Sep 17 2008

3 More Of The Recommended Blogs About Personal Finance

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Where are all the money blogs? Long time passing … just joking, there are hundreds, thousands of money blogs out there. Nobody could possibly follow all of them. So, which ones are worth reading?

I like this blog, which covers saving money, investing, reducing debt, paying off credit cards, creative refinancing ideas, interest rates predictions, debt consolidation, refinancing, investing, reducing expenses, reducing monthly payments, vehicle refinancing, and wealth creation. There are some very thoughful posts in here, and it’s rare that you find a money blog these days that actually says something you don’t already know. Well, it’s rare for me, and I am sure it’s rare for you, my discriminating reader, as well.

Some blogs try to cover to broad an area, and you find posts about basketball and baby poop interspersed with the financial articles. This one is not like that. It’s broad in the range of financial topics it tackles, but remain focused on money, finances, and investing.

I have been reading a fairly comprehensive blog about saving money, investing, reducing debt, paying off credit cards, and creative refinancing ideas. The general level of intelligence in the posts is a notch above the average internet page. One of the problems with the internet is that any fool can write and publish any article on any topic, and Google’s quality checking alogrithm doesn’t measure the intelligence of the content, just its relevance and uniqueness.

This blog has some good thoughts, reasonably well expressed, and that sets it head and shoulders about the average Adsense-financed “wall of words’ junk content that is proliferating around the internet on a daily basis.

Worth a look is this blog about pretty much all personal finance topics - how to save money, ways to earn extra money, how to reduce debt, how to reduce mortgage payments, ways to reduce credit card debt, and how to become debt-free. The occasional post might be too specific to be of interest to a broad market, but most posts will be at least mildly interesting to the average reader, and there is an occasional gem as well. Make sure you check the archives, because you can find timeless material that is quite useful hidden in the depths.

It’s particularly good on strategy, and thinking about your overall financial situation. Any individual tactic is just a piece of the puzzle, and without a co-ordinated financial plan you cannot possibly get the best benefit out of any given tactic.

I think that most consumers could benefit from reading about investment advice, financial advice, mortgage rates predictions, financial planning, debt reduction, and how to be debt free on a regular basis. Money blogs are not the only way to gain this information, but they are convenient, provide bite-sized chunks of information, and if you choose well, provide reasonable quality information. Generally they are written in a readable style and break the information into small enough chunks that you don’t get overwhelmed.

I would recommend keeping an eye on the blog at moneytalksabout.com/blog. This blog pulls together RSS feeds from several other good quality money blogs, which saves time and effort in surfing around the internet to each blog. There are good quality original posts from time to time, as well, and Money Talks has a good reputation for no-nonsense content.

As you can imagine, this handful of recommendations is not going to cover the full gamut of money blogs. Quite apart from the existing crowd, new money blogs come into existence every day. There will be hundreds of undiscovered gems available elsewhere. Please add a comment with the URL of your favorite blogs about investment advice, financial advice, mortgage rates predictions, financial planning, debt reduction, and how to be debt free, and tell me why you like them. I look forward to hearing your thoughts - and learning something new!

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