Welcome to the fortieth edition of the Financial Carnival for Young Adults. My purpose with this carnival is to create an easy-to-find place for information about finances for young adults. The carnival is hosted here at 20′s Finances almost every week and features the most recent articles from around the web. I hope you enjoy this edition of the carnival. I made sure to add in my own commentary to make it a little more interesting. I can’t believe I’ve been doing this carnival for almost an entire year.
This first article is one that I can relate to. We still have most of our emergency fund and it’s nice to have one, but it’s always painful when you have to tap into it. Jennifer Lynn @ Broke-Ass Mommy writes Cripes. Nearly Our Entire Family Emergency Savings Got Gobbled Up - We just depleted our emergency fund, and thank goodness. If we didn’t have one we’d be hurting. Read more on how my Emergency fund got gobbled up!
Maybe this is the time for tapping into emergency funds, because Little House @ Little House in the Valley writes Squeaking By Without an Emergency Fund - Good financial, common sense tells us that we should be saving 5 – 10% of our income for emergencies, let alone another 10 – 15% for retirement or large purchases, like a house. But when you compare everyday expenses to modest incomes, sometimes it’s hard to find that extra cash to stash away.
Lance @ Money Life and More writes using the pros and cons of the American Express credit card. It’s been a while since I’ve seen such an elaborate review. Be sure to check it out.
Tushar @ Start Investing Money writes Get the Most Back – Benjamin Franklin once said that there are only two things in life that are certain- death and taxes. To many people, the thought of paying their taxes at the end of the year is a mind-numbing, heartbreaking prospect.
Daniel @ Sweating the Big Stuff writes How an Internship Abroad Helped Shape My Career Path – Most internships don’t have a profound effect on the future, but mine helped propel me to choose my future career and the way I think.
Jester @ The Ultimate Juggle writes Frugal Family Christmas Activities – Enjoy a glimpse into our frugal family Christmas activities. These activities is why Christmas is my favorite time of the year.
The following submission was just too good to ignore: Ashley @ Money Talks Coaching writes I Don’t Just Want a Nest Egg… I Want Nest Chickens – My husband grew up on his grandpa’s farm. From this experience we have several grandpa-isms in our house. One of them is I don’t count my eggs…
After spending a lot of money this month, I also started asking myself how much I need and whether buying stuff makes me happy. Of course it doesn’t, but sometimes I think I am tricked into believing it. Similarly, Young @ Young And Thrifty writes How Much House Do You Really Need? – As a fairly lazy dude who isn’t a big fun of seeing his Saturdays spent doing housecleaning (and yes ladies, I am a modern man and do my fair share), all I could see in a large house was endless dusting and vacuuming.