Category: Debt

the bible and money 0

What Does the Bible Say about Money and Debt?

God has Much to Tell Us About Life and Money in His Word – the Bible. The Bible has a lot to say about money. Actually, the Bible has a lot to say about life in general. In the interest of full disclosure, my wife and I are born-again Christ followers, and we try to pattern our lives as close...

debt is a burden 1

Debt is the Burden You don’t Even Realize You Have.

This post was originally published on Rockstar Finance as a part of a “Money Matchup”. You can read this post as well as the other side of the debate here. But if you only care what I think ;-), you can read my side of the matchup here. . . . Debt: The Burden and Lifestyle of the Middle Class...

buying a new car is financial suicide 0

Why Buying a New Car is Financial Suicide

Don’t Kid Yourself. Your New Car is Costing You More than You Think! I’ve previously written several articles about cars and the financial ramifications that come with buying one new or used. Check out these articles first . . . if you haven’t already read them. Car costs are impeding your ability to invest for retirement. With just your car...

too much house will make you house poor 0

Buying Too Much House Will Make You House Poor!

Can You Be House Poor Without Realizing It? You know all about the “American dream”? A nice house with a nice, modest yard surrounded by a nice, white picket fence. There’s a lot of “nice” in there. It doesn’t always work out that way though does it? Chasing that dream causes some to overextend themselves, and they unintentionally become house...

thoughts on financial leverage 0

Financial Leverage: Is it the Missing Piece of Your Financial Plan?

Could leveraging your assets to earn even more money be the key to wealth? “In order to get what you want, one has only to apply the proper amount of leverage.” Have you ever heard that before? Usually someone is referring to squeezing information out of someone else. But there are many different kinds of leverage. Financial leverage can be...

living debt free 5

Have You Ever Been Debt Free?

Our Culture Has Been Brainwashed to Think Debt is Ok. Being in debt is normal. And a debt free person is an anomaly.  There. I said it. And you hear. . . err . . . or read it. You’re in debt, and I’m in debt. It’s the definition of normal. Some of us have more or less debt than...

Living payment-to-payment 0

Forget Paycheck to Paycheck! Are You Living Payment to Payment?

Do You Find it Hard to Keep Track of Your Many Payments? You’ve heard the common phrase, “Living paycheck to paycheck”. I would submit that for most of us it’s not the paycheck that’s the problem. It’s on the other side of the balance sheet where we get into trouble. You see, we’re living payment-to-payment. Related: The Payment Syndrome is...

Elininate Your student loans 1

How to Eliminate Your Student Loans for Good!

Left Alone, Student Loans Will Destroy Your Finances. So you have student loans? Don’t worry, you’re certainly not alone. There are 44 million other Americans who have an average debt of just over $37,000 in student loan debt also. But unlike many, who are resigned to their seemingly miserable fate of payments until they die, you actually want to get...