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Mar

26

Money Hacks Carnival #5 - Haute Couture Edition





Welcome to the 5th Money Hacks Carnival! We’ve had some awesome submissions this week which I am excited to present to you. This is the first carnival that I’ve hosted, so be gentle! I’m so pleased to present the Money Hacks Carnival #5 - Fashion Edition.

If there’s one thing that I completely love and don’t allow myself to embrace fully, it’s fashion. I am totally in love with haute couture. Some people think that fashion is totally over the top, others consider it an art and full of expression. I find myself in the middle. And since I can’t actually buy any of the amazing stuff out there, I will live vicariously through carnivals… ehm. We’ll explore some opinions on fashion along the way.

On to the carnival!

Editor’s Picks

“Fashions fade, style is eternal.” - Yves Saint Laurent

Yves Saint LaurentPaidTwice wrote about how her perspective has changed regarding the media and advertisements since increasing her own financial awareness in Critical Thinking and the Media - Awareness Brings a New Eye. I’ve written about this as well and feel so strongly when I fid someone else shares my viewpoint.

Financial Learn wrote My Dad - Frugal, Generous and My Hero, which is a beautiful testiment to how great financial parenting can lean a young individual to incredible prosperity. I love this story! I wish I had learned such valuable lessons before going into debt and find this story very inspiring.

Foxie at Dreaming of Ferreris wrote about defining enough for herself as she’s reading through Your Money or Your Life. I think we need to all look at this perspective and think about what’s enough for us :)
Free From Broke wrote about why getting a large tax refund is bad. Oh, I so agree! I am so happy that this has been written :) It’s right along with my personal values and I really enjoyed the post. It’s YOUR money!

Dorian at The Personal Financier wrote a wonderful post with seven tips for buying a new home, entitled How To Make Sure This Is Your Dream Home. As Sean continues to look for a house to buy, these kinds of posts become more and more dear to my heart - and this lists a bunch of helpful info along the way.

Career

“Fashion is only the attempt to realize art in living forms and social intercourse.” - Sr. Francis Bacon

Satoshi SaikusaCassie at Conscious Flex wrote a great long post about How to Find Your Passion and Make It Your Career - a worthwhile read.

  

  

  

  

  

  

Debt and Credit

“Fashion condemns us to many follies; the greatest is to make ourselves its slave” - Napoleon Bonaparte

Fashion RebelRC at Think Your Way to Wealth wrote a wonderful post about money mistakes he’s made that we should avoid. Well said!

Amy at My Daily Dollars wrote A Tale of Two Budgets - a great look at her budgeting strategies before and after moving, and how she’s following Dave Ramsey’s steps now. This is great :)
For those who want to earn rebates, Ask Mr. Credit Card wrote a detailed review of the Citi Dividend Platinum Select credit card.

At Money Blue Book, Raymond compiled an extensive list of all the 0% interest credit cards available right now. If you’re looking for a card, this is the place to go.

At Save an Conquer, Bryce gave us a brief post on whether a season pass is worth the cost.

Economy

“Fashion is something barbarous, for it produces innovation without reason and imitation without benefit.” - George Santayana

Daily Money Tips presented a fantastic summary of what the fed cuts mean for everything from savings to loans to long-term investing in the post Good or Bad: The Federal Reserve Rate Cuts Will Impact You.

Seb at Pinching Copper (clever name!) also wrote in detail about what the federal rate cut means to you and me in What the Fed’s Interest Rate Cut Really Means.

BeThisWay wrote about the rising cost of food in Time To Increase the Grocery Budget. Or Eat A Lot Less.

Lisa at Greener Pastures: Personal Finance wrote about the “recession” and how the slowed economy has affected her thus far in Recession R Us. I personally do not believe we’re in a recession, nor that we’ll be in one, but a simple economic slow down still can show us these money issues in play.

Income

“The only rule is don’t be boring and dress cute wherever you go. Life is too short to blend in.” - Paris Hilton

Dior ColorIn a brilliant post called Financial Security: How you feel it? KCLau wrote about what “financial security” means and how it has a different interpretation for each of us. He then goes on in detail about how to increase or protect finances so that you can become financially secure. There is a wealth of information here!

Pete at Bible Money Matters wrote a brief summary of how to go about getting your unclaimed tax refunds dating back to 2004 if you haven’t got them already in Do You Have A Tax Refund Waiting For You?

My Super-Charged Life listed 50+ Resources to Legitimatly Raise Your Income (with links for all, too).

Ted at Campus Grotto wrote about his opinion on students working in college, and gives some advice for students who are working or are considering working while going to school in Working While In College.

Investing

“Fashion is architecture: it is a matter of proportions.” - Coco Chanel

Chanel Spring 2007Marcus went into detail about Return on Equity and how it can be used to uncover stocks which have top quality businesses behind them at Stock Market Investing for Beginners. This blog is chock-full of great information.

The Digerati Life wrote about the two different kinds of investors/investing - and gave us a fun look at the different approaches - in Stock Market Technical Analyses vs Fundamental Analysis, In Pictures.

Dividend Growth Investor wrote about the dividends from investing with 3M Corporation and subsidiaries.

Ryan at Millionaire Money Habits wrote about how investing in Google because of hype was his Biggest Financial Mistake. I think we can all learn from this story!

Frank wrote all about index funds in the post Buy an S&P 500 Index Fund with Low Costs.

If you want to be a “shark investor,” you may find The Shark Investor’s Ten Timeless Shark Investment Principles useful.

