Carnival of Personal Finance #202 - The Lao Tzu Edition

Lao Tsu writing the Tao Te Ching on bambooLao Tsu writing the Tao Te Ching on bamboo paper

Welcome to the 202nd Lao Tzu edition of the Carnival of Personal Finance. With each passing day the going is getting tougher for millions. So we felt inspired to theme the Carnival on the quotes from the great master Lao Tzu. He is the author of “Tao Te Ching.” Tao means the way of all life, Te means the fit use of life by men, and Ching implies text or classic. He believed simplicity to be the key to truth and freedom. On that note we hope that his sayings will help us to consciously lead a simple life filled with joy and abundance.

A small note before we get started on the carnival. You may want to checkout our current giveaway of YNAB (You Need A Budget) Pro - Personal Finance Software worth $50. To enter the giveaway all you need to do is simply a leave a comment with your favorite two digits.

To enjoy this huge carnival to the fullest it might help to ease yourself into a relaxing chair with a drink of your choice and some time on your hands :).

Editor's Picks
Do the difficult things while they are easy and do the great things while they are small. A journey of a thousand miles must begin with a single step.

Editor's Picks
  • The Three Most Influential Lessons My Parents Taught Me - "My parents taught me some very important financial lessons, if not life lessons" - My Life ROI, Frugal Dad

    MLR shares three most influential lessons that his parents taught him at an early age of 8 years which helped him to remain debt free throughout his adult life and pay his way through college. A candid article which is a must read for all adults especially those who are parenting young kids :).
  • Are Green And Socially Responsible Mutual Funds Worth It? - "A greener and more socially responsible alternative to investing in green and socially responsible mutual funds." - Pinyo, Moolanomy

    Pinyo presents some salient points about why investing in green and socially responsible mutual funds may not make sense.
  • 5 Ways To Report Scams - "Have you ever wondered who you should report a scam to?" - Chris Holdheide, Stumble Forward

    Chris has written a very useful and informative article about how to report a scam and who to report it to should you become a victim.

Health is the greatest possession. Contentment is the greatest treasure. Confidence is the greatest friend. Non-being is the greatest joy.

Finance, Savings & Taxes

Frugality, Saving & Budgeting
Be Content with what you have. Rejoice in the way things are. When you realize there is nothing lacking, the whole world belongs to you.

Frugality & Savings

Money Management
The sage does not hoard. The more he helps others, the more he benefits himself, the more he gives to others, the more he gets himself. The Way of Heaven does one good but never does one harm. The Way of the sage is to act but not to compete.

Money Management

Credit & Debt
If you would take, you must first give, this is the beginning of intelligence.

Credit & Debt

Real Estate
In dwelling, live close to the ground. In thinking, keep to the simple. In conflict, be fair and generous. In governing, don't try to control. In work, do what you enjoy. In family life, be completely present.

Real Estate

Finance & Economy
I have just three things to teach: simplicity, patience, compassion. These three are your greatest treasures.

Finance & Economy

At the center of your being you have the answer; you know who you are and you know what you want.


Truthful words are not beautiful; beautiful words are not truthful. Good words are not persuasive; persuasive words are not good.


Well, with that we've reached the end of this carnival. If you liked the carnival, you may want to look around. We've got some great articles that might prove useful towards leading a simple yet happy life :).

We thank Flexo for giving us an opportunity to host a Carnival of Personal Finance. The next edition of this carnival will be crafted by Weakonomics. Heartfelt thanks to all for making this carnival a success. Adieu till we meet again at another carnival of joyful sharing.
A leader is best when people barely know he exists, when his work is done, his aim fulfilled, they will say - "we did it ourselves."
Image Source(s): Lao Tsu Photo courtesy of kafka4prez, iStockPhoto

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