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 and try to include them in my roundup.

The Wealth, Money & Life Network

Dividends4Life posted his Progress Update - May 2008 where he broke down his dividend incomes and Yield on Cost with his latest purchases. I have to admit that I am not the most brightest guy when it comes to understanding these formulas but I enjoy reading D4L posts because it is a learning experience. Each month, I find myself understanding a little more.

Dollar Frugal talked about Transportation - Week 1 where she shares her driving habits and how she makes an effort to stick to 55 mph which in turn extends her MPG to 37 MPG. In other words, that’s 370 miles for every 10 gallons. It is hard to restrain yourself while driving because drivers demand to “get there” quicker. The 55 MPH speed limit was actually set during the last gas crisis so that should tell us something.

Her Every Cent Counts has been away so I wanted to check out some of her older posts and have to admit that her Sharebuilder Experiment - An Expected Failure? is teaching me a lesson or two about stock picking.

How I Save Money talks about How I Save Money on Buying Gas. (Great use of the keywords.) In this day and age of the Internet, finding the best gas prices has never been easier and Lulugal uses Gas Buddy to help find the lowest price. I will have to start learning more about this tool. It is not about being cheap but maximizing your wallet with smart shopping and this includes gas.

Living Off Dividends and Passive Income announced that he earned $2811 in Passive Income for the month of May. I have to admit, I am getting inspired by this blogger’s effort to create multiple income streams. I will have to start doing my own passive income reports so I can measure my progress.

Saving For A Home Of My Own talks about Frugal vs Not So Frugal Hobbies. Hobbies are great to have because they are something you enjoy. Not all of them are economical though. In a way, SavingDiva is doing a good job balancing her hobbies to keep expenses low wherever possible.

Other Personal Finance Bloggers

Enginero posted about Food Budget - Stretch It Out Part 2. There are some valid points in his methods to conserve expenses. Having worked in the galley aboard a cruise ship in Alaska, I can certainly tell you how much I am amazed at how people throw food away in restaurants. So I am not surprised to know inside our own homes, there’s always some food we make that goes bad and we end up throwing it away. Why is that? What’s so difficult about eating leftovers the next day for a light meal?

Free From Broke talked about By What Cover Is Your Book Judged? which really got me thinking because of how I share some things about my life but prefer to keep the rest to myself because it is nobody’s business. It seems to be the the way I communicate sometimes. I can write very well but being Profoundly Deaf, I am not always comfortable talking even though I get the usual comment that my speech is better than most people.

One of my favorite blogs, MoneyNing gave us A Quick Update on Etrade which tanked after he bought a couple shares. It certainly has made me wary of financial services stocks.

Moolanomy posted a great post about Insurance Coverage and Opportunity Costs. This jury is still out on the insurance but I do know that the more assets you have to loose, it is worth considering insurance to protect them. However in this case, with life insurance, that is a good question.

I am very curious about what would happen if one of the borrowers defaulted on a loan I made through Prosper. Passive Family Income posted about Tracking a Bad Prosper Loan with a borrower who has an A credit rating and is 2 months behind on payments. The important message here though was that PFI extended this loan before setting a selection criteria for loans. Just like the banks, you should always have certain criteria in place before you make any loans.

I recently came across a new blog, No Debt Plan which I have been enjoying. Last week, he talked about how We’re Beating our Cash Back Record with AMEX. While I am not a big fan of credit cards, I have to admit that I am learning quite a bit about his strategy.