Running a weekly carnival is a double edged sword. On the one hand, it is a great way to read up on and get to know some very good bloggers. On the other hand, it is a time consuming way to read some pretty horrible stuff. As someone who has spent too long writing about credit cards and credit cards alone, I've really come to appreciate the writing of a number of personal finance bloggers who seamlessly navigate from topic to topic. A few weeks ago, I wrote about Phil Taylor in the Prime Time Edition of the Best of Credit Cards and Saving Money. This week, I want to cover another blogger I enjoy reading, Ryan from CashMoneyLife.
One of my favorite articles on Cash Money Life is about how to avoid lifestyle inflation. The article has some good tips that got me thinking, but what I like most about it is that it led me to another article of Ryan's that really resonated with me. It's called Quality of Life is More Important than Money. I've probably been told something along these lines a dozen times before, but the idea never really meant anything to me, as I tended to associate more money with a better quality of life.
After reading Ryan's article, however, I understood this concept for the first time. That, I believe, is the mark of a great writer, as he was able to present an idea I'd heard before in a way that impacted my thinking. So hat's off to Ryan this week. And without further ado, here are this week's selected articles:
Best Of Credit Cards
Michael presents The Dangers of No Pre Set Spending Limit Credit Cards posted at Doughroller, saying, "You might think having an infinite amount of money to spend is awesome, but think again” .
Janet presents Differences Between MasterCard and Visa posted at Credit Cards Canada.
Tim Chen presents Finally, a Card With a 0% Balance Transfer APR & No Transfer Fee posted at NerdWallet Blog – Credit Card Watch, saying, "When it comes to balance transfer credit cards, you usually can’t have your cake and eat it too. But Discover has now come awfully close."
Mike presents Citi Dividend Platinum Select Card $100 Cash Back posted at Consumerism Commentary, saying, "“A new year means new 5% cash back categories on the Citi Dividend Platinum Select Card and $100 Cash Back for new applicants."
Silicon Valley Blogger presents American Express Delta Credit Cards For Flight & Miles Rewards posted at The Digerati Life.
Best of Finance
Ryan @ CML presents Gambling on Death – Life Settlements and Viaticals posted at Cash Money Life, saying, "Life settlements and viaticals are a way for terminal patients and elderly individuals to sell their life insurance policies for cash – a potential benefit to them and investors. But there is a lot more to these types of investments than meets the eye."
Albert Tribble presents How to Eat Your Cake and Have it Too – Make the Best Possible Use of Credit Cards posted at Masters in Finance, saying, "Those who are financially savvy know that credit cards are the best way to build up good credit history, just as they also know that they’re also the fastest way to screw up a good credit history."
Leave Debt Behind.com presents Borrowing Against Your House: Pros and Cons posted at Leave Debt Behind.
Best of Personal Finance
Pinyo presents 2010 Tax Tables: IRS Federal Income Tax Rates and Tax Brackets posted at Moolanomy, saying, "The tax season is upon us. To help you better understand how federal tax works, this article provides information about tax rates and brackets, as well as shows you how to calculate your tax liability."
Rich D presents Cash Flow Notes posted at Stock Tips, saying, "Cash flow notes are similar to an IOU for debts that can either be purchased or sold. Get some investment tips if you wish to have smooth transactions with potential note buyers."
Charles Chua C K presents Money Matters to Avoid posted at All About Living with Life.
Khaleef @ KNS Financial presents Flexible Spending Account Deadlines: Use it or Lose it! posted at Faithful With A Few, saying, "Flexible Spending Account Deadlines are fast approaching. Find out what this means for your money, and you can avoid forfeiting your cash!"
Darwin presents States Overstepping Boundaries – And Taking Your Gift Cards? WTF! posted at Darwin's Money, saying, "Imagine if you found a gift card in your desk from 2 years ago that still had value on it – only to find out that the state now owns it! Incredibly, this is just what one state is proposing in court to boost tax revenues."
Miranda presents Entrepreneur Checklist: Start the Year Out Right posted at Personal Dividends – Money+Lifestyle.
PT presents W-4 Form Explained: How to Fill Out a W-4 Form posted at Prime Time Money, saying, "Change your tax withholding by adjusting your allowances on the Form W-4."
Jane Sanders presents Debt Elimination Mind Map posted at Debt Management.
Kyle Taylor presents Make Money Attending Movie Premieres posted at The Penny Hoarder.
Best of Saving Money
David de Souza presents 3 New Year’s Tax Resolutions You Should Make posted at UK Tax Blog, saying, "Guide to three easy New Year's Resolutions you can make in 2011 in order to pay less tax"
Buck Weber presents Saving in 2011 posted at THE BUCK LIST, saying, "Here are ten simple things to do to start 2011 off right and get that penny-saving mind in high gear!"
Mr. Cents presents An Eye on Your Credit posted at Personal Cents.
MoneyThinking presents Financial Tips for Renters posted at Money Thinking.
And that's all there is this week. Tune in next week for the most exciting compilation of personal finance articles in the history of carnivals – or maybe just the usual roundup of bloggers I like.