Beginning of the Second Annual Plutus Awards Season

Welcome to the official start of the awards season! The Second Annual Plutus Awards are underway. From now until October, bloggers and their audiences will have the opportunity to nominate and vote for the favorite money-related blogs, while bloggers only will decide on their favorite financial products and services.

Since the Plutus Awards are designed to reflect the personal finance blogosphere, all personal finance bloggers will have input in the format of the Plutus Awards. In just a few hours, we will begin taking suggestions from bloggers and their audiences for the categories that should be included in this year’s Plutus Awards. We will start with most of last year’s categories, but some may be eliminated and others may be added after receiving feedback from the community. We will accept these suggestions until August 8, at which point we will finalize the categories.

From August 15 through August 28, nominations will be open. Any blogger or audience member will be able to nominate products, services, and blogs for both categories of Plutus Awards. The finalists will be chosen by a panel from among the top nominations in each category.

On August 31, the finalists will be announced, and voting will be open from September 1 through September 21. This year, to prevent ballot stuffing by employees of companies, voting for the first section of Plutus Awards, the best products and services as judged by the blogging community, will be open only to confirmed independent bloggers. This will help the awards for products and services better reflect the opinion of the community of independent financial bloggers rather than the employees of companies that offer those products and services.

The voting for the Plutus 2.0 Awards, the portion of the awards that includes the best blogs in a variety of categories, will be open to all — bloggers as well as their audiences.

The winners of the Plutus Awards will be announced live at the Financial Blogger Conference in Chicago in early October. Authors representing winning blogs will receive a small prize package, though they are not required to attend the conference in order to win an award or to receive a prize.