This is a guest post from Mr Credit Card. Today, he is going to write a guest post about ROI on credit cards (which I guess fits the theme of my blog).

Credit cards are like knives. You can hurt yourself with them, or they can be great tools. Today, I’m going to talk about how to increase your “ROI” on your credit card use. But first, let’s talk the how your credit card ROI is correlated with how you use your card.

Negative ROI – If you carry a balance on your credit card, then your use of credit card is a negative ROI. That is because you are paying interest. If all you are paying in the minimum payments, you’ll experience a negative ROI for many years!

Welcome to the Carnival of Personal Finance, Edition #224 – National Dog Week. I’ll be honest, I had no idea it was “National Dog Week” until I realized I was hosting this week’s carnival. On my search for a carnival theme, I stumbled upon a site that listed this month’s holidays. When I saw that it was National Dog Week, I figured that it would work perfectly with my pro-dog stance while simultaneously allowing me to post a pic of our dogs! In conjunction with this week, if you are looking for a place to donate money to, consider donating to the ASPCA.

On to the carnival, there were 60 awesome submissions this week, and I am honored to be the host of all of them.

I just thought this would be an interesting read for your Friday. Nice and light-hearted to ease you into the relaxing (hopefully) weekend.

Have you ever seen the show “Jackass” or one of the other similar shows? If not, the idea is simple: You watch guys do stupid things to each other which usually include some combination of urine or feces, genitalia, pain, falling from high places, blood, and a group of friends laughing at the person as they get a free ride to the hospital.

That sequence of events gets played out everyday all across the country by the shows endearing fans.

Are they drunk? Or just stupid?

Probably drunk. And probably stupid.

Whether you’re on a budget because you’re a student or you’re just trying to cut back on your discretionary spending so you can save up for something big, there are a lot of ways that you can work within your budget and not have to totally sacrifice looking in step with the latest trends.

Here are just a few ideas for cutting down on your personal care and clothing budgets without having to ever look “uncool.”

1. Buy quality, not quantity.

More often than not, investing in clothing and shoes that are of a higher quality is actually a better investment even though it requires more capital up front.

My biggest news in the past month… maybe few months… is that I am now a Moolanomy staff writer! He was graced with good news about a job change, so he needed a few extra writers to keep his blog running smoothly. I’ll still be writing here on the same schedule, so nothing should change on this end. Just make sure you check out my posts on his site, like my first one this week: Advice To Recent Graduates From An Ex-Recent Grad.

Other than that, here are a few of the carnivals I participated in as well as the articles I enjoyed this week.

Carnivals

• Best of Money Carnival #17 – 5th place
• Carnival of Personal Finance #223