Start a Christmas Club Account for 2013

The older you get, the more obligated you feel to purchase Christmas gifts for people in your life. Unfortunately, as you grow older, more people enter your life. Nieces, nephews, stepchildren, coworkers, and people you serve with at church. In time, grandchildren become a part of your gift-buying list as well. If only your bank […]

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7 Last Minute Tips for Black Friday Shoppers

Black Friday, the crazy day where retailers tempt shoppers by slashing prices on selected items to nearly insane lows is nearly upon us.   If you are a Black Friday shopper, these tips should help you survive, or maybe even enjoy the crowds while you seek those bargains.  1. No credit cards. The perfect item […]

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We Sold House Flip #2 (and bought House Flip #3)

WooHoo!  We (my son and I) closed on our second house flip last month.  When I wrote House Flip #2 is on the Market, I promised, once the house was sold, to give you a full report on how we did.  I am happy to say that we made a profit. How we figured our […]

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Should You File That Insurance Claim?

Our daughter Jaime recently called to tell us, through angry tears, that she learned from her mortgage company that her homeowner’s insurance policy had been cancelled. Evidently, when the mortgage holder tried to make a payment from Jaime’s escrow account, the insurance company couldn’t accept it because Jaime was no longer insured. After cooling down […]

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Is Buying a New Car For Zero Percent Interest Loan a Good Idea?

My friend Larry recently asked me a good question that led to a challenging question: “Joe, isn’t it true that everyone needs to be putting aside money every month for a car fund?” Joe, “Well, yes. Although some may be wealthy enough to have a nest egg generating vehicle purchase money, the vast majority of […]

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Why You Should Avoid Private College Loans

Avoid these College Loans like the Plague College is expensive—we get it, but college can be far more expensive than it should be if you get involved with the wrong college loans. When was the last time you went to what is likely the part of town that doesn’t appear on any tourist postcards and […]

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Is Life Insurance A Lack of Faith?

Would you fly in a single-engine plane without a parachute? Would you go white-water rafting without a life preserver? Would you travel the desert without a canteen? If not, would that show a lack of faith in God? You may say that’s absurd, but many people consider insurance a lack of faith. Many people choose […]

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House Flip #2 is On The Market

As promised, I am keeping you abreast of each house my son and I flip.  After selling our first house flip last fall, we started looking for “House Flip #2”, which we purchased in March of this year. We learned a lot with our first flip adventure, and we have tried to apply these lessons […]

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Financial Maintenance That Shouldn’t Be Seasonal

Each year around this time, we switch gears to summer mode. For the past six months the talk has been of all things winter. Football, snow, cold, heating costs, new coats, and winter home maintenance are only a few of those conversation topics but now it’s time to forget about all of those and think […]

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4 Reasons You Should Not Use Your 401k to Pay Off Your Credit Card

Q:  We have $30,000 in credit card debt and it seems it will take forever to get it paid off.  Should I use money from my 401(k) to pay off that debt?  I am 35 years old. A:  I realize, when you see that money sitting in your 401(k), that there is a temptation to […]

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5 Ways to Save on Parking Costs

Parking costs are yet another example of our paychecks going down and prices going up. The average consumer can’t seem to win in this post 2008 economy and it seems to hit us in every area of our life – especially in transportation. You’re paying around $4 per gallon to drive your car but possibly […]

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How we saved 75% off our vacation this year

Thumbnail image for How we saved 75% off our vacation this year

This February I took off for what we called a bit of a sabbatical rather than a vacation. But either way it was great. We rented a condo on the beach and it was SO much cheaper than our hotel-hopping vacation that we took last year. So if you have a few minutes I will explain what […]

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Extra Money for the Entire Family

I grew up in a very entrepreneurial family.  It seemed as though everyone had an opportunity to work an extra side job to earn a little money no matter how young they were. When you grow up in a family that encourages you to work for your own money, you learn the value of a […]

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Do I Need a Living Trust, a Will or Both?

Many people do not really enjoy thinking about their impending passing from this earth, which means that questions about wills, trusts, and estate distribution can be disconcerting.  Still, it’s smart to consider what will happen to your estate and your sentimental belongings at your passing.  Keep in mind that the more you prepare for that […]

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How Healthy Boundaries Make Healthy Relationships … and Finances

The principle of establishing healthy boundaries is one that has given me the courage to say “no” when yes is the wrong answer.  Although I published the following  post nearly two years ago, I am resurrecting it for those who may have missed it.  Hopefully, the message will impact your life like it has mine!

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Financial Vision

“Where there is no vision, the people are unrestrained, But happy is he who keeps the law.” – Proverbs 29:18 NASB This scripture is commonly used as a challenge to set goals and cast vision — it simply means that without some sort of revelation or vision, people run wild, doing what they want to […]

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