Welcome to another edition of the Financial Carnival for Young Adults. This week, again, I limited the number of inclusions to the quality posts. If you are young and looking for great resources to answer everyday financial questions, the articles listed below are a great place to start.
Michael @ Financial Ramblings writes Marginal vs. Effective Income Tax Rates – Tax brackets are a funny thing. This past year we were in the 25% bracket but paid an effective rate of 16%. The year before we were in the 15% bracket but paid an effective rate of 22%.
Robert @ The College Investor writes 5 Trading Mistakes That Make You Feel Dumb – Here are some of the dumbest trading mistakes that you can make, so pay attention and avoid feeling stupid later on.
Lance @ Money Life and More writes I’m a Victim of Credit Card Fraud… What Do I Do? – Credit card fraud is one of those things you hear about but never expect to happen to you. I felt the same exact way and now realize that I was wrong and I never should have felt I was above credit card fraud to begin with.
SBB @ Simple Budget Blog writes Diversification Made Simple – Active investing can be quite overwhelming. Not only is it often a new experience for new people, but most people usually do it in passive forms (index or mutual funds). While I’m not a day trader or anywhere close to being an expert investor, I do know that many of the basic rules of investing. The post Diversification Made Simple appeared first on Simple Budget.
Roger @ The Amateur Financier writes Money and Child Raising: Saving for Child’s College – A discussion of the pros and cons of saving and investing to help your child pay for their college education when they reach that point.
SFB @ Simple Finance Blog writes How to Prepare for Life After College – Life after college does not have to be difficult. Preparation, though, must begin as soon as yesterday.
TRL @ The Retired Landlord writes Real Estate for Retirement – Real estate can be an important element of any retirement plan.
Eddie @ Finance Fox writes Another Riches to Rags Story – Even though I’m certainly not the type to laugh at anyone’s misfortunes, riches to rags stories are certainly a huge laugh for me.
Andrew @ 101 Centavos writes Stupid Friends are Expensive – A moral tale on the uselessness of idiot friends, whereby a young man must make a choice between standing by his old (and stupid) high school chum, and getting on with life.
Crystal @ Budgeting in the Fun Stuff writes Why Freelancing Might Not Be For You – Sometimes I think about going rogue and doing stuff on my own, but not everyone can survive as a freelancer. Not everyone will.
Don @ MoneySmartGuides writes How Much Does an MBA Really Cost? – On average, you could pay more than $60,000 for a two-year MBA program. But getting your MBA from one of the most prestigious institutions in the United States could cost more than $100,000.
Kanwal @ Simply Investing writes What is Dividend Investing? Why Should You Do It? – Mike from The Dividend Guy Blog and Dividend Stock Analysis wrote a great blog post over at My Own Adivsor that I’d like to share with my readers. Mike discusses the benefits of investing in dividend stocks, and my favourite the section on “Index Investing vs. Dividend Investing” is a must read.
Evan @ My Journey to Millions writes I Am Actually Excited to Buy My Niece’s Birthday Gift – Investments! – I hate how many toys I have in my house because I truly believe that my son just doesn’t care about 92% of the toys. So I think I just see them as wasted money mostly by very generous friends and family. I was expressing my feelings to a buddy when he told me instead of purchasing a gift that his niece or nephew won’t remember he takes the equivalent amount he would have spent and invests it for them.
Jessica @ Budget for Health writes How much to spend on a house – How much house can you afford? There is more to this question than one number. Consider these factors before making your decision.
Jon the Saver @ Free Money Wisdom writes Why The Envelope System is Perfect for a Marriage – This envelope system is great for married couples and helping them get back on track financially.
A Blinkin @ Funancials writes A Continuation of the Minimum Wage Debate – Evidence and quotations from academic economists on why raising the minimum wage is a bad idea.
Investor Junkie @ Investor Junkie writes Investing with the Dividend Discount Model – The beauty of the dividend discount model is in its simplicity and effectiveness on dividend-paying stocks.
Tushar @ Start Investing Money writes The Importance of Planning and Saving for the Future – Most of us realize we should put some regular effort into saving money for our futures. However in reality we don’t all manage to do it.
Joe @ Midlife Finance writes Buying A House – Finalizing The Sale – Buying a house — if you’re interested in saving money, effort and time, that is — means careful preparation and planning.
Kevin @ 20smoney.com writes Common Financial Mistakes made by People in their 20s and how to avoid them – Most people start earning their first regular paychecks in their early 20s. However, their financial education is still that of a teenager.
Glen Craig @ Free From Broke writes Why You Should Avoid Penny Stocks – Ever wonder what penny stocks were and what the allure was? Don’t get sucked into the hype. See why you should avoid penny stocks.