March 2008

Time Magazine: Dave Ramsey

03.31.2008 by Bob 7 comments

The March 24th edition of Time Magazine has an article titled, “10 ideas that are changing the world.” I was excited to see that one of them on the list was living within our means. Dave Ramsey was labeled as one of the strong forces creating this change in our time

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Diamond class action lawsuit

03.30.2008 by Bob 0 comments

It turns out that there is a major class-action lawsuit going on against diamond supplier De Beers for allegedly violating federal antitrust laws. The suit is still pending final court approval, but if it is approved U.S. residents who purchased a diamond between January 1, 1994 and March 31, 2006 would receive a pro-rated amount of the $295 million settlement.

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SmartyPig $50 giveaway

03.27.2008 by Bob 30 comments

SmartyPig is basically an online savings account that allows your friends and family to contribute to your savings goals. They also provide you with additional incentive boosts from top retailers who sell the items you are saving for. And surprisingly, they are currently boasting a 4.30% (APY) – which is a heck of a lot more than ING Direct is paying or most other online banks.

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Money and God

03.26.2008 by Bob 7 comments

I just visited an old friend of mine this weekend and we talked quite a bit about money and God. It was eye-opening for me to talk to someone who had a completely different mindset on money than I did. He has been on the opposite extreme of the American way of living extravagantly off of credit cards.

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Christian Goal Setting

03.24.2008 by Bob 18 comments

Should a Christian Set Goals? There seems to be a struggle for Christians in figuring out the appropriate balance between trusting God and waiting on Him and actively doing our part. Trusting in our own abilities to accomplish God’s work is the one extreme while not taking action when we should is the other extreme.

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Total Money Makeover giveaway

03.20.2008 by Bob 59 comments

Dave Ramsey’s “Total Money Makeover” giveaway: I love that Dave loves to help people get out of debt. He has been criticized for some of his methods, but I like his vision. I also subscribe to his Debt Snowball method for getting out of debt. For those who have decided that they want to get out of debt, but don’t know where to start the Total Money Makeover would be a good first step.

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The secret they don’t want you to know

03.19.2008 by Bob 5 comments

I think mutual fund investing is a good way to get started investing. I own two mutual funds currently and there are a few good ones out there, but most mutual fund managers still don’t beat the average market returns.

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