Finance / Other Finance on Cash Counselors

Backward Americans are Saving More During Great Recession - Mogama
News report says in the 1970's, Americans saved as much as 10% of their income. I think that was the period of the oil crisis, when the economy was suffering badly. Then when the economic prospects turned up in the 1980's, the savings rate began a downward trend. Research by the Utah... ( added 1 day 5 hours ago.)

Saver or Spender: Which is Better for Economic Recovery from Recession? - Mogama
Americans are saving more and spending less during the Great Recession. But is that a good thing? Yes and No, depending on the experts you listen to. In the July 25 edition of Deseret News of Salt Lake City, Utah, carries an article by Linda Thomson titled Americans saving more during tough... ( added 3 days 23 hours ago.)

Great is Thy Faithfulness, and Great is My Wastefulness - Mogama
Great is Thy faithfulness! Great is Thy faithfulness! Morning by morning new mercies I see. All I have needed Thy hand hath provided; Great is Thy faithfulness, Lord, unto me! When it comes to having enough or surplus in America, Gods faithfulness is not in question. It... ( added 8 days 2 hours ago.)

Three Levels of Resources; Why No One in My Village is Poor - Mogama
A Western society groups its people into three categories of income: the poor, the middle class, and the rich. By this class system, everyone in my native Liberian village is considered “poor”. The irony is that if a Westerner were to meet with the residents of my village... ( added 16 days 21 hours ago.)

Doing Budget with a Five Year Old - Mogama
In our day and age, a five year old is likely to be interested in money. Actually our young one began making the connection between money and chocolate chip cookie at about age three or so. This interest in money is the hook that I used to introduce the child to the word “budget”. ... ( added 60 days 3 hours ago.)

Preachers and Money: Can They Be Friends? - Mogama
The typical person expects a preacher to concern himself with spiritual matters, not financial issues. Most preachers believe that too. That thinking is not new. We read in 2 Kings 4:1 , A certain woman of the wives of the sons of the prophets cried out to Elisha, saying, “Your... ( added 144 days 3 hours ago.)

The Envelope System Budget: What Goes on Each Envelope - Mogama
Isn't it strange sometimes how you learn something new about an old habit? Since 1996 – that's 14 years ago – my wife and I have been using The Envelope System as our preferred method of budgeting our income. If you are not familiar with envelope budgeting, it is where you... ( added 160 days 14 hours ago.)

Free Budget Sample, Free Budget Form to Get You Started on Your Written Plan - Mogama
Normal 0 ( added 168 days 11 hours ago.)

The Budgeting Process, Budgeting Steps, The Envelope System - Mogama
The simplest budgeting method my wife and I have used for about 15 years is nicknamed The Envelope System, which is a cash budgeting system. That's because each budget item represents an envelope that will have cash in it. We use a 6X9 brown envelope. Then we keep the envelopes in a Sentry... ( added 168 days 13 hours ago.)

Sponsor Page – Great Deals on Contact Lens - Mogama
1. Contact Lens : Lens.com offers a huge online inventory of brand name contact lenses with reasonably priced prices. Services include online order and shipping straight to you. 2. Contact Lenses – For the best prices in contact lenses including Acuvue, Biomedics, Focus, Frequency... ( added 169 days 4 hours ago.)

Co-Signing Loan: Dumb Idea, Unless You're Married to the Person - Mogama
Ask yourself. Why do you think a lender or car dealer would require a second signature to authorize a loan? Could it be that the lender has zero confidence in the first signer's ability to repay the loan? Well, duh! This lack of lender's confidence could be due to the borrower having no... ( added 179 days 17 hours ago.)

Can Debt Be a Means or Sign of Blessing? - RR Mogama
T he word “bless”, “blessed” or “blessing” is one of those loaded words with many meanings. Just look up “blessing” in a dictionary, and you will see just how full of meaning the term is. But one thing is clear: “Blessing” usually has a... ( added 245 days 14 hours ago.)

Does the Bible Say Anything Good About Debt and Borrowing? - RR Mogama
Everything we read in the Bible about debt supports the following three statements: First , the Bible says nothing good or positive about debt and borrowing . In the Scriptures every mention of debt is negative. The paramount text on this bad rap on debt is Proverbs 22:7 , which is the... ( added 246 days 18 hours ago.)

The Genius of the Envelope Budget System: How and Why It Works for Us - Mogama
My wife and I have used the envelope budget system for over a decade now, about 15 years to be exact, and it is still working for us. (If you don't have a clue about what the envelope system is, see blogs linked at the end of this post.) Why does this simple budgeting method work... ( added 73 days 4 hours ago.)

Four Huge Problems with Debt and Borrowing - Mogama
First huge problem with debt : When you borrow money, you give the lender first place in your income. Once you borrow money to finance your lifestyle, most of the people and things that matter to you will take second place. That includes your family. The lender becomes your master, and paying the... ( added 155 days 13 hours ago.)

Saving, Saving, Saving - Demetre Phipps
From start to finish. Every week if you spend wise, you would have the potential to save back. Developing a plan is the first thing to consider. Setting a budget is the best thing to take heed of. You are never going to know where you are going until you know where you came from. Next thing, set... ( added 176 days 1 hour ago.)