Each week I provide a recap of the One Money Design articles and share some of the best money and personal finance articles from around the web. I think you’ll find some great articles and resources here to improve your financial fitness!
One Money Design Recap
Should Churches Borrow Money? – Churches shouldn’t over extend so much that they have trouble paying operating costs and carrying out God’s ministry. Churches, like you and I, need to make sure they are good stewards of God’s resources.
3 Ways To Stop Identity Thieves Without Breaking Your Budget- Identity theft can bust your budget, your savings, and your credit. Here are three ways that you can protect yourself.
Mr. Frugal Toque Gets Laid Off (Mr. Money Mustache) – I found this story to be inspirational and could relate to the writer’s peace after being laid off myself a few years ago. It sounds strange, but releasing work responsibilities after a lay off can feel quite nice. Of course, for many there is the new stress of finding a job. But not so for this writer as he had savings in the bank and enjoyed the extra time with his family. The cool thing is he was more motivated after getting a new job to retire and spend time with loved ones sooner in life.
Refinance Roadblocks (My Journey to Millions) – You hear a lot of buzz about refinancing lately, but you don’t hear people talking about being denied this opportunity by banks. This post is about two failed attempts, but more importantly, I like it for the writer’s dedication to paying off their mortgage early and what they’re going to do about it.
Five Ways to Get What You Need For Very Little or No Money (Financial Highway) – It’s easy to spend first and think second. This article provides some great ideas for getting what you need for less or free versus assuming you have to buy it new. You might consider bartering for something or even renting if you know you only need the item once.
Three Reasons Apple Could Still Hit $1,000 A Share (Money Q&A) – “ The company’s future pipeline of products, lower than average PE ratio, and stockpile of cash have Apple poised to continue its charge towards a share price of $1,000.”
Saving for a Home (Gail Vaz – Oxlade) – Don’t assume you can’t save 20% for a down payment on a house. It’s not that big of an uphill battle if you change your standard of living now and begin to live like you have that mortgage payment and all the associated costs.
More Financial Fitness Tips
7 money musts before you die (MSN Money) – “Are you your family’s CFO? Part of your job is to make sure your loved ones aren’t left clueless — or poor — when you depart this world.”
Is this the Death of Netflix? (The Motley Fool) – “From the expansion of its platform compatibility to the breakneck growth of its video library, Amazon.com’s Instant Video offering is a deadly serious threat to Netflix’s online-streaming throne.”
Don’t Buy: These 7 Cities Are Renters’ Markets (Yahoo Finance) – “Despite record low mortgage rates and an apparent bottoming in home prices, Americans have increasingly opted to rent than buy their homes as the economic recovery remains anemic and uncertain.”
What Does it Cost to Education a Child? (H&R Block Talk) – This infographic takes a look at the average cost of putting a child through a year of public elementary, middle and high school.
Here’s a quote I came across this week I liked that got a lot of attention on the One Money Design Facebook page when I shared it -
You can’t work three hours a week and make $100,000. Get rich quick doesn’t work. Crock pot mentality always defeats microwave mentality!” – Dave Ramsey
Photo by: PTMoney.com