Bloggers united to teach more people to stay away from debt.
Saturday, August 14, 2010
A record 2.8 million U.S. properties began the foreclosure process in 2009 (according to ForeclosurePulse.com). It appears that there’s no end in sight. And, while the focus has been on families losing their residence, there’s a subplot that’s gone largely unnoticed. Innocent renters are often hurt when banks foreclose on their landlords.Saturday, August 14, 2010
A record 2.8 million U.S. properties began the foreclosure process in 2009 (according to ForeclosurePulse.com). It appears that there’s no end in sight. And, while the focus has been on families losing their residence, there’s a subplot that’s gone largely unnoticed. Innocent renters are often hurt when banks foreclose on their landlords.
Nationwide it’s estimated that […]
Saturday, July 24, 2010
I just recently read an article on billionaires who live frugally. It’s a fascinating read. Although I’m sure that ‘frugal’ to them might be a little different than ‘frugal’ is for you and me. But, the message is fairly clear. These people, admittedly among the richest in the world, have decided that spending money is […]
Monday, July 5, 2010
I find it fascinating how occasionally two ideas converge to create something new. I had that happen this morning. Early in the day I was reading something that reminded me that each one of us is a truly unique individual. We each have our own fingerprints that are different from all others. We each have […]
Friday, July 2, 2010
When I was young I was taught that you had a choice. If you had a dollar you could spend it today or you could save it to spend tomorrow (i.e. the future). If you spent it today you wouldn’t have it later. So if something you wanted more came along you couldn’t get it. […]
Tuesday, April 27, 2010
The below picture is a graph of the U.S. inflation rate by month from Dec 2007 to October 2009. Notice that inflation is positive until about the beginning of 2009 and then it starts going negative.
The below picture is a graph of the U.S. personal debt rate by quarter from 2007 to the most recent […]
Thursday, April 15, 2010
By Eric Swanson
When we hear about the recovery to the economy, does the idea of a materialistic consumer come to mind? If it doesn’t, it should.
Since we exist in a debt-driven economy, the only way our economy grows is when a large entity within the economy takes out loans. The entity can be the government, […]
Monday, April 12, 2010
Just as the Pharaohs of Egypt once confined God’s people to slavery, today many Christians are severely limited in their serving Jesus fully because of a ‘new Pharaoh’, debt. Never in its entire history has America and her people been so completely entangled by debt. Pastor Steve looks at what the Bible says about borrowing […]
Thursday, March 25, 2010
Just this morning I had one of those ’shake your head moments’. You know the ones. Where you scratch your head and go “huh?”.
I was updating “Frugal News” for the website and looking at all the different news items. One from Consumer Reports said that the Tooth Fairy payouts were up 13%! Who knew? I […]
Thursday, March 25, 2010
By Eric Swanson
In the past decade, many Christians felt that their self-worth was wrapped up in the following concepts:
Becoming Wealthy.
But Jesus said,
“But woe to you who are rich, for you have already received your comfort.” – Luke 6:24
Seeking wealth leads only to temporary comfort.
Establishing a comfortable life[style].
But Jesus said,
“Woe to you who are well fed […]
Tuesday, March 16, 2010
One thing that’s puzzled me over the years of dealing with people and their money (and there have been quite a few of them!) is why people make financial decisions that are not in their best interest.
You see that most of our economics is based on the assumption that you and I will try to […]
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1. Commit to Beating Debt
2. Hire the Best Coach
3. Make a Plan
4. Use the Right Equipment
5. Train for Short Distances
6. Train for Long Distances
7. Be a Teacher
To view all explanations of these principles,
click here.