Thursday Link Love And Carnival Roundup
The Finance Blog Network
Here are some good posts from my fellow Finance Blog Network members recently.
Six Sure-Fire Ways For Students To Ruin Their Financial Future by Andy at Saving To Invest. Sometimes the simplest advise is also the best.
Is Out-sourcing The Cause Of The Recession? by Curt at Penny Jobs. I think out-sourcing gets a bad wrap, mostly because the downsides are far more visible than the upsides.
Carnival of Personal Finance #167
Special thanks to Broke Grad Student for hosting the olympic-themed Carnival of Personal Finance #167 and for including my article exploring why the dollar is falling was included in this week’s carnival. Here are a few of my favorite posts from this week’s carnival.
How Much Do Bloggers Make? by Kimberly Palmer at The Alpha Consumer. Contrary to popular belief, blogging is NOT a quick way to riches. Check out the hours Lazy Man and Money puts in!
The Economics of Minimum Wage by the Personal Finance Analyst. I’ve said it before and I’ll say it again: the economy is a giant, complex system. You can’t change any one parameter without affecting everything. Raising the minimum wage isn’t a magic bullet that will erase poverty. Raising the minimum wage is a good way to buy votes, but not a good way to help the poor.
Extreme Risk Aversion Paradoxically Leads to Another Huge Risk by The Personal Financier. The biggest risk in investing isn’t temporarily losing money in the market but not having enough money to meet your living expenses in retirement. Those who eschew long-term risk in exchange for short-term stability will likely regret their decision.
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