College Is Expensive. Who Should Pay? A lot of our married friends have been having kids lately, and as a result some of them have started saving for their kid’s future college education. I think it is admirable to be planning ahead, and ensuring that your children get an education. But my question is this: […]
The Budget Goes Out The Window!
I have a confession to make. Now that we’re finally out of debt (except the mortgage), my wife and I decided to celebrate and go out shopping. We both got the urge to just drop our budget and go spend crazy for just one day, so we each took one of the credit cards and […]
I Have A Dollar
Read today over at Pilgrim Scribblings: So let each one give as he purposes in his heart, not grudgingly or of necessity; for God loves a cheerful giver. – 2 Corinthians 9:7 A Sunday school teacher asked her eight eager ten-year-olds if they would give $1,000,000 to the missionaries. “YES!” they all screamed. “Would you […]
Insurance: Save Money By Comparing Rates
This past January I learned a costly lesson when it comes to insurance rates. There are dangers to not continually checking your rates to make sure you’re getting the best possible deal. I found that out the hard way. Using My Parents Insurance Agent I had been with the same insurance company for the past […]
Useful Money Tricks
I was over at MSN Money today reading some “money hacks”, and I thought several of them were quite useful. I thought I’d share some of them here with you, and maybe even add a couple of my own. So without further ado, here are some money hacks from MSN that you can make use […]
A Recession? You Bet – But It’ll Probably Be Short And Mild
As we get further into 2008, and the financial woes from the credit crunch and the housing bust start to loom a bit bigger, most people are finally beginning to accept the fact that we are headed into a recession. The disagreement comes when you start talking about how long the recession is going to […]
What God Says About Your Money
Here’s an interesting article found on MSNMoney.com giving a brief overview about what the world’s great religions teach about money. when it comes to money, the picture is cloudier. What does the Bible or the Koran actually say about money? Does God want us to own a fleet of yachts? Or does he (or she) […]
Family and Money: Do You Share Your Financial Situation With Family?
In reading a post today over at Prime Time Money, I began to think about this question; “Do you talk to your extended family about money? Is it a good thing to share your financial situation with others, and if you do, what complications does it bring up? My wife and I have been very […]
Foreclosure Crisis: Is It Really All That Bad?
For the last few months all we’ve been hearing about are the rising issues in the sub-prime market, and how people’s homes have been foreclosed on left and right. From watching the news you would think that just about everyone has lost their home by now. They make it seem like only the wealthy can […]
Can You Stop A Money Train Wreck?
I found an interesting article today over at MSN titled, “Can you stop a money train wreck?“. The article talks about what to do when you see a loved one’s financial disaster coming and he or she doesn’t. I have seen several friends who are not good with money, they seem to continue getting in […]
Bible Verse Of The Day: Protection
Fear not; for I am with you. Be not dismayed; for I am your God. I will strengthen you; yea, I will help you; yea, I will uphold you with the right hand of My righteousness. Isaiah 41:10
My Dumbest Purchase Ever
Over at Debt Kid he’s running a contest right now with a grand prize of his almost new DS-Lite! What do you have to do to win? Just write a blog post about your dumbest purchase ever, and trackback to his blog. I thought I’d give it a shot. I recently wrote about my 5 […]
To Roth Or Not To Roth 401(k)
Here’s an interesting article talking about the pros and cons of a Roth 401(k) from Walter Updegrave of Money Magazine. Some of the highlights: Let’s start with one basic but often misunderstood fact. Although they’re effectively mirror images of each other -with a regular 401(k) you invest pre-tax dollars and pay taxes at withdrawal, while […]
How To Tell Whether Now Is The Time To Refinance
We’ve been looking at refinancing our mortgage lately. While in that process I came across an article on MSNBC.com talking about who should consider looking at refinancing right now. They looked at a variety of factors, but said that you should consider refinancing if: You have a fixed or adjustable mortgage with an interest rate […]