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Personal Finance By The Book

Personal Finance By The Book

Joe Plemon: Financial Writer

Dave Ramsey’s Baby Step 1: Baby Emergency Fund

September 29, 2009 by Joe Plemon 8 Comments

photo credit: hill.josh Jim and Doris were highly motivated about getting out of debt. They listed all of their debts, worked out a budget and agreed that they could pay an extra $300 every month above the minimum payments. During the first month, their air conditioner compressor quit working. A month later, Jim’s fuel pump […]

Filed Under: Dave Ramsey

Do Nice Guys Really Finish Last?

September 28, 2009 by Joe Plemon Leave a Comment

Leo Durocher, the fiery and controversial baseball player and manager, was famous for his statement that “Nice Guys Finish Last.” He actually co-penned an autobiography by the same name. Another Durocher quote, “Win any way you can, as long as you can get away with it”, seems to summarize his life philosophy. Durocher died in […]

Filed Under: Random

An Excellent Wife is a Catalyst For Wealth

September 25, 2009 by Joe Plemon Leave a Comment

“An excellent wife who can find? She is far more precious than jewels. The heart of her husband trusts in her, and he will have no lack of gain.” Proverbs 31: 10,11 Of course these verses are not simply about gaining wealth, but I do believe that having a great wife is indeed a formula […]

Filed Under: Biblical Thoughts On Finance

Five Reasons You Need a Will

September 24, 2009 by Joe Plemon Leave a Comment

Five Reasons You Need a Will

I recently read this statistic: 70% of Americans have done no estate planning whatsoever. It is therefore reasonable to believe that at least 7 out of every 10 people reading this article do not have a will. Whatever excuse you are using, my guess is that it is pretty flimsy. Read on for five reasons […]

Filed Under: Life Planning

Income Tax Basics: They Really Are Simple

September 22, 2009 by Joe Plemon 4 Comments

photo credit: piermario “Where,” you are thinking, “does Joe get the audacity to think he can explain taxes in a few sentences?” Good question, but stick with me. The key word here is “basics”. I believe that if you can understand three concepts: Federal Tax Brackets, Standard Deductions and Personal Exemptions, you can understand the […]

Filed Under: Taxes

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