The Wealth Builder Carnival #47

Welcome to the forty-seventh edition of The Wealth Builder Carnival. The purpose of this carnival is to collect articles from the blogosphere on building, preserving and keeping enough wealth for a comfortable retirement. For reference, I have tried to keep the carnival content tightly focused on wealth building and did not include submissions that were off topic. For reading convenience, the posts are listed with a brief summary or comment by the submitter and organized them into seven categories: Earning, Insuring and Protecting, Investing, Living Frugally, Retiring, Saving and Taxes.

And now onto the Carnival:

Earning

Kyle Taylor presents Does BP Oil Owe us $6,000? posted at The Penny Hoarder, saying, "I recently found out that I might be owed a ton of money from three different class action settlements. The experience made me realize that I should be on the lookout for others. Here's how I found them and submitted my claim form..."

JBY presents How to Become a Freelance Writer posted at Blogging Your Passion, saying, "A lot of people have been turning to freelance writing as a way to earn some extra income. This is a look at a few things you need to get started!"

Insuring and Protecting

My Journey presents Make Sure Your IRA Beneficiary Is Correct posted at My Journey to Millions, saying, "Two cases have shown that it is imperative to check your IRA beneficiary. Don't make the mistake these two men have!"

Matt presents Winning With Money Part 3: Self Insure Against Emergencies posted at Living In Financial Excellence, saying, "When you’ve built up a good emergency fund equal to 3-6 months of your household expenses,you’re effectively self-insuring against a variety of financial emergencies."

Investing

John Border presents How to buy gold in the stock market posted at Stock Market Basics, saying, "Gold is the best hedge against the shaky economy and easiest way to buy gold is via stock market."

Kevin presents Gold Versus Fiat and the Mother of All Bubbles posted at Invest It Wisely, saying, "If the government continues on its current path then times will get harder, however, humans are great at adapting, especially in response to pain. I believe that the outcome of the mother of all bubbles will be a healthier economic and monetary order."

Dividends4Life presents 13 Dividend Stocks With A Quick Payback posted at Dividend Growth Stocks, saying, "Payback is the amount of time needed for an investment to earn its cost, undiscounted. Once you earn back your investment, some might say you are in a no-lose situation. I wouldn’t go quite that far, but you have found an investment that that has provided you a good historical revenue stream, and hopefully it will continue to do so in the future."

Living Frugally

Jonathan from Debt Loans presents Which is Better – The Credit or the Debit Card? posted at Wallet Watcher, saying, "Much to-do is made about the benefits of one type of card or another. In fact, you would not be hard-pressed to find experts and consumers commonly contradicting which card is best – the credit or debit card."

Suba presents Frugality vs earning more : Which is better posted at Wealth Informatics, saying, "Frugality vs earning more, which is better for building wealth?"

Jason@LiveRealNow presents Money Problems: Day 12 – Paying for College by Doing Without posted at Live Real, Now, saying, "College isn’t for everybody.Read that again. Not everyone should go to college. Not everyone can thrive in college."

Jon Elder presents Credit Card Mistakes To Avoid at All Costs posted at Free Money Wisdom, saying, "Here are a few of the most common – and not to mention expensive – credit card blunders that are best avoided."

Jonathan Milligan presents Get Me Out of Debt! posted at Simple Life Habits, saying, "Here are 5 tips that you can use starting today to get out of debt."

Tim Fraticelli presents 3 Ways To Stretch The Life of Your Car posted at Faith and Finance, saying, "Your car is one of the largest purchases you'll make. Keep it running with these tips. One might just surprise you because it's a change to the standard rule of thumb for oil changes."

Roger, the Amateur Financier presents Frugal Friday – Automobiles posted at The Amateur Financier, saying, "A short guide to the best ways to keep your automobile in good shape, while minimizing its cost to you."

Retiring

David Leeman presents Cheapest Places to Retire Overseas - 7 Cheap Retirement Places posted at Financial Freedom Advantage, saying, "For frugal retirement living at its best, consider relocating to one of the cheapest places to retire. Here are seven cheap retirement places where you can live in financial freedom on an average retirement income."

DJ presents Retirement: Don’t Let Your Money Retire posted at The Family Wallet, saying, "If you have adequate retirement savings, you’ll only be using a portion of your money each year. There’s no reason that the rest of your money shouldn’t be earning a return for you."

Mike Piper presents Does It Still Make Sense to Max Out Your 401k? posted at The Oblivious Investor, saying, "In light of the recent craziness in the stock market, does it still make sense for people to max out their retirement accounts?"

Saving

Marie presents Set Up Automatic Money Transfers and Save posted at Money Spending Mommy, saying, "Saving money isn’t always easy. But when you make it automatic, there is less room for unnecessary spending."

John presents Money Market Accounts vs. Savings Accounts posted at Wallet Blog, saying, "Hey, I hope all is well! In my submission this week I examine what separates a money market account from a traditional savings account. After all, if we’re to make responsible banking decisions and effectively manage our money, we must understand the options available to us."

Taxes

Jessica Bird presents 3 Car Tax Rules You Should Follow posted at CarTaxBands.org, saying, "This article highlights three rules that you should follow if you want to avoid being fined or losing your car."

Robert Moore presents 2011 Tax Cautions Delivered By The Internal Revenue Service Concerning Fraudulent Tax Returns posted at 2011 Taxes, saying, "Scams are being reported where tax payers are encouraged to pay fees and provide identification to receive a tax credit that they missed during the tax season."

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

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This is not financial, earning, insuring, investing, living, retiring, saving, tax, or wealth building advice. Please consult a professional advisor.

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