Carnival of Personal Finance #289: New Year’s Eve Traditions

Welcome to the 289th edition of the Carnival of Personal Finance!

If you’re new to Blonde & Balanced, feel free to take a look around. I’m Amber and I blog about spending wisely and leading a balanced lifestyle. A few fun tidbits about me: I passed the CPA exam this year, I’m getting married next June, I live in Kansas City, and I love to workout … among many other interests. ;)

new-years-eve In honor of the New Year that is fast approaching, this week’s carnival theme is based on popular New Year’s Eve traditions. Enjoy!


  • Mark from Buy Like Buffett presents The Number One Reason Why Your Blog Isn’t Making Any Money. (Great article from Mark on how to increase the income you generate from your blog – no matter how big or small!)
  • Shaun from Money Cactus presents Do Nothing and Grow Wealthy, and says, “Doing nothing can actually be a lot harder than you think, but sometimes doing nothing is the best way to create real wealth.”  (One of the biggest techniques that helped me get out of debt was doing nothing – otherwise known as avoiding places where I tended to overspend.)
  • Henry Truc from Go Banking Rates presents Common Financial Myths Debunked – Part 2: Mortgage Loans. (An interesting article about common myths associated with mortgage loans.  Henry takes what could be a dry topic and turns it into an interesting article – not an easy feat!)
  • Mike Piper from Oblivious Investor presents Retiring (at 65) Isn’t Supposed to Be Easy, and says, “We hear all the time about how most people aren’t saving enough for retirement. What if we just abandoned the idea that retiring at 65 and traveling the world is a normal thing to do?” (I love the idea of retiring early and Mike expands on this topic in his article.  Why do we have to play by the rules?  Why can’t we make our own rules?)
  • Mike from The Financial Blogger presents Running Multiple Blogs, Earning 6 Figures, Working Less Than 40 Hours – A How To Guide To Financial Freedom, and says, “An extensive look at how to build a strong internet business empire. Everything from hiring writers to finding creativity to put together blog posts.” (Mike has put together an awesome guide on how to manage several successful blogs while working full-time.  He goes beyond the usual “make a writing schedule” advice and provides in-depth tips on how to generate ideas and increase your writing efficiency.)


Ah, the midnight kiss. Like budgeting with your money, you can’t go blow all your kissing on someone that doesn’t mean anything to you! You have to search long and hard for that perfect person before you decide to give to them your midnight kiss. They have to earn it, just like stores, companies, and products have to work for your hard-earned money!


Many of the most popular New Year’s resolutions involve saving more money or paying off credit card debt.  Maybe the posts below can help you conquer both!

  • Jenn D from Smart Balance Transfers presents Common Balance Transfer Mistakes, and says, “This article takes a look at three mistakes people make when using balance transfer credit cards and shows them how to avoid them.”
  • Marjorie from CardHub.com presents New to Credit Guide, and says, “My submission answers a variety of questions for people with limited or no credit history. There are a number of steps you can take to help build your credit, no matter what your situation.”
  • Stu from pennywise2pennyworth.com presents Question for the Ages: Paying off Debt or Saving, and says, “To save or pay off debt? I ran the numbers see what I found out!”
  • Trent Green from Money for Regular People presents Any Credit Card Strategy Should Include Paying Off Your Balance Each Month, and says, “Should you pay with cash and avoid credit cards at all costs? Not necessarily. Paying by credit card offers some unique advantages, but only if you’re committed to paying your bill each month in full and on time.
  • The Smarter Wallet from The Smarter Wallet presents 3 Good Reasons Not To Hide Money Under Your Mattress, and says, “Why we should not hide our stash of cash under our mattress!”


The song Auld Lang Syne literally means “days gone by” or “old times”.  Let’s forget all those bad investing memories of the past and move onward and upward. Here’s to a great economy in 2011 and beyond!

