I was having coffee with a friend this weekend and at some point during our conversation she mentioned how frustrated she was with the interest rate she was paying on an existing credit card from Chase.  Now Rebecca is aware of CatholicPF and knew I would not be able to resist digging a little further […]

Continue reading about 0% APR Credit Card Balance Transfers – Right for you?

admin on August 6th, 2010

Train up a child in the way he should go; and when he is old he will not depart from it. – Proverbs 22:6 Does it strike anybody else as strange that there is an unspoken assumption that parents ought to pay (in part or in full) for their children’s college education? And not only […]

Continue reading about Paying for your Child’s College Education

admin on July 29th, 2010

“Love is patient, love is kind. It does not envy, it does not boast, it is not proud …” – I’m certain most of us have heard this often referenced passage from Corinthians while attending the wedding ceremony of a family member or close friend. Love, of course, is the multi-faceted foundation of any marriage […]

Continue reading about Marriage: I Love You to Debt?!

admin on July 21st, 2010

Of what use is money in the hand of a fool, since he has no desire to get wisdom?   – Proverbs 17:16 You will consistently hear financial advisors and investment professionals discuss the importance of diversifying your investment portfolio – an investment strategy that follows the simply adage “Don’t put all of your eggs in […]

Continue reading about Residential Real Estate Investing – an Intro

admin on July 20th, 2010

On the first day of every week each one of you is to put aside and save, as he may prosper, so that no collections be made when I come. 1 Corinthians 16:2 If nothing else, I think the Great Recession may have served as a much needed wake up call to many American households.  […]

Continue reading about The Emergency Fund – Establish your Safety Net

admin on July 15th, 2010

Have you ever wondered how your spending compares to that of other families in the U.S.?  The graph below (courtesy of a great website – www.visualeconomics.com) outlines the average annual expenditures of a typical U.S. ‘consumer unit’ as reported by a 2009 survey from The Department of Labor.  

Continue reading about Household Spending and the Average American Family

admin on July 15th, 2010

Do not be a man who strikes hands in pledge or puts up security for debts; if you lack the means to pay, your very bed will be snatched from under you.  – Proverbs 22:26-27 Does your current credit card debt cause you stress?  Do you feel overwhelmed when reviewing your monthly bills?  Have you […]

Continue reading about Eliminating Debt – the Debt Snowball

admin on July 15th, 2010

I am convinced that the number one problem with most people when it comes to managing their money boils down to one simple truth: most of us have NO idea where our money is going each week, each month, and each year.  How many of you know what percentage of your net income you are […]

Continue reading about Baby Steps: Track Your Spending!