Editor’s note : With thousands of Personal Finance blogs on the Internet, it can be daunting to wade through them to find a few personal finance blogs that you can identify with. It is with this goal in mind that I will review a personal finance blog each week to help you understand a little more about the blog itself. Hence the title, Weekly Personal Finance Review or WPF for short.

Weekly Personal Finance Review

Passive Family Income (referred as PFI here) is a brand new personal finance blog. Having arrived onto the scene during the tail end of April 2008, this blogger appeared on my “radar” with several comments here on my site as well as a few other members of the Wealth, Money & Life Network. According to the blog, they are a single income family with two children.

Three Posts That Makes You Think About Personal Finance Matters

The balance between family & friends - PFI really pinpointed the logic behind the decision to cook for Mother’s Day instead of going out for brunch. I can certainly understand that “point of view”.

After all, for the price of four, you could have feed a gathering of 20 and have some of them help do the cleanup afterwards. That’s the biggest obstacle to cooking, the cleanup. It reminded me of one of my old post, the wildly popular How NOT To Go To A Bar Or A Club that I wrote last year when I first came onto the scene.

A very nice post about Teaching our children about spending and saving illustrated the simple truth about how it is important to learn personal finance management at home because it is not being taught in our schools. I can remember as a child how much I enjoyed playing with my toy, a cash register (you know, the small register where you could put in pennies, nickels, dimes and quarters?) and seeing the numbers add up but it never really hit me what spending meant until I started living on my own.

Being a Prosper lender myself, I am always reading about other Prosper lenders’ experiences to learn the good and bad experiences. In this case, Tracking a bad Prosper loan highlights the risk of of lending, regardless of the solid credit grade (A) and low interest rate (14.75%). Any loan investment you make, especially an unsecured loan, always will have an inherent risk that the borrower may default.

My Thoughts

This is a very good blog, granted a new one at that but over time, we will see this blogger grow. The layout of the website is a little difficult to navigate but the archives make for an easy read through the older posts. I am sure this will improve over time. I started out the same way, just threw myself into blogging before I finally got around to figuring out how to get the most out of my blog for my readers.

Editor’s Note : At the time of posting, the site’s overall design and layout has improved tremendously. Much easier to read and especially navigate through the site to find the posts that interest you. I highly recommend visiting it.

What makes this blog get off to a strong start is the comments the blogger is leaving as well as the solid writing. There are several interesting topics PSI is focusing on so it will be interesting to see how PSI’s experiences turn out over time.