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 5)

How to Improve Your Odds of Success at Investing

Kiplinger lists six ways to improve your odds of success at investing as follows: 1. Using low-cost, low-turnover solutions—preferably index-like mutual funds with a relatively low focus on active management. 2. Hire a fee-only objective adviser to help you sort through your holdings, provide recommendations and monitor them. 3. […]

Reminder: Don't Quit Your Job Until You Have a New One

I recently ran into a LinkedIn post titled "That's It, I Quit!" -- What's Your Exit Plan? where a worker says (in part): I am going out of my mind at my job. I hate my job so much that I'm afraid I'm going to walk out the door one day in frustration. I have almost done that already on two occasions but I stuck it out. […]

Star Money Articles for Week of October 3

Welcome to this week's edition of Star Money Articles. Let's start with a fun post. I laugh out loud just about every time I read Budgets are Sexy and his post on the financial empowerment game certainly gave me a chuckle. Question: Can Getting Up Early Make You Wealthy? Answer: Yes! Yikes! Who knew you could spend so much on make-up! […]

Costco versus Sam's Club: Which is Better?

Wisebread recently did a comparison post on Costco versus Sam's Club. They compared the two on six attributes. Costco won three, two were tied, and Sam's won one. […]

Four Skills You Need in Retirement

US News lists four skills you need in retirement as follows: 1. The capacity to be independent and self-directed. 2. Good people skills.3. Financial confidence. 4. The ability to relax. Here's where I rate on these: 1. I am a pretty independent and self-directed guy. Some would say I'm probably too much of both of those, but apparently they come in handy during retirement so good for me. :) 2. […]

Can You Become Wealthy by Renting?

Here's an interesting piece telling how a single mom and a couple have sworn off home ownership and are better off financially for it (the couple has even gotten "rich"). […]

Millionaire Interview 17 Update

The following is an update to Millionaire Interview 17. My FMF millionaire #17 interview took place almost 3 years ago. The biggest change for me since then has been my job. At the time, I hated my job. It affected my mood very negatively and looking back, I was probably on the edge of depression. […]

Book of the Week: The Millionaire Next Door

It's no secret that I love the book The Millionaire Next Door: The Surprising Secrets of America's Wealthy. I love it so much that I have an entire category here at FMF dedicated to it with over 70 posts in that category!!!! Some highlights: Rich People Know that Things Don't Satisfy How to Become Wealthy Best of Free Money Finance: Millionaire Next Door, Part 1 For a good overview of th […]

More Bad News on Retirement

Here's a post that asks if we have a retirement crisis. Why would anyone ask that? Here's why it asks that: From this data, it looks like we’re officially in crisis mode. The near retirement households are going to be in serious trouble after they retired. The median retirement account balance for people 55-64 (who have retirement accounts) is $104,000. […]

What's the Top Financial Stress in Your State?

Bankrate recently posted a chart of the top financial stresses by state. Some interesting observations: The vast majority of states have "paying off my debt" as their #1 financial stress. […]