Many people are controlled by emotions – The first step in learning how to spend less is to become aware of your actions and disciplined in establishing boundaries so your emotions no longer drive your purchasing decisions.
Defining family legacy is part of our defined purpose. The seeds planted today within the family orchard will produce the fruit gathered by future generations.
The Mr. Jones’s of today will continue to look to the world’s standards by purchasing and obtaining the “in things” in hopes of filling their need for affirmation. In contrast, the rich man, aware he needed to be fulfilled with something more, approached Jesus asking for eternal life.
When my family struggled financially, I noticed something seeping up from my heart: a sickening, dog-eat-dog kind of mentality that secretly resented others I knew who were doing better and sought to compete for little scraps of material provision. I thought I was above these kinds of attitudes—I really did.
It's not an exciting road, it's a hard path, but I stand here telling you today, that it is the most joyous path. No longer am I a slave to my flesh. No longer a slave to my loans.
I have found to achieve success in your financial life it takes vision, discipline, and faith. The 12 steps below will help you achieve the financial stability and outcomes you desire.
Searching for properties can be a time consuming process and as a result, many investors can lean too heavily on their realtors to locate their properties. Although many realtors do a great job finding good investment property, they are often limited to properties available on the MLS.
A great place to start is to review your current expenses and clarify your future needs. To identify what you will need financially to sustain your current lifestyle after retirement, calculate future expenses by multiplying current expenses by 75%. For some families the reduced cost is based upon the savings recognized by eliminating or reducing such expenses as a mortgage, continued education, work-related commuting costs, and car payments.
Many families come together each Fourth of July to celebrate our country’s freedoms. Freedoms our forefathers fought diligently to protect and maintain for all future generations of Americans. My family’s July 4th tradition, like many, involves a day spent with family and friends playing games, grilling, and enjoying one another’s company. It always culminates with […]
I began introducing simple financial principles to them on their 5th birthday by giving each one their own new savings container. It had three openings each labeled appropriately for savings, spending, and tithing. Their beginning allowance was one dollar a week.
With a proactive approach, we can forego potentially dangerous financial consequences. By taking a closer look at some of our most basic decisions, such as maintaining joint credit, and calculating the possible long term cost in advance, we can prevent months or years of unnecessary added grief.
Most people want to be healthier and wealthier, but unfortunately, it's just not that easy. As humans we are creatures of habit. Making permanent changes in our financial behavior is often surprisingly difficult, however NOT impossible to conquer.
Once the cap and gown are returned to the closet as memorabilia planning toward college becomes the immediate focus. Navigating new financial waters will soon begin for your new graduate; let’s look at five truths to help your college student make wise financial decisions.
The world says pursue wealth, then you will be happy; pursue youth and you will have many friends; move to a bigger house and drive a better car, and then you will have arrived. More, more, and more stuff is not going to satisfy an empty soul.
We all have been given gifts for the specific purpose of utilizing those gifts as we interact with the world around us. Whether your gift is song writing, vocal ability, composition, administration, management, producing an album or all the above, we are sometimes limited in how many people we are able to reach with our gifts due to a lack of financial resources.
Scenario: I have a foreclosure soon to take place on my first mortgage. What happens to the second mortgage if it is paid up to date? I was so stupid that paid a company XYZ to negotiate a plan for paying the first loan. they promised me that the first mortgage lender would surely accept their plan. But they dropped the ball and the first lender won`t take anything. Now, it`s just 10 days left for the foreclosure sale. The lender is simply trying to blame it on me. Is there anyway I can get back the? What`s going to happen when they sell off the home?
Churches and religious organization are automatically exempted from tax payment on the net income from their exempt activities. Unlike almost all other non-profit organizations, churches enjoy these tax exemptions even if they have not obtained the exempt status determination letter under section 501 (c) 3 from the Internal Revenue Codes. This does not mean that the church cannot engage in profitable ventures.
Many homeowners in the United States today may have fallen victim to fraudulent or predatory lending practices. If your client is having difficulty paying their mortgage-you have options, especially if there may be proof that their lending institution mislead or failed to disclose the terms of their loan properly. In many cases, clients who have hired Wellspring Mortgage Services to perform a Mortgage Audit, have been able to avoid foreclosure, have their principal reduced, switch their adjustable to a fixed rate loan or even have their payments lowered.
