Site Archives Budgeting

Build a Huge Nest Egg


Build a Huge Nest Egg
 
 
You can build a huge nest egg for your later years simply by living below your means.  Does it mean driving a car that should be abandoned in a junkyard?  Not really.  Does it mean eating oatmeal seven days a week and drinking only water?  Not really, but perhaps […]

Debt vs. Deficit


 
Debt vs. Deficit
 
What is debt?  What is a deficit?  Do the two words mean the same?  We often hear the two used wrongly and completely out of context.  In simple terms, we can explain the differences in this way. 
 
A deficit is the amount by which a sum of money falls short of […]

Counting the Cost


Luke 14:28-30
“But don’t begin until you count the cost.  For who would begin construction of a building without first getting estimates and then checking to see if he has enough money to pay the bills?  Otherwise he might complete only the foundation before running out of funds.  And then how everyone would laugh!  […]

Making Small Sacrifices


Making Small Sacrifices

You CAN do WITHOUT these things:

Cable TV
Call Waiting, Call Forwarding, Conference Calling
Gourmet coffee drinks/snacks
Hobby acquisitions and/or expenses
Lodging expenses at the beach, mountains or other destinations
Massages and manicures
Movies
New clothes
Restaurants
Sports events
Unnecessary vehicles (all new vehicles)

Your thoughts on this subject? Your comments appreciated!

Five Things You Can Do With Money


Five Things You Can Do With Money

There are only five things you can do with money.
1.    Give it.
2.    Save it.
3.    Invest it.
4.    Lend it.
5.    Spend it. 
Notice where spending comes in that lineup: last. Spending should never be the first thing you do with your money. Because the proper management of money is specific and […]