Most of us have probably at least heard of the term “compound interest” at one time or another. Usually it’s attached to the idea of investing money and watching it grow over time, building upon itself to get an exponential return. Compound interest is a great concept that will make you much richer over time […]
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Is There Really Such a Thing as Good Debt?
Over the years I’ve read a lot of books about personal finance, business, and investing. And many of them have one thing in common: They encourage you to use debt to leverage the little money you have in order to make more. They call this good debt . You’ve seen those not annoying at all […]
Should I Tithe by Credit Card ?
Today I might be opening up a can of worms by writing about tithing using a credit card . You may not agree with what I’ve written in today’s post, but I’d love to hear your opinion in the comments. If you’ve attended church for more than a couple of years, you’ve probably noticed that many churches […]
Is It OK for Christians to Declare Bankruptcy?
You won’t go to Hell if you declare bankruptcy, let’s just go ahead and get that off the table first. Now, with that said, I want to address a question I’ve been asked many times. When it comes to being in debt, some situations are much worse than others. Most households in America have at […]
Is It Wise to Loan Money to Family and Friends?
Have you ever decided to loan money to a friend or family member? I’m not talking about the little $5 “I need to buy some lunch” loan here. I’m talking about the “I’m behind on my bills”, “My car just died”, or “My cat needs an operation” loan for hundreds or thousands of dollars. If […]
Eliminate Your Financial Frustration By Taking Action
Do you constantly have financial frustration in your life? If so, you’re certainly not the only one experiencing that problem on a daily basis. In fact, a recent Wall Street Journal article stated that almost half of all Americans would have to sell some possessions in order to come up with $2,000 cash within 30 days. […]
How Do I Start a Monthly Budget? (Round 2)
In my first “How Do I Start a Budget ?” post, we started out with the most basic way to start using a budget to keep track of your money, which is to write down every single expense for 30 days. Doing this helps you get a feel for how you manage your money, and […]
How Do I Start a Monthly Budget?
As most of you know if you’ve been following Celebrating Financial Freedom for more than a few weeks, the CFF blog focuses very intently on getting out of debt and living a debt free lifestyle. You won’t find articles about how to manage your credit score here, that’s for sure. This is the first of […]
I Bought a House! (Part 6)- Completing the Rehab
So when last we met in the “I Bought a House!” series (Read part 1, part 2, part 3, part 4 , and part 5), you read about how I began finishing up the project by performing some DIY projects that were easy and I was able to do relatively quickly (Except for dealing with my plumbing demon). A […]
I Bought a House! (Part 5)- My Plumbing Demon
It’s time yet again for the latest installment of the “ I Bought a House ” version of “War and Peace” (Read part 1, part 2, part 3, and part 4). When last we met, I had the deck on my investment property rehabbed and transformed from an unsightly, unsafe conglomeration of wood and wire fencing, to […]