Wow, super busy week at work to start the new year, so I have to confess I’m behind in my reading of blogs. Thus, the links are a bit abbreviated this week, but I promise I’ll be back on top of things soon! 
- As you may have noticed, the New Year started on Tuesday (and if you didn’t notice…wow. Just…wow). Most of the blogs in the blogroll posted resolutions, both financial and otherwise. Personally, I’m not a big resolution guy, but I did resolve to make $5,000 in side income in 2008. Monday I’ll start outlining just how I plan to make that happen.
- Oil hit $100 per barrel for the first time this week, and gas prices are back above $3/gallon here in Wisconsin. At Gen X Finance, Jeremy had a great article on how to invest to help offset increasing gasoline costs. Check it out and maybe next time everyone else is complaining about the increased cost of filling up, you can be chortling about the
- The start of a new year also means another chance to max out your retirement savings. But how do you decide which investment vehicle is the best place for your limited dollars? Free Money Finance chimed in on investing in a Roth IRA vs a traditional IRA or non-matched 401(k). I fall squarely in the middle on this one: I think there are enough advantages to investing pre-tax money (401k & trad IRA) and after-tax money (Roth) that you should have have both types, and invest based on your current tax rate and projected future needs. Have your cake and eat it too!
- Finally, Madison at My Dollar Plan had a great little collection of financial calculators. Don’t just guess about your savings, investing, retirement, or insurance needs, take advantage of these free tools and refine your figures!
Well, I hope everyone had a safe and happy first week of 2008. Don’t forget to check back Monday for the first outline of my 2008 extra income project!
