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Personal Finance By The Book

Personal Finance By The Book

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

9 Frugal Staycation Ideas

September 26, 2011 by Tim 3 Comments

9 Frugal Staycation Ideas

Summer is winding down and so are vacations.  With school in full swing and the holidays around the corner, a vacation may not be in your budget…but we can’t help but think about one every now and then. It’s good to have a break without forking over a lot of your hard earned money, which […]

Filed Under: Family

What’s your MPG?

September 23, 2011 by Tim 4 Comments

Sorry folks, we’re not talking about cars and gas mileage.  We’re coining a new phrase here – MPG = Marginal Propensity to Give. A little background I wrote a brief series about economics that explained two concepts: marginal propensity to consume and marginal propensity to save.  In a nutshell, these concepts ask what you would […]

Filed Under: Biblical Thoughts On Finance

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

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