My wife and i recently reviewed our expenses and cash flow to see if our current budget structure is working for us. We realized that since we are not 10% using the envelope system it makes more sense to have a separate expense account, as we were spending more than the budget amount on items …
Financial Stewardship is a discipline and a virtue that all of us should exercise. According to meridian dictionary, stewardship is “conducting, supervising, or managing of something; especially: the careful and responsible management of something entrusted to one’s care” I will break down the elements described in this definition; hopefully at the end, we will appreciate …
As i was browsing the internet this morning, my eyes caught the attention of a personal finance title with the heading “The 5 Dumbest Things You Can Do if You Have too Much Debt”, and clicked to read the article. I thought that the article highlighted some very important points that anyone who is getting …
The Five Shortcuts That Will Lead to Financial Misery Read More »
We trust that you had a joyous Christmas holiday with family and friends – or however you spent the holiday. This has been a busy year for most people especially in financial blogspere. Here at kick debt off, we have been on down low – on the blogsphere but pretty busy at home. We were …
Today I will ask readers and experts out there to share with me and others who may be asking themselves these investments questions: How do I determine the right mutual fund for my investments? Do i need a fund manager or can i do it myself? What are the red flags to watch when getting into …
I was recently approached by a book promoter to do a review of the book that is related to the subject matter that i talk about here at kickdebtoff-A Christian Perspective of Money & Debt. On Monday i posted an excerpt from the book “The investment that counts most” and today i will give my review …
I sat this weekend and watched a documentary that aired on CNN called I.O.U.S.A. that tells the story of the rapidly growing national debt and its consequences for the U.S. economy, the current, and future generations. It was a shock to realize the immense amount of debt that the US government is carrying. The projected …
Motivation is defined as – giving an incentive for action; to cause, or to prompt; Example: “This moved me to sacrifice my career” When we began the journey and the process to be debt free, we knew that it was going to be a long steep journey. We were prepared for the walk to become …
Most of the electronics gadgets are technology driven. This means that because of the technology revolution and change, today’s technology will possibly be obsolete in less than a decade. Before you invest in that electronic gadget that you have been planning to buy, answer some of these questions, bearing in mind that the way you …
With more people getting into debt each day, knowing where you are headed financially is important to determine your next move. Do you keep going? Do your make a legal-U turn? Or do you accelerate in the same direction? The local TV broadcast featured this financial fitness test and i thought it is a great review …
