Take 5: A Roundup of Reads From Around the Web

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A look at five interesting personal finance posts from other bloggers around the Web. This week: how to sell your used car, how to use the food you've already bought, how to spend money in a marriage, how teens can launch careers, and why you probably don't need volcano insurance.

1. How to sell a used car

[Five Cent Nickel] I’m in my 50s, and I have a boat tied to the dock in my backyard. But I’ve never bought a new car. I’ve written about 8 Tips for Buying a $5,000 Car, so I also endorse advice on selling used cars – as long as you buy another used car. Any website that encourages used car sales and purchases is all right in my Blue Book. And Five Cent Nickel offers a comprehensive list.

2. The cost of food waste and how to prevent it

[Free From Broke] “Americans throw away 27 percent of their available food,” this site claims. “The average family of four wastes $600 in food each year.” Their tips for putting that money back in your pocket range from simple (check Internet recipes for what you’ve got left in the pantry) to extreme (shop only every other week for groceries?). But it’s all food for thought.

3. Deciding on fun money in a marriage

[Everything Finance] While Money Talks News tells you how to save money, our real purpose is to help you build wealth. Because when you do that, you can responsibly spend money on having fun. So I nodded along to this post when I read, “Don’t let budgeting and meeting quotas keep you from enjoying the simple pleasures in life.” Money is a big issue in most marriages. But no matter how much or how little you earn, it doesn’t have to be a painful one if you follow these simple rules.

4. 8 lucrative business ideas for high school students

[Dough Roller] Times have changed since I was in my teens, looking for an after-school job – the top two ideas here are “Start an online business” and “Develop an iPhone app.” The others I remember well: snow removal, babysitting, pet care, and lawn service, to name just a few listed here. But Dough Roller isn’t just encouraging teens to get a job – they suggest these youngsters start a business.

5. Insurance policies you don’t need

[Cash Money Life] Money Talks News has written before about 3 Kinds of Insurance You Probably Don’t Need, but here are some more that you should consider dropping if you have them (and avoiding if you don’t). Of course, insurance is also peace of mind, so you have to decide what that’s worth to you. But this post offers one iron-clad tip: Don’t buy volcano insurance in Rhode Island.

Stacy Johnson

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