Disadvantages of Government Retirement Plans (401k’s, IRA’s, etc.)
“Suppose one of you wants to build a tower. Will he not first sit down and estimate the cost to see if he has enough money to complete it? 29For if he lays the foundation and is not able to finish it, everyone who sees it will ridicule him, 30saying, ‘This fellow began to build […]
How Much Should You Save?
“Go to the ant, you sluggard; consider its ways and be wise! It has no commander, no overseer or ruler, yet it stores its provisions in summer and gathers its food at harvest.” (Proverbs 6:8) We’ve established that saving money is really important. So how much should you save? Again, there is no solid “right” […]
Comparison of Safe Money Vehicles
“Go to the ant, you sluggard; consider its ways and be wise! It has no commander, no overseer or ruler, yet it stores its provisions in summer and gathers its food at harvest.” (Proverbs 6:8) Yesterday, we discussed what to look for and how to situate your Cash Reserve. Today, let’s compare each of the […]
Who is Better at Insurance: You or the Insurance Company?
Some people believe that insurance companies are evil empires designed to remove you from your money, but did you know that they won’t insure a single thing for more than it is worth? If you have a home that is worth $250,000, you cannot insure it for $1,000,000. The insurance companies know that they would […]
