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pfblogsround 20th January 2008

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This week I have mostly been reading:

  • sleeping with money: setting goals and dreaming big @ Queercents - if you don’t make your dreams happen then they won’t. And, what’s worse, your ex might end up more successful than you.
  • why you should keep your money in your 401(k) plan @ gather little by little - essentially it’s because you’d be a fool not to. Enough said.
  • dave ramsey gives bad college savings advice @ moolanomy - Dave, being good at giving advice on getting out of debt does not mean you know everything, as this post ably demonstrates.
  • paying for experiences instead of items @ i’ve paid for this twice already… - I’m a fan of the slogan “Experience is Everything” myself
  • 10 tips for first time apartment renters @ my two dollars - I know that I linked to this before, but it’s good. Go and read it again.
  • how do you know when it’s time to change jobs @ cash money life - Patrick is thinking about getting a new job. I’ve been with the same company for over 5 years now, and I’m never sure that’s a good thing. I should probably think about thinking about changing.
  • my wife has her own checking account @ rocket finance - in relationship finance, do what works. Done is always better than perfect.
  • how to prevent another sub-prime mortgage debacle @ the dough roller - a great post on how the sub-prime mortgage problem in the US came to be.
  • how to avoid arguing about money @ green panda treehouse - apparently my suggestion for remaining single doesn’t always cut it, if you want some more practical suggestions head for these.

I’ve also shamefully forgotten to tell you about the new m-network and friends group project on money matters for all ages, so far we’ve had:

  • January 15 - Introduction at My Dollar Plan
  • January 16 - Preschoolers at I’ve Paid for This Twice Already
  • January 17 - Personal Finance for Children and Pre-Teens at Being Frugal
  • January 18 - Teenagers at Gather Little by Little and Money Advice to My Teenage Son at DebtFREE-Revolution
  • January 19 - College Money Matters at Mrs. Micah
  • January 20 - Financal Advice For Your Twenties at Remodeling This Life and The 20’s at Cash Money Life

I’m up later on, as I’m doing retirement.

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Discussion

7 comments for “pfblogsround 20th January 2008”

  1. It’s always a good time to think about thinking about changing. ;)

    But not always a good time to move on. I’ll be sure to keep people posted about what happens. :)

    Posted by Patrick | January 20, 2008, 6:13 pm
  2. Sometimes it’s ok to stay awhile. I’ve been with my company over 5 years too, but there’s plenty of room for growth, so I’m planning to stay a long time!

    Posted by My Dollar Plan | January 20, 2008, 7:16 pm
  3. The m-network project looks really interesting, I’ll definitely be reading those posts- I’ve been thinking about doing a “personal finance timeline” for a while, highlighting all of the money issues you’ll probably come across in your life.

    Posted by Rob Lewis | January 20, 2008, 9:48 pm
  4. Thanks for directing me to the Dave Ramsey article. I don’t doubt that his advice has done a lot of good for a lot of people, but he can be strident and illogical at times.

    Posted by E.C. | January 20, 2008, 10:58 pm
  5. Thanks for the two checking accounts link over at Rocket Finance. We were actually just discussing trying something like this last week, and after reading the article it seems like something worth trying.

    We were hoping that I could manage the monthly bills etc. in our primary account and the incidentals, groceries, etc. in a second account. The idea is she can track the balance on the second account so that she knows what our available balance is without me having to continually break the bad news to her :)

    Thanks again!

    Posted by metroknow | January 21, 2008, 8:08 am
  6. Full discosure is the key, but separate accounts have actually helped us in determining purchase priorities - we can each determine our own priorities within the resources that have been intrusted to us. For instance, I know that we are going to have three bills direct debited tomorrow for a total of $125 - I can make sure that the balance will cover that amount and I don’t have to worry about my wife making a purchase or writing a check that will cause us to have an overdraft.

    Posted by rocketc | January 21, 2008, 10:46 pm
  7. Great set of posts, Thanks!

    Posted by RacerX | January 22, 2008, 11:37 pm

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