Best Of Money Carnival #96: Bible Money Matters

Posted: 28 Mar 2011 04:17 AM PDT

I hosted the Best of Money Carnival once before, quite a while back, and I had forgotten just how much work it is to put one of these together . It’s always a fun time reading these and trying to pick the 10 best articles of the week, and this week we had over 75 submissions to choose from. I’ll tell you, it takes quite a while to get through that many articles!

If you’re looking to host the Best of Money Carnival or if you just want to check out past winners, head on over to the carnival site, where all past hosts and winners are linked. Next week’s carnival will be hosted by Yes, I am Cheap, so stay tuned for that.

Best Of Money Carnival

After poring over the 75+ entries, and also considering a few other posts, here are the top 10 posts I chose for this week.

10 - Rob Kuban’s post, Family Debt: Consider the Impacts of Household Financial Obligations examines the implications of having family household debt at One Money Design. It really is eye opening sometimes just how bad the debt can get, and how much of a negative impact it can have.
9 – Matt Jabs implores us to consider using our own homemade solutions to come up with the answers to life’s problems in his post Beat The Odds and Save Money by Doing It Yourself posted over at Debt Free Adventure. Why not consider using your own solution next time you have a problem, instead of automatically using the solution marketed to us by a big corporation!
8 – Joe Plemon talks about how people consider selling their home to get out from under debt in his post, Selling Your House to Pay Off Debt: Good Idea or Bad? over at Personal Finance By The Book. His concern is that selling their home is only a band-aid to the read problems that they may be facing. Thought provoking post!
7 – Mike Piper looks in depth at when an retiree should consider taking benefits in his post, When Should I Take Social Security Benefits? (Single Investor) over at Oblivious Investor. This post may be timely for my father who is looking at retirement after this school year.
6 – Laura Adams looks at a situation that far too few have to deal with, What Happens If You Contribute Too Much to an IRA? posted over at The Military Wallet. So is there a penalty? Head on over to find out.
5 – Jeremy looks at a topic that I may be having to check out sooner rather than later, Finding Health Insurance if You Are Self-Employed posted over at Generation X Finance. As more people have a tough time finding jobs and investigate starting their own business or freelancing, this may become even more important!
4 – Neal Frankle examines how to investigate which mutual funds are the best performers, and why he believes it can be an effective tool in investing in his post How to Use Mutual Fund Performance posted at Wealth Pilgrim.
3 – Amanda L Grossman takes a look at how compulsive spenders can reign in their spending with her post Physical Restraints to Help Shopaholics Stop Spending Money posted at Frugal Confessions – Frugal Living. Sometimes if you know you have a spending problem, you have to take the extra step!
2 – Everything Finance examines the investing habits of the wealthy in the post 10 Investing Habits of Rich People at Everything Finance.
1- PT gives us a list of things that people can do to make better spending decisions in his post 10 Things You Can Do Today to Spend More Wisely posted at PT Money. He makes suggestions to improving your spending decisions and talks about prioritizing your spending, tracking it and finally, implementing spending controls. The post isn’t that long but gives us a lot of great information in a short amount of time. That makes it my pick for the top post of the week! Congrats!

Thanks for stopping by for this week’s carnival, and don’t forget to submit for next week’s carnival! Best Of Money Carnival

This article was written by Peter Anderson. Peter Anderson is a Christian, husband to his beautiful wife Maria, and father to his baby boy, Carter. He loves reading and writing about personal finance, and also loves a good board game every now and again. You can find out more about him on the about page or check out his design site at http://www.logosforwebsites.com. You can also follow him on Twitter at @moneymatters.