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.

Profile of Free Money Finance

Latest Posts from Free Money Finance (page 2)

Help a Reader: Partnership with a Family Member?

Here's an email I recently received from a reader: One of my family  members offered me to start a business - 4 relatives would be involved. Do you think it's a good idea? Entrepreneur.com gives some reasons why it's difficult: You know so much about the other person--you've been privy to intimate information about them. You've most likely had arguments or negative conflicts with them. […]

What is the Ideal Retirement?

Here's an interesting article from Time that talks about redefining the ideal retirement. Not that there ever was ONE ideal retirement, but the generally accepted retirement a generation ago was one where you worked until 65, lived it up for 5 to 10 years, then died. As a contrast, here's what more and more people are thinking of these days: Once common and easily defined, the ideal retiremen […]

Dividend Investing Basics

I'm considering using dividend investing as a key part of my retirement plan. But I must admit that I don't know much about it. […]

What is the Best Free Retirement Calculator?

I recently ran into a post that highlights the three best retirement calculators. It does a great job of detailing what the author considers to be the best options, including strengths and weaknesses, and summarizing the situation as follows: Free retirement calculators are plentiful on the web. These are three of the best, in my opinion. Try them. Try more than one. […]

How Many Americans Live Paycheck-to-Paycheck?

Time recently posted that nearly half of Americans live paycheck-to-paycheck. Their summary: Too many of us are living paycheck to paycheck. […]

Why I Use a CPA to Do My Taxes

Well, I just finished my 2013 taxes. And when I say "finished", I mean I finished my part of the taxes -- the roughly 10-15 hours or so it takes me to collect, organize, and summarize my financial transactions for last year. […]

Money Expectations

The Motley Fool has a great piece titled How to Get Rich, Feel Rich, and Stay Rich. The piece contrasts those who make a lot of money and are unhappy with those who make relatively little and are joyful. Here's a summary of their thinking: Wealth is relative. Those are probably the three most important words in personal finance. Gary makes $25,000 a week and feels inadequate. […]

Millionaire Interviews 22

Here's the latest in my series of millionaire interviews, discussions with everyday people who have practical tips and insights into growing and managing wealth. My questions are in bold italics and their responses follow in black. Let's get started... How old are you (and spouse if applicable, plus how long you've been married)? I am 58 and my wife is 56. […]

2013 Net Worth Review

Each year on FMF I post a review of my net worth and detail the ups and downs of the previous year. Here are my 2013 net worth highlights: Net worth ended 2013 at another all-time high, up 19.5% versus the previous year. […]

The Retirement We're All Trying to Avoid

When I read this piece from MSN Money it made me think of one word: yikes! Here's the part that made me squirm: At the height of his corporate career, Tom Palome was pulling in a salary in the low six-figures and flying first class on business trips to Europe. Today, the 77-year-old former vice president of marketing for Oral-B juggles two part-time jobs: one as a $10-an-hour food demonstrato […]