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.

Profile of Free Money Finance

Latest Posts from Free Money Finance (page 380)

Help a Reader: Posting a Bond as Insurance

Here's a question a reader left on my post titled What It Means to Be Self-Insured: I have "heard" that instead of paying for liability insurance for your vehicle, you can post a bond for whatever the minimum amount of liability required. That way, YOU earn interest on your bond, not the insurance company. Anyone know different? I haven't heard anything about this. […]

Investment Strategies Part 1: Rebalance into Stable Investments in an Appreciating Market

The following is a guest post from Marotta Wealth Management. Diversifying your portfolio means finding assets that have value on their own merits but do not move exactly alike. A critical investment metric called "correlation" is used to construct a portfolio most likely to meet your personal financial goals. […]

25 Traits Of The Not So Well To Do

I LOVE this list from Free from Broke. It's listed as "25 traits of the not so well to do", but to me it's more of a "you're probably poor the more you do/have of these things" list. […]

Star Money Articles and Carnivals for the Week of May 25

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: My Dollar Plan is going to court. […]

Help a Reader: Credit Card Rewards

Here's an email I recently received from a reader: I have accrued about 35,000 American Express Rewards Points.  The exchange rate goes roughly like this: $100 gift card = 10,000 points $100 cash (or equivalent) = 20,000 points I get 1 point for every dollar I spend on that card, so they are offering me 1% money back for a gift card, or .05% cash back. I can get a $350 gift card […]

Four Home Upgrades Worth the Tax Break

MSN Money lists four home upgrades worth the tax break as follows: Adding insulation - Insulation is the cheapest home improvement that qualifies for the tax credits, says Karen Schneider, a spokeswoman for Energy Star. And by installing it you could save up to 20% on your energy bills. Replacing windows and doors - Before, tax credits for windows and doors were capped at $200. […]

Eight Bad Ideas that Made a Ton of Money

Here's a list of eight "bad" ideas that made a ton of money for their founders: Selling property on the moon Fake wishbones The Million Dollar Homepage Pet Rock Garbage Pail Kids Prairie Tumbleweed Farm Mood Ring Chia Pets Ok, so these might be "bad" in the sense that they don't add much value to society, can be in poor taste, and are sometimes a clear rip-off, but if they made a ton […]

Time Banking: The Next Generation of Bartering

The following is a guest post from Philip from Weakonomics, a personal finance blog focused on the intersection of Main Street and Wall Street.  According to him, he's usually sitting at the corner throwing rocks at traffic behind the fence of anonymity. […]

Help a Reader: The Best Small Business Credit Card

Here's an email I recently received from a reader: I followed with interest your quest for the best consumer credit card and am currently working on moving mine to Schwab.  But I ran into a problem yesterday on a different plane.  I am a church administrator and our church staff has been using Advanta credit cards.  Advanta has now cancelled all their small business credit card accounts (4 days […]

And Yet Another Reason to Hate Etrade

I've detailed previously that I hate Etrade because they closed their index fund leaving me high and dry. Not only that, they closed it at the end of March. Do you know what's happened since the end of March? It's up about 15%. That means I would have an extra $4,000 in my Etrade accounts if things had stayed the same and the index fund had not been closed. […]