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 (page 2)

30 Ways to Earn Extra Cash

Kiplinger lists 30 ways to earn extra cash. Some of these are completely weak in my opinion (election officer? search for unclaimed property?), but there are ones I would consider including: Coach a youth sports team -- I wouldn't do this for pay (I've done it for free for my son's team), but I would consider going back to being a soccer referee. […]

The Big Financial Advantages of a 15-Year Mortgage

Here's an interesting piece from Money magazine that reminds us of the advantages of a 15-year mortgage over a 30-year mortgage -- namely, the cost. They list four reasons a 15-year mortgage is better but the main reason is point #1 -- it saves a TON of money! Key quote: Taking out a 15-year mortgage dramatically cuts your home-loan repayment time. […]

Weekend Money Traps

Here's a list of weekend money traps from Money Magazine: 1. The Movie Theater2. The Car Lot3. The Mall4. Restaurants5. Open Houses6. The Furniture Store7. Big Ticket Events8. The Weekend Road Trip Here's how my family does on these: 1. Nope, don't do the theater on the weekends. We go on Tuesdays when the movies are $5.75 versus $10. […]

Star Money Articles for Week of September 5

Welcome to this week's edition of Star Money Articles. Here's a great piece for those of you who want to sell your house and save yourself the cost of realtor's fees. This post details how one man saved over $14k by selling his home himself. Want to make your financial life easier? […]

Things to Never Keep in Your Wallet

Here's a post from Bankrate that lists things you should never keep in your wallet.  They include: 1. Social Security Card2. Birth Certificate or passport3. Extra credit cards4. PINs and passwords5. […]

How Much Notice Should You Give Your Employer?

Here's a piece from Kiplinger where a reader shares the story of a co-worker who left without much notice. The piece then gets to the heart of the issue: how much notice should be given to an employer when an employee resigns? A summary of their answer: [The worker who left] owed all of you (probably not legally, but ethically) at least two weeks’ notice, and ideally more. […]

Star Money Articles for Week of August 29

Welcome to this week's edition of Star Money Articles. We'll begin with the never-ending debate: which is better, earning more or spending less? I'll let you decide. Here's a debt-killing story I love on how a couple paid off their $320k mortgage in six years! Pretty awesome, right???!!! Next is a GREAT guide on how to set financial goals. […]

How the Wealthy Got Rich

Here's a post listing the five habits of the wealthy that helped them get rich. Their list includes: 1. They take risks.2. They invest in themselves.3. They associate with those they want to emulate.4. They have a dedicated morning ritual.5. They review their goals consistently. My thoughts on each of these: 1. I'm not a big risk taker. In fact, I'd say I'm risk adverse/very conservative. […]

Living Expenses Drop Dramatically During Retirement

I think we all know that costs generally go down during retirement, but a couple sources recently challenged me that they go down a lot more than expected. The first was Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Revised and Updated for the 21st Century where it mentions several costs that should drop dramatically once you s […]

Star Money Articles for Week of August 22

Welcome to this week's edition of Star Money Articles. Let's begin with a list of the six best portfolio management software tools for investors. My favorite is #4 -- Quicken. I've been using it for 20 years now and have TONS of data I can slice and dice concerning our finances. Would you like to earn some extra money? If so 137 Ways to Earn Your First Side Hustle Dollar is for you! […]