To borrow or not to borrow — that is the question facing your business. Spend much time in the business world, and you’ll find that lending, credit and financing permeate the capitalist system. People take out loans to start new businesses; borrow money to finance the purchase of large pieces of equipment; take possession of inventory on […]

It takes money to operate a ministry, and you must master your ministry’s money if you want to see it grow. Pencil and paper are great for simple budgets. But if you’re a budget nerd at heart, you need a spreadsheet. Building a basic budget starts with a pencil and paper. Here’s how to begin […]

When you go to a high-profile concert, you’re in for quite a show. The band is flawless; the lead singer commands the stage with swagger and charisma; the backup dancers are in perfect step; and the sound and lights coordinate seamlessly with the performers to create an overwhelming experience. That doesn’t happen by accident — the […]

Sometimes the people we’re closest to do things that baffle us. When money is involved, that can create some really sticky situations. Family money can be a blessing or a curse, even in very small amounts. And the way you handle financial interactions with family members will have a direct impact on your relationships. Money […]

Make investment decisions based on performance data and financial facts, not hype, fear or wild swings of emotion. Putting all of your eggs in one basket is a dangerous investment strategy. Instead, diversify. Non-traditional “investment opportunities” post much more risk than they do reward. Do yourself a favor and just say no.

Financial success requires both righteousness and wisdom. Sin causes poverty, but living for God brings the promise of provision and blessing. God wants us to make His money grow, but living in fear can hold us back from enjoying financial success.

If you die an untimely death, you don’t want your family to suffer financially. That’s why you need life insurance.  Because a good life insurance policy effectively allows you to care for your family financially from beyond the grave. Life is temporary. Sooner or later, we all die. And though our average life expectancy extends […]

Your attitude toward the wealthy says more about you than it does about them. Understanding that God is in control of the world’s wealth helps us to develop healthy attitudes toward money. Online hackers aren’t the only identity thieves out there. Money can steal your identity right out from under your nose.

Smoking can do just as much damage to your financial health as it does to your physical health. Borrowing money to buy cars is not only wasteful, but downright dangerous. This is one habit you’ve got to break. Borrowing can be as addictive as a drug. Admitting you have a debt problem is the first […]

Leasing costs you a bunch of money to pretend that you can afford a new car… even though the payments seem low. Everyone loves that new car smell. But if you buy a new car off the showroom floor, you’re kissing thousands of dollars goodbye.

It’s tempting to invest using other people’s money, but this a path that can lead you directly into bankruptcy. Owning real estate can be one of the safest, most lucrative investments you’ll ever make, but only if you do it right.

It doesn’t matter how well you’ve done in the stock market: If you haven’t optimized your investment strategy for tax savings, you’re not as successful as you think. Nobody likes taxes, but they are an unfortunate necessity of civilized life. In the United States (and most other developed countries), there are tax implications every time […]

I’m not a farmer, and you’re probably not either, but the advice in this proverb still applies to us. For today’s society, knowing “the condition of your flocks” and giving “careful attention to your herds” means keeping an eye on your bank account and knowing exactly what your money is doing. After all, “riches do […]

I remember seeing Montel Williams on TV when I was a kid. On occasions when I would stay home from school sick, I would spend much of my time surfing daytime television, and would come across Montel’s talk show. Though I realize now that it was pretty trashy programming, at the time I enjoyed it. […]