10 Feb 09 Financial Crisis Carnival 02

Welcome to the February 4, 2009 edition of financial crisis.

Shaun Connell presents How to Write a Financial Plan posted at Financial Planning, saying, “Personal finance is essential, but without a coherent
financial plan to unite all of the tips and strategies, your chances
of success are minimal. Learn how to write your own financial plan!”

KCLau presents Redefine Retirement: Lifestyle Design of the New Rich posted at KCLau’s Money Tips, saying, “About retirement, mini-retirement versus deferred retirement, income relativity and how to earn the income you want in the shortest time.”

David presents Budgeting vs. Allocating Funds: There’s A Difference posted at Personal Finance Ology, saying, “The difference between budgeting and allocating your money is not a trivial one, but is often overlooked. It is prudent to both budget and allocate your discretionary funds so that you can stretch you dollars further!”

Praveen presents Three Financial Suicides posted at My Simple Trading System.

Debt Freedom Fighter presents Achieve Debt Elimination in Five Simple Steps posted at Discover Debt Freedom!.

CreditCardAssist.com presents Don’t Start Living off Your Credit Cards posted at Credit Cards Blog | CreditCardAssist.com.

apply4-credit presents 4 Things a Credit Card Can’t Do posted at Credit Card Applications Expert | Apply4-Credit.com.

Destroy Debt presents Debt Got You Down? Turn That Frown Around posted at Debbie’s Debt Advice.

Debt Free Destiny presents 10 Excellent Reasons You Need to be Debt Free Today posted at Debt Free Destiny.

Shaun Connell presents Inflation: How to Beat it with Smart Financial Planning posted at 20 SomethingFinance.com, saying, “Got a high-interest savings account or investments? You’re still probably going to lose money over the long run. Inflation is currently the federal government’s policy… and if you don’t take the right financial planning steps, you could be letting your savings nickel and dime away.”

Will Edwards presents Financial Management posted at ITIL V3 Talk, saying, “Good Financial Management allows a service operation to measure, and quantify, both effectiveness and efficiency in financial terms”

kathryn presents Basic Ideas for Balancing a Budget posted at Out of Debt Christian, saying, “Finances are one of the most difficult challenges that many of us face during our lives. It is no surprise (or maybe I should say it SHOULDN’T be a surprise) that the challenges double when we get married.”

kenny presents Are we in a recession? posted at Zelativity.

KCLau presents Best of KCLau’s Money Tips 2008 posted at KCLau’s Money Tips, saying, “A run down of the best KCLau’s Money Tips 2008″

Michael Haltman presents The Financial Crisis: Losing Your Job and Money May Not Be The Only Casualty [del.icio.us] posted at The Political and Financial Markets Commentator, saying, “”One mother in TriBeCa, who is married, at least for now, to a Wall Street executive, put it rather bluntly: “My job was to run the household and the children’s lives,” she said. “His job is to provide us with a nice lifestyle.” But his bonus has disappeared, and his annual pay has dropped to $150,000 from $800,000 a year. “Let me just say this,” she said, “I’m still doing my job.””

Tushar Mathur presents Are You Doing The Most Important Thing to Get Rich posted at Everything Finance, saying, “Creating wealth is a long process, but it begins with one easy step. Before paying any bills, write yourself a check for as little as $25. If you do only one thing, this is more likely to make you wealthy than anything else. Paying yourself first is popular advice because it’s the most important step to becoming financially independent.”

Shaun Connell presents Payday Loans SUCK… But Should We Ban Them? posted at Short-Term Loans, saying, “These short-term loans target “suckers” and are disgustingly stupid to get. But some suggest the government should step in. Do you agree? I think it’s a horrible idea.”

Debt Freedom Fighter presents Why Reading a Credit Card Review is Important posted at Discover Debt Freedom!.

CreditCardAssist.com presents Don?t Take Your Credit to the Max posted at Credit Cards Blog | CreditCardAssist.com.

apply4-credit presents And the Credit Fraud Continues posted at Credit Card Applications Expert | Apply4-Credit.com.

