Five Things You Can Do With Money There are only five things you can do with money. 1.    Give it. 2.    Save it. 3.    Invest it. 4.    Lend it. 5.    Spend it.  Notice where spending comes in that lineup: last. Spending should never be the first thing you do with your money. Because the proper […]

How People Spend Their Paychecks These figures taken from USA Today show national averages in various spending categories.   22%   Housing (including furniture and repairs) 22%   Transportation (car, gas and oil, repairs) 15%   Food 09%   Social Security, pensions 07%   Utilities 05%   Clothing 05%   Entertainment, recreation 04%   Medical care 03%   Savings 02%   Insurance (except car and […]

Budgeting Insights     Budgeting is a valuable instrument to help you prepare in advance for the storms. Having a financial plan is absolutely essential in enabling you to manage your money, whether in “smooth flying” or in rough times. A financial plan will be a great help to you in making realistic decisions. Decisions […]

Record Keeping Basics   Income —In this project, income is anything used to pay expenses and could include bonuses, investment gains, gifts or an inheritance. Record savings withdrawn to pay expenses as income and classify money put into your savings account as an expense.   Salary —It’s simpler to include as salary only your take […]

Luke 14:28-30 “But don’t begin until you count the cost.  For who would begin construction of a building without first getting estimates and then checking to see if he has enough money to pay the bills?  Otherwise he might complete only the foundation before running out of funds.  And then how everyone would laugh!  ‘See […]