August 2012

Around the financial blogosphere there were several noteworthy articles that I thought were worth reading: Faithful With a Few answered the question Does Hardwork Reveal Misplaced Faith Free Money Finance,one of the premier financial blogs, had a good listing of Best Cash Back Credit Cards;great help for those who use cards judicially and want to earn […]

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Per my previous post, the class has been substantially updated and improved. In addition to the class being revamped, the online ‘member’s only’ resources have been substantially improved. The previous one was okay, but was a little hard to navigate and students had difficulty finding the tools they needed. The new one is much easier […]

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A recent Dave Ramsey Financial Peace University class attendee asked me if Dave recommends suspending tithing. Here is my response. Dave Ramsey’s Financial Peace University class is concluded with the final lesson “The Great Misunderstanding.” In this lesson he highlights the importance of giving and faith. However, it seems as if some people interpret Dave  as advocating […]

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In the back of our minds, it seems as if a lot of us have a desire to be rich. This thought reminds me of Tevye. The central charachter in the Tony (10) Award Winning Play, and Oscar (3) Winning Movie, Fiddler on the Roof, Tevye shows us his interesting story about poverty and wealth. This […]

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This week’s money and stewardship devotional from the Four Gospels is from Matthew 5:23-26.* Matthew 5:23-24 “Therefore, if you are offering your gift at the altar and there remember that your brother or sister has something against you, leave your gift there in front of the altar. First go and be reconciled to them; then come and offer […]

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Investing in physical fitness is smart, being in better health not only means feeling better, and having less stress, it saves money on doctors bills. Healthier people not only get fewer colds and flu, they have less disease and falling accidents. They spend less on prescriptions, and save time going to the doctor and pharmacy. […]

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The presidential race tax debate faces Romney’s lowering them 20% for all, versus Obama’s increasing them for those in middle to higher incomes. For quite a while the tax burden has continued to shift to higher income people, and those on the opposite end pay less and less taxes, per the Wall Street Journal. If you want […]

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Many Christian financial books have attempted to answer the question: “What is the Biblical way for managing personal finances?” Probably the best book ever written on the subject is Randy Alcorn’s “Money Possession and Eternity.” If you haven’t read it you should. It provides the wisest approach for Godly management of money. Although this and other wonderful […]

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Roth IRAs which I wrote about a few days ago are good for supplementing one’s retirement and growing tax-deferred until retirement. This article doesn’t cover the rules regarding IRAs that were converted into Roths. The rules are quite a bit different, than they are for traditional IRAs withdrawals. The differences compel many to seriously consider Roth IRAs, […]

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Monday morning devotional from the four Gospels of Matthew, Mark, Luke and John. Starting in August I’ve been going through these books chronologically and commenting about any verse that involves  money and stewardship. In my personal journey it has been helpful to me to consider the new light that Jesus shines on money in his selfless, grace filled, Holy Spirit […]

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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 that article I […]

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A few days ago in a question and answer automobile section of the Wall Street Journal, a reader asked if it was okay to buy a SAAB. If you don’t already know, the Swedish automobile manufacturer filed for bankruptcy about a year ago. No one has yet to step up to the plate to buy them […]

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Does it make sense to buy a new used car that gets great mileage, compared to keeping an old heap, thinking that the gas savings will outweigh the cost of borrowing? Suppose an old family van isn’t needed anymore since the kids are out on their own. It could be tempting to consider alternatives, for […]

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Monday morning devotional from the four Gospels of Matthew, Mark, Luke and John. For the next several months I am going through those books chronologically and commenting about any verse that involves  money and stewardship. In my personal journey it has been helpful to me to consider the new light that Jesus shines on money in his selfless, grace […]

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I’ve talked to several people who have been having difficulty staying current on their mortgage, some just over the past year, and others that have been struggling for several years that have qualified for help recently, and they are able to stay in their homes.  Some have even been turned down for loan modifications and short-sales […]

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The Monday morning blog posts were previously called Monday Launch. They were devotional articles involving various Bible verses regarding various thoughts relating to money and stewardship. However for the next several months, I am going to go through the four Gospels of Matthew, Mark, Luke and John chronologically and comment about any verse that involves  money […]

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Unemployment INCREASED in July to 8.3% from June 8.2% This tracks those who are without jobs, and have actively sought work within the past 4 weeks. The Great Recession’s unemployment peaked at 10.10% in October 2010. In 2012 it has varied in the range of 8.10% – 8.30%. This statistic does not track all people who […]

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The Dave Ramsey Financial Peace University multi-week class has an entire lesson on insurance, or risk management. On the surface this subject doesn’t seem all that spiritual, but protecting our family and the property God has given us, using as few dollars as possible is very good stewardship. To underline a few items from this lesson, and a few things that need a little […]

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If you’re one of the millions of people who’ve faced losing your home through a wrongful foreclosure, you might get help, but you must act quickly. Homes that were foreclosed on in 2009 and 2010 should find out about the free Independent Foreclosure Review (IFR) process. The IFR process is by the Office of the Comptroller of the Currency […]

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Floor vacuum cleaners seem to be a controversial topic these days. I know people who have very strong opinions about their Dyson, Hoover, Oreck, Eureka, Dirt Devil, Rainbow or Kirby. Prices can vary from about a $100 to over a thousand dollars. I have heard people who tell me they really love this or that […]

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