Welcome to the My Multiple Incomes version of the Carnival of Money Pros! If this is your first time here, please stop by and check out my resources and storys about my path to developing multiple incomes streams to diversify my income.
I’m a huge believer that multiple income streams are the way to unlock financial success. They include: earning a salary, investing, doing side hustles, and more! There is no limit to the number of income streams you can have (except maybe your time).
And now, onto the carnival!
Vanessa @ Vanessa’s Money writes Myth! Working Overtime isn’t Worth it - For five years I worked for a group of people who argued that working more than 35h a week meant that you’d earn less money after taxes were deducted. I did the math to prove them wrong.
MR @ Money Reasons writes Why I Want Rich People To Buy Things And Spend Money - I want Rich people to buy things and spend there money! Believe it or not, but their spending just might be keeping us middle class folks employed
Evan @ My Journey to Millions writes Where Does Capitalism End and Prize Gouging Begin? - Price gouging laws seem like the “right” or “just” bill to have on the record but they are obviously opposite of normal supply and demand curves:
Andrew @ 101 Centavos writes Gardening Corner: Winter Prep and Proper Mulching – November is a good time to start thinking about next spring’s gardening season, and prepping the raised beds for winter.
James Petzke @ This Is Common Cents writes The Number One Way to Save Money - Being healthy is the best way to save money in the long run.
Corey @ 20s Finances writes Buying Your First Home: How Much House Can You Afford - We are planning our first home purchase. When doing our research, we found popular guides to determining how much house you can afford.
Jason @ Work Save Live writes Save Money With Coupons This Holiday Season - I’m a big fan of frugality, and an easy way to do this is with coupons. Many people only seem to think that coupons work for groceries or household commodities, but coupons are great ways to save on holiday gifts.
Mike @ Personal Finance Journey writes A Cash Budget – Its not all bad news - Handy tips on transition to a cash budget to help curb your spending and give your debt a quick cut.
Invest It Wisely @ Invest It Wisely writes Failure to Save Leads to Financial Disaster - Do you worry about being able to pay your bills? Let’s look at how saving part of every pay check will ease these worries and allow you to get some sleep at night.
Ashley @ Money Talks Coaching writes Just Make More Money - We have gotten into hiking lately as a family. I’m doing what I always do when I find something I like.
Edward @ Modest Money writes Saving Money By Making Homemade - Recently, I embarked on a quest. Instead of getting ideas from other personal finance bloggers, I wanted to get the opinions of average people on the topic of frugality. I started asking friends and coworkers one simple question: what is your favorite way of saving money?
Debt Guru @ Debt Free Blog writes Basic rules of avoiding debt online - I know firsthand it’s hard to stay debt free and many of my friends laugh at how committed I am to living within my means. What they don’t understand is the freedom I experience in owing absolutely nothing, and how hard it can be to dig your way out of debt accumulated over many years.
Derek Knight @ Freeat33 writes Save Money By Staying In Bed - Some people are working for free when they subtract the costs of their car, gas, lunches and babysitters.
Lance @ Money Life and More writes How Much A Cheap Cruise Really Costs – Have you ever wondered how much a cruise really costs? I’m going to give you a hint. It is much more than the list price you see when you’re looking into booking your first cruise. I still think a cruise is a great value but you need to be prepared for all of the costs.
Kurt Fischer @ Money Counselor writes Layaway: Just Say No! – In the never-ending quest by merchants to move cash from your pocket to theirs, so-called “layaway” has been resurrected and is being promoted vigorously as holiday shoppers grow merry. But does layaway make something affordable?
Glen Craig @ Free From Broke writes 11 Ways to Prepare Your Home for Winter, Conserve Energy, and Save Money – Before the winter cold hits you want to make sure you have done what you can to prepare your home for winter to both conserve energy and save money. See 11 ways you can do this.
Glen @ Credit Card Smarts writes Credit Card vs. Charge Card: What’s the Difference? – We tend to forget that credit cards and charge cards are different animals. Even though they are similar you need to know what makes each different.
SFB @ Simple Finance Blog writes Insidious Examples of Lifestyle Creep - When we think of lifestyle creep – aka, lifestyle inflation – we tend to think of those big ticket items that prove to be budget busters.
Eddie @ Finance Fox writes Are You Wasting Your Money? - Convenience and happiness don’t always have to equal being wasteful with your money though.
Jen @ Master the Art of Saving writes Getting The Most (Bang) For Your Halloween Bucks - A lot of people always complain that Halloween costumes are such a waste of money.
