Carnival of Money Pros — April 13, 2014

Chicken-Little-classic-disney-218743_1280_1024Welcome to the Carnival of Money Pros — April 13, 2014.

It’s been a bad couple weeks in the market. We might be headed for a 10% correction. The S&P 500 closed the week at 1815.69. The closing high for the S&P 500 was 1897.28 on April 4. The S&P is down over 4% in this month, alone. Lots of big-name tech stocks have sold off. Big bank profits are down. US producer prices rose 0.5 percent in March. What will we do?

I will tell you what I am going to do. Nothing. Or at least, I will do nothing different than what I have been doing for the past several years. That is to keep saving and investing in enough of my paycheck in my 401(k) every payday to maximize the allowable contribution by year’s end. My wife and I have already maxed our Roth IRA contributions for 2014. We will also continue to put additional funds into our taxable investment account throughout the year. We will look at rebalancing our asset allocation on my birthday later this year.

Since we will not be changing our investment strategy due to current events or market conditions, I have time to read other personal finance bloggers, who may actually have some ideas to help us save money.

I hope you feel like reading, too. With that, I give you the Carnival of Money Pros.

Thomas @ i need money ASAP! writes Alternatives To Payday Loans – No one should have to take out a payday loan. At 700%+ APR these are instruments of financial destruction, not wealth creation. Here are some alternatives before you consider a payday loan.

Emily @ Evolving Personal Finance writes March 2014 Month in Review: Money – We had an unexpected large expense this month – could our budget weather it?

Mario @ Adventures in Frugal writes Gift ideas on a budget for millennial guys in their 30s – Men are pretty tough to shop for — millennial guys perhaps more so; this guide offers a strategy for a few inexpensive gifts and gives a few examples

Gretchen @ Retired by 40! writes On My KitchenAid Mixer and Frugality – If it ain’t broke, don’t fix it, right? What my Ugly KitchenAid Mixer Teaches Me About Frugality

Andrew @ Finance with Reason writes Should I Join a Wine Club? Ask yourself these questions – Joining a wine club has benefits such as discounts and free wine tastings, but before you join a ask yourself these questions to make sure it’s worth it.

GYF @ Gaming Your Finances writes Should I Start A Blog… YES YOU SHOULD! – Almost one whole year blogging, who knew it would last so long?! Check out this weeks post for all the reasons you should give blogging a try.

Brock Kernin @ CleverDude writes Is a Phone/Tablet Protection Plan Worth The Cost? – I just bought a tablet, and a protection plan to go with it, did I waste my money?

Richard Adams @ writes How These 17 People Paid Off $1,000,000 Of Debt – Today I thought it would be useful to look at some inspiring examples other financially-savvy individuals getting out of debt. Hopefully the stories will not only provide you with inspiration that is it possible to become debt-free, but additionally provide some guidance and tips on the best way to pay off debt based on the experiences of others.

David Leonhardt @ The Happy Guy writes The ins and outs of life insurance riders – Insurance policies are among the most customizable of financial services, thanks to something called riders. Let’s take a look at some of the most common insurance riders.

Daniel @ Make Money Make Cents writes Retirement Fund Sustainability | Will My Retirement Monies Run Out On Me? – Retirees are savvy individuals who have already put in the time and effort to develop their nest-eggs.

Oscar @ Money is the Root writes Pension fund problems being felt all over the US – If you thought that Detroit was the only American city with big-time financial problems, you wouldd be wrong.

Jay @ Daily Fuel Economy Tip writes The 6 Best Cars you can Purchase Used for Under $10,000 – These days, the average American cannot exactly afford to go out and purchase a new car every three or four years.

Danielle @ Saving Without a Budget writes Tips for Buying in Bulk – No matter who you are, a trip to the grocery store almost always ends the same way; you end up spending way too much.

Matt @ Budget Snob writes Who needs an Emergency Fund? If these things happen, you do. – If you have been an adult for any length of time you know that life is full of surprises, some good and some, well, not so good.

Jack @ Money Saving Ethics writes Accelerating My Retirement | How Can I Retire Faster? – There are definite methods to accelerate retirement. There are tips, tricks, plans and procedures to engage that can shave loads of time off your retirement age, but you have to understand some rather bleak facts first.

