22% of the American population have under $5000.00 socked away for retirement. The majority of Americans don’t even have $1,000 available in emergency savings.
Those two harrowing truths tell us that many adults don’t know much about money management beyond earning paychecks and using them to pay for today’s bills/wants.
If you’re one of those people that isn’t future-focused when it comes to your money, you need to get yourself a financial education ASAP before it’s too late. Fortunately, there are a number of free personal finance blogs that will teach you everything you need to know about money.
Here are the 5 best blogs that our team suggests you start reading!
1. Money Under 30
As its name suggests, Money Under 30 is a money management blog that’s targeted at people under the age of 30 that are looking to get a foundation in finance. That being said, the information in Money Under 30 can be valuable to anybody at any stage in their life.
Whether you want to learn about credit cards, investing or short-term savings, there are a number of posts in Money Under 30, all of which are written in a fun, easy to read tone that most readers will appreciate.
2. I Will Teach You to Be Rich
If you’re looking for an edgy yet informative blog, give I Will Teach You to be Rich a try. IWTYTBR is a blog that’s run by outspoken financial guru Ramit Sethi. He got his start by writing a book on finance and then expanded his know-how to the world wide web.
Ramit is laser-focused on his signature “automating your finances” workflow which helps people to not spend money that they don’t have and ensures that their future is secured while also leaving a little bit of cash left over for fun.
IWTYTBR features a number of finance courses that you can take for a fee.
3. The Motley Fool
Learning how to manage your finances later in life? Looking to focus a lot of your financial education on investing?
For those of you that answered yes to either of those questions, take the time to check out one of the best personal finance blogs on the internet, The Motley Fool.
The Motley Fool was built as a resource to teach people about the stock market. While it still does that, it has now grown into a blog where you can learn about everything from savings accounts to CD’s and beyond.
4. Wise Bread
Wise Bread is a finance blog that’s focused on saving money on small things so you can buy big things later on in life. In a lot of ways, it’s similar in execution to Money Under 30 but puts an extra-emphasis on life hacks.
Give it a whirl if unconventional savings strategies interest you!
5. Get Rich Slowly
Among all of our financial blog suggestions, Get Rich Slowly is perhaps the most respected and focused on building long term wealth rather than figuring out ways to make money today.
A lot of the concepts taught in Get Rich Slowly mirror what you’d learn via the Infinite Banking Concept so if your primary financial concern is having enough money to retire in your 60’s, start learning about the power of concepts like “compound interest” by checking out this personal finance blogs favorite.
Personal Finance Blogs Can Lead You to Financial Freedom
Personal finance blogs are excellent resources that can condense years worth of financial education into a couple of weeks of content. Start reading the blogs that we’ve suggested, start getting financially savvy and if you need additional inspiration, check out more of the content on our blog!
