Carnival of Personal Finance #114

Welcome to the 114th Carnival of Personal Finance! For those unaware, the Carnival of Personal Finance is a series of weekly posts hosted by various blogs in which we highlight great posts on various personal finance topics. For my regular readers, consider this a long, long version of my morning roundup.

Below, I picked out ten articles from all the submissions that I enjoyed the best, labeling them Editor’s Choice. From these, I picked out one sentence and included it in this post, so you can get a flavor of the writing style before you click!

After the ten Editor’s Choice picks, you’ll find a long list of entrants from various personal finance blogs. I strongly encourage you to visit articles that interest you!

Editor’s Choice

Sometimes I get really mad when I think about the 13 years that I have been working and not saving because I was financially ignorant. I have a 17 year old brother that is looking for his first job and, knowing my parents, is just as clueless as I was.
Saving A Sibling In Debt (@ one snarky chica with issues)

Small companies, like small ships, carry a high risk in the stock market and are more volatile. While investing in small company stocks, or small caps, can double your money, a single bad news can tank the stock. Big companies, like big ships, do not move as fast in the stock market but they are generally less responsive to the daily market fluctuations.
Understanding Stock Market Risk Tolerance: Big Ships vs. Small Ships (@ growing money)

You have a cellphone that works? Great, you are better off than most people in most other countries. You know what those newer ones do that yours still does? Make calls.
Want What You Have, Not What They Have (@ my two dollars)

In Silicon Valley, a lot of people have been fortunate enough to do quite well financially. And having worked as an engineer around here for almost two decades, I witnessed both some highs and lows in the technical and financial front.
Top 10 Wealth Building Ways Of Ordinary People (@ the digerati life)

The media feeds the frenzy that the sky is falling because that’s what the media does. But the hyped-up fear of the unknown is usually worse than reality. And the market is currently reflecting the full force of the (unknown) bad news.
Going Against The Flow (@ free money finance)

I had lunch with a friend who likes to talk money with me. She has financial savvy, but her partner mismanages almost every cent he earns. During lunch she howled, “Why doesn’t he just burn his money in a pile right in front of me? It would be the same thing as what he does with his money!”
Sleeping With Money: Navigating “You Did What With Our Money?” Moments (@ queercents)

Since both my and my wife’s parents live in Ukraine (as well as many relatives) the topic of international phone calls to Ukraine has never been off the table and we have probably tried every possible way to save on international calling. Here are a few tips that will help you call Ukraine (and other ex-Soviet countries) without braking the bank.
Calling To Russia And Ukraine – Money Saving Tips (@ pro bargain hunter)

The recent mine disaster in Huntington, Utah, in which 6 miners are still missing, has again brought national attention to the dangers of mining and other hazardous jobs. While there have been several mining disasters in the United States over the last 2 years, according to the United States Department Labor, Bureau of Labor Statistics, mining is not actually considered the most dangerous job in the US. In fact, it is not even in the top 10.
Is A Job Worth Your Life? (@ cash money life)

There are some burdens in life you carry forever. These are memories of things you wish you hadn’t done, but did nevertheless. Here is one such burden that I have been carrying for years.
The Weight Of Stolen Money (@ money, matter, and more musings)

Other Entries

5 Key Strategies For Getting Out Of Debt (@ the happy rock)

Current Mortgage Rates for Mortgage Refinance and Purchase Loans in US. (@ Mortgage Rates)

5 Things I Will Spend My Dimes On (@ lazy man and money)

7 Ways To Improve Your (Golf) Game On A Budget (@ life in the rough)

37 Tips, Facts, and Rules For Trading Stocks In A Bear Market (@ falk investing)

Attention Costco Shoppers (@ insureblog)

Best Cash Back Credit Card List On Gas, Groceries, Restaurants, Etc. (@ hustler money blog)

Car Purchase: Confessions & Justification (Cont.) (@ grad money matters)

Caveat Lector! PF Blogs Are For Fun And Entertainment (@ mapgirl’s fiscal challenge)

Debt Reduction Is For Everyone (@ living real)

Do You Have an Emergency Fund? – If Cash is King, Then Don’t Neglect His Good Looking Brother, the Prince of Credit! (@ teaspoon finance)

Emergency Funds: How Much Is Enough? (@ million dollar journey)

Envelope System Video Tutorial (Step By Step Guide To Using The Envelope System To Manage Your Cash) (@ no credit needed)

Features That Add Resale Value To A Home (@ everything finance)

Financial Cliché VI: Leveraging Is (NOT!) Only for Rich Individuals (@ the financial blogger)

Flying On The Cheap (For The Airlines, Not For You) (@ brip blap)

FNBO Blunder: Due Diligence 2nd Request Email (@ home finance freedom)

FNBO Direct Is Scary (@ the sun’s financial diary)

How I Keep My Sanity When The Equity Markets Are Volatile (@ ask mr. credit card)

How Real Returns Get In The Way Of A Good Plan (@ advanced personal finance)

How To Know Instantly You’re Being Conned (@ dough roller)

How The Subprime Problems Heare Affected Retirement Funds In Japan (@ journey 2 retirement)

How To Make Your Money Greener (@ gather little by little)

How To (Not) Ask For A Raise (@ money and such)

It’s Not All About The Money – The Baglady On Evaluating Job Offers (@ the baglady)

It’s Okay To Spend Money (@ five cent nickel)

Job Search (@ college of cash)

Keeping The Right Balance Between Money And Leisure (@ mortgage blog)

LendingTree Review: Do You Really Win? (@ blueprint for financial prosperity)

Make Money From Credit Cards: 0% Balance Transfer Profit Calculator Tool (@ my money blog)

Making A Big Fuss Out Of An Adult Shopping In A Junior Section (@ around the sun)

Married Money (@ my money and my life)

Other People’s Money (@ plonkee money)

Personal Finance Isn’t Rocket Science, It’s Self Motivation (@ saving advice)

Retailer’s Anger Reveals How You Can Make Money On eBay (@ money smart life)

Shorting Stocks – For Experienced Traders Only (@ my wealth builder)

“Smart” Computers Are Turning The Stock Market Upside Down (@ breaking the shackles of the 9 to 5)

Snooping To Find The Value Of Someone Else’s Home (@ one frugal girl)

The Big Idea (@ 1 man’s money)

The Complete Newbie’s Guide to Buying Your First House, Part 3 – Shopping for a Mortgage (@ make your nut)

The Dow Is Falling Through Support Levels – Is The Worst Yet To Come? (@ generation x finance)

The Infrequent Bills Account (@ chief family officer)

Top Business Credit Cards (@ hustlerama)

Top Personal Finance Books: A CompleteKit (@ fire finance)

What Happens When Your Mortgage Lender Goes Out Of Business? (@ the finance buff)

What Is A Yen Carry Trade? (@ money relations)

When Your Mutual Fund Speaks For You, What Does It Say? (@ money and values)

Wild Week In The Market Causes The Fed To Intervene (@ smart money daily)

Trent Hamm

Founder of The Simple Dollar

Trent Hamm founded The Simple Dollar in 2006 after developing innovative financial strategies to get out of debt. Since then, he’s written three books (published by Simon & Schuster and Financial Times Press), contributed to Business Insider, US News & World Report, Yahoo Finance, and Lifehacker, and been featured in The New York Times, TIME, Forbes, The Guardian, and elsewhere.