Debt Free Dave presents Circuit City Closing, Who’s Next? posted at Debt Free Earth, saying, “Yesterday came the announcement that surprised few: after being unable to find a buyer, Circuit City asked a bankruptcy judge to allow them to close their remaining 567 stores. They had already closed 155 stores in the past 2 months while attempting to find a buyer.”

kathryn presents Be a Better Bargainer posted at Out of Debt Christian, saying, “A 2007 Consumer Reports survey discovered that 61 percent of those polled had tried to get a bargain by haggling and more than 90 percent of them succeeded.”

Michael Haltman presents Hail To The New Chief posted at The Political and Financial Markets Commentator, saying, “I am a Republican while many among us are Democrats or non-political. I follow the world and the goings on while some among us could care less. I voted for McCain while many other voted for Obama or did not vote at all. What does it all mean?”

KCLau presents Procrastinator, plucker, plotter, and prober posted at KCLau’s Money Tips, saying, “Recently I was reading the book titled “The Number: What do you need for the rest of your life and what will it cost?” A rundown on what the book has to offer”

Praveen presents Tribune Bankruptcy Restructuring: Company Wants To Stay Together posted at My Simple Trading System, saying, “The financial crisis caused the Tribune to file for bankruptcy. Now, they are taking advantage of the loose lending restrictions the banks had given them to try and keep their ESOP S-corp structure to avoid taxes…”

Shaun Connell presents The Case for Financial Security posted at Financial Planning, saying, “Times are different since the age of knights, kings and castles. Things have changed — both for the better and for the worse. In terms of financial planning, many seem to have forgotten the old adage: “A man’s home is his castle.””

Debt Freedom Fighter presents The Benefits of a Credit Card Consolidation Loan posted at Discover Debt Freedom!.

Savings Toolbox presents 5 Tips for Starting Your Savings posted at Savings Toolbox.

Debt Free Destiny presents 5 Ways to Save With Your Bank posted at Debt Free Destiny.

CreditCardAssist.com presents Don’t Treat Your Credit Card Limit as Income posted at Credit Card Assist.

apply4-credit presents Is a No Limit Credit Card a Good Idea? posted at Apply4-Credit.

Deposit Accounts presents Money Management During a Recession posted at Deposit Accounts.

kathryn presents Making Due posted at Out of Debt Christian, saying, “There are times when what you want is just not something that you can get. Any one that has every had a dorm room can completely relate to that concept. It is times like these that require you to think a little outside of the box so that you can use what you have until you can get what you want.”

Britannica Blog presents The U.S. Economy Is Bad, but the 1980’s Were Worse posted at Britannica Blog, saying, “Some of the other key differences between the U.S. today and the early 1980s”

Dave presents Banks’ Loan Losses Could Reach $2 Trillion posted at Cheapo Groovo.

Ralph Jean-Paul presents How To Make Important Decisions Quickly posted at Potential 2 Success, saying, “Quick decision making is critical in just about every aspect of life. Every decision you make produces a result. In every line of business, quick decision making is crucial for success.”

Michael Haltman presents Taliban Continued With An Iranian Spin posted at The Political and Financial Markets Commentator, saying, “Americans have notoriously short memories, and after all 9/11 is almost 8 years removed and we have not had any repeat performances, due in large part to the actions of the Bush administration. That in no way means that we are out of the woods. Far from it.”

Madeleine Begun Kane presents No Quid? No Quo! posted at Mad Kane’s Political Madness.

Debt Freedom Fighter presents What is a Personal Loan? posted at Discover Debt Freedom!.

CreditCardAssist.com presents Consumer Fraud Alert: Watch Your Quarters posted at Credit Cards Blog | CreditCardAssist.com.

apply4-credit presents Managing a Credit Card for a Small Business posted at Credit Card Applications Expert | Apply4-Credit.com.

debt kid presents The #1 Reason You Can’t Get Out of Debt posted at DebtKid.

Shaun Connell presents Are You Making These Debt Mistakes? posted at Financial Planning, saying, “Every day, tens of thousands of individuals up to their necks in debt emotionally make the wrong decision. In pure desperation, they feel as though they can’t take another month of the debt. Throwing away their biggest ally (brutal rationality), they decide to “just do something.””

kathryn presents Surprising Ways to Make Extra Bucks posted at Out of Debt Christian, saying, “Poetry has never been my strong point – especially that kind that doesn’t even rhyme. It might surprise you to discover that some of those “poems” can be worth big bucks and that is just one way that your random thoughts can bring in the cash.”