Amy @ Money Mishaps writes Organization is the Key to a Less Stressful Divorce – Frankly, getting divorced usually means a lot of difficulty and emotion. We can’t really help you with the emotional side of divorce, but when it comes to reducing your stress financially, we can tell you that being prepared and organized is one of the best ways to do it.

Lenny @ Best Money Saving Blog writes Obama’s New Budget Proposal Bad News for Consumers Unprepared for Retirement – Experts are saying that the budget for 2015 proposed by President Obama will be an absolute disaster for millions of Americans who are not fully prepared for retirement.

Hadley @ Epic Finances writes What’s the secret behind top-performing mutual funds? Just ask Joe Huber – When it comes to owning mutual funds, nearly half of the households in the United States own them today, according to the Investment Company Institute.

Andrea @ So Over This writes Unexpected Health Risks of a Bad Night’s Sleep – Several ill effects of a lack of sleep are well-documented. From feeling out of sorts to being short-tempered, the common side effects of sleep deprivation will come as no surprise.

Lily @ Paying Debt Down writes Tax Fraud due to Identity Theft on the Rise – How to Protect Yourself – It was recently reported that billions of dollars are being stolen every year by identity thieves filing fraudulent tax returns.

Bob @ Dwindling Debt writes Are you the Victim of Identity Theft? Check the Signs – Nearly 17 million people were victimized by identity thieves in 2012 according to the US Justice Department, including 40% who were victimized through their credit cards and 37% through their bank accounts.

Katie @ IRA Basics writes The Secret of Saving for Your First Deposit – Are you ready to become a homeowner and do not fancy a no-deposit home loan? Then the biggest obstacle standing in your way is the first deposit or down payment.

Sam @ The New Business Blog writes Creating a Stylish, Practical and Attractive Catering Establishment – Any catering business understands the Health and Safety requirements to keep all their fresh products properly refrigerated.

Marissa @ Finance Triggers writes Quirky tips for conserving cash – Here are a few quirky tips for saving some cash. Read on to find out how you do not have to turn your life inside out to gain control of your finances.

Marissa @ Thirty Six Months writes Tips to Make Your First Real Estate Investment a Success – Most of us do not really think of accumulating investment properties. It is just not something that we are programmed to do, but it is an area that more GEN Y should start taking seriously.

Justin @ Edward Antrobus writes Why the Wealthy are Suddenly Fond of Using Pawnshops – While banks everywhere have started frowning on assets that are not quite liquid, there is a boom underway in high-end pawnshops.

Justin @ Edward Antrobus writes Why the Wealthy are Suddenly Fond of Using Pawnshops – While banks everywhere have started frowning on assets that are not quite liquid, there is a boom underway in high-end pawnshops.

Monica @ Monica On Money writes Safe Retirement Investments: Which Investments Will Fund My Retirement Best? – Retirees are rightfully concerned about the safety levels of the investments they count on to sustain their comfortable retirement lifestyles.

Larry @ KrantCents writes Why You Will Never Be Rich! – Getting rich is not that hard, all you need is a goal and a plan. The problem with most people is they never establish the goal!

Natalie @ Debt and the Girl writes Victims of Circumstance or Something More? – I have always been a big fan of doc type shows like True Life (the only good show left on MTV) that let you peer into the life of someone else.

Alexa @ Single Moms Income writes 3 Ways to Earn Extra Cash This Spring – Instead of blowing my budget once again I figured it was much better to look for ways to earn some extra cash.

Alexa @ Defeat Our Debt writes How to Get Rid of Debt on Your Own – There is no easy way to get rid of debt. You have several options, each come with their own set of pros and cons. Here is how to get rid of debt on your own.

Alexa @ Defeat Our Debt writes How to Get Rid of Debt on Your Own – There is no easy way to get rid of debt. You have several options, each come with their own set of pros and cons. Here is how to get rid of debt on your own.

Sustainable PF @ Sustainable Personal Finance writes Is the New Freelance Economy Such a Bad Thing for You? – One of the trends becoming apparent following the recent global financial crisis and worldwide recession is that the new economy is likely to be a freelance economy.

Charles @ Getting A Rich Life writes Get Rich With Real Estate: Invest In Game Changers – Get rich with real estate by investing in properties to build your wealth. Invest in game changing properties to accelerate your financial independence.

