I am in the middle of looking for a new (used) car right now, and was looking for advice on the Dave Ramsey site in regards to buying a used car. I thought some of the information might be helpful to all of you out there, so I thought I’d share it here. Text below […]
What Would People Do With A Stimulus Check? Reader Responses
On a recent post discussing a possible second stimulus check, I asked my readers this question: If a second stimulus package does materialize this fall, what will you do with your check? Will you: Spend it (like they want you to)? Save it Use it to pay down debt? Donate the money? Let us know […]
Personal Finance Bible Verse of the Day: What You Have
Keep your life free from the love of money, and be content with what you have. Hebrews 13:5 This verse is even more important when we’re going through tough economic times as we are today. People are worried about being able to pay rent, wondering if they’ll have enough for Christmas presents and trying to […]
Bush, Bernanke Support A New Stimulus Package
I thought that talks of a second stimulus check for Americans had been tabled due to recent economic woes, but today I read that once again another stimulus check is being considered. Here’s what they’re saying: Momentum is building for a fresh dose of economic stimulants to boost the country out of the doldrums — […]
Dave Ramsey’s Financial Peace University™ – Program Review
I would recommend The Financial Peace University™ class put out by Dave Ramsey to just about anyone who is interested in getting their finances under control.
Personal Finance Bible Verse of the Day: I Am Ready
For I have learned to be content, whatever the circumstances may be. I know now how to live when things are difficult and I know how to live when things are prosperous. In general and in particular I have learned the secret of eating well or going hungry of facing either plenty of poverty. I […]
7 Things You Shouldn’t Do In An Economic Crisis
Our economy is in a downturn, investments are tanking, and every day the market reaches new lows. It can be hard to stay focused through it all and not panic. Unfortunately it seems like most investors in the market HAVE panicked already, and their fear is self-fulfilling. They’re afraid the market will tank, so when […]
Dow Jumps 938 As Governments Pledge Bank Aid
credit: Zesmerelda The DOW had a better day posting a record gain of 938 points: Wall Street has stormed back from last week’s devastating losses, sending the Dow Jones industrials soaring a nearly inconceivable 938 points after major governments’ plans to support the global banking system reassured distraught investors. The Dow by far outstripped its […]
Question: What’s The Best Financial Advice You’ve Received?
credit: laughlin Tagged! Over at freefrombroke.com I was tagged yesterday to answer the following question: What’s the best financial advice you ever received? That’s a tough question, and I’m not sure how to answer it. I guess I really can’t remember ever receiving any amazing financial advice from my parents, or those around me. […]
Losing Money In Your 401k? 6 More Ways To Make Some Extra Money!
401k balance dropping? Create some new income! Right now the markets are struggling. There is no doubt about that. 401k balances are dropping, investment accounts are taking a hit, and there isn’t an end in sight. So what can you do instead of just wringing your hands and hoping for someone to bail YOU out? […]
Is Your 401k Losing Money? DON’T PANIC!!!
With the economy in the middle of a giant plunge, it is getting harder and harder not to feel a little panicked when you watch your 401k balance drop by $10-20,000 or more. In the last 6 months my wife and I have watched our 401k do just that. A poll on CNN Money says […]
Wall Street Makes Early Gains On Hearing Fed Plan to Buy Debt
credit: Ross C. The fed made a move today to help unclog the credit markets, and the stock market has shown some early gains, moving back over 10,000 to start the day: Wall Street is moderately higher in early trading, with investors encouraged by a Federal Reserve plan to buy massive amounts of short-term debt […]
During Hard Times: The Only Solid Reality Is The Word Of God
This morning, the week after the bailout package passed, the DOW dropped below 10,000 for the first time in quite a while. Sounds like the worst is yet to come, and the promise of the bailout package wasn’t enough to stabilize global markets, at least not right away. I’m not Catholic, but I had to […]
House Passes $700 Billion Bailout Bill
After going down to defeat earlier in the week in the House, the second version of the bailout bill was passed today without a problem: The House of Representatives passed a sweeping, $700 billion economic rescue package after reconsidering the measure it failed to green-light earlier this week. The vote was 263 to 171, […]
