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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Crystal from Stupid Cents talks 401k Allocation and where to put your money. Tom Drake from Canadian Finance Blog clarifies our Understanding of Term Life Insurance. Yes I know summer just arrived but he has a point. Shawanda Greene from You Have More Than You Think presents Why’s It Got To Be All or Nothing?

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What Can Go Wrong – Naming a Beneficiary

Prairie Eco-Thrifter

Being the smart person you are, you you sign up for a 401K with company matching and do the right thing by starting to pump as much into it as possible. In 5 years – you’ve married and had a baby, but your 401k still goes to Mom and Dad when you die. Be sure and specify a final landing point if all beneficiaries pre-decease you.

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Totally Money Blog Carnival #18 – 6 Ways to Save Money Edition

Prairie Eco-Thrifter

All my life I have been told to not sweat the small stuff; that the little things don’t matter. While in some cases this is true, FruGal has a point here. Ramsay presents Borrowing From Your 401k. Amazon.com has its own credit card, which earns 3 points for every dollar spent at the vast online store. Time to start!