Welcome to the 450th edition of the Carnival of Personal Finance. Today I’m going to share some of my favorite quotes with you!
The best of…
â€śTake your life in your own hands, and what happens? A terrible thing: you have no one to blame.â€ť â€“ Erica Jong
You’re responsible for everything. Holding yourself accountable is key to getting ahead.
Harry Campbell from The Four Hour Work Day presents How Much is Your Time Worth?, and says, “When I was young, my dadâ€™s favorite line to get me to do something that he didnâ€™t want to do was, â€śYouâ€™re young, your time isnâ€™t worth as much as mine.â€ť And back then he was right, my time wasnâ€™t worth much as a kid and my dad obviously thought his was. As I grew older though, I started taking on more and more responsibilities and trying to fit in additional stuff on my plate. In college, I worked a few odd jobs here and there, played intercollegiate volleyball and majored in aerospace engineering. I was very busy but I enjoyed every minute of it.”
An interesting take on the value of time. I personally think that while time is valuable, it can sometimes be too tempting to justify every little expense as not being worth your time. I do this with eating out all of the time.
Leslie H Tayne, Esq. from Tayne Your Debt presents The Costs of Becoming an Olympian, and says, “While the cost to host the Olympic Games is often the main point of discussion, the debt many Olympic athletes (and Olympic hopefuls) accrue throughout their competitive careers is equally as significant and staggering. The costs of coaching, equipment, traveling to competitions, and a proper diet can rack up to six figures over the course of a ten year competitive career.”
Nobody ever talks about this. We want to celebrate with the athletes, but nobody wants to show up to practise. Honing your craft is very expensive.
Alexa from Single Moms Income presents Stop Comparing Yourself to Other People, and says, “At one point or another we compare ourselves to others and feel inadequate. To find true happiness you need to stop comparing yourself to other people.”
I’m guilty of this one. I’m a very competitive person naturally. I want it all. I have to realize that I can’t have it all.
â€śSuccessful people learn from failure, but the lesson they learn is a different one. They donâ€™t learn that they shouldnâ€™t have tried in the first place, and they donâ€™t learn that they are always right and the world is wrong and they donâ€™t learn that they are losers. They learn that the tactics they used didnâ€™t work or that the person they used them on didnâ€™t respond.â€ť â€“ Seth Godin
Well said. Failure is not final nor fatal my friends.
Daniel from Make Money Make Cents presents These 5 habits may change your financial life, and says, “Every year it is proven that most New Year’s resolutions are not kept, mainly because most of them are simply aimed too high.”
Sustainable PF from Sustainable Personal Finance Blog presents 3 Times it Makes Sense to Pay Someone Else to Do Something For You, and says, “Just because you can do something does not mean that you should. Here are 3 times it makes sense to pay someone else to do something for you:”
Jason from The Money Makers presents Zimmerman Wins Lottery: A Prank, but What Are the Real Odds of Winning?, and says, “Satirical reports regarding George Zimmerman have been misconstrued as factual by several media outlets, which have led to the belief that the man who killed Trayvon Martin is now a multimillionaire due to a lucky lottery ticket.”
Oscar from Money is the Root presents Look at your Credit from a Lenders point of View, and says, “If you are keen on improving your credit in 2014 one of the best ways to do it is to look at your finances from a lender’s point of view.”
Donna Freedman from Money Talks News presents How to Find Thousands of Freebies, and says, “Want something for nothing? Go online, because Freecycleâ€™s got company.”
Pauline from Savvy Scot presents Downsizing your home: rules for going small, and says, “Downsizing to a smaller home is a big adjustment, and requires lifestyle changes. It’s well worth it when you think of the money, time and energy you save. Add that you are using fewer resources, and you have a win-win situation.”
Pauline from Make Money Your Way presents How to Set Rates for Your Side Hustle, and says, “Harry talks about how to set your freelance and side hustle rates when you get started working on your own.”
Monica from Monica On Money presents How To Save Money Even If You’re Broke, and says, “If you are living paycheck to paycheck and struggling to save any money, here is an idea to start saving money, starting with just $1. You do not need to save hundreds of dollars each month to make progress.”
