Speaking of superheroes, Get Rich Slowly just posted the Carnival of Finance: Superheroes Edition. It's fully of a plethora of super-links on all things related to personal finance. Highly recommended!
Here are a few links that caught my eye:
The Money Tortoise has a nice piece on behavioral finance, which is a subject I’ve been intending to research. “It’s your behavior that makes all the difference in investing — not the investments themselves.”
Discounting the value of your home could keep you out of financial trouble, according to Ben at Money Smart Life. By doing this, “your net worth will reflect the financial value you’re building while also setting the realistic expectation you can actually turn your home into that amount of cash.”
If home-ownership has you scared, Jim at Blueprint for Financial Prosperity plays devil’s advocate, and suggests that you may want to rent forever — don’t buy a home. “The general rule of ‘buy a house, stop renting’ is probably the most strongly believed but most weakly defensible of the common sense personal finance advice concepts out there.” [I think he’s right!]
Paul at One-Year Exit Plan warns about the dangers of the room of excess. Do you have one? You know, a room where you put your junk, the stuff you don’t know what to do with, the stuff you don’t really need? If so, then it’s time to change your priorities.
Single Ma’s Fabulous Financials wonders: where are the millionaires in the personal finance blogosphere? This is a fabulous question.
At The Digerati Life, the Silicon Valley Blogger tries to compute what his net worth should be using a tool from CNN Money.
Wallet Advice looks at some of the bad financial decisions from his past. “I have learned a lot from these bad financial decisions. I am very cautious before spending anything more than about $40 these days.”
Note of the Living Deb makes its first contribution to the Carnival, looking at modern necessities. Deb analyzes a recent Pew study about which appliances consumers view as vital. This is fascinating stuff.
Wilson at Reflections of a BizDrivenLife ponders the worth of financial advisers. He’s been consulting with one, and he is not impressed.
The Mighty Bargain Hunter wonders where cynicism fits into your portfolio. “What you want to hear makes you feel good, but it usually isn’t in your best interest. What you need to hear, on the other hand, usually is.”
The meditation at Living Large is interesting. “Is life passing me by?“, the author wonders. “Do people in credit card debt regret it? Or do you have great memories to recall and experiences you treasure? Did you enjoy life to the fullest? Am I planning for a future I may not have?”
William at A Financial Revolution offers a real-world look at cost-benefit analysis — what is it and why should you care?
Go to the carnival itself to see many, many more!
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