Financial Carnival for Young Adults

Thanks for visiting another great carnival intended to help young adults. If you want to join in on the fun of the Financial Carnival for Young Adults, whether that is submitting your own article or hosting an edition on your own site, don’t hesitate to join. We are hoping to help young adults manage their money by collecting articles each and every week that will help them accomplish that. Without further ado, here are the great submissions this week.

James @ Free in Ten Years writes How to stop impulse buying – Impulse buying is a huge obstacle in the quest to live below your means. Learn how to beat it once and for all.

Robert @ Kids Ain’t Cheap writes My Wife’s Biggest Money Fear – For my wife, her biggest money fear is not knowing.

Green Panda @ Green Panda Treehouse writes How You Can Get The Most Out of a Party – How to have more than just a blast at your next party.

Michael @ Financial Ramblings writes How Do Income Tax Brackets Work? – Income tax brackets are one of the most misunderstood aspects of personal finance. No, moving up a tax bracket won’t shrink your paycheck.

Mike @ Personal Finance Journey writes New Year Plan – Its time to be setting Goals – A Simple Practical way to look at your financial goals for the New Year Plan. A guide to setting Goals for 2013 and starting your finance journey right.

Tushar @ Finance TUBE writes How to Resist the Urge to Spend? – Today we will be talking about how to resist the urge to spend? At the core of all personal finances advice is this one fundamental principal. You have to resist the urge of spend as much as you want.

Jester @ The Ultimate Juggle writes Final Decision On Fairness in Spending on Kids – Do you think about your fairness in spending on kids? I believe that you should, especially if your kids are great kids like mine!

Vipin @ The Investing Monk.com writes Best Investments for Young Adults – You will be losing millions if you do not start saving early. This is one mistake that I made and there is no way to correct this. I wish most of the young people who read this post can start investing early even if only $100 and it will make a big difference when they retire.

Alice @ Hurricanes, Panties & Dollars writes Saving on Inebriation & 10 Money Themed Drinks – I love to drink and have a great time, but if you’re drinking at bars—it can add up faster than a stripper can spot a $100 bill. That’s fast!

Luke @ Learn Bonds writes How to avoid the #1 mistake made by bond fund investors – Many bond investors top priority is income, which leads them to place a heavy emphasis on a fund’s yield when making investment decisions.

Jason @ Work Save Live writes 5 Things to Consider When Creating a Will – Being a legal declaration, a will is typically made for making dispositions of property to take effect on or after a person’s death. A will is a personalized legal document and can be made for appointing those that one wishes to manage any part of their estate. Specific protocols exist for drafting a will, specific to a country, state, and province and similar areas.

Ted Jenkin @ Your Smart Money Moves writes Top Five Financial New Year’s Resolutions – It’s hard to imagine that another year has passed by so quickly.

Tushar @ Start Investing Money writes Using Foreign Stock Brokers – If you want to start investing in the stock market, you have two options open to you. You’ve either got to go it alone and make your own investments, or find a broker to do it for you.

Don @ MoneySmartGuides writes Emergency Fund Basics – An emergency fund is the term given to your Savings Account that acts as a resource to provide you with income during emergencies.

Maria @ The Money Principle writes About goals, priorities and general orientation: my words for the year – Instead of setting priorities and goals in January I decided on two words to orient my effort. These are my words for the year and a report on how it worked out.

Roger the Amateur Financier @ The Amateur Financier writes Money And Child Raising: Stay-at-Home Parent – When you become a parent, there are many issues that you need to handle.

TDB @ Tax Deduction Blog writes How Are Bonuses Taxed by the IRS – Did you just get a great bonus from work and come home with a much smaller check than you thought? Here’s how the bonuses are taxes by the IRS

Jessica @ Budget for Health writes No Gym January – I’m on a part-time strike for my gym because it has been SO packed with people going overboard with new year resolutions. Here’s my plan until things calm down…

MMD @ My Money Design writes The Management Skills List – Do You Have What it Takes to Earn More This Year? – Before asking for a promotion, reflect upon this management skills list of characteristics that make up a good manager, and see if you’ve got what it takes.

A Blinkin @ Funancials writes What Kind of Returns Can I Expect When Planning for Retirement? – Moving forward, I would estimate a modest 3-4 percent. Let’s say you are 25 years young making $50,000/year. In retirement, you will need to replace 75 percent of your income. You expect 3 percent inflation. How much will you need to save in order to retire by 65 excluding Social Security?

Jon the Saver @ Free Money Wisdom writes How Fitness Affects Your Finances – Personal fitness has a direct effect on your personal finance life. Letting yourself go can wreck havoc in your personal life so watch out.

PPlan @ Provident Plan writes What To Do If Your Identity Has Been Stolen – Last week we talked about various ways that a person’s identity could possibly be stolen.

