Free Money Finance

Free Money Finance is a personal finance blog designed to help readers grow their net worth. The site is over four years old and contains more than 7,000 posts on saving money, making money, investing, planning for retirement, and all other personal finance related topics.

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Latest Posts from Free Money Finance

FMF on Hiatus

Well, as they say, all good things must end. Or at least take a break. I started this blog over nine years ago simply to chronicle my financial thoughts and progress. Now, nearly a decade later, it's time to put down my keyboard. Whether that's for a moment or forever is yet to be determined. […]

FMF on Hiatus

Well, as they say, all good things must end. Or at least take a break. I started this blog over nine years ago simply to chronicle my financial thoughts and progress. Now, nearly a decade later, it's time to put down my keyboard. Whether that's for a moment or forever is yet to be determined. […]

Help a Reader: Maxing Out after Reaching 401k Limit

Here's an email I recently received from a reader: Some background info: My baseline gross salary is $74k, but with recent overtime it's looking like I'm on pace to make closer to $85k this year. I've been contributing 30% pre-tax dollars to my company 401k plan. […]

Help a Reader: Maxing Out after Reaching 401k Limit

Here's an email I recently received from a reader: Some background info: My baseline gross salary is $74k, but with recent overtime it's looking like I'm on pace to make closer to $85k this year. I've been contributing 30% pre-tax dollars to my company 401k plan. […]

Reader Profile: KP

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. […]

Reader Profile: KP

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. […]

Help a Reader: Dealing with a Pension

Here's an email I recently received from a reader: I was hoping to get some help from your readers in determining my best option.I received an offer from a former employer with whom I am entitled to receive a pension when I turn 65.  I am currently 51.I have 3 options:     1. Do nothing.  When I turn 65 I would receive $187 a month for life with a 100% survivor payment for my wife.    2. […]

The New Retirement Rule?

I'm not sure they were trying to do this, but I think Time magazine just came up with the new rule for having a great retirement nest egg. Their thoughts: Save 15% of pay for 30 years and you will be fine. Save for longer, and it gets much easier. A few thoughts: Ok, so the guideline isn't really theirs. […]

The New Retirement Rule?

I'm not sure they were trying to do this, but I think Time magazine just came up with the new rule for having a great retirement nest egg. Their thoughts: Save 15% of pay for 30 years and you will be fine. Save for longer, and it gets much easier. A few thoughts: Ok, so the guideline isn't really theirs. […]

10 Things Americans Waste Money On

Dave Ramsey lists 10 things Americans waste money on as follows: 1. Credit card interest2. Deal websites3. Appetizers4. ATM fees5. Overdraft fees6. Speedy shipping7. Designer baby clothes8. Unused gym memberships9. Premium cable packages10. Daily coffee trips Personally, I think some of these are wastes (like #1) and others are just personal preferences (like #3). […]