Working for a purpose not a payment

It’s no secret that I am a big Dave Ramsey fan. Following the baby steps Dave promotes allowed us to finally pay off all of our debts except our mortgage (still working on that one) a few years ago. It was a life changing experience, especially since I was laid off from my job of […]

An important financial lesson from the racing world

While I am not a huge racing junky, I do enjoy watching an occasional NASCAR or Indy car race. This weekend many of us will take some time to watch drivers traveling almost 230 MPH make their way around the Indianapolis Motor Speedway for the Indy 500. It is a Memorial Day tradition. The skill […]

21 financial quotes from our past Presidents

In honor of President’s Day which we celebrate this week in America, here are 21 quotes from some of our former Presidents, on money, debt, work, and success. All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as […]

Why our New Year’s Resolutions often fail and what to do about it

The end of an old year and the start of a new year just naturally leads us to be a little more reflective. That’s why so many of us make New Year’s Resolutions. We look back at the past year. Determine areas of our lives that we wish were better and resolve to change in […]

4 reasons we overspend at Christmas and what you can do about it

I suspect if you ask most people if they didn’t list Christmas as their favorite holiday, it would probably at least rank in the top 3. Yet so often we overspend at Christmas which can be a real killer for our budgets. Too often we get caught up in the emotions of the moment and […]

Should I cash out my retirement account to pay off my debt?

When people start to realize their debt is a problem, one option that often comes to mind is whether to cash out a retirement account in order to pay off the debt. This can seem like a tempting quick fix. Let’s face it. Paying off debt is hard. It takes discipline and sacrifice. If I have […]

A better way to spend your next raise

Several years ago I was leasing an SUV, but I had also entered a season of life where it was necessary for me to drive quite a few miles. I knew that I was probably going to kill my allowed mileage. (One of many reasons why leasing is a bad idea, you don’t know what […]

5 questions you need to answer before loaning money to a family member

Many of us at one time or another have been asked by a friend or a family member if they can borrow some money. This can put us in a difficult situation. We want to help, but we have heard the stories of loans gone bad. What to do? Do you understand how it will […]

The 6 assumptions of the debt mentality

In his book Money, Possessions, and Eternity, Randy Alcorn talks about the “debt mentality”. He says the problem with the use of debt as it is done so pervasively in our current society is that it is really based on 6 key assumptions: We need more than God has given us. God doesn’t know best […]

12 steps to take in honor of Financial Wellness month

I just heard this past week that January was Financial Wellness month. That’s not surprising since this is the month of New Year’s Resolutions. While January may be nearly over, this is still a good time to consider your overall financial well-being. Dust off the budget Are you doing a regular monthly budget that is […]