photo credit: StitchWelcome to PFI and the weekly updates. It has been another very busy week in the financial markets here in the US and globally. Signs of a worsening economy are showing up in some of the technology companies reporting slow sales and sluggishness. Now there is word of a possible second stimulus check to help stimulate the economy. While I would welcome the extra cash, I am not sure if I totally agree with it. After a while, I think there is only so much bailing out we can do. I guess if it came before the holidays, then the retailers would probably benefit from it. Regardless of a possible second stimulus check, our family continues to take the necessary steps in preparing for a financial crisis.
Carnivals
October 20, 2008 - I had an article included in the 175th Carnival of Personal Finance - ‘Jokey McJokester’ edition! hosted by Budgets are Sexy. I would like to thank Budgets are Sexy for including my post - Best Gas Credit Cards.
Articles I liked this week
Here are some of the articles I enjoyed reading over the past week -
1 - Bible Money Matters gives us a new idea for creating passive income by writing product reviews at ciao!com
2 - LuLuGal at HowISaveMoney.net talks about how her money saving habits makes her co-workers mad. My wife and I have run into this many times over the years with friends, family, and co-workers.
3 - Blogging Away Debt discusses a possible source of extra income by signing up for an account on iStockPhoto.com.
4 - Frugal Dad discusses how to talk with your children about the economic crisis. I can relate as my 4-year old son came to my wife and I the other day with his bag of coins. He told us we could have it if we needed money. He overheard us talking about cutting back our spending for a while and thought we were not going to be able to buy any food. Amazing what kids pick up!
5 - A post on Moolanomy points out how to manage your 401k during these rocky economic times.
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