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

Three Mental Models for Personal Finance

The following is a guest post from The Master Dukes of Dollars. The two bloggers held court frequently, delving into lifestyle and personal finance discussions as they searched for ways to live an optimal life, eventually deciding to invite a global audience into their mindsets by establishing their own blog together. […]

Best Retirement Cities

Here's a list of the 50 best retirement cities from Business Insider: The top ten: 10. Las Vegas9. Austin8. Denver7. Honolulu6. Salt Lake City5. Atlanta4. Scottsdale3. Miami2. Tampa1. Orlando A few thoughts from me: The Florida cities did so well because they have no state income tax, great weather, and lots to do. Denver is awesome, though I like Colorado Springs better. […]

How Much the Average Couple Will Spend on Healthcare in Retirement

CNN Money has this to say about healthcare spending in retirement: The average couple retiring today at age 65 will need $280,000 to cover health care and medical costs in retirement, according to an annual estimate by Fidelity, released Thursday. A few thoughts from me: This is from 65 on. […]

Paint Your House Door Black, Earn $6k

Here's a post that says if you paint your house door black, your home's value will increase by $6k: Zillow released an analysis Wednesday after examining some 135,000 photos from listings across the U.S. since 2010. […]

Millions of Americans Will Never Retire

Here's a piece that says millions of Americans think they will never retire. The details: A majority of Americans don’t know how much money they need to save for retirement, while 19 million Americans don’t think they will retire at all. Ok, so this is two different issues: One group doesn't know how much they need to save for retirement. That's an easy fix. […]

How Much Does the Average Side Hustler Earn?

Bankrate tells us that the average side hustler earns $8k per year. The details: Side hustlers make $686 per month, on average. Within a year, it’s possible to earn more than $8,200. […]

Should You Downsize in Retirement?

Here's a piece asking if you should downsize in retirement.  It goes through a discussion of the pros and cons of going from a large house to a smaller one in retirement. We are having this discussion in our home. […]

Long Game - Save Money and Win Some While You’re At It

Putting money into a savings account...that’s pretty boring. Going to Vegas and winning at the blackjack table...now that’s a rush! […]

Long Game - Save Money and Win Some While You’re At It

Putting money into a savings account...that’s pretty boring. Going to Vegas and winning at the blackjack table...now that’s a rush! […]

Are You Financially Average?

Budgets are Sexy asks if you are financially average and shares these ten financial averages in the US: #1. The average American gross household income is $71,258#2. The average American household with debt owes $132,529#3. The average American gave $5,491 to charity in 2015#4. The average American has a FICO credit score of 700#5. The average American’s 401(k) balance is $96,288#6. […]