Savings

Thumbnail image for Why can’t you save any money?

Why can’t you save any money?

There are a lot of reasons that people find themselves in difficult financial situations. Most often the reasons can be isolated to a single theme; lack of emergency fund. An emergency fund is crucial if you are serious about getting rid of debt. The truth is that everyone will experience an unexpected financial event, on [...]

Read the full article →

Making a habit out of saving

For a lot of people, the last year or so has caused them to rethink the idea of personal saving. According to the U.S. Bureau of Economic Analysis, the personal savings rate for 2005 was -0.4%. That was the first time the savings rate in the U.S. had been below 0% since 1933. When the [...]

Read the full article →

Learning to Live on Less Than You Make

The second Biblical Financial principle was to start saving money. Today we introduce the third principle which is the key to saving money. This principle is very simple, but not always easy. In order to start saving money you have to stop spending everything your make. Understand God’s Ownership (Psalms 24:1) Learn to Save Money [...]

Read the full article →
Thumbnail image for Not a good idea to save?

Not a good idea to save?

Based on the current economic conditions we have entered a time where doing the right thing is now considered the wrong thing. At least by the experts. The two things that we constantly say here is you need to get out of debt and save for emergencies and purchases. From its most fundamental definition both [...]

Read the full article →
Thumbnail image for Learn to Save Money

Learn to Save Money

The Book of Proverbs has many great financial principles. The second financial principle we want to look at in our series is ‘learning to save money’. A lack of savings is the number one reason people go into debt. They see something they want, they don’t have the money to pay for it, so they [...]

Read the full article →
Thumbnail image for Five for Friday! – February 6, 2009

Five for Friday! – February 6, 2009

The end of another week is upon us and I am very glad. I was sick for two days and spent another in Washington, DC at a meeting. If you have never been on I-95 in the Northern Virginia area heading into or out of DC, you are truly missing one of the greater chaotic [...]

Read the full article →