The Future

Bill Spohnholtz presents Bailout Bazooka posted at Learn The Stock Market And How to Trade.

SJ presents Alternative Fuels - Are They Really The Boon Of The Future? posted at Save Money On Gas, saying, “With the recent gas crisis, the question of alternative fuels has become a hot topic”

Joseph Calhoun presents Still Blaming the Victims posted at Contrarian Musings.

The Budgeter presents Budgeting On An Unknown Income posted at Keep Your Cash, saying, “If you are a self-employed professional, you probably find it very difficult to calculate the accurate figure for your income.”

Mary@SimplyForties presents The End Of An Era? posted at SimplyForties, saying, “Are we nearing the end of the daily printed newspaper?”

Steven Lohrenz presents Prediction On Copywriters During The Financial Mess posted at Stephen Dean’s Copywriting And Internet Advertising Blog - Copywriter.

presents Customer Service is the Epicenter of the Universe posted at Internet Marketing | Information Marketing | Blog Marketing | Business Success.

Finance Tips 101 presents Credit Card Debt It Is Not Always Your Fault posted at Finance Tips 101.

One Family presents Employee Stock Purchase Plan (ESPP) and 401K Retirement Plan Annual Enrollment and Contribution Review posted at One Family’s Blog.

presents An Interview With Blogging Evangelist Anil Dash posted at Internet Marketing | Information Marketing | Blog Marketing | Business Success.

John Pilafas presents Amazing Times and Lots of Lies posted at DAILY PILAF, saying, “The Stimulus of Pork, a new bubble and getting angry at Democratic Congressmen”

Silicon Valley Blogger presents No 2009 Economic Stimulus Check? How Obama’s Stimulus Plan Affects The Middle Class posted at The Digerati Life, saying, “Thank you!”

Roshawn Watson presents Is There Any Room For Economic Optimism? posted at Watson Inc, saying, “Fixing our current economic woes is a top priority for many Americans, so the fact that US economic hardships is getting tons of media attention is not wholly unexpected. However, a recent sobering and fear-inducing article by Forbes columnist Tom Riper might have pushed the limits with respect to responsible reporting.”

ChristianPF presents Why you need to pay down your debts ASAP posted at Money in the Bible | Christian Personal Finance Blog, saying, “With the onset of the financial crisis it is even more important to pay down debts ASAP!”

Finance Tips 101 presents Drowning In Debt? Bad Credit Loans May Need To Be Considered! posted at Finance Tips 101.

Joshua Dorkin presents New Foreclosure Technique for 2009? posted at Real Estate Investing For Real, saying, “Here’s a fun post regarding the current housing crisis”

The Past

Adam Freedman presents Thoughts on 2008?s Economy and Stock Market posted at The Investor’s Journal.

Carnival of Financial Goals presents The 2008 Financial Crisis - Causes and Effects : Cash Money Life posted at Cash Money Life, saying, “The 2008 Financial Crisis - Causes and Effects”

The Present

Abigail Perry presents Are Americans really learning? posted at i pick up pennies, saying, “We’ve heard about the financial crisis’s arrival. Everyone’s cutting back. But malls are still packed. Are we seeing the beginnings of frugal burnout already? Are the sales luring people back in to consumerism? Or are people just picking and choosing deals?”

Money Grubbing Lawyer presents Don’t Save, Spend! (or so says the Globe and Mail) posted at Money Grubbing Lawyer, saying, “A commentary on a recent editorial in Canada’s largest newspaper.”

GrrlScientist presents Survival Skills 101: Frugal Living posted at Living the Scientific Life, saying, “We’re all having a hard time right now, so here are a few suggestions for surviving a financial crisis, such as un(der)employment or chronic poverty.”

Den Levin presents Why Credit Is So Important | Credit Makes The World Go Round posted at Credit Makes The World Go Round, saying, “Lack of credit affects everyone both directly and indirectly.”

Andrew Edgington presents “Investing In Real Estate” Tips posted at Best On-line Mortgages, saying, “Find out from the experts how you can make more than average profits from property investments and the secrets behind just how financial institutions will pay you huge lump sums in return.”

