Free Money Finance March Madness, Round 3, Posts 1-8

Here we go with the third round (only 32 posts left!) 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. Be sure to comment which one you like the best out of each set of two as commenters have the chance to win a free book. Here we go:

GAME 1

• Be Honest With Yourself - This blue-chip post is my real-life experience on the behavior and mindset that landed me in debt and the crucial step I needed to take to get out of debt.  For people struggling with debt, you will find that this simple step of being honest with yourself can lift the weight off of your shoulders and set you on the course to be the champion that you are.

VERSUS

• Getting Rid Of Your Debt Without Worrying About The Latte Factor - This post builds a case against David Bach's concept of Latte Factor and suggests putting bigger problems higher on the list of priorities. To make things easy to understand, a hypothetical case of a person in debt is followed and the approaches are compared with respect to his debt reduction efforts.

GAME 2

• Don't Let Your Kids Get Ahold of Your Checkbook - This is one of my favorite money stories about our kids. I'm not sure why, but I just about fell out of my chair laughing when it happened.

VERSUS

• Tips for Having a Successful Budget - What is a best blog list if it does have at least one on tips for doing a budget?  Yet, instead of getting caught in the details of the numbers this takes a high level look what it takes to be successful by focusing the process rather than just the dollars.  It is in the process that we learn how we live our life and control our spending.  So, if you are going crazy with your current budget (or do not have one), this may offer you a path to a better budget.

GAME 3

• Make Multiple Debt Payments Every Month - I used this technique to get out of debt.  Don't be afraid to make multiple payments to a single account!

VERSUS

• Understanding Your Financial Fortress - A fun post chock full of pictures in which I draw the analogy of your personal finances into that of a financial fortress, complete with a moat, high tower, and castle walls. It's a unique way of looking at your finances and hopefully one in that resonates with anyone regardless of their financial situation.

GAME 4

• 7 Steps That Made Me Debt-Free - A balanced post that is informative while at the same time sums up our personal efforts to become debt-free.

VERSUS

• Ten Simple Ways to Cover Your Ass(ets) - Saving and investing are only part of the equation... You also have to protect the wealth that you've managed to amass, no matter how much or little that may be.

Comments

[fivecentnickel.com]

Getting Rid Of Your Debt Without Worrying About The Latte Factor

Don't Let Your Kids Get Ahold of Your Checkbook

Make Multiple Debt Payments Every Month

Ten Simple Ways to Cover Your Ass(ets)

[Daisy]

Game 1: Getting Rid of Your Debt
Game 2: Tips For Having a Successful Budget
Game 3: Make Multiple Debt Payments
Game 4: Ten Simple Ways

[NCN]

1: Getting Rid
2: Kids
3: Multiple Payments
4: Ten Simple

[lyndonmaxewell]

Game 1: Getting Rid of Your Debt
Game 2: Don't Let Your Kids Get Ahold of Your Checkbook
Game 3: Make Multiple Debt Payments
Game 4: 7 Steps That Made Me Debt-Free

[ispf]

Game 1: Getting Rid of Your Debt
Game 2: Tips For Having a Successful Budget
Game 3: Make Multiple Debt Payments
Game 4: 7 Steps That Made Me Debt-Free

[Jo]

1) Be Honest with Yourself
2) Tips for a successful budget
3) Multiple Payments (works wonders for me!!)
4) 10 Simple Ways (Both are great, but this one is a little more original...hard decision though!!)

[LivingAlmostLarge]

1. Get ride of debt without worrying
2. Tips for having a successful budget - way better financially than the kid story which is super cute but not really financially beneficial
3. Financial Fortress
4. 7 steps to being debt free

[Golbguru]

1: Getting Rid of Your Debt Without Worrying About The Latte Factor
2: Tips For Having a Successful Budget
3: Make Multiple Debt Payments Every Month
4: 7 Steps That Made Me Debt-Free

[Nick]

1. Be Honest With Yourself
2. Don't Let Your Kids Get Ahold of Your Checkbook
3. Understanding Your Financial Fortress
4. Ten Simple Ways to Cover Your Ass(ets)

[Super Saver]

1. Latte
2. Tips
3. Fortress
4. Assets

[Pete]

1. Latte
2. Budget
3. Debt payments
4. Debt free

[FMF]

Voting is now closed on this set of games.