Canadian Finance Carnival #64

Budgeting

Hank at Money Q & A presents 7 Ways Not to Go Into Debt This Christmas, saying “Things are rough this year for many families across the country, but that doesn’t mean that you should add to your debt to make up for it this holiday season.”

Jason at Live Real, Now presents Budgeting Sucks, saying “Filling out a spreadsheet, putting in all of your expenses, listing all of your income, tracking all of your spending. Yuck. It’s too much work. Here is the new plan:”

Beating Broke at Beating Broke presents What Motivates Your Finances?, saying “What motivates your finances? What is the purpose that drives you to reduce your debt and make more money? For me, the one thing that keeps coming back when I ask myself those same questions is the idea of freedom.”

Ashley at Money Talks Coaching presents Enjoy Your Money, saying ““People who spend responsibly enjoy their money just as much as people who don’t.””

Business

Marissa at Thirty Six months presents 5 things to do before starting a new business, saying “Here are 5 things to consider before starting a new business.”

Andrea at Create Hype presents How Can You Be Profound at Marketing?, saying “You want to be profound at marketing? It’s all within who you are. In my first post, The Best Kept Secret to Creative Business Success, I asked you to focus on what makes you feel vibrant.”

Career

Andrew at 101 Centavos presents Career Tip 14 – Right vs. Wrong, saying “I asked this question once of an interview candidate: “When is there a right time to do the wrong thing?” Find out what the ideal answer is and why it doesn’t always apply.”

Daniel at Sweating the Big Stuff presents Are Half Day Fridays the Best Perk Ever?, saying “Find out the many benefits of having a half day off every Friday. Do any other perks compare to it?”

Teacher Man at My University Money presents The Power Of Rate My Prof, saying “For those of you that have been blindly picking courses based on what someone’s second cousin thought, I am about to make your academic life a whole lot easier.”

Briana at Personal Dividends presents Take a Year Off to Explore the Real World, saying “Utilize a gap year to clear your head, explore the real world, and have the time of your life while being able to put some amazing things on your resume that your peers won’t be able to do.”

Debt and Credit

Matt at Living in Financial Excellence presents How To Kill Credit Card Debt Fast, saying “Today we answer a question from the mailbag about how to eliminate credit card debt more quickly and whether balance transfers are effective for helping you get out of debt.”

Marie at Money Spending Mommy presents Use Online Loan Calculators and Save Money, saying “Using a loan calculator can help you choose the best loan. It can also help you determine how to pay the loan off as quickly as possible. Take advantage of these free online tools and save!”

Janet at Credit, Eh presents Teach Your Child Responsible Money Habits: Credit Card Education Centre, saying “One of the most important lessons your kids can learn is how to use credit cards responsibly. Credit cards are a big part of finances these days, and your teens need to learn how to use them in a way that benefits them — rather than ending up in debt.”

Economy

Darwin at Darwin’s Money presents Income Disparity is Actually Good. Here’s Why , saying “With all the outrage from the Occupy movement worldwide, you’d think income disparity is a bad thing. Well, it’s not and here are the reasons why.”

Jon the Saver at Free Money Wisdom presents How the Financial Meltdown Has Changed All the Rules–Or Should Have, saying “But here’s the problem… In today’s economy, money is no longer just a medium of exchange—it’s become an asset unto itself. We still use it to trade, but it’s become something much more. Success is now defined as earning, acquiring, preserving and growing as much money as possible. The end game is no longer to produce as much food, fish, minerals, shoes or widgets as possible, but to earn as much money as possible!”

Investor Junkie at Investor Junkie presents Could Your Business Handle Another Recession?, saying “It doesn’t hurt to be ready for the next economic setback. It’s always a good idea to shore up your business finances, and be prepared for whatever might come your way. So, as you try to avoid falling into panic, here are some things to consider:”

Extra Income

Justin at Money Is the Root presents Discover Your Side Hustle, saying “In this day and age everyone needs a side hustle to help keep their finances in afloat. Some people do lawn care or clean houses on the weekends, while others turn to the internet to pull some extra income in, but the fact remains that almost everyone is feeling the pressure of the current economic situation and are turning to side hustles to maintain a level of comfort ability.”

Martin at Studenomics presents The Best High Paying Part Time Job, saying “I share my experiences working as a soccer ref for a few seasons.”

