Money Lesson from the Sports World: It’s Not What You Make, But What You Keep

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! Continue Reading ->

Four Costly Myths About Credit Cards

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: Continue Reading ->

Credit Card Balance Transfers Can Save You Money

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 […] Continue Reading ->

Get Your Free Credit Score

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 […] Continue Reading ->

Is Now a Good Time for a Pastor to Buy a Home?

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 […] Continue Reading ->

Pastors Save Money by Refinancing Your Home

Now is a great time for pastors, missionaries, or other Christian workers to save money by refinancing your home. Mortgage rates have dropped to their lowest level EVER!  Yes, I did say EVER! The average rate on the 30-year fixed mortgage fell to an all-time low of 3.94 percent this week, and the average rate on […] Continue Reading ->

Thriving Through Thrift

Anne Simpkinson over at Guideposts wrote a story about a topic that, at face value, seems to be an oxymoron:   How to thrive through thrift. She’s focusing on debt reduction this year, which put her in the mindset of deprivation, feeling that she’d have to give up so much stuff in order to get […] Continue Reading ->