John Chow dot Com Free WordPress Installation - Start Your Blog Today!
 

Every Dollar This Blog Makes, It Gives Away

written by John Chow on April 4, 2008

When I asked readers to help me raise money for the Union Gospel Mission’s Easter meal drive, I offered to match 2 to 1, everyone’s donations up to $1000 per person. I was hoping someone would take up the offer and hit my maximum limit. One blog did just that. Free Money Finance sent a donation to the UGM for $1,000 and I figure they deserve a special post for showing such generosity.

This Blog Gives Away All Its Money

After snooping around Free Money Finance, it became clear why the site sent in a donation. Free Money Finance gives away all the money it makes. In the past three years, the blog has made and donated over $100,000 to charitable causes. All I can say to that is, WOW!

It Helps You Make Money

Not only does Free Money Finance give away money, it helps you make money by teaching you how to grow your net worth. The blog has over 5,000 posts on investing and money management. There’s something here for everyone. Here are just a few highlights.

You may notice that most of the articles doesn’t have an author by-line and the About page of Free Money Finance doesn’t have the blog author/owner’s name (other than FMF). This is because many of the case studies used real life numbers of the author and he wants to maintain a certain level of privacy. I can respect that.

Free Money Finance is a great blog to add to your RSS readers. Remember, it’s not how much you make that matters. What matters is how much you keep. FMF will help you keep more of the money you make.

Did you enjoy this post? Get John Chow Dot Com updates via email...

Stay up to date with all of John Chow’s tips for making money online and blog posts by subscribing via email. Your email will be kept private and never shared with anyone.

{ 47 comments }

Hannah April 4, 2008 at 9:04 am

Wow, I’ve been reading FMF for a while now (thanks to The Penny Mine being a related site) and had no idea! That’s amazing!

Terra Andersen April 4, 2008 at 11:28 am

Agreed – that’s wonderful that they donate their money… such a great role model for the rest of us. *=) :mrgreen:

MR. NICE GUY April 5, 2008 at 5:25 am

Yes, this is an amazing site John. Thanks for the great info. Indeed those who share their blessings are also blessed tenfold. Keep on sharing. :lol: :lol: :lol: :lol: :lol: :lol:

investorblogger April 6, 2008 at 7:31 am

Giving to a charity is always good. We live in a tall building here in Taipei. Today an old lady jumped off the 20th floor. Suicide is increasingly common in Taiwan… I’m wondering what I can do to help.
Kenneth

Tyler Ingram April 4, 2008 at 9:07 am

Lol the title is a bit miss leading. Made it sound like John was giving away all his money.

Brilliances April 4, 2008 at 9:10 am

I’m sure that’s what john had intended with a title like that!

kashif April 4, 2008 at 1:32 pm

I was also made to believe that he really is :mrgreen:

whataboutbrazil April 4, 2008 at 9:16 am

“Remember, it’s not how much you make that matters. What matters is how much you keep” .
This sentence express everything I always thought about how to get rich without killing yourself. Use your brain not your muscle.
If strong meant power the donkey will be the king of the jungle

Fitness Site April 4, 2008 at 9:24 am

Thats a huge donation.
Freemoney is doing a good work and such people should get more money in return. :cool:

Simon Lau April 4, 2008 at 9:35 am

Wow 100K in donations, that’s really generous!

Robert April 4, 2008 at 11:44 am

It’s mind-bloggling. That individual has tremendous will power. I guess, however, if he or she follows the points he/she makes on that blog, he/she will be fine financially.

Sava April 4, 2008 at 9:36 am

That’s a great blog and a great ideea.
I asked this on a previous comment … did JohnChow dot com do charity or donations ?

John Chow April 4, 2008 at 10:19 am
Sava April 4, 2008 at 1:28 pm

w0w … nice
I bet you could raise a lot more. We need 1 John Chow here in Romania to :D

FMF April 4, 2008 at 9:45 am

Thanks, John! As always, I appreciate you and this blog.

Terry Tay April 4, 2008 at 6:33 pm

Thank you for being so generous and being a role model for other bloggers FMF. It’s great reading about these types of things. I hope for your continued success and I have no doubt you’ll achieve it.
~Terry

Investing for beginners April 4, 2008 at 6:41 pm

I had no idea that you donated that much either… Great job and good karma!

Internetsalsa April 4, 2008 at 9:49 am

So John!! How much do you keep?

logosamurai April 4, 2008 at 10:09 am

very generous, FMF.

