Here we go with the first 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 -- you will help determine the winner! Criteria for the best article is somewhat subjective, but you can use these factors as a guide: 1) practicality of the post 2) how interesting/provocative/unique it is, 3) the "personal-ness" of it and 4) its impact on net worth.
Here are today's games:
- The one number to beat if you want to retire early (Number) - Why replacing your salary with passive income from your investments is a better goal than a net worth target. By building up your income portfolio over the years, you'll reduce churn and fees, diversify your asset base, avoid hot sectors, and switch seamlessly from saver to income spender when you're ready to quit work.
- 7 Things Women Wish Men Knew About Money (Wish) - Men and women frequently think differently, especially when it comes to money. And money can be one of the biggest issues in a marriage. If men understood the way women think about money (and vice versa), perhaps money wouldn't be such a sore spot in marriage. Here are a few tips for men, from a woman's perspective.
- A Mother's Struggle Between Work and Kids (Struggle) - We made the tough decision this past Fall that my wife wouldn't go back to work so she could stay home to raise the kids. It's been a real adjustment living off of one income but we're managing it. This is my wife's rationale for making the decision.
- 11 Things To Do Immediately When You Get Laid Off (Immediately) - Getting laid off is a rough experience for anyone, but anger and resentment won't get you anywhere. The best thing to do is to look on the bright side and follow these 11 steps to get back on your feet.