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Fixing Your Credit Score

             Solomon said “A good name is more desirable than great riches” (Proverbs 22:1). This is certainly true in the financial realm, where a good name on your credit report can open the way to purchase a car or a good home. Yet, because of life circumstances or poor judgment, many of us have poor credit reports. For example, about 70% of auto buyers have bad…

Toxic Banking Conveniences

              We live in a time when technology has made banking much more convenient. But few people realize the risks that come with the convenience.
             Online banking is a good example. You can pay your bills from your living room. However, a hacker can pay also his bills, from Russia, with your money. It is true that you might be able to recover your…

National Panic Week

Tax filing time is upon us once again. 
Millions of Americans are suddenly realizing that the dreaded April 15 (April 18 this year) deadline is next week. Its National Panic Week.

The Panic can be particularly acute for people struggling with debt burdens and unexpected tax liabilities. So lets review some tax wise ideas which we hope can help relieve the Panic:            …

Financial Privacy

 

            All of the claims and counterclaims of the Trump surveillance scandal have reminded us that the Government can sift through all of your phone records and internet activity at any time. Under Obamacare the IRS can examine your health along with your money. We also know that the Government can bring in the IRS, Labor Department, the EPA, the SEC, and maybe even the FBI…

Work and Retirement

 
            More and more people are not asking themselves when to retire, but if they can retire.

 

            Most of our ideas about retirement were based on the 50’s industrial model, with a company pension after a lifetime of work supplemented by social security. That model began to break down in the 70’s, as old fashioned pension plans proved to b…

Overcoming Tax Fear

                Tax time is only a month away. For many it is a fearful experience, especially if there is an unexpected tax bite.
 

                We believe you should “Render unto Caesar” that which is his (Matthew 22:21), but no more. Nor should we be destroyed form lack of knowledge (Hosea 4:6) when it comes to taxes. With a little knowledge and a…

Biblical Debt Forgiveness and the IRS

  God required the Israelites to forgive their debts every 7 years (Deuteronomy 15:1,2), and Solomon instructed the people to negotiate Debt Settlements if they were trapped in debt (Proverbs 6:1-5). This is the Biblical foundation of our System of Debt Relief.

              God wants you to be free from debts you cannot pay, but you must be careful not to let the IRS undo…

Reaching Your Financial Goals

 
            Last week we reported that a major financial company has recommend a savings goal of 10 times annual salary by the age of 67. Now people want to know how an average family making $60,000 per year can possibly save 10 times that, or $600,000.

            The key is to break down the savings goal into realistic components and tackle them one at a…

Savings Still Key to Financial Freedom

 
If you want to retire at age 67with as much income as you had from working, experts have moved the goal post a little further out.

 

That’s right. Because of the low rates of return in the current economy, a major financial firm has increased the target savings from 8 times earnings to 10 times by age 67.  Interim targets include 1 time annual salary at age 30, 2 times by age 35,…

George Washington’s Secrets for Winning Your War of Independence

 

              With the President’s Day holiday coming up on February 20, we thought it would be a good time to apply some wisdom from our greatest President, George Washington, to your financial war of independence.

              Like you, George Washington faced a much stronger and richer opponent as he struggled to gain freedom from oppression. Like your…