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Author: MFJ

Hosting Festival of Under 30 Finances AND a financial question for my readers/submitters

Hosting Festival of Under 30 Finances AND a financial question for my readers/submitters

I will be hosting the Festival of Under 30 finances next Friday April 20th. If you have some good financial advice for people under the age of 30, you still have until Wednesday night at midnight to submit your article to the festival.

The Festival of Under 30 Finances is a little unique in that it runs every other week and it usually includes a question that the host asks, to which the submitters can take a stab at answering. My question for next week’s carnival is “At what age do you want/plan to be financially independent (IE you don’t have to work full-time if you don’t want to) and what is your plan to get there.”

If you are participating in the carnival you are asked to answer this question. Even if you aren’t participating in the carnival and want to answer the question please feel free to leave your answer in the comments and maybe if it’s good enough I will highlight it somewhere in the carnival. Suppose I should start working on my own answer for the question 😉

Anyway if you want to participate in the carnival come up with a good article for those under 30 and submit it here. Otherwise if you just have a great answer for my question leave it in the comment or use my Contact form.

Save money on going out to eat – make the same exact dishes at home

Save money on going out to eat – make the same exact dishes at home

As we all know going out to eat is very expensive and if you are trying to pay down debt or increase your retirement savings its probably smart to limit your dining out experiences. My wife and I don’t go out to eat very often, but when we do there are certain places and dishes that we really enjoy. The good news though is that you may not have to give up your favorite dishes just because you are living on a budget.

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Festival of Frugality #69

Festival of Frugality #69

This week’s Festival of Frugality is being hosted over at The Digerati Life. My article on Frugal lawncare – Part II Overseeding is in the festival.

Here are some other articles from the carnival that I thought were especially good.

  • The Joys of Frugal Living by Dawn at Frugal For Life – Great collection of why living frugal is more about living your life how you want and not how others think you should live. Frugal living is fun and if you haven’t been to Frugal for Life I highly recommend the site, it is the holy grail of Frugal living.
  • Throwing a Birthday Party fit for a Princess on a Budget by Frugal Upstate – obviously Frugal Upstate doesn’t truly understand the “needs” of his little princess because according to Yahoo he should have blown $1000 on princess’s birthday bash. This is a great example of how to raise kids and how not to raise kids. I would bet my 401k that the kids at Frugal Upstate’s party had just as much if not more fun than the kids at I’m raising a needy little brat’s party. What’s more important here is that it just shows that 6 year olds don’t need or even want big fancy expensive things to be happy, it’s the parents who set the expectation and the parameters of what they “think” they need to be happy. This a perfect contrasting example of how a truly rich person throws a party versus how someone with a high income throws a party.
My revolutioniary idea to improve Bank savings accounts

My revolutioniary idea to improve Bank savings accounts

This may already exist, but I don’t think so as I have never seen it. My idea is to allow banks to let you “tag” money in checking or savings account for a certain purpose. Currently if you want to distinguish money for a certain purpose, say Christmas spending money you go and open an entirely different savings account to do so. This results in another statement being mailed to you and more work and expense for the bank to keep track of this new account.

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Carnival of Personal Finance #95 Recap

Carnival of Personal Finance #95 Recap

This week’s Carnival of Personal Finance is being held over at AccumulatingMoney. Each host usually puts their personal touch on the carnival and this week is no different. AccumulatingMoney actually put all the articles in a grid which is sortable by column (if you are using IE). It’s even AJAXY so no post backs 🙂 The geek in me love’s this touch and then you don’t have to worry as much about people complaining about where their article got placed in the carnival. My article on Save for tomorrow – but don’t forget to live today is included in the article

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Cash Plus Rewards – The gig is up no more 5% back on all purchases at Wal-Mart

Cash Plus Rewards – The gig is up no more 5% back on all purchases at Wal-Mart

Late last week I received a letter for both of my Chase Cash Plus Rewards credit cards stating that I would no longer be earning 5% back for my purchases made at superstores, warehouse clubs, and discount stores. This really sucks because my family and I do almost all of our shopping at Wal-Mart and it was just amazing how fast we racked up the rewards. Nearly all our Christmas shopping, home supplies, etc getting 5% back was a big deal.

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Frugal lawncare – Part II Overseeding

Frugal lawncare – Part II Overseeding

In Part I I talked about organic fertilizers that can often be found much cheaper than the chemical versions. In Part II I am going to talk about over seeding.

Overseeding is probably the #1 thing you can do to a lawn to make it look great. Overseeding is simply planting grass seed over the top of your existing lawn. There are a number of ways to accomplish this, but in this article I am going to go with what I did to my lawn last spring as I had just incredible results. My lawn went from bare patches, lots of weeds, and dead areas to people asking me if I had my yard sodded.

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