Here at BSI, the goal is to give you big ideas in bite-sized portions. To break down complicated concepts into manageable chunks. And personal finance is definitely complicated.
Or is it?
The self-proclaimed “experts” in such areas as investing and retirement planning prefer to keep their subjects as murky and technical as possible, so that you need their help. Your continued dependence keeps the repo men away from your stockbroker’s Mercedes.
(Have you seen Operation Repo? It’s over the top!)
If you can cut through all the noise and self-promotion, the realm of personal finance can be boiled down to a few key principles:
In order to stay up-to-date on financial topics, I read a wide range of source material. Personal finance books are my favorite way to learn the foundations of money management, defeating debt and investing. I have recommended several here.
But the problem with books is that they can quickly become outdated. (Especially personal finance books, since legislators cry “Financial reform now!” seemingly every quarter.) To stay up-to-date on personal finance issues, I read several blogs.
And I must say, there are some very good financial writers out there. For your curiosity and enlightenment, listed below are my top five favorite personal finance bloggers. Included are links to their blogs so that you can share in the fun. Just be sure to continue reading here!
J.D. at GetRichSlowly.org
J.D. Roth could be called the granddaddy of personal finance bloggers. He started writing after getting deep into debt and reading lots of books on personal finance. He wanted a place to record what he’d learned and track his progress.
His blog has been around for so long now that he employs a few staff writers who cover subjects in addition to personal finance.
Trent at TheSimpleDollar.com
Trent Hamm began writing about personal finance after his self-described “financial armageddon”. His blog is a mix of general money advice mixed with personal experiences.
One of my favorite aspects of his writing is the personal, warm tone–he deals with his and others’ real, everyday situations.
Ramit at IWillTeachYouToBeRich.com
Ramit Sethi is my favorite Indian, and yes, I do know a few. His writing has a special way of connecting with 20-somethings. He gets us to stop reading and take action in our financial lives.
His book (of the same name as the blog) set me on the path to automated, simple money management. Ramit’s specialty is in showing how to leverage technology to improve finances.
??? at MintLife
I have no idea who writes here, probably several people. This is an awesome blog from the makers of a stellar money management service. They keep you up-to-date on the latest legislative changes that affect your money.
Read the blog and sign up for the free money management service.
David at MoneyNing.com
Another great entry in the personal finance genre, MoneyNing covers topics from money management to frugal living to investing. David writes in a personable style that let’s you know that yes, he’s a real person and yes, he cares about your financial well-being.
Now that you know the secret to my money knowledge, do something about it! Visit these blogs. Read their most popular posts.
Who knows, it may just improve your life!
Tags: personal finance blogs, pf writers, Ramit Sethi
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I'm Damien Olenslager. I recently graduated debt-free from college and now work in the tax industry.
Here I cover topics such as business, personal finance and wellness from a minimalist perspective.
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