Miranda Marquit at Planting Money Seeds presents Money Mindset: Earn More or Spend Less?, saying “Really, it’s more about the mindset than anything else. Rather than talk about spending less, I like to think about earning more.”

Frugality

Lina Zussino at Baby on a Budget presents Canada Education Savings Grant and your child’s education, saying “Education is high on my list of priority to provide for my child, the question is how am I going to start planning or how much should I be planning for? Some parents may suggest that their child pays for their own education, which will teach them more about money”

Steve Zussino at Grocery Alerts Canada presents How to Save Money on Your Kid’s Next Birthday Party, saying “If you have kids, then you probably know that birthday parties can end up taking a good chunk out of your wallet. After you buy the decorations, food, presents, a cake you could easily spend $200 or more.”

Peter at Bible Money Matters presents 8 Easy Tips to Reduce Your Electricity Bill This Winter, saying “Luckily, there are some things that you can do during the winter, and other times, to help reduce your electricity bill while still living comfortably.”

Mr. Money at Smart on Money presents How to Save Money Every Month, saying “Here are 10 easy ways to save money on your regular and not so regular bills. Get creative, don’t accept the status-quo and look for savings in places you maybe didn’t even think to look before.”

Lazy Man at Lazy Man and Money presents Homemade Hummus: Easy Recipe!, saying “The savings between $3.99 and $2.57 may not seem like much, but you get an extra four ounces of hummus when you make it at home. Also this hummus is extremely easy and can be made in about 3 minutes using many ingredients that you have around the kitchen. For a lot of people, that’s not bad return for the time spent.”

Crystal at Budgeting in the Fun Stuff presents Getting Ready for our First Hosted Thanksgiving, saying “We’re hosting Thanksgiving this year; this means we’ve come up with a menu, have already done the shopping, and that my food budget for the month is most probably going to be shot to hell, lol. Oh well – it’s the holidays.”

Pam at Frugal Living presents Swap and Save, saying “In these tough economic times, more and more parents are gathering together for old fashioned swap meets. Here are a few tips for starting you own swap meet.”

Kelsey at Money Mum presents Keeping Warm on a Budget, saying “There are plenty of easy, inexpensive ways to fend off the cold and save money, so consider some of these ideas the next time you need to warm up:”

Investing

Neal Frankle at Wealth Pilgirm presents How to Start A Freelance Business From Scratch, saying “You can easily start a freelance business from scratch. All you really need are strong entrepreneurial ideas. You won’t need an office or to set up a separate legal entity to get going either. You also don’t need a great deal of start up capital because as a freelancer, you’re selling your time….not a product. And since you’ll probably keep your day job, you don’t need a pile of working capital either. Simple.”

Evan at My Journey to Millions presents Why Young Investors Shouldn’t Shy from Stocks, saying “For young investors, investing in the stock market is a great decision because:”

D.J. at The Family Wallet presents Difference Between Health-Care Proxy and Living Will, saying ” Here are some of the different elements of living wills and health-care proxies. “

Kanwal Sarai at Simply Investing presents Do Mutual Fund Salespeope Favour Commissions Over the Best Interest of Their Clients?, saying “No one cares more about your money than you do. So you owe it to yourself to learn how to invest responsibly, learn how to invest in quality companies when they are undervalued, and save thousands of dollars in fees in the process.”

Lisa at Thriftability presents Three Strategic Ways to Earn Extra Money Online, saying “Working from home not only saves on expenses to commute back and forth to work, but you may also be able to save on child care, work wear, and those daily lunches out with the office crew.”

Sustainable PF at Sustainable Personal Finance presents 4 Tips for Cheap Dating, saying “Once you open the fountain of creative thinking in relation to date nights, I think you’ll be amazed at all the fresh ideas you come up with that don’t cost much money.”

SavingMentor at HowToSaveMoney.ca presents magicJack: A Canadian Review Of The Money Saving Telephone Device , saying “We have been using magicJack successfully ever since and I’m happy to report that it is definitely not a scam! That’s not to say that there weren’t any problems with it, there were, but they were trivial in comparison to the amount of money that magicJack will save us every month for as long as we continue to use it.”

Ryan Yates at Deliver Away Debt presents The Truth About Living Debt Free, saying “Don’t buy into the delusion that only the wealthy can reduce their debt; the truth is that anyone can live debt free. Reducing your debt boils down to common sense financial strategies and old fashioned hard work.”