  • Russ Thornton from The Wealthcare Revolution presents Understanding Monte Carlo Simulation – Part 2 of 7, and says, “This is the 2nd in a 7-part series on understanding monte carlo simulation and how it can help you make smarter financial and investment decisions.”
  • Sara Nunnally from Smart Investing Daily presents Three Investment Predictions for 2011 Put to the Test , and says, “Three investment predictions for 2011… emerging markets, information technology and bonds.”
  • Sean Smarty from Grow Money presents Advantages of Index Funds.
  • Roger Wohlner from Chicago Financial Planner presents Where to Invest in 2011? – I’m Clueless, and says, “This is the time of year when financial magazines and the cable business news shows are filled with tips on where to invest in 2011. I’m not sure why a change in the calendar from December 31 to January 1 makes much difference for your investments. Where should you invest in 2011? If this means what will be the hot stocks, funds, ETFs, or market sectors, I don’t have a clue.”
  • Div Guy from The Dividend Guy Blog presents 3 Reasons Why I Go Dividend Investing in 2011, and says, “A synopsis of my currently revised investment strategy.”
  • Mike from Do Not Wait presents Retirement Planning – Where Do You Start?, and says, “A look at how you can get started with your retirement planning right now.”
  • Adam from Magical Penny presents Beginning Investing, and says, “This week I’d like to submit a transcript of a conversation Austin of Foreigner’s Finances blog and I had. In the interview we talk about about investing as a twenty-somethings and the differences between money in the U.S. and the UK.”


Legend has it that if you eat Black Eyed Peas on New Year’s Day, you’ll have good luck all year long.  And it doesn’t hurt that peas are about as cheap as food comes, so frugalites everywhere can rejoice!

  • Clint from Accumulating Money presents 5 Easy Ways to Cut Down Grocery Costs.
  • Super Saver from My Wealth Builder presents Inexpensive Christmas Activities, and says, “While buying presents can be expensive, there are lots of activities we do at Christmas time that are low or no cost.”
  • Steve Zussino from Grocery Alerts Canada presents Is Buying Organic Really Worth It?, and says, “Organic food is an interesting option for those who are more and more concerned with their health as well as the environment. But many people wonder whether it’s really worth paying more for these products. Is organic food simply a passing trend, or has it become a necessity to ensure good health? Here are the advantages and disadvantages of this type of food.”
  • Elizabeth G (Modern Gal) from Modern Gal presents Avoiding Last Minute Financial Temptations.
  • Matt from Bruce Bucks presents Confession Monday: $35 Hair Cut.


He he – get it?  The ball drop?  As in, you drop the ball when you’re too deep in debt?  No?  ;)  


I think we all know there’s been some fireworks in the real estate industry over the past year or so!  Although the market is down, first-time buyers are snagging great deals and interest rates.  There is an upside to every bad situation!


Thanks for stopping by!

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About B&B

We cover all sorts of topics here at B&B: health, career, happiness, improvement & goals, order & productivity, and of course personal finance. Thanks for reading!


  1. Thanks for hosting and including us!

  2. Thanks for publishing my blog post and adding it to the carnival!

    There were many great submissions!


  3. Thank you for including my tenant from hell post. I love that woman for the publicity I get from her. :) Now, if she would only pay the rent on time.

  4. Hey Amber,

    Thanks so much for adding my post as one of your Editors picks! It’s a great carnival, perfect Christmas reading :)

  5. Thanks for hosting and including my submission, I hope you have a Happy New Year!

  6. great round up – I also loved Buy Like Buffett’s piece. After reading it I decided it was time to stop making excuses adn get on with writing.

  7. Thank you for posting my article. :) I’ll be reading through quite a few of these articles over the next hour.

  8. Amber,

    Thanks a million for hosting this week and including my post.


  9. Thanks for including my post in this week’s Carnival.

  10. Thanks for hosting this week’s carnival, Amber, and for including my post.

    Great New Year’s theme.

  11. I feel so loved! Thank you for choosing my post.

  12. I love the theme! I was thinking of the band “black eyed peas” instead of the food and was confused at first.

    Thanks for hosting and including my post. Happy New Year!

  13. Thanks for hosting this week. You did a great job.

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