Financial Questions? Ask The M-Network!
The M-Network, a group of financial blogs including Being Frugal, Cash Money Life, Gather Little By Little, I’ve Paid For This Twice Already…, Moolanomy, Mrs. Micah, My Two Dollars, and Plonkee Money, is announcing a new monthly feature - Ask The M-Network! Every month, we will take user-submitted questions, give our collective input, and answer them. The questions can be any personal finance related topic. Not all members will weigh in on every question, and the question (and answers) will be posted on the blog where you submitted the question.
Here at I’ve Paid For This Twice Already, you can submit questions by either commenting on this post or using my contact form, and I will post a once monthly wrapup of questions submitted and the answers from the collective M-Network. Not all questions will be used, and I will identify the submitter by whatever designation they ask me to (a first name, user name, or a link to their blog if they would like). Also, our answers are opinions not professional financial advice – please remember that we are personal finance bloggers and not finance professionals. Our answers should not be considered professional advice and we assume no responsibility of any kind. Please consult a certified financial expert as needed.
You can read more details here - and feel free to submit a question via a comment to this post or my contact form!
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January 8th, 2009 at 5:12 pm
Well, it’s bothering me that there haven’t been any comments to read here the past two days, so I’m going to ask a question.
How exactly does one go about setting up a personal finance blog, anyway? I’ve wanted to set one up for quite a while since some bloggers have mentionned that it helps with accountability (and God knows I could use some help in that department), but I’m a little overwhelmed by all that it entails. Do any of you have any tips and tricks that you’ve learned on your blogging journey? Any particular obstacles that you’ve had to overcome? And does it REALLY make you more accountable or did you just start blogging at the same time as you started budgeting?
January 8th, 2009 at 6:27 pm
I’ll jump in too - I’ve put in so much energy in the past few years to educate myself about finances. However the one BIG thing I just cannot grasp is investing. I still barely understand mutual funds, stocks, bonds, and how to handle and understand my own 403b plan. I’d love to know about the best, most concise, and simplest book or website about the issue, that is really made for people who need to start from scratch to learn all those terms! To top this all off, I’m really interested in socially responsible investing, so many of the traditional avenues of investing turn me off because of the inability to control or know where your money is truly going. Thanks!
January 8th, 2009 at 9:13 pm
Thanks for the questions!
i have gotten a few via email too so you aren’t the only ones
I’ll sumbit them for people to weigh in on and get a post together in the next week or two. Thanks!
January 9th, 2009 at 9:09 am
CHB, that’s a really good question! I’m always a little dismayed when people give examples using an 8 or 10% rate of return. How the heck do they get that?