Life Planning

Should Financial Incentives be Linked to Goals?

Today, I am proud to introduce my new (and only) staff writer: Tim Fraticelli.  I am sure that  you will appreciate, as I do, how Tim addresses today’s financial issues with clarity and insight, always from a Christian perspective.   Welcome aboard, Tim! Recently I finished Drive by Daniel Pink, a book that attempts to reveal [...]

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How Do You Define Wealth? Hope for the Little Guy.

  Which of these two families would you consider to be wealthy?  1. Mr. and Mrs. Charles Bobbins. Charles is a forty one year old fireman. He and his wife, a secretary, have a combined annual income of $55,000 and a net worth of $460,000. Their low consumption lifestyle would enable them to sustain themselves [...]

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Financial Lessons From Yesteryear’s Entrepreneurs: JC Penney

This post is the first of series I plan to write on the financial principles that made yesteryear’s entrepreneurs so successful. Hopefully, we can incorporate these lessons into our lives today and emulate their successes.   Our first entrepreneur is James Cash “JC” Penney.

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Financial Tips for Life After Divorce

I have heard it said that divorce turns marriage into a financial transaction. Any of you who have been divorced will vouch for the truth in those words. On a personal note, my parents were divorced when I was quite young and my family has seen divorce up close several times. We know that making [...]

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Four Ways a Part Time Job Will Change Your Life Forever

If you associate “part time job” with drudgery, exhaustion and meaningless toil, this article is not for you. The right part time job, however, done with purpose and parameters, can be a life changing experience. Read on for four ways a part time job can change your life forever.

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You CAN Afford That Baby – Ten Money Saving Tips

You have read those cost projections for raising children. MSN, back in 2001 projected a cost of $249,180 (over $350,000 in 2010 dollars) for a family with a $65,800 or greater income. The Baby Center web site tells us the cost of raising a child from baby to adulthood is $266,698. The Wall Street Journal [...]

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This Family Paid Cash For Their Car; You Can Too!

My friends John and Lisa recently shared some exciting news with me: for the very first time in their lives they paid cash for a car – a sweet 2 year old Toyota Prius with only 29,000 miles on it. They saved up the $17,000 purchase price (new price was $31,000), did some shopping and [...]

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Premarital Financial Quiz: Are You Ready to Tie the Knot?

You are probably not surprised to read that the divorce rate in the United States has been 50% for the past  25 years.  However, you might not realize that premarital counseling reduces that number by 30%.  And since money issues are one of the top reasons for divorce, every couple considering marriage should get some [...]

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How to Get Personal Finance Taught in a Public High School

In contemplating whether to write this post, I weighed the negative aspect of “tooting my own horn” with the positive aspect of helping get more high schoolers some solid financial training. One compelling factor in my decision is that Austin Morgan at Foreigner’s Finances had already shared this info in our recent podcast interview. Soooo…the [...]

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