Here's the third round of Free Money Finance March Madness (if you wonder what's going on in these posts, see my article announcing March Madness and/or click on my March Madness category link and scroll down to read all the posts involved in this subject.) I've listed each "game" (one post versus another) in segments along with the wording provided by the author when the post was submitted. I've also listed a keyword(s) after each post title to make it easy to vote (as a made-up example, you can just comment: Game 1 - Saving; Game 2 - Investing, etc.) Be sure to comment which one you like the best out of each set of two. Here we go:
GAME 7
- Lessons Learned from Diet Books: How to Think Like a Rich Person (Lessons) - Some people are rich, and some people are thin: what are they doing right? Using a best-selling diet book as inspiration, this post lays out 8 personality traits that can make it difficult for you to manage your finances, and suggests ways to combat these self-defeating traits. There are many ways in which dieting and saving money are analogous but I think these 8 points really get at the heart of why many people have trouble succeeding in each area.
VERSUS
- A Penny Saved is Worth More Than a Penny Earned (Penny) - One of the most important financial concepts that people can learn is that a dollar saved is more valuable than a dollar earned. This is because money saved has already been earned, taxed, and has the potential to grow through compound interest. New earnings are at a disadvantage because they must be worked for again, are taxed, and because the time value of money and inflation work against future earnings.
GAME 8
- How I Taught My Preschooler the Value of a Dollar (Dollar) - It's important to teach young children about hard work, saving, and spending. In a quite accidental way, I used a chart system to teach my son the value of money and hard work. If you teach your children about delayed gratification early, it will have a positive effect on their money management skills throughout life.
VERSUS
- Financial Strategies for Infants and Young Children (Children) - An informative list of all the financial topics to explore with a new baby in the house from opening a 529 to tax strategies and everything in between.
Penny
Dollar
Posted by: Patrick | March 18, 2008 at 07:32 AM
Penny
Dollar
Posted by: paidtwice | March 18, 2008 at 07:43 AM
Game 7 - Lessons
Game 8 - Dollar
Posted by: Beth | March 18, 2008 at 07:52 AM
Lessons
Dollar
Posted by: CBaker | March 18, 2008 at 08:54 AM
Game 7 - Lessons
Game 8 - Children
Posted by: Old Lady | March 18, 2008 at 10:18 AM
Penny
Dollar
Posted by: Ken | March 18, 2008 at 10:44 AM
Penny
Children
Posted by: Finance Girl | March 18, 2008 at 10:50 AM
Lessons
Children
Posted by: Escape Brooklyn | March 18, 2008 at 10:56 AM
Lessons
Children
Posted by: Scott | March 18, 2008 at 10:58 AM
Lessons
Children
Posted by: guinness416 | March 18, 2008 at 11:08 AM
Game 7 - Lessons
Game 8 - Dollar
Posted by: Mase | March 18, 2008 at 11:14 AM
Game 7: Penny
Game 8: Children
Posted by: Jeffrey | March 18, 2008 at 12:50 PM
Penny
Dollar
Posted by: Lynnae @ Being Frugal.net | March 18, 2008 at 01:20 PM
Lessons
Children
Posted by: Dean | March 18, 2008 at 02:03 PM
Lessons
Children
Posted by: Dean | March 18, 2008 at 02:03 PM
Lessons
Dollar
Posted by: lauren | March 18, 2008 at 02:04 PM
game 8 dollar
Posted by: Christine | March 18, 2008 at 02:14 PM
dollar
Posted by: Nikki Brandyberry | March 18, 2008 at 02:20 PM
dollar
Posted by: Janet | March 18, 2008 at 02:30 PM
7- Lessons
8- Children
Posted by: CyanSquirrel | March 18, 2008 at 04:35 PM
Lessons
Dollar
Posted by: J | March 18, 2008 at 04:51 PM
Penny
Dollar
Posted by: Denise | March 18, 2008 at 08:05 PM
Lessons
Children
Posted by: RJ | March 18, 2008 at 09:08 PM
penny
dollar
Posted by: spits | March 18, 2008 at 09:19 PM
Penny
Dollar
Posted by: Super Saver | March 18, 2008 at 11:30 PM
Lessons
Dollar
Posted by: Shanti @ Antishay | March 18, 2008 at 11:59 PM
Dollar!
Posted by: Libby | March 19, 2008 at 12:02 AM
Dollar
Posted by: Megan | March 19, 2008 at 11:47 AM
Penny
Dollar
Posted by: Tena | March 19, 2008 at 02:52 PM
lessons
dollar
Posted by: kav122 | March 19, 2008 at 03:42 PM
Lessons
dollar
Posted by: Suzanne | March 19, 2008 at 05:00 PM
Lessons
Dollar
Posted by: Twinsmom | March 19, 2008 at 05:53 PM
lessons
dollar
Posted by: spanky | March 19, 2008 at 09:36 PM
Penny
Children
Posted by: My Dollar Plan | March 19, 2008 at 09:45 PM
Voting for this round is over. The winners are:
7 - Lessons
8 - Dollar
Posted by: FMF | March 20, 2008 at 08:55 AM
lessons
children
Posted by: Jessica | March 20, 2008 at 12:13 PM