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wealth

$7 Trillion in Wealth Has Vanished In the Last 6 Years

Americans are not nearly as wealthy as they were just a few years ago. Sure the stock market is not far of its peak that it reached in 2007 and the unemployment rate is improving. However, most Americans have not replaced the wealth that was...
saving-money

12 Ways Americans Are Saving Money

Economists say that the recession is over in America, but many consumers aren’t buying it. In fact there are a lot of things they aren’t buying these days like they used to. Many people expect the economy to get worse in the coming months...
mortgage

Should A Christian Just Walk Away From Their Mortgage?

It’s no secret that this country has been through (and continues to experience) a housing crisis. Home prices in some parts of the country have fallen by 40 – 50 percent. Falling home values coupled with high unemployment levels has led...
credit cards

What Is an Excellent Credit Score?

Just a few years ago, credit seemed so easy to obtain. You’re credit score didn’t seem to be that relevant as almost anyone could get a loan. That mindset led people to believe that people with lower credit scores actually had good credit. I...
bank

8 Questions to Ask Before Opening an Online Bank Account

Are you frustrated with the low yields that your local bank is giving you on your account balances? Many Americans are. They are tired of earning 0.1 percent interest rates and constantly dealing with new fees that banks seem to invent overnight....
house

Are Reverse Mortgages Going Away?

Wells Fargo announced this week that they would no longer be offering reverse mortgages. This is major news to individuals considering a reverse mortgage, because Wells Fargo had been the largest provider of reverse mortgages. It also follows...
status-symbol

Status Symbolitis

Even in 21st century America, over 600,000 people die each year because of heart disease. Various cancer diseases claim over 500,000 lives. The list goes on an on. Despite all the great advances that man would like to trumpet, it’s sad to...
emergencyroom

12 Financial Mistakes You Will Live To Regret

We all make mistakes. That’s probably not a great revelation to anyone. However, some mistakes can have much bigger ramifications than others. Forgetting to set your alarm may result in you being late for work one day, but marrying the wrong...

Car Buyers Are Choosing Ford Fusion over Toyota

Auto sales figures for the month of February were released yesterday and Ford appears to be the big winner. Ford sales jumped 43% in February and the company sold more cars that General Motors for the first time in 12 years. Toyota sales declined...

Teaching Your Children About Money

Teaching children the value of money and financial responsibility is one of the most practical and important lessons children can learn. Our consumption-driven society has never been more fiscally irresponsible. In 2006, the savings rate was...