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Money Magazine
Old 05-25-2019, 12:06 PM   #1
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Money Magazine

Imagine my surprise when reading the latest issue of Money Magazine that the print editions are ceasing. The current June/July issue is therefore the last one I will hold in my hands. Boo!

I am somewhat upset at this as I recently renewed my subscription until 2021. Looks like all content will now be free (unless I am missing something) online.

Money Magazine was a major factor in my achievement of realizing financial independence. I have recommended it to many people since I started my subscription over 20 years ago.

Anyone else feel the same? Disappointed? Abandoned? OLD? (Hahaha!)
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Old 05-25-2019, 12:10 PM   #2
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Page 4 of current (last) issue...1558807828628.jpg
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Old 05-25-2019, 12:16 PM   #3
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I gave up on Money Magazine in the late 90s when I decided most of the articles were fluff/financial porn.

I never had a subscription (or if I did it was brief), but I would often pick up an issue to read on a plane ride.
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Old 05-25-2019, 12:19 PM   #4
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It's just a changing business model.

They can make more profit from people clicking on their online pages than they can from charging advertisers in the print copies.
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Old 05-25-2019, 12:20 PM   #5
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I hear you, however, I also enjoyed the articles on how to spend money. Pieces on travel, home ownership, best places to retire. Sigh....
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Old 05-25-2019, 12:29 PM   #6
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Hey, then they owe for what I already paid, are they owned by that Mexican Bank ??
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Old 05-25-2019, 12:32 PM   #7
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Originally Posted by DisneyDreamer View Post
Money Magazine was a major factor in my achievement of realizing financial independence. I have recommended it to many people since I started my subscription over 20 years ago.

Anyone else feel the same? Disappointed? Abandoned? OLD? (Hahaha!)
Not exactly abandoned, maybe a little disappointed. Definitely OLD... but still young at heart! I remember eagerly thumbing through Money magazine issues back in my early 30s, right when I was starting to get interested in building wealth and possibly retiring a bit early. I learned a lot about mutual funds and other investment vehicles, so that was helpful, but ultimately I moved on to other sources of info. Money (back at that time, at least) had a few too many articles on things like "the 10 hottest gold funds you should own right now" etc.
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Old 05-25-2019, 12:35 PM   #8
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Money (back at that time, at least) had a few too many articles on things like "the 10 hottest gold funds you should own right now" etc.
That was my experience too. I did have a subscription for a year or two when I was in my late 30's - early 40's but got tired of the "investment of the month" type of articles and let it lapse.
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Old 05-25-2019, 12:44 PM   #9
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This is all very helpful! Thanks! Perhaps I should just take it as a sign that I've made it and need to move on. :-)
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Old 05-25-2019, 01:12 PM   #10
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...are they owned by that Mexican Bank ??
No, Meredith Corporation. AKA Better Homes & Gardens.
More here - https://www.adweek.com/digital/money...-digital-only/
And, more from the WSJ - https://www.wsj.com/articles/how-to-...ia-11558624030
"Executives at Meredith donít see the picture as uniformly grim. While they believe there isnít value in magazines providing news or sports coverage in an online world awash in real-time updates, they see big opportunities in the lifestyle arena, where food, fashion and home content isnít time sensitive, and the styles of famous personalities have unique power."
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Old 05-25-2019, 01:28 PM   #11
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I guess I do not understand this. I am a subscriber like the OP to 2021. What does that give us NOW? How do we let the website know we are subscribers? I looked at subscriptions etc. on the website and cannot seem to find out anything about it. Do we get a refund?
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Old 05-25-2019, 01:30 PM   #12
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No, Meredith Corporation. AKA Better Homes & Gardens.
More here - https://www.adweek.com/digital/money...-digital-only/
And, more from the WSJ - https://www.wsj.com/articles/how-to-...ia-11558624030
"Executives at Meredith donít see the picture as uniformly grim. While they believe there isnít value in magazines providing news or sports coverage in an online world awash in real-time updates, they see big opportunities in the lifestyle arena, where food, fashion and home content isnít time sensitive, and the styles of famous personalities have unique power."
I was actually just griping how people can be caught off guard by some company suddenly doing something not nice to the customer.
Of course my losing out on some months of toilet reading is nothing compared to the loss of bank accounts.
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Old 05-25-2019, 01:33 PM   #13
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It's just a changing business model.

