Dear Chuck, I am working hard to be better with money. What’s your best tip for getting out of debt? Debt Free in Three Dear Debt Free in Three, I am excited that you have a goal to be debt free. I am hoping that your phrase “debt free in three” is a three […]
Dear Chuck, My wife and I are newlyweds and struggling to spend less than we earn. Our parents agreed to help us until our first anniversary which is in February. To prepare for that date, we need help now. Spending Stress Dear Spending Stress, This has been a challenging time for many couples especially […]
With many things causing stress in today’s world, here is a short list of financial practices that will reduce your stress, make managing your money simpler, and generally improve your quality of life. 1. Spend less than you earn. It sounds easy, but this is too often our greatest financial challenge. The vast majority of people that […]
America’s tragic history of injustice towards minority groups has created a wealth gap that needs to be addressed and specific efforts need to be made to close it. Not through redistribution programs, but by following a Biblical plan that does not depend on government intervention, but rather, personal initiative. God created a system, which if […]
Dear Chuck, I wasn’t ready for the pandemic. My health has been fine but my finances have not. How can I get ready if we are faced with another crisis? Prepping for Another Pandemic Dear Prepping, I am sorry you were not ready for the pandemic but I am grateful that your health is […]
“Cash is King!” is a popular financial phrase used to describe the strength of adequate cash flow or cash reserves particularly during a crisis or downturn. It sounds good to the ears, is memorable and easy to believe, but it is not true. I happen to own a 100 Trillion-dollar bill. That is a one […]
The Crown team makes it a priority to “practice what we preach”. During this pandemic, as we recommend to cut back your living expenses by 25% for the next 90 days, we’ve made a list for you of the ways we’re doing that ourselves. There are some natural savings that happen when you follow social […]
Dear Chuck, I’m growing weary of our society’s overuse (and misuse) of the word love. I hear and see it in advertising, on social media and in conversations. If the first and greatest commandment is to love the Lord our God, it appears we’ve confused our priorities. It appears we love money more than Him […]
Dear Chuck, I make a good salary but am unable to build my emergency savings beyond $1,000. It seems like unexpected things always prevent me from putting more away. My goal is to have 3 months set aside. Any tips? Living on the Edge Dear Living on the Edge, Well first, congratulations on saving […]
Dear Chuck, I’m concerned about young couples I know who rely heavily upon credit cards. They appear to have no concern for the future. I don’t sense a desire to be good stewards in their approach to finances. Concerned Boomer Dear Concerned Boomer, It is not only a perceived concern but a real one […]