It was announced this past week that the Department of the Treasury will be issuing a new redesigned $100 note on February 10, 2011. It has been overhauled and has been updated to include a ton of new features to help thwart counterfeiters. Over a decade of research and development went into its new security […]
Archives for 2010
Ten Things You Should Know About Taking Early Distributions From Your Retirement Plan
During tough times like these a lot of people are running into situations where they may h ave to take an early distribution from their retirement plan to help pay for bills, a home mortgage or some other expense. While it’s not typically something you should probably do, in some cases it’s unavoidable. Today I […]
How To Mitigate Retirement Investment Risk
I recently received a financial advertisement in the mail that mentioned some retirement investment risks I thought were pretty good to keep in mind. Along with each were some practical tips in mitigating the risks, or ways to make them less severe. Before discussing a few of these risks, lets first look at the nature […]
Should You Use A Roth IRA For College Savings?
Most of us have heard of 529 plans, but have you thought about using your Roth IRA for college funding? Here are the pros and cons.
Where Is All My Money Going?!?!
At some point in our lives I think we ask this question. Where did all of our money go? What in the world could we have spent it on? We should have plenty left over at the end of the month! Discovering the root of overspending can be a difficult endeavor. After all, we’re busy […]
7 Lies About Money That Can Kill Your Financial Future
Over the past few years through writing for this blog and helping to facilitate Dave Ramsey‘s Financial Peace University class I’ve heard a lot of misconceptions that people have about money. These are beliefs and ideas about money that people hold deep in their psyche that tell them how they should approach money. They help […]
Do You Really Have To Sacrifice To Get Out Of Debt?
In my experience, people who get out of debt do so primarily through hard work, sacrifice, and persistence. In fact, I think the road to the debt free life is built by the hands of sacrifice. Why Must You Sacrifice To Get Out of Debt? Since sacrifice involves giving up something, I’m going to say […]
Should You Convert Non-Deductible IRA Contributions To A Roth IRA?
Oh what a great year for debate on Roth IRA’s and Roth IRA Conversions! Roth IRAs are a great tool for building up retirement savings, but some things have changed for conversions. 2010 has ushered in some new Roth IRA rules -here’s what you need to know about the 2010 Roth conversions. I recently received […]
Bundling Internet, TV and Phone: Is It Worth It?
Most people have heard about the option of bundling such services as TV, phone and internet together under one provider to save money each month. There are even websites dedicated to helping you find a bundled package in your area. Bundling has been an increasingly new way to find savings on such services and ways […]
First Quarter Estimated Tax Payment Is Due On April 15th. Make Your Payment Now!
Tax day is creeping up on us again. Most people are in the middle of filing their 2009 tax returns, however, if you have self employment income you’ll also be needing to send in your taxes for your 1st quarter estimated tax payment. Thankfully I just completed my 2009 taxes earlier this week, and made […]
Financial Stewardship: The Forgotten Component
Most of us Christian personal finance bloggers will often remind you have the importance of good financial stewardship. Most readers know that financial stewardship requires knowing God is the owner of all things, including money. God requires us to manage resources wisely for His Godly purpose for our lives. Forgotten Component Of Financial Stewardship But […]
How To Deal With Your Creditors. David Style!
By applying these 5 principals to my life I was able to deal with my creditors, similar to how David dealt with Goliath. Here’s how to be victorious as well
Lending Club Offers Good Returns If You Invest Wisely
Getting a good return with your Lending Club account is possible as long as you properly vet the people you borrow to, you diversify your investments, and you cut your losses by selling your notes when a hint of trouble arises.
How To Find The Best Value Cars
I recently received the new Consumer Reports Top 2010 cars edition. This annual review provides a number of interesting car analyses covering ratings, reliability, value and performance (as mentioned in the title). While the top picks and best and worst cars sections are certainly interesting, I was much more attracted to the best values of […]
