Personal Finance Week in Review – Spring Fever Edition
March 31, 2007
Spring has arrived; it is a beautiful day here in the Midwest. I’d rather be outside than typing away so we’ll keep this weekly review short and sweet.
Saving more than you spend and increasing your earnings power are two keys to building your net worth. Henry gives us a great visual with a venn diagram for getting rich.
I’m always looking to learn more about growing my net worth by investing so I’ve been tuning into a new mutual fund basics series over at the Sun’s Financial Diary. I think I’m due for a refresher on the basics of mutual fund investing.
The troubles in the subprime mortgage market are making the markets nervous. The Digerati Life talks about the dangers of subprime borrowing and Golbguru discusses how people have abused the subprime lending system.
Generation X Finance also talks about real estate this week. The Baby Boomers have been building equity in the homes for past 10 – 15 years but now that the market is down, who wants to buy their real estate?
There is a new budgeting tool on the horizon named Mint. The Lazy Man went on a tour of their offices and gives us a little insight into the upcoming budgeting tool. One feature of the new tool that piqued my interest was automatic categorization of your expenditures.
I was sad to see that “The Force” method of budgeting hasn’t been working for the Mighty Bargain Hunter so he’s switched to a new allowance approach. We’ve been using something akin to the force method and I don’t like to see its demise. We’ll probably be changing our budgeting means once we drop to a one income family.
Another bargain hunter, Pro Bargain Hunter, gives us some tips in the Art of Negotiating the Lowest Price.
Our Honda has crossed the 100k mark and will hopefully chug along for another 100,000 miles. If not, I’ll turn to the multi-part series on how to buy a new car for the price you want from My Two Dollars.
Below are some blog carnivals I’ve been involved in over the last week or two, check them out for lots of good money info:
- Festival of Frugality at Debt Hater
- Carnival of the Capitalists at Political Calculations
- Carnival of Sports at Breaking News Online
- Carnival of Personal Finance at Tired But Happy and Lazy Man
- Carnival of Taxes at Don’t Mess with Taxes
Okay, it wasn’t short but hopefully it was somewhat sweet. Have a great weekend.
All posts by Ben Edwards