Don @ MoneySmartGuides writes Do You Pay For Services You Don’t Use? - The following post is by MSG staff writer, Shondell of Call Me What You Want, Even Cheap. She blogs about her recent car loan and mortgage pay off of over $95k and a whole bunch more.
A Blinkin @ Funancials writes What Happens When I Swipe My Debit Card? - When you make a purchase with cash, the merchant keeps ALL of the cash you give them. If you give them $100, they keep $100. When you make a purchase with a debit or credit card, the merchant gives a small percentage of that transaction to a processing company AND the bank that issued that debit or credit card. So if you swipe for $100, the merchant keeps $98.
Amanda L Grossman @ Frugal Confessions writes Slowly Boiling in a Pot of COL Inflation and Increased Fees - The agency I work for has not given a cost of living increase in three years now.
Michelle @ The Shop My Closet Project writes S$&T Happens-Do you have an emergency fund? I don’t and that’s a problem - This is the reason that you need to have an emergency fund! Read more to understand why it is so important.
krantcents @ KrantCents writes Why I don’t Have a Bucket List - Any bucket list is stupid! If you wait to do things or need to put it on a bucket list, you probably won’t do it anyway.
Daisy @ Add Vodka writes Things I Want to Do With My Money - Last week, I had reason to sit down and think about whether or not I was putting enough money away for my future goals. Despite saving around 35% of my income (+ any extras), it turns out I’m not. I … Continue reading →Things I Want to Do With My Money is a post from: When Life Gives You Lemons.
Wayne @ Young Family Finance writes Important Calculation for Buying a Car - Want to know how much that new(er) car is going to cost your family? Find out what the most important calculation is.
Little House @ Little House in the Valley writes Someday Your Life Will Flash Before Your Eyes. . . - Car companies sell this idea through commercials – a glimpse of this lifestyle if you buy the car. Or, buy the car, have the life. The reality is closer to: buy the car, have more debt.
SBB @ Simple Budget Blog writes Budgeting for Singles vs. Families - Find out how budgeting for a family is different than budgeting as a single person.
JP @ My Family Finances writes Average Family Spending on Christmas Gifts 2012 - If you want to keep your family budget underneath that average family spending for Christmas gifts, you are better off planning early.
Teacher Man @ My University Money writes How Much Should I Get In Student Loans? - Most young students that I remember figured that whatever “free money” the government was willing to give loan them was ok by them and defaulted to taking the maximum student loan possible. Consequently, for many people who want to give students advice, the question becomes not, ‘How much CAN I get with student loans?” but rather, “How much SHOULD I get with student loans?”
Penny Thots @ Penny Thots writes Analyze Your Spending to Discover Your True Priorities - To find your true top values, just look at your spending. Where you spend your money gives a clear picture of what is important to you. So go through your check register and credit card statements and identify the three things that are obviously your values based solely on your spending patterns. If you frequently use cash, factor in that spending, as well.
Passive Income Earner @ The Passive Income Earner writes Differences between Forex and Other Markets? – Learn the difference between forex and stock market.
Corey @ Steadfast Finances writes 5 Unforeseen Expenses That Can Ruin Your Retirement – Retirement is the culmination of everything we worked hard for throughout the first two-thirds of our lives. It is the time when we can truly start to enjoy the fruits of our labor. Well, ideally, it should be. But what if, before you even start to enjoy your rest and freedom, you discover certain financial obligations that you never even considered before.
Wealth Effect Blogger @ www.YourWealthEffect.com writes The Debate Over Where Inflation is Headed - Predictions range from deflation, to little to no change in prices to hyperinflation and everywhere in between.
Maria @ The Money Principle writes How to Trade Forex - This article offers basic knoweldge about Forex traiding.
Mich @ BeatingTheIndex writes Aroway Energy: On Track to Double Production a Second Year in a Row - Aroway is a financially strong junior oil producer on the cusp of growing production above the 1,000 barrels per day threshold.
IMB @ Investing Money writes ETFs – Pros and Cons - Find out the pros and cons of investing in ETF’s. There are many reasons to like them.
Tushar @ Finance TUBE writes Investing 101: The Top Twelve Investing Mistakes - Today we will talk about the Top Twelve Investing Mistakes. In the last ten years buying and selling the mutual funds in a strategy that has lost money. However you ETFs, Modern Portfolio Theory and semi annual balancing has worked beautifully.
Kanwal @ Simply Investing writes Buy or Hold? What does Warren Buffett Think? - Warren Buffett recently appeared live on CNBC’s Squawk Box for a two-hour interview with Becky Quick. During their conversation, they discussed a number of issues about the global economey and investing. You can read the complete transcript here.
