If you are a business owner, do you know why you are in business? You may have never considered this, but your reason for getting into business is critical to your success. Two people can buy rights to an identical franchise system and one of them can be wildly successful while the other one goes…
As we continue our series of videos from my sermon on running hard, this week I am talking about the cornerstone tool in your personal finance: your budget. What do you think of when you hear the word budget? Does it scare you? Does it make you defensive? Does it stress you out? A lot…
Before you can start making any kind of change in your life financially, you must know where you stand. The more concrete this knowledge is, the greater your chances of succeeding at your financial goals. You are more likely to get what you want because you will take actions that suit where you are –…
Now that we are in April, it is time to look back and review your first quarter of the year. Just like corporations are reporting how they did in the first quarter, you should do the same for your household finances. Use this process as an opportunity to see where you have done well and…
Getting out of debt is the #3 goal Savers select when they pledge to save. That does not come as a surprise since a 2012 survey showed that 45% of families with annual incomes under $50,000 rely on credit cards to pay for basic needs such as rent, utilities, insurance and food. Large consumer debts…
When should you do a budget check up? Around this time of year is especially good. Every year, millions of households file their federal tax returns. For many, the process involves digging through shoe boxes or manila folders full of receipts; gathering mortgage, retirement, and investment account statements; and relying on computer software to take…