Kyle @ The Penny Hoarder writes “I Need Money!” – 10 Ways to Make Money For Tomorrow’s Rent – If you’re having a tough week financially and need to find some cash fast, there are a few things you can do which won’t take a lot of time, and can be done for people you know, or even friends of friends.

CAPI @ Creating a Passive Income writes Collectibles and You: Turning Clutter into Passive Income – In addition to obtaining and storing all of these items, they also tend to learn a lot about the value of various items within that niche.

Suba @ Broke Professionals writes Increasing The Retirement Age Isn’t The Answer – Increasing the retirement age at which you can collect Social Security benefits would hurt the part of the population that needs the money most.

Jennifer Lynn @ Broke-Ass Mommy writes The library, not just a sanctuary for books. – Read my take on the library, and let me say that it’s now just a sanctuary for books!

Jen @ The Happy Homeowner writes Yes, My Boyfriend is Paying Me Rent – My boyfriend recently moved in with me and I am charging him rent. In fact, we’re splitting everything down the middle. Read more to find out why!

Corey @ 20s Finances writes How Young Adults Can Save Money on Car Insurance – We all know that young adults struggle with saving money. It must be the curse of young adults to be attracted new cars, fancy gadgets, and trending clothes. Either that or just plain inexperience. In all seriousness, it’s a combination of all these things.

Miss T. @ Prairie Eco Thrifter writes Four Promising Solar Stocks for the New Year – Environmentally conscious investors will naturally want to avoid companies with questionable ecological records. With that in mind, there is a spread of promising solar energy holdings for intrepid investors to consider.

Joe @ Midlife Finance writes Where will you live when you retire? – Retirement may be the perfect opportunity to do something you’ve been considering for years: move to a different state or region. But how do you decide which one?

Daisy @ Add Vodka writes How Craigslist Has Saved Us Hundreds of Dollars – When we bought our house, we knew that it needed a bit of work. Our house is nicely renovated, but it was built in the 1960s, and had a few issues that were “under the scenes”.

krantcents @ KrantCents writes Happy New Year! – Happy New Year! Today is the beginning of a new year and a day full of football games. Living in Los Angeles, I look forward to the Rose Parade showing what is best about southern California.

Passive Income Earner @ The Passive Income Earner writes Dividend Stock Analysis: Thomson Reuters Corporation (TRI) – Latest dividend stock analysis of TRI – Thomson Reuters.

Corey @ Steadfast Finances writes Stocking the Bomb Shelter: Is Buying in Bulk Actually Worth It? – Buying in bulk may look good on paper, but you need to consider all of the factors before making your decision.

Edgar @ Degrees and Debt writes Maintaining Multiple Incomes – Examples of creating and maintaining multiple income streams

Jason @ Live Real Now writes Credit Peril – The credit department came back and said that my wife’s credit was poor. I chalked it up to a temporary blip caused by closing the oldest account on her credit report and financed without her. No big deal. Turns out I was wrong.

Kyle @ My University Money writes How Much Is Too Much to Pay for Residence? – The problem is that residence fees in many parts of the country have risen at incredible rates over the past decade. This disregard for general inflation rates seems to be part of the world of education these days, but I digress.

Justin @ Young And Thrifty writes Paying Off Debt: The New Year’s Resolution You Need to Keep – Making New Year’s resolutions is a time honored January tradition. The problem is that by February most of those resolutions have been broken and completely abandoned. But there’s one New Year’s resolution that you need to keep, that you cannot afford to give up on – and that’s paying off debt.

Eddie @ Finance Fox writes Lower Your Wireless Bill By Cutting Your Monthly Data Usage – I was able to conclude with today’s post on some tips and tricks to keep your monthly data usage in check and more importantly lower your wireless bill.

Steve @ 2012 Tax writes Processing of Tax Returns to Begin on January 30 – Earlier this week, the US Internal Revenue Service (IRS) announced that electronic filing of tax payments for the year 2013 will commence on January 30.

Daniel @ Sweating the Big Stuff writes 2013 Business and Personal Finance Goals – Here are my business and personal finance goals for 2013. They won’t be easy to achieve, but I think they’re definitely attainable.

Michelle @ The Shop My Closet Project writes Let’s Invest: A series about non-fiscal investments – I’ve decided to write a series of posts about non-fiscal investments that may or may not effect our money but do have a huge effect on our lives. Once a month I will write about these investments. I’m curious about what you think. This month’s post is about friendship.

SFB @ Simple Finance Blog writes The Importance of Having an Allocated Spending Plan – What is an allocated spending plan, its benefits and how to set it up

Amanda L Grossman @ Frugal Confessions writes Debt Can be a Rewarding Motivator: How Will You Use Yours? – What do you think your life would be like if you were given everything you ever wanted? If you had no debt, no significant financial responsibilities, no

BARBARA FRIEDBERG @ Barbara Friedberg Personal Finance writes HOW PAYDAY LOANS MAKE LENDERS RICH AND BORROWERS POOR – In modern society, loans are easily available for almost every whim and desire. Just pick up your credit card, charge it, and pay the balance off at your leisure. The range of borrowing options ranges from short term payday loans to 40 year home mortgages. Few citizens avoid debt.