Rachael @ rVoice writes Our Virtual Portfolio is now Live! – Blogger Challenge - We launched new tools to make investing easier for everyone, so we asked personal finance bloggers to put them through their paces.
Luke @ Learn Bonds writes The Effect of ETFs on Individual Bonds - How bonds that are included in ETFs react differently to changes in market conditions than bonds that are not included in ETFs.
Hank @ Money Q&A writes Why You Should Consider Selling Your Mutual Funds - There are times that it is best to just sell your mutual funds and let them go. Things change. Investing philosophies and goals change. Those are some of the reasons to consider selling your mutual funds.
Ken Faulkenberry @ Arbor Investment Planner writes Dividend Growth Compounding Versus Interest Compounding - Interest compounding is a powerful financial concept, but dividend growth compounding multiplies the benefits of exponential growth.
Steve @ Canadian Personal Finance writes Why does crime pay in Canada? A look at investor fraud - Former Victoria financial advisor Ian Thow who conned investors of more than $8 million has been granted parole after serving just two and a half years of his nine-year prison sentence.
Buck Inspire @ Buck Inspire writes Stock Success: Can You Handle It Cam Newton? - See how early stock success can come back to get you. Just ask Cam Newton!
Shawanda @ You Have More Than You Think writes How Hard is It to Discharge Student Loans in Bankruptcy? - If you’re new here, you may want to subscribe to my RSS feed or e-mail. Thanks for visiting! TweetSharebar TweetEarlier this year, the United States’ collective student loan bill topped $1 trillion.
Deacon @ Well Kept Wallet writes Top 10 Business Quotes – So much can be learned from those who have been successful in business. Here is a list of the top ten best quotes about business.
PITR @ Passive Income To Retire writes How NOT to Build Passive Income – Find out what can delay and/or reduce your passive income. Don’t fall into this trap and regret it later.
Suba @ Broke Professionals writes Paid Sick Time: What It’s Costing You – The U.S. is the only industrialized nation without a paid sick time policy, making calling in sick a battle of financial vs. personal health for many.
CAPI @ Creating a Passive Income writes How to Earn More and Work Less Using Passive Income – You have the opportunity to learn something about earning more money with passive income, and I hope you will take advantage.
Daniel @ Sweating the Big Stuff writes Making a Mid-Life Career Change – The average American will change jobs nine times before reaching their 33rd birthday. Changing your career can be difficult, but these tips can help.
Miss T. @ Prairie Eco Thrifter writes Reader’s Question: How to Deal with Your Partner’s Family’s Financial Situation – I sometimes wonder why we put up with situations within our families that we wouldn’t even consider if the same thing happened with a stranger.
Rich @ Growing Money Smart writes What Is Your (I Am Rich) Threshold – This is the investment threshold level that I would consider myself entry point rich. See if your threshold is the same as mine!
Jon the Saver @ Free Money Wisdom writes Five Ways to Take Control of your Finances – Here are five ways anyone can better organize their finances and get their wallet in order. Stop wasting time, get your finances together now.
Jason @ Live Real Now writes Repo Man – The repo process varies by state, but the basics don’t change much. The loan holder can file for repossession as soon as the loan agreement is broken. They can repossess with no notice and the borrower is on the hook for the difference between what’s owed and twhat’s recovered during resale. If you get to the point of repossession, you are out of options.
Jeff Rose @ Good Financial Cents writes Average American Financial Situation – While it’s often not so bad to be average, the reality is that maybe your finances are better off if you aren’t average.
Jeff Rose @ Life Insurance by Jeff writes 25 Year Term Life Insurance Policy – Term life insurance is very important to handle the financial burden of a loved one who passes away. The needs of the family are still present when the bread winner is no longer around.
Crystal @ Budgeting in the Fun Stuff writes Sometimes a Little Stain Goes a Long Way! – Our new house has a breakfast nook right off the kitchen. Our old table doesn’t fit in, but it does now that we stained it!
Joe @ Midlife Finance writes Using Your Age To Your Advantage – It’s easy to let inner uncertainties stand in the way of a new direction in your life, especially if you’ve gone past the ‘middle’ point, Truth be told, though, age can actually work to your advantage.
Steve @ Ready To Quit My Job! writes Dealing With An Abrasive Boss – You’ve got more experience now; why not put it to good use? Go back to school for what you really want to be doing. Switch departments. Cross-transfer. Or look elsewhere.
TRL @ The Retired Landlord writes Should You Buy a Fixer-Upper? – Deciding whether you should buy a fixer-upper as a real estate investment is all about weighing the time commitment with the savings in the asking price.