They can make more profit from people clicking on their online pages than they can from charging advertisers in the print copies.
I dunno about that. The magazine is a shadow of its former self in terms of profitability. Online revenues tend to be a small fraction of the revenue that legacy publishing used to enjoy. The move online is likely its path to the elephant's graveyard.
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Old 05-25-2019, 01:41 PM   #14
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What does that give us NOW? How do we let the website know we are subscribers? I looked at subscriptions etc. on the website and cannot seem to find out anything about it. Do we get a refund?
Probably not. I think (but am not certain) that there is some federal law that says when a magazine stops publishing in a printed form then they have to subscribe you to some vaguely related magazine that is still publishing print copies for the equivalent remaining subscription. At least that is what has happened with me in the past.

So you'll probably get subscribed to Better Homes and Gardens because maybe once a year they have a column on financial matters. And then when you don't renew the subscription your great-grandchildren will still be getting postcards letting them know it has expired.
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Old 05-25-2019, 01:43 PM   #15
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I have always enjoyed Money. Not the most sophisticated but generally solid and useful information in my opinion. Kiplingers is similar to me. A few years ago Sports Illustrated changed from weekly to bi-weekly. Life is changing....
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Old 05-25-2019, 01:45 PM   #16
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.... Money Magazine was a major factor in my achievement of realizing financial independence. I have recommended it to many people since I started my subscription over 20 years ago. ....
+1 A big factor in my achievement of financial independence. They advocated no-load, low-cost mutual funds, and particularly index funds, before they were trendy.

Though I have to admit that more recently I prefer Kiplinger's Personal Finance to Money.
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Old 05-25-2019, 01:48 PM   #17
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I dunno about that. The magazine is a shadow of its former self in terms of profitability. Online revenues tend to be a small fraction of the revenue that legacy publishing used to enjoy. The move online is likely its path to the elephant's graveyard.
I agree- the only way to make profits from on-line editions seems to involve so many clickbait headlines ("14 Things you Should Never do as a Tourist in Mexico"), banner ads that start the audio automatically (although I know that can be stopped by changing browser settings) and forcing users to scroll down past multiple ads, or new ads for each of the 40 pages in the article. Too much crap to wade through to get to any real information.

When I was in my 30s I was married to my first husband, a spendthrift, and living in a HCOL area. I couldn't stand Money's cover stories with the smug-looking couples in our age bracket whose house was paid off and who had already fully funded the future educational costs of their children, ages 2 and 4. It was all I could do to max out my 401(k)and keep the house repaired. Now it seems irrelevant for the opposite reason: I'm happily retired and eminently solvent and don't need advice such as, "wait as long as possible to file for SS" and "consider a part-time job in retirement".
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Old 05-25-2019, 01:59 PM   #18
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Probably not. I think (but am not certain) that there is some federal law that says when a magazine stops publishing in a printed form then they have to subscribe you to some vaguely related magazine that is still publishing print copies for the equivalent remaining subscription. At least that is what has happened with me in the past.

So you'll probably get subscribed to Better Homes and Gardens because maybe once a year they have a column on financial matters. And then when you don't renew the subscription your great-grandchildren will still be getting postcards letting them know it has expired.
That is too easy. I think they are just getting back at me for all those years I made a monthly trip to "Border Books" or some other book store just to read all the magazines I was interested in. The subscription I have recently was done with DW's airline points so we are not out that much. I have been reading MM for basically the cost of a cup of coffee for over 20 years I am sure.
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Old 05-25-2019, 03:11 PM   #19
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I used to enjoy the magazine but I haven't subscribed for a couple of decades. I guess I'm not the only one.
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Old 05-25-2019, 03:16 PM   #20
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My father had a subscription, so used to enjoy reading it.
Now I read Kiplinger's more frequently.
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