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Personal Finance By The Book

Personal Finance By The Book

Joe Plemon: Financial Writer

The Hard Truth about Easy Monthly Payments

September 28, 2011 by Joe Plemon 7 Comments

Vendors offer “easy monthly payments” to lure buyers into purchases they should probably be avoiding. The problem is that these easy payments do not make your life easier; they are actually a recipe for a lifetime of debt. Here is why:

Filed Under: Debt, Dollars and Sense

Run — Don’t Walk — From These 3 Types of Loans

September 21, 2011 by Joe Plemon 3 Comments

Are payday loans, pawn shops or other exotic loans against your assets a good way to get some short term money?  If you haven’t fared too well in the angry economy of late, you may be turning to loans to tide you over.  Here are three that have become more popular and why you should […]

Filed Under: Debt

11 Ways to Cope With High Gasoline Prices

September 19, 2011 by Joe Plemon 7 Comments

Eleven Ways to Cope with High Gasoline Prices

If you have been waiting for gasoline prices to go back down, you may be in for a long wait.  It seems that higher gasoline prices are here to stay, so instead of passively hoping for them to go back down, it is time to be proactively cope with them.  These tips will help.

Filed Under: Dollars and Sense

When Being Broke Can be a Blessing

September 16, 2011 by Joe Plemon 1 Comment

Acts 3:1-9 tells the story of Peter, John and a lame beggar. The short version is this: the beggar asked Peter and John for money, but, being broke, they gave him something else: a miraculous healing. I wonder what would have happened if the apostles had had money. Would they have simply done what many […]

Filed Under: Biblical Thoughts On Finance

4 Reasons Why Wealth Should NOT be Your Financial Goal

September 9, 2011 by Joe Plemon 6 Comments

My purpose in writing this blog is to help you to better manage your money.  I want to see you get out of debt, create a sound emergency fund and develop a plan to retire with dignity.  Hopefully, as you practice sound financial principles, you will start accumulating wealth.  But I want to be perfectly […]

Filed Under: Biblical Thoughts On Finance

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