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Personal Finance By The Book

Personal Finance By The Book

Dave Ramsey’s Baby Step 3: Fully Funded Emergency Fund

October 12, 2009 by Joe Plemon 12 Comments

photo credit: eikosi Peter and Teresa (not real names) were doing well. Peter had a good paying job with great security. Teresa brought in extra money through being self employed. Life was good until, with no warning, Peter had a heart attack necessitating him to miss six months of work. His sick leave covered his […]

Filed Under: Dave Ramsey

Should Christians Tithe While Paying Off Debt?

October 9, 2009 by Joe Plemon 11 Comments

Should Christians Tithe While Paying Off Debt

Darren and Cynthia (fictional names) had $80,000 in credit card debt, two old paid for vehicles and a house with zero equity that they were trying to sell. Because Darren’s job required him to work sporadic hours, it was difficult for him to find extra work. Cynthia worked a sales job that brought in irregular […]

Filed Under: Biblical Thoughts On Finance, Case Studies, Debt

Are You a Quitter? Maybe You Should Be.

October 7, 2009 by Joe Plemon 4 Comments

Most of us have grown up hearing, “Quitters never win and winners never quit.” Sound good, but is it always true? Career coach Dan Miller challenges us to consider what road we are on and, if it is the wrong one, quit and change directions. If you were driving from Paducah to Nashville and the […]

Filed Under: Random

What is Dave Ramsey Saying About Today’s Economy?

October 6, 2009 by Joe Plemon 4 Comments

No, Dave Ramsey did not write a guest post for my blog.  But he did give me permission to re-run his columns.  I hope this one will be encouraging and challenging as you read what Dave has to say about today’s economy…a year into the recession. Important Update from Dave About the Economy In light […]

Filed Under: Dave Ramsey

Dave Ramsey’s Baby Step 2: The Debt Snowball

October 5, 2009 by Joe Plemon 11 Comments

photo credit: OakleyOriginals In order to better understand Dave Ramsey’s passionate hatred of debt, allow me to quote him, “ Years ago, my wife, Sharon, and I went broke. We lost everything due to my stupidity in handling money, or not handling it, as the case may be. Hitting bottom and hitting it hard was […]

Filed Under: Dave Ramsey

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