The Banana Roundup : Week 16

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Editor’s Note : I will be posting a weekly roundup of postings I enjoyed reading in the personal finance blogosphere. These bloggers can be found my Blogroll page. Whenever possible, if I come across a new one I like, I will add them to the Blogroll.

Cash Money Life posted a great article about The Future of Lending Club - Will They Survive and Thrive or Crash and Burn? While the P2P lending industry is somewhat fairly new in terms of sites like Prosper, Lending Club, and others, it is a heavily regulated area regardless of how you choose to lend so it is good to see the government keeping an eye on things, making sure everything is in order to protect the lenders. It is no different than the credit card or mortgage industry.

I enjoy quotes and it was refreshing to see Dividends4Life bring up a good point about quitters from Bear Bryant, a legendary college football coach, when it came to Winners Never Quit, and Quitters Never Win. It is a good quote to keep in mind when investing in the stock market or any other type of volatile market, especially if you are committed to investing for the long-term.

Dollar Frugal echoed my sentiments perfectly when she talked about How I Got Un-addicted to Restaurants. During my 20s, it was about going out with my friends to the bars and clubs which was all right at the time but the scene got old real fast when I realized I could lipread everyone over the loud music and no one could hear me when I tried talking to them. Even now in my 30s, although I do go out once in a while, this scene still has not changed.

Free From Broke had an interesting question about Saving Money For College When Your Children Are Older. I don’t know much about the college plans available for parents (mostly because I do not have any kids), it does make me wonder because it is a topic on every parent’s mind with the cost of college rising faster in the past ten years. It certainly pays to do some research in this matter whether you start saving when your child is born or later when your child is older.

Her Every Cent Counts wonders about Grad School: my future or just a dream? I can understand her situation. When I was in my 20s, I put my college degree on hold while I went to find out what the real world was about. With all the hype about having a Masters or a Doctorate degree and the combination of increased tuition, as well as increased income, I often wonder where the balance between debt and income lies with a degree. I certainly would like to finish my degree someday but I worry about the expenses associated with finishing college while maintaining everyday expenses.

LuluGal of How I Save Money shares a pretty good tip on Save Money and Time Reloading Your Dishwasher. Not only does this save you money and time, it is also good for the environment if you maximize your dishwasher to run less frequently because you wait till you fill up the dishwasher. I often rearrange my dishwasher if I find I can save room. If there is something I have to use, I can always wash it by hand with hot water and soap, especially if I only use it once in a while.

$3.95 a gallon. I just have to shake my head in amazement. The other day on Wednesday, I paid $3.29 a gallon and three days later it spiked to $3.54 a gallon. Living Off Dividends discusses how he prepared for when Oil Breaks $115 Per Barrel. Mopeds are starting to look attractive at 247 miles per gallon now.

Being in Las Vegas and not Gamble is a tough thing to do if you like gambling but Money Ning was able to change his habit this time. While I rarely go to casinos, I often find myself going in with the mindset that I won’t spend more than $100, win or lose. Having been to Vegas a couple of times, I can tell you that there are plenty of things to do without gambling. Either way, Vegas will find a way to take money from you because “Vegas always win.”

That’s it for the roundup. Be sure to check in this week to read the posts I will be publishing about my review of the book which I have one copy to give away.

There Are 6 Responses So Far. »

This article was featured on the following posts.

  1. Thanks for the mention!

    Best Wishes,
    D4L

  2. Thanks for the shout-out, Mark!

    Brooke’s last blog post..How I Got Un-Addicted to Restaurants

  3. Thanks for the mention, Mark. I think this is an interesting time for the P2P industry, and I look forward to hearing the final decisions. It is very cool to be here for the evolution of the industry. :)
    Patrick’s last blog post..Weekly Roundup - Spring is Finally Here Edition

  4. Thanks for the mention. When the time comes for you it will be worthwhile to look into your states 529 plan. Take care!

    FFB’s last blog post..It’s A Great Day For Some Carnivals And Other Links

  5. thanks for the mention and comment on my grad school dilemma. i think at some point i’ll go for an mba… just not sure when or where.

    her every cent counts’s last blog post..Grad School: my future or just a dream?

  6. School will always be there so as long as you can manage your approach to it as well as develop a strategy to manage your personal finances while in school and have an exit strategy in place when you finish, you should be fine anytime.

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