Uplifting & Encouraging ® 104.9 the River | Family Finance Archives | Uplifting & Encouraging ® 104.9 the River

Family Finance

  •   “What would you do if you had no payments?”   In each of the Financial Peace University classes I lead, I always ask that question. The answers are varied and inspiring: “I would help more people,” “I would give more,” “I would work less,” “I would take my kids to Disney.” We have one lady who wants to go to Bora Bora. I …

  •   I had the chance to speak to Juniors and Seniors at a high school personal finance class recently – and let me tell you; kids are sharp. They had some great questions and we had an awesome discussion about the difference between being rich and being wealthy. The idea of being rich seems to bring up the mega-rich: Celebrities, professional athletes …

  • Over the past couple of years teaching personal finance classes, I see the biggest enrollment is at the beginning of the year. I think it may be because people get their credit card bill in January from December and think to themselves “I spent HOW MUCH on Christmas?!!?” They have no idea because they didn’t plan; they didn’t tell their money where to …

  • This quite possibly could come as a total shock to you: CHRISTMAS IS DECEMBER 25th! Snarkiness – it’s a dominant gene is my family. Here’s the thing, we all love Christmas – the presents, the food, the presents, the time with family…and the presents, right?! But SO MANY of us wander through the year, never thinking about this, and when we realize during …

  •   You’re going to think I’m a little weird after you read this-and honestly I feel a little weird. Last weekend I turned down free money. I kid you not. I went shopping with my wife for some new suits. We had a budget, had done our homework and came in just $7 over budget because we bought a cool guitar t-shirt for our …

  • Now before you think I’ve become some philanthropic guy who’s gonna start passing out cash…sorry, not gonna happen. How? By telling your money what to do. Here’s the thing. We ALL waste money, I do it, you do it… We don’t mean to, but that’s because we don’t keep track of it. How much did you spend going out to dinner last month? Back …

  •   I love telling people that my wife Jules and I have never paid a cell phone bill for our kids-it brings strange looks sometimes. First, let me say, I believe that it’s okay for kids to have a phone. My boys each got one when they were 12. There are TONS of situations when a kid having a phone is a good thing- …

  • What’s the one thing we do that is good for us, that we enjoy doing, yet causes us pain? Paying in cash.   Today, in the interest of research, of course, I went into Starbucks and bought a coffee. Grande, caramel macchiato, thank you. Starbucks recently increased their prices, by the way, so I paid more for that carmel-y deliciousness. I’ve stopped using …

  •   Sometimes we learn great lessons from our kids. My son recently bought his first car. Did you know that when you buy a car from an individual, when you go in to the title agency to transfer ownership, this is where the state collects its sales tax? I didn’t remember that, and boy did it throw me when the clerk asked for almost …

  •   Pay Double? What a DEAL!   Imagine walking through your favorite store and you see a SALE tag. “Sweet! A deal!” you think to yourself. Upon further review, the price is actually TWICE the cost of the item- wait, WHAT???   This morning I saw one of those rent-to-own ads where you could own TWO things for the price of just one …