Debt

Can you cosign this loan for me?

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. If a friend or family [...]

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Debt is dumb and cash is king!

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 Money has a pretty good article [...]

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Feeling Poor?

Dave Ramsey says that being poor is a state of mind. I understand his reasoning, but most people feel that being poor is a function of your economic state and not necessarily your mental state. However you define being poor, the one thing that everyone should be able to agree on is the way to [...]

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Buy and Bail?

I have heard of “bait and switch”, but I have never heard of “buy and bail” until today. I did a quick google search and found a lot of information on this very dishonest practice. Here is one article that explains everything in very simple terms. What would make people think this is ok? Somehow [...]

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A lot of zeroes!

Most Americans dream of the six-figure job ($100,000), a million seconds (1,000,000) is roughly 280 hours and a billion pennies (1,000,000,000) weighs more than 6 million pounds (6,000,000). Each of these items represents pretty large numbers, but not as large as the government bailout of the financial market that was presented today. The government wants [...]

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What’s wrong with debt?

Today America watched as the stock market experienced the greatest one day loss in seven years. By the end of the day the market had fallen just over 504 points. The news of financial collapse of Lehmen Brothers and Merrill Lynch caused great fear and angst. How did these financial pillars find themselves in this [...]

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