Debt Paydown vs Savings

                New research has provided some important information to help answer the question of whether it is better to pay down debt or put the money in savings.


                Two researchers affiliated with Texas Tech University, Russell James and Scott Garrett, studied 839 audits over 50 years old for 4 years to find out which strategy –…

Learning From Disaster


This week on November 11 we will honor our Veterans. May God bless them all.


                But November 11 also marks the anniversary of the end of the first World War, one of the worst disasters in Human History.


                So what can you learn about your finances from this disaster? Plenty.



Lending a Helping Hand

  Have you ever thought that you may have the keys to help someone else escape from financial bondage?
  Yes, you can turn your own struggle for debt relief into a helping hand for someone in need.

                The most important thing you have is empathy, having suffered from your own financial troubles. You know that struggling people do not need an extra dos…

Thinking About the Unthinkable


                If you want to be fondly remembered, you need to think about the unthinkable before it happens.


                Life is uncertain, and your first duty is to your family. Here are some things you can do before the unthinkable happens.


                If something happens to you, your family will need money to…

Obamacare Meltdown Season

Another “Open Enrollment” season for Obamacare has arrived, as health insurance rates go even higher and the program is collapsing.


Costs are spiraling out of control because of expensive government mandates. For example, a 60 year old woman must pay for maternity coverage. “Preventive medicine” freebies take money away from needed care. And, of course, healthy younger…

Escaping From the Internet


                We’ve all seen the movies where some evil government agency wants to get someone and so they cut off their access to credit cards.


                Before the identity theft explosion it was usually a bad credit report, not bad spies, causing the problem.


But now, thanks to hacks of Equifax and the U.S. Government, we hav…

Dumping on the Millennials

            We live in a time when the older generations have reversed their historic role of supporting the young, and instead have dumped financial obligations on them.


            Baby Boomers receive net benefits of $300,000 from Social Security and Medicare, while Millennials are expected to lose over $400,000 if inflation does not destroy these programs…

Bankruptcy Season

            During this time of the year we join with our Jewish friends to celebrate their fall feasts. It was on Yom Kipper (The Day of Atonement) in the Jubilee Year that the trumpets blew, debts were forgiven, and slaves were set free. Our Bankruptcy laws trace back to the Biblical requirement that Hebrew lenders forgive borrowers every 7 years (See Deuteronomy 15:1-8). Sinc…

Working to Stay Healthy


            We’ve observed in the past that many people will need to work in their “Retirement” years because of financial necessity. Now more and more evidence is piling up that working into your retirement years can actually lead to a longer life.


            Scientific researchers have found that people who work in their golden years actually liv…

The Value of Adversity

            Motivational writer Napoleon Hill did a study of the richest men in early 20th century America to see what caused them to succeed. He found that the only thing they had in common was overcoming a crushing adversity. James says we should “consider it pure joy” when we encounter trials, because adversity develops perseverance and maturity (James 1:2, 3).