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 361)

Should Women Marry for Money?

Check out this interview that says smart girls marry for money. A couple quotes that give you the flavor of what they're saving: We’re not espousing that everyone should marry a rich guy, but we’re saying that you have to be smart when it comes to marriage and money. […]

This Seems Like a Bad Idea to Me

We've talked before about how an investor doesn't want too much (I've read 5% to 10% at most) of his portfolio tied up in his company's stock. The rationale goes that he's already tied heavily to the fate of the company since that's where he's employed (and if the company tanks, so could his job and salary) and to add too much more to the dependence on one entity is really too risky. […]

The Psychology of Selecting Mutual Funds

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. How do we pick a particular mutual fund to invest in? […]

Help a Reader: Paying Off a Mortgage Early

Here's an email I recently received from a reader: Lots of financial experts say to pay your mortgage off early if you plan on staying in that house forever. In fact, as of late this seems to be the popular opinion on most financial blogs as well. My question is a little more involved than that. […]

Buy High, Sell Low: The Basic Instinct Driven Error of Investing

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. […]

The Difference Between Quicken Online and Quicken Desktop

I've been a Quicken user for years (almost 15 years as a matter of fact) and I love it. Simple, easy to use, and gives me the data I need. Plus, I now have a great history of financial information that I can use to create all sorts of charts and graphs and analyze my finances. […]

Six Months Is Not the Magic Number: Why the Size of Your Emergency Fund Needs to Reflect the Times, Not Conventional Wisdom

The following is a guest post by Ryan Irvine from The Elements of Lifestyle. For about as long as people have been writing about personal finance, they’ve been espousing the merits of the emergency fund, which, in a perfect world, would contain about six months of living expenses. If you’re at that point in your personal finance journey, then I applaud you for at least being ahead of the curve.  […]

Investment Strategies Part 4: Don't Rebalance at the Sector Level

The following is a guest post from Marotta Wealth Management. Rebalancing between asset classes boosts returns and decreases volatility. But setting your asset classes based on sectors of the economy is not an effective strategy. You can rebalance your investment allocation at three levels: stocks and bonds, between asset classes and among subclasses. […]

Do You Fly or Drive on Summer Vacation?

Here's an interesting piece from MSN Money about the costs associated with flying versus driving on vacation. Which is "better"? The summary: driving is usually cheaper but flying will save you time. We mostly drive. […]

Another Good Experience

Remember when I went to my car dealership for a quick repair and they saved me $90 by being honest? When I was there, they tightened up the heat shield that was rattling under my car. A week later, it was rattling again (or maybe it was a different one -- they didn't say.) So I made an appointment, went in, and had them fix it. When I got to the cashier's desk, there was no charge. […]