Budget. It’s amazing how one simple word can elicit so many strong feelings. Bondage, boredom, failure. Restrictive, tedious, controlling. A lot of people only have negative connotations when they think of budgeting, because of what they have heard and experienced.   If you think of a budget as an 8 ½ x 11 (or digital) jail cell, I’m sorry. You’ve been mistaught and abused. It’s not supposed to be that way. View post

Though it doesn’t feel like it yet, fall is on the way and colleges across the country are getting back into the swing of things. And parents and students alike are writing some of the biggest checks of their lives.   About 10 minutes from my house is WSU Vancouver, where classes start today. Over there, people are shelling out about $500/credit this term.   Would you believe me if I told you that you could earn credit towards their degrees for only $33/credit?   Yep, it’s true. I didn’t attend WSU specifically, but I earned 18 credits that they accept towards their degrees for only $33/credit. I even earned 6 credits for half that, a whopping $17 per credit.   Am I some sort of higher education financial contortionist? Not really, though it sounds cool. Am I blackmailing the dean? Never! (I’m offended that you’d even think such a thing!)   Then how did I accomplish this fiscal ...

It can be hard to save for retirement. Especially for pastors who need to because they’ve opted out of Social Security. A lot of big denominations have pensions, but what about independent pastors? Non-denominational pastors usually don’t have workplace retirement plans. That doesn’t leave them with much more than an IRA. Or does it? View post

What can you do to get your offer noticed if you don't have a huge pile of cash? View post

God calls us to be generous and compassionate. But does he really want us to give money to everyone who asks or has a need? View post

If you’ve never had someone try to sell you an annuity, you’re either lucky or young. As you near retirement, you will have a plethora of “financial advisors” offering you annuities as the solution to your every financial need. Because of this, it’s important for you to understand what they are and when you would want one. View post

Yesterday was Father’s Day, so I’d like to take a break from discussing tedious financial topics in order to honor my spiritual father, Pastor Steve Fitzpatrick.   Pastor Steve has played an integral role in my development as both a person and a Christian. I’ve known him for as long as I can remember, and I find it fascinating to see how his influence in my life has shaped the way I view and approach the world.   View post

I recently received a message from a reader wondering what she should do with her extra income. Should she put the extra into retirement or towards paying off her house early? She was having a disagreement with a family member and wanted to hear my take on the issue. Well, here it is: View post

There are wealthy people all over the country paying their financial advisors thousands of dollars a year for financial advice. When it comes to investing, this is what they are saying. View post

If you’re reading this, you’re probably a licensed minister who has opted out of Social Security. I’ll bet you were thrilled at the opportunity to opt out of a system that is facing a perilous future and is quickly depleting its reserves. But was it really the right move for you? And are you maintaining your integrity by doing so? View post