Roshawn Watson presents Thrift Paradox - Is Frugality Hurting Economy? posted at Watson Inc, saying, “Many “families hope their new found frugality will see them through the economic downturn. But this same thriftiness, embraced by families across the U.S., is also a major reason the downturn may not soon end”"

cfgoulart presents Sample Hardship Letter For Loan Modification Do It Yourself posted at Making Money Resources, saying, “Sample hardship letter to use for those looking to attempt a loan modification on their home loan.”

Finance Fanatic presents Crash Market Stocks - Financial Tips To Make Money In A Recession: Crash Market Stocks: An Introduction To This Site posted at Crash Market Stock - Stock Tips To Make Money During A Recession, saying, “Tips on how to make money during a financial crisis”

VC presents So what is the government doing to help? posted at The Penny Daily.

Mark Aucamp presents Mortgage rescue scheme helps houseowners facing repossession posted at Money Saving Tips, Consumer Finance, Expert, Advice and Help | Talk Money Blog.

Pinyo Bhulipongsanon presents Big Bath Accounting Fraud posted at Moolanomy.

NetBiz presents Free Home Budget Software For Beginners | Free Money Management Programs posted at Money Galaxy - Make Money | Save Money | Invest Money, saying, “The crisis is forcing us all to budget. It’s a good thing there are excellent free options to do so online”

Mr Credit Card presents How to Get Credit After Bankruptcy posted at Ask Mr Credit Card.

Save Money presents Save $1000 in 30 Days: My Take posted at How I Save Money.net.

Raily Arena presents Tips to Increase Your Chance of Selling Your Home posted at How to Sell Your Own Home.

Raily Arena presents Tips To Get You Started On Selling Your Home posted at How to Sell Your Own Home.

Christine presents Limited to 20 Euro ATM Withdraws in France from US Bank, Why? posted at Me, My Kid and Life: An American Single Mom Living in France.

Rajbir Dhaliwal presents Financial Freedom? Really? posted at Rajbir Dhaliwal, saying, “A blog post about the scams going on promising financial freedom.”

presents Can Blogging Kill You? posted at Internet Marketing | Information Marketing | Blog Marketing | Business Success.

presents Will Microblogging (Twitter) kill Blogging? posted at Internet Marketing | Information Marketing | Blog Marketing | Business Success.

Gavin R. Putland presents Aye, Barack Hussein Obama. Now finish those thoughts… posted at LVRG Blog.

presents In Search Of Sanat Mishra posted at Internet Marketing | Information Marketing | Blog Marketing | Business Success.

Investing School presents Zecco vs TradeKing Discount Brokerage Comparison Review posted at Investing School, saying, “Want to know whether Zecco or TradeKing is better? This is the comparison you need to read!”

Livingalmostlarge presents Book Review - Depression Economics posted at LivingAlmostLarge.

Chris presents Pawn Shops - Recession Proof? posted at financial reflections, saying, “Pawn shops are doing pretty well, thanks to a down economy. In fact, they are loaded with inventory, which may have a down side.”

FIRE Getters presents A Simple Budget That Works? posted at FIRE Finance.

Raymond presents Bearish Stock Market Net Worth Update posted at Money Blue Book.

Frank Curmudgeon presents How Much is $887 Billion, Really? posted at Bad Money Advice.

Dorian Wales presents Valuation and Risk Measurement Models under Heavy Criticism – What Went Wrong? posted at The Personal Financier, saying, “Are valuation and risk measurement models as the root of all evil?”

Ryan Suenaga presents Making a Difference One Expense at a Time posted at Uncommon Cents.

Marcus presents Foreign Currency Lending Makes Central European Families Insolvent posted at Emerging Forex.

Joe Manausa presents Tallahassee Foreclosure Report | Tallahassee Real Estate Blog posted at Tallahassee Real Estate Blog, saying, “There is plenty of news in the national media about foreclosures. From everything that I have read, I suspect for every 100 foreclosures that have and will hit the real estate market during our current housing crisis, we have only seen 2 or 3. The bulk of the foreclosures have yet to hit the market.”

That concludes this edition. Submit your blog article to the next edition of financial crisis using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

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