The World Series started this week and while you might think it is terrible to lose the championship series it turns out it really isn’t all that bad for the players. There is a playoff pool created for all of the teams that breaks out a certain percentage to each team. The pool is formed by taking 60% of the total gate receipts for the first four games of the World Series and League Championship Series, and the first three games of each Division Series. The pool is then paid out to the teams in the playoffs with the World Series winner getting 36% of the pool, and the World Series loser getting 24% of the pool. The rest is split up to the losing teams earlier in the playoffs. Turns out 2nd place isn’t all that bad.
If you aren’t competing for a World Series this week, you should probably grow your financial knowledge so you can retire. Here are some great articles to help you get there:
Canadian Finance Blog | Financial Success Comes From Working Harder
My Personal Finance Journey | I’m Staying With Bank of America…”Are You Crazy?”
Scott Adams Blog | Flat Tax 10/20/2011
Amateur Asset Allocator | What Does The Word “Afford” Mean, Really?
Bargain Babe | Money Morality: Giving in to high prices
Roth IRA’s Retirement Planning Blog | Convert Your Mutual Fund Portfolio Into ETFs
Toilet Paper Entrepreneur | Best Practices At Tradeshows For Business
Money Smarts Blog | Social Security COLA Is 3.6% In 2012
Investor Junkie | Why Google’s Panda is Not Cute and Cuddly
Boomer and Echo | Power Of Attorney: Why It’s So Important
The Simple Dollar | Nine Things You Can Do Today to Improve Your Life
Couple Money | Saving Money on Video Games
Mighty Bargain Hunter | The deficit is a problem. There’s no need to lie about it graphically
Bible Money Matters | 2012 Roth IRA Rule Changes
Consumerism Commentary | What I Learned as a Financial Planner
Free From Broke was featured in the following carnivals this week:
Carnival of Personal Finance #331: Global Stock Markets Edition
** The “Holidays Are Coming” Edition – Best Of Money Carnival – Everything Finance – A Good Personal Finance Blog
Yakezie Carnival October 16, 2011- Growth Edition | Prairie Eco-Thrifter
Thanks for the mention Kevin!
Bummed my Red Sox aren’t playing. But thanks for the great reading list!