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