Friday, November 11, 2011

Veteran's Day

Happy Veteran's Day to all who served and are serving our wonderful country.

Budgeting for Christmas 2012

Budgeting for Christmas 2012

Next year Christmas will be on Tuesday, December 25th so don't let it sneak up on you like it may have done this year.  Christmas is always in December lest we forget.  Start planning for Christmas 2012 today by simply adding a line item to your monthly budget marked Christmas 2012.  

At the beginning of each month set aside a designated amount like $100 and by the time Christmas 2012 arrives you'll have $1200 saved.  By doing this you will be less stressed and enjoy the holidays so much more.

Monday, October 17, 2011

Vacations paid for using the Credit Card

This is a question raised to Dave Ramsey from one of his listeners:

Is there a recommended vacation percentage?

This is a question raised to Dave Ramsey from one of his listeners:

Dear Dave,

Should you skip vacations when you're getting out of debt? Also, once you're debt-free, is there a rule as to what percentage of your income you should use on vacations?

Dear Carl,
I think you should put vacations on hold while you're trying to get out of debt. My family and I didn't go on vacation for nearly 10 years while we were getting out of debt. Why? Because we had work to do! We had bills to pay and kids to feed. That's just the way it goes sometimes.

I'm not sure that there's a specific percentage involved on vacation spending. It definitely shouldn't damage your financial foundation, or put you back into debt once you've worked your way out. You don't touch your emergency fund to go on vacation, and you don't stop funding your retirement or saving money so the kids can go to college. You just save up, and pay cash!

In most cases, this kind of plan will almost force your vacation spending to be a reasonable percentage of your income.

I love vacations. I love researching, planning and counting down the days to our next vacation. We didn't always pay cash for our vacations. Oh no! I remember going to Hawaii in '92 and it was fully funded by our Credit Cards. It was a wonderful vacation but the devastation that was left behind was just the beginning.

Friday, September 16, 2011

Getting Your Degree On Plan B - Dave Ramsey

Dave's fans talk about getting your college degree without having to go into debt.  There are lots of scholarships out their - you just need to know where to look.  Getting a job while going to college is a novel idea.  What about joining the Military?


Friday, July 29, 2011

The "Relax Fund" - Dave Ramsey

Once you have an Emergency Fund in place it will give you a sense of peacefulness.

The Emergency Fund - Dave calls it the "Relax Fund" - this is so true! Right before we closed on our house we sold in MN our retaining wall needed to be fixed at a whopping cost of $2177.50 - oh that's right! But I was OK with it to some degree because we had the "Relax Fund" in 


Thursday, July 28, 2011

The Great Recovery - It starts with YOU

The Great Recovery is a grassroots movement spread by people who are tired of looking to Washington for answers. The truth is that the government can't fix this economy. It'll be restored one family at a time, as each of us takes a stand to return to God and grandma's way of handling money.