The Carnival of Financial Planning takes a long-term view of personal financial planning for individuals and families. We focus on efficient and sustainable personal financial planning practices that can lead to lifetime financial security.
Lots of interesting posts in this edition.
The Money Hawk, whose post “Reality Check: The President Can’t Save Us, Nor Should He” is included in the “Economics” section, suggests that “Everyone in the country needs to read this article, period.”
I do recommend that you read it. He makes a good point – “If you want to figure out why you’re in the situation you’re in, find a mirror and stand facing it. There’s nobody left to blame and there’s no other backs to pat. If you’re in it, you did it.” and “A thousand John McCains and a thousand Barack Obamas can’t do for you in a thousand years what you can do for yourself in ten.”
While I mostly agree with the above statement, there are situations when a person did not quite make his own financial bed – someone helped. If you read my post “What’s Wrong With This Picture” you will see that even a family that does everything correct financially can get screwed by the irresponsible behavior of others.
Fire Finance tells us that YUPPIES have been replaced, thankfully, by YAWN in his post “Want To Be A Millionaire? Follow the YAWN Philosophy”.