We’ve finished the first full week of June and welcomed in the [unofficial] start of summer last week! Funny how Spring, Fall, and Winter never get an ‘unofficial early start.’ I do love summer and hope you’re off to a great start! Start Summer Right With Some Great Articles 1. An Easy Way to Save Money – Free Money Finance 2. How Much Money Do I Need To Retire – Canadian Finance Blog 3. Who Can Sign Up For Medicare?... Read more
An emergency fund needs to be a part of every person’s financial picture. There’s just something about having money set aside for emergencies that can really alleviate worry and help you to meet other financial goals that you’re working towards. If you don’t know where to start with an emergency fund, I’d recommend starting with a $1,000 goal. This is pretty common among financial experts as $1,000 can cover quite a bit of unexpected expenses. If you’re a fan of... Read more
You’ve probably heard that inflation is defined as “the gradual increase in the price of goods over time.” Sounds like a simple definition of inflation, right? Well, not quite. The gradual rise in price is only one part of inflation. Think of the rise in price as the ‘second half,’ ‘part II’ or ‘the symptom’ of inflation. Ok…so it doesn’t really define inflation then, does it? Let’s see what Webster’s dictionary defines inflation as: “a continuing rise in the general... Read more
There are lots of ways you save money while traveling. My wife and I just got back from a trip to Mexico and spent 25% less on this trip compared to a similar trip three years ago. How did we save money on traveling this time around? We used some of these tips below. 1. Save in the small things The small things add up, especially while you’re on vacation. We saved money by bringing our own granola bars, chips,... Read more
Last week I heard about Paypal founder Peter Thiel offering $100,000 to 20 college students under 20 who would skip college to pursue an entrepreneurial venture. Thiel’s goal is to encourage young entrepreneurs to take a 2-year break from college to implement their ideas in technology and science. The program isn’t meant to discourage education, but champions the ideas of young visionaries and encourages them to be world changers. Greed over education? Ok, but doesn’t this encourage young adults to... Read more
If you’re new to Faith and Finance, you’ll see a new ‘stats’ post every month showing the growth of the site. It’s exciting to see how many people are a part of the community at Faith and Finance and I love to share the growth stats with you! Exciting Stuff! Subscribers keep moving upward – almost 35% in May! Visits increased 40%!! Here are the other details if you’re interested. It’s awesome to see how Faith and Finance has... Read more
I was listening to the radio yesterday and heard an advertisement for a local business that was ‘Christian owned.’ It wasn’t the first time that I had heard the commercial, but this time it made me think about something. Should Christians always try to support Christian owned businesses? Does a Christian business automatically trump other businesses in service? Is it a duty for a Christian to support a Christian business? While these questions don’t require a solid yes or no... Read more
I absolutely love a good negotiation. It’s one of the building blocks for basic economics! In order for an exchange to happen between two parties, they must first agree on a price. If a proposed price is unacceptable for one party, the exchange will not happen. With this in mind, you can still feel good when you talk down a price somewhere because they wouldn’t sell it unless they’re going to benefit from it in some way. I was in... Read more
We’re giving away another $25 Amazon gift card this month! Last week we gave away Dave Ramsey’s book Total Money Makeover, so I thought it be good to let the winner buy their own book this week. :) It’s been really rewarding building Faith and Finance and it’s awesome to have readers like you to keep it going, so thank you!! We want everyone to have a chance to enter, so here’s how you can: If you’re new…. Become a... Read more
I started a new reading plan this week and today’s reading led me through the first half of the book of Job. It’s always interesting to read through parts of scripture after a while because I’ll always pick up new things and view the lessons in a different light. Right away, we learn that Job is the richest guy in the land. Pretty good setup if you ask me. He had a beautiful family, plenty of land and lots of... Read more
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