Panzer’s Friday Feature: Roundup of Personal Finance RSS Feeds
Posted by panzer on July 26, 2008. Filed under [personal finance]
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Apologies folks but was on fathering duty on Friday so missed the Friday edition by a day!

Here’s the Saturday version of Panzer’s Friday Feature showcasing the picks from his RSS feeds on personal finance related topics:

Free Money Finance comments on MSN Money’s “Seven Ways to Stay Poor” or what he believes are “stupid money moves” relating to fundamental mistakes in personal finance, i.e. keeping credit card debt, being penny wise and pound foolish when it comes to saving money and the classic spending more than you earn or living beyond your means.

Moolanomy talks about Building Multiple Income Streams as a Career reminding me of Robert G Allen’s Book “Multiple Streams of Income”. In today’s down-sizing, right-sizing, careers being a series of jobs in different organisations, diversifying your risks of being with one employer starts to make sense in a globalised every-thing-can-be-outsourced world.

Wise Bread dispenses some wisdom in using similar approaches you would to children when you “treat yourself like a child to be more grown up” in delaying gratification and differentiating between wants and needs. Philip Brewer at Wise Bread posts about “What I’ve Been Trying to Say” relating to voluntary simplicity in life. His thoughts connect as I’ve been running across similar themes in authors as diverse as Dave Ramsey who urges you to live like no-one else now so that later you can live like no-one else. Joe Dominguez and Vicki Robin’s “Your Money or Your Life” to visit the theme of living your life your way by being aware of where your life energy (money) was being earned and being spent and whether the way it flowed was congrugent to your own values and beliefs towards your purpose in life. Incidentally, I had come across his article which was picked up by J.D. in “Five Tactics for Pursuing Voluntary Simplicity” from Get Rich Slowly.

The Digerati Life shares how being overweight has its costs in terms of personal finance. “The Cost of Being Overweight” explores real dollars and cents in being overweight. Higher insurance premiums for both health and life insurance as well as living costs in groceries can add up. Although I hated my conscription in the lion city, I appreciated the fact that it made me take responsibility for my own health.

It’s the weekend already and if you may want to point your browser to any of the excellent posts listed above.

Be well and prosper.

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3 Comments to this entry.

  1. Pinyo on July 26, 2008 at 8:26 am

    Nice roundup. I’ll check out Robert Allen’s book.

    Pinyos last blog post..Start An Emergency Fund Or Pay Off Debt?

  2. Panzer on July 27, 2008 at 3:05 am

    Hi Pinyo

    Thanks for your comment.

    Robert Allen’s book is not new but his principles make a lot of sense to me to diversify one’s income streams.

    Be well and prosper.

    Panzers last blog post..HLF fixed deposits promotion for additional 0.125% on 26 July 08 at Bedok Branch only

  3. Bass Player Keith Hall on July 27, 2008 at 8:17 pm

    Here is a diet to lower your premiums. I have been on the Fletcherism diet for 4 months and have lost 41 pounds. I chew eat bite 32 times and eat Lunch and supper only and have a mid afternoon snack about 3 pm and another one at 8:30 at night. Be sure to chew eat bite at least 32 times. You will eat about 20-30 minutes and feel totally full and are eating a lot less calories by eating less food and you feel totally satisfied. Read Horace Fletcher’s book in Google books called, Fletcherism, How I Became Young at Sixty.

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