Glen Craig at Free From Broke presents Don’t Get Too Hung Up on the Value Investing vs. Growth Investing Debate, saying “People like to pigeon-hole their investing style. Some stick to value investing while others are growth investors. Don’t get hung up on the value investing vs. growth investing debate. Many stocks blur the lines.”

Mike at The Financial Blogger presents How To Find The Idea That Will Make You Rich That’s Not In This Post!, saying “We help you find your next money making idea.”

Div Guy at The Dividend Guy Blog presents Uncommon Portfolio Diversification, saying “Ways you can diversify your portfolio that you may have not thought of.”

Jim Yih at Retire Happy Blog presents Online guide to working with Financial Advisors, saying “Everything you need to know and more about finding and working with financial advisors.”

Group Benefits Guy at Group Benefits Online presents What is an investment management fee (IMF)?, saying “In the world of the group savings plans, the terminology for the equivalent of the MER is an Investment Management Fee (IMF).”

Lifestyle

Corey at 20′s Finances presents My Financial Goals, saying “Establishing financial goals are important when you are trying to save for the future. Find out what my goals are.”

Money Cone at 5 Must Watch Movies for Money Mavericks presents 5 Must Watch Movies for Money Mavericks, saying “Here are five of my favorite ‘money themed’ movies in no particular order…”

Jim at Free by 50 presents Mega-PC for All Your Home Entertainment, saying “The mega-PC is potentially cheaper and better in many respects than buying the individual electronics.Lets consider the pros/ cons of building such an all-in-one Mega PC”

Miss T. at Prairie Eco Thrifter presents How to Establish an Eco-Friendly Lifestyle at Home, saying “Here are just a few ideas to get you started with going green. Look at applying these strategies in your home; you will probably find that you can influence your immediate circle of friends and relatives and possibly your local community.”

Green Panda at Green Panda Treehoue presents You Will Get Out Of Your College Education What You Put Into It!, saying “Why college is all about what you put in.”

Other

Echo at Boomer & Echo presents 11 Steps To Financial Freedom – Create Or Update Your Will, saying “Every adult who owns assets and has a spouse or children should have a will. An accurate and up-to-date will is the only way to ensure your assets will be distributed the way you want them to be.”

Briana at Stupid Cents presents Personal Financial Calculator For Dummies, saying “The Personal Financial Calculator For Dummies isn’t just an ordinary 10 digit calculator, it’s all about helping you understand personal finance.”

Real Estate

Corey at Passive Income to Retire presents Real Estate as Passive Income, saying “Real Estate investments can be one of the most passive investments out there. Find out how!”

Retirement

Kevin at Invest It Wisely presents Becoming a Renaissance Man: Early Retirement Extreme, saying “By following the practical advice in the book, Early Retirement Extreme, you can restructure your life and get out of the rat race at an age you never would have thought possible.”

Cash Flow Mantra at Cash Flow Mantra presents A New and Improved 401k, saying “Even though I really suck at budgeting and don’t like it, I am really good at paying myself first and planning for the future. I will not be falling into that trap of not having enough for retirement. I have contributed the maximum for the last 10 years and will be doing the same with this new arrangement.”

Saving

Jason at One Money Design presents Money 101: What is Compound Interest?, saying “I’m always amazed to read a good overview of how compound interest works. Hopefully, some parents will use this as a resource to teach their children this wonderful financial principle.”

Jason at Best Children’s Savings Accounts HQ presents Best Instant Access Savings Accounts, saying “Access your money without penalty using instant access savings accounts and help your child save for the future.”

IS at Intelligent Speculator presents The Truth About Making Your First Million Dollars, saying “What you need to know about your first dollars.”

Taxes

Ronika Khanna at Montreal Financial presents 9 Tax Facts About Charitable Donations For Individuals And Small Business Owners, saying “The Canada Revenue Agency (CRA) has specific criteria for what qualifies as a charitable donation and not all good acts qualify for a tax benefit.”

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Written by Tom Drake

Tom Drake is the owner and head writer of Canadian Finance Blog. While you’re here, consider signing up for the RSS feed or email subscription. Both deliver the latest articles directly to you everyday! Have a Twitter account? Then follow me for all the latest posts or to send me any comments or questions!

3 Responses to Canadian Finance Carnival #64
  1. Thanks for hosting and including my post!

  2. Wow, amazing list Tom!

  3. Why don’t you add any carnival information about Forex?
    Or it can appear in Investing section?

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