Welcome to the 15th edition of the Carnival of Financial Camaraderie.  We are excited to host the first traveling edition of this great new Carnival started by the good folks at My University Money.

Stop by their Carnival Page to request a spot to host the carnival on your site this year.  You can submit your posts through the new Blog Carnival HQ form.

We would like to begin the carnival with an amazing roller coaster simulation of the last 35 years in the Vancouver real estate market.  Enjoy the ride:

How’s that for a scary carnival ride?  I really hope it ends well.

Now for the rest of the carnival:

Editor’s Picks

  1. Mr. Money presents Dress for Success: Business Attire for Less posted at Smart on Money, saying, “As a recently graduated college student on a budget, here is how I built my professional wardrobe.”
  2. A Blinkin presents How Does Facebook Make Money? posted at Funancials, saying, “Even if you’re not a friend of Facebook, you’re well aware of it’s dominance in the “social marketplace.” What you may not have realized however is just how profitable of a company it has become.”
  3. Lazy Man presents Robert Kiyosaki and Multi-Level Marketing Exposed! posted at Lazy Man and Money, saying, “I’d like to share some thoughts on the business of MLM and pair that with well-known personality Robert Kiyosaki, co-author of Rich Dad, Poor Dad.”


Marie presents Pros and Cons of Investing in Stocks Online posted at Money Spending Mommy, saying, “Trading online is cheaper and easier than dealing with a traditional brokerage, but it’s important to weigh the pros and cons before you begin.”

Ken Faulkenberry presents How Much of Your Investment Portfolio Can You Afford to Lose? posted at AAAMP Blog, saying, “A breakeven loss analysis chart demonstrates why you must control your investment losses.”

Barbara Friedberg presents Reader Question; Roth or 401K, Which to Max Out First? posted at Barbara Friedberg Personal Finance, saying, “Retirement investing is important. What to do if you can only afford to invest in a Roth or 401(K)? How to choose between the two?”

Dan presents Dogs of the Dow for 2012 – Will They Outperform Again? posted at High Yield Edge, saying, “The Dogs of the Dow investing method outperformed the Dow30 index by 12% last year. Will it repeat? Here are the 10 stocks you’d have to buy to participate.”

Marissa presents Women and Investing posted at Thirty Six Months, saying, “A look at the differences in numbers between men and women when it comes to investing.”

Sustainable PF presents Why the Facebook IPO May Never Happen posted at Sustainable Personal Finance, saying, “One of the hottest topics for 2012 is the possibility of an initial public offering or IPO for, arguably, the number one social networking site, Facebook.”

Kanwal Sarai presents What Are Dividends? Why Should You Care? posted at Simply Investing, saying, “Dividends aren’t just something rich people talk about, or a Community Chest card in Monopoly. They are the most consistent and easiest way to gain passive income as an investor.”

Financial Advice

Philip Taylor presents Improve Your Financial Life posted at PT Money Personal Finance, saying, “Days 1 through 6 in a month-long series on helping readers take small, actionable steps towards overall financial improvement.”

Mike Collins presents The Dark Side of Compounding Interest posted at Saving Money Today, saying, “Compounding interest is a powerful force that can help your money grow exponentially. But there is a dark side to compound interest that can keep you up at night.”

Kevin presents Book Review and Giveaway Part Two: Millionaire Teacher The Nine Rules of Wealth You Should Have Learned in School posted at Invest It Wisely, saying, “Welcome to part 2 of my review of “Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School“!”

SavingMentor presents Shopping Online is Safe, Easy and Saves Money posted at HowToSaveMoney.ca, saying, “Your chances of getting a great deal when shopping online are much higher because comparison shopping and price checks are so quick and easy to do.”

Dannielle Brathwaite presents How To Overcome Hard Times posted at Odd Cents, “If you’re going through a rough patch whether financial or otherwise, these tips are sure to give you some hope.”

Miss T. presents How to Make Millions with Passive Income posted at Prairie Eco Thrifter, saying, “Passive income is actually very difficult to create. It takes a well-thought-out business plan, it takes hard work initially with no guarantee of success.”