Justin @ The Frugal Path writes Your Small Business Needs an Emergency Fund Too – Emergency funds are not just for personal protection. Your small business needs one as well.
Ted Jenkin @ Your Smart Money Moves writes 10 Mistakes That Entrepreneurs Can Make – There are 10 Mistakes that Entrepreneurs make that can prohibit them from creating a very successful business.
TDB @ Tax Deduction Blog writes How Do I Deduct Points Paid on My Mortgage? – Due to improvements in the home markets across US, more and more families are on the look out to buy a home. When you own a property with equity, not only do you gain financial benefits but also receive advantages in terms of tax, one among which is points being deducted on mortgage. In your…
Beating Broke @ Beating Broke writes Cost of Living Can Make a Big Difference – Where you live, and how much it costs to live there can make a huge difference in what your finances look like. The differences in the cost of living between someplace like Seattle, or San Francisco and where I live, in North Dakota are stark.
Grand Per Month @ Grand Per Month writes Make a Grand Per Month with Your Head Under the Hood – If you are handy when it comes to cars and you do all of your own maintenance and repairs, I bet you could earn a pretty hefty side income of at least a grand per month.
Matt @ Living in Financial Excellence writes Apparently I Don’t Borrow Enough – One day after applying for our mortgage, I got a courtesy letter from the bank – the letter was simply informing us that the bank had reviewed our credit history and that everything was ok. Our credit score (which I’ve never really worried much about) was in the mid 700′s. That meant we qualified for the best mortgage rate the bank had to offer. But then the letter got funny. It proceeded to tell me that there were some things I could do to improve my score.
Everything Finance @ Everything Finance Blog writes The 10 Commandments of Money: Surviving and Thriving in the New Economy – In The 10 Commandments of Money, Weston compares the old school rules of money management with the bubble economy rules. Then, she gives new rules to help you thrive in our new economic situation.
Investor Junkie @ Investor Junkie writes What Is Behavioral Finance? – Behavioral finance is all about trying to understand biases in human behavior when it comes to money. By extension, the personal decisions that people make about money can be extended to influence the economy.
Melissa @ Bargaineering writes 6 Ways to Become More Popular and Increase Your Salary – While it may be too late for us adults to reverse our social standing in high school, there are still things we can do now to improve our social standing as well as our connections, which could help increase our income. Consider the following:
CF @ The Outlier Model writes Paying off $27,000 in student loans – My plan for paying off my debt in full in the next two years!
J.P. @ Novel Investor writes To The Fiscal Cliff…And Beyond – This fiscal cliff, as it stands, leaves a big question mark on our economic future. The concern going forward lies with the possible effects of expiring tax cuts.
FMF @ Free Money Finance writes Our Trip to DC (And a Few Ways to Save) – From October 12 to October 17 our family took a trip to Washington, DC. I thought I’d share with you what we did, the financial impact of the trip, and a few savings tips we picked up along the way.
Emily @ PT Money Personal Finance writes My IncomeatHome.com Experience: Solid Plan or Total Scam? – IncomeatHome.com is endorsed by a few celebrities, but is it all it claims to be or simply a multi-level marketing scheme?
Emily @ Evolving Personal Finance writes The Great Debate: 15-Year vs. 30-Year Mortgages – I lay out all the figures that show that a 30-year mortgage has an advantage over a 15-year mortgage in terms of net worth outcomes and then list all the mitigating factors that make those numbers less relevant. Which do you prefer, numbers or psychology?
The PoPs @ Planting Our Pennies writes Income Inequality In Relationships – The PoPs discuss how they’ve felt at different times in their relationships when they’ve earned very different salaries and how it affected the relationship dynamic.
Glen Craig @ Free From Broke writes Are You Ready to Fall Off the Fiscal Cliff? What You Need to Know if the Bush Tax Cuts Expire – The fiscal cliff is coming, the fiscal cliff is coming! Is the so called tax cliff the impending doom many think it is? See what the fiscal tax cliff is all about.
Glen @ Credit Card Smarts writes Debt Snowflaking: Using Small Amounts to Reduce Your Debt Faster – Debt snowflaking can help you reduce your debt with small amounts over time. For many this is a great way to be debt-free, especially credit card debt.
Nelson @ Financial Uproar writes Your Time Is Not Worth More Than Money – You’re supposed to outsource everything that you can while freeing up your time for actual work, right? Sorry, it’s not quite that simple.
Thanks for stopping by this week! Please be sure to check out next week’s carnival at Earth and Money!