With a new year comes a new season of your financial life. 2013 was a great year for some, with the stock market posting record numbers multiple times. Dave Szafranski is the President of Edgewater Investment Group in Avon, Ohio and a follower of Christ. He says that if you didn’t take risks in 2013, you missed out. He also adds…
The holidays can be hectic, but don’t let a busy Christmas season keep you from reviewing your finances and financial documents before the end of the year. Here are a few things to do before 2014. Organize Throughout the year, you likely accumulated receipts, investment statements, bills, and other financial documents. Day to…
Decked halls. Festive parties. Movies full of Christmas miracles. Hope and joy in every heart, right? For many, this season does bring great wonder, renewal and joy. But just as many more are left wondering, Where IS the Merry in Christmas? Many families will face this Christmas with an empty chair at the family gathering, a family…
This is a big one – paying off all of your debt except your mortgage. This is huge. We’re setting the captives free! No more “…borrower is slave to the lender” (Proverbs 22:7) stuff. This is by far the hardest and most-intense part of the “baby steps”, but the most powerful! Dave Ramsey will suggest using his “debt snowball” which…
Christmas is over a month away, but it’s never too early to start preparing your finances for the holiday season. Without a plan, it can be easy to fall into unhealthy consumer habits, so set aside time this week to create ground rules for your spending. Here are a few suggestions. Don’t tap into your savings The meaning of this…
The first step toward financial security is to save $1000. This acts as a emergency fund. Step three will be to get a full emergency fund of three to six months of living expenses. But, until then, you’ll need this small buffer between you and life happening. This step should be done QUICK! This should not be a long-term goal. Try…
University of Cambridge researchers are now telling us that our approach to money, including the ability to plan ahead and to delay gratification, is basically set by age 7. So, to help figure out what approaches work with kids and what skills we need to focus on, Melony McKaye and Wayne Geiger of the Life 88.5 morning show chatted…
Chances are you’ve heard about a guy by the name of Dave Ramsey. He is a best-selling author of books like Financial Peace and Total Money Makeover, which were the inspiration behind our financial success. Dave Ramsey developed what he calls the “Baby-Steps”. The premise behind the “Baby-Steps” is that if we try…
Insurance. It’s another boring topic within the financial world. There’s nothing real exciting about it. Which is the reason it’s easy to not pay attention to it….out of sight, out of mind. Do you have any idea how much insurance you have on your home or car? Here’s what typically happens. …
I can’t help but to think of the Kenny Loggins song “Danger Zone” when discussing this topic. But when it comes to your finances, what’s your danger zone? Ya know, the area in your life, which little by little, hurts you over time. For some, this means the daily trip to Starbucks. An occasional $5 coffee…
