Here we go with the first round of Free Money Finance March Money Madness (to follow all the action click on my March Money 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 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:
- Domain Flipping – Flip it Like You Mean It (Flip) - This is a thought-provoking article about the highly debatable topic of whether domain flipping can be a viable business or not. Real-life examples of domain flipping success stories were mentioned and I made a choice whether domain flipping is for me or not.
- The Ultimate Baby Cost Tracker! (Baby) - You know how people are always saying kids cost a lot of money? Like, $250,000+ by the time they hit 18? Well, I decided to find out the real number and started tracking EVERY SINGLE PENNY since the day we found out we were pregnant :) 14 months down now, and only 202 more to go! Haha...
- 15 Ways to Grow and Protect Your Net Worth (Worth) - Money definitely isn’t the most important thing in life, but it’s realistic to say that it can help improve the quality of our life. To that end, it's important for us to grow and protect our net worth. This post shares 15 tips that can help us do just that.
- How Much Savings Should I Have Accumulated By Age? (Age) - The following post provides a realistic savings guideline not only by age, but also by income. Learn about a concept called the "Expense Coverage Ratio" to increase your chances of a healthy retirement. You'll also discover an effective savings strategy that will allow you to convincingly raise your savings rate in one year. No matter how much you make or how old you are, take a look at this post which contains two charts to see if you are on track towards financial freedom!