Hope for your financial life and beyond

Sam’s Club Does It Again with Scan-and-Go App for Gas

A while ago, I wrote about how Sam’s Club had introduced a Scan-and-Go app that allows you to scan the barcodes of your items as you shop. It records each scan in a digital shopping cart. When you are finished shopping, you simply check out in the app and leave the store.

sam's club scan and go gasThe huge advantage of this is of course saving time. There is no need to unload and then re-load your shopping cart at the checkout line. You can skip that entirely! And that is a huge advantage when you are shopping at Sam’s, especially during peak hours. Sometimes those checkout line waits can take forever.

Too this day, I am amazed at how many people still do not use this feature on their phone at my local Sam’s.

As you know, Sam’s Club also sells gas to its members. And recently I was greeted with a pleasant surprise when I rolled up to the pump one day to get gas. The interface screen had been changed and a QR code was now staring me in the face.

That’s right…I could now use my Sam’s Club Scan-and-Go app to purchase gas. Let me tell you how it works and then discuss a few reasons why it’s a big deal.

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How to Succeed Quicker in Business

Have you ever started a business? If so, you know that starting one is not an easy task. It takes time, effort and a lot of work to get one started and headed in the right