Debt

Financial Goals for 2009 (part 2)

We are looking at financial goals for the New Year. MSN Money lists 6 financial milestones to reach before age 30. If you are already over 30, these milestones are still worth looking into, but the real question is whether or not these milestones are good goals. We will be looking at one milestone each [...]

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Financial Goals for 2009 (part 1)

I have never been one to set New Years resolutions, so I am not going to start now. However, I do think setting goals is a good idea. Good goals have some pretty simple characteristics such as being attainable, being measurable and being realistic. The primary reason most people fail in the area of personal [...]

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Is this a good time to prepay our mortgage?

You know how I feel about debt, including mortgage debt. As a matter of fact, just last week I posted about this very topic. This week I came across an article at CNNMoney.com that asked, “Is this a good time to prepay our mortgage?“. One of the interesting aspects of this article is that it [...]

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Getting rid of the mortgage

As a Christian it is very easy for me to not fall into the trap of categorizing debt as ‘good’ or ‘bad’. According to Proverbs 22:7, those that are in debt are slaves to their lender. Another way of looking at being a slave is being in bondage, and those in bondage are not free [...]

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Credit card debt is a killer!

I have mentioned before how we budget for Christmas and save a little each month until time to start shopping. When January 2009 rolls around we will have accumulated exactly $0 in debt. It is a great feeling and one that we will continue to enjoy. If you are not quite there, you can be, [...]

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How is your savings plan?

You can’t go more than a day or so without hearing someone talking about the economy. Usually, the discussion focuses on the impact of increasing food prices, the fluctuation in gas prices, the next big government bailout mistake, or other such topic. One thing that I don’t hear a lot about is personal savings goals. [...]

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