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 376)

Interview with Schwab about Their 2% Cash Back Credit Card

With both the American Express Blue Cash and the Chase Freedom credit cards lowering their cash back rewards recently, I'm of the impression that the relatively new Schwab Visa cash back card is the new king of the hill (FYI, it wasn't far back before in my analysis, but since the others have cut back and Schwab hasn't, it's the best cash back card now IMO.) I have a contact at Schwab's PR firm, a […]

Is It Ok for a Pastor to Earn $600k a Year?

For those of you new to Free Money Finance, I post on The Bible and Money every Sunday. Here's why. We've previously talked about how much a pastor should earn but here's a real-life situation to discuss. Check out this report: Manhattan's Riverside Church - one of the country's most illustrious religious institutions - is paying its new senior pastor, the Rev. […]

A Simple Example of Why Spending Less than You Earn Works

It's simple math really, spend less than you earn and you have a surplus and are growing your net worth. Spend more than you make and you're going backwards no matter what else you do. […]

Maybe the Latte Factor is Now Less of a Factor?

Personal finance author David Bach made the "latte factor" an almost ubiquitous term in the money management community. His idea was that if you cut out lattes (or other small amounts of spending) on a daily basis that you could save a boatload of money, invest it, and grow rich (or at least better off.) But that was back when lattes were $5 a pop and people were drinking two or three a day. […]

How to Improve the 401k

After our recent discussion on blaming the 401k for many of the retirement savings problems existing today, I found this article that suggests how we can fix the 401k to make it better, revamp it completely, or even do away with it. The options they present: Make 401(k) plans automatic. Most people agree that, given enough time, 401(k) accounts can recover from market losses. […]

I'm in the Buy and Hold Hall of Fame

Ok, so this is a blatant attempt at getting free links from larger-sized blogs, but I'm a sucker for a compliment so I'm falling for it. :-) ETF Database lists the Buy and Hold Hall of Fame as follows: Real Life Buy and Hold Legends Warren Buffet Charlie Munger Benjamin Graham John Bogle Sir John Templeton Web Buy and Hold Legends FMF J.D. […]

How to Increase Your Salary

Here's a comment left on my post titled How to Have a High Net Worth that's a response to a question about how to increase your salary. I think it's excellent advice and wanted to share it with you all: For someone starting out, I'd say focus on delivering a strong multiple of your salary in measurable value to your company. […]

Star Money Articles and Carnivals for the Week of May 11

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. After that, I have a list of the carnivals Free Money Finance was in this week and my posts that were included: BripBlap says America loves entrepreneurs. […]

Help a Reader: What to Do with Kids' Gifts

Here's a comment left on my post titled Who Are Kid's Gifts Really For?: My boyfriend and I have been talking money and completely disagree on the gift of money. My children are 6 and 9. I haven't set them up with savings yet but I am figuring out allowances and with that I will set up a savings account for each of them. Now that my children have an opinion of things they know what they want. […]

How to Find a Great, Local, Honest Mechanic

In my post titled Another Example of How a Knowledgeable and Fair Sales Person Can Save You Money, I talked about some of my highlights and lowlights dealing with various car repairs. One reader asked how anyone could find a good mechanic and wondered if there was an online resource that could be referenced. Another reader responded with what I thought was a great comment. […]