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:
- The Myth of Get Rich Quick (Myth) - People dream of ways to get rich quick. Maybe it’s that lottery ticket or something else that does it. But the truth is getting rich quick is a myth.
- 10 Best Ways to Make Money from Home (Legitimate) - Want to earn a potentially great income without leaving your home? See this list of ten real ways to make money from home, without falling prey to scams and get rich quick schemes.
- The Oregon Trail Guide to Personal Finance: Preparing for the Journey (Oregon) - Before you ford the river, hunt buffalo, or contract dysentery, you need to prepare for it. The same goes for managing your money independently for the first time. Using the awesome 80s game "The Oregon Trail" as a guide, this post teaches you how to handle your finances before you live on your own.
- Why Financial Planning is Important – An Illustration (Illustration) - I’ve written many posts about the importance of financial planning and related topics. However this info graphic does a fantastic job of outlining the need for financial planning and how the process works. The statics cited are sobering. This is a great tool whether you are considering hiring a professional or doing your own financial planning. Either way, please make this a priority for yourself and for your family this year.