As usual, I present a summary of the best posts from the carnivals I participated in this week.
First off, this week’s Carnival of Personal Finance illustrates exactly why it pays to read different opinions. I submitted a post about how we’d decided to pay off a private student loan due to rising interest rates (to a tune of 7% from Citibank), but another submission illustrates a concrete example of why you might not want to if you’ve got federal loans at less than 3%. I think we’re saying the same thing; unfortunately, federal loans just weren’t available to us in our case.
The Carnival of the Capitalists is rapidly becoming my favorite carnival for both reading and submissions, and worth considering especially if you’re into business and entrepreneurship just as much as finance. My favorite post is also the host’s, which asks the ethical question, should you help or hinder parting an apparent “fool” with his money?
At this week’s Festival of Frugality, you’ll find many links this week to lists on how to save on prescriptions, cleaning, eating, mortgages…quite the smorgasbord. In an unusual limerick format, Money and Values has summarized what each submission is about in a fun format.
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