Mid-Week Round-Up

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It’s Wednesday again already!

Here’s what has caught my attention in the past week:

ToughMoneyLove, the resident hardass of the personal finance blogging world (and I mean that in the nicest way possible), argues that it is flawed logic to invest money rather than using it to pay down existing debt.

Clever Dude has sparked a debate about giving a teenager a car. I wish somebody would give me a car…

For those who love open source software and freeware as much as I do, check out Broke Grad Student’s guide to free software and online resources. Like I’ve always said, paying for stuff is for suckers.

Poorer Than You has some useful advice for students about keeping your student loans on a short leash.

And finally, Frugal Bachelor is exploring the link between the number of keys on your keyring and simplicity in your life. I’m currently at 10 keys, and my keyring has been described as looking like it belongs to “a school janitor”. Maybe it’s time to simplify my life a little…

• Prison Taught Me Everything I Need to Know About Personal Finance This is a guest post by Roger, a former client of mine and self-described "jailbird". Roger is an inspiration to all who know him- he's cleaned himself up and now spends his time helping others do the same. I am delighted that Roger has agreed to make a contribution to......
• Ask the Readers: Are Deficits Okay? A lot of people in the personal finance blogosphere are at least ostensibly anti-debt. I'm not one of them. While I agree that no debt is better than any debt, I also believe that not all debt is evil and that borrowing can often serve some very useful purposes.......
• The Really Simple Guide to RRSPs This is the time of year when we start to see full blitz media campaigns from banks and financial planners urging Canadians to contribute to their registered retirement savings plans (RRSPs). Unfortunately, they don't tend to do a great job of explaining what RRSPs are or why you should consider......

• Review: Why Smart People Make Big Money Mistakes and How to Correct Them By Gary Belsky and Tom Gilovich This fascinating book by a popular financial journalist and a college professor may not be the newest book on the shelf, and it may not have the most hype, but by far, it is one of the most interesting personal finance books we have ever read. This book goes where......
• High School Money Book - Book Review I've mentioned several times in the pages of this site that I think personal finance topics should be taught to high school students. Well, High School Money Book is designed to be that primer. I would consider this book to be a jack of all trades, master of none, type......
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