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: extreme couponing is extremely painful, explaining a balloon payment, babies vs. debt, lessons from Michael Vick, and spicing up your boring workday lunches.

1. Extreme couponing creates extreme mess for bargain hunters

[Generation X Finance] Money Talks News has been skeptical of extreme couponing (6 Reasons to Reconsider the Extreme Couponing Craze), but GXF goes deeper with a look at how retailers are responding – which could hurt all couponers.

2. What is a balloon payment mortgage?

[Money Crashers] Sometimes, it helps to get back to basics. If you’ve ever wondered exactly how a balloon mortgage payment works, here’s a clean and simple breakdown – along with the pros and cons of getting one.

3. Should you pay off debt before having a baby?

[Bible Money Matters] As a personal finance expert, my answer to this question is always: Pay off those debts first! But I’m also not a parent. Here’s a thoughtful breakdown of the concept from someone who is.

4. When people get rich quickly: lessons from Michael Vick’s bankruptcy

[Consumerism Commentary] You don’t have to like football to know about Michael Vick, the quarterback who was sent to prison a few years ago for hosting dog fights. Well, you might not know he also went broke. Here are some wealth basics using this polarizing player as an example.

5. Creating cheap, healthy work lunches

[Wise Bread] This site excels at just this kind of advice: simple, creative, yet doable food tips. From yogurt to leftovers, here are some cheap ways to spice up your brown-bag lunches.

Stacy Johnson

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