Category Archives for "Smart Spending"

5 Things You Should NOT Use Debt To Pay For

We live in a culture where debt is assumed to be essential for everything. The Bible tells us that the borrower is a slave to the lender so we should be vigilant in our efforts to avoid becoming financial slaves.  Here are the things I would not use debt to purchase: A Car. Financing something […]

How to Avoid Over-Housing

Forbes contributor, Joshua Becker, asks, do you really need that much home? His insightful article points out that we regularly only use 40% of our living space. Yet, Americans carry high mortgages and live with the stress of financial burden. More is not always better. A small home is typically less expensive, easier to maintain […]

If You Are Buying A Car, Don’t Do This

British comedian John Oliver recently took aim at the rampant rip-off that currently takes place in the auto-lending sector with BUY HERE – PAY HERE loans. These are loans that make it easy to purchase a car on credit but with high interest rates and severe penalties for missing a payment or default.  These are […]

Lessons from Dallas Cowboy’s Running Back and His $2 Car

Originally posted at Christian Post July 29, 2016. Dear Chuck, I was intrigued by a story I saw recently about the Dallas Cowboy’s running back, Alfred Morris, who signed a $3.5 million deal on top of more than $3 million he made playing for the Washington Redskins, and yet he still drives a 1991 Mazda 626 he […]

Do You Have an Offensive or Defensive Financial Strategy?

Now the correct answer is that it is important that you have BOTH. But you may be thinking you have neither! Okay, time for some coaching. A winning sports strategy involves a strong defense and a strategic offense. When both of these tactics are in place, the results can be far greater than one without […]

Can You Afford to Let Your Teenager Get Their Driver’s License?

Ann and I have 4 boys. Three have passed the monumental age of 16 without getting their coveted driver’s license. Yes, my wife and I delayed this process due to concerns for their safety with teen crash rates soaring higher than any other age group. But there is also a financial consideration. Did you know […]

5 Tips for Staying Safe on Craigslist

Originally posted at Christian Post April 29, 2016. Dear Chuck, I’m a little afraid of selling things on the Internet. This month a man was sentenced to life in prison for helping his stepsister beat to death a man she met on Craigslist that she intended to rob. She’s in prison now too. So many people I […]

6 Basic Financial Moves Everyone Can Make

I am often asked to share basic financial moves. Here are my top six: 1. Make giving to the Lord’s work your top financial priority. The Bible calls us to honor the Lord with the first fruits of our wealth. I believe 10 percent of our gross annual income is the starting goal. 2. Have […]

Shopping + Emotions

According to Heather Gilmore, a writer for The Dollar Stretcher, “Emotions can lead to the desire to shop or, on the other hand, shopping can lead to emotions. Shopping can be prompted by sadness, grief, loss, insecurity, guilt, and excitement.” Shopping can create a pleasurable experience making people want to experience the “high” again. The […]