| When it comes to saving money and personal | | | | says Jonathon of My Money Blog ( ). With |
| finances, the traditional place to do | | | | your friends, they won't necessarily tell you |
| research was through books and magazines. | | | | that they missed a bill, switched car |
| While these are still excellent sources to | | | | insurance carriers, or bought a new |
| research and learn about personal finances, | | | | investment. While you can always find people |
| there is also a new and growing format that | | | | telling you what to do - sometimes it's great |
| makes personal finances more user friendly | | | | to sit back and see what people ARE doing." |
| and allows for two-way communication. This | | | | He also notes, "Similar to news or political |
| information can be found in the growing | | | | blogs, personal financial blogs have become a |
| number of personal finance blogs."Personal | | | | much faster form of communication. Personal |
| finance blogs tend to offer the real life | | | | finance magazines have deadlines almost a |
| experience of the blogger as he or she deals | | | | month before it finally arrives in your |
| with the common personal finance problems | | | | mailbox. A blog can tell you about a new |
| that we all face," says Jeffrey Strain who | | | | credit card or if a bank changes its terms or |
| writes the Personal Finance Advice ( ). "It | | | | interest rates within hours."Not only do |
| gives the readers the opportunity to see step | | | | bloggers tell you what they think you should |
| by step how obstacles are solved and allows | | | | do in a particular situation, they also |
| readers to give their own opinion or ask | | | | usually spell out the exact reasons why they |
| further questions which can't be done with a | | | | came to that conclusion. "Bloggers tend to |
| book."More often than not, bloggers find | | | | write about both what they did wrong and |
| creative ways to solve the financial problems | | | | right, not just what was right," says FMF of |
| they face. "The fact is that most personal | | | | Free Money Finance ( ). "I know I do." This |
| finance questions aren't cookie cutter clean. | | | | gives the reader a better perspective when |
| Every person has a different set of | | | | they have to use the information in their own |
| circumstances and that comes out through | | | | situation.By finding a few quality personal |
| personal finance blogs," notes Jeffrey at All | | | | finance blogs to follow, you can help improve |
| Things Financial ( ).Blogs are also a much | | | | your finances and learn more about how to |
| better way of disseminating new information | | | | save and grow your money. Best of all, you'll |
| that can help people with their finances. | | | | get a different perspective than you are |
| "Personal Finance Bloggers offer another | | | | likely to find in any book or magazine on the |
| dimension to thinking about your finances - | | | | market today.Courtesy of Saving Advice. |
| by seeing how people think about theirs," | | | | |