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)

Wasted Opportunity

Here's a story from Yahoo about a guy that went from making $200,000 a year to $25,000 because of a layoff. […]

Help a Reader: Credit Score Problem

Here's an email I recently received from a reader: I recently found on a copy of my credit report that my Citi PremierPass card isn't reporting properly. Even though I have a $2700 revolving credit line, it reports as $1500 (I have a $1400 balance right now, but it will be around $800 next week). […]

Star Money Articles and Carnivals for the Week of June 8

For weekday updates of what I find to be some of the most interesting personal finance articles on the web, follow me on Twitter. For now, here are some pieces I found especially worthwhile and some of the carnivals Free Money Finance was in this week and my posts that were included: Winner of this week's Best of Money Carnival as the best money post of the week was 55 Best Ways To Save Money […]

What is the Right Asset Allocation for You?

Sound Mind Investing says that the most important investing decision is determining asset allocation -- how much of a portfolio is allocated to stock-type investments and how much to fixed-income securities such as bonds. The article notes that academic studies have established that as much as 90% of your long-term results can be traced to this fundamental allocation decision. 90% huh? […]

Make Money by Becoming a Wedding Planner

I've posted on the huge costs of weddings these days ($27k on average according to this Smart Money piece on 10 things your wedding planner won't tell you.) In addition, I've posted on seemingly simple tasks where people can earn a decent amount of money: mowing lawns, walking dogs, becoming a referee and so on. […]

Three Steps to Getting the Most from Your Credit Cards

The following is excerpted with permission from The 1-2-3 Money Plan: The Three Most Important Steps to Saving and Spending Smartby Gregory Karp. A credit card is like a loaded handgun. It's not the tool that makes it good or bad. It's the user. That's why credit cards, as a payment method, deserve their own section in this book. […]

Your Own Personal Money Stress Test

Here's an article that suggests we should each put ourselves (and our money) through a stress test similar to those many American banks just went through. The piece lists four factors that you should score yourself against to see how fit your finances are. The four factors are: Factor One: Disposable income ratio. […]

Help a Reader: CD-Secured Loans

Here's an email I recently received from a reader: I am planning to purchase a second home for around $360,000.  My income is around $180,000 a year, and I have no debt, including no mortgage debt on my primary home worth about $180,000.  Due to the location and uniqueness of the second home (no comparables and so no possibility of a credible appraisal), I have been unable to secure a cost-effe […]

The Most Useful Thing Students Can Do to Prepare for the Job Market

IMO, here's some excellent advice to students on what to do to prepare themselves for the job market: The most useful thing students can do to prepare for the job market is to work. Work before you actually have to work. It's the single best thing you can do to make yourself marketable. Great, great advice. […]

Three Steps to Choosing a Financial Adviser

The following is excerpted with permission from The 1-2-3 Money Plan: The Three Most Important Steps to Saving and Spending Smartby Gregory Karp. Americans today are forced to make a dizzying array of financial decisions, including many we've talked about in this book: how to build a retirement nest egg, save for kids' college expenses, and deal with debt and insurance. For help, you might consi […]