Please Don’t Let Your Bank Make Your Financial Decisions

Did you know that the bank controls more of our decisions than we’d ever care to admit? The typical procedure in buying a home: “Hey, honey, you wanna buy a new house?”  “Sure, baby.” I hope there is a little more discussion than this, but eventually husband and wife decide to buy a home. Now it’s time to decide how much house can we afford. “Hey, honey, you wanna go to the bank and … [Read more...]

Cash Back Debit Card | How to Get More Cash Back with PerkStreet Financial (Limited Time Offer)

Editor's Note: This post was updated Oct5th, 2010 at 7:00 p.m. EST to clarify some details I misunderstood about the PerkStreet Financial holiday promotion. For the last several months I’ve been hearing about PerkStreet Financial and their cash back debit card. My first reaction – what?! A bank that encourages you to spend, not save! Then I realized that we spend money all the time, and so … [Read more...]

Four Professionals You Should Contact When Buying a Home

The following post is by Darren from More Than Finances. Purchasing your dream home is a big investment with many variables. From finding your home, making an offer, getting financing, and closing the sale, professionals can protect your interests as you go through the process. Here are the four main people, along with a description of how they help you. Real Estate Agent This is the person … [Read more...]

Christian Lenders | Should Lending Be Abolished?

This week I’m continuing to think through the implications of the statement: the borrower is slave to the lender.  How does this impact Christian loans and Christian lenders? Perhaps, I’m wrong, but taken at face value, this passage (Prov. 22:7) seems to indicate that any Christian who lends would then be a master.  Since the Bible says we have only one master, then it seems as if it would be … [Read more...]

How To Pay Off A Mortgage Early

Once you’ve asked if you should pay off your mortgage early, it is time to ask, how can I pay off the mortgage early? This is the fun part. Let me start off by saying that you shouldn’t need to pay someone or buy a product to help you pay off the house early. Instead, simply send the bank extra payments to add to your principal whenever you have money to pay towards the debt. [pullquote]Make … [Read more...]

Avoid Bank Fees: Money Saving Monday

Being in PNG has given me some wonderful exposure to ‘creative bank fees’. Last week Friday, I had a Term Deposit (TD) that matured (a TD is just like a CD).  The TD was actually matured 6 months ago, but against my written instructions it was reinvested for another six months.  I did my best to fix the problem, but let’s just say things work differently here in the South Pacific.  I … [Read more...]

Car Loan Payment or Pay Cash For A Car?

When shopping for a new car one of the first questions a dealer will ask you is – what kind of car loan payments are you looking for?  If you answer that question, you just cost yourself thousands of dollars.  Instead, when you buy a pay cash for a new car.  In other words, you should look at total purchase price, not the monthly car loan payment amount. Save Money On Your Car Loan Payment: Buy a … [Read more...]

Send Money or Transfer Money With These Fast Free Ways

Perhaps you’re one of those folks who have been hiding in the background wondering if all this new fangled technology is really safe.  Internet banks and internet transfers have, I believe, proven themselves to be safe and secure methods of exchanging money.  If you are still using the old check and stamp method, perhaps this post will convince you to take the plunge into the world of fast … [Read more...]