October 2012

College costs are going through the roof! You’ve seen the headlines. How are you going to pay for college, and what is going to cost you or your kids? A 4-year college costs on average  $21,447 for in-state public and $42,224 for private per year for tuition, room, and board. That’s a total of nearly $100,000 […]

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Question: I lost my job several months ago, and have exhausted my savings. However, I have some money in a 401(k) Plan from an old employer. I need to get to some of it to pay my rent, but I don’t want to pay tax on the entire amount in the Plan. What is the […]

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This week’s money and stewardship devotional from the Four Gospels* is about Jesus talking about maturing believers and pursuing the Kingdom comparing the journey to the pursuing of wealth, from Matthew 13:44-46.  44 “The kingdom of heaven is like treasure hidden in a field. When a man found it, he hid it again, and then in his […]

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You probably hear about GDP on the evening business news all the time, but do you wonder what it means and what it indicates about our current economy? GDP stands for gross domestic product; it represents the output of goods and services produced by labor and property in the United States, and is used to […]

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Do you think we are headed for a double-dip recession in 2013?  Technically a recession occurs when business cycles retract, evidenced by down consecutive quarters of GDP, or a 12-month 1.5% or more rise in unemployment. The most recent recession officially started December 2007 and ended June of 2009. I blogged about this topic about a […]

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A couple more people sent me short notes about how they benefited from  taking the Dave Ramsey Financial Peace University class. The cost is less than $100, but most people save that much in the first few weeks of taking the class by living on a budget, eliminating credit card debt, avoiding unneeded purchases, being […]

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Just a brief thank you for offering these (FPU) classes. They were a real blessing to us.  We have been blessed to be totally out of debt now except for our house.  The freedom that this has opened up for us as a family is to be available to say yes to the Lord’s leading […]

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A few weeks ago, Jay Pathak, pastor of the Mile High Vineyard in Colorado, spoke at the Vineyard Columbus leadership conference. He recently wrote a book titled “The Art of Neighboring.” Jay is a great guy with a lot of experience and success at his approach to loving his neighbors, an easy and practical way […]

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When you buy a car, what is most important to you: purchase price, cost of ownership (regular maintenance, repairs, insurance, MPG, depreciation), utility, performance (how fast and how well it handles), safety, image or the green factor?  Maybe you consider them all, but some prioritize the list differently. Strangely, many people do little research; they […]

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This week’s money and stewardship devotional from the Four Gospels* is about Jesus talking about maturing believers, and not being consumed by worries or wealth. While a large crowd was gathering and people were coming to Jesus from town after town, he told this parable: “A farmer went out to sow his seed. As he was scattering […]

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Most financial articles are self-help so I thought it might be good idea to discuss how to help others. I suspect most people can’t fix their own finances without some kind of help from someone else. Yes, ultimately it is still up to each individual person to apply financial wisdom, but they need your help. […]

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Here are a few very good and interesting student loan and college finance articles I’ve run across you might be interested to read: You Paid for College How? How Not to Blow it Financial Aid The Minuses of Parental Plus Loans

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Interesting articles worth checking out: Homeowners qualifying for new mortgage after short sale. Auto purchasing and the various fine print costly add-ons. Estate planning: Naming a trustee for your trust, and living wills. Roth IRA escape hatch, for those that already converted, but now regret it. Buyers are Back After Foreclosure. They didn’t have to […]

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This week’s money and stewardship devotional from the Four Gospels* is about Jesus’ ordaining and providing. Do not get any gold or silver or copper to take with you in your belts— no bag for the journey or extra shirt or sandals or a staff, for the worker is worth his keep. Matthew 10:9-10 Reading this verse […]

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A new study shows that prior to the current economic crisis, it was the highly educated people that were more inclined to have unmanageable levels of debt. The percentage of Americans with more than 40% of their income going to debt payments increased from under 15% in 1991 to 27% in 2008. You would think […]

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The following are classes that we have scheduled for the coming year at Vineyard Columbus: Dave Ramsey’s Financial Peace University, Thursdays, February 7 – April 4, 2013 Dave Ramsey’s Financial Peace University comprehensive 9 class series on managing your personal finances–more information is available online and at the free preview, 1/31/2013.  You can attend the […]

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60 Minutes ran a piece last Sunday night about a near monopoly on an eye glass company.  The story highlighted the largest company in the industry, Luxottica; they severely inflate the cost we pay for eye-wear for corporate profits. Eye glasses and frames cost the manufacturer only about $30 but our end cost can easily hit $300 – […]

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Over the last 4 years we have seen an epidemic of late monthly debt repayments. Many of the borrowers have never been late on payments before. However, during the recession people often have to deal with multiple problems. It used to be common that someone just had to work through unemployment and get hired within […]

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I ran across a great article in the Wall Street Journal today, The Myth of the Black Friday Deal compared prices of certain items over the term of a year, and many items actually cost more during the Holiday season than during other times. People lining up to buy ‘door busters’ of limited quantity may save a […]

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This week’s money and stewardship devotional from the Four Gospels* is about Jesus ministering to people who are financially abusive. As Jesus went on from there, he saw a man named Matthew sitting at the tax collector’s booth. 9 “Follow me,” he told him, and Matthew got up and followed him.  10 While Jesus was having dinner […]

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