The Banana Roundup : Week 18
If you enjoyed this post,
Editor’s Note : I will be posting a weekly roundup of postings on personal finance topics 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.
It is a little late for my regular roundup which is usually posted on Sundays so I am going to shoot out this one real quick so I can get back on schedule.
The Wealth, Money & Life Network
Dividends4Life simply points out what The Most Dangerous Investment is and I have to agree with him on this. There are some things in life that each of us have to simply take the risk for because the reward is too great to pass on. It doesn’t necessarily have to be the stock market but it can be other areas in life as well.
That is something I have to learn too, Dollar Frugal discussed Emergency Fund Etiquette. I don’t mind talking about my own emergency fund or discussing approaches to having, managing, or using an emergency fund but I can be very direct and one-sided because my own experience is different than yours. In the end, the bottom line is still the same, have an emergency fund no matter what.
It happens everywhere. Every time you renew the lease to your rental, the rates go up. Her Every Cent Counts found out that her property management company is increasing the rent by $250 a month. It is certainly quite an increase for a rental especially for a studio. My “rent” will also increase when I move to York soon so it will be interesting to see how it all turns out.
How I Save Money has a routine where she is Tracking My Finances in April: Day 30. I mentioned before on one of her tracking where she started out the month in negative territory because of her expenses that she should come out ahead at the end of the month after she gets her paycheck because she hadn’t gotten them yet. As it turns out, on the last day of the month, she did come out ahead. This is a very good way to understand a very strict cash flow system that is based on what you spend and earn on a day to day basis. Many businesses start out negative for the month because of beginning of the month expenses and that is what they work for, to come out ahead at the end of the month.
Living Off Dividends and Passive Income is Reporting From Omaha : The Cocktail Reception. It is the annual shareholder’s meeting for Warren Buffet and his Berkshire Hathaway firm. I don’t know if I could go to one of these hot events but it is fun to read how these events are done. It always never fails to amaze me that part of the fees and expenses we pay for our shares covers these “functions”.
Saving For A Home Of My Own posted May Goals. Goals are important to have but even more important is to write them down so you can see where you are right now and where you want to go. It helps fuels your decisions during the time period so that you can head in the right direction.
We also hosted the first ever Carnival of Wealth, Money & Life over at Dollar Frugal which was done in the spirit of Cinco de Mayo.
Comment by Dividends4Life on 8 May 2008:
Thanks for the link! I really like the crimson too!
Best Wishes,
D4L
Comment by lulugal11 on 8 May 2008:
I like the way you analyzed my cash flow because it just seems so depressing to be posting negative numbers all through the month but then I usually get a nice surprise on the last day.
lulugal11’s last blog post..Wealth, Money and Life Network favorite posts
Comment by Mark from TheLocoMono on 9 May 2008:
D4L - Took me a few seconds to realize why the crimson, as in Crimson Tide, right?