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)

The Greatest Detriment to Building Wealth

Here are some interesting thoughts from Stop Acting Rich: ...And Start Living Like A Real Millionaire on why your home has so much of an impact on your wealth: What we don't realize is that the true cost of living in certain homes and neighborhoods is unseen but truly devastating. I believe the greatest detriment to building wealth is our home/neighborhood environment. […]

More on Staying Fully Invested

We recently talked about the importance of staying fully invested in the stock market (assuming you have a long term investment horizon) so you don't miss the ride up once the market recovers from a drop. […]

Another Wealthy Athlete is Broke (and Nick Cage Update)

Here are a couple related situations -- people making a ton of money, spending like crazy, and going broke. The first one is former Boston Celtics star Antoine Walker. The details: In 12 years, Antoine Walker made more than $110 million playing professional basketball moderately well. […]

Money To-Do Calendar: December

The great personal finance book Grow Your Money!: 101 Easy Tips to Plan, Save, and Invest ends with a list of what financial steps we should take each month. They list the December steps as follows: Set up self-employed retirement plans. Sell losing investments in taxable brokerage accounts. Consider a Roth IRA conversion. […]

Playing Good Defense is the Key to Getting Rich

Here are some interesting thoughts from Stop Acting Rich: ...And Start Living Like A Real Millionaire: Most people will never earn $10 million in their lifetime, let alone in any single year. In fact, most households are unlikely to ever earn even $200,000 or more annually. Currently only about 3 percent of American households are in that category. […]

One Example of Living Paycheck-to-Paycheck

In my post titled From the Ugh Files, I asked the following questions: How does living paycheck to paycheck happen? (I've never done it, so I honestly don't know.) Is it an ever-increasing lifestyle as salaries increase? Or maybe it's an income hit that takes away all the slack in an otherwise decent budget? Or maybe something else? […]

Did You Shop This Past Weekend?

Here's a question for you: Did you shop this past weekend (including last Friday -- AKA Black Friday)? The past three days (the three days after Thanksgiving) are some of the wildest in retail stores each year. Believe me, I know. I used to work for a retailer and even though I worked at the home office, we were required to work one day between Thanksgiving and Christmas. […]

Best of Money Carnival Now Available

Today's Best of Money Carnival is now up. Congrats to all participants and especially the winning post (which I had to name since the host didn't), Are You A Gambler Or Investor? (A Flow Chart) (though I wanted to name Five Steps to Six Figures in Seven Years the winner). ;-) Enjoy! […]

Free $25 from LendingClub

Those of you looking for some extra spending money can pick up $25 free from LendingClub for opening an account with them (which is free to do) as a new user. Here’s how it works… 1. Visit Lending Club using this link. 2. Open and activate a lender account (which means you hit "invest" when selecting what you want to do with LC -- I'm not encouraging anyone to borrow money.) 3. […]

Help a Reader: Mom Moving

Here's an email I recently received from a reader: My mom is retired and lives on the East Coast.  She still lives in the house that I grew up in and wants to put it up for sale this spring since it's too big for her to handle by herself (the house is fully paid, no mortgage).  I am currently in LA because of my job (yes, I know that the cost of living is ridiculous here).  My husband is applyi […]