Thanksgiving, Christmas and a New Year

Instead of posting an article for each of these holidays I decided to make one combined post. The first thing I want to mention is the one thing I’m most thankful for, Jesus. God loved us so much that He sent His one and only Son to die for our sins. A son who was blameless and perfect. Someone who never deserved to be beaten and murdered. But God sent Him anyways because His love for us is greater than we could ever fathom. I know 2016 might not have been the year you wanted it to be but God still loves you. No matter what happens, His loves will never waver, never change, never lessen. That is defiantly something to be thankful for. Continue reading “Thanksgiving, Christmas and a New Year”

It’s Finally Over

You know what I’m talking about, the elections. No matter how you feel about your local, state and federal elections, the fact of the matter is, they finally all are over for this year. I’m pretty sure I just heard the entire US cheer but any polls you read would defiantly show the opposite. I know, it was a bad joke but I’m not even going to delve into politics with this post. What I will delve into is something I’ve been talking about since I started this blog and it’s something I will be talking about for a very long time. Continue reading “It’s Finally Over”

Is Your Net Worth Average?

One of my most read and most popular blog posts I’ve written was about the average retirement account size by age group. Instead of just looking at retirement accounts, I want to look at total net worth as well as debt. In 2011 the US Census Department took their latest gauge of Americans net worth as well as their debt levels. Even though the census bureau collected this information right after one of the worst recessions in US history, I still believe the results are worth looking at. Continue reading “Is Your Net Worth Average?”

The Greatest Retirement Loss…Fees

Fees come in all sorts of shapes and sizes when it comes to your retirement savings. Everyone wants a piece. At the end of the day it can feel more like your saving just to profit financial institutions and the government. It can be incredibly frustrating but it is just a part of life. You have to try your best to limit and avoid these fees at all cost. Otherwise your savings will be eaten away and strangled by the crushing weight of the following fees. Continue reading “The Greatest Retirement Loss…Fees”

In Defense of an Emergency Fund

I read an article recently on Investopedia that came to the conclusion that emergency funds are a bad idea. This is troubling to me because the one guarantee in life is that nothing is guaranteed. You could loose your job, your house could be damaged from a storm or you might have an unexpected hospitalization. This list could go on and on and on but life is full of the unexpected. Insurance isn’t a perfect safety net nor is it an excuse to forgo emergency savings. Nor is the idea that if I really need the money I could always borrow it. Debt as an emergency fund is the perfect recipe for a disaster. So what is the argument against having an emergency fund? Continue reading “In Defense of an Emergency Fund”

The Greatest Retirement Gift…Time

I try my best to not give generalizations when talking about retirement savings. You will hear all sorts of numbers thrown around. For example, you need a million dollars saved by the time you retire. Or you need to save 15% of your income each year. Or you need to base your retirement savings on a 4% withdrawal rate once you retire. These are common suggestions that we hear but I personally find most of these generalizations to be rubbish. Continue reading “The Greatest Retirement Gift…Time”

Why Credit Cards Suck

One of the best things about my generation, the millennials, is their rejection of credits cards. A survey by Bankrate showed that 63% of millennials have rejected credits cards altogether. I personally think this is a great thing and long overdue. But I constantly see articles about the pros of having credits cards, why their needed and why the millennials will pay for not using them. Today I want to explain why credit cards suck and why your better off without them. Continue reading “Why Credit Cards Suck”

How to Deal with Financial Uncertainty

In life we have all sorts of unknowns. It is something we have to deal with on a daily basis whether we want to or not. One of the areas of life where uncertainty is the most unwelcome is our finances. During market downturns you can easily lose tens of thousands of dollars in a few short days. These loses, or even the fear of impending loses, can create a lot of stress and anxiety. So how do we deal with this constant uncertainty? I believe the best way to discuss this topic is from a Biblical perspective. Continue reading “How to Deal with Financial Uncertainty”