Here are some articles I’ve enjoyed from the MoneyBlogNetwork and beyond in the past week. I’m splitting my round-ups into two weekly posts, separated by a few days, as the network has grown and I’d like to highlight more posts without presenting an overwhelming post that begins to look more like the Carnival of Personal Finance.
This morning, I’m assisting my girlfriend with moving her savings and checking accounts from two separate banks to a new, more accessible bank. While I’m out this weekend, please take a look at some of these interesting articles.
When Should You Dump a Bad Money Manager? AllFinancialMatters points out the latest from “The Mole,” in which the undercover financial planner tackles this question. JLP’s advice is to keep an eye on tax consequences, have an asset allocation strategy, and use low-cost funds to achieve that asset allocation. Solid.
Frugality is NOT a Dirty Word. Get Rich Slowly takes a look at the stigma attached to the term and notion of “frugality.” Read this article to see what frugality means to J.D.
Busy Schedules: Money Saver or Money Waster. FiveCentNickel response to a reader’s comment about the fact that keeping busy with personal activities allows less time for frivolous spending. Nickel is not sure he agrees, so he presents the question to readers.
My Thoughts on “The Mother of All Tax Reforms.” I’ve been meaning to put together a similar article about the proposal forwarded by Rep. Charles Rangel. Blueprint for Financial Prosperity has assembled an excellent summary without taking a political stance. If the media is confusing you about this proposal, read Jim’s article.
Making is Up as I Go Along. The Simple Dollar response to a reader’s criticism that his opinions and advice change over time. I see no problem with this. The ability to change your mind as you learn, admit that you don’t know everything, and can be incorrect are signs of intelligence. I strive for this level of self-awareness.
My Experience as a Member of CNBC’s Fast Money Live Audience. Lazy Man and Money was able to get into the audience of this television show, and he shared his experience in three parts. Here is the first part.
Thank you to all Consumerism Commentary readers. I don’t always mention it but writing this blog is very enjoyable for me because all of the constant feedback I receive.
Updated December 29, 2010 and originally published October 27, 2007.