The true cost of consumption
Did you know that when you spend money it costs you more than what you spend? Yes, remember compound interest? If you spend/consume $1000 per year, which equates to $83.33 per month, for the next 40 years, do you know…
The Rule of 72
Unless you have had a finance class or an accounting class, you might not have heard of the Rule of 72. Why is the Rule important? It’s an easy calculation to see when you can double your money. Let me…
What is going on?
I am at a loss regarding the direction our country is taking. We are embracing immorality at an alarming rate. What happened to the tenets upon which our nation was founded? We have forgotten that this nation was founded on…
Rebates
In this day and age when the economy is bad and almost all of us have to watch where our money goes, it is wise to take advantage of rebates. Staples has one of the best rebate programs around. They…
China’s economy will surpass America’s
I changed the title of my post to more accurately reflect the contents of this post. This morning I read a very disturbing article by Brett Arends, a senior columnist for MarketWatch and a personal-finance columnist for The Wall Street…
How to eliminate debt Part 2
Okay, so you’ve done the previous six steps. What’s next? If you downloaded the budget, you will see that it has a certain percentage of income that should go to each debt category. For example, housing is 38%. Keep in…
Can you really get rich quickly?
How many of you wish you were rich? Do you wish you didn’t have to worry about money? Are you intrigued or worse yet seduced by those ads that promise you to show you how to get rich quickly? This…
Seven Statements From the Cross
MRHerrera Financial Ministry Jesus gave seven statements from the cross. As we near Easter, we need to reflect on what our Lord did for us on that day. He took all of the sin of the world on His shoulders.…
How to Eliminate Debt
Is debt something that you are experiencing? Do you have too little paycheck for too many bills? Do you want to get out from under debt? Are you and your spouse constantly arguing about money?
