USA Today reported recently that former NFL star Warren Sapp has filed for bankruptcy, highlighting a lesson I learned as a teen: It's not what you make, but what you keep that really matters! … [Read more...] about Money Lesson from the Sports World: It’s Not What You Make, But What You Keep
The Wall Street Journal Guide to Starting Fresh is a great how-to guide for people starting over after a financial setback like a job loss, divorce, or death of a spouse. In it, author Karen Blumenthal shares four really costly misconceptions about credit cards: … [Read more...] about Four Costly Myths About Credit Cards
If you're carrying a credit card balance with a high interest rate, a balance transfer can save you big money. But it can also get you into more high-interest debt if you're not careful. Credit card companies are once again offering attractive balance transfer deals - the likes of which haven't been seen in four years. In fact, some are offering 0% interest for up to 21 … [Read more...] about Credit Card Balance Transfers Can Save You Money
Earlier this week, I shared 10 smart money moves to improve your finances in 2012. One of those smart money moves is to get your free credit score. What is a Credit Score? Anyone who has ever borrowed money has a credit score which informs lenders of your credit-worthiness. Your credit score is a three-digit number that is calculated by a mathematical algorithm that uses … [Read more...] about Get Your Free Credit Score
A reader asks: "Is now a good time for a pastor to buy a home?" From a number of perspectives, I believe the answer is YES! Now is a great time for a pastor to buy a home instead of living in a parsonage or renting. Here's why: Mortgage rates are at the lowest level ever. The average rate on the 30-year fixed mortgage fell to an all-time low of 3.94 percent this … [Read more...] about Is Now a Good Time for a Pastor to Buy a Home?