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Without further ado, let’s continue on with the 10th Stage (we’re now in 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:
Voting will continue until July 13th for this Stage!
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10 Ways to be Rich Without Being Wealthy (Rich): Money is a tool, not an end goal. You only need as much as of it as will be necessary to have the quality of life that you want. That has less to do with a certain salary or portfolio level than we think. Here are 10 forms of “wealth” that can lead to a rich life and require very little emphasis on having or earning a lot of money.
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The Value of Work (Work): You won’t get the same props (or paycheck) for vacuuming an apartment building as you would for performing open-heart surgery. But, that doesn’t mean a janitorial job is demeaning. It just means we don’t have the sense to appreciate it.
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Realising the Sacrifices Our Parents Made (Parents): Recently, when I saw a hitch hiker, I remembered my dad hitch hiking to work practically every day. I thought it was normal, but now realise that no, my parents sacrificed a lot for us kids. There is so much we can learn from how frugally they lived, although I couldn’t hitch hike!
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Two Ways to Save (and Make) More Money in Less Time, Using Principles of Economics (Economics): Economics may be boring, but it can help you to make more money and save more time for your family. Here’s what I’ve learned from economics and how it applies to my family finances.Â
TOUR DE FRANCE DAILY RECAP
Today’s stage (Stage 10) in the Tour de France is a high mountains Stage that takes the riders 195 km from Bellegarde-sur-Valserine. The race is going on right now, so I’ll be sure to bring you an update when the 3rd/4th intermediate sprints go live later today.Â
***Photo courtesy of http://www.flickr.com/photos/peter_curb/337542801/sizes/l/in/photostream/