Nearly everyone has expenses that vary over time.  They may be large lump sum payments, such as property taxes or premiums for car or homeowners’ insurance.  They m [...]

The fundamental idea of any investment is risk vs. reward.  In this post, we’ll look at the fundamental tool for managing risk – insurance. (more…)

I decided to try a thought-experiment this morning about saving for retirement.  I hear various people bouncing various numbers around – 10%, 12% for women, 15% for coup [...]

There are two common schools of thought with regard to renting vs. owning your home.  One says that rent is money down a rat hole – buy as soon as you can.  The oth [...]

So let’s say you’ve decided you’re going to save 15% of your income, or give 20% of your income, or devote one third of your net income to paying down debt.  But those a [...]

In my last post, we looked at the Bible’s lower bound on giving – a “tithe,” or tenth.  Ten percent is the portion that God says is already His.  But the Bible also encourage [...]

This is an area that I feel most other personal finance sites omit.  They look at charitable donations as tax deductions if you make them, but don’t talk about them from a bu [...]

“Arbitrage” is a term you might or might not hear actually used in financial circles, but it’s almost always how money is actually made.  You can look up the economics c [...]

Let me start by welcoming you to this blog.  I don’t know where you’re from, or how you found it, but thank you for coming to share the thoughts I post here. (more…)