If you like what you read, then subscribe to our feed! No, we’re not talking about weapons of mass destruction, but with this method, you can absolutely destroy your debt! What is the WMD Savings Method? It is an acronym that means the Well, the Mule, and the Distributor. Each of these are symbolic pieces … Read more
In part 5, we learned about discontentment and how it can be a driving force to destroy our financial lives or a driving force to make it better. Now onto Part 6! What Are Your Priorities? How do you prioritize your money? Often, we don’t think about how we prioritize our money, and our management … Read more
In part 4, we learned about our extra money and what we do with it. Many may have thought that they didn’t have much extra, but we learned contrary. Now onto Part 5! A Question About Trouble What gets us into the most financial trouble? Many answers may go through your head, but Andy points … Read more
In part 3, we learned about debt and the control it exhibits over our lives. If you wanted to donate to a charity, but you had a Visa bill due, which would you give your money to first? Maybe if you have a little extra left over, you might consider donating to the charity, but … Read more
In part 2, we learned that we need to honor God in everything we do which includes 100% of our finances. The ironic thing about doing that is it will then help us. The bible has a lot to say about money. In fact, a quick search through the NIV translation on BibleGateway.com yielded 113 … Read more
In part 1 of this series, we discussed the 3 laws of balance in your finances. Andy Stanley says that these laws are: Have a reference point Make constant corrections And have a clear objective For “have a reference point” Andy states that this means you need a system to track where your money is … Read more
We are going to begin a series based off of a very popular sermon by Pastor Andy Stanley of North Point Ministries called “Balanced.” I know some readers don’t consider themselves Christian, but believe me, you will benefit greatly from this series. I was a non-believer for a long time, but I still found a … Read more
I live about 30 miles north of where I work. The other day, I was on my way home from work and I noticed something interesting: I actually have to drive South about 1/4 mile before I can start heading North to my home. This made me think of some different decisions that we face. … Read more
This will probably be a surprise to one of our consistent readers and commentors, but I wanted to highlight an excellent contribution from the Save Green Team. On our post “Income Diversity” we received an interesting comment from our friend over at Save Green Going Green and thought that we should expand upon it more … Read more
One of our first articles was about diversified income streams. If you’re not sure what that means, then here’s a quick run down. Have you ever heard the phrase “don’t place all of your eggs in one basket?” People try to avoid this all the time, except with their income. Too many people depend on … Read more
What’s Your Expiration Date? The other day, I randomly decided to read some Dilbert cartoons. As I was browsing, I came upon this one, and I was impressed with the terse, yet honest, message. When we choose a career field, we are obviously presented with many options, but one of those is our expiration date. Some … Read more
If you like what you read, then subscribe to our feed! Please Note: Less insurance isn’t always a good thing. Often, it can be terrible. It is up to you to do the math and figure out what your insurance needs are. If you are ever in doubt, then more coverage is better than less! … Read more
Yes, I know it is a little late in the season to be discussing this, but there are still many out there who have yet to do their Christmas shopping. Christmas is a big stumbling block for many because it is so easy to spend a large sum of money very quickly. I’m going to … Read more
If you like what you read, then subscribe to our feed! In this article from the Washington Post, a phrase jumped out at me. The phrase is “…was a good employee.” To me, those 4 words alone say many things. I’ve been seeing phrases like this a lot because of the current economic climate, … Read more
If you like what you read, then subscribe to our feed! We all have areas in our finances where we can improve. Identifying these areas is an important way to keep your finances on track and maximize your current income. If you can bring yourself to do it every couple of months, then you’re on … Read more
About 3 weeks ago, we wrote an article about the Kardashians’ latest business endeavor money-making gimmick: The Kardashian Kard. It was a prepaid debit card with so many fees attached to it that you’d be broke before you could stand in the nearest check-out lane. It’s kind of ironic that they have a television show … Read more
Best Buy, check; Wal-Mart, check; Target, check; Maybe I should hire some people to hold my place in line, or I could just purchase the vouchers that get handed out for free. In fact, I’m going to cancel thanksgiving dinner, pitch a tent in front of a store right now (like this family), and be … Read more
If you like what you read, then subscribe to our feed! Last time, we posted some self-reflection questions for you to think about. Now, we’re addressing the first question: do you have goals? I think that everyone has some sort of goal, but without explicitly defining the goals and organizing the plan of attack, I … Read more
We’ve all experienced the heart pounding, butterflies in the stomach, “I couldn’t have” feelings of paying a bill and realizing that you might not have enough money in the account. Or, maybe you have had a car problem, or unexpected hospital visit and realized that you don’t have enough in savings to cover it. These … Read more
Today we are going to discuss some of the mathematics behind paying extra towards your mortgage early on. Here are the assumptions: Mortgage Amount: $150,000 Mortgage % Rate: 5% – Fixed Mortgage Term: 30 Years No prepayment penalty That last one is important. Few mortgages have prepayment penalties, but always double-check. Additionally, there are a … Read more
You’ve read the stories, and maybe you’ve even experienced the rapid depreciation that new cars get once they are driven off the lot. Many people wonder why their cars depreciate so quickly at first, and we’re going to address some of the reasons below. Additionally, at the end of this article, we also discuss typical depreciation. … Read more