Welcome to the Yakezie Carnival, which is hosted by members and challengers of the Yakezie Network – The Largest Personal Finance and Lifestyle Blogger Network. Today, I’m kind of sad to say, is the end of the Olympics. I had a lot of fun watching all the different events, so I thought it would be fun to post some highlights of the top events from the 2012 London Olympics to spice up this carnival – but instead I just had to write a little about it because I don’t want to be sued by the IOC for using their images. But don’t worry, the awesome articles submitted this week are this there too!
Gymnastics and Investing
Investing is a lot like gymnastics - you have to be flexible all the time! Beyond that, even the best investors, like the best gymnasts, fall from time to time. The difference between the amateurs and the pros is that the pros get back up and brush it off pretty quickly.
BARBARA FRIEDBERG @ Barbara Friedberg Personal Finance writes MBA SERIES; ARE BONDS SAFER THAN STOCKS? - Bonds are usually less volatile. So, if you are looking for fewer ups and downs in your portfolio, then bonds are certainly less risky.
TRL @ The Retired Landlord writes Investing in Real Estate from a Distance - Find out why I am considering investing in real estate in a different market than the one in which I currently reside.
Earth and Money @ Earth and Money writes Ethical Mutual Funds – A Better Way to Invest? - Investing ethically can make real transformative change in corporate actions without sacrificing financial returns.
MMD @ My Money Design writes How to Retire on 500K with the Greatest Potential - Is it possible to retire on 500K? It may be tough, but there are certainly ways of maximizing your options while creating a safe portfolio.
Cash Flow Mantra @ Cash Flow Mantra writes Gotta Love Dividend Stocks - Seagate Technology (STX) is one of the stocks that I am holding in my retirement account. I purchased it as part of my focus on dividends since it had a 4% yield at the time. The stock increased in price and I ended up selling it in late June for a 23% annualized profit. But I immediately repurchased it again and instituted my hedging strategy since I still fell like the stock had some decent potential for further gains.
Tushar @ Start Investing Money writes Diversity: the Key Word to Remember When Investing - We’ve all heard the advice not to put all our eggs in one basket. This certainly holds true for investments. If you were to sink everything into one investment and it lost its value, you could lose a lot of money. However if that investment was one of several, the impact on your savings would be far less severe than it would have been otherwise.
J.P. @ Novel Investor writes Easy Tax Equivalent Yield Formula and Chart - The idea of not paying taxes sounds great, but are you getting the best return on your money? Knowing the tax equivalent yield will help you decide if a tax-free bond will give you a better return than a taxable bond.
A Blinkin @ Funancials writes My Investment Strategy Fully Explained - I invest in markets where there is real supply-and-demand and fundamentals really matter. E.g. currencies and commodities. Other wise, I’ll be competing against other traders who are just (if not more) savvy, resulting in a game in which no one wins.
Passive Income Earner @ The Passive Income Earner writes How To Invest in Gold - Gold can be seen as a safe haven for many when confidence is low in the markets and in the economy. Gold value per ounce is a regular metric being shared globally through daily news along side your country’s currency and oil prices.
Teacher Man @ Young And Thrifty writes Mutual Fund Managers = Minor Leagues - Mutual funds managers don’t hold a candle to the hedge fund managers. They make TONS of money and its almost impossible to replicate.
SB @ Finance Product Reviews writes Zecco Trading Review - This is an honest review of Zecco Online brokers. Zecco is not free anymore but they have a very good trading platform which is easily lowest in the business of discount brokers. Read this review for more
Track & Field and Saving & Spending
Track and field was a lot of fun to watch! Track and field is similar to saving and spending in that each event has a definite, time based winner – just like your household budget being finite. Unlike the subjective sports, this one is exact.
Edward Antrobus @ Edward Antrobus writes The Dave Ramsey $1000 Starter Emergency Fund - In the Total Money Makeover, Dave Ramsey recommends starting with a $1000 emergency fund while paying debt. How I instituted that plan.
John @ Married (with Debt) writes 6 Crazy Things I’d Do with a Billion Dollars - Imagine you won a billion dollar lottery. Would you be boring or go crazy with your purchases? Here’s what I would do…
Deacon Hayes @ Well Kept Wallet writes How to Buy a Home WITHOUT a Mortgage - About 6 years ago, I didn’t even think this was possible. I thought the only way I will ever own home is to borrow money. Man, was I mistaken. Looking back at all of the interest I have paid to banks makes me sick. I knew there had to be another way and there is.
SFB @ Simple Finance Blog writes 5 Tips for Students to be Frugal - College costs continue to rise every year, and that is just for tuition. The costs of just living as a college student have also continued to rise. Here are some tips and tricks to be frugal in school so that you can save your money for things that really matter! 1. Rent, Don’t Buy Textbooks …
Amanda L Grossman @ Frugal Confessions writes Mustang Budgeting and Other Methods of Implementing a Budget - On the way to work one morning I started playing with the speedometer button on the Mustang. One push of the button showed me the length of each trip.
