Take 5: A Roundup of Reads From Around the Web

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This week: how to start a home business, biggest job mistakes, buying and selling on Craigslist, vacation home exchanges, and why credit cards aren't competitive.

1. 6 Things Not to Do When Starting a Home Business

[Financial Highway]  In this post, author Craig Donofrio (who also writes for us) offers advice on mistakes to avoid if you work from home. Having worked at home for more than 20 years, I can tell you he’s right on. His suggestions include not blowing time or money on stuff like stationery and logos, always keeping receipts and avoiding multi-tasking. Check out the post for more advice.

2. The Biggest Mistake I Made at My First Job — and What I Learned From It

[Five Cent Nickel] The mistake author Suba Iyer is referring to? “I never let anyone know how much I was accomplishing or highlighted how much my work had contributed to the overall bottom line of the company.” The result was a lack of recognition and raises. The solution? “I learned from my mistake never to dismiss my accomplishments and always speak up.” It’s a good article.

3. Tips for Buying and Selling on Craigslist

[Frugal Model] While we’ve done similar posts, this one had some good tips, like requesting additional pictures before heading out to buy, and being very specific in the title when selling. See the post for more ideas.

4. How to Arrange a Successful Vacation Home Exchange

[GalTime] We’ve covered this topic before: See “Best Hotel Price You’ll Find This Summer? $0.” This post adds some tips, like really getting to know the people you’re swapping homes with and getting a complete video tour of the home before committing.

I’ve been meaning to try this idea myself. Maybe this is the year I’ll finally do it.

5. Credit Cards Aren’t as Competitive as They Want You to Believe

[Wise Bread] Interesting post from Emily Guy Birken. It’s about how credit cards, while seemingly falling over themselves to compete for your business, aren’t really all that competitive. The reason they don’t have to offer better rates and terms? “Rather than a free market, we have a credit card market that is limited by both our own behaviors and preferences and by the lock-in schemes of the credit card companies.”

What do you like?

We’re always in the hunt for talented personal finance writers and interesting sites. If you’ve got a favorite, let us know below or on our Facebook page!

Stacy Johnson

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