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 368)

Is Your Giving Up, Down, or About the Same?

We're now several months into the economic downturn. As we were going into it, I said I thought that giving would take a big hit and churches, charities, and other non-profits would fall on hard times in the following months. […]

Seven Ways to Wreck Your Credit

We've talked about credit scores here a lot and how they can save you tons of money, not only on loans but on services such as car and homeowner's insurance. As such, you need to consider the impact various moves you may make could have on your credit score. […]

It's Not Too Late for College Students to Get Some/More Financial Aid

The following is an article from Sallie Mae’s free Education Investment Planner which attempts to help college-bound students and their families build their own customized plan to pay for college, explore various funding options, and, when applicable, estimate monthly payments for student loans. […]

Help a Reader: Where to Buy an Engagement Ring

Here's an email I recently received from a reader: I'm looking at buying an engagement ring in the next few months and I wanted to know how practical it would be to purchase a diamond/ring online though eBay.  I've looked at the big brick-and-mortar jewelers and online sites such as but I can't help wondering if the best bang for my buck would be something like eBay.  Do you know a […]

What are Your Three Money Do-Overs?

Your Money Relationship lists what he would do-over financially if a genie gave him three things to go back and change. I thought it would be fun to list my do-overs as well as ask for yours. Here are the three things I'd do over financially: 1. I'd start saving/investing sooner. […]

I'm Still Buying

A couple weeks ago in my post titled The Poor Economy is Having Very Little Impact on Me, one reader made the following comment: What got many people INTO this mess were bubble heads always insisting that it was always a great time to buy a house and it was always a great time to buy stocks. […]

Help a Reader: Bonds in a 401k

Here's an email I received from a reader: My question is regarding high yield bonds and core bonds - what is the difference between these bonds? Generally speaking, is one preferable to the other for a passive investor? In this particular situation, I'm operating within the confines of my 401(k). There are target date funds available, however, I prefer to do my own asset allocation. […]

How Long Before I Can Retire?

I set my retirement number a few years ago and I thought it would be interesting to revisit how close I am to reaching it. You may recall that I built my retirement number assuming a few things: I wanted to cover my expected retirement expenses. In addition, I wanted a reasonable margin of safety in case my expenses were higher than what I estimated. […]

Why Even the Best Investors Can't Pick Winning Actively Managed Funds Consistently

What seems like a long time ago, I wrote a piece talking about the impact costs have in determining the success of your investments. The takeaway was that if you wanted to get the best return possible from your investments, you needed to make sure costs (trading costs, taxes, various fees, etc.) were as low as possible. My solution? […]

Advice for People Early in their Career

The following is a guest post by FMF reader Mike Hunt. Mike has left several excellent comments on this blog and I asked him to give some career advice of his own in a post. […]