It has been a busy week for us here at Our Fourpence Worth. We partipated in another PF Bloggers Network Group Writing Project, the topic of which was our Personal Experiences with Loans. We wrote about the first time we purchased a car on our own and got in a little trouble by being clueless as to how the credit, loan and auto sales industries work. It was a once in a lifetime mistake that you can be sure we won’t ever be making again - Learning From Our Mistakes: Our First (Auto) Loan.

Check out the PF Bloggers Group Writing Projects page for more, and if you are a personal finance or frugal living blogger, you are invited to join in our Extended Group Writing Project. We also hosted the 16th Edition of the Finance Fiesta, the theme of which was “Devote Your Life to Money!” a cynical poem by David Kessel about the virtues of money.

A quick note before we begin with today’s roundup, we have been doing roundups once a month for the past few months, but plan to begin doing them twice a month. The reason we don’t do weekly roundups as many other bloggers do is simply because of our personal, work and blogging schedule. As you’ve probably noticed, we only manage to publish about 3 original posts a week so weekly roundups would not be a good balance of original and linking posts. OK, now on with the roundup.

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This month’s Group Writing Project is about Personal Experiences with Loans, so we’ll tell the story of our first, somewhat disastrous experience with loans, of how we got in trouble and rectified the situation.

In May 2003, when we moved from Hawaii, we lived in a tiny garage apartment in Hayward, CA (more about this in Our Family Financial History). After a few harrowing experiences of walking as long as 3-4 hours through the dodgy neighborhoods to run errands, we decided we needed to buy a car ASAP.

Not knowing the first thing about buying a car or obtaining a loan, we set out on foot on Memorial Day 2003 and walked several miles to the car shopping district. The first used car salesman we spoke to asked us about our credit history, of which he had none. He told us we wouldn’t be able to buy a car without credit history and made some suggestions that we buy some jewelry on financing to build credit. Well, we needed a car then, not a year after owning jewelry we didn’t need, so on we went.

At the next used car lot we stopped at, a young salesman hurried out to speak to us. I can’t quite recall what was said in the conversation except perhaps that we were looking to buy a used car. Before we knew it, we had been whisked off in one of the used cars and driven over to the KIA dealership a block down the road and seated at a table with 2 car salesmen.

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Our Fourpence Worth participated in the Festival of Frugality #140: The Frugal Quotes Edition hosted at the beautifully designed FIRE Finance with our post Save by Not Saving on These Things by Madoline Hatter.

My favorite frugal quote from this edition was:
“The best way to save money is not to lose it.” - Les Williams

One of the posts I found useful was How To Change Your Car’s Engine Oil by Clever Dude. This was something I had briefly contemplated doing ourselves in the past, but after reading this article, I am thinking twice about it. But it gives good step by step instructions as well as tells you what equipment you need in order to change your own oil. Note that you need to change your own oil about 12-15 times before the oil and equipment purchases start paying you back, so if this is something you don’t think you can stick with long term, save by not saving on your own oil changes!

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Welcome to the The Old Money Edition of the Money Hacks Carnival! If this is your first time here, please have a look around and consider subscribing to our RSS feed. Be sure to also check out Festival of Frugality No. 139: The Michael Phelps Edition which was hosted here yesterday for more recommended reading.

Madoline and I have a fondness for history and all things old, so the theme for today’s carnival is “Old Money.” While credit cards, online banking and checks are great modern commodities, they just don’t have the charm of good, old fashioned money - in other words, cash. We hope you enjoy this tour through United States Treasury history and the art to be found in currencies of the past.

1934 $100,000 USD Bill (Woodrow Wilson)

Editor’s Picks

• PT presents 9 Tips For Going To One Income.
• Twenties Money Magazine presents My College Sold Me Out.
• Toni presents Happy with What We Don’t Have.
• The Investor presents How a boring broker will make you richer.
• Karen presents Spending money can save your money.

1918 $10,000 USD Bill (Salmon P. Chase)

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Welcome to the 139th Edition of the Festival of Frugality! This week’s edition celebrates the sensational achievements of Michael Phelps, holder of 15 Olympic Gold Medals and 7 World Records in swimming, in the past week and a half at the 2008 Olympics with photos and inspirational quotes from the champion himself.

I am also hosting the Money Hacks Carnival tomorrow, so be sure and check back for more great reads! If this is your first time here, please look around and consider subscribing to our RSS feed. 

Now on with the carnival!

(AP Photo/Mark J. Terrill)

Editor’s Picks

• Silicon Valley Blogger presents Lost Money: How Money Drains Add Up To $175,000 In 10 Years.
• MoneyNing presents Frugally and Happily Back to School 9 Different Ways.
• Kevin Brink presents “Sale” Can Sometimes be Just Another Four Letter Word.
• ISPF presents 10 Tips to Get Anyone into the Habit of Cooking at Home (Even if You Have Never Stepped into the Kitchen Before).
• Savingadvice presents Reached Financial Independence. Now What?

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With numerous “How to Save Gas” tips all over the internet, such as this one on WikiHow: How to Save Money on Gas, I figured I wouldn’t do one here because they can be easily found elsewhere. So this post won’t be about the most common suggestion such as: Unload all unnecessary weight, leave early, drive slower, etc., but rather on how you can use tools provided by Google Maps to save you gas and time.

With gas prices constantly rising and the economy as it is, we can’t go wrong saving even tiny bits of money and gas here and there. Even if we shave off only .1 mile on a daily trip, it will add up to something.

Google Maps has been getting fancier and fancier with satellite images, trip planners with multiple destinations, re-route tools to discover shorter routes and more. Many of you probably already know about this, but it is possible that some do not, so I thought I would do an in-depth guide on how to use Google Maps to help you plan and re-route trips, be they long or short distance.

This is a rather long guide (mostly due to the number of images), so here is a table of contents of the sections contained in this post:

• How Google Maps Can Help You Save Gas and Time
• How to Re-Route Trips on Google Maps
• Driving Directions and Route Options
• Traffic Conditions
• Satellite Image Street Views
• Foreign Travel
• Fun Stuff & Research
  • Photos and Wikipedia
  • What does your house look like from the sky?

How Google Maps Can Help You Save Gas and Time

• Re-routing drives for daily errands, trips to the grocery store, to your kids’ schools, church, the bank, post office or homes of friends and family.
• Planning routes with multiple destinations to consolidate your trips.
• Avoiding left turns, which according to UPS (UPS Delivers Gas Saving Tip), saves gas because it prevents waiting in traffic.
• Satellite images of street views can show you what unfamiliar destinations look like so you can know what to expect, which side of the road your destination is on, which lane you should be driving in and prevent you from wasting time by getting lost.
• Traffic conditions look-up for live traffic or a specific day and time can help you plan your departure time and estimate driving time.

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