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:
- Why a 15 Year Mortgage Isn’t Always the Best Choice (Mortgage) - With mortgage rates being at all-time lows many homeowners are looking to take the rate bonanza a step further by going for a 15 year mortgage. Not only will you pay off the mortgage in half the time, but you’ll get an even lower rate for doing it. Sounds like a good deal right? Not necessarily, and certainly not for everyone.
- I've Won The Lottery! (Yet I Can't Claim My Winnings Until 2042) (Lottery) - Lottery fever has the power to grip an entire nation, even a continent for example the Euromillions draw. The bigger the jackpot, the bigger the hysteria - and money spent on tickets. In this article I explain why, even though lotteries are 'fair game,' I'm steering clear in future and have made my own arrangements for winning the jackpot - where the odds of winning are 1 to 1. Want to find out my secret? It's a dead cert!
- My Money Pet Peeve: Skipping Frugality Because Earning More is "Better" (Peeve) - My biggest money pet peeve is when people claim frugality is not worth their time because earning more has a bigger impact. But if you aren't a careful spender, all the money in the world won't keep you from going broke.
- What Do You Do If You Really Cannot Afford Regular Health Insurance? (Afford) - According to most financial prioritization guidelines, health insurance is listed as the highest and most basic priority for your funds as they come in. However, what happens when you can’t afford regular health insurance? This post details 6 different options to making sure you are covered and that you don’t break the bank doing so.