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OutOfYourRut FAITH FORUM



Payoff Your Credit Cards – But Set the Stage FIRST

It’s easier when you take care of a few things first

By Kevin M

It’s been said that the best way to accomplish a big project is to break it into a series of smaller ones. Paying off credit cards can be as big a project as we can imagine, based on the size of [...]

7 Reasons Everyone Needs to Have a Blog

By Kevin M

“Everyone” is one of those absolute words we should generally stay clear of, but I’m violating conventional wisdom, sticking my neck out and saying everyone needs to have a blog!

You can beat me up for violating protocol, but before you do, consider the seven reasons why I’m making such a bold [...]

Over 50 – No Pension, No 401K – What Now?

By Kevin M

Let’s be honest, most retirement posts in the personal finance blogging world are aimed squarely at people in their 20s and 30s. Those over 50 are presumed to not exist. It’s almost ironic, isn’t it, talking about retirement to people who are so far away from retirement that it’s very nearly [...]

Majoring on the Majors by Learning to Say NO

Controlling our tendency toward Creative Avoidance

By Kevin M

How is it that that some people seem enormously successful, yet astoundingly they have more free time than the rest of us? Have you ever noticed as well that some people who are incredibly busy are at best only moderately successful? Perhaps you’re one of them, [...]

Making Money-Goes-to-Money Work For You

By Kevin M

How do we define rich and poor? The dividing line is more subjective than real in that we tend to think of rich as anyone with substantially more than we have, and poor as anyone with substantially less. Since we always see ourselves as more or less in the middle, how [...]

OutOfYourRut Friday (but almost Saturday) Personal Finance Round Up

By Kevin M

It’s been one of those long, involved weeks in my corner of the universe, and though I’ve been planning all week to post only the second Friday Round Up ever on this site, it’s taken me nearly the whole day to pull it off.

And I’m really glad I did because there’s [...]

Save for Retirement Now or Payoff Your Mortgage First?

By Kevin M

Two of the most important components of retirement planning are a generous retirement savings plan and a mortgage free home. But if limited resources force you to make a choice, which goal should get the lion’s share of your extra income?

There are three basic choices:

1) Emphasize retirement and let the [...]

Should You Use Retirement Savings to Pay Off Debt?

By Kevin M

Despite the near sacrosanct status of tax sheltered retirement accounts, there are situations in which liquidation makes abundant sense. From the outset, let me say that I don’t advocate raiding retirement accounts except under extreme circumstances.

When to consider tapping retirement savings

My personal opinion is that if survival is at stake tapping retirement [...]

Since when are you the quitting type?

By Dave “Gonzo” Kelly

That is what Fortune (Charles S. Dutton) asks of Daniel “Rudy” Ruettiger near the end of the movie “Rudy”. This is after Rudy has been denied the opportunity to dress (be on the sideline in uniform) for the final game of his senior season at Notre Dame. Rudy was never good enough [...]

Why It Might Be Better to OWE on Your State Income Tax Return

By Kevin M

A disturbing report came out last week in an article on Yahoo Finance in regard to state income tax refunds being delayed. In Cash-Strapped States Delay Paying Income-Tax Refunds it was reported that several states will be delaying the issuance of refunds this year in response to budget issues.

The article said [...]