Best of blog posts for week of December 16th

Every Friday afternoon I share some of the more interesting or notable posts that I have seen in the personal finance blogs and other sources for the past week.

MyMoneyBlog has a good discussion on How Opening and Closing Credit Card Accounts Affects Your Credit Score
They also share status on Recent Smaller Offers Updates & Follow-Up

GetRichSlowly talks about The Follies of Fortune Telling

DoughRoller does a  Comparison of Layaway Plans from 5 Major Retailers
Personally I'm not sure why someone would want to use layaway.  Why not just save up the money then buy the item when you have all the money?   Layaway doesn't seem to get you anything beneficial.

Carnivals :

Festival of Frugality #309: Don't Be a Cash Potato Edition included my article Is Cheap Gasoline Bad for Your Car?
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