Category: Saving/Investing

making your money work for you 0

Making Your Money Work For You. (The Parable of the Talents)

The Bible Teaches that Investing and Putting Your Money to Work is Good Stewardship. In an ideal situation, you have all the money you need to live your life the way you desire. All your needs are covered and even most of your wants. You only work on things that bring meaning and purpose to your life. You don’t go...

discover a proven investment strategy 0

Do You Know When to Hold ‘Em, or Do You Just Buy, Buy, Buy?

You Need Time on Your Side for Compounding to Work Its Magic. Too many song references in the title? . . . Anyway, in a previous article, I explored compound interest and how amazing it can be for your investments. In that article we discovered an example where you could choose to receive $25,000 each day for a month. Or,...

financial rules of thumb 4

Financial Rules of Thumb

Helpful “Rules” to Quickly and Easily Tell How You’re Doing Financially. Just to be clear, these are my rules of thumb. You may or may not agree with them, but I’ve found these various easy-to-remember things useful in everyday life. Also remember that these are just guidelines. If you are staring at a major life decision, don’t base your decision...

don't jump off the investing roller coaster 1

Don’t Jump Off the Investing Roller Coaster!

Investing in the Stock Market is a Course in Staying Patient. There’s an old saying that goes something . . . . Well, maybe it’s not that old. But it goes something like this. “You only get hurt on a roller coaster if you jump off.” And while you can’t actually jump off of a roller coaster, because you’re strapped...

Are you ready for retirement 1

Are You Ready For Retirement?

Prioritizing Retirement Savings and the Basics of Retirement savings Plans. Are you ready for retirement? Have you even thought about it? Financially, I mean. Do you have a plan that you’re contributing to regularly that will be able to sustain you and your family when you reach the end of your working life? It’s a serious question. Are you ready?...

free money 401k match 3

Make the Most of Your 401k With Free Money.

Are You Leaving Free Money on the Table? When I started my first real job out of college, some of the best advice I received about money was simple. A colleague advised, “Contribute to your retirement 401k plan enough to get the company match.” So without knowing a wit about what I was doing, I started contributing each and every...

Where to stash your cash? 1

So, Where Do You Stash Your Cash?

So you’re starting to build up that emergency fund. That’s great!! As I’m sure you’ve heard by now, most Americans can’t afford a $400 expense without selling something or going into debt. Which is terrifying and crazy at the same time. Because what if something breaks that you have to fix? Or what if you need tires on your car?...

Your House is a Bad Investment 8

In a World of Bad Investments, Houses are King!!

As Far as a Bad Investment Goes, Your House is Right Up There!! Before we get into this, just know that real estate is not necessarily a bad investment. And I’m not against buying real estate. But I’ve heard over and over again, “Buy a house! It’s not a bad investment!”? Or, “Stop renting, You’re just throwing money away!” Listen...