Hank @ Money Q&A writes When Does Your Frugality Become Unethical? - Can frugality become unethical? Where is the line we cross when pinching your pennies is no longer morally acceptable? Are some cases of being frugal borderline illegal too?
Beating Broke @ Beating Broke writes Trade DVDs to Save Money - Why buy anything if you can trade for it? DVDs aren’t an exception. I’ve been using a service called Swap-a-DVD to trade DVDs for a while now. It’s actually a sister site of the site I use to trade books, paperbackswap.
Jacob @ I Heart Budgets writes How To Save Money: Billing Mistakes (Part 1) - Have you ever looked at your bills closely? You may be over-paying them and wasting hundreds! Read how to save money on bills and keep more cash!
Kyle @ The Penny Hoarder writes An Easy Way to Sell Your Stuff When Redecorating… - There inevitably comes a time in a girl’s life when she has to redecorate. For me, that time comes around every three years. One day I’ll wake up and that piece of art I said I’d never get rid of suddenly offends me. Like, literally, I get angry when I walk past it.
Corey @ 20s Finances writes How to Save Money: Even Your Milk Money Counts - Do you find yourself saying that you don’t have enough money? Is it hard to find the pennies necessary to pay the bills? Saving money can be difficult at times for a lot of reasons. Whether it is because you are stuck in contract to lease a car or can’t stop yourself from buying the latest, greatest item, it can be hard to save money.
Kevin @ Thousandaire writes I Spend Less than 50% of My Pretax Income - As I was updating my net worth this month I realized that my net worth has increased over $31,000 in the past 12 months.
Jason @ Work Save Live writes Teaching Children about Money - Teaching My Future Children about Money I was in the store the other day and ahead of me in line was a little girl with her mom. The girl was throwing a tantrum about not getting a candy bar. Talk about annoying.
Robert @ My Multiple Incomes writes Why You’re Not Saving Money - There are a lot of reasons why people say that they can’t or won’t save. This could be because they don’t make enough, they’d rather spend money on what they want, retirement is too far away and so on. Below these common excuses and reasons are explained further:
Shawanda @ You Have More Than You Think writes Would You Accept Food Stamps If You Didn’t Need Them? - If I qualified for food stamps, I’d get them. After all, every dollar I save on food is a dollar I can invest in my business.
MR @ Money Reasons writes Working Alternative Work Shifts For More Money - Working a third (or second) shift might enable you to dramatically increase your income if you do it right! Read my thoughts on the idea.
Ashley @ Money Talks Coaching writes Saving for Retirement is Like Going on a Road Trip - What if I woke up one Tuesday morning and decided to take my kids to Disneyland that day? Now, I live in Phoenix.
Crystal @ Budgeting in the Fun Stuff writes Scoring $1200 in Travel Vouchers - It’s no secret that most airlines oversell their flights anticipating a certain number of no-shows. Here are tips to receive free travel vouchers!
Daniel @ Sweating the Big Stuff writes Why $200 Lost Gambling Was Better Spent Than $200 Cirque Du Soleil Tickets - In all, we spent about the same amount on the Cirque Du Soleil tickets as we lost playing Craps over the weekend. Where did we have more fun?
Sicorra @ Tackling Our Debt writes 30 Simple Ways to Save Money - What happens when you suddenly realize that you are actually living pay check to pay check, or worse yet, you are barely able to pay your bills on time? If you suddenly find yourself in a situation like this here are 30 simple ways to save money throughout the year.
Steven @ Grocery Alerts writes Celebrity Couponers - Did you know that these celebrities all clip coupons? Sarah Michelle Gellar, Kate Gosselin, Hilary Swank, and even NBA star Rob Hibbert clip coupons. Couponing is really in vogue these days so we created an infographic that shows the popularity of coupons with celebrities.
Greg @ Club Thrifty writes Buying a House vs. Renting: What’s the Right Call? - There is quite a debate about whether or not buying a house or renting one is the best choice. Is it possible that both ideas could be right?
Lina @ Baby Alerts writes 7 Easy Ways for Moms to Save Money - With the tough economic time we have been facing, the role of mother has gotten even tougher. There is less money to go around, and if anyone has ever risen a child, then you know how expensive it is. Indeed, it is a tough world out there for most mothers, and when it comes to the expenses of raising a child there are a number of ways to save money.
Jeff Rose @ Good Financial Cents writes App O Rama: Hacking Your Credit Card for Free Stuff - Today I’m going to show you how to profit from wisely using your credit score after you no longer have a use for it. Ready? It’s called doing an App-o-Rama.
