April 2012

This week’s financial devotional verse is Hebrews 13:5-9 Keep your lives free from the love of money and be content with what you have, because God has said, “Never will I leave you; never will I forsake you.” So we say with confidence, “The Lord is my helper; I will not be afraid. What can […]

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Source: Wall Street Journal 4/27/12 and http://ycharts.com/ The past several weeks has shown some slight increase of those making claims for unemployment benefits, from 375,500 from 2 weeks ago to 381,750 last week. This is a 4 week rolling average that peaked at over 600,000 in 2009. In 2010 we saw a decrease from nearly 500,000 […]

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When writing about grocery savings we usually discuss various things like couponing, www.thegrocerygame.com and www.emeals.com however there are other ways to save a ton on the grocery budget, to read a few articles that expand on this idea quite well go to: Eating organic on a frugal budget How to feed yourself on $15 per […]

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Source: Wall Street Journal 4/24/12 Reported yesterday that earlier estimates were 24 years, but now 21 years. If reserves for disability benefits were combined with retirement, reserves would be exhausted by 2033. Social Security and Medicare account for 1/3 of the federal budget. If the trust funds are not replenished, then benefits would be reduced by 25%. Everyone should […]

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For this morning’s devotional, I am using an excerpt from The NIV Stewardship Study Bible: “God created both soul and body, and the resurrection of Jesus shows that he is going to redeem both the spiritual and the material. Therefore God is concerned not only for the salvation of souls but also for the relief of […]

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Is there something you want to buy for yourself?  Now that the weather is nice, would you like to buy something that you don’t need, but is a pure want?  How about a convertible or a motorcycle to enjoy the fresh air and sunshine. Wouldn’t a new Ping driver be nice to tee off with […]

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My article entitled The Asset Allocation Style of Investing, highlighted this method of investing made popular from the study by Garry P. Brinson, Brian D. Singer, and Gilbert L. Beebower that found that over 91% of long-term portfolio performance is derived from the decisions made regarding asset allocation, and not market timing or security selection. In […]

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There are four ways to invest money, and the most boring way works best for most people: Asset Allocation. The other three ways to invest: strategic asset allocation, market timing or picking stocks are more sexy. Next time investing comes up at a cocktail party you will be sure to hear someone touting their get […]

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Scripture Verse: Colossians 3:23-24 Whatever you do, do your work heartily, as for the Lord rather than for men, knowing that from the Lord you will receive the reward of the inheritance. It is the Lord Christ whom you serve. I’ve now seen the movie the Hunger Games, having read the book last year. Pretty […]

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The Ohio Department of Jobs and Family Services (ODJFS) is notifying current and past recipients of unemployment compensation, the regular requirement to apply for 2 jobs per week is staying the same, except that recipients of unemployment compensation must keep a written record of actions taken including employer’s name and address, method of applying for […]

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Merriam-Webster named Austerity as the word of the year in 2010, but these days it isn’t a word we use often. Dictionary.com defines it as 1. austere quality; severity of manner, life, etc.; sternness. 2. Usually, austerities.  ascetic practices: austerities of monastery life. 3. strict economy. I like the definition of Financial Austerity from Wikipedia: is a […]

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Very interesting article in the Columbus Dispatch about domestic violence shelters providing financial counsel and education as part of the process to help those trapped in abusive relationships, where often money is used to trap them.

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The Matrix was a movie that was released in 1999, and was quite controversial. Staring Keanu Reeves, it borrowed heavily from religion, philosophy and Lewis Carroll’s classic Adventures in Alice’s Adventures in Wonderland. If you like science fiction you would probably like it, and you know all about it, but if you don’t like that type of fiction […]

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The Stop Trading On Congressional Knowledge, or Stock act was signed into law yesterday April 4th, 2012 by President Obama, prohibiting members of congress from buying and selling stock based upon inside information. It is about time that this was passed, given the 6 years the bill has been worked on and the opportunity for […]

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A lot of people are stuck in a cycle of using Pay-Day and Checking Cashing stores, and they don’t know how to get out of them. First let’s understand how they work to both help people then trap them in an ever ending cycle of debt and pain. Loan is given, equal to one or […]

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There is a commercial running now advertising investing in diamonds instead of gold, touting “diamonds the new gold.”. Many people have lost interest investing in gold, since the price has dropped to around $1,600 per ounce from a high of a $1,895 in September of 2011. Unlike gold, for the average consumer there isn’t a […]

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Today I wondered what role does having daily faith in God play in managing finances? You are either struggling to have solid finances or your finances are pretty solid. If you are struggling and fighting back you may be challenged with life: job loss or cut back in income, lost health insurance or just a […]

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