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Participation Requested

by Luke Landes

One thing we would like to accomplish with the MoneyBlogNetwork is to spotlight other wonderful blogs covering personal finance. AllThingsFinancial is spearheading the campaign, so if you’re a blogger and you’d like your website to be featured, visit AllThingsFinancial and send an email to JLP. Here’s another chance for bloggers to participate: Next Monday, I’ll ... Continue reading this article…

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Saving is Anti-American

by Luke Landes

A survey released by ACNielsen today has determined again that Americans are the world’s worst savers (among developed countries). Nearly a quarter (22 percent) of Americans have no money left once they’ve paid for their essential living expenses and spent their discretionary dollars. That puts the United States at the top of a list of ... Continue reading this article…

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Money Transferred to Debt

by Luke Landes

Over the weekend, I decided to use $2,000 of the money I made from freelance web consulting last year to speed up paying off my car loan. Even though my car loan has a lower interest rate (2 percent) than my some of student loans (~4 percent), it’s more important for me to reduce the car loan. ... Continue reading this article…

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Best Of The Week

by Luke Landes

If you missed these great stories on other blogs this week, now is the time to catch up: * Free Money Finance takes a look at advice from David Bach, author of The Automatic Millionaire, in An Early Start on the Road to Riches. * JLP from AllThingsFinancial discusses the Five Step Strategy for Getting ... Continue reading this article…

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Carnivals Today

by Luke Landes

Good morning! I’m home from work today for the holiday, so there’s a lot I’ll be trying to accomplish today. In the mean time, take a look at the latest Carnival of Personal Finance, hosted by Savvy Saver! There are many great articles to keep you busy. If you’re interested in participating or hosting the ... Continue reading this article…

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Buying a House vs. Renting a House

by Luke Landes

Liz Pulliam Weston published a column explaining why it’s smarter to buy rather than rent a home. She cited some statistics that show that the average net worth of home owners in any income range are much higher than that of renters in the same range. Liz warns the readers to stay away from “buy ... Continue reading this article…

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Articles In The News

by Luke Landes

There are some interesting items in the news today, but not much that is inspiring me to write about the stories in detail. Here is what I’ve been reading. * How to Sell a Car When You Owe More Than It’s Worth. This is a dangerous position to be in. * Fortune Magazine’s 100 Best ... Continue reading this article…

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Early Morning Carnivals

by Luke Landes

If you’re an insomiac, you can stay up all night reading the latest Carnival of Personal Finance, hosted by All Things Financial. Another week of great articles have been included. Check out MyMoneyBlog’s post on tricky credit card offers and thoughts on HSBCDirect from Clutter2Cash. This is the 30th edition of the Carnival of Personal ... Continue reading this article…

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