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Free Money Finance

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How Most People Got into Their Mortgage Mess

Feb 27, 2009
Here's an interesting exchange from my post titled How to Postpone Foreclosure. It starts with this comment: Another way to postpone (or even eliminate) foreclosure... -make your...

Five Ways to Downsize Your Lifestyle

Feb 26, 2009
Crosswalk offers five ways to downsize your life as follows: Move to a less expensive home. Give up an extra vehicle. Eat out less. Take a “staycation.” Eliminate extras....

Guess What? Your Job is Your Most Valuable Asset

Feb 23, 2009
Check out this quote from a CNN Money interview: Writer Stephen Viscusi asserts that in this atmosphere, "You must understand that your job is your most valuable asset -- and your primary...

Help a Reader: Mortgage Problems

Feb 20, 2009
Here's an email I received from a reader: I purchased a home last summer, and as a promotional offer, my builder paired with some mortgage lenders to offer a '6 month no-pay' deal.  (I had...

Help a Reader: Allocation of Investments

Feb 18, 2009
Here's an email I recently received from a reader: My employer offers its employees to participate in a savings plan aka RRSP. My employer will match up to 6% of my contribution which is...

Update on Jim Nantz

Dec 11, 2009
Ok, this is a bit old (I have been posting ahead a bit since vacation is looming), but I wanted to follow-up on my post listing money lessons from sports announcer Jim Nantz. Here's a summary of the divorce decree: CBS sportscaster Jim Nantz...

Stars Who Have Lost Fortunes

Dec 11, 2009
Here's a list of stars who have lost fortunes. Or, in other words, people who have earned a ton of money, spent all of it and more, and are now in financial trouble. They list 19 celebrities in total, and here are some of the highlights: Nicolas...

Star Money Articles and Carnivals for the Week of Dec 7

Dec 11, 2009
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 and some of the carnivals Free Money Finance was in this week...

17 Common Investing Pitfalls and Their Remedies

Dec 10, 2009
The following is an excerpt from The Secret Language of Money: How to Make Smarter Financial Decisions and Live a Richer Life and lists 17 common investing pitfalls and their remedies. 1. Not having a master plan informed by expert information and...

Investing Mistakes We Make

Dec 10, 2009
The Difference: How Anyone Can Prosper in Even The Toughest Times lists investing mistakes many people make as follows: Waiting to begin. Not diversifying. Raiding a retirement account. Trading too much. Buying the next hot thing....


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