Kay Lynn presents Make 2012 Your Best Year Ever posted at Bucksome Boomer, saying, “Even if you’ve already blown your New Year’s Resolution, don’t give up! I’m going to give you the tools to hit your goals and fulfill all of your dreams!”

Roshawn Watson presents 4 Reasons You Should Set Unrealistically High Goals posted at Watson Inc, saying, “Shouldn’t goals have a strong basis in reality? Here are 4 reasons you should set unrealistically high financial goals.”

Suba presents Setting SMART Goals posted at Broke Professionals, saying, “SMART goals are specific, measurable, attainable, realistic, and timely. SMART goals sets you up to have targets to achieve and ways to measure progress.”


Bob presents 15 Ways To Cut Your Expenses posted at Christian Personal Finance, saying, “These are the 15 ways that I have used to cut expenses in order that I could save money to pay off my debts.”

Steve Zussino presents Guide to cancelling your Rogers cell phone service posted at Canadian Personal Finance, saying, “Tricks to look out for when cancelling your Rogers cell phone bill. How to avoid paying extra fees when cancelling your invoice.”

Lina Zussino presents Should you buy a new or used car seat? posted at Baby Alerts Canada, saying, “Should I invest in a new car seat or is a second hand seat okay? If you’re asking this question, use this as a guide to help make your decision.”

Big Cajun Man presents Financial Resolution Lifespans posted at THE Canadian Personal Finance Site, saying, “Most New Year’s resolutions are already mutilated on the living room floor, however, here is a view on the average lifespan of these interesting concepts for the new year.”

Mike presents Petro Points Reward Program Review posted at Rewards Cards Canada, saying, “While I do believe in shopping at a preferred location to take advantage of reward programs, the Petro Points Reward Program is not the best value for your money spent.”

Pam Whitlock presents Gift Card Management for Kids and Teens posted at The MoneyTrail Blog, saying, “Kids and teens are getting more and more gift cards these days. They need to view them as financial assets instead of “free” shopping trips. We take a look at common difficulties with gift card management and solutions for kids and parents.”

Mr. Harvey presents Expense Tracking Spreadsheet posted at My University Money, saying, “If you are considering tracking your expenses in the new year to gain a better understanding of where your money goes, or you want to abandon your pen and paper methods, I believe this tracker can help you.”

Janet presents Start 2012 Off Right: How to Make a Spending Plan posted at Credit, Eh, saying, “A spending plan helps you direct your financial resources, providing you with a road map that (hopefully) reflect your priorities and goals.”

Justin presents Monthly Financial To Do List: 1 of 12 posted at Money Is the Root, saying, “I will be running this series throughout 2012, and each list will provide you with an article on financial maintenance tips relevant to that month.”


Linsey presents URGENT: SOPA Will Kill Your Mom Blog and WAHM Business posted at 1099 Mom, saying, “The danger of SOPA is far worse than anyone expected, and this is why bloggers and those in the online media are fighting so hard against it.”

Evan presents Analyzing the Perception of the “1 Percent” posted at My Journey to Millions, saying, “One of the reasons we are having Occupy Wall Street protests and backlash towards the “1 percent” is because the public doesn’t understand what it is like to have money.”

Daniel presents Free ATMs Are Coming! Will You Leave Your Big Bank Now? posted at Sweating the Big Stuff, saying, “These ATMs won’t charge you any fees (but your bank may charge you for using an out-of-network ATM) but in return you can simply watch a commercial.”


Penny presents Career Fairs Part (III) posted at Penny Pinching Professional, saying, “Find out how to make a great impression on recruiters and move yourself to the top of their candidate list. A good job is the first step toward great finances!”


Glen Craig presents The Best 0% Balance Transfer Credit Cards posted at Free From Broke , saying, “Pay off your credit card debt faster with the a 0% balance transfer credit card. Here are the best 0% balance transfer credit cards that will help you pay down your principal.”

Corey presents What to Do When You Are Behind in Debt? posted at 20s Finances, saying, “This article explains what to do when you get overwhelmed by your debt. If you fall behind, is it best to give up?”

Jon the Saver presents Person to Person Lending Guide posted at Free Money Wisdom, saying, “So, what if you get stiff armed by a bank? What do you do? Where do you go? Well, this is where person to person lending comes in, also known as peer to peer lending.”

