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 3)

Help a Reader: Buying a Home

Here's an email I recently received from a reader: I have been a long-time renter, but now married with 2 small kids I’m considering buying my first home. […]

How Long Should I Keep Financial and Tax Records?

The following is a guest post from Marotta Wealth Management. If you haven't been traumatized by an IRS audit, you probably don't keep much financial documentation. If you have, you are probably terrified to part with a single receipt. The IRS is one of the few courts where failure to produce proof of your claims results in the assumption that you are guilty of tax fraud. […]

The 50/20/30 Budget

MSN Money details what they call the "50/20/30 rule" for budgeting as follows: According to the 50/20/30 rule, your monthly budget should be divided into three distinct categories of expenses: 50 percent should be reserved for essentials (think housing and food), 30 percent should be allocated for lifestyle choices (things like nights out and 121 channels of cable) … and at least 20 percent sho […]

Six Figure Interviews 16

Here's the latest in my series of six figure interviews, discussions with everyday people who have grown their incomes to at least $100,000 annually. My questions are in bold italics and their responses follow in black. Let's get started... Tell us a bit about yourself (age, marital status, kids, where you live, etc.) I'm 34, married for 5 years.  My wife is 26.  No kids yet, but one on the wa […]

Reader Profile: KR

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. […]

The Easiest Ways to Start Earning More Money Today

The following is a guest post by Kimberly Palmer based on her new book The Economy of You: Discover Your Inner Entrepreneur and Recession-Proof Your Life. Launching a side-business has never been easier to do. That’s because almost all of the infrastructure you need to get started, from a way of collecting money to reaching out to new customers, already exists. […]

Six Figure Interviews 15

Here's the latest in my series of six figure interviews, discussions with everyday people who have grown their incomes to at least $100,000 annually. My questions are in bold italics and their responses follow in black. Let's get started...Tell us a bit about yourself.My wife and I are both 33 and we have two kids (6 and 2). […]

Millionaire Interviews 21

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)? 34, my wife is 26.  We’ve been married 5 years.  My wife is not […]

Reader Profile: SP

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. […]

Six Figure Interviews 14

Here's the latest in my series of six figure interviews, discussions with everyday people who have grown their incomes to at least $100,000 annually. My questions are in bold italics and their responses follow in black. Let's get started...Tell us a bit about yourself (age, marital status, kids, where you live, etc.)I am 43 years old, happily married and have 5 children (elementary to college). […]