11th November 2009
For the past two years, the stock market has mirrored a yo-yo. One day, it's up, while the next day, it's down. No one can agree on where the economy is headed.
Some people are ready to retire and need to decide how to roll their 401k accounts or pen...
05th November 2009
The Center for Retirement Research reported that 64% of pre-retirees are at risk of not having enough money saved to maintain their current lifestyles. That means that 2 in 3 retirees will have to reduce their standards of living in retirement.
If no ...
05th November 2009
Debt is one of the biggest concerns for most families today. We are thousands and thousands of dollars in debt. We live from check to check, and worry about paying our bills. In fact, if an emergency were to arise, many of us would not be ready. Worse...
03rd November 2009
With such a volatile economy, most investment account values have been down. It's not just retirement accounts that have been affected. College savings accounts are also down.
It also doesn't help to see college costs increasing at such high rates. ...
03rd November 2009
Irregular expenses can cause tremendous damage to our finances. These are expenses that do not happen every pay period or every month, but often come up at some point during the year.
That may seem odd when you first look at it because we can, in fact...
28th October 2009
When the time comes to retire, lots of questions come to mind when trying to decide how to take our distributions. Here are four reasons why I recommend taking the lump sum when rolling over 401k accounts or pensions.
(1) How safe is your employer?
...
26th October 2009
Resolutions are a popular way to bring in the new year. But anytime is a good time to get your finances in order. Here are 10 personal finance basics to consider if you are ready to get your financial house in order now.
Become a tither
It is more...
23rd October 2009
While we may know how much money we have coming in, studies show that most of us have no idea what is going out. Not knowing how much money we are spending each month may put us in a position where we need money that we don't have. We may end up using c...
22nd October 2009
As financial stewards, we don't own anything. We just manage it. We need to make sure that we properly manage everything that God has entrusted to us.
In Luke 16:10-12, Jesus said, "Whoever can be trusted with very little can also be trusted with muc...
19th October 2009
For the past two years, the economy has really taken us for a ride. The stock market has brought more volatility than most of us are comfortable with. Unemployment rates are higher than we've ever seen before. The economic crisis is hurting families at al...
16th October 2009
We have to be careful when buying new vehicles.
Our car companies have been really good at convincing us that we need a new car every couple of years. On top of that, we have become infatuated with not only having the latest model, but also having all...
15th October 2009
Parenthood is a truly amazing experience. In essence, as parents, we are responsible for a tiny, helpless human being. Over time, our children do grow up and develop skills toward self-sufficiency, but the type of people our children become has a lot to...
29th September 2009
Don't let the happy holiday season become a time of stress and anguish. Here are 10 quick money saving ideas to help you keep your finances in order.
1) Create a budget. Although budget seems to be a bad word these days, it is actually the best way to...
21st September 2009
Everyone wants to be debt free. The problem with debt elimination is figuring out where to start. The most important step is understanding your cash flow. Once you know what you have coming in and what needs to go out, you can create a debt repayment pl...
