June 2012

When to Consider a High Deductible Health Insurance Plan


When it comes to saving money on health insurance plans the first consideration is usually the deductible—how high to raise it to keep the plan affordable? Generally speaking, this is the most effective way to keep health insurance costs under control, but it’s not always the most advisable. When ever you increase your deductible, you […]

Better to Have a Little With Godliness

True Wealth

There’s a verse in Proverbs that goes like this: Better to have little, with godliness, than to be rich and dishonest. (Proverbs 16:8) That’s a tough verse to accept, agree?  It’s especially difficult to take to heart when we live in a world that promotes materialism and getting rich quick. Now there’s nothing wrong with […]

When Savings Aren’t Enough

Personal Finance

Every budget includes a savings line where people try to put a little away for a rainy day. The problem with this scenario is that when it rains it pours and sometimes savings aren’t enough to cover an emergency, but you can still turn to payday lenders like this when times are tough. Even if […]

Five Ways to Cut Your Auto Insurance Premium


Car insurance is one of those expenses that come under the category of “necessary evil”. No one really wants to have it, but we must, either because of the real liability we’d be exposed to in the event of an accident claim, or simply because the law requires us to have it. But just because […]

Annuities for Children

Personal Finance
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In order to decide if an annuity for your child is a good idea, you should start by having a basic understanding of how annuities work. An annuity is a contract, or policy, between the policy holder and an insurance company. Annuities must have a beneficiary, or a person who receives all the money in […]

Are Gym Memberships Worth the Money?

Saving Money

Millions of people belong to gyms and since there’s a cost associated with doing so they’re also an expense that we in the personal finance world sometimes take aim at. After all, if you’re looking to cut costs you have to look at all expenses and especially those that aren’t completely, absolutely, positively necessary, right? […]

Should Christians Stay Completely Out of Debt?

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This is a sticky subject for Christians—or at least a very gray one—and it opens up a host of uncomfortable questions. In a world that runs on credit, how much should a believer take on? Should we go into debt at all? Is it possible for us to borrow money on a continuous basis and […]

Borrowing from a 403B

Personal Finance
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403B is a type of retirement savings account that is offered by some companies and sometimes borrowing from a 403B plan makes sense. Public school employees and people who work at non-profit organizations may have these plans. Although they should not be distributed before retirement, they can be borrowed against. 403B loans are not included […]