Sha April 4, 2008 at 10:27 am

That was cool of them to donate all that money. And I agree that how much you keep is important. Don’t want to blow it all away now.

Deborah April 4, 2008 at 10:35 am

Thanks for sharing the info on this blog. It’s amazing that they do this and they certainly deserve the recognition!

Deborah
http://www.therhythmofwrite.com

Affiliate Confession April 4, 2008 at 10:45 am

Pretty magnanimous of a blog to give away all of it’s earnings.

Robert April 4, 2008 at 11:35 am

And how much money you keep is directly related to how much you pay in taxes. That’s why starting businesses and investing in real estate are the way to go. You keep more of your return on your investment.

Andos April 4, 2008 at 11:41 am

Praise the Lord, there are many people who want to help others.
Nice review John

bennnyliew.com April 4, 2008 at 12:10 pm

Wow! $100,000 ? That is amazing…!

drt April 4, 2008 at 12:13 pm

This is the type of website that I admire. I like to help but not in that position now. Will visit the site to find out more.

Llama Money April 4, 2008 at 12:26 pm

Kudos John for giving FMF a shout-out. I think what he’s doing is great. Obviously his blog is crazy popular, and bringing in a ton of cash. The fact that he donates every penny is simply amazing, and he deserves to be recognized. Go FMF!

ALN April 4, 2008 at 12:39 pm

WOW is right. I donate on a regular basis. It doesn’t knick the surface compared to FMF, but always do as much as I can without taking food out of my familys mouth. People like them make this world a better place to live in.

The Internet Apprentice April 4, 2008 at 12:42 pm

There’s an idea out there, it pops up in some religions, that you should strive to give away 10% of everything you make. However, aside from doing the obvious good thing and supporting a cause you believe in, that money will be returned to you 10 fold, although not from the person / organization you gave the original money to. It’s literally biblical. I suspect this is one of the reasons for John’s success, and I’m sure the individual who runs this site is rewarded in even more ways then we know of.

- Dave

ALN April 4, 2008 at 12:51 pm

I know the majority of bloggers are in it for the money. Can’t say that I’m not one, but my intensions are similar to FMFs. I just want to be able to provide a form of financial security for individuals that could really benefit.

car345.com April 4, 2008 at 1:09 pm

Awesome. They are so generous, I appreciate their decision to donate all….

Infogle April 4, 2008 at 1:18 pm

Really nice post and yes WOW! 100,000 in donations. Great!

Erik April 4, 2008 at 2:43 pm

Thats awsome! Giving is Recieving

Carl - Thatblogsite.com April 4, 2008 at 2:59 pm

Awesome contributions to charity! Good to see. :smile:

Azrael April 4, 2008 at 3:33 pm

That’s a huge money!

Wade April 4, 2008 at 6:33 pm

Wow, that is really generous! A lot more sites should donate. All these top blog sites that rack in thousands each month.
Shudogg Dot Com

Chetan April 4, 2008 at 8:01 pm

The 301 money saving posts was a nice resource.

Felex nTan April 5, 2008 at 9:15 am

This is amazing,FMF contributes to society and teach us how to make money!FMF ,Salute!

ssmilin April 5, 2008 at 9:17 am

:idea: Hi all, try freerice .com, it’s amazing. FMF amazing too

Xyz April 5, 2008 at 12:54 pm

CAN respect that?
You better freaking do. o_O

Mike Huang April 5, 2008 at 3:14 pm

Maybe Mr. Chow should also donate everything to charity? :P

Just a thought, don’t kill me :(

-Mike

Syed Balkhi April 6, 2008 at 12:36 pm

it is not about how much you donate. .. It is as long as everyone donate it is cool. John does donate alot … he was matching every donation by 2 : 1 ratio.

Syed Balkhi April 6, 2008 at 12:37 pm

FMF is doing a great job by helping out the society. They have a really nice blog with some excellent tutorials.

Melvin J. Richardson April 6, 2008 at 6:05 pm

FMF is really an amazing site with a lot of tips and strategies for investing and making money. I am trying to give out similiar tips and strategies for wealth building on my own blog. Still have a way to go.

Mike April 6, 2008 at 8:42 pm

Well that’s really nice that they are doing that. The only thing I can say is that I blog pro bono, for the public good of course. My blog has zero income.

germz April 7, 2008 at 3:05 pm

wow that’s a ton of money… you should follow their example john :roll:

Liane April 7, 2008 at 11:38 pm

Now that is what generosity really means. And selflessness? Guys running FMF must have been really good people. I’ll give my thumbs up for this one.