What Happens During An FPU Class?

There is a constant wailing and gnashing of teeth. Dante’s Inferno is on full display as you enter into the abyss of spreadsheets and budgets… NO, I’m KIDDING! Financial Peace University is a 9-week class about personal finance, on handling money God’s and...

Understanding The Mortgage Interest Deduction

I was just reading a comment by a guy, let’s call him Joe, who said “It’s good to have a long-term mortgage because the interest rate is typically lower than what you can get on your investments AND it’s tax deductible”. Christie and I currently have a mortgage, and...

The Effect of Community

Somewhere around 2004 my older brother and I were talking on the phone (quick side trip: he’s retired military, always saved and invested, worked during retirement). I talked about the house we had just bought and the two new cars (purchased on the same day) sitting...

Prince Did Not Have A Will

For over a week I’ve been sick about the death of Prince. I am a fan and I loved his early work, but had not heard much since Sign ‘O The Times. Christie and I were extremely fortunate to get to see him live on about the 10th row in 2000 on his Hit n Run tour. It was...

Broke People Spend More On The Senior Prom

Families making less than $25,000 plan to spend $1,393 for the Senior Prom. This, compared to families earning more than $50,000, who are planning to spend an average of only $799. This report comes from Visa, who really hopes you use their credit card to finance your...