Using credit cards for business expenses

It is common practice in today’s business world for employers to reimburse employees for business-related expenses: hotel rooms and meals while on a business trip or gasoline if the employee’s car is used for business purposes.   The Problem As in personal finances, credit cards can wreak havoc with business expenses. Sometimes the employee uses […]

How to Avoid Post-Vacation Sticker Shock

How much did the typical adult spend on his or her summer vacation last year? $400? $800? The average price tag was actually closer to $1,200. Imagine, then, how much money a family of four spent! “Summer vacations can be surprisingly expensive,” Suzanne Boas, former president of Clearpoint Credit Counseling Solutions, said. “Families spend considerable […]

Bankruptcy

The term bankruptcy comes from two Latin words and literally means “broken bench.” Under Roman law, creditors divided up the assets of a delinquent debtor, then broke the debtor’s workbench as punishment and a warning to other indebted tradesmen. Today’s laws and changes in consumer attitude toward bankruptcy have fostered a climate in which people regard bankruptcy […]

Why I DON’T Like Facebook for Investment

By Chuck Bentley–ATLANTA, May 18, 2012 /PRNewswire-USNewswire/ Consider Groupon, Netflix, MySpace and Beware, says CEO. Crown Financial Ministries CEO Chuck Bentley outlined reasons that should concern investors who plan on “liking” Facebook for their portfolios. He discussed his hesitance in a national e-blast to supporters of the 35-year non-profit that helps people and businesses who […]

Responsibilities of the church board

Although the authority and responsibilities of church boards are as diverse as the churches they serve, there are some responsibilities that should be consistent and typical for all church boards. These are establishing policy, financial reporting, compensation review, and budget approval. Establishing policy One of the primary functions of the church board, regardless of the denomination or […]

Investing

Investing isn’t simply multiplying and storing assets without purpose – that’s hoarding, which is condemned by Jesus in Luke 12:16-21. But, Solomon gives some excellent investment advice: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth” (Ecclesiastes 11:2). Investing 101 Because you’re reading […]

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