"Free Money Finance" - Helping you increase your net worth

I love to read finance blogs which are created just to share personal finance experiences to the visitors. It's in human nature that we are more inspired and motivated by the personal experience based stories and may be simple calculations or figures don't impress us. "Free Money Finance" is a blog which is one of the finance blogs where bloggers has its own story to share with us.

Free money finance is about one simple thing: 'growing your net worth'. All financial topics are subsets of net worth, and this blog will talk about them – but always with the goal in mind of increasing your net worth – making you better off financially.

Why this blog was created?
(In blogger's own words)

'The current state of personal financial media/information/data (or whatever you want to call it) is dismal. It’s full of a bunch of sales people (“experts”) who want to:

1) Overcomplicate the facts so the average person thinks he/she can’t possibly manage it alone
2) Want to make “your” money “their” money (or at least take part of what you have to give you “valuable” advice)
3) Don’t know much about personal finances.

I’ve found that there is a lack of financial wisdom, real wisdom, out there that is simple and easy to implement. Therefore, this site is an attempt to talk about finances in a simple, easy-to-understand manner that allows the reader to manage his or her finances without a lot of effort.'

The real life story behind it

I've never really detailed my personal financial journey, so I thought I'd give you the basics today on where I've been. Maybe it will add some perspective on what I write about and why.

My parents were divorced when I was in the third grade and from that time until my mother remarried when I was in high school, we lived on one minimum wage income with very little child support from my father. It was certainly tight money-wise, but I never really knew how bad it was until many years later. I can only imagine the years my mom fretted over where our next few meals were coming from.

Things improved when my mom got remarried, and we moved up to the lower-middle class. Through the years, my stepdad's business did well, my parents got better at saving more, and we moved into the middle class. It really didn't matter for me though as I was away at college. I studied hard, worked all the way through school, and borrowed money from my grandmother. Thanks to hard work and scholarships, I left grad school with two degrees under my belt, only $5,000 in debt, and a job that paid more than my parents earned.

Through the years, I've done the things I've talked about here at Free Money Finance -- spent less than I've earned, paid off all my debt, managed my career, invested regularly and the like. During that time my net worth has grown and grown, allowing my family to be in the upper percentages of wealth in the U.S.

I share this information with you for the following reasons:

1. So you can get a feel for the person who writes these posts.

2. To demonstrate that the American dream is alive and well -- that it's possible for a poor kid to become well off without winning the lottery, robbing a bank or having a rich relative die.

3. To let you know that I'm writing from experience. I know what works financially since it's worked for me. I'm not writing about topics I've read about one time and regurgitated with opinions based on nothing -- I have lived these topics, applied these principles, and know what works and what doesn't. I then use 'Free Money Finance' to communicate what I know in hopes that you all will be the beneficiaries of this experience.

Source: My Story from Rags (Kinda) to Riches (Kinda)

Achievements:
Blog has earned good reputation among media and reviews at some known sites are worth to check:

BUSINESS WEEK MAGAZINE: "We've identified some of the most worthwhile investing blogs...worth visiting, whether you're a casual stockpicker or a seasoned pro in search of fresh ideas. [Free Money Finance] offers an inspiring mix of timeless investing wisdom and money-making ideas."

THE WALL STREET JOURNAL: "There are thousands of personal-finance blogs on the Internet. [Here is] a popular one."

US NEWS AND WORLD REPORT: "Practical advice on maximizing income, curbing expenses, and amassing wealth."


There are many good posts on the blog. There are 519 posts about 'saving money'. Not only saving money, but there are lot of money, finance, career, budget, credit cards, investement related posts which are worth to check.