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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Hello and welcome to the 316th Carnival of Personal Finance- Family Edition. This week I am reminding you all about those special people in your life- your family. It was during this rather taxing weekend that I was reminded of how great a loving family can be. Families are our rock, our support system, and our fans.

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How Long Should You Keep Financial Documents

Family Balance Sheet

Bank Statements - One nice thing (among many) about the electronic age is that banks keep statements online up to a couple of years. Our personal bank has statements online all the way back to 2006. Keep the quarterly statements for your 401k or other IRA accounts until you receive the annual statement.

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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”. Thank heavens she had sense enough to ignore that advice. The bond market was at a high at the time. Stocks were cheap.

Money 170
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P.E.P. for the Week of January 24-28, 2010- Adjustment Edition

Prairie Eco-Thrifter

Moolanomy tells us how we can reach our savings goals by using virtual bank accounts. Personal Finance by the Book askes if we should borrow from our 401K? Passive Family Income shares with us the tricks to making money off Squidoo. Lending money to family and friends can get really tricky to say the least.

January 124
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Carnival of Financial Planning – Money Management Edition #236 – May 11, 2012

Prairie Eco-Thrifter

Wayne presents Unexpected Costs of Pet Ownership posted at Young Family Finance , saying, “Pet ownership can be quite expensive. After all it was not the people who caused the problem so why should they suffer while the banks get off scot-free? If you are considering getting a new pet, make sure to consider these costs.

Money 113
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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? Bob presents 401k Hardship Distributions: What you need to know posted at ChristianPF , saying, “Hopefully you don’t know what hardship distributions and hopefully you will never need to know.

Money 133