Marissa from Thirty Six Months presents Making Your Income Go Further, and says, “If you are on minimum wage or a low-paying salary and are struggling to make ends meet, or finding it a challenge to afford any of life’s little luxuries, you might need to think about how you can be smarter with your money.”
Sam from The New Business Blog presents The Essentials of Digital Marketing for Small Business, and says, “Digital marketing is a very cost-effective tool for small business owners with a high ROI that beats most any of the traditional marketing forms.”
The best of the rest…
â€śBusiness opportunities are like buses; thereâ€™s always another one coming.â€ť â€“ Richard Branson
Stop stressing over the perfect idea. Just do something. Make things happen!
Emily from Evolving Personal Finance presents Why I Love Joint Finances, and says, “My husband and I keep completely joint finances, and we love it! I give both philosophical and practical reasons for our position.”
Hadley from Epic Finances presents Financial Advice for Keeping Your Business Afloat, and says, “Sitting down and managing your finances and accounts is never going to be something you look forward to. However, it is essential for keeping your company afloat and keeping heaps of debt at bay.”
Amy from Money Mishaps presents How to meet your 2014 Retirement Goals, and says, “If you are among the millions of Americans that made a resolution this year, what we would like is that you become the 8% that actually reach your goals and keep your resolutions.”
Miss T. from Prairie Eco Thrifter presents How to Freeze Your Credit and Protect Yourself from Identity Theft, and says, “If you prefer to use credit cards for the convenience as well as the credit card rewards, you may instead choose to freeze your credit. This is the most fail-proof way to protect your identity.”
saverspender from Save. Spend. Splurge. presents How much do top-tier fashion bloggers make as a salary?, and says, “How much do top-tier fashion bloggers make as an income? I go into a bit of detail of how much it costs to “invest” in a style blog, as well as estimates on their gross income and other sources of income.”
Aaron from Aaron Hung presents Protecting Your Money in 2014, and says, “Most investors concentrate on one thing; their returns. It makes sense of course but the fact is that it is easy to get obsessed with ROI and percentage points.”
Justin from Edward Antrobus presents 3 Lame Excuses for not Investing in a 401(k), and says, “There are plenty of justifications that people use for neglecting to invest in an available 401(k) but, frankly, very few of them are all that good.”
Natalie from Debt and the Girl presents My Favorite (Cheap) Party Foods, and says, “Oh, delicious food! Why are you so tempting to eat? There are just too many crazy good party foods on the market today. Some are more expensive than others. I am a big lover of all things tasty in the food world but saving money is great too.”
Larry from KrantCents presents Would a Countdown Clock Make You More Productive?, and says, “As often as I watch sports, I sometimes forget that the clock which counts down to zero as the game continues. Does this create urgency amongst the players to perform? Perhaps, we need a countdown clock for every day of our lives to motivate us!”
Holly from Club Thrifty presents Park Avenue and the One Percent, and says, “As many of you probably know, Holly and I like to watch documentaries.”
Bob from Dwindling Debt presents Social Security and Part-time Income. What you should know, and says, “These days more Americans than ever before are going to be working past the traditional age of retirement.”
Lily from Paying Debt Down presents Top 2014 Money-Saving Tips, and says, “With 2013 coming to a close many people are looking towards 2014 and finally becoming financially independent. The fact is however that while 34% of us set financial goals, only 8% of us actually reach them, at least according to a study published in the Journal of Clinical Psychology that was done by the University of Scranton.”
Andrea from So Over This presents Improving Your Credit as a Single Parent, and says, “Regardless of whether you are divorced or have never been married, being a single parent can have a significant impact on your personal finances.”
Matt from Budget Snob presents The Good news about your Credit Score, and says, “Whether it is the interest you pay on your mortgage, your ability to get a car loan or being able to get a credit card with an excellent APR, your credit score, and making sure that it is a good one, is vital.”
You like this carnival?Â Be sure to submit your articles for next weekâ€™s edition, using the followingÂ submission form.