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Tuesday, August 20, 2013

The Wealth Builder Carnival #138

Welcome to the one hundred thirty-eighth 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 into seven categories: Earning, Insuring and Protecting, Investing, Living Frugally, Retiring, Saving and Taxes.

For reference, multiple submissions from the same blog are included for this edition since this Carnival was not published the last two weeks. Normally, only one submission is allowed per blog.

And now on to the Carnival.


Earning


Martin Poldma presents How to Earn Money Through YouTube: 7 Steps posted at Success and Personal Development Blog, saying, "This blog post talks about how to make money in YouTube, in which thousands of people are currently earning a 6-figure income by making videos in there."

Bryan Chau presents Turning The Tide Around – Learning From P&G posted at Success Pen Pal, saying, "earning, business, success, innovation, growth, partnerships, tide, procter & gamble (P&G), transaction learning experiments, disruptive innovation, etc."


Insuring and Protecting


Gary presents Whole Life Insurance Quotes posted at Life Insurance Quotes - Instant Online Term, Whole, Universal Rates, saying, "What is whole life insurance? What is the cash value? Is it right for you? Is whole life a good investment? If so, how do you pick the death benefit amount, the life insurance company, and your coverage options? These are all questions you should be asking yourself before choosing a life insurance policy, whether it is term or permanent coverage, and these are all questions we help you answer."


Investing


Bill Smith presents Investing in Facebook after Sheryl Sandberg Sells Shares posted at FastSwings, saying, "For the past year one of the most highly anticipated and traded stocks has been Facebook Inc."

August Juvonen presents Ultimate guide to successful day trading posted at Forex News Trading, saying, "People will always strive to find new and fast ways to make money. In most instances they will just create another get quick rich scheme; in some cases they might discover some legitimate and real ways to increase one’s financial well being. Day trading could be placed in both categories, depending on who tries to promote it and then use it to make capital. In most cases day traders lose all of their money, but there definitely are some pros who consistently take cash from the market using reliable trading systems, good trading plan, very strict discipline and sound risk management."

Matt Becker presents With Investing, the Grass is Rarely Greener on the Other Side posted at Mom and Dad Money, saying, "Investing is such an important topic because it’s one of the best ways to ensure your family’s financial security and because there are so many misconceptions about how it should be done. There’s decades of evidence showing that the best investment strategies are actually incredibly simple, but still there are always people searching for something better. That search for the mythical magic bullet, the one that gets you great returns with minimal risk, is not only a waste of time but can be incredibly harmful to your ability to build wealth."


Living Frugally


Elizabeth Atwood presents 10 Tips For How To Save On Gas posted at rockabyeparents.com, saying, "Now days we're all feeling the pinch at the pump. Here are 10 tips that can help your gas budget get you even farther."

David presents 4 Great Inexpensive Dates Part #2 posted at Financial Nerd, saying, "Four great ways to spend time meeting someone new by not spending a lot of money."

Evan presents It is Amazing How Local Personal Finance Can Be posted at My Journey to Millions, saying, "Most people discuss personal finance rules in absolute terms. I hate it! I truly believe there are almost NO SET PERSONAL FINANCE RULES."

FI Pilgrim presents Build A Better Budget Part 1 – The Mindset posted at FI Journey, saying, "It pays dividends to think through the process of creating a budget before you get started. What's the purpose? What does it consist of?"

Holly presents Operation Frugality: Save Money by Eating Old Food posted at Club Thrifty, saying, "Do you want to save money by eating food that you already have? If so, please join OPERATION FRUGALITY: SAVE MONEY BY EATING OLD FOOD. It'll be awesome!"


Retiring


Fitz Villafuerte presents 6 Common Mistakes People Do When Planning For Their Retirement posted at Ready To Be Rich, saying, "Retirement is that "paradise" we reach to pat ourselves on the back for a job well done. But the question now is, will you reach that paradise? This post helps answer this question."

Jacob @ My Personal Finance Journey presents Issues With 401k Plans And How To Compensate For Them posted at My Personal Finance Journey, saying, "This post illustrates some of the issues that you should be aware of regarding 401k plans and how you can compensate for them."


Saving


Daniel presents Force Yourself To Save With A 100% Personal Tax posted at Sweating The Big Stuff, saying, "With income taxes, you pay the government for money you earn. But with a personal tax, you pay yourself for money you spend."

Barbara Friedberg presents HOW TO AFFORD EXOTIC TRAVEL posted at Barbara Friedberg Personal Finance, saying, "Build wealth, spend wisely, save aggressively and savor life. Machu Picchu, a vacation of a lifetime."

John Schmoll presents Can’t Keep Up? 5 Ways to Streamline Your Savings posted at Frugal Rules, saying, "There are various kinds of savers and it can be difficult to get started if saving money does not come naturally to you. By following some simple steps you can start saving in no time and start to build up a nest egg."


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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