Saving Money

“Art produces ugly things which frequently become beautiful with time. Fashion, on the other hand, produces beautiful things which always become ugly with time.” - Jean Cocteau

Dieel 70s ImitationMike at Richer By The Day wrote about Why Cash is Still Relevant to Your Financial Plan - outlining why even with high-paying jobs and loads of stability, an emergency fund is something to consider having, and why cash is important. Great post.

Can I Get Rich On A Salary wrote about how they control their expenses without a budget. This is a great post - it sounds a lot like my budgeting… which means not much effort into budgeting and a lot more effort in diligence.

Prime Time Money wrote an awesome post all about the $1 DVD rental machines - if you want to save money on rentals, check this post out!

Pinyo at Moolanomy reviews the online savings option called SmartyPig in SmartyPig Teaches Your Children About Saving For Financial Goals. This is a great review that weighs all the pros and cons of the system - I’d never heard of the website before and am glad to have read this :)
My Dollar plan provided a great review of Upromise Rewards.

Dollar Frugal wrote a short post on how to bounce back onto budget after a vacation and how to keep the whole family on board with you in Trips, Trips, Trips!

Penelope wrote a wonderful post about the etymology of the word “frugal” and how it used to mean a lot of great things - though now the word is associated with words like “tightwad” - in the post Frugality is a Virtue. Have a look!

Tax

“Fashion is a form of ugliness so intolerable that we have to alter it every six months.” - Oscar Wilde

Anna Sui 30s and 70sMoney Hacks described the ins and outs of deducting your PMI on your taxes in Private Mortgage Insurance Tax Deductability.

  

  

  

  

  

Other

“Only men who are not interested in women are interested in women’s clothes. Men who like women never notice what they wear.” - Anatole France

Carl LagerfeldAt Less Than A Shoestring there’s a great post about how to travel within little means. This time, the author traveled to Malta and bared the budget for the trip. The whole trip cost only 50 euros and the author wrote about how having a “no budget” plan can keep you from spending hardly anything.

FinanceGirl at Finance Gets Personal asked us Why Does Dave Ramsey Push Identity-Theft Insurance? I’ve left my opinion in the comments… I encourage you to do the same.

Dax wrote a detailed post on his experience buying foreclosure properties, including a guide to successful foreclosure buying. It’s a great post if you’re looking to buy a foreclosed home!

My Simple Trading System told us his reasons for jumping from website to website when selling his book. Small business owners should read why traffic isn’t the only thing to look for when choosing between websites for your online business.

Sound Money Matters explained the reason they prefer the Yodlee finance software package in Free Money Management Software: Yodlee Review.

Steve Oliphant’s Musings has an article on how to use PayPal to accept credit card payments on your website.

In Conclusion…

All in all, a great carnival! There are 39 submissions total and a great amount to read over - which should get you through to the next carnival by the Money Hackers Network! The sixth Money Hacks Carnival will be hosted at Bible Money Matters on April 2nd. If you’re a blogger, be sure to get your submissions in! Thanks for reading ;)

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Comments

13 Responses to “Money Hacks Carnival #5 - Haute Couture Edition”

  1. Lisa on March 26th, 2008 6:09 am

    Thanks for posting my article! (Especially, because you don’t agree with it.)

    Lisa

  2. Dividend growth investor on March 26th, 2008 6:31 am

    Good job on hosting the carnival! Thanks a lot for including my dividend analysis on 3M.

  3. Jeff@My Super-Charged Life on March 26th, 2008 6:37 am

    It looks like you have done a great job with the carnival! It has lots of great articles and some fabulous pictures. I like what you have done with it.

    Thanks for including my article!

  4. FFB on March 26th, 2008 7:15 am

    Was I actually an editor’s pick? Wow, thanks! And great job putting this all together. Nice quotes too. Thanks again!

  5. Finance Girl on March 26th, 2008 8:17 am

    Great job on the carnival! I think the fashion theme is tres appropros for spring.

    Thanks for including my post and for your comment on it. I’m curious to see what everyone thinks.

  6. Bryce on March 26th, 2008 8:20 am

    Thanks so much, Shanti, for including my post. The fashion theme is great, although I am not sure what “compliment” I would use if my wife were to wear the outfit that the model is wearing above my post. Probably something like, “You look maaaaavelous,” and then turn and run. :-)

  7. Pete on March 26th, 2008 8:55 am

    Thanks for the include - i can’t wait to host next week!

  8. shanti on March 26th, 2008 9:46 am

    @ Lisa - You’re welcome! I think it’s more important to have open discussion than wage war over PF conversations ;)
    @ FreeFromBroke - That’s the joy of a traveling carnival… with a different host each week, you never know what will get in the Editor’s Picks because each person prefers their own flavor of PF blog post. I’m glad you’re happy :)
    @ Bryce - But of course! Hahahahaaa! She’d say “dahling, you look gohrghous!” And then run. Yeah, actually, probably she’d run first and say nothing…

  9. BeThisWay on March 26th, 2008 1:17 pm

    Thanks for including my post. Love the fashion shots! Haute Couture is…interesting.

  10. RC@ThinkYourWayToWealth on March 28th, 2008 3:46 am

    Great Carnival! Looks really good. Thanks for including my post.

    RC

  11. GBlogger (Can I Get Rich On A Salary) on March 29th, 2008 10:38 am

    Shanti, thanks for the inclusion — and for all of the creativity and hard work on making the carnival such an enjoyable read!

  12. PT on March 30th, 2008 9:24 am

    Great timing of this theme with “the hills” returning. :) My wife makes me watch it.

    Thanks for including me.

  13. My Dollar Plan on April 6th, 2008 11:58 am

    Great job hosting your first carnival. Thanks for including me!

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