Here are the posts from around the blogosphere that I think deserve most of your attention.

Tricia @ Blogging Away Debt suggests that you should let your kids make money mistakes. Trying to guard them too much doesn’t help in other areas of life either.

Jim @ Blueprint For Financial Prosperity gives five good reasons to start your own garden. We are on our way to do that, what about you?

Trent at The Simple Dollar shares good thoughts on The Value (and Cost) of Experiences.

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Trent from The Simple Dollar is one of my favorite bloggers. Judging by the numbers in his Feedburner chicklet, he’s liked also from at least another 35,000 readers - Trent is quite a popular fellow. In 2007 The Simple Dollar got Performancing award for best business/money blog.

Besides the good posts there you will find some downloadables - just scroll the home page a little bit and you will find them at right.

Enough about the blog. Let’s try to have a look deeper inside Trent’s brain - get your scalpel and join me now:

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I was on two week visit in South India (a very nice place). That’s my second travel in this area, but now for the first time I paid special attention to the financial habits of the people there. The majority of Indian people have never been too rich but seem to manage living a healthy and happy life. I’ll share few of the most probable “secrets” that they use for that.

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Yet another nice guy from the IT business comes to share his view about personal finance this week. David writes the Money Ning blog. He has a very interesting story explaining why he is interested in the money related topic. This is one of the reasons why I did not asked him such a super innovative question like “How did you decide to write about personal finance”. Oh well, I came up with 3 other questions instead.

David doesn’t speak too much, but who says that quality equals quantity? Let’s hear his words:

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Do you sometimes get bored by the “blogosphere”? No matter what is the topic you read blogs on, most of them are all saying the same: Tips on how to do X and Y (tips that you know for years), “news” that you can read everywhere, contests, and same old talk. I don’t mean to offend you if you are a blogger - certainly there are some interesting reads and some very creative bloggers. But they are the minority.

Photo by jimw at Flickr

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The following is a guest post from Ben at Trees Full of Money

Most financial planners will advise you not to borrow money from your 401k with the concern that you may “miss out” on market gains. However, if you need cash and your financial situation leaves you no other alternatives, borrowing money from your 401k might help you get your financial life back on track.

Each 401k plan is different so be sure to read your plan’s terms completely before taking a loan.

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Have you read Jim’s profile? There is some very good stuff in it. I hope you don’t think I am done with the profiles just because I had the most popular personal finance blogger here. There are plenty of other interesting people to interview, and Jaimie from PaidTwice is here to prove that. Her blog shares one reasonable and down to earth approach to money and life.

Ok, enough intro, let’s give the word to Jaimie:

SI: What’s wrong with debt? Some people live in debt all their life and always get into more debt - and they all seem to be happy. Why do you choose to get out of debt?

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The following is a guest post from Rob Bennett. He writes the “A Rich Life” blog. He is the co-developer of The Stock-Return Predictor.

Lots of people read Robert Shiller’s Irrational Exuberance. I’m different. I took what the guy said seriously.

Shiller taught me how to value stocks in a way that makes sense. Lots of people use the Price/Earnings Ratio. Shiller explains why that doesn’t work (changes in the economy cause earnings to go through shifts from artificially low levels to artificially high levels and that throws the valuation numbers off). He instead uses P/E10 (today’s price over the average of the last 10 years of earnings). That has always done a good job of warning investors when stocks are priced so high that the long-term value proposition is poor. So P/E10 is what I use too.

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At the time this post gets published I should be something like 10,000 km over Kazakhstan or so. I am going on two weeks work related journey to India. I will be online often, but I have decided to let few guest posts in for some of the time. So, hang around - you can expect a couple of fellows with their views about money and finance.

When I am back, I’ll share with you how people in India manage their finances. Trust me, there is what to learn from them (I’ve been there before).

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This time I got a true celebrity at my desk (No, it’s not Paris, I would prefer her elsewhere). But Jim, the bargain hunter from Blueprint for financial prosperity, has already been featured several times on NY Times and now is a guest in my modest blog.

His blog is full of fun and useful advice while the main site offers hot deals and free stuff every day.

Before giving the word to Jim, I’d like to remind you I’ve had other great guests before, so make sure to check them too.

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