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Carnival of Personal Finance #11 Highlights

JLP at AllThingsFinancial has published the 11th edition [3] and it weighs in at almost twenty submissions. Predictably, top billing goes towards the recent skyrocketing gasoline/oil prices but there are some good articles on popular personal finance topics such as budgeting, debt management, and financial planning. Here are the ones that piqued my interest:

Clutter2Cash has a very interesting article on creating a personal 401(k) [4], for those of you with self-employment income. This is something I might take advantage of in the future since the fees of a personal 401(k) are much higher (with justification).

Dawn at Frugal For Life has joined the “homebuying tips” fray with her own suggestions on tips before making the big purchase. I would argue that the minimum number of years you intend to stay somewhere before you buy should be seven years, not two.

Ironman has created a very helpful hybrid vs. standard car comparison calculator [5] and submitted it this week. It would’ve been awesome if he had listed some common EPA mileage ratings but the calculator is still useful regardless.