Mark Ross @ Money Saving Dude writes 7 Fun Outdoor Activities You Can Do Without Spending Too Much Money – Having fun outdoors can be costly for some. Fortunately, there are plenty of other things that you can do to enjoy your time out of the house. You can easily do some these fun outdoor activities and they won’t cost you a lot of money, I promise.

Jon Haver @ Pay My Student Loans writes Financial Aid for Graduate School Students – Some people choose to go to school to open career doors; some people seem to go to school AS a career. Graduate students are some of the latter. It is difficult to remain in school for so long. The financial element is usually the most difficult part.

Jerry @ Rocky Mountain Finance writes How Long Will it Take to Rebuild Your Credit with a Loan? – I’d like to be able to say that it takes “X” months to increase your credit score by “Y” points, but it doesn’t work that way.

Jeremy @ Modest Money writes 10 Ways to Improve Your Personal Finances – If you would Pay bills on time, Lower credit utilization ratio, Correct credit report and Get a gas station credit card, you would Improve Your Credit Score quicker than you thought.

Erastus @ Sprout Wealth writes A Freelancer’s Guide to Making Money – The best ways to make money is freelancing. In the spirit of making money, anyone can freelance. I share with you simple guides how to become a successful freelancer.

Thomas @ i need money ASAP! writes Make Money On Twitter: Sponsored Tweets – Did you know that you can sell your tweets? That little short message can make you big money. Businesses will pay you $10s, $100s or even $1000s to send out a short message to your followers.

Little House @ Little House in the Valley writes Second Quarter Goal Progress – I’m smokin’ my financial goals. I’ve paid off almost the entire consumer debt amount with only $860 remaining.

Miss T. @ Prairie Eco Thrifter writes 4 Reasons to Graduate Debt Free – It seems that many students accept student loans as a given; something unavoidable. However, this is not the case.

Mr.CBB @ Canadian Budget Binder writes Should I buy an investment property? – Buying an investment property is a big decision and one that you must do your research into first before saying you want to be a landlord.

John @ firststepfinance writes Smart Tips For Securing A Home Mortgage – Most people must take out a loan in order to own their own home. They are confusing sometimes, especially if you do not have enough information. Go to the bank prepared with the knowledge you need about mortgages by reading this article. You will certainly benefit from all of the great information below. Start preparing for home ownership months before you are ready to buy. Buying a home is a long-term goal that requires tending to your personal finances immediately. This means building upon y

Harry Campbell @ Your PF Pro writes My New HSA Provider: Eli Lilly Federal Credit Union – Last year I wrote an article about how to rollover or use a trustee transfer in order to invest your HSA money for free using HSA Bank. Well it’s been a year and my investments have done very well(thank you S&P Gods), but I was only able to invest about $7,000 of my $12,000 balance. The reason why is that HSA Bank requires you to hold $5,000 in their savings account in order to avoid maintenance fees.

Mr. 4HWD @ The Four Hour Work Day writes “Take Advantage of Working Corporate While it Lasts “ – “It only took me a few years working 9-5 to realize that I wouldn’t be able to work in the corporate world forever. I’m a good employee but I just don’t see the incentive in busting my ass to make more money for a bunch of shareholders and board members. That doesn’t mean I don’t try but I definitely don’t go above and beyond when it comes to my day job. I do just enough to get by and make sure that everyone has a good impression of me. That’s really all that matters. ”

Gretchen @ Retired by 40! writes The eMeals Experiment – Our Grocery budget has been our of control, so we decided to give eMeals a chance!

Mario @ Debt BLAG writes How an IRS audit can make you sick – Though the chances of getting audited are slim (assuming you don’t fudge your numbers) and seemingly random, the ordeal can be harrowing; here’s what to do avoid having the IRS come knocking on your door.

Evan @ The Smaller Dollar writes Buying and Selling at True Market Cost – True Market Cost is the pricepoint where you can buy things at the pricepoint you can also resell them through secondary markets to obtain their true value.

Snehann Kapnadak @ writes A Well-Tailored Suit – Creativity For Students, From A Student

Gabe @ CPA Tax Guy writes Tax Services – You need to make sure that you take the time to properly file you taxes each year.

You can submit your recent personal finance articles to the Carnival of Money Pros at Thanks for reading.