PFI Weekly Updates - July 15 (2008) — Passive Family Income

Welcome to Passive Family Income (PFI) and the weekly updates. Thanks again to all of the readers who are now following my blog and for their participation. Here are some of the updates and highlights for the past week.

Carnivals
July 14, 2008 - I had an article included in the Carnival of Personal Finance #161: The “Feeling Renewed” Edition hosted by The Budgeting Babe. I would like to thank The Budgeting Babe for including my post - Adding a Discover Credit Card Income Stream in the Carnival.

July 9, 2008 - I had a post included in the Money Hacks Carnival #19 - Personal Finance Destinations hosted by Pinyo @ Money Hackers Network. I would like to thank Pinyo @ Money Hackers Network for including my post - June 2008 - Family Budget Review in the Carnival.

July 8, 2008 - I participated in the Investing Carnival #2 - A July Celebration! hosted by Dividends4Life. I would like to thank Dividends4Life for including my posts - Adding Bank of Amercia (BAC) to the portfolio in the Carnival.

Guest Post
I will be starting to include guests posts from time to time on PFI starting this week. I think it is an excellent opportunity to promote fellow bloggers who I enjoy reading! Be on the lookout for the guest post sometime this week.

Articles I liked this week
As usual, there were a lot of great articles over the past week on other blogs, but here are a few that I liked the most.

1 - The Passive Dad wrote about ‘How To Pay Off Credit Cards’. There are some very good tips in there for people who need to stop using thier cards. I am actually going to start helping my brother-in-law get out of credit card debt, so we will start with some of these tips!

2 - LuLuGal at How I Save Money.net talks about using her Discover card between July - September to get 5% back on gas purchases. I just opened up a Discover Open Road card to get the 5% back which I estimate will bring in an extra $60 per month in passive income.

3 - Mark at Personal Finance discusses his Prosper status for June (2008). I always love to read how other bloggers are fairing in the Prosper world!

4 - Frugal Dad wrote about an article featured in Parade Magazine this past Sunday about how thrifty families are saving money. I can relate to some of the saving’s tips while others seem to be a little extreme.

5 - Living Off Dividends gives an update how his monthly passive income broke the $3,000 barrier. I must say that I find these updates from this blog to be very motivating and helps me to keep going!

6 - Dawn at Fighting Foreclosure gives a run down on her Kiva lending experience. I am going to check out Kiva in comparison to Prosper in the next few weeks.

7 - The Dividend Growth Investor gave some interesting analysis on the average time a bear market typically lasts.

Have an excellent week!