Carnival of Money Stories #36

This week’s edition of the Carnival of Money Stories is up at Dough Roller! Make sure you head over there and check out all of the great submissions. Here are this week’s Editor’s Picks:

  • debt kid presents Jessica’s Top 10 Money Mistakes posted at DebtKid. Why learn from your mistakes when you can learn from somebody else’s? I confess I’ve made a few of these myself.
  • CJ Bowker presents How many doors do you have open? posted at The Life of an Insurance Salesman, saying, “Without realizing it, people’s aversion to loss might be affecting their business and personal lives. People don’t want to loose any opportunities, they don’t want to let doors close. In fact, they will keep a door open even if it hurts or becomes detrimental to other doors in their lives. Sometimes it might just be better to close a few doors.” Or to put it another way, do you find that “one thing” that gives your life meaning, and go all in?
  • Connie Prater presents What does Dodd departure mean for credit card and financial reform? posted at Some thoughtful analysis Senator Dodd’s announcement that he won’t run for reelection.
  • J. Savings presents 6 Ways to Knock Out Creditors. posted at Budgets are Sexy., saying, “Advice for anyone being harassed by credit card companies!” This is a nice reminder that we do have rights when it comes to creditors. Make sure you know what they are!
  • Evolution Of Wealth presents Cash Is Clementines!?! posted at Evolution of Wealth, saying, “For the average person that has a problem with debt cash makes sense. For the rest of use, cash will only slow us down. Cash is not king. Focus instead on the power of LUC (liquidity, use and control).”

Thanks to all of this week’s participants and especially our great host! Next week’s edition will be held at Funny About Money. Make sure you head over to the submissions page to learn how to get your post in!

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