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 333)

Another Broke and Unhappy Lottery Winner

Check out this piece from the Washington Post: William "Bud" Post III, 66, whose $16.2 million in lottery winnings brought him debt, despair and heartache, causing the kind of trouble often recounted in country-western songs, died of respiratory failure Jan. 15 at a Pittsburgh area hospital. […]

Tax-Friendly Places to Retire

Have you ever thought of moving when you retire -- you know, someplace that's warmers AND can save you a bundle on taxes? MSN Money lists tax-friendly places to retire but says it's not as simple as looking at income tax rates. Their thoughts: Seven states -- Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming -- have no state income tax. […]

Eight Steps to Buying a House at a Good Value

The following is an excerpt from America, Welcome to the Poorhouse: What You Must Do to Protect Your Financial Future and the Reform We Need, courtesy of FT Press, imprint of Pearson. […]

Make Sure Your Credit Card Has Smart Features

The following is a guest post from Marotta Wealth Management. Credit cards can be a blessing or a curse. Used correctly, they are both convenient and safe and can help you stick to your budget. But the dark side of heedless use can lead to financial ruin. Rather than rejecting credit cards altogether, however, choose the right card for the right reasons. […]

Newsletter Reminder

Just wanted to notify those who currently don't get my giveaway newsletter that you may want to sign up soon. In November I'll be giving away a $50 gift card as well as three copies of Quicken. Good stuff. If you'd like to receive the e-newsletter, sign up here. […]

The Biggest Barrier to Becoming Rich

I always like reading what Knight Kiplinger has to say. Why? Because 99% of the time, he and I are on the same page financially. For instance, here's a thought of his that Kiplinger's recently ran that I couldn't agree with more: The biggest barrier to becoming rich is living like you're rich before you are. Why? […]

Who Doesn't Pay Taxes

I was struck by these tax numbers in a recent CNN Money piece: In 2009, roughly 47% of households, or 71 million, will not owe any federal income tax, according to estimates by the nonpartisan Tax Policy Center. Some in that group will even get additional money from the government because they qualify for refundable tax breaks. The ranks of those whose major federal tax burdens net out at zer […]

Stop Acting Rich

The other day I ran into this piece. It's about a new book by Thomas J. Stanley, one of the authors of my all-time favorite money book, The Millionaire Next Door. It's titled Stop Acting Rich. Here's a summary: If you think that having a 5,000-square-foot McMansion means you’ve arrived financially, think again. You may be fooling the neighbors. You may be fooling yourself. […]

Help a Reader: Asking for a Discount

Here's a comment left on my post titled Asking for Discount Nets Guy $40k, which (again) talks about how we can all save money by asking for discounts: So this has been talked about here many times before with many people posting success stories. I have always been skeptical of this. No one ever seems to be willing to give me a discount. […]

The Power of Good Enough

Here are some thoughts on the power of "good enough" from the book Make Money, Not Excuses: Wake Up, Take Charge, and Overcome Your Financial Fears Forever: You don't have to be perfect. You don't have to be the best. You don't have to be at the top of some class. You don't have to be the smartest. You don't have to be the winner. You don't have to prove yourself. You do […]