This week the carnival is hosted by our friend Baker at Man Vs Debt. It’s the New Zealand edition because "my family and I are currently backpacking and job-hunting in New Zealand." I’m suspicious. Sure, we’ve all combined backpacking and job hunting at some point in our lives, but New Zealand? Reminds me of a certain southern governor.
Baker did have the good taste to select my post about the guessing of Social Security Numbers as an editor’s pick. I’m sure you’ve all read it by now, but you might have missed the lengthy comment left over the weekend by the authors of the academic paper that started the whole thing.
Another editor’s pick was from Good Financial Cents on the income caps on Roth IRA contributions effectively going away in 2010. It’s a topic I’ve discussed on this blog and one that will undoubtedly get more play as 2010 approaches. My personal opinion is that the government will close this particular unintended loophole sooner or later, but it’s worth understanding in the meantime. Also, the post makes reference to the Violent Femmes, which is a plus.
Read more »
Time for my weekly roundup/review/rant of/about the Carnival of Personal Finance. This week’s edition is up at Darwin’s Finance. Seems like it’s a little shorter than usual. Friday holidays will do that.
Right at the top of the editor’s picks was an item from Funny About Money on the value of a master’s degree. That’s a good topic of relevance to us all. But, although the post does hint strongly at the idea that grad school is likely to be a poor investment in economic terms, it does not quite get down to brass tacks and tell the reader how to evaluate a given degree.
A post from The Digerati Life on the merits of identity theft protection has the same problem. The issue is sort of nibbled at on the edges without the payoff of a cost-benefit analysis. What gives? Yes, in both cases there are non-money factors to consider, but lining up for the reader what you pay and what you get in dollar terms seems obvious and central to the discussion. Are these bloggers afraid of going against the grain and too strongly making the case contrary to grad school and ID theft protection? Be brave! Dare to be hostile!
Read more »
I had it all figured out. Last week’s review/roundup of the Carnival of Personal Finance went well, so I thought I’d do it again this week. I planned to spend yesterday leisurely reading through the posts and writing it up in time to get it posted nice and early today.
Not so much. The carnival only appeared this morning, leaving me just a few hours to run through it. Yes, I could have come up with another post idea yesterday, but, you see, I had a plan.
This week’s carnival is hosted by Green Panda Treehouse. Is that blog name a cultural reference that everybody who is younger than I am gets? There is a picture of a green panda on the banner, which helps me. I thought it was the tree house that was green.
There are five editor’s picks, two of which are on finance related marital problems and two of which discuss how expensive it is to own a house. Something on your mind Green Panda?
Read more »
Part of the deal when you participate in a carnival is that you link to it from your blog. My weekly Carnival of Personal Finance links have been getting less perfunctory lately, to the point where I thought I would try making a proper post of it. It’s an excuse to discuss a lot of personal finance advice from several blogs at once, which certainly fits into the theme of BMA. So here goes.
The carnival is hosted by Suburban Dollar this week with a delightfully kooky theme, the beyond vintage video game Mike Tyson’s Punch Out.
One of four editors picks this week was Happy Rock’s post 16 Year Old Skips The Last Two Years Of High School To Play Proffesional Baseball. The gist of the post is that this is a bad thing. It is about Bryce Harper, a 16 year-old from Nevada recently featured on the cover of Sports Illustrated, who dubbed him the "Chosen One". He plans to skip out on 11th and 12th grades in order to enter next year’s baseball draft. This is a maneuver that will probably net him a sum in the high seven figures.
How could this possibly be a bad idea? I know guys who would pay in the high seven figures to play professional baseball. And some of them would pay extra if they could’ve avoided the second half of high school. Granted, Bryce’s education will suffer. He might, for example, not learn how to spell "professional" or the difference between "to" and "too" or (gulp) "beat" and "beet".
Read more »
The 208th Carnival of Personal Finance is up at Money Under 30. The host did an excellent job, except that he mentioned witnessing the world’s largest lobster roll, at 60 feet long, and named this week’s edition in its honor, but did not provide a photo.
My oh-so-clever post from last week on any printed number being believable is there, way down at the bottom. Placement was not an editorial choice, it’s what I get for writing something that is best categorized as “other”.
There are a bunch of posts in the carnival worth the read. A post on the fact that Thomas Jefferson was in in debt his whole life is worth it because, apparently, this is not common knowledge. I blame public schools.
There’s a post making what I would think is a non-controversial point that you can save money by buying your dog cheaper food. It’s worth reading because the one comment it got argued it was wrong. Also, there’s a picture of a puppy.
Tough Money Love had an appropriately cynical and mildly hostile post on the government bailout and takeover of GM. I liked that. But I was disappointed by a post entitled Making love with money is my favorite kind of romance. I was hoping for something more edgy, possibly with tips on using Craigslist.