Money Hacks Carnival #43 at Liberta

This week Money Hacks Carnival #43 is hosted at Liberta, a personal finance web site located in South Africa — the carnival is officially global! Francois called this the “I’d rather be surfing” edition, and he gave a nice introduction about himself and why he has his site.  Anyway, here are the editor’s picks and comment:

• Risk Aversion and Solutions posted at HarvestingDollars — I loved this article – simple and great advice to follow when making decisions that involve risk.
• I’m Betting On Oil posted at Stock Tips — This is speculation, but calculated speculation. I agree wholeheartedly. The time of the fire breathing engine driven by oil products is far from over and the market has probably over-reacted grossly. Oil is currently a very well priced and yet, still a very sought after commodity. In my opinion, going long on oil is not a bad idea at all.
• Three new ways to control your spending posted at Monevator.com — Three delightfully weird ways to control and test your spending urges. Mostly for those of us who are well in touch with our ancient hunter-gatherer instincts.
• LivingAlmostLarge presents My $170 Car Investment — Spending a small amount of money to satisfy a large craving. A great concept.
• How to Bootstrap Your Life posted at Never the Same River Twice — By deliberately not making the option of throwing money at problems readily available, and instead getting into the habit of using imagination and creativity to solve problems, we can achieve a lot more while spending a lot less.
• Funny about Money presents Why keep your pay statements, and how — This article explains why it’s very wise to check and make sure your pay statements and deductions are correctly handled by your employer.
• Facing The Recession posted at PennyJobs.com — I agree with the author’s view of what the real solution is to the economic crisis. However, I doubt if decision makers will ever choose to face the recession head-on with a face-the-facts and ride-it-out attitude, at least not until a lot more damage has been done. Let’s hope I’m wrong.
• Timely Rerun: The Importance of Research and the Art of Negotiation posted at Wisdom From Wenchypoo’s Mental Wastebasket — With a little checking up, and simply ASKING for a discount in the first place, you can make sure you’re getting the best deal, or at least, not getting ripped off.
• Let Your Children Handle Their Own Finances posted at Money Ning — Well worth a read, this article basically shows how clever it is to let our kids to handle and take care of their own problems.
• How To Outgrow The Self-Help Learning Stage posted at The Shark Investor — A self-help article about the dangers of reading too many self-help articles… Hmmm…

Thank you Francois and all participants.  Next week carnival will be hosted at Where You Are Now.

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