When most parents find out they are expecting there is usually a period (sometime long and sometimes short) when the parents feel a sense of shock. They look at their lives and know there is going to be a lot of changes. In our post today we are going to look at the financial changes […]
It’s Morphin’ Time: Transform Your Financial Life
You may recall a popular children’s television show several years ago that was called “The Mighty Morphin’ Power Rangers.” The characters were unique in that they were average, ordinary people, but when they came together they would morph or transform into new form with special powers to fight off evil forces. In the book The […]
Seven New Years Financial Resolutions For 2010
This is an article from the National Endowment for Financial Education (NEFE), a non-profit dedicated to improving the financial literacy of all Americans. NEFE operates the site Smart About Money. Follow NEFE on Twitter at @nefe_org The new year is coming, and with it come the resolutions. Here are a few resolutions that you might […]
Do You Have Financial Purpose Or Do You Just Manage Your Money?
Steven Covey makes an important distinction between leaders and managers. Leaders are those who have vision and direction. Managers simply master the art of doing ‘it’ better and more efficiently. Covey offers the following illustration: The managers are those who are finding better swinging movements to cut more branches with less effort while the leader […]
Preparing For Difficult Times: When The Money Manager Is Unable To Perform Responsibilities
As the family money manager, I have an important responsibility which I never considered before last week. It’s a responsibility to insure my wife knows how to get access to all of our financial information and important documents immediately, if something ever happened to me. This is a serious topic many people don’t want to […]
Saving Up And Paying Cash For The Things You Buy Makes The Purchase More Enjoyable!
My wife and I have been out of debt except for our mortgage for a couple of years now. I can still remember paying off that last debt, my student loan, and how good it felt. It was like a weight had been lifted off of my shoulders, and we were now free. I can’t […]
Setting Up A Good Financial Plan Can Help You To Weather Any Storm
The last few days we’ve been talking about how you can prepare yourself for emergencies, both big and small. We looked at what you should put in a safe deposit box. We discussed making “What If I Die” spreadsheet, putting all of your important information in one place in case you pass on, or become […]
What If I Die? Make Sure Your Family Has All Your Important Information In One Place
Today is day two in “In Event Of An Emergency” week here at Bible Money Matters. The posts this week are looking at ways you can plan ahead for unforeseen emergencies, tragedies or hard times. Yesterday we looked at how you can make sure that all your important documents are safe by having a fire […]
Why You Should Save 3 To 12 Months Of Expenses In Emergency Savings
The large emergency fund or contingency fund is an important part of a good financial plan. Here’s why you should save 3-12 months of expenses.
I Made A Stupid Money Mistake This Week
Well, if you thought us personal finance bloggers had it all together and never made silly money mistakes, this week I decided to prove you wrong. BIG TIME. The Setup I had a busy week last week, and to top it all off, my wife was sick. When I wasn’t at work I was at […]