Money Management Articles

The backbone of good financial money management is in the steps that you can follow in the navigation bar on each page but we have also included much more information on this site to help you with your finances. Along with the backbone pages these additional articles will help you in your journey to financial freedom.

We wanted to put them all together here so that you can take a look at them and decide what else you need to read to help you out in your individual steps to financial freedom.

Let us know if there is a topic that you would like us to cover on the site. All that you have to do is contact us and let us know what you would like to see us add to this money management articles page.


Debt Facts The purpose of this page is to give you credit card debt facts that will show you just how bad debt really is.

College Savings Plans To be able to fund a college education you need to choose one of several college savings plans. There are options in saving for college similar to retirement savings.

Life Insurance The purpose of life insurance is to provide income for those who would be left without income if you were to die.

Car Insurance Car insurance is needed by everyone who owns and operates a vehicle.

Debt Consolidation You may be asking, should I use debt consolidation? Debt consolidation is a practice that is good in theory.

Mutual Funds Investing in mutual funds is not as difficult as some would have you believe.

Good Investment Strategy You can't invest in mutual funds like a leaf blowing in the wind; you must have an investment strategy.

Example Monthly Budget Worksheet Let's take a look at a personal monthly budget worksheet example. Below is a monthly budget for an average family that has two school age children.

Kids and Money Many people ask how we should teach our kids to handle money. The most important thing is very simple. We as parents need to be the example.

How to handle and Upside Down Car Payment An upside down car payment is when you owe more for a car than the car is worth if you sold it.

Ideas for Earning Extra Income When you are trying to get out of debt, you need to earn some extra income.

Should You Use Credit Cards I thought that I'd better give you my thoughts on credit cards since this is a website about the scourge of debt.

Pay Your Taxes Many of us think of tax filing as a dirty word but no matter what you think, you must pay them.

Interest Only Loans After seeing a TV commercial touting the monthly savings that could be realized by interest only loans I thought to myself, who could be that crazy?

Zero Interest Loans Should you use zero interest loans to purchase cars?

Using KBB Values Let's talk about using KBB values to buy used cars now that we have convinced you not to take that big depreciation hit that comes with purchasing a new car.

A Debt Elimination Technique If you're looking at this page right now I’m sure that you are looking for a debt elimination technique that will help you get out from under you personal mountain of debt. Hopefully you’re not looking for the magic pill that will suddenly dissolve your debt problem.

Flexible Spending Accounts A flexible spending account(FSA) is a good way to save a little tax money and assure that your families medical needs are met. An FSA is a tax-free account set aside for medical expenses.

Investement Property Many people tout buying investment property as a quick way to riches. Although many people do well with investment property it can be a dangerous road.

Impulse Shopper It is difficult to cut your spending if you are an impulse shopper.

What Is An IRA I think that many people are confused about exactly what an IRA is. It appears that many think that there is only one IRA and the IRA is the investment.

Don't Break Your Christmas Budget Many people roll into Christmas buying presents for everyone with credit cards. They break their Christmas budget and dread seeing January come around when the bills start to arrive.

Compounding Interest One factor that can either help us or hurt us is whether we are paying or earning compounding interest.

How Much Insurance Do You Need How much insurance do I need? This is the question we all ask as we are researching our life insurance needs.

Sould Students Get A Credit Card Are student credit cards bad? In this article we are going to cover sound ideas for college student money management.

Extra Charitable Giving Let’s discuss extra charitable giving. Although giving from a Christian standpoint is usually seen as a tithe or ten percent we often come across situations where we would like to support other charitable organizations or help others out.

The Alternative To Cosigning For A Loan What is the best alternative to cosigning for a loan? Fortunately there are some alternatives and our recommendation is the wise choice, although it may not be the popular choice.

Make Sure You Have A Will Something that we all need is a will. I know that you think you’ll never die but sooner or later it happens to all of us.

Mortgage Interest Tax Deduction MythThe mortgage interest tax deduction myth states that you should try to always keep your home mortgaged.

The Cost Of Vehicle Ownership Let's take a look at the cost of vehicle ownership. To do this we'll assume that a family owns two vehicles and buys a new one every ten years.