My post on the advantages of organizing your business as an S corporation was included at this week’s Carnival of Personal Finance hosted at ManVsDebt.  Check out the Carnival for Adam’s great photos of New Zealand.

The awards this week are as follows…  May I have the envelope, please.

• The award for the best use of a credit card goes to Anna who wrote about a wall-sized rainbow made up of credit cards currently on display at a Dutch art museum.
• The award for best family story goes to The Incidental Economist for  his exploits selling a family heirloom.
• The award for the best theme is a three-way tie that goes to the Suburban Dollar, Nina at Queercents, and My Money Blog who each wrote a post this week on the benefits of paying off your mortgage early.  I hope this may signal a national trend and the end of the CDO.

I also liked Jim’s post over at Getting Your Financial Ducks In A Row clarifying how to best divvy up an inherited IRA.

Robert Brokamp wrote a great guest post at Get Rich Slowly on the importance of saving for retirement, even if you don’t plan on retiring.  I think retirement will be quite different for my generation than it was for my parents’ (or their parents’), so it pays to keep an open mind about your options.

Image credit:  calca at Flickr.

My post on the Monte Carlo estimator for retirement planning was included in this week’s Carnival of Personal Finance.  LAL is the host this week at LivingAlmostLarge and she did a great job compiling the list and included a line or two about every article.  Kudos to you, LAL, for going the extra mile.  Some of your comments are pretty on target, too.  I especially liked the comparison of credit to booze.  It’s true that some folks can’t help themselves and would be better off abstaining.

The carnival had a number of other intersting articles including:

• AskMrCreditCards’ article discussing Can Credit Card Companies Go After You If You Leave The Country?, including the legal, moral, and practical implications of leaving without paying.
• Rohit from eMoneyLog wrote a two part Complete guide to emergency funds, which in general is quite good.  I disagree, however with his statement that certificates of deposit aren’t a good place for Emergency Funds.  I think a CD is a great place to stash the cash, because it’s just hard enough to get money out that you won’t be tempted to spend it on that shiny new set of golf clubs you’ve been wanting.  And Ally bank offers a no-penalty CD with a pretty good rate.
• Mr. GoTo from GoToRetirement wrote on how to Create a Free Financial Plan, listing two online programs and two stand-alone software programs — all free.  I’ll be checking them out, and I’ll be reading more of his well-written blog, too.

Photo credit:  Robert C at Flickr.

My article on Why don’t more 401(k) plans include index funds? was published today in the Carnival of Personal Finance hosted this week at FIRE Finance.

I’ve submitted ETF’s vs. Index funds: The good, the bad, and the ugly to the Money Hack Carnival being hosted this week at Financial Highway.