Rules Versus Facts

Personal finance articles often state “rules” of various kinds for people to follow when it comes to their money… You should be saving 10% (or 15%) of your pay for retirement. Don’t buy a home unless you have a 20% down payment. Don’t sell when the market is going down, and don’t buy when the market is going up. You get what you pay for. If you want to get a good paying job, you have to go to coll […]

Your Take: Share Your Tax Story, Win Copy of TurboTax Premier

It’s been a while since we’ve done a giveaway and the fine folks at Turbotax were kind enough to host a local event a few back in Washington D.C. They were showcasing Snaptax, they’re expanded mobile application that lets you take a photo of your W-2 and import it into TurboTax. […]

How to Not Be a Wage Slave

Choosing to be a wage slave is very different from choosing to be a debt slave, because it's a choice you make every day. (See also: The Best Way to Avoid the Worst Financial Problems) One doesn't become a wage slave with one decision, the way a single choice to take on debt can color your life for decades. […]

6 Ways to Get More Done on Airplanes

My line of work has required me to travel more, specifically by taking multi-leg flights to various places in the United States. While I used to use my flight time as a way to catch up on reading, sample new music, or even catch a nap, I now see flights as a wonderful opportunity to get some much-needed work done. […]

Reader Story: How My Nosy Family Taught Me About Money

This guest post from GenQwerty is part of the “reader stories” feature at Get Rich Slowly. Some stories contain general advice; others are examples of how a GRS reader achieved financial success or failure. These stories feature folks from all levels of financial maturity and with all sorts of incomes. […]

Best Money Tips: Saving for Your Child's College Fund

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some awesome articles on saving for your child's college fund, reasons to have a budget, and saving money at restaurants. Top 5 Articles 4 Things You Must Do When Saving for Your Child's College Fund — When saving for your child's college fund, remember to start saving early on in his or her life. […]

Chase Freedom: Get 5% Cash Back From Amazon and Gas Purchases

As a Chase Freedom credit card holder since 2007, I've dedicated a lot of time to learning about its rewards program. The best way to earn cash back on this card is by purchasing items in the rewards categories designated by Chase, which changes every quarter. […]

Reader Profile: TN

The following is the latest post in my "Reader Profiles" series. Each post in this series details the financial situation and challenges of an FMF reader. […]

Star Money Articles and Carnivals for the Week of Feb 27

As a reminder, FMF is on Facebook and Twitter. Join me there if you frequent those sites.Here are some pieces I found especially worthwhile and some of the carnivals Free Money Finance was in this week: 20's Finances lists 6 Tips for Young Job Applicants. Work Save Live tells how they survived a $70,000 pay cut. Waston Inc asks if you have the courage to be wealthy. […]

How To Pay Less For Necessities & Everyday Essentials

When we’re in a financial bind, it’s easy enough to cut back on the higher priced items and luxury goods. But when the prices of necessities jump, then that’s when some people may get worried, particularly if they’re living on fixed income. […]

Teaser: The 2012 Get Rich Slowly Video Contest is Coming!

Spring is on the way, which means it’s almost time for the third annual Get Rich Slowly video contest! Two years ago, to celebrate this site’s fourth anniversary, we invited readers to submit short videos sharing financial tips and success stories. We received 57 submissions, from which J.D. […]

Roth IRA Conversion 2012: Are You a Good Candidate?

The following is a guest post from Marotta Wealth Management.A tax tsunami is coming at the end of this year. And this is the absolutely last chance for a massive Roth conversion. Two years ago the Bush tax cuts were extended for two years. But the snooze button is running out, and this time the likelihood of another extension is slim. […]

Automatically Build an Emergency Fund (60/365)

Whenever I’m asked for a single piece of financial advice for someone, I usually offer up “spend less than you earn.” When they inevitably ask me for something more specific, I tell them “start an emergency fund and stick with it.” An emergency fund is one of the best financial tools a person can have. It makes the ups and downs of day-to-day real life so much easier to get through. […]

Should You Self-Prepare or Hire a Tax Professional?

Thanks to the internet and the evolving technology that comes with it, we are living in a do it yourself world that becomes more self-service as times passes. […]

FMF March Money Madness, Round 1, Posts 49-52

Here we go with the first round of Free Money Finance March Money Madness (to follow all the action click on my March Money Madness category link and scroll down to read all the posts involved in this subject.) I've listed each "game" (one post versus another) in segments along with the wording provided by the author when the post was submitted. […]

New Travel Plans: Tips for Taking a Real Vacation

I try to visit my family on the other side of the country a couple times a year. Most of my family has migrated to the west coast from the east. The migration, at least in my immediate family, began over ten years ago, and more of the clan join the California contingent each year. Having family gives me a nice excuse to travel, though, and I’m trying to visit more often. […]

How to Borrow from Your 401(k) Loan

Sometimes, when you really need the money, raiding that retirement account starts to look really good. Especially if you have no other viable options. […]

The Key to Great Investment Returns

Here's a piece from Smart Money that profiles what they call 401k Millionaires -- people who have managed to save $1 million or more in their 401ks.The piece gets to the heart of what differentiates the 401k Millionaires (which is only 0.2% of all savers) versus the average 401k investor that has a balance of $60,000. They don't have higher incomes and they aren't some kind of investing geniuses. […]

Reader Mailbag: Personal Projects Undone

Reader Mailbag: Personal Projects Undone What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five word summaries. Click on the number to jump straight down to the question. 1. Is more retirement savings necessary? 2. Netflix streaming series 3. Imminent financial disaster 4. Loan debt and house purchase 5. Paper books or e-books? 6. […]

A Month of Travel for Less than a Month at Home

This post is by staff writer Tim Sullivan. It was always my dream to be paid to travel. I thought I’d write guidebooks or be a tour guide. A few years ago, my wanderlust was acting up again, so I crunched some numbers, adding up the cost of living where I was (New York) versus traveling for month. […]