photo credit: vtdainfo The Recession is having some positive spin offs. A report from Mintel Comperemedia revealed that, because of the current economic crises, three in four adults are trying to increase their financial know how. Susan Menke, VP at Mintel Compermedia, comments: “The recession was a wake-up call for many Americans. They now feel […]
When Does Saving Turn To Hoarding?
photo credit: tallkev The bible clearly states that saving is a good thing (Prov 21:20) and that hoarding is not (Luke 12:20-21). But is there a clear distinction between the two? And how can we know if we have crossed the line? This post will first examine the spiritual aspect of hoarding, then give some […]
Reverse Mortgages Part One: Digging Beneath the Surface
photo credit: LordFerguson A great financial principle is “Don’t buy anything you don’t understand.” If everyone lived by that adage, I have a hunch that very few reverse mortgages would be sold. Regular mortgages are confounding enough without being challenged to think in reverse. Just the term “payment” in a reverse mortgage can mystify the most savvy […]
Should You Leave an Inheritance to Your Children?
The late Larry Burkett wrote, “If I had to identify the area of Christian finances that is least understood, it would be inheritance. Not only do people wreck their lives by hoarding, but they also wreck the lives of their children and grandchildren with abundant inheritance.” I have to admit that Burkett got my attention. […]
Lessons Irvin Taught Us on Driving, Finances and Life
photo credit: Jesus Vivas Irvin Smith was more than a father-in-law to me. I would like to believe that I was more than a son-in-law to him. He lived an unpretentious life: a “real” Christian man who demonstrated his faith instead of preaching it. Irvin was utterly devoted to his wife and to his two […]
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