Like so many others of the baby boom generation, I grew up in a middle class home. We weren’t poor-my father had a successful business. But we certainly weren’t rich — my parents had all the normal financial pressures. So in the late [...]
Jesus made an interesting comment one day. He warned His followers that they should strive to be as wise as serpents but as innocent as doves. (My rough paraphrase of Matthew 10:16.) Interesting thought-one that has a universe of applications in the Christian [...]
Do you remember the good old days? I do. That was when we had grown ups in the White House; and the guys who started the fire weren’t the same ones in charge of putting it out with buckets of gasoline. That was [...]
If you’re like many Americans, you’re concerned about the health of your nest egg. And, you would really like some help — but how do you avoid running into Bernie Madoff’s first cousin? The truth is, everybody and his brother is selling financial products [...]
There was a story in the news the other day about a very dumb criminal in Fort Worth, Texas. The guy rode his bicycle up to a taco restaurant carryout window, pulled a gun, and ordered the clerk to give him their money. [...]
I’ve been told that there are 293 different ways to make change for a dollar. I don’t know whether that’s true or not, but I definitely do believe that there are at least that many ways to lose a dollar. Over the years, [...]
As I go to churches around the country presenting the No Debt No Sweat! Christian Money Management Seminar I probably get more questions about mutual funds than any other one topic. Millions of Americans who own these investments won’t understand much about them. [...]
As I mentioned in a recent article, I get a lot of questions (and confused looks) as I share the No Debt, No Sweat! Christian Money Management Seminar at churches. One thing many people don’t understand are the benefits of mutual fund investing. [...]
Early on the morning of February 17, 1994, James Rich crawled behind the controls of his plane at an airport near Louisville, Kentucky. The plan was to make a 30-minute flight to Crossville, Tennessee, where a friend of his was the airport manager. [...]
It was one of those rare moments of total, unvarnished truth. Ronny and I had known one another since college days. We were close friends and Christian brothers. Over the years we had shared a lot of very private struggles. We had confessed [...]
Homeownership In America: The State of the Art Today, home ownership in American is at an all-time high. According to the Heritage Foundation, prior to World War II less than 50% of Americans owned the homes they lived in. But by 1950, the [...]
I recently ran across a copy of a letter in my files dated October 1991. Although it’s been more than ten years, it is still one of the most impassioned letters I have ever written. I sent it to one of my closest [...]
Over the years we have worked with hundreds of bankers throughout the Southeast. One thing I learned very early was that all bankers are not created equal. Some are brilliant financial people who handle their customers’ money (as well as their own) with [...]
The Small Business Administration says the number one reason for small business failure is poor record keeping. Over the years, I have become convinced that the same is true in most homes. Relatively few families crash and burn financially because of a medical [...]
(or, How to Earn a Mortar Board Without Bankrupting Your Future) A recent federal study says that it will cost an average of $233,000 to raise a newborn to age 17. But, as any parent of a college student will readily tell you, [...]