Free The Drones Personal Finance Blog

A personal finance blog dedicated to achieving financial freedom for those drones slaving away in jobs they hate.

Archive for 'General Personal Finance' Category

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Rating the Money Gurus

20 September 2006

In looking around for more information on Robert Kiyosaki, I came across this page, which I think is well worth a read if you’re going through Rich Dad, Poor Dad or related material. It’s by John Reed, a guy who has apparently spent quite a bit of time researching and writing about Kiyosaki and the [...]

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Robert Kiyosaki – Guru or Snake Oil Salesman?

20 September 2006

MyMoneyForest has generated a lot of controversy by initiating a debate over the merits of Robert Kiyosaki’s teachings in his books (such as the famous Rich Dad, Poor Dad) and seminars, pointing to five things Kiyosaki teaches that he thinks are nonsense. MyMoneyForest’s list of the things he thinks are wrong:
1) Traditional education isn’t imporant.
2) Stocks, [...]

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Using Excel Spreadsheets To Track Your Finances

15 September 2006

I ran across a nice web page with a set of spreadsheets, pre-made, for Excel, a program that many people have through Microsoft Office. There are quite a few of them there, and they have a lot of detail – lots of instructions and explanations of what is going on, and all you really have [...]

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Check for Unclaimed Assets – Someone Might Owe You Money

14 September 2006

Anyone who’s been out in the real world for more than ten years or so should really run their name through a web site like this one, Foundmoney.com, that collects records from various banks, insurance companies, governments, and other entities that owe people money. Over time, stuff like this can happen without you knowing it [...]

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How To Set Prices For Stuff At A Garage Sale

14 September 2006

Since I posted earlier with information on how to make the most out of an estate sale from the buyer’s perspective, I figured I’d add in a find for people who are planning on hosting a garage sale / yard sale : this guide on how to price the stuff you put out there. It [...]

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Some Tips on When to Buy Life Insurance

8 September 2006

MakingOurWay has a post on his thoughts on when you should be getting life insurance. I’m not a good candidate for it myself and haven’t spent much time thinking about it, but he points out a few situations in which it is an absolute must – specifically, when you own a family business or some [...]

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How To Evaluate A College Financial Aid Package

8 September 2006

Smartmoney has a good article for parents and prospective college students for whom scholarships and financial aid are a big part of the college decision. It gives you some tips on the ways college financial aid offices will “rig” the packages to make them look a lot more attractive than they really are. Comparing the [...]

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How Much Allowance Should I Give My Kids?

7 September 2006

Pretty much anyone who knows even a little about personal finance will tell you that it’s important to start saving young. But it’s also common knowledge that many people don’t. And a big part of why they don’t save as adults is that they didn’t learn good financial habits as children. If you’re a parent, [...]

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Why You Need to Have Health Insurance…

29 August 2006

In keeping with the post earlier today on how hard it can be to get health insurance as an individual with even minor blemishes on your health record, I came across this post by Insureblog about a friend of the family who got in a car accident – and the financial consequences she narrowly avoided. [...]

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Thinking of Becoming An Entrepreneur? Watch Out On Your Health Insurance

29 August 2006

This article by Deborah Vrana over on MoneyCentral suggests that anyone thinking about starting their own business – or anyone who might be at risk of losing their job – should watch out as far as health insurance goes. It can be very hard to get individual insurance outside of a normal corporate health insurance [...]

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