Hope for your financial life and beyond

5 Practical Ways to Save Money When Renting an Apartment

Renting an apartment can be quite a challenge. Whether you are moving out of the house for the first time, trying to cut housing expenses, or simply looking for a short-term housing option, there are many things to consider. Perhaps front and center of all the considerations is price point. How will you fit the apartment expense into your monthly budget?

renting an apartmentLiving on a budget while renting an apartment requires planning and dedication. From drafting the monthly spending plan to minimizing your expenses, there are many details to finalize if you want to save money. 

However, with careful planning and a touch of financial savviness, you can save money without sacrificing your lifestyle. To help you with that, here are 5 practical tips that will help you save money when renting an apartment. 

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15 Bible Verses About Helping the Poor You Need to Know

“…For the poor will never cease from the land…” – Deuteronomy 15:11. This is one of many Bible verses about helping the poor, a major theme within the Bible. Jesus famously said in Matthew 22:39, “You shall love your neighbor as yourself.” This statement can best applied in how we treat the poor.

bible verses about helping the poorDeuteronomy 15:11 says that the poor will always be with us. The world cannot escape it. We can try through economic and political systems to pull people out of poverty and create an environment where they can better themselves. But even the best system that leads to prosperity for many can’t reach everyone.  There will never be an instance in this present life when someone somewhere isn’t experiencing poverty.

Because of that, we should consider all manner of ways in which we might go about helping the poor.

God clearly has a special place in his heart for the poor. His words about the poor are littered throughout the pages of the Bible. So today, we are going to look at 15 powerful Bible verses about helping the poor that show us how we might best meet their needs.

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Money Flow: 8 Tips for Getting Paid Faster as a Freelancer

Have you ever thought about becoming a freelancer? I was for a time, writing blog posts and articles for various websites. I really enjoyed it and and it was quite beneficial. 

freelancerWhen you’re just starting out as a freelancer or you’re in business by yourself, how quickly you get paid for your work is crucial. Your company’s overhead and your personal livelihood all depend on you. You can’t be sitting around for weeks once the work is done wondering what is going on and waiting for the money to roll in.

Staying busy is one thing, but if your invoices aren’t getting paid timely, it doesn’t matter how much work you have. You’ll end up being frustrated and not enjoying the freelancing lifestyle. 

So, to increase your money flow and ensure prompt payment, follow these 8 tips.

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Give Money and It Shall Be Given Unto You? (Luke 6:38)

“Give and it shall be given unto you; good measure, pressed down, and shaken together, and running over, shall men give into your bosom. For with the same measure that ye mete withal it shall be measured to you again.” – Luke 6:38

give and it shall be given unto youI’ve spent a lot of time cataloging all the Bible verses about money. I started this site years ago so that I could share what I learned about money from reading the Bible. There are literally hundreds of verses that give us positive instruction and warnings about the proper use and abuse of our money.

Unfortunately, individuals and churches have misinterpreted many verses in the Bible about money. It’s easy to do. Sometimes the verses are actually hard to interpret. Other times however, people do it to promote an agenda. In other words, people use these verses to teach and promote a message that isn’t there.

Of all the verses in the Bible about money, people abuse Luke 6:38 probably more than any other verse. It reads:

“Give and it shall be given unto you; good measure, pressed down, and shaken together, and running over, shall men give into your bosom. For with the same measure that ye mete withal it shall be measured to you again.” (KJV)

Why misinterpret this verse so much? Because many have chosen to believe or teach that this verse means you can profit financially from giving. Let’s look at why this is incorrect.

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Interview with a Centenarian: At 100, My Grandfather Reflects on Life, Faith and Finding Purpose

Oh, to be a centenarian – 100 years of living. It’s simply amazing! Most of us would settle for 80% of that. It’s hard to fathom the changes and life events someone born in 1914 has experienced.

centenarian

Byron Miller – Preaching at 100 years of age

What will you be up to at 100 years of age? My grandfather, as shown in the picture, preached a sermon the day after he turned 100. His challenge to those who listened:

1. Practice Gratitude (be thankful)

2. Express Certitude (in the things of your faith)

3. Develop Fortitude (build the power to endure)

And he played his guitar and sang a short chorus at the end. The song’s message – “Just a little bit longer Lord…just a little bit longer.”

Not a dry eye in the house.

In the weeks leading up to his 100th birthday, my grandfather was kind enough to answer some questions about his life. I’d encourage you to take five minutes to enjoy this thought provoking read about a man who has experienced the Depression, the loss of siblings, financial challenges, joys and regrets and 60+ years of ministry.

