Articles: Financial Life + Money Minute
Double Take on Taxes
Guess who said, “The hardest thing in the world to understand is the income tax”? That would be Albert Einstein. Yep, Mr. Theory of Relativity himself. It has to make you wonder how the rest of us are supposed to manage. And the tax code has only gotten more complex in the years ...
Check Out the Benefit Bank
The Headlines read “Unclaimed Aid in Ohio: $1.5 Billion A Year.” In a recent addition of The Columbus Dispatch, went on to say, “Low and moderate income families missing out on $1.5 billion a year in government benefits each year turned off by exhaustive paperwork, ...
Drop Your Credit Life Insurance
When you take out a loan to purchase a car, you are often “strongly encouraged” to buy credit life and/or disability insurance connected to the loan. My advice on both of these options is to say, “No thanks!” Credit life is a very expensive form of life ...
Should I have a credit card?
We’ve had many people ask our ministry, “Is it wrong for me to have a credit card?” We don’t believe that credit cards are evil in themselves, but their easy-to-spend and hard-to-pay nature makes them a major pitfall for many people. When we meet with people struggling ...
CURRENT FINANCIAL FAQS: America’s financial portrait
9 out of 10 families live paycheck to paycheck. Only 2% of the homes in America are paid off. Most 62-year-olds still owe 22 years on their first mortgage. 86% of all new homes are purchased by dual-income families. 80% of divorces are caused by ...
