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Archive for October, 2008

The Million-dollar man

October 29th, 2008 | 1 Comment | Posted in Economy, Giving, Investment, Retirement, Savings, Taxes by greg
A million dollars doesn't buy as much as it used to, but it is still a very impressive dollar figure, especially if you have worked hard and are now entering retirement with a cool million in the bank. One thing is certain, the best way to earn a million ...

D-I-Y Tips

October 27th, 2008 | No Comments | Posted in Budgeting, Investment, Life Impact, Savings by greg
So you may be asking why would DIY Tips show up on a personal finance blog? Simply put, we are all about finding ways to help you be successful with your finances. That includes helping you find ways to save money by doing a few things around the ...

Can you cosign this loan for me?

October 26th, 2008 | 3 Comments | Posted in Debt by greg
Here is an article that I wrote for the November issue of the Living Financially Free Ministries newsletter. With credit money getting tighter, a lot of people that shouldn't be getting loans, because they can't afford them, are going to be looking for someone to cosign the loan for them. ...
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Saving on groceries

October 25th, 2008 | No Comments | Posted in Budgeting, Life Impact by greg
With gas prices coming down, the average family is experiencing a little bit more wiggle room in the monthly budget than only a few months ago. Hopefully, if you are able to save a few of those dollars each week you are putting them aside in your emergency fund ...

Investing for the long haul

October 25th, 2008 | No Comments | Posted in Investment, Retirement by greg
I have said it before that I am not an investment professional and I don't provide specific investment advice. What I do know is that if you have several years until retirement (like I do), this uncertain time in the stock market is nothing that should cause you to ...
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Concerned about your bank?

October 23rd, 2008 | No Comments | Posted in Life Impact, Retirement by greg
Because of the wild roller coaster ride we are now enjoying (read enduring) with our economy a lot of people are really concerned about the safety of the money they have invested in their bank. Each year a certain number of banks do fail, but with all of the ...

Ways to save

October 23rd, 2008 | No Comments | Posted in Savings by greg
Yahoo! Finance often has interesting articles dealing with a variety of personal finance topics. Today I came across this article that gives six ways to help you save around $8,000 a year. Here is the list: Strategic Shopping Skip Starbucks Upgrade Your Appliances Go Generic Pay an Extra $1 On Your Credit Cards Sitter Sharing Obviously, ...
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Debt is dumb and cash is king!

October 22nd, 2008 | No Comments | Posted in Debt, Savings by greg
If you have ever listened to the Dave Ramsey show, you have probably heard his intro that encourages debt free living and a paid off mortgage.  In this uncertain economic time that we are dealing with, having cash on hand is probably the smartest thing you could do. CNN ...

Good news – from the housing market!

October 20th, 2008 | No Comments | Posted in Life Impact by greg
If you look hard enough, you can always find someone that is ready to tell you how bad things are right now in the economy. Ok, you don't have to look very hard at all, but if you wanted to find some good news, then that is a different story, ...

Load or no load funds

October 19th, 2008 | No Comments | Posted in Investment, Retirement by greg
I have had several people ask me about the stock market lately and as I have mentioned in other posts, I am staying put and continuing to invest each pay period the same as I do when the market is doing well. One specific question that I have answered ...

Buy-and-hold on

October 18th, 2008 | No Comments | Posted in Investment, Retirement, Savings by greg
The stock market has been less than predictive the last few months. Even though we don't know where the market will end for the year, the one thing that we do know is that 100% of the 10 year periods in the stock market's history has ended positive. ...
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What are you doing with your money

October 17th, 2008 | No Comments | Posted in Life Impact, Savings by greg
Since starting this blog I have been frequenting several other blogs and doing a lot of reading on what others are saying about becoming financially free. Some of the things I read I like and some things I wonder where in the world they got that idea. Occasionally, ...

Is it Robin Hood or socialism?

October 14th, 2008 | No Comments | Posted in Life Impact by greg
This is the first post that I have written that doesn't relate specifically to personal finance. We teach that personal finance begins with personal responsibility and you are your own best way of gaining control of your financial situation. However, based on this comment by Barack Obama, it ...

Open handed personal finance

October 13th, 2008 | No Comments | Posted in Giving, Life Impact by greg
The final step in Dave Ramsey's Baby Steps is to build wealth and give it away. That seems completely counter to what the world would teach, but as Christians, helping others should be one of the barometers by which we measure our spiritual health. There are over 2300 ...

It’s a buying opportunity!

October 13th, 2008 | No Comments | Posted in Investment, Life Impact, Savings by greg
We all know one way to make money in the stock market is to buy low and sell high. Over the last several weeks we have been seeing the exact opposite of this philosophy because of fear. Fear, I think, that has been somewhat inflated thanks to the ...