The Best of Money Carnival

I didn’t know what to expect when I signed up, nearly a year ago, to host The Best of Money Carnival #79 this week, here at Life Compass Blog.

When I first heard the words “money carnival,” my mind immediately thought of carnival clowns wearing big shoes, fuzzy hair, and red noses, doing tricks that involve animals and money.

Next, I started thinking about those TV game shows where someone gets a chance to stand for 30 seconds in a glass booth, while hundreds of dollars get blown around by a fan, and they get to keep all the money they can catch as it flies through the air.

But the Best of Money Carnival isn’t any of those things.  It’s the top ten posts on money and personal finance, as judged by the host blogger (which this week, is me), and chosen from 50 or more posts submitted by top-notch bloggers from around the world.

I’m glad for the chance to host the Best of Money Carnival this week, because it gives me a great opportunity to share the “wealth” of what others have written on personal finance – a topic which impacts just about every aspect of our lives.

Despite the big Thanksgiving holiday in the U.S., I received 50 submissions and had quite the challenge of narrowing the list down to ten.

Gratefully, I didn’t have to wear big shoes, fuzzy hair or a red nose to host the Best of Money Carnival this week.  And I’m sure you’ll be glad to hear that no carnival animals were injured during the writing of this blog post!

So, give me a drum roll, please, as I clear my throat and find my best David Letterman voice…

From the home office in Grand Rapids, Michigan…here are the top 10 personal finance posts in this week’s Best of Money Carnival: [Read more…]

Life Compass Blog’s Weekly Roundup of Money & Personal Growth Posts for Nov 27

On Saturdays, I offer a weekly roundup of posts from other blogs on the topic of money, personal growth, and work-life balance.  Here are some that I found interesting this week:

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Life Compass Blog’s Weekly Roundup of Money & Personal Growth Posts for Nov 20

On Saturdays I offer a weekly roundup of posts from other blogs on money and personal growth.  Here’s what I found interesting this week:

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How to Make More Money in Your Job in 2011

If you’ve survived the layoffs and cutbacks that have impacted so many companies recently, 2011 is the year to ask for a raise or a promotion, according to a recent article by CNN/Money.

Many economists believe the U.S. unemployment numbers will start to improve by the end of 2011, but it could still take six years to reach the levels seen before the recession, according to the Congressional Budget Office.

While companies will still be slow to hire new employees, they’ll be more apt to give raises to keep high value employees, and promote from within.

Here are four tips from CNN/Money on how to cash in at work in 2011:

  1. Angle for that promotion – One of the best ways to get a raise is to get a promotion.  On average, you’ll see a 7% increase for a promotion, instead of just a 3% across the board raise for everyone. [Read more…]

Weekly Roundup of Money and Personal Growth Posts

Well, it’s Saturday again.  I hope you have a wonderful weekend!

Here are a couple of posts I found interesting on other personal growth and money blogs over the last week:

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Reboot Your Life: A Lesson from the Forbes 400 Richest People in America

“Reboot” is often a term used in association with computers – to reboot a computer is to restart it.  But recently, I’ve heard of people who are rebooting themselves or rebooting their lives, meaning that they’re starting over, or recreating themselves.

I can understand why you’d want to reboot yourself if things aren’t going as well as you’d hoped, or if you want to make some significant change in your life – like start your own business or find a new career.   But reboot yourself when you’re at the top of your game and enjoying great success?  Doesn’t seem to make sense, does it?

Last week, I bought a copy of the Forbes 400 Richest People in America. It is a special edition that Forbes has published each October for 29 years, featuring, as the title implies, profiles of the 400 richest people in America.

I’ve read the Forbes 400 since I was a teen.  My dad would buy it each year because he found it interesting to read the stories of how the rich and famous got to be, well, you know, rich and famous.  Somehow, I got interested in it myself and have been reading it each year since.  I was especially fascinated to read about the people from Michigan (my home state) who made the list.

While reading the 2010 Forbes 400, I was particularly interested in an article entitled, A Select Breed:  The Rebooted Rich.  It describes how a few notable entrepreneurs, having found great success in their lives, refused to rest on the laurels of that success, but went on to reboot themselves and create new levels of success – sometimes in the field that first brought them success, but many times in brand new fields. [Read more…]