Carnival of MoneyPros: Halloween Edition

Welcome to this week’s edition of the Carnival of MoneyPros. The financial news has been much more of a treat the past year or two. Do you remember seeing your account balances decrease nearly daily? That was a bit more of a trick. Come check out all the ‘treat’ posts below!

Marissa @ Thirty Six Months writes You Should Always Seek Value – To get yourself financially free, to make good investments and to get through life in a calm and relaxed manner – you should always seek value.

Marissa @ Finance Triggers writes Best Way to Collect Superannuation Funds during Retirement – If you work in Australia, then you are likely to have at least one superannuation account set up to help you out financially during your retirement.

Sam @ The New Business Blog writes Want to be Successful? Avoid These 5 Emotionally Charged Habits – There are, to be sure, many things that contribute to your overall success. Things like your attitude, your ability to lead, your people skills and so forth all have a big influence on it, no doubt.

Katie @ IRA Basics writes 4 IRA Withdrawals that Actually Make Sense – Withdrawing funds from a traditional IRA before a person turns 59 ½ usually means that they’re going to pay a lot of taxes and penalties.

Lily @ Paying Debt Down writes Some Facts to Consider before Filing for Bankruptcy – For many consumers the thought of having to file bankruptcy can cause quite a bit of anxiety.

Andrea @ So Over This writes Wage Theft – Should Salaried Workers Get Paid Overtime? – Wage theft is just the new fancy term for an issue that has long been apparent, the overworked and underpaid salaried workforce here in the U.S.

Hadley @ Epic Finances writes Stock Investing Myths and Truths Part 2 of 4 – Even though there’s plenty of information about what works and what doesn’t when it comes to investing in the stock market, many myths still refuse to die.

Lenny @ Best Money Saving Blog writes Stock Buybacks are Booming! – After faltering for a couple of months, buyback announcements from many major US companies shot up to a three month high recently, putting 2014 on track to be one of the biggest years ever for buybacks.

Amy @ Money Mishaps writes Why Taking your Social Security Benefits Early is a Smart Choice – If you ask most retirement experts, they will tell you that waiting to take your Social Security benefits as long as possible is a great idea.

Jack @ Money Saving Ethics writes Guess who’s staying (and staying, and staying) for dinner? – Millennials who are moving back home and living in their parents basement (or other parts of the house) because they can’t find a job and, even if they do, can’t actually afford to rent a place of their own.

Matt @ Budget Snob writes Investing Doesn’t Take Genius Intelligence, Just Common Sense – A quote that’s attributed to Albert Einstein goes something like this: “Insanity is doing the same thing over and over and expecting different results.”

Jay @ Daily Fuel Economy Tip writes How to Save on Gas – Uncommon Ways – I will describe a few less common ways you can save on gas – I hope you will find them useful.

Oscar @ Money is the Root writes Paying Off Debt Smarter and Faster – There are few things better for your financial health than paying off any debts that you have as quickly as possible.

Daniel @ Make Money Make Cents writes The Expenses of Buying and Owning a Home – From finding the perfect mortgage with the appropriate fees, to the year round upkeep and maintenance, this investment requires a lot of time and capital.

Brock Kernin @ Clever Dude writes Why I Will Never Automate My Finances – “Experts” seem to recommend automating your finances as much as possible which usually means relying on some automated system to pay your very important bills. Is this really a good idea?

Little House @ Little House in the Valley writes Quarterly Goals for the Last Quarter of 2014 – The end of the year is drawing near and my quarterly goals systems has really worked quite well this year.

Mario @ Adventures in Frugal writes Is DC really more expensive than NY? Probably not, WaPo – The Washington Post recently claimed that it’s more expensive to live in D.C. than New York; this may be playing fast and loose with the data

Ginger Lasky @ Frugal Students writes Best Ways to Save as a Student – A few ways to save specifically for student.

Natalie Bacon @ Financegirl writes How I Saved Big Last Week At Macy’s (And It’s Not How You Think) – Here’s my story of how I saved money in-store by shopping online first. Online shopping tips to save money will help you stay on track and on budget.

Jon @ Penny Thots writes How To Make Money Illegally – What are some higher risk, higher reward ways to make money? Unfortunately, most of the ways to make big money quickly are all illegal. Looking to have some fun, I have created a list of how to make money illegally.

Maria @ The Money Principle writes Money management: use the ERR strategy to make your money go further – Your money never goes far enough, uh? This sucks.

Alexa @ Defeat Our Debt writes Should You Take a Vacation if You’re in Debt? – Your debt is stressing you out. Work is stressing you out. And you just need a little break from the normal day to day grind.

Alexa @ Single Moms Income writes How to Find Freelance Writing Jobs (Free Email Templates) – When it comes to finding freelance jobs the first one is the hardest. And, at first it takes a ton of time to find them – especially if you don’t already have a platform setup for yourself.

Brad @ Enemy of Debt writes The Power Of A Support System – Why does part of my brain keep wondering if I’m really going to be able to finish next week?

Larry @ KrantCents writes All Talk, No Action – You know these people; they make promises or talk a lot and never accomplish anything.

Monica @ Monica On Money writes When can you Retire? – It talks about how to start saving and planning for retirement at any age. Even in your 20’s when you’re probably not thinking about retirement yet.

