Economy | Bible Money Matters

Cash For Clunkers Program Suspended After Only A Few Days. Here Is Why

July 31, 2009

The Cash For Clunkers program has only been active since last Friday, but word is now leaking out that the CARS program will be halted at midnight on Thursday July 30th, less than a week after it launched. The problem? There are fears that the program may have already run out of money. The program [...]

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Cash For Clunkers Voucher Program Is Now Available. Things To Keep In Mind When Trading In Your Gas Guzzler.

July 29, 2009

Clunkers For Cash Active As Of July 1st The Cash For Clunkers program has been active as of July 1st, and if you have an eligible car, you can now take advantage of the program. As a quick refresher, what vehicles are eligible for $3500-4500 voucher? Must be in drivable condition. (That means you can’t [...]

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Cash For Clunkers Rebate Program Might Save You Money On Your Next New Car Purchase. But Is It A Good Idea?

June 24, 2009

Rebates, Tax Credits And Stimulating The Economy The Obama administration has been giving us all sorts of stimulus packages this year that aim to stimulate spending in troubled sectors of our economy, and jumpstart consumer spending. First we had the tax incentives for new car purchases, and then the $8000 tax credit for first time [...]

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New Legislation Will Bring Changes To The Credit Card Industry

May 29, 2009

If you’ve been reading this blog for any period of time, you probably know that I’m not a huge fan of credit cards. As a Dave Ramsey fan and facilitator for his Financial Peace University class, you’d probably understand why. In general I think that using debt and credit are just poor ways to get [...]

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If You Were Strapped For Cash, How Far Would You Go To Make Money?

May 13, 2009

Times Are Tough, And So Is Finding A New Job We’re living in a down economy and thousands of people have lost their jobs. Budgets are tight! A lot of people are struggling to make ends meet, and they’re having to find new ways to make money. While listening to the radio this morning on [...]

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In The Event Of An Emergency Series: Planning Ahead For Life’s Emergencies

April 27, 2009

The “In The Event Of An Emergency” series is devoted to the topic of planning ahead for life’s little (and big) emergencies that we all know will come our way. The series covered topics ranging from making sure you have insurance coverage and an emergency fund, to making sure your family is provided for in case the worst case scenario happens.

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Government Making Home Affordable Refinance And Loan Modification Program: Do I Qualify?

April 9, 2009

The last few days I’ve been hearing an awful lot about the Government’s new “Making Home Affordable” program, which has been set up to help people refinance existing mortgages, or do a loan modification to help them to stay in their house. The government’s website explains what the program is meant to do: Making Home [...]

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Are You Participating In All The Doom And Gloom? Don’t! Have Hope.

March 27, 2009

Ever since last September our (or arguably before then) our economy has been in a downturn. Big companies, small lenders and consumers all engaged in irresponsible behaviors that resulted in the failure of businesses, and necessitated the bailouts of many others. People are being laid off left and right, and things are extremely tight! So [...]

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When Will We See An Increase In Our Paychecks Due To The Stimulus Package?

March 26, 2009

photo credit: kozumel A few weeks ago the American Recovery and Reinvestment Act of 2009 was passed. Since it was passed we have talked about quite a few of the benefits including home buyer tax credits, sales tax credits for new car buyers, and a post about overall stimulus package benefits. Today I thought we [...]

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New Economic Stimulus And Transportation Accounts

March 10, 2009

This is a guest post from our good friends over at http://www.freefrombroke.com. Free From Broke is a great site with tons of great content about saving money and keeping you free from broke! Check out the site and subscribe to the RSS feed! Does your employer offer a Transportation Spending Account? photo credit: *Solar ikon* [...]

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Stop Worrying About The Things You Can’t Affect, And Work On Those You Can

February 27, 2009

photo credit: spaceodissey When you watch the news these days, there really isn’t much to get excited about. The markets are down, our deficit is going up, and the spending seems to be out of control. There’s enough bad news for everyone to get upset and worried 24 hours a day if they want to. [...]

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How Much Extra Will I See In My Paycheck Because Of The 2009 Economic Stimulus Package?

February 24, 2009

photo credit: katmere What Benefits Will I See From The Stimulus Bill? The last week or so I’ve been looking at the 2009 Economic Stimulus bill that was passed, and talking a little more in depth about what some of the benefits are that people can expect to receive. We talked about home buyer tax [...]

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Sales Tax Deductions For New Car Buyers in 2009 Obama Economic Stimulus Package

February 21, 2009

Buy A New Automobile, Get A Deduction! Earlier this year President Obama signed into law the economic stimulus package. I posted about how individual taxpayers are affected by the stimulus bill, and looked at some of the things they can expect to receive. One of the things added to the bill was a temporary provision [...]

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Video: The Crisis Of Credit Visualized

February 20, 2009

The current economic downturn that we’re experiencing can be quite overwhelming at times. It’s tough to understand, and when people try to explain, it’s easy to get lost in all the details. I found a video online that does a good job of looking at the current credit and housing crunch, and explaining how it [...]

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