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 357)

I Stand Corrected

Found this piece this morning that says Michael Jackson's net worth in 2007 was $236 million. So he either died wealthy or spent a TON of money in two years (who knows, maybe he had stock losses too). […]

Do You Work on the Weekends?

One way to get ahead of the pack and advance your career is to work longer than the average person. This can mean getting in early, staying late, taking work home, or working weekends. Today I'd like to talk about the last option in this list, working weekends. A recent piece from US News brought the topic to mind. […]

Help a Reader: Parking Money

Here's an email I recently received from a reader: My wife and I just sold our house and are walking away with about $26,000.  We are not yet ready to buy our next house for a variety of reasons, and are currently in an apartment. I would like some input on the best place to park the money while we decide our next move.  I am extremely comfortable not having access to the money for 3 months an […]

Last-Minute Tax Savings for College Expenses

The following is a guest post from Marotta Wealth Management. It's a bit tailored for Virginia residents, but still offers some useful thoughts for the rest of us as well. My youngest will be a first-year student at the University of Virginia this fall. My coauthor Matthew's oldest child is almost two years old. […]

How to Spend More than You Earn When You Make Millions

Here's a story a reader sent me about past NFL quarterback Bernie Kosar and how he's fallen on tough times. Despite the fact that he's made a boatload of money, he recently declared bankruptcy. Yes, you can spend it all. The article doesn't say how much he made during his career, but it leaves hints that show it was a good amount. For instance: Kosar was one of the smart ones. […]

Wealth Without Wall Street

The following is a guest post from The Insider's Guides. “Wall Street's world turned upside down” These were the headlines in 2009. Wall Street financial management has proven itself worthless. Bill Gross was right. “Professional money management is a gigantic rip-off.” Only 2 advisors provided their clients with the correct advice about the total collapse of the market in 2008-9. […]

The Psychology of Why People (Used to) Hate Annuities, Part 2

The following is an excerpt from Snap Judgment: When to Trust Your Instincts, When to Ignore Them, and How to Avoid Making Big Mistakes with Your Money by David E. Adler. This is a fascinating book about the psychology of money and how our instincts and emotions often harm us when we make investing decisions. […]

The Psychology of Why People (Used to) Hate Annuities, Part 1

The following is an excerpt from Snap Judgment: When to Trust Your Instincts, When to Ignore Them, and How to Avoid Making Big Mistakes with Your Money by David E. Adler. This is a fascinating book about the psychology of money and how our instincts and emotions often harm us when we make investing decisions. The excerpt below is part one of a two-part series. […]

Interview Lessons from a Video Contest

Remember the competition for the best job in the world? Well, here's a knock off -- it's a really Goode job (a pun because the company's name is Murphy-Goode, a winemaker in California.) They're offering $10k per month for six months for someone to come out and drink wine (oh yeah, there are a few other responsibilities.) But that's the key part of the job. […]