Tag saving

When should you start to save?

      I have been asked when should you start to save. My reply is very simple. You need to start saving when you starting receiving any type of money. Does this mean your children should be saving? If…

What is money for?

Before I became a Christian, I used to say,”What is money for, if not to spend.” You make money so that you can buy what you want, right? WRONG! You can do the following three things with money: You can…

Are you too old to save for retirement?

  Many people who are in their early 50’s might have been unable or even unwillingly to save for their retirement. Now they are wondering if they are too old to save for retirement. Liz Weston from MSN Money addressed…

The lesson of the tortoise

I am sure that many, if not all of you, have read the children’s book The Tortoise and The Hare. If you have not read the book, it is the story of a rabbit challenging a tortoise to a race. Well, we…

Save, Then Invest

Let me tell you why you should save and then invest. Saving and investing are not quite the same. Yes, you do put money away and earn interest or dividends. However, when you save money, you want to be able…

Indulging your inner child

Are you indulging your inner child?Before you answer, “No”, think about how many times you have wanted the latest iPad, iPhone, or other gadget, a new car, a bigger house, or whatever. Did you deny yourself the item or did…

Remedies for money mistakes

In my last post, I pointed out money mistakes to avoid. In this post, I’ll tell you how to remedy those mistakes. Mistakes 1-4: Buying a new car. Leasing a car. Not maintaining a car. Replacing your car before you’ve…

How to handle a money emergency

If I were to ask you if you used credit cards on a regular basis, the majority of you would say, “Yes.” Most Americans carry one or more credit cards. Some carry ten or more. In fact, several people with…

How to achieve financial freedom

In order to gain control of your finances and achieve financial freedom there are some “Do’s” and “Don’ts” that you want to keep in mind: Do Make a spending plan. Use cash. Cut-up your credit cards. Figure out how much…