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 353)

Happy Thanksgiving

Just want to wish you and your family a blessed and very happy Thanksgiving. May we all take a break from talking about money and focus on the things that really make us thankful. Here's my list -- still the same after two years (except maybe the KFC part.) ;-) The site will have a couple (at most) posts tomorrow (at least that's how I'm planning it) and one each day this weekend. […]

Your Money Habits Will Influence Your Children's Money Habits

Here are some interesting thoughts from Stop Acting Rich: ...And Start Living Like A Real Millionaire where he talks about the impact parents have on the money habits of their children: In America, it is not at all unusual for children from modest means to become high-income-producing adults. Then they are fooled into thinking that all those with the means to do hyperconsume. They are wrong. […]

Do You Use Non-Reward Credit Card Perks?

Here's a piece from Smart Money that lists six credit card perks and what they're worth as follows: 1. Auto rental collision damage waiver. Value: $10-$12 to $18-$20 a day. 2. Extended warranty. Value: $15 to $270. 3. Purchase protection. Value: Refunds limited to $300 (American Express), $500 (VISA) or $1,000 (MasterCard) per item. 4. Lost luggage reimbursement. Value: Up to $180. 5. […]

Are You Tipping This Holiday Season?

Consumer Reports took a survey in 2008 that listed what people tipped the various service people in their lives. They ended up with some very interesting information -- what percent gave no gift at all, how many gave cash (or cash equivalent), how many gave a gift, and the value of the gift they gave. […]

Why Many Homeowners are Having a Tough Time

Here are some interesting thoughts from the preface of Stop Acting Rich: ...And Start Living Like A Real Millionaire: The reason why so many homeowners today are having a difficult time making ends meet goes way beyond mortgage payments. When you trade up to a more expensive home, there is pressure for you to spend more on every conceivable product and service. […]

How to Regift

Consumer Reports lists six steps for regifting the right way as follows: Ensure the gift is something you really can give again. Check the condition. Consider the gift's desirability. Think: Can you get away with it? Wrap it up nice. Explore other options. We're regifters, though I realize not everyone is. That said, regifting isn't something only a few people do. […]

Preparing For The Death Tax Debate

This post is part of the one day blog event “The Spectrum of Personal Finance.”  In this event, Brian of My Next Buck, will discuss 8 different emotions and relate them to personal finance.  Here at Free Money Finance we will be looking at Death. […]

Rich People Know that Things Don't Satisfy

Here are some interesting thoughts from the preface of Stop Acting Rich: ...And Start Living Like A Real Millionaire. Let's start with a short summary of what the book is about: [In this book] I detail why so many people who are not rich hyperspend on luxuries. Often they think that collecting these expensive toys will enhance their overall satisfaction with life. […]

2010 Roth Conversion: Factors to Consider Before Making a Decision

The following is a guest post by Bryan Olson, CFA, Vice President, Head of Portfolio Consulting for Charles Schwab & Co., Inc. For more than a decade, Roth IRAs have been offering investors a number of benefits generally including tax free growth in earnings, tax free withdrawals assuming you begin your withdrawals after the age of 59 1/2 and have held the Roth account for the minimum five-year h […]

Best of Money Carnival Now Up

Here's my weekly note that the latest Best of Money Carnival is up. Congrats to all participants and especially the winning post, The X-Men Guide To Unlocking Your Financial Mutant Powers. I made the carnival as well with a guest post titled Steps To Grow Your Net Worth When You Don't Make A Six Figure Income (though if you follow my advice you can earn six figures.) ;-) […]