Using credit cards to fund your life is not something I recommend. But like so many, you may believe the credit card lies disguised as truth, keeping you in perpetual debt and struggling financially. Personally, I think credit cards are not a necessity like so many others do. I’ll get to that later in this […]
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The Miracle (or Curse) of Compound Interest
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 […]
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 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. […]