Welcome to My Personal Finance Journey! If you are new here, please read the “About” or “First-Time Visitor” pages to find out more about us. If you would like to receive free updates on articles like this by email, then sign up here or you can subscribe to the RSS feed. Also, check us out on Twitter or Facebook. Thanks for visiting! Keep on learning!
Without further a due, let’s continue on with the 6th Stage (the final Stage of the 1st round) of the 2011 My Personal Finance Journey Tour de Personal Finance (to follow all of the action, click on the Tour de Personal Finance category link and scroll down to read all the posts involved in this subject).
Also, if applicable, I will give a brief description of the stage of the Tour de France that took place the same day as the competition.
How to Vote
You can vote for the two articles (one from each intermediate sprint) you’d like to see proceed in the Tour by commenting in the comments section below and telling which are your favorites.
I’ve listed a keyword after each post title to make it easy to vote (as a made-up example, you can just comment: Sprint 1: Mutual; Sprint 2: 401k, etc.) Be sure to comment which one you like the best out of each set of two! Criteria for the best article is completely up to you, but you can use these factors as a guide: 1) post of your favorite blogger, 2) most interesting post, 3) most thought-provoking post, 4) most unique post, or 5) most actionable post.
Here are today’s competitions (there are 3 because we needed to get the 1st round done in a timely manner! So, be sure to vote for all 3 face-offs):
- Can You Make Money and a Difference With Social Impact Bonds? (Bonds): My article explains social impact bonds, a means of investing money with individuals who are trying to accomplish some social good (decreasing recidivism of ex-convicts is a popular one). Investors contribute money that is used to meet these goals, and if the goal is met, the government pays back the money (with interest); if not, the government owes nothing. These bonds have the potential to alter both how governments fund many of their programs and how charitable individuals spend their charitable contributions. These bonds could be the future of investing and charitable giving, all in one package.
- How to feed a family of 6 on roughly $200 per week (Family): Groceries account for one of the highest household expenses. However, it is also a variable cost that we can all budget for. Nikki Holloway, a Canadian mother from Arrowwood, AB, who feeds 6 on roughly $200/week, has provided her top 11 tips to putting the money back in your bank account and not on your plate.
- People Who Don’t Have Cable Are Better In Every Way, Say Those Without Cable (Cable): People who have given up cable are a special kind of annoying. They look down on those of us who choose to watch TV as some sort of sewer creature. Are they really so much better than us time wasters? You’ll probably not want to click through if you’ve dropped cable…
- Shepherd And Sheep herder, Story About Your Money (Sheep): This is an inspiring blog post which urges people to take charge of their money matters. The example is drawn from a story of shepherds and sheep herders. A shepherd manages each of his sheep individually with care, where as a sheep herder manages them as a group, without individual attention. The blog post emphasizes the need of being a Shepherd on money matters in order to become aware of every single dollar, including how a dollar is being earned, how a dollar is spent and invested, and how much return is realized.
- Why You Should Donate More Money to Charity (Donate): There are so many reasons people do not give to charity. We’d rather keep the money to ourselves, it requires action, and it won’t have any effect are just a few. This year, we should be donating more than ever, and here are 8 compelling reasons why.
- Not So Extreme Couponing: Couponing for the Rest of Us (Couponing): The Extreme Couponing show on TLC may be entertaining to watch, but it’s not very practical or appealing for most of us. Here’s how the rest of us can save big money with couponing without using extreme couponing tactics.
It was a fairly flat but windy/rainy day with several crashes occurring. It ended with a bunch sprint, and the Norwegian Edvald Boasson Hagen won the stage. Thor Hushovd held took 3rd place on the Stage to keep his overall yellow jersey.
Most all of the contenders for overall victory at the end of the 3 week bike race finished safely in the peleton. They are most likely awaiting a big show-down in the 1st mountain stages!
***Photo courtesy of http://www.flickr.com/photos/roblisameehan/3735073142/sizes/l/in/photostream/