Welcome to the newest edition of the Carnival of Personal Finance. For those of you who have never read a Carnival post before, it’s where numerous personal finance blogs submit a recent post, and a host site puts it all together. It’s been a while since MDJ has hosted and there seems to be quite a few new virtual faces in the money blog world.

As most of you already know, there has been global support for the Haiti earthquake relief with millions of dollars pouring in to aid the crisis. Late last week, MDJ offered to match reader donations up to $500.  The response was overwhelming with the $500 limit reached within a few hours of posting.  I stopped counting after the $2,000 mark!  If you want to support Haiti relief efforts, but don’t know where to give, check out our Haiti Earthquake relief article.

Moving on to the Carnival, I have listed my top 5 favorite posts during this carnival with the remaining separated by category.

Editors Picks

Saving and Frugality

Some great money saving articles were submitted in this Carnival.  Frugality is the name of the game!  Besides these articles, here are some more ways to save money.

Eating Your Way Into Debt @ The Frugal Rebel

My Store-Brand vs. Name-Brand Blind Taste-Test Experiment @ Len Penzo dot Com

Free Advice: Worth What You Pay for It? @ CBC from InsureBlog

Five Ways to Save Big @ Free Money Finance

Free is to Frugal as Clear is to Water @ The Sun’s Financial Diary

5 Quick and Practical Ways to Improve your Finances – Automatic Saving, Education, Refinancing to Tax Planning @ saving to invest

10 Simple Ways to Save without Cutting Coupons @ Simple Financial Lifestyle

Save Money On Your Heating Bills @ Single Guy Money

How-to Save Some Serious Money in 2010 & Going Forward @ Studenomics

Investing and Finance

After saving your money, what are you going to do with it?   One option is to invest it!  If you are a passive investor, here is a simple low cost ETF portfolio.  Like to invest for income?  Here are some Canadian dividend stocks.

2012: End of the World? Or the end of your target-date fund? (Part 3/3) @ Tonka Beans Blog

Insufficient Sample Size @ The Oblivious Investor

5 Dividend Stocks Trading Below Fair Value @ Dividends Value

Think Twice Before Doing a Roth Conversion if Using Account Assets to Cover Taxes @ Generation X Finance

Business Development Companies – Excellent Overlooked Investment Strategy @ Darwin’s Finance

The S&P500 DIvidend Aristocrats @ Bargaineering

Headline Risk In Investing @ Don’t Quit Your Day Job

Investing For Beginners: Basic Steps To Start Investing @ The Digerati Life

Global Asset Allocation Confusion @ Modern Gal

Personal Finance Bloggers to Watch in 2010 @ Narrow Bridge Adventures

How to File Your Annual Tax Returns Online @ Doughroller

Money Management and Budgeting

One of my favorite personal finance tips is to write it down.  That is, write down what you spend for a month, and you’ll be surprised at what you can cut out without feeling any pain.

Is mystery shopping worth the time? @ Musings of an Abstract Aucklander

Stop Telling Me You’re Broke @ Moneymonk

9 Sneaky Expenses That Eat Away At Your Income @ Get Rich Slowly

Mortgage Escrow Accounts-The What, Whys, Where’s and Do I Haveta’s @ The Millionaire Nurse Blog

Personal Financial Statements shouldn’t be Top Secret. @ Budgets Are Sexy

How to Fake a Direct Deposit and Avoid Bank Fees @ Realm of Prosperity

Impressing Your Friends Can Cost You @ Sweating The Big Stuff

Set It and Forget It, A Mantra for Personal Finance @ M is for Money

16 Gold Nuggets of Budgeting @ living on a budget

Budgeting with Mint: My New BFF @ Downturn Living

Credit and Debt

Writing about credits cards is very common in the pf blog world.  MDJ is no exception with many reviews such as top cash back credit cards and top no fee rewards credit cards.

How To Add Something Positive To Your Credit Report @ The Wisdom Journal

What the New Changes in Credit Card Rules Mean for You @ Being Frugal

The New Reward Credit Cards @ Good Financial Cents

Zero Percent Credit Cards, The Good, The Bad, And The Ugly @ Stumble Forward

The Credit Card Accountability, Responsibility, And Disclosure (CARD) Act Of 2009- Effect On Credit Card Holders @ Free From Broke

Is A Credit Card Annual Fee Acceptable? @ The Smarter Wallet

The FCRA, Secret Scores and Why Credit Consumers are Flying Blind–Again @ Personal Finance Analyst

Chase Debit Card Review @ Ask Mr Credit Card

We’re Debt Free. How We Paid off $63,000 in 11 Months. @ FiscalGeek

Make More Money

If you want to make to come out ahead financially, spend less than you earn.  It’s as simple as that.  However, that doesn’t simply mean to save more money, depending on how you look at it, it can also mean to make more than you spend.  Our family financial goal is to keep expenses in check with the purpose of increasing income.

