Category Archives for "Cars"

5 Lessons On Gift Taxes from Oprah and Tom Brady

gift taxes lessons from oprah and tom brady

Dear Chuck, After the amazing Super Bowl victory of the New England Patriots and their quarterback Tom Brady, he said that he was going to give the truck he was going to get as MVP to James White for catching all those passes Brady sent his way in the nail-biter of a game. He gave […]

Why You Should Keep Your Car Tank Half Full… All the Time

Alan Marcus, in an article at CostULessDirect.com, recommends keeping your tank at least half full at all times. First of all, he says, if there’s ever a disaster in your area, the need to evacuate quickly, a pipeline break, or power outages, you will be able to drive for a while. But he gives some […]

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 Lose a Car and Not Your Credit Rating

Originally posted at Christian Post September 9, 2016. Dear Chuck,  What are the rules when a bank repossesses your car? Do you still have to pay them what you owe and can they garnish your wages for payment? I have a friend who has just turned her life over to Christ and over the years she has […]

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 […]

NEVER Take Out This Kind of Loan

Originally posted at Christian Post August 26, 2016. Dear Chuck,  What is your view of payday lending? It seems like Crown would have some insight on the perils of such loans and whether there are alternative ways to secure a “small-dollar loan” such as through church lending clubs, or some other means. Considering my options Dear Considering, […]

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 […]