Julie presents The Power of Using the Snowflake Method to Pay Off Debt posted at The Family CEO, saying, “Read how a user uses the power of the Snowflake Method to pay off debt.”

Investor Junkie presents What Makes Debt Socially Acceptable? posted at Investor Junkie, saying, “The debate about debt revolves around whether debt is “good” or “bad” — or whether debt is just debt, and can’t be classified in positive or negative terms. What the debate really comes down to, though, is whether or not the debt is socially acceptable.”

Ashley presents How Loans Work posted at Money Talks Coaching, saying, “You do pay the bulk of the total interest in the early part of the loan because that is when the balance is the largest. As the balance goes down you are charged less and less interest per month.”

Andy presents Credit Cards and Retirement Planning posted at My Retirement Blog, saying, “If you’re struggling to decide whether to contribute funds to your retirement or pay down your credit card debt, I have some advice.”

YFS presents A 6 step plan to dominate your debt posted at Your Finances Simplified, saying, “Instead of sitting on your butt and staring off into space yet again, you may want to try a really simple debt repayment strategy!”

Mike presents Blue Cash Preferred Credit Card from American Express Review posted at Rewards Cards USA, saying, “The Blue Cash Preferred Credit Card from American Express is arguably the best cash back rewards credit card on the market.”

Forest presents Graduate College With Zero Debt posted at Frugal Zeitgeist, saying, “Let’s take a peak at some main areas that you will have to work extremely hard on to get through college with no debt.”


Peter presents Greed Pushed a Neighbor to Commit Insurance Fraud and Then suicide posted at Bible Money Matters, saying, “Greed can lead you to do all sorts of things that you shouldn’t, and lead you into “ruin and destruction”. So be wary of what you’re putting first in your life and what is becoming most important.”

Kyle presents How I Made $25 by Starting My Taxes posted at The Penny Hoarder, saying, “somehow I found the motivation to get a jump on my taxes over the Christmas vacation. I organized my deductions, scanned receipts and I even uploaded my Quicken data to TurboTax!. Read how I made $25 by starting my taxes.”

Hank presents Eight Ways To Save Money On Car Repairs posted at Money Q&A, saying, “Even if you are not knowledgeable about taking your car to the mechanic, there are several ways that you can save money on car repairs.”

Eddie presents From Homeless To Successful – The Story Of One Entrepreneur posted at Finance Fox, saying, “Despite tough obstacles we encounter in life, we must keep pushing forward. Resources exist for taking and making something out of ourselves. Whatever your life goal or dream, remember, it’s never too late to get started.”

Kevin presents Cash in on Unwanted Gift Cards posted at Thousandaire, saying, “A gift card is an easy way to get someone a Christmas present. You don’t know the person well enough to know exactly what they would want, but you think you know them well enough to at least pick a store they would like. Sometimes you’re wrong, here’s how to cash in on them!”

101 Centavos presents Kitchen Gardening, the Accidental Side Gig posted at 101 Centavos, saying, “It’s wintertime, it’s bloody cold in most parts of the country a balmy, uncharacteristic 61 deg F yesterday here in Tulsa. Read how I created my accidental side gig with kitchen gardening.”

KT presents Consider Making New Year’s Goals, Not Resolutions posted at Personal Finance Journey, saying, “New Year’s Day and New Year’s resolutions go hand and hand. Americans, tired of all of the overindulgence of the holidays and their bad habits, resolve to change their lives. Check out a different spin this new year!”

Shaun presents New Taxes on Health Insurance Premiums in 2012 and Five Ways to Save on Health Care Expenses posted at Smart Family Finance, saying, “The government is levying new taxes on health insurance premiums in 2012. While your health care plan costs will increase, there are ways to lower your bill.”

PKamp3 presents Uncle Sam the CEO: Visualization of IRS Revenues Collected 1960-2010 posted at Don’t Quit Your Day Job, saying, “Graduating from college? Then you’ll appreciate this great graph of the real world, at least in the United States. In this post is a graph of taxes collected by the IRS since 1960 in 5 year intervals, and broken down by the category of taxation.”

That’s it for this week’s edition of the Carnival of Financial Camaraderie.  Next week, the carnival returns to My University Money.

Enjoy your weekend!

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