Money Beagle

I have some big deadlines at work that are keeping a lot more of my attention than usual, so posts might be a little light for the next couple of days.

In the mean time, please head over today to Money Ning who hosted this week’s Carnival of Personal Finance, and included my article on deflation being a threat to our economy.  Money Ning used the time to create the simple theme of: Smile.

That’s something we all could probably do more of, especially when thinking of personal finance, where the smiles probably have been fewer and far between for most of us, so head on over and enjoy the reads!

It’s random thought day!  Sort of like the Potpurri category on Jeopardy! (is that real or just the SNL Celebrity Jeopardy version?) here are some non-related thoughts I have which tie to personal finance, the economy, and the like.

• The house across the street has a Sold sign on it.  The house has been empty for over a year, as the people moved out almost immediately after we moved in.  Thankfully their moving had nothing to do with us, but instead because the husband had been transferred overseas.  It’s too bad because they were nice people, with a set of little twins.   I hope the new people are nice.
• The $700 billion bailout was changed in scope already, with Paulson announcing yesterday that the money will not be used to purchase troubled securities, as was the plan for some of the money.  I guess that’s what happens when you come up with a plan to spend $700 billion in just a couple of days.
• Of course as part of that announcement, Paulson had to once again rag on the auto industry and how not a penny of the $700 billion is supposed to go towards that.  We get it, the current head honchos really want nothing to do with helping out the auto industry and the 10% of the population whose employment is tied to it.  Good speech.  The current administration can not get out of office fast enough.
• After the Dow dipped below 8,000, I was all ready to write about how the stock market can’t seem to find a bottom, but then it staged a huge rally and ended the day close to 9,000.  A 10% swing in one day.  Wow.
• We moved more of our money out of the GMAC Demand Notes account into our ING DIrect account.  The Demand Notes account isn’t FDIC insured and with all the cash flow problems, we are just not willing to risk that much money.  The lower interest rate will certainly not be welcome, but I guess that should be extra motivation to set up some CDs through ING, as they’re offering some pretty good rates.
• Ugh, tomorrow is garbage day which means I still have to go collect all the garbage and scoop the kitty litter.  But, at least that means it’s Friday.  Hope everybody has a happy weekend!

I was part of three carnivals this week, which is a record for me.  Thanks to all for hosting the carnivals and for including my post.

• The Digerati Life hosted the Carnival of Personal Finance and included my post about my city government helping residents save money
• Greener Pastures hosted the Carnival of Debt Reduction and included my post on what we’re doing with a $2,700 windfall
• Taking Charge hosted the Money Hacks Carnival and included my post about how the current economic situation is a catch-22

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I was lucky enough to have two of my posts included in festivals and carnivals in the personal finance world. this week.

• Festival of Frugality - Value for Your Life hosted the Festival of Frugality #145 and included my article about my recent trip to Costco.
• Carnival of Personal Finance - Debt Kid hosted the Carnival of Personal Finance #172 and featured my post about one lenders perspective on the bailout package.  In addition, my post was chosen as an editor’s pick!

Thanks to both bloggers for the hard work that went into their respective editions, and for including my submissions!

I also applied and was admitted to the pfblogs.org list of personal finance blogs.

If you’ve enjoyed this post, please subscribe to my RSS Feed. You can also have Money Beagle articles delivered daily via e-mail. Thank you for reading Money Beagle!

Welcome to everybody directed through the 170th Carnival of Personal Finance hosted by Dorian at The Personal Financier. There are a ton of articles this week, and I know I’ll have fun reading through them throughout the week. My article on adding insulation was included in this weeks carnival.

Please feel free to look around and as always, consider subscribing to my RSS Feed if you like what you read!