Weekly list of curated personal finance articles from around the web. Americans lost $5.6 billion last year in cryptocurrency fraud scams, the FBI says (Associated Press). Beware the new online “friend.” The buying power of your credit card points is tanking (Wall Street Journal). Shrinkflation comes for your credit cards. My spending rules (Humble Dollar). […]
Archive | Faith & Finances
What Matters More — Your Spending Rate or Your Saving Rate?
Those of us who write about money for a living can get a little carried away by some of the nitty-gritty details. That seemed to be the case in a surprisingly impassioned debate that sprang up recently over what a person’s higher priority should be—controlling spending or controlling saving. At first, it seemed kind of […]
You Can Afford It, But Should You Buy It?
How well we manage money has much to do with getting some of the big decisions right. How much should we spend on a house? Should we finance a vehicle? Other financial decisions can be simplified by using a Cash Flow Plan and taking an objective look at how much a household of our size and […]
Where Are You Setting Your Hope?
I came across a new phrase that I really like in John Eldredge’s latest book, All Things New (which I highly recommend). He wrote about “shepherding our hope.” I’ve never thought about hope that way, that’s it’s something to be shepherded. This idea has the potential to very positively transform our relationship with money and what […]
How Serious Are You?
When Hal and Dee were in their mid-fifties, they found themselves with $50,000 of credit card and tax debt. That would have been bad enough, but they had been there before, which only made it worse. They had been riding a financial—not to mention emotional, spiritual, and marital—roller coaster for years. Repeating history Early in […]
Profitable Ideas: Yet Another (Big) Data Breach, Beware the Wealth Effect, and More
Weekly list of curated personal finance articles from around the web. Hackers may have stolen the Social Security numbers of every American. Here’s how to protect yourself (LA Times). A security freeze at the three national credit bureaus is your strongest line of defense. So much about real estate commissions just changed. Here’s what to […]
Profitable Ideas: The Great Wealth Transfer, Saving Early and Often, and More
Weekly list of curated personal finance articles from around the web. Talking inheritance (FaithFi). Boomers are expected to transfer trillions to their heirs by 2030. If you’re going to leave some money behind, it would be helpful to have a conversation with those who will receive it. Finance apps can be great for budgeting. But, […]
‘Much Obliged’
Writer Fulton Oursler had vivid memories of an old woman named Anna who helped care for him as a child. When she sat down to eat she would say, “Much obliged, dear Lord, for my vittles.” Oursler wondered why she thanked God since she would get the food regardless of whether she gave thanks or […]
The Single Most Powerful Antidote to Our Consumer Culture
Every day of our lives, we are the unwitting recipients of countless messages designed to foster discontentment. And they work really well, convincing us that we need something more in order to be happy. In order to be worthy of love or respect. According to one study, more than 60 percent of us always have […]
Profitable Ideas: Keep Your Number to Yourself, Less Stuff Rules, and More
Weekly list of curated personal finance articles from around the web. When companies ask for your Social Security number, try saying no (Wall Street Journal). Organizations are free to ask, but you’re free to say no. The global loss of the u-shaped curve of happiness (After Babel). Lengthy article, but on an important topic. While […]