The Carnival of Personal Finance is up and this one is hosted at The Digerati Life. A very imaginative theme, a touch of mythology and symbolisms, created by the Silicon Valley Blogger. My post Breaking The Financial Illiteracy Cycle in Your Family was one of the “Editor’s Choice.” If you’ve just heard of the Carnival of Personal Finance, this is a weekly collection of the most recent personal finance articles in the blogosphere and it is published every Monday.

Anyways, below are the articles that I found interesting:

Financial Blogs: The Making of An Efficient Market by Kent from The Financial Philosopher is also one of the editor’s choice. I still remember that topic from one of my finance classes in college. Intereting article as the number of financial blogs have really grown so fast.

Is Self-Directed IRA For You by Joey Rosario at Joefiro.com talks about a non-traditional way of investing your IRA like real estate, small businesses, franchise, etc. This is one of the advantages of an IRA over a 401 (k) that I also mention on my post Why Opening A Roth IRA Is Best For You. This is also part of my Roth IRA series that I would post in the future. I plan to do a more in-depth analysis on the non-traditional investments.

In Defense of Real Estate Speculators by Equity Scout. Also check out his post Investors Vs. Speculators: Which one are you?. Good post as far as talking about the difference between a real estate investor and a speculator. I had my own experience on this when my wife and I bought a vacant land in 2005. Am I an investor or a speculator?

Japan Standard of Living-Money Ning Style by David at Money Ning. Just like what my wife has told me as she used to live in Japan for 10 years.

Seven Habits of Highly Effective Manager by Edith Yeung at Edith Yeung.com Dream Think Act Good advice to keep.

The Festival Of Frugality 

Not to be outdone, the Festival of Frugality #80 is also up and this one is hosted by  Money for the rest of us.

Below are my picks:

Friends Matter: Social Network Shape Our Perception at The Happy Rock 

Motivation For Frugality - It’s Not Always About the Money at The Tao Of making Money

Using Cash In A CashLess World by Nina at Queercents

82 Things You Can Do With A Penny by Valerie S Johnson at SavingsAdvice.com

22 Things You didn’t Know You can Get For Free by The Free Geek at RewardsProgram