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Carnival of Financial Planning – Money Management Edition #231

Prairie Eco-Thrifter

Wayne presents Purpose of Budgeting posted at Young Family Finance , saying, “Are you left wondering why you should budget? David presents Wired Capital Markets posted at Wall Street History , saying, ” Looking into the workings of modern securities markets is like looking under the hood of a Prius hybrid car.

Money 133
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Seniors – Keep Your Allocations

Prairie Eco-Thrifter

Examples of financial advisor suggestions that would have steered my family wrong: An estate trustee at a bank recommended selling off Chevron stock that my Aunt owned “because it is too risky”. Vanguard’s Personal Financial Planner thought I should change invest all my retirement money in bonds when I moved it from my 401K to an IRA.

Money 170
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How Long Should You Keep Financial Documents

Family Balance Sheet

For other receipts from a credit card for example, groceries or gas, keep until you get your next statement to look for any errors. Keep the quarterly statements for your 401k or other IRA accounts until you receive the annual statement. I use a small accordion file with 12 monthly files for credit card receipts.

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Yakezie Carnival October 16, 2011- Growth Edition

Prairie Eco-Thrifter

Now without further adieu, I present you with the dozens of great reads written by Yakezie members and challengers alike this past week in our efforts to bring you timely insight on personal finance and lifestyle today. You will learn exactly what settings, plugins, and themes he uses. Here is a real life example.

October 200