Tuesday, May 24, 2011

The Wealth Builder Carnival #40

Welcome to the fortieth 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 them into seven categories: Earning, Insuring and Protecting, Investing, Living Frugally, Retiring, Saving and Taxes.


And now onto the Carnival:

Earning


Ted presents Do You Really Want to Make Money Writing? posted at Authority Articles, saying, "Writing at home is a perfect business for many that need to keep watch of their children but still want to earn a decent income."

Tarik presents Anything worthwhile needs 8 hours of continuous work.. posted at Success starts today, saying, "There are many types of work that may take from a few minutes to a few hours, but valuable work needs time. Time needs to be booked without interruption for long periods. To be able to make progress on all my activities and improve my earnings, I use several techniques to block and reserve my time and work on my most valuable goals. Here are three tips on how you can create blocks of time that will make every day of your life worthwhile."

MyMaria presents Niche Site Profits April 2011 posted at My Work at Home Mom Blog, saying, "One way that I earn money is through writing my own niche content sites. Here's how two of my sites earned last month."

Writers Coin presents The Value of Stress Avoidance posted at The Writer's Coin, saying, "We all hate stress, so how much of your salary would you be willing to sacrifice for perks that helped cut into that stress?"

My Journey presents What Do You Have to Do Mathematically to Get to Your Goal posted at My Journey to Millions, saying, "It doesn’t work for everyone but breaking down larger goals into smaller, obtainable short-term goals provides me with an incentive to get to that smaller goal."

Steve presents Small Banks Vs. Big Banks: Which is Better for my Business posted at FastSwings, saying, "Going with the big banks was the ideal solution for small business prior to the recent financial crisis."


Insuring and Protecting


Susan Howe presents Are Mom's Really Worth $61,436 a Year? posted at Insure, saying, "Flowers and cards can never quite repay mom for all she's done, but have you ever thought about how much she's really worth?"


Investing


David Leeman presents Simple Investing in Index Funds, One of the Best Ways to Invest Money posted at Financial Freedom Blog to Change Your Life, saying, "For many people, investing in index funds is a smart option to consider. It is a simple and frugal investing alternative when compared to building a portfolio of stocks or actively managed mutual funds."

Dividends4Life presents 18 Stocks Meeting The Goal Of Higher Dividends posted at Dividend Growth Stocks, saying, "I have stated many times that my goal is to create an ever growing income stream from dividend growth stocks. Secondarily, it is my desire to beat the S&P 500 over time. With that said, I rarely look at the capital performance of individual stocks. What I do watch is the ability of the stocks I own to sustain their dividend growth."

Mike Piper presents Assessing Your Risk Tolerance: Need and Ability posted at The Oblivious Investor, saying, "The first step in creating an investment portfolio is to assess your risk tolerance."

Joe Morgan presents How to Survive (and Possibly Thrive during) Stagflation. posted at Simple Debt-Free Finance, saying, "Rising inflation and stagnant growth could be making a return visit to the U.S. economy. Here's how to position yourself financially to survive it."

The Amateur Financier presents Choosing the Right Investment Firm posted at The Amateur Financier, saying, "A guide to choosing the best investment firm for you to begin your investing career and start to build up your portfolio."

Investor Junkie presents Firstrade Review posted at Investor Junkie, saying, "Firstrade was exactly the kind of discount broker I was looking for. The fees are low, customer service is excellent, and the website is always trouble free. I have been satisfied with Firstrade and will probably stay with them in the foreseeable future."


Living Frugally


Hussein Sumar presents What Can Bankruptcy do for you and what can it Not do? posted at Chapter 7 bankruptcy, saying, "Bankruptcy is an effective tool for thousands of Americans who are struggling with all kinds of debts. However, it is important to know what type of debts bankruptcy can discharge you from (in other words what types of debts it can ‘free’ you from) and what type of debts are NOT discharged through bankruptcy."

Control your Cash presents Why pay someone when I can do it myself? posted at Control Your Cash: Making Money Make Sense, saying, "If you can afford to hire someone to do something for you instead of doing it yourself, you probably should. Here's why."

Tom presents Are All Coupons Worth It? posted at StupidCents, saying, "I’ve been starting to feel the drag of spending 30-45 minutes each week searching for printable coupons I could use at the grocery store. I started to question whether or not all coupons are worth it."

Rock & Roll Accountant presents Now, about those goals ... posted at Rock & Roll Accountant, saying, "This is a post about setting financial goals in a smart, efficient manner."

Boomer presents Using E-post To Organize And Manage Your Bills posted at Boomer & Echo, saying, "I signed up with e-post several years ago after becoming frustrated with receiving, storing and tracking all of my monthly bills that came in the mail."


Retiring


Jim Yih presents Retirement Planning Mistakes posted at Retire Happy Blog, saying, "When people get concerned about their preserving money and having enough of it and wanting to keep it close to the vest, what types of investments do they often make?"


Saving


None


Taxes


Pamela King presents 24 Ways to Save on Your Tax Preparation Fees posted at Generation X Finance, saying, "ome of these so-called “organization” tips may seem like common sense, but the truth is, not being prepared for tax time can cost you quite a bit of money. If you have an accountant do your taxes and throw a shoebox full of receipts at them, it’s likely they will charge you the extra time required to get it organized – especially if it’s something you could’ve done yourself."

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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