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)

Personal Finance is Now a Required High School Class

Not that this is new news for everyone as I'm sure many high schools have offered personal finance classes for some time, but here's a story originating from a town near where I used to live. It's about the Rockford, Michigan high school now requiring a personal finance class for all seniors. The details: The Dave Ramsey curriculum is used as the foundation for the course. […]

Investing Advice from Buffett

Fortune recently ran some investing advice from Warren Buffett. The whole article was quite interesting, but I want to highlight and comment on a couple points he made. Here's the first: You don't need to be an expert in order to achieve satisfactory investment returns. But if you aren't, you must recognize your limitations and follow a course certain to work reasonably well. […]

What's Your Target Retirement Age?

Money magazine recently asked its readers what their retirement ages were. The responses: 35% - Before 60 34% - 60 to 64 23% - 65 to 69 8% - 70 or older My reaction? […]

Reviewing Rules for Real Estate Investing

I recently stumbled onto the BiggerPockets Ultimate Beginner's Guide to Real Estate Investing, a free PDF on how to get started investing in real estate. It was a decent read, even for someone like me who's been in real estate a bit, but it mostly reinforced what I already knew -- I didn't learn a bunch. […]

Thinking About Vacation

For the past two years, we've taken our "big" vacation each January. We're trying to take fun and exciting trips with our kids while they are still home, before college kicks in and they scatter to one place or another. For reference, we took a 10-day Caribbean cruise in 2012 and a 12-day one in 2013 (which was preceded by two days in New York City). […]

Do I Need Life Insurance Once My Kids are Grown?

The book The Charles Schwab Guide to Finances After Fifty: Answers to Your Most Important Money Questions addresses the issue of whether or not a person needs life insurance once their kids are grown. It lists five questions people need to consider when making this decision as follows: Do you have a financial obligation? […]

Dividend Investing Revisited

Remember the interesting conversation we had about dividend investing? I discussed my plan to retire without spending any of the capital I've accumulated (I want a retirement where I can simply live off the earnings of my assets without decreasing the principal). […]

Retirement Budgeting

In The Charles Schwab Guide to Finances After Fifty: Answers to Your Most Important Money Questionsthe author provides a basic, sample budget meant to determine how much you'll need to save for retirement. […]

Grow Your Career by Volunteering

Here's a piece from the Wall Street Journal that details the career advantages of volunteering. Other than the great feeling and satisfaction you get from helping others, there are a whole host of positive benefits associated with serving a non-profit. A few of them: You get experience. You can increase your professional skills in an area where you may be lacking. […]

Top Ten Money Recommendations for Every Age

As you might imagine, I get lots of requests from publishers who want to send me a book to review on Free Money Finance. […]