Q & A With a Centenarian

1. What is the most amazing thing you have seen in your lifetime? Why did that stand out?

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The Most Important Reason You Do Not Worry About Tomorrow

You’ve probably heard it said at some point, “Hey, do not worry about tomorrow. Focus on today and let the future take care of itself.” That’s not bad advice really. The older I get the more I’m realizing why.

do not worry about tomorrowWe all have things that affect our actions from day to day. Things we’ve done in the past affect us in the present. Things we are doing in the present affect us in the present. And believe it or not, things that we will do in the future affect us in the present even though they haven’t happened yet.

You may be thinking, “How could that possibly be if those events have yet to occur?” Well, it’s not the event per se that affects us. It’s how we think about those yet-to-happen events and how they lead us to worry about them.

Of those three time lines – past, present and future – I think the future one has the greatest potential to stop us in our tracks. Here’s how.

Why You Do Not Worry About Tomorrow

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Borrowing Money with Bad Credit

If you have made some wrong financial choices in the past, that doesn’t mean that you shouldn’t be given a second chance and a way to get back on your feet. And it doesn’t mean no one is willing to do so.

Conventional lenders such as banks or credit unions might decline candidates with poor credit reports because they don’t consider them trustworthy. Even a secured loan may be out of the question. Direct or online lenders may be more open to approving your application, but their terms won’t always be most favorable.

Here are some options to consider if you have bad credit and are looking to take out a loan.

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5 Best Ways to Build Your Credit Score 

Having a top-notch credit score is essential in your every day to day life. More and more people need a good one to access things for their life. It makes a person more desirable to employers, landlords, and mortgage lenders as well as negotiating for lower auto insurance rates and other services. 

But the million-dollar question is, “What can one do to build their credit score?” If you are wondering the best strategies to guild your credit score, you are in luck.  Today we will discuss a few options that will aid you in getting a good credit score.

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How to Make a Zero Based Budget in 3 Easy Steps

One task that may not be apparent to first time budgeters is to create a zero based budget. My wife and I had tried to make a monthly budget before but for one reason or another, our budgets never seemed to work. Putting this step in place helped us lesson those failures and moved us towards a place of continual success with our budgets.

zero based budgetThe process of putting a zero based budget together is not hard to understand. Like any other budget it does require some planning and attention throughout the month. You might have to tweak some numbers here and there as the month unfolds and life happens. In my opinion it’s the best type of budget to put together as it leaves no room for money to go unaccounted for.

It’s important to have records of where money goes. With records, you have built-in accountability that shows where you spent your money. You begin to see patterns of how you spent your money over time. Then, you can then make changes if those patterns reveal things you don’t like about your spending.

So, let’s walk through the process of how to put together a zero based budget.

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Sinking Fund: The Best Way to Save Money for Christmas Gifts (or anything)

Do you hate Christmas shopping? About ten years ago, that was my wife and I. It took enormous amounts of time and energy. But more than that, it played havoc on our monthly budget. In December, we’d have to come up with money for Christmas gifts out of nowhere while still paying all our other bills. It was a real challenge that often led to frustration and even overspending on gifts. Thankfully, the frustration vanished the day we heard about a simple money management technique called a sinking fund.

sinking fundCreating a sinking fund isn’t a new concept. However, it took me to my mid-30s to hear about it. In essence, a sinking fund is a savings fund you create for the express purpose of purchasing something in the future. As we discovered, it’s a really easy technique anyone can learn.

And it’s also one of the best practices to help you eliminate overspending and pay for bills, gifts or other budget items that come infrequently. Because certain items come infrequently, you need to plan in advance for them. That is why this article is so important to read now. Follow what I suggest now and  you will be prepared for next Christmas.

This technique has revolutionized how my wife and I pay for things. You need to know how it works. At the end of the post, I’ll include the template we use to keep track of our savings.

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How to Be Sure Children Should Get Your Inheritance Money

The question comes at some point in everyone’s life – “Who will I leave my inheritance too?” If you are in your 20s, the thought probably hasn’t crossed your mind yet. But it’s most definitely been thought of by people in their 40s, 50s and beyond, especially those who have a family, money and other assets.

inheritanceWe all hope to live as long as possible. With modern science advancing at leaps and bounds, life spans are being extended to 100 and beyond more and more often. But, in the end, we all know these two realities of life to be true:

1. Our death will occur at a fixed moment in time.

2. Nobody knows exactly when that moment will be.

How interesting that death brings with it aspects of certainty (we will die) and uncertainty (when?). That dualistic nature of death is fascinating. Perhaps that’s why issues surrounding death and what will happen after we are gone remain difficult to discuss. We simply don’t like thinking about anything that relates to the end of us.

But we have to think about it for there is so much at stake. Mess up our death and it could impact those left behind for generations to come. Today we will look at one aspect of death you need to consider – whether or not to leave an inheritance to your children.

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