I must admit I don’t think much about Social Security as a retirement option these days. How could I when most financial advisors and experts tell you to plan around it and don’t depend on it because it won’t be there by the time you retire (unless you’re close to retirement). Personally, I focus on contributing to my company’s 401(k), my Roth IRA and traditional IRA as the best sources of retirment income. ..
The Blog
Are You a Tigger, an Eeyore, or a Pooh?
Winnie Pooh creator A. A. Milne had great insights into human behavior, as demonstrated in his characters Tigger, Eeyore, and Winnie the Pooh. We all know real life Tiggers, Eeyores and Poohs. In fact, most of us can see some of these three in our own lives. Because our personalities often determine how we…
A Big Money/Life Lesson from Wal-Mart’s Sam Walton
Recently I came across an article about Sam Walton, the founder of Wal-Mart. It was a very interesting read and I found some things I never knew. After doing a little further digging about Wal-Mart I found an article quoting George Will, who had this to say about the company…
12 Factors that Affect Your Home Insurance Rates
An important part of any good financial plan is to have a goal for moving forward, and also to have a good defensive financial plan. Of course, insurance is a key component in financial defense. Most importantly, I think that insurance is biblical. Like any sort of shopping, when buying insurance you are looking to get…
Bank On Yourself | Review
The book was written to those who are tired of gambling with their financial future but instead would like a secure and predictable financial future. It reveals the strategy for taking back control of one’s financial future that Wall Street, banks, and credit card companies don’t want people to know…
Cash Envelope Budgeting
In case you don’t know or need a refresher, cash envelope budgeting involves using envelopes to manage money. An envelope is created for each of your budget categories such as food, clothes, entertainment, transportation, etc. After you receive a paycheck you fund each individual envelope (or budget category) the cash allotted to it for the month…
Is Bankruptcy Ever Okay for a Christian?
With many people still struggling to find work, bankruptcy filings continue to grow. More than 500,000 people have filed so far this year, according to the National Bankruptcy Research Center. That’s up 17 percent from last year at this time. While bankruptcy’s stigma has weakened in recent years, it is still an especially troubling topic […]
Which IRA Should You Invest In?
So you’re saving money for retirement, or thinking about opening an account – that’s great! But should you open a Roth IRA or Traditional IRA? The question inevitably comes up – Which Type of IRA Should I Invest In?
It’s a good question, and there are advantages and disadvantages of both the Traditional IRA and the Roth…
