Some Christians question the need for life insurance because they think it contends with with having faith in God. However, scripture tells us differently. 1 Tim 5:8 says “If anyone does not provide for his relatives, and especially for his immediate family, he has denied the faith and is worse than an unbeliever.” [Kick Debt Off]
If you’re thinking of buying a car in a private sale you need to make sure you’ve spent some time learning the process and how to protect yourself. Make sure you get a vehicle history report and definitely have it inspected. Have a credit union or bank conduct the closing for you versus accepting a cashiers check. [Canadian Finance Blog]
Where should you put your savings? I think this is a question a lot of people are asking these days. You have to be careful to make sure you’re not risking your emergency savings which needs to be readily available in case you need it. For example, you don’t want to put this type of savings in a mutal fund. Listen to a recent Crown MoneyLifeprogram with Sound Mind Investing’s executive editor Mark Biller to learn more. [Sound Mind Investing Visitor's Weblog]
We’re hearing a lot about leaks these days with the Gulf oil spill. But, you may have some leaks in your budget too. Personally, I tend to have a coffee or convenience leak. I’m trying to be more conscious of this spending and not be wasteful when I can just drink my coffee at home or work. What about you? What are your money leaks and how do you plan to stop them? [PT Money]
One of my favorite movies of all-time is Wall Street. Gordon Gekko, wall street big shot, is known for his speech about greed and how he thinks it’s good. But, we know greed isn’t good and the Bible has a different perspective. Luke 13:15 says be on your guard against all kinds of greed; a man’s life does not consist in the abundance of his possessions. [Redeeming Riches]
Personal Finance Carnivals
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