Jen @ Master the Art of Saving writes Potential Savings Goal: A Second Car – Living so far out has isolated me from the world and is driving me nuts. I need want NEED a car or I am going to die…seriously.

Invest It Wisely @ Invest It Wisely writes Unraveling the Secret to Building Wealth – You can become wealthy by changing a few simple things. All it takes is a shift in attitude and to make one simple commitment to yourself.

Jules Wilson @ Fat Guy,Skinny Wallet writes Review of “The Money Code” – I recently had the opportunity to read “THE MONEY CODE: Improve Your Entire Financial Life Right Now” by Joe John Duran, CFA. This book was a little unorthodox because I was definitely expecting more of the norm in terms of finance books, but instead I ended up reading the self-described “anti-financial advising, financial advising book”.

Jules Wilson @ Faithful With a Few writes What is the Best Age to Begin Saving for Retirement? – The best age to begin saving for retirement will be different for each person. Some are in a position to do it earlier in life, while others are unable to start until years later. You will be better off if you can start as early in life as possible, but that doesn’t mean that delaying contributions will prevent you from having a comfortable level of retirement savings.

Marvin @ Brick By Brick Investing writes Food Insurance – Detailed description of how you can save money and ensure you have enough household items & groceries in the event that you lose your job.

Matt @ Living in Financial Excellence writes Living Beyond Rich: You Gotta Read This Book! – I recently had the distinct privilege of a sneak peak at the book, Living Beyond Rich by Jen McDonough. I have to say I was more than pleasantly surprised. In fact, I couldn’t put the book down!

Everything Finance @ Everything Finance Blog writes Obama’s Student Loan Forgiveness Program: Do I Qualify? – If I stick with the minimum payments, I’ll be paying 15 years for my private student loans, and 30 years for my consolidated federal government loans. No, thank you. With the new Obama Student Loan Forgiveness Program, and the new Student Loan Repayment Options, I figured I would take a look and see if any of them could help me out.

Lazy Man @ Lazy Man and Money writes Unemployment Adventures: How I Could Have Prepared for a Layoff – In this economy, there’s no telling when the hammer will strike. Anyone can become unemployed at any time. I thought my job was somewhat safe. Nope. Thankfully, I got a severance, and I had a little bit of savings. But knowing the state of the economy, I could have done a lot more preparation during the time I was working. How? By doing these five things.

Myscha @ Financial Highway writes 9 Winning Ways to Build Passive Income – Given the choice between having an additional source of income or not, most people would choose the affirmative. The trouble comes when you have to find time to earn that additional income. While we all have available blocks of time in our schedule, not everyone has the ability to take on a full-time second job. That’s where the development of passive income comes into play.

Michael @ Excess Return writes Why A Strong Dollar Will Be Bad For Your Portfolio – Interest rates are low. Quantitative easing measures, pumping hundreds of millions of dollars into the American economy, are high. The fed has, for years, been following a course of flushing the dollar down the pan. The general explanation for this is that such a policy makes exports cheaper in the currency of the target market which will, in turn, drive the U.S. economy forward.

John S @ Frugal Rules writes 4 Helpful Free Investment Tools – Investing in the stock market can be a challenge for the seasoned investor, much less a newbie investor. By using some free investment tools you can make more informed investment decisions that will benefit your portfolio.

Little House @ Little House in the Valley writes Setting Goals That I’ll Actually Accomplish – My finances are tricky; my income fluctuates from one year to the next making it challenging to set a budget. However, I know what the minimum is that I need to bring in to pay all the bills and have a teeny, tiny bit left to set aside for savings. Using the zero-balance method that I’m trying out this year, I should be able to save my regular up-front amount, boost it by $50, and then save whatever’s left at the end of the month.

Ray @ Squirrelers writes Thinking Inside the Box With Personal Finance Can Have Value – Sometimes it can pay to think creatively. Other times, the tried and true advice – which is often cast aside – can actually help us. This post discusses thinking INSIDE the box, and how it has its place with our finances.

Jeff Rose @ Good Financial Cents writes Reliable Transportation Does Not Equal a Brand New Car – You want to try to convince me that you need to buy a brand new car to have “reliable transportation” – I don’t think that’s necessarily a good idea. And if you were kid, I would put you in timeout.

Emily @ Evolving Personal Finance writes Egg on My Face: Grad Students and Payroll Taxes – Grad students working toward their degrees don’t pay payroll taxes – I’ve discovered after five years!

Suba @ Wealth Informatics writes How to get cheap prescription drugs and save money on medications – Health care is one of the major budget item for us. So I compiled a comprehensive list to get cheap prescription drug and save money on my medications.