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Without further ado, let’s continue on with the 11th Stage (the last Stage of the 2nd Round of competition!) of the 2012 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).
AN IMPORTANT UPDATE ON PRIZES FOR THE COMPETITION
As I mentioned in the introduction post for the 2012 Tour de PF, I have reserved the reader portion of my 10% monthly blog income give back event for both June and July as prize money to the Yellow Jersey winner and runner-up/second place podium finisher. The Yellow Jersey winner will also select a charity of their choice to receive the charity portion of the 10% monthly blog income give back.
At the time that I mentioned these prizes, I did not yet know the exact quantities that they would be. However, I now have everything calculated, and the prizes will be as follows:
- Prize to Yellow Jersey Winner – $75.00
- Amount that will be given to a charity chosen by the Yellow Jersey Winner – $123.05Â
- Prize to 2nd place podium finisher – $50.00
Going along with Tour de France cycling tradition, I’ve listed each competition within each stage as an “intermediate sprint” (one post versus another) along with the description provided by the blog author when the post was submitted.
Also, if applicable, I will give a brief description of the stage of the Tour de France that took place the same day as (or that has happened since the previous Stage of) the competition.
HOWÂ 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.)Â 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 (Sprint 3 of Stage 11 will go live later today, so be sure to cast your vote for that as well!):
Voting will continue until July 14th for this Stage!
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Advice for Twenty-Somethings Getting Started Managing Money (Twenty): A concise, easy to understand, and most of all, ENCOURAGING note to my fellow twenty-somethings on how to manage their finances.  For a generation that grew up to watch the Tech Boom of the Nineties collapse during the Tech Bubble Burst and who saw the Great Recession hit right as they were entering the real world, there’s been an unfortunate trend towards avoiding investing or any other sort of risk, right at the time when they can most afford to take MORE risk.  This article is my attempt to get my fellow Generation Y people to resume their risk taking and to use all the tools at their disposal to increase their investments and side income earning now, when they are young enough to recover if anything goes wrong.
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Money For All Seasons I: Income, Spending, and Age  (Seasons): Using the four seasons – spring, summer, autumn and winter – as a metaphor for the four different stages in our lives, I have set out some age related expectations regarding income, expenditure, investments and cash-flow. It is a common sense way to illustrate how our financial situation today carries into our future and that it is never late to change one’s financial trajectory.Â
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I Sold My Hair (Hair): Proof that you can make money doing anything! Last August, my hair sold on Ebay for more than $100!!!
TOUR DE FRANCE DAILY RECAP
Today’s stage in the Tour de France (Stage 11) is another challenging high-mountains stage taking the riders 148 km from Albertville – La Toussuire – Les Sybelles. The stage is going on right now, so I’ll be sure to bring an update on the result when the 3rd intermediate sprint goes live later today.Â
***Photo courtesy of http://www.flickr.com/photos/troye/6219621253/sizes/l/in/photostream/