Personal Finance 101 Posts of the Day 4/23/07

• Credit Card Blog lists 10 reasons why everyone needs a credit card.
• Debt Consolidation News talks about how to get a pre-nup signed. I know it’s a touchy subject for a lot of people but I’m personally in favor of pre-nups. People argue that it means you’re assuming the marriage will fail but IMO, all you’re doing is being realistic. There is a chance that the marriage will end and if you address that in advance it probably means you have great communication which will probably help your marriage last.
• Blueprint for Financial Prosperity has a great post on why it may make sense to NOT roll over a 401k to an IRA. I agree with him and I get asked this question all the time in my classes. There are times when it makes sense to leave your money in a 401k. Typically they are when you have access to investments that would otherwise be closed to you.
• Free Money Finance talks about asset allocation.
• Enhanced Life talks about the excuses people make for not saving.
• Life of a Resident Alien gives 22 tips on how to build an emergency fund.
• An Engineering Approach to Money talks about why it’s good to fund your Roth early.
• 3 Debt Consolidation talks about different debt consolidation methods.
• Canadian Financial stuff talks about how even our northern neighbors hate payday loans.
• Queercents talks about developing a spending plan.