Rental Property Update for Year 2009 @ Growing Money

Buying vs Renting a House @ The Smartest Consumer

Make Money: 2010 Census Take Part Time Work @ Money Help For Christians

Getting Rich: How I Make an Extra $1,000 Every Month Freelancing (and you can too!) @ Personal Finance Ninja

Making Money buying and selling cars @ Christian Financial Help

Passive Income Opportunities @ Passive Income Now

Economy and Other Finance Related Articles

Looking Out to 2010: Economy and Personal Finance @ Fiscal Fizzle

Recession Silver Linings @ My Wealth Builder

Interview: Jane White, author of “America, Welcome to the Poorhouse” @ RabbitFunds

Deflation is real, so is Inflation… Huh? @ 20s Money

Gone to Haiti – Be Back on January 28th @ Provident Planning

10 Vintage Money Ads @ Foreigner’s Finances

4 Questions to Ask Before You Buy Life Insurance @ Redeeming Riches

35 Best Personal Finance Books @ My Dollar Plan

How To Protect Your Online Banking Info @ Canadian Finance Blog

Help Haiti, But Be Smart About It @ Science and Money

No Estate Tax in 2010 for Now-But Don’t Write it Off as Dead Yet, @ Think Your Way To Wealth

SuperFreakonomics Book Review @ Four Pillars

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  1. 2 Cents on January 18, 2010 at 10:02 am

    I’m honoured Frugal Trader. Thanks for the mention. There are some really great articles here that I missed. The “crazy people” article from Pop Economics made me laugh out loud. Thanks for putting all of this together. It looks like a lot of work!

  2. The Smartest Consumer on January 18, 2010 at 10:20 am

    Thanks for hosting the carnival and including my article.

  3. Anastasia on January 18, 2010 at 11:08 am

    Thank you for featuring my post! As a new face in the PF-blogging world I really appreciate such a great recognition of my efforts! This now will encourage me even more to produce useful content for people like me, those who are bogging their way out of debt or those who want to help others on their journey to financially independent life.

    I think all of us are doing a great thing sharing our knowledge and experience! It can be quite tough for people once they are in debt – it is a very daunting experience and a lot of people really struggle emotionally and physically…

  4. Single Guy Money on January 18, 2010 at 11:15 am

    Thanks for including my post in the carnival. That’s awesome that MDJ hosted a giveaway to help the victims in Haiti. It’s always a good thing to help others when they are having a hard time.
    – SingleGuyMoney

  5. hgstern on January 18, 2010 at 11:25 am

    Thanks for hosting, and for including our post!

  6. Peter on January 18, 2010 at 11:46 am

    Thanks for the editor’s pick!

  7. Darwin on January 18, 2010 at 11:52 am

    Thanks for including my submission; great roundup here this week!

  8. Dr Dean on January 18, 2010 at 12:29 pm

    Love the layout, clean and easy to read. Thanks for hosting and including me!

  9. Tom @ Canadian Finance Blog on January 18, 2010 at 12:35 pm

    Thanks for the inclusion FT!

  10. MD @ Studenomics on January 18, 2010 at 1:55 pm

    Thanks for including me in the carnival!

  11. Lynnae on January 18, 2010 at 2:43 pm

    Thanks for hosting and for including my post!

  12. Sean on January 18, 2010 at 3:12 pm

    Thanks for including my article in the carnival.

  13. Adam@RabbitFunds on January 18, 2010 at 3:15 pm

    Thanks for the include!

  14. Squawkfox on January 18, 2010 at 3:45 pm

    That you so much for the Editor’s Pick FT! I’m humbled and honored! Excellent work on the Haiti edition.

  15. Doctor Stock on January 18, 2010 at 5:24 pm

    Another few hours of reading…. thanks! Looks like an interesting list.

  16. Flexo on January 18, 2010 at 6:28 pm

    Thanks for hosting the Carnival!

  17. Ms Save Money on January 18, 2010 at 8:37 pm

    wow – this carnival is way too overwhelming for me – I think it would be very helpful if in 2 or 3 sentences someone would sum up each article post for me.

  18. FFB on January 18, 2010 at 10:39 pm

    Thanks for including my article!

  19. Mike on January 19, 2010 at 1:12 am

    I can’t wait to go through all of these articles. Thanks for hosting the Carnival this week!

  20. Andy on January 19, 2010 at 1:35 am

    Appreciate the inclusion of my article in this carnival. Some great reads here.

  21. Sean on January 19, 2010 at 5:04 am

    Thanks for hosting the carnival and including my article.

  22. RC@Thinkyourwaytowealth on January 19, 2010 at 10:52 pm

    Great carnival, thanks for including my article!

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