Smart Money: best personal finance blogs for tough economic times

PUBLISHED : Monday, 24 September, 2012, 12:00am
UPDATED : Sunday, 23 September, 2012, 11:58pm

Best personal finance blogs for tough economic times

In these uncertain and volatile times, market commentary can be overwhelming. Personal financial blogs provide easy-to-understand and relatively up-to-date advice on how to handle your personal budget goals and investment targets. Frugal Dad helps families conservatively manage their finances. Before you can save enough money to invest you need to set a budget. Frugal Dad offers realistic advice and answers questions on how to cut debt and expenses.

Cautious investors who don't want to deal with stocks or exchange-traded funds will like this blog. It combines investment features with practical topics such as "how to eat healthy while keeping it cheap". It also includes detailed advice on how to save money when negotiating major purchases such as a car or home. Subjects include savings accounts, term deposits, children's education and the eternal controversy of renting versus buying - especially useful for Hong Kong readers.

Investors who want news combined with personal finance will find both topics combined in this site. The reports target consumers, not bankers. It is easy to understand and light on jargon. All the themes affect household finances; for example, teaching your children to save their allowances so they will learn about personal finance.