It’s important to keep your personal finances in order, and reading articles about how to manage your personal finances is a great way to start. There are several sites and resources available online that provide useful tips as well as general information. Personal finance apps are another effective way to manage your personal finances: these apps can help you pay bills, keep track of your accounts, increase your savings, learn about and make investment decisions, and more.
Another great tool for keeping up with personal finance topics is to check out personal finance blogs. Sometimes bloggers have a unique take on personal finance matters and can provide interesting insight on relevant topics. Many blogs are broken down by age or life stage (like motherhood or business), which can also be helpful. Here are five types of personal finance blogs that you should check out, by category.
1. Reading about various personal finance topics
CreditLoan.com is a great personal finance blog if you want to read about various topics. Topics include mortgage and refinance loans, credit cards, student loans, credit reports, and more. The information available under each category is substantial, from basics like explaining what a credit card is to much more specific information and answers to common questions. Readers can also submit questions via email and have them answered. The site also has many links to other blogs that are helpful.
Get Rich Slowly is another helpful personal finance blog. The blog posts cover a wide variety of subjects and definitely provide interesting points to consider. This site is very much what most people think of when they hear the word “blog”; it is broken down into categories, and under each category are several topics. This blog has a lot of useful information, and if you like to read about personal finance, you will enjoy this site.
2. Learning about investing
If you are new to investing or you just want to know more, check out the Oblivious Investor. Mike Piper, the author of the site, has also written several personal finance books. The site has information on taxes, accounting, Roth IRAs, investing, Social Security, and other issues, as well. The pulldown menus are helpful and easy to use, and the site is easy to navigate. Piper suggests that investment success is based on portfolio diversification, minimizing costs, and “ignoring all the noise from the financial media about what the stock market does from day to day.” The posts are poignant and often amusing.
3. Learning about retirement
Wade Pfau’s Retirement Researcher Blog is an effective and informative retirement site. Pfau has a PhD and is a CFA professor of retirement income at American College. The site provides retirement planning based on research and focuses on a few main questions. The site looks at having enough saved for retirement, determining the right amount of stocks and bonds for retirement, when Social Security should be collected, explaining the difference between fixed and variable annuities, and more. In addition to useful retirement information, Pfau occasionally offers free webinars, as well. The blog posts are helpful and informative, but they are more advanced than many other retirement blogs, as the information is specific.
Early Retirement Extreme is another blog, and it promises to give users the tools to be financially independent in five years. This site has more of an independent feel and will give readers some new ideas to think about. The advice suggests a major lifestyle change and is unique.
4. Saving money
Mint.com is a site that puts all of your financial accounts together so you can keep track of them. The company also has a mobile app. The site allows you to follow your different financial accounts easily, and therefore save more money (the site includes a section on financial goals, as well). The site includes a blog called MintLife, which offers financial tips and advice, including information on cutting bills, improving your credit score, and so on.
The Krazy Coupon Lady is a popular blog that offers advice in addition to deals. If you’ve never couponed before or you just need a good place to find deals, this site has a lot to offer. The blog entries are mostly short and to the point; use this site if you want a deal and you want to quickly save money.
5. If you have student loans
Many people are weighed down by their student loans, and Student Loan Hero is a great blog for readers who want to learn more about their student loans or how to handle them. The blog entries are quick, to-the-point, and helpful. The site also has student loan calculators, which are a great tool. The blog is run by a company that focuses on student loans, but that doesn’t affect the power of the information, which is very helpful.
ReadyForZero is another company that has a blog that focuses heavily on student loan debt. The available information is extensive, and those with loan debt can find information on how to pay off the debt, programs that can help, loan forgiveness, and more. The site is easy to use and contains a lot of information.
There are so many personal finance blogs available online that you could read for days, but one of the best ways to get the most out of your research is to search for the type of personal finance blog you actually need. Hopefully, these five types of blogs helped you think about which aspect of your finances you need to work on.
Want more great content like this? Sign up here to receive the best of Cheat Sheet delivered daily. No spam; just tailored content straight to your inbox.