Carnival of Personal Finance 10/20
Posted on October 20th, 2008 in Financial Literacy, In the Blogosphere
The Carnival of Personal Finance for Oct. 20 was hosted by Budgets are Sexy. Here are some of the posts you’ll find on all things financial:
- Smart Money Daily presents 5 Lies that Keep You from Budgeting: “At some point you will have a tough time and you will suddenly need a safety net. A budget can give you that much needed net.” Now, if you budget, does that mean you no longer have to panic on how to cover the bills in case of a payday shortfall? Not necessarily; but, it does mean those situations will happen much less frequently.
- Free Money Finance presents Will a freezer save you money?: “We’ve thought about buying half a cow and will probably do so in the future.” Another thought – can you share such a purchase with someone else? My parents have been known to buy meat in the half or quarter-cow size, and they will sell packages by the pound to me and my siblings.
- Ready to be Rich presents How to make friends pay back they money they owe you: “You should only lend out money which you can afford to lose. So if you find yourself having a difficult time getting paid back, then you can just let go.” About a year ago, someone asked me for cash so she could pay her bills on time. The problem I could easily see happening is that if she didn’t pay me back as expected, what would happen to my bills? I told her I couldn’t do what she asked, but I could give her some gas money and a stack of grocery coupons and that might help her get through a small hurdle. We’re still on good terms, and no, she hasn’t asked me for money again.
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