Pay Off Debt Without Earning More, Changing Your Habits, or Spending Less

I hope you opened this article simply because you decided that I've had some type of mental breakdown.  The truth is you can't pay off debt using the method in the title. I was driving around in my car the other day and there was an advertisement for a weight loss pill or drink mix.  The ad promised that you could lose weight without exercising and without eating less. WHAT?! There should … [Read more...]

5 Profitable Low Risk Options for Investing a Lump Sum of Cash

After months of attempting to transfer funds from the sale of our house from PNG to the USA, we finally were able to get the first batch of funds transferred into our US bank account.  Since we're currently very content renters, we've decided to delay buying a house.  We may wait four months, or we may wait four years.  We have no idea, and we love the flexibility renting offers. However, now … [Read more...]

Be Aware! Don’t Be Deceived By Calling Your Debt Good

It's time for us to move past the archaic debt designations of good debt and bad debt. Instead, we ought to re-evaluate our debt situations to see if we can find a new paradigm for how we can evaluate the blessedness or burden level of our debt. The most important thing that must happen is we must recognize that debt brings some sort of negative pain or consequences.  It doesn't matter how … [Read more...]

6 Persuasive Reasons Not to Track Your Investments with Financial Software

In preparation for my post on my new favorite budgeting software, I was originally explaining why I no longer want a personal finance software that tracks my investments. The explanation got longer and longer until I finally realized the material need its own post. This post. 6 Reasons Not to Track Your Investments In Your Financial Software There is no value in watching your … [Read more...]

Best Budgeting Software | Why Mvelopes Won My Heart, But I Still Recommend YNAB

Let's start with a boring reminder: there is no best. When I refer to the best budgeting software, I'm talking about the software that is best for me and my situation.  The closer your habits and preferences mimic mine, the more likely you are to have the same preferences. Back in 2011, I wrote about the best personal finance software, and I crowned MoneyDance as the King of the software. … [Read more...]

How I Consistently Get Thousands of Dollars of Free Flights Annually

With all the anti-credit card sentiments out there, I usually try to repress my true feeling about credit cards. Occasionally, I slip and say positive things about credit cards. I think my last positive mention was during the British Airways 100,000 mile promotion. Here's a basic summary of my thoughts on credit cards. If you are organized and disciplined, using credit cards can be anywhere … [Read more...]

Mastering the Art of True Passive Investing | A Guide for Worry Free Investing

The first few lines of a recent blog post at Sound Mind Investing said: After falling roughly 18% in two weeks (and scaring many investors half to death), the stock market bottomed August 8th at just under 1120. Since then, it has bounced back and forth between 1120 (white line) and 1220 (red line)... For between 3 - 4 years, I've been a subscriber of the Sound Mind Investing Newsletter.  It is … [Read more...]

The Simplicity and Complexity of Debt

Debt. It's a huge issue facing North American Christians and churches.  It is debt that is choking.  Straining.  And burdening so many people. Debt is consuming resources like money, time, mental energy, and focus.  Those resources ought to be devoted to other more important things.  But they can't because future funds have already been committed to pay for things people couldn't afford … [Read more...]

Money Saving International Travel Tips | Lessons Learned from Three+ Months of Travel

I was writing a random post about our furlough, and at the very end of the post, I realized that there was a great opportunity for me to share some of the things we did on furlough to save money traveling. However, the suggestions were too many to tack onto the bottom of that post, so I decided to break up my thoughts into an independent post. Money Saving Travel Tips 1. Fly Southwest … [Read more...]

How To Get Out Of Debt: Channel Your Impulse Buying

One of the most effective methods that we decided upon when figuring out how to get out of debt, was to channel our impulse spending. This has helped us to both get out of debt faster and to develop discipline with our finances. How to Get Out of Debt by Evaluating Expenses In talking with people about their finances, I've found that one of the problems that many people face when trying to … [Read more...]