Natalie @ Debt and The Girl writes Are You Richer than the Average Millenial? – Everyone knows that millenials have not been moving as progressively as other generations in the past.

Cat @ Budget Blonde writes That Time I Went To Las Vegas By Greyhound – My best friend is English, and we have had a number of ridiculous adventures in our long friendship; however, the best adventure happened the time we went to Las Vegas by Greyhound.

Danielle @ TeacHer Finance writes The Importance of Company Credit Checking – Understanding how your company, potential business partners and new customers that you choose to deal with can be affected by credit reports is vital.

Aaron @ Aaron Hung writes Watch out for these Back to School Spending Mistakes – Much to the chagrin of children everywhere another school year is about to start, and that means that parents across the country are busy stocking up on school supplies.

Justin @ Edward Antrobus writes Retiring soon? Better Know Your 4 R’s – If you’re lucky enough to retire in your 60s the chance that you’ll live another 20, 30 or possibly even 40 years is a good one these days.

Miss T. @ Prairie Eco Thrifter writes What Do You Tolerate to Save Money? – How much do you tolerate to save money? Some days I feel as though I tolerate way too many things gone wrong, but then, perhaps it doesn’t really matter in the bigger picture.

Bob @ Dwindling Debt writes Looking for a Store Credit Card? Don’t Look Here – Store credit cards can sometimes seem like the bargain of the month, especially when you’re standing at the cash register and the pretty cashier tells you that, if you “sign-up today,” you’ll get an extra 10, 15 or 20% off of your total purchase.

Justin @ iPlugin writes Apple just sold 10 Million new iPhone 6 and 6 Plus units – The new iPhone 6 was recently released and, in its first weekend alone, Apple sold over 10 million units, which was better than their previous record of 9 million that was sold during the weekend launch last year of the iPhone 5.

Danielle @ Saving Without a Budget writes Common Money Mistakes – If you’re not keen on throwing your money away, the mistakes below should definitely be avoided.

Jeremy @ Modest Money writes Optionshouse Review – Read Before You Invest – Options house offers some decent tools to help you succeed as an options trader. If that wasn’t enough, they also have some of the lowest pricing in the industry.

Joe Moore @ Cheap Auto Insurance writes Cheap Auto Insurance for Teenagers – Describes how to achieve affordable rates for teen drivers.

Mario @ Debt BLAG writes Know of a baby born October 20? They can get a FREE $500 mutual fund investment – Voya Financial is offering a free $500 mutual fund investment to anyone with a baby born on October 20, 2014

Erastus @ Wise Dollar writes How to Compare Mutual Funds – If you want to know how to compare mutual funds, I share things to look out for. The benefit is keeping more of your money working for you in the market.

Glen @ How to Save Money writes Consider Club Membership to Save you Money – Are Club Memberships worth the amount they cost?

HSA Review

Everyone that knows me, knows I moved out to Las Vegas to marry P, but a big plus of moving out here, was I got the opportunity to work for a very technically advanced company that works with very sophisticated software. I love software engineering and enjoy going to work every day. One of the perks of working for my company is that they give employees access to a HSA.

HSA stands for Health Savings Account. It’s an account employers usually sponsor for their employees that gives employees access to healthcare with a spending account to cover the cost of their health savings. My company gives me health insurance for approximately twenty dollars a month. The insurance is free preventative with a $3,000 deductible which is quite steap; however, the company also gives me $500 every year in my HSA and I can contribute up to $3,300 a year or an additional $2,800.

Each paycheck, I try to contribute to the HSA to help reach this max for the following reason. As I am younger, my medical needs are quite limited. I rarely need to go to the doctor and when I do, I use this app called MDLIVE where within minutes I speak with a doctor with my issue and only pay $40. There is literally 0 wait time. Regardless, my expenses are limited.

What most people don’t know is that: HSA lets you invest contributed amounts in investment vehicles that are…. drumroll… tax free on capital gains! This means that the money a user invests in an HSA, he/she must keep $1,000 available in the account at all times in cash, but all amounts >$1,000 can be used toward any investment vehicle and can be kept tax free post retirement.

If your company uses a HSA, you should definitely consider investing in it because it’s pre-tax money going in and all capital gains are tax free and can be taken out after 55.

Being Happy

It’s obviously ironic that I chose to write to this title at 4 AM on a Thursday morning but I had some thoughts I wanted to put down.

In life, you can prepare for the worst and still get caught with your pants down. You can simply not prepare for anything and have the greatest time. Overall, life throws all of us into different scenarios where we have opportunities to play or pass. Always having a strategy to deal with what life may or may not throw at you is not the solution. Sometimes human beings need to experience hardships in order to appreciate happiness.

It’s also important to point out that small things can make you happy and make you appreciate the positive things in your life on a much greater level. Take for instance, your car breaks down and you get yelled at work for being late the same day. Obviously that’s rough and no one would be overjoyed to be in either situation let alone both.

Using that same example, Instead of being upset that the car broke down, you could appreciate that the car broke down during the day and not at night. Or that your boss got upset but didn’t fire you. Accepting the good even when there is bad always changes perspectives and helps people deal with bad situations.

I relate this to financial blogging because there are times where it’s very difficult to maintain my blog, however, I am very happy that I have loyal readers keeping up with me and appreciating what I post. The positivity is what keeps me going. :)