Recommended Personal Finance Advice & Weekly Roundup

Next week, I will start a series of post discussing about cash flow and net worth analysis.

Before that, here is a roundup of the insurance policy reviews I posted last week:

• Great Protectlink Insurance (Investment-linked),
• Supreme Livin’Care Insurance (Living Assurance)
• Great Income Advantage Series 2
• Great Eduplanner (Education Plan)
• Supreme Care ( Whole Life Non-par)

Following up is the blog carnivals that happened around the personal finance blogosphere. Blog carnival is a host of many articles about the same topic at one post. Please visit these carnival host to get more money tips.

• Carnival of Wealth Building Ideas
• Carnival of Personal Finance #117 at KMULL
• Carnival of Debt Management #23 at Debt Consolidation Lowdown
• Carnival of Everything Finance  at Everything Finance
• How to solve money worries at Widow’s Quest

Next are the articles I read from my feed reader. I think you will be interested to read the stuff that I enjoy reading too. This the list of the great articles I like to share with you:

• Salvatore Dali shares his opinions about the value of CEO and the income they deserve. He even showed me how to calculate the CEO salary with an equation linking market cap and net profits.
• Josh Catone @ Read/WriteWeb shows a micofinance non-profit organization, Kiva.org success story. I got a few hundreds US dollar sitting idly in my Paypal account. I will use it to provide microloans to developing nations. In the process, no profit will be made because there is no interest charges unlike Prosper.
• Trent @ The Simple Dollar shares his views on the widely used financial software, Microsoft Money and Quicken. I used Microsoft Money with Spb Finance that provide synchronization between PC and my PDA. But Trent tried both and didn’t use any of them. According to Trent, it takes too much of his precious time to input all the data. But to me, it saves me a lot of time because reports are generated just with a simple mouse click. The report generated is worth the time spend. It help me analyze my own spending trend.
• J.D @ Get Rich Slowly thinks that the book Live Simple (available free if read online) deserves your attention. J.D also stress some points that help him live a simple life.
• Fire Finance elaborates all investment related risks. Read his article to find out more.
• Eric Hundin wrote the Top 10 Reasons You Need A Trust. Some of the reasons might not be valid in Malaysia, such as estate tax, which is abolished in Malaysia because most of the wealthy people in this country also took part in making the law. I think Eric will agree with me that there are definitely more than 10 reasons to set up a trust. However, it only takes one great reason for you to set up a trust, no matter poor of rich.

I’ll see you around next week with a series of cash flow and net worth analysis. Have a great Sunday reading session.

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