This is an Other Side of the Fence article, in which I take the opposite viewpoint of a popular idea and/or debate a specific thought.
When scanning the personal finance blogosphere I ran across a guest post over at Fiscal Fizzle that read "There's no such thing as passive income."
That's a pretty bold statement and I couldn't resist clicking on...
You'd be hard pressed to find a person who doesn't want to be financially free, but I bet it wouldn't be too hard to find someone who couldn't tell you what they'd do with that freedom. The day that you become financially free what will really change in your life? Will the angels sing and your problems...
With personal finance everything is relative. Reading through blogs and comparing yourself to others using direct numbers might not be the best way to measure your progress, but using personal finance ratios could be a better indicator as to how you're doing. For example, if you're located in Iowa, your income is going to be significantly lower...
Is minimum wage really that hard to live on? I was at a friend's house last night for a small party and met a girl there she mentioned that she chose Hawaii because it was a place where you could do a lot of the things you enjoy for free and a lot of people don't really focus...
Last night I watched a documentary about credit cards and debt that was produced in 2005 known as "In debt we trust." The documentary was free to watch on hulu and spent about an hour and a half discussing what credit cards were, the corruption of the system, and the problems we face with debt as a nation....
During one of my math classes in middle school the teacher talked about the power of compound interest and asked if any of the students had stocks. Some raised their hands and said they had stock in things like Disney or Coca Cola, nothing fancy, mostly big name companies. However, I was pretty darn jealous. I...
This page is simply a collection of things I've found while browsing the internet that are free! Personal finance advice is cheap, but these things are even cheaper. Enjoy.
Free Financial Books
J.D. Roth's Get Rich Slowly Guide to IRA's - Free ebook (PDF link)
Richest Man in Babylon - George Clason's 1928 Classic, free to download.
Free Personal Finance Software
Mint.com...
There are a ton of different financial websites and blogs on the web. Each with their own strategy or mix of ideas. Reading through these blogs makes you realize that some ideas mix as well as oil and water. Enter financial extremism.
The vast majority of personal finance blogs are middle of the road. Pay off...
I hear the phrase "a lot of money" well... a lot... but what is a lot of money? Recently I asked what you'd do with an extra $20,000 and to some that was "A lot" of money, but to others it was not a lot of money at all. What gives?
Bringing this topic up reminds me of...
