————————————————————————————————————————
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 ado, let’s continue on with the 9th 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 (Sprints 1 and 2 of Stage 9 went live earlier today, so be sure to cast your vote for those as well!):
Voting will continue until July 12th for this Stage!
-
Online Poker: Is It as Legit as Stock Picking? (Poker): There are those that believe stock picking is a lot like gambling — and those that believe online poker is a safer bet than stock picking. Could online poker be as legit as picking stocks?
-
How Young Adults Can Still Thrive Financially (Thrive): With all that’s gone wrong in the economy lately, it’s hard to see the silver lining for today’s youth.  Most pundits believe that generation Y is screwed. Luckily, it’s not all doom and gloom.  There are plenty of opportunities for young adults to thrive financially. Here’s why:
-
Key to Saving Money is Controlling Impulse Spending (Spending): Have you gone to the grocery store for milk and eggs and come home with steak and eggs?  Have you ever been tempted to buy something just because it was on sale?  Impulse spending can wreck your finances and is a major reason why most people have difficulty saving money.  Learning why you buy on impulse can be the key to saving more money.
-
The Grass Isn’t Always Greener (Greener): We’ve all wondered at some time or another if another job would be better than the one we currently have. Sometimes it is, and sometimes it it’s actually a lot worse. This the story of my ill-fated job change and realization that we don’t really know what we have until it’s gone Â
TOUR DE FRANCE DAILY RECAP
After 10 days of hard racing, today was the first rest day of the 2012 Tour de France. But, don’t worry, a rest day for the riders still means that they ride 3-4 hours in order to flush out their legs and keep loose for the race.Â
The race will resume back again tomorrow with Stage 10. Should be fun to see how it goes!Â
***Photo courtesy of http://www.flickr.com/photos/joi/9913697/sizes/l/in/photostream/