4 Reasons Why Short Term Missions is Worth the Cost

In the next few months, we'll likely see another summer surge of short term mission trips. I think that's a good thing. I've even got some money where my mouth is. So, why would I, or should you give your hard earned money to a short term mission trip? 4 Reasons Why I Support Short Term Missions 1. It positively impacts the short term missionary. I can't say for certain, but one of the … [Read more...]

10 Often Overlooked Responsibilities That Come With the Ownership of Stuff

Part of missional frugality involves determining truly valuable items and focusing your spending there.  The reason is simple – sometimes it is more of a burden than a blessing to own stuff. As a reminder, today I want to put together a list of things we are often required to do with stuff.  Some of these things require even more money.  Some of these things require your time.  Some of these … [Read more...]

Child Care Costs: 7 Easy Ways To Save Money

Over the last decade or two, child care costs have grown exponentially and will probably get worse in the near future. This is due to the growing number of two-income homes that we have seen in this country. Here are a few things that you can do in order to reduce your child care costs. Look For Lower Child Care Costs at Churches Since I happen to live in the daycare capital of America (New … [Read more...]

10 Ways to Save on Laundry Costs

10 Ways to Save on Laundry Costs If you live in an area with lots of sunlight, ditch the dryer altogether and dry your clothes outside. We've been doing this for a few years now, and are very happy with the results and savings. Try to wash your clothes only when you have a full load. If you don't have a full load, use the machine's water level adjustment feature to save energy. Use hot … [Read more...]

Hyperbolic Discounting: Why Paying Your Credit Cards Off Is Like Going To The Gym

This guest post is by Tim Chen the founder and CEO of NerdWallet.com, a website that helps consumers to compare low apr credit card offers. Tim also educates consumers about credit cards and personal finance at the Christian Science Monitor, Forbes Moneybuilder Blog, and the Huffington Post.  If you would like to write you own guest post click here. Have you ever wondered why most of us have … [Read more...]

Debt and the Opportunity Costs of Not Paying it Off

When you make a decision to get into debt, you're also making a decision not to do many other things. Here are the three biggest opportunity costs of not paying it off. Opportunity Cost #1 - Your Future Retirement This cost will affect the day-to-day existence of possibly a third of your whole life. Some people may think that since retirement is so far away, they don't have to be concerned about … [Read more...]

8 Ways to Reduce Your Shipping Costs

Welcome to Money Saving Monday where we remind ourselves that community is the greatest money saving resource we have. Each month, you’ll have a chance to win one of two $15 Amazon gift cards.  Simply leave your tips and suggestions, and if it is a top pick of the month, you’ll get a $15.00 gift card. By the way, with just a handful of comments each day, you’ve got a great opportunity to … [Read more...]

10 Ways to Cut Your Commuting Costs

10 Ways to Cut Your Commuting Costs Carpool - Partner with one or more coworkers and take turns driving each other to and from work. You can cut your costs (parking, tolls, gas) in half or better - depending on how many people in your carpool. Public Transportation - If public transportation is an option in your area, it may likely be cheaper than driving to work every day. Telecommuting … [Read more...]

Save Money On Heating And Cooling Costs

10 Ways To Save Money On Heating And Cooling Costs Do an energy audit of your house, identifying areas where heated air is leaking out. Close off the leaks using caulk, weather stripping, and other appropriate means. When heating your home, turn down the thermostat by 3-5 degrees when you're at home. When heating your home, set the thermostat to 55 degrees, or turn off the heating system … [Read more...]

Should You Pay Extra For Maternity Insurance Coverage?

In light of the birth of my third child yesterday I posted about the average cost of delivering a baby.  As a follow up I thought we should ask this question – should you pay extra for maternity insurance coverage? It is becoming more common for insurance companies to add maternity insurance as an additional option (called a maternity ‘rider’).  For example, you might pay an additional $2,000 … [Read more...]