Budget

Why and How to Pay Cash for Your Next Vehicle

Cars are expensive. The average American spends almost $9,000 per year per vehicle on repairs, fuel, insurance, taxes, and car payments. Add on that cars rapidly depreciate in value and it is quick to see why decisions about purchasing a vehicle significantly impact your financial picture. But you aren’t reading this post to be convinced that cars are expensive; you already knew that. Rather, this article focuses on the costs of car ownership that you can control. Namely, this article shares how to eliminate car payments altogether by paying cash for your next vehicle.

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6 Tips for New and Expecting Parents

Ask any parent and they will gladly confirm without hesitation -- kids change everything.

Becoming a parent is an immense blessing that changes our view of the world, our capacity to love, and our priorities. No doubt, having kids can therefore drastically change our finances. Adjusting to the new norms and overall financial impact of raising a child can be a challenge. These 6 financial tips can be a helpful guide to any couple who is preparing for or has recently become a new parent.

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How to Reduce Your Monthly Cell Phone Budget to as Low as $10

Twenty years ago a “cell phone” category didn’t even show up on a budget, while today the average American spends more than $100/month for cell phone service.  In this blog post I want to tell you about a way to bring your monthly cell phone bill closer to that of 1995 ($0), than 2015 – and I’m not asking you to give up your cell phone!

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How to Save 44% on Your Grocery Budget without Ever Clipping a Coupon

Every dollar that passes through our fingers is God’s. Our job is to be good stewards of it. Big or small, every purchase is important when we take this view of money.

Therefore, the next series of blog posts will feature practical tips on how to be wise with money in your everyday life. My hope is that this blog post might help you to spend less money on groceries and that you may use the freed up funds in a way in which you feel God is calling you.

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10 New Year's Resolutions to Improve Your Financial Situation: Part 1 of 2

I’m a fan of New Year’s resolutions - and setting goals in general - because I find that they help me to focus on the things that are most important and they help me to live more intentionally.  

In order to help others steward their resources in a more meaningful way, I’ve put together a list of 10 potential New Year’s resolutions that will help you to improve your financial situation.  I’ll share five today and then five more next week.  

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Cash Flow: The Foundation of a Financial Plan

The financial world is complex and trying to predict where the stock market is headed, what the average inflation rate will be, or what the Social Security program may look like in twenty years is challenging, if not impossible.  But these are all things over which you as an individual don’t have control.  Rather than worry about the items that you can’t control, my recommendation is to focus your attention and energy on the things that you can control.

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20 Personal Finance Tips I Learned in My 20s: Part 1 of 2

Last week I hit a milestone in my life – I turned 30!  I thought that this would be a good opportunity to look back on the last decade and recall some of the lessons that I’ve learned concerning my finances.  Regardless of your age, I hope you find value in these ideas.  Because the list was rather long, I decided to share 10 tips today and 10 more in my next post.  Enjoy!   

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