Since taking Dave Ramsey’s Financial Peace University I’ve been convicted of the fact that I need to have a life insurance policy. During the class they share the story of one young father who after taking FPU bought a term life insurance policy. A few weeks later he was found to have terminal brain cancer. […]
Archives for February 2010
What Documentation Do I Need To Claim The First-Time Homebuyer Tax Credit
If you’re planning on claiming the First-Time Homebuyer Tax Credit on your 2009 tax return you’re going to have to provide some extra documentation when filing. Not sure what documents you’re required to include? The IRS has provided some guidance on the topic. Required Documentation For The Homebuyer Tax Credit The IRS includes these tips […]
Vote For Bible Money Matters In The Plutus Awards
Within the past couple of days I was notified that Bible Money Matters was nominated and was one of the finalists in the “Best Religious Finance Blog” category of the Plutus Awards. I’m humbled and gratified that someone enjoyed the site enough to nominate us. Before we get too far though, we should clarify – […]
New Credit Card Rules Take Effect: CARD Act Of 2009
Credit Card Accountability, Responsibility and Disclosure Act (CARD) of 2009 On May 22nd, 2009 Barack Obama signed new legislation into law called the Credit Card Accountability, Responsibility and Disclosure Act of 2009 (Credit CARD Act). The law was supposed to force credit card companies to become more transparent with their fees, interest rates and other […]
Improve Marriage And Money Problems By Setting Spending Limits
It’s quite customary for consumers who are making big purchases to set spending limits. As an example, a couple might say, “I think it is time to buy a new car.” Once they have decided to purchase another car, they will then ask, “How much should we spend?” A great question. They’ll either talk about […]
Announcement: Blueprint For How To Make Money With A Blog E-book Is Now Available!
Last month I wrote a series of posts on this blog about how I had turned my blog into a nice secondary source of income for my family. I discussed all the things that I have done over the past 2 years in order to take a small unheard of blog, and turn it into […]
Need Tax Forms? Here Are Five Ways To Obtain Your IRS Tax Forms
Where Can I Find My Tax Forms? By now you should have received all of your important tax reporting forms – your W-2, your 1099s, interest reporting forms and the like. The time for actually filing taxes is here, and if you’re filing your taxes by hand (I don’t do this anymore), the IRS has […]
How Much To Save For Retirement
I recently received an email from my company’s 401k plan manager asking me the question: “have you got enough cushion?” In other words, they were asking, based on the amount of money I’m contributing to retirement today, if it will be enough? Further into the note, their suggestion was to save as much as I […]
Would You Pass the ‘Rich Young Ruler’ Test?
This is an article from Lakita at Personal Finance Journey. You can read more of her great writing at her site, or by subscribing to her RSS feed. The Bible records an encounter Jesus had with a man identified only as a “Rich Young Ruler”. This man realized that in spite of all he had…he […]
Top 10 Tax Credits To Take Advantage Of
This is an article from PT over at PTMoney.com. Head on over to his site and to get his 52 Ways To Make Extra Money e-book. It’s that time of year again. Time to file your taxes. Whether you do it yourself, or you hand things over to a CPA, it’s good to be familiar […]
File Your Taxes This Weekend To Get A 70% Discount Off H&R Block At Home (AKA – TaxCut)
Starting today, and going through the weekend (February 14th) H&R Block is giving a big Valentine’s weekend discount to users of their software H&R Block At Home (formerly TaxCut). H&R Block At Home will have discounts of up to 70% off the regular prices for the company’s online do-it-yourself tax filing software. Here’s how it […]
How to Go On A Financial Diet
This article was written by Go Banking Rates, bringing you the best interest rates on financial services nationwide, as well as informative content and helpful tools. Spending has a lot in common with eating: both are about consumption, both require money, and too much of either can lead to serious problems. While the problems manifest […]
6 Advantages Of Automatic Saving And Investing
What The Government Can Teach You About Personal Finances When it comes to the government and money there are a lot of diverse opinions. No matter what you think about the government’s fiscal responsibility, one thing is for certain. Many Americans could learn at least one lesson from the government that will transform their personal […]
Questions About The New Car Sales Tax Deduction Answered
I have been getting a lot of questions lately about the new car sales tax deduction that people can claim for cars bought in 2009. A lot of people are getting ready to do their taxes, and they’re wondering if they qualify for the tax deduction. In the interest of answering some of the most […]