Totally Money Blog Carnival #2

To my regular readers, I will be hosting this carnival at least every Monday in January, but I will have another post up in a few hours too. So if blog carnivals aren’t your thing, don’t worry, please check back in again after 9am CST.

Welcome the the second Totally Money Blog Carnival!!! Thanks for taking a look! I’ve riddled this one with crazy diet fads I found at Mark’s Daily Apple in honor of all of our resolutions, lol. I hope to make you smile enough to see you all next week again too!

Editor’s Picks

In 1964 Robert Cameron published “The Drinking Man’s Diet,” a weight loss book that emphasized carbohydrate control but also recommended that readers drink gin and vodka, which, in and of themselves, are low-carb beverages.

• Silicon Valley Blogger presents I Just Lost My Job! How I’m Downsizing My Household Expenses posted at The Digerati Life.
• The Passive Income Earner presents The Passive Income Earner: Property Assessment: How I use it with my Net Worth. posted at The Passive Income Earner.
• Roger, the Amateur Financier presents I Couldn’t Make This Up: 50 Cent, Penny Stocks, and Twitter posted at The Amateur Financier.

Budgeting and Saving

In the early 1900s, San Francisco art dealer Horace Fletcher unveiled a new weight loss technique under which you were allowed to chew your food – 32 times to be exact, one for each tooth – but could not swallow it. Fletcher – or the Great Masticator, as he was often called – theorized that by only chewing your food in this fashion – a technique that was dubbed Fletcherizing – your body would absorb all the nutrients it needed and you would be able to enjoy the taste of food without the risk of weight gain.

• Carlos presents Win a $25 Amazon Gift Card: Bring Your Lunch Contest posted at The Writers Coin.
• Kay Lynn Akers presents Resolutionize Your Finances: Savings posted at Bucksome Boomer.
• Emma Thesenvitz presents How to Budget and Save Money posted at Creditcents.
• Save Few Bucks presents How to Save Money on Furniture posted at Save Few Bucks.
• Marvin Grossman presents Car Insurance Comparison: Most and Least Expensive 2011 Vehicles to Insure posted at Insure.

Money Management

Eat, eat, eat and always stay thin – or so claims a promotional poster for The Tapeworm Diet. Under the plan, all you had to do is simply swallow a worm-laced pill and watch as the worm dined off your food.

• freefrombroke presents Free Online Checking Accounts posted at Free From Broke.
• Jason presents 5 Things to Do in the New Year posted at Live Real, Now.
• Melissa presents What Motivates the Money Pushers posted at Mom’s Plans.
• Echo presents 20 Simple Steps To Improve Your Finances Next Year posted at Boomer & Echo.
• Joe Morgan presents Avoid Debt: Don’t Be A Second-Hander! posted at Simple Debt-Free Finance.
• Lauren Dzuris presents Top Money Mistakes Made by Young Parents posted at FINDmycarseat.com.
• Charles Chua C K presents 7 Effective Ways to Avoid Poverty posted at All About Living with Life.

Spending and Debt

Like grapefruit? Want to eat it for every meal? Well, on the grapefruit plan, you will…for 12 days…grapefruit, grapefruit, grapefruit…all day grapefruit. Sound boring? Absolutely. Will it work? Well, yeah, but only because your daily intake on this diet hovers around 600 calories or less (beefed up of course by the odd egg and the occasional cup of coffee).

• Dave@50plusfinance presents Should Couples Have Separate or Joint Accounts; Revisited posted at 50 Plus Finance.
• Money Beagle presents Restaurants and Debit Cards posted at Money Beagle.
• Kim at MMI presents Dealing with old debt posted at Blogging for Change.

Finance

Ever tried the “Sacred Heart Diet”? How about the “Military Cabbage Soup,” the “TJ Miracle Soup Diet,” or the “Russian Peasant Diet”? Why would a diet need so many aliases? Well, when the key ingredient is freakin’ cabbage you need to do something to jazz it up! Popular in the mid-80s, the cabbage soup diet required followers to consume as much cabbage as they want for seven days (and presumably stay away from open flames!).

• Susan Howe presents 7 Silly Ways To Waste Money On Auto Insurance posted at Insurance.
• Buck Inspire presents Passive Income Roundup posted at Buck Inspire.
• Jessica presents Financial Lessons I Learned from Alice in Wonderland posted at MomVesting.
• Mike Piper presents Stocks or Mutual Funds: Which Should I Buy? posted at Oblivious Investor.
• Aussie presents Highest Dividend Stocks In The ASX100 posted at Australian Stock Market Investing Blog.

Credit

Introduced in 1987, the F-plan advocated a high-fiber, low-fat, calorie-controlled eating plan. The idea is to fill up on fiber and you’ll be less inclined to overeat from other food groups. However, the diet literally sang the praises of carbohydrates, with a particular emphasis on the consumption of potatoes, legumes and grains, which we now know is not a recipe for optimal health.

• PT presents How To Freeze Your Child’s Credit Report To Prevent Child Identity Theft posted at PT Money.
• Kevin McKee presents Do I Have Too Many Credit Cards? posted at Thousandaire.
• Robert Alan presents Elizabeth Warren’s First 100 Days in Office – What Has She Done? posted at Credit Card Assist.
• CreditShout Kevin presents Southwest Airlines Rapid Rewards Program Review posted at CreditShout.
• WB presents What’s A Good Credit Score? posted at Non Chexsystems Banks.
• Barry Noret presents Bad Credit ? Moving Past the Shame posted at Your Personal Worth.
• Tim Chen presents Capital One Credit Cards: Which is Right for You? posted at NerdWallet Blog – Credit Card Watch.

Taxes

Popularized most recently by one Ms. Beyoncé Knowles, the diet requires users to drink six to 12 glasses of lemonade laced with cayenne pepper and maple syrup. Still hungry? Have another glass…and another… and another.

• Khaleef @ KNS Financial presents Tax Filing Deadline Extended: A Holiday For Procrastinators posted at Faithful With A Few.
• Sunil presents Gifting Stocks as an Income Tax Planning Transaction posted at Sunil from The Extra Money Blog.
• Darwin presents Value of Tax Shield Explained – MBA Mondays posted at Darwin’s Money.
• John Keeble presents How To Apply for a UTR Number posted at UTR Number – Unique Taxpayer Reference Number.
• Kathy C presents Social Security Tax Cut 2011: What Employers Need to Know posted at The Thriving Small Business.
• David de Souza presents One million more people to be affected by tax mistakes posted at Tax Return Blog.
• Steve Norman presents What Everyone Should Know About Tax Codes posted at Tax Codes.

Careers and Real Estate

Think you can lose weight drinking beers and knocking back tubs of ice cream? Then you might interested to learn about the beer and ice cream diet, a concept built around the very real scientific law of thermogenesis. Based on this principle, the diet’s developers theorized that you could lose weight by consuming cold foods because your body had to work hard to warm up the meals before you could digest them. Effective? Nope, but people sure did have fun giving this one a whirl (or a swirl…if you’re into ice cream humor!)

• Squirrelers presents Andrew Luck Stays in School: What Would You Have Done? posted at Squirrelers.
• retirebyforty presents Investment Fundamental #8 Real Estate posted at retireby40.org.
• Jonathan presents How To Do More, With Less Time posted at Cents To Share.
• Gal Josefsberg presents Reach Out And Touch Someone posted at Equally Happy.
• BWL presents Job Interview Preparation: Tips & Advice posted at Christian Personal Finance.

Economy and Reviews

Popularized by faux-Brits Gwyneth Paltrow and Madonna, the Macrobiotic diet borrows from the traditional Japanese diet, emphasizing whole grains, vegetables, beans, and modest amounts of fish and then throwing in a part about every meal needing to hit a balance between yin and yang. While the diet is generally sound in that it advocates a diet rich in vegetables, it can cause a number of nutritional deficiencies, including inadequate intake of protein, Vitamin D, calcium, and iron, among other essential nutrients.

• Amanda L Grossman presents Who Would Win in a Fight: SavingsAngel.com or the Grocery Game? posted at Frugal Confessions – Frugal Living.
• Mike Collins presents Book Review – Psych Yourself Rich by Farnoosh Torabi posted at Saving Money Today.
• Michael presents 157 Banks Taken Over by the FDIC in 2010 posted at The Dough Roller.
• Control your Cash presents How to invest with inflation still in the distance posted at Control Your Cash: Making Money Make Sense.
• Steve Zussino presents Problems with Mint.com in Canada posted at Grocery Deals in Canada.
• Marvin Grossman presents 5 Things Credit Card Companies Don’t Want You to Know posted at Card Ratings.
• Lazy Man and Money presents Credit Sesame: Free Credit Scores & Debt Management posted at Lazy Man and Money.

Other

Remember when we were told that fat was bad? And the stores responded by stocking reduced fat foods. And then Americans were thin…wait, what? Nope, it didn’t happen like that, and here’s why. When food manufacturers reduced or altogether eliminated the fat in products, they added sugar to improve the taste. As for the claims that following a low-fat diet could improve your health, a 12-year study published in 2006 the Journal of the American Medical Association found that low-fat diets did not significantly reduce the risk of cardiovascular disease, coronary heart disease or stroke in women (with the same being said for men, just not in this particular study). So to clear up any confusion, low fat diets DO NOT WORK and fat is not the enemy. In fact, a diet that contains a high amount of healthy fats is considered only one thing in our books – healthy!

• Flexo presents 4 Ways to Retire Early by Cheating posted at Consumerism Commentary.
• Ramsay presents Start Your Own Freelancing Business posted at MoneyedUP.
• Fitz Villafuerte presents How Being Stubborn Can Make You Rich posted at Ready To Be Rich.

Thanks so much!!!

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Please submit your posts to the January 24th edition of the Totally Money Blog Carnival using the carnival submission form. Please remember that this carnival will only include recent, original posts about personal finance or money AND that a description MUST be included when you submit. Thank you!

Also, I opened up Totally Money to outside hosts starting the week of February 7th, so feel free to throw your name in the ring if you match the qualifications. Please contact me with your top 3 date preferences if you are interested!

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