What Can We Learn from Frugal Billionaires

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 […]

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My Name Is Not Jones

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 […]

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Dollar Today, Dollar Tomorrow

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. […]

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Personal debt is the biggest contibutor to inflation

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 […]

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Recovery coming from materialistic consumers?

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, […]

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Debt: The New Pharaoh Pt 1 of 3

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 […]

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Tooth Fairy Payouts Up 13%!

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 […]

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How to prosper in this economy?

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 […]

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A Puzzle

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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Beating Debt Radio Interview w/ WTRU

Monday, March 15, 2010

By Eric Swanson
On Feb 27th, I was invited by Robby of “Robby’s Hobbies” to be interviewed for WTRU.  “Robby’s Hobbies” is a radio broadcast about passionate people doing great things in the North Carolina and South Carolina area.
I met Robby at a Kingdom Business Building Event in Raleigh and was impressed by his testimony.  He […]

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