That’s right, $50! There are a couple of ways you can qualify to enter, and it is pretty easy.

Blog about it

The first method is to blog about this contest, linking to this post along with a link to FinanceFavorites.com with FinanceFavorites.com as the anchor text (as I have just done). This will qualify you for two entries. Just email me via my contact page with the URL to the post along with your email and you get two entries. If you are not using a Wordpress blog, a trackback would be appreciated, but not mandatory (WP blogs should send a trackback automatically if you link to the post). The trackback URL is:

Sign up and submit a post

If you sign up on FinanceFavorites.com and submit at least one post, that will get you an entry as well. Even better, for every post you submit you can get an extra entry. To prevent abuse, each post submitted must be no older than 2 days and be unique. In other words you can submit a post that was done on Monday by Wednesday, a post done on Tuesday by Thursday, etc. This is so people don’t take a whole blogger’s history of posts and submit them all at once.

Yes, feel free to submit one of your posts, but keep it to one a week. The idea is to promote other bloggers in addition to your own. While you are at it, please visit, vote and comment on the posts that have already been submitted. This will help promote that blogger. I am sure you will find some great articles out there that have yet to be discovered.

The contest will run from now until the end of October, giving you plenty of time to submit your entries and tell your friends. The winner will be announced the first week of November.

An added bonus

If we get 50 people signed up and submitting, I’ll seriously consider throwing in another $50. As long as it doesn’t look like someone is trying to scam/spam the site (I’m watching…), I’ll do it.

.:Some possible questions and answers:.

What is FinanceFavorites.com?

If you are familiar with Digg, then you can pretty much figure it out. FinanceFavorites.com is geared towards a community supplied and community voted articles and blog posts. In other words, you the user submit blog posts that you have read that you think others would thoroughly enjoy. You can also vote on your favorite submittals. Those votes are what promotes the posts and sends traffic to that blogger. The blogger sees this traffic and continues to create more great content for you to read. Simple right?

Do I have to have a finance blog to participate?

No you do not. You are free to register, submit and vote without having a blog at all.

What’s in it for me?

Quite honestly, I love reading personal finance blogs but I’m not as good at it as others. Combined with all of my other projects I don’t blog as much as I would like. So, this is one way that I can contribute back to all the other PF bloggers out there.

Will I make anything off of this? Initially I will not be monetizing the site, but it doesn’t mean that I won’t in the future. That doesn’t mean that I will have tons of ads on it to clutter it all up, but I might come up with a way to advertise later on. One thought I have is to allow bloggers to directly buy advertising on the site to better promote themselves; allowing them to help themselves along with helping me

If you have any other questions, please ask them as comments so other can benefit. Thanks!

Personal Finance