Personal Finance 101 Posts of the Day 5/30/07

• Zen Habits gives 10 tips to simplify your budget.
• Ask Mr. Credit Card asks how much do you need to feel rich?
• Life, Lived talks about ways her family saves money.
• The Frugalist gives 21 reasons why it's good to be frugal but not cheap. (I call myself a cheap-a$$ but according to this I'm just frugal. Whew!)
• Mint gives a list of 20 mistakes to avoid during credit repair.
• $1 Million to my Name - Part III in his retirement saving pitfalls series - relying on an inheritance.
• My Financial Awareness talks about things to consider when establishing an emergency fund.
• Mad Money Analyst talks about why starting to save for retirement now is important.
• Advice and Rants gives suggestons on how to join forces with your friends to be frugal.
  

This week in Blogs (1/14-1/21)

• JLP at All Financial Matters talks a bit about his concerns about Social Security as a follow up to comments about a prior post. It’s a divisive issue that many people don’t want to think about. Check out the comments that he’s getting. He also has a great post on how to calculate the expected return on a portfolio.
  

• Boston Gal talks about the cheapest way to get DIY tax software. She also made a great post about how having kids impacts your financial plans.
  

• At Blueprint for Financial Prosperity they take a look at historic federal tax brackets. I absolutely agree with his conclusions and have been saying it for a while. People who think that when they retire they’re going to be in a lower tax bracket are in for a rude awakening. When you take into account inflation and history it’s almost certain that rates will be higher in the future – and you should plan accordingly. Also, as a compliment to our article about why a Roth is great, here’s a post on why you should invest in your Roth right now.