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 332)

The Mortgage Tax Deduction is a Consolation Prize at Best

Here's author Mary Hunt's take on one common argument for keeping a mortgage: Bad Advice: Do not pay off your mortgage because you will lose a valuable tax deduction. Mortgage interest on your principal residence is a deductible expense on your federal tax return. Even if you can pay off your mortgage, don't do it. […]

Ten Things Millionaires Won't Tell You

Smart Money lists 10 things millionaires won't tell you as follows: 1. “You may think I’m rich, but I don’t.” A recent survey by Fidelity found 46% of millionaires “do not feel” wealthy. 2. “I shop at Wal-Mart . . .”  Millionaires know what it is to be frugal. About 84% say they spend with a middle-class mindset, according to the AmEx/Harrison survey. […]

Best of Money Carnival

Here's my weekly announcement to let you know that this week's the Best of Money Carnival is up. Congrats to all participants and especially the winning post, Taxes: The Missing Step. Enjoy! […]

Free Money Finance March Money Madness, Round 1, Posts 61-64

Here we go with the first round of Free Money Finance March Money Madness (if you wonder what's going on in these posts, see my article announcing March Money Madness and/or click on my March Money Madness category link and scroll down to read all the posts involved in this subject.) I've listed each "game" (one post versus another) in segments along with the wording provided by the author when […]

Two Simple Equations that Lead to Financial Success

Last night I spoke to several hundred people on the basics of personal finance success. The following post is a summary of my opening comments. If you enjoy it and would like to receive free, daily suggestions on how to grow your net worth, you can subscribe to Free Money Finance using your feedreader and this link. Americans today are in need of financial help. […]

Simple Steps to Biblical Finance Success

For those of you new to Free Money Finance, I post on The Bible and Money every Sunday. Here's why. […]

More on Retiring Inexpensively Abroad

I've said that I think retiring in a foreign country is a viable alternative for those people who really need to stretch their retirement funds (I also admit that the suggestion isn't the most popular with many people.) Now Consumer Reports is discussing the idea with an author who talks about retiring abroad. Here's a summary of his thoughts on living abroad for a modest amount of money: Yes, […]

More Thoughts on Precious Metals

After our discussion about buying physical assets (which was quite lively and fun, BTW), I ran into this piece from Kiplinger talking about investing in precious-metals ETFs. Still, I'm not sure it's the right move. […]

Free Money Finance March Money Madness, Round 1, Posts 57-60

Here we go with the first round of Free Money Finance March Money Madness (if you wonder what's going on in these posts, see my article announcing March Money Madness and/or click on my March Money Madness category link and scroll down to read all the posts involved in this subject.) I've listed each "game" (one post versus another) in segments along with the wording provided by the author when […]

Help a Reader: Buying a Home on Short Sale

Here's an email I recently received from a reader: I am moving to Florida due to job change. Going thru the home for sale lists online, I noted there are a number of nice homes on short sale at very attractive prices. Some of the homes I could only dream of buying. I wonder if there is any downside buying homes on short sale. I am in no hurry and can wait 6 months+ to buy a home. […]