“The wicked borroweth, and payeth not again: but the righteous showeth mercy, and giveth.” Psalm 37:21 One principle that is important in the area of personal finance is integrity, and making sure that when you borrow money, you’re paying it back. The reasons that people will find themselves in debt vary, and it isn’t always […]
How To Make a Million Dollars
This month in Kiplinger Personal Finance magazine they have an article talking about how much you need to save at any age to become a millionaire when you retire. They look at the ages 25, 35, 45 and 55. They make certain assumptions at each age about how much you’ve already saved, so their article […]
Personal Finance Bible Verse of the Day: Give to the poor
He who gives to the poor will never want, but he who shuts his eyes will have many curses. Proverbs 28:27 It is so important for us as Christians to give to those in need. It is so easy for us, living in such a wealthy country, to just shut our eyes, and ignore all […]
Personal Finance Bible Verse of the Day: Deal Generously
It is well with the man who deals generously and lends, who conducts his affairs with justice. Psalm 112:5 This verse talks about how those who conduct their affairs with integrity and righteousness, things will go well for them. It is important to be generous and just with what God has given us, and when […]
Credit Card Rewards – Are They Really Worth It?
These last few weeks I’ve been thinking a lot about our credit cards, and whether or not we should just close the rest of our credit accounts. My philosophy is becoming more and more anti-debt, and the idea of going credit card free is appealing, albeit a bit scary. It’s becoming less scary as we […]
Personal Finance Bible Verse of the Day: Be content with your wages
Some soldiers were questioning him, saying, “And what about us, what shall we do?” And he said to them, “Do not take money from anyone by force, or accuse anyone falsely, and be content with your wages.” Luke 3:14 This verse speaks to me about how we need to have integrity in our financial dealings, […]
Personal Finance Bible Verse of the Day: Don’t Fix Your Hope on Riches
Instruct those who are rich in this present world not to be conceited or to fix their hope on the uncertainty of riches, but on God, who richly supplies us with all things to enjoy. Instruct them to do good, to be rich in good works, to be generous and ready to share, storing up […]
Dave Ramsey’s Financial Peace University: Week 5 – Credit Sharks In Suits
Last Week – Dumping Debt Last week was week 4 in Dave Ramsey’s “Financial Peace University“. The lesson for week 4 was another good one, this time focusing on dumping all of your debt using the debt snowball! A few of the important points about how to dump your debt: Quit borrowing more money. Don’t […]
Dave Ramsey’s Financial Peace University: Week 4 – Dumping Debt
In Review – Last Week Last week was our third week in Dave Ramsey’s “Financial Peace University“. The lesson for the week focused on cash flow planning, and was one of the more intense lessons we’ve had as it went deep into putting together a budget, and the reasons for doing so. A few of […]
Personal Finance Bible Verse of the Day: Needs
And my God will supply all your needs according to His riches in glory in Christ Jesus. Philippians 4:19 Whenever I’m feeling uneasy about having enough money in the budget, or worried about making ends meet when unexpected bills pop up, I just remember that God never gives us more than we can handle, and […]
Personal Finance Bible Verse of the Day: Haste Leads to Poverty
The plans of the diligent lead to profit as surely as haste leads to poverty. A fortune made by a lying tongue is a fleeting vapor and a deadly snare. Proverbs 21:5-6 Another verse today about being diligent and hard working. When you work hard at something, and make plans for the future, it will […]
Reaching The Tipping Point
My good buddy Glen from freefrombroke, asks this question on his blog: What is your personal finance tipping point? I see there being two tipping points in one’s personal finance. The first is when you finally admit to yourself how bad your finances are and you resolve to do something about it… The second is that […]
Personal Finance Bible Verse of the Day: Estimating the Cost
For which of you, intending to build a tower, does not sit down first and count the cost, whether he may have enough to finish it; lest perhaps, after he has laid the foundation and is not able to finish, all those seeing begin to mock him, saying, This man began to build and was […]
Dave Ramsey’s Financial Peace University: Week 3 – Cash Flow Planning
In Review – Last Week Last week I talked about our second week in class for the Dave Ramsey’s “Financial Peace University” seminar that we’re attending. In that post we talked about how men and women, nerds and free spirits all relate differently to money. A few of the important points: Men and women think […]
