freemoneywisdom

The Perfect Amount to Save for College

We all want our children to attend higher education but do you know how much to save for college? If you’re like the rest of America, the answer is probably “no.” But if you were asked if you want your children to go to college and have a blossoming caree... Read >

The United States Debt Gone Wild

The United States debt... In the style of a seeming “financial manifest destiny", America, led by the Federal Reserve and the government has crusaded to an unprecedented level of growth in the past 30 years… But at what cost? Unfortunately, Americans poss... Read >

Dave Ramsey and Warren Buffett Say No to Gold

If you know anything about personal finance, you probably know who Dave Ramsey is. He is a popular Christian personal finance expert, specifically in the area of debt reduction. He has helped thousands reduce debt and get their life back together. Recen... Read >

ETFs 101, What You Need to Know

ETF’s (exchange traded funds) are the fastest growing investment vehicle right now. And there a good reasons for this. Whether you are investing through your Roth-Ira or playing the stock market with a brokerage account, you might want to consider invest... Read >

Why You Shouldn't Save for your Kid's Education

I bet that title flustered some feathers huh? Well it should because I am a proponent for making your kids pay for their own tuition. I'm not saying this out of spite, but from experience. This concept may be challenging for you, but I think it's a gre... Read >

5 New Ways I Practice Frugality

I talk a lot about frugality on this blog, but how do you know I "talk the talk" and "walk the walk?" Well, I guess you will never know haha. On a serious note, I wanted to write up a post describing 5 new ways I actively practice frugality on a day to ... Read >

Is $75,000 Really the Perfect Salary?

One of my favorite financial resources, The Wall Street Journal, published an article about the perfect salary. According to their research, $75,000 is a perfect blend of money and happiness. The full length article can be found here. This study goes... Read >

Cheaper Car Insurance is Around the Corner

When you ask a friend about how much their car costs them, they usually tell you the monthly loan amount. Unfortunately, your car costs a lot more than just the loan amount. Think about it. When it comes to monthly expenses, you have gas purchases, mai... Read >

Emergency Fund and the Basics

How much should I save for an emergency fund, you ask. Well, that's a highly debated topic. The answer is, it DEPENDS. Before I get into how much is enough, let's back track and talk a little about the purpose of an emergency fund. Webster's dictionar... Read >

Mortgage Crisis and Why it Happened

Good evening Free Money Wisdom readers! I thought I'd change it up a little bit and have a great friend of mine guest post on here. He is far more knowledgeable in the business realm than I am and will be giving his opinion on a wide range of financial ... Read >