Steven @ Canadian Personal Finance writes What is an Olympic Medal worth to an athlete? - Did you know that some countries award their athletes for their performance at the London Olympics? I wanted to share a roundup of some countries and their financial incentives for their athletes.
Glen Craig @ Free From Broke writes USAA Free Checking Review – No Fees and Lots of Convenience - USAA Free Checking offers up fee-free checking with many other great benefits. See more about USAA’s checking and why it could be a great choice for you.
Team Sports and Debt
You don’t hear too much about the team sports in the Olympics, except when something good or bad happens. The same is true about debt – we only talk about it when we’re buried in it, or once we’re debt free!
PPlaner @ Provident Plan writes Should You Avoid Debt? - Too often people in both niches of finances and religion identify a situation as black and white when it is actually gray.
Jon the Saver @ Free Money Wisdom writes Three Reasons You May Not Want to Make Extra Mortgage Principal Payments - These three reasons are great advice for why one should not make extra mortgage payments. While some may disagree, these are great reasons.
Jester @ The Ultimate Juggle writes Learning How to Save Thousands on Your Mortgage - Find out some basic tips to save money on your mortgage.
Jen @ Master the Art of Saving writes Find Our First House-Check! - We’ve only been searching for our first house for around 2 months now. About 2 months ago, we were pre approved for a home loan using the USDA Guaranteed Loan..
Debt Guru @ Debt Free Blog writes Living in Debt without Hope? - Find out how having debt can take all of your hope away and what you can do to get it back and pay off your debt.
Sean @ One Smart Dollar writes Student Loans for Graduate Students - If you are thinking about going to graduate school you don’t want to miss this article on how you can properly pay for it.
Mrs. PoP @ Planting Our Pennies writes Our Refinance Trainwreck - The tale of our epic battle to complete a refinance on our mortgage and what we learned from it.
Everything Else with Everything Else!
Finally, there are a ton of random sports in the Olympics, and they are all pretty fun to watch, just like the rest of these articles in the Yakezie Carnival.
Lance @ Money Life & More writes Should I Get a Smartphone Update! – Am I Glad I Got a Smartphone? After about a month and a half of owning my smartphone I am extremely happy I got it! My biggest concern was the smartphone data bill, a whole $30 a month. Thing is, I rarely buy things for myself and am definitely not a big spender…
Shilpan @ Street Smart Finance writes Why I blog and Why You Should, Too! – Have you ever thought — if you are a blogger — to pull the curtain on your blog? You are not alone! Every blogger has faced this conundrum. With so many pieces of a puzzle to tackle, it’s easy to lose track of the source of inspiration. I’ve committed preposterous act of losing focus three years ago after launching my first blog, and experiencing a short-lived success.
Luke @ Learn Bonds writes The Limitations of Credit Default Swaps – Here’s why it is more important to focus on bond prices than CDS when talking about default potential.
Suba @ Broke Professionals writes Being Responsible: 5 Things Adults Do – Being responsible – it sounds like a bore, something old people do. But adult responsibilities mean more than just funding my 401(k). What says adult to you?
Roger the Amateur Financier @ The Amateur Financier writes Couples and Money – Combining Your Accounts – A short guide to how you can combine your finances with your new spouse shortly after your wedding or later in your marriage.
Don @ MoneySmartGuides writes Money Saving Discounts – We are all familiar with couponing thanks in large part to the Extreme Couponing shows that air on cable. Recently, businesses have turned to using the internet to offer discounts through coupon codes.
Daisy @ Add Vodka writes Ways We Are Costing Each Other Money – I was watching TV while babysitting (after the kids went to bed) and had the only thing that seemed half interesting was a show about shoplifting.
krantcents @ KrantCents writes Red Flags of Personal Finance – A red flag is an indicator of potential problems. It means danger, stop or caution because of something ahead of you. In personal finance there are a number of things to watch for or avoid to be successful.
Evan @ My Journey to Millions writes I Can’t Believe I Have Been Blogging for 4 Years – On August 5th of 2008 I put up my first post. I had no idea if anyone would read about my journey, nevertheless care about what was going on in my life, but I wanted to share my thoughts with whoever wanted to read them.
PITR @ Passive Income To Retire writes Passive Income by Leasing a Car? – Have you ever considered passive income by leasing a car privately? I have! Here are the details.
Miss T. @ Prairie Eco Thrifter writes 10 Ways to Make Your Home a Zero Waste Facility – There are some ways you can help turn your home into being (or get it closer to) a Zero-Waste facility. By keeping in mind the entire life-cycle of the products we buy and throw away, we can all do our part to reduce or eliminate waste from our life. Here are some tips to help you get started.
YFS @ Your Finances Simplified writes The 5 Things You Should Never Do During A Job Interview – The job interview will be the first time that your prospective employers will be seeing you in person.
L Bee @ L Bee and the Money Tree writes It’s time to set some goals. – Every person has financial goals. Any financial blogger worth their salt generally shares these goals and their progress with an audience.
Wayne @ Young Family Finance writes What to do without a Pay Raise? – Find out how you should respond to not getting an annual pay raise. It’s important to approach it with the right mentality.
Little House @ Little House in the Valley writes A Mason Jar “Why Didn’t I Think of That” Idea – A new use I came across the other day was a, “Doh! Why didn’t I think of that?!” idea: A Mason Jar Cocktail Shaker. Now, I’m not much of a cocktail drinker, so maybe that’s why I didn’t think of it, but a Brooklyn-based team designed a Mason Jar Cocktail Shaker that’s quite brilliant.
Mr. Money @ Smart on Money writes Tired of Credit Card Offers? Take Your Name off the Marketing Lists – At some point, I’ll probably cut off the credit card offers. And I’ll also want to stop the flow of other junk mail. The good news is that it’s possible to do this — do it fairly easily.
Sustainable PF @ Sustainable Personal Finance writes Sustainability Isn’t Black and White – While doing the green thing seems like it makes sense, especially when you spend the same amount of money, one should really examine purchases critically.
JP @ My Family Finances writes How to Make Your Recipes Cheaper and Healthier Too – Cutting down the average family grocery bill means making small changes to how you cook. However, those changes can mean better quality and healthier food.
Ted Jenkin @ Your Smart Money Moves writes Fancy Vacation: Your Kids Won’t Remember A Thing – It seems talking to people over the past couple of years that taking a memorable fancy vacation is important thing on the minds of many parents.
Jennifer Lynn @ Broke-Ass Mommy writes Financial Check-Up; Our Vacation at Cape Ann – Broke-Ass Mommy is a blog that chronicles the tribulations of being a mother with limited income
Jason @ Live Real, Now writes Changing Circumstances – When I started this blog in 2009, I was broke and in debt to my eyeballs. It began as a way to publicly hold myself accountable and vent my need to talk about my money problems. Those needs are changing for me because my circumstances are changing.
Invest It Wisely @ Invest It Wisely writes Olympic Reading for your Week – O-no: Ring-shaped bagels at the House cafe in Camberwell, south London was told to take down the Olympic-themed display by southwark Borough Council.S
Aloysa @ My Broken Coin writes French Toast in Alaska – Vacation. Alaska. Cruise. Right. That odd feeling I got in the beginning of our cruise is not fading away. From day one I felt that we are in some odd dimension where we are forced into a small, inadequate space with mean spirits instead of people.
Corey @ Steadfast Finances writes Difference between Homeowners and Renters – Do you think it’s better to rent? Do you think it’s better to buy a home? While there are many who would suggest that buying a home is always the best option, it isn’t as clear cut as it should be. Buying a home means taking on a lot more risk.
Ryan @ Early Retirement Investments writes How to Add Curb Appeal to Your Home – If you’re thinking about selling or renting your home, or if you’re just having a house party next week, you don’t want your first impressions to be bad. That is why adding some curb appeal to your house is a great do-it-yourself project for any budget. If you only have a few dollars, or want to revamp the entire front of your house, there is a project for you.
Maria @ The Money Principle writes Three short stories on money and technology – Money and technology is changing the way in which we spend and the things we worry about. I have a sophisticated system to remember my PINs.
Justin @ My University Money writes Things That Universities Don’t Want You To Know – Universities are known for making money by any means necessary. Look around for opportunities to bypass their monopoly once in a while.
Melissa @ Mom’s Plans writes Goals Update: July 2012 – I last updated our goals at the beginning of July. Here is our progress since then:
Everything Finance @ Everything Finance Blog writes The Energy Sucking Monster: Air Conditioning – While we can’t ignore the need for air-conditioning and constantly running fans during the summer months we can be smart about how we use electricity.
Stephanie @ The Empowered Dollar writes The Simplest First Step to Raising a Millionaire Child – The first step to raising a wealthy, debt-free child is easy. And it sets the foundation for your kid’s financial future.
Dr Dean @ The Millionaire Nurse writes Nine Steps To Home Office Security – Home office security is as important as the security your IT department keeps harping about at work. See if you meet the standard, or agree with the standard.
Will @ Hacking the Bank writes Combining Finances After Marriage – With my wedding less than a year away it’s time to decide how our finances will be structured. Is it best to combine finances after marriage? Or keep separate accounts? It’s time to decide and come up with a plan.
I hope you enjoyed this week’s Yakezie Carnival – Olympics Closing Ceremony Edition. And before you comment, I know I didn’t include swimming because I had a hard time drawing a connection – maybe you have one to share below!
Please be sure to check out next week’s Yakezie Carnival, which will be hosted at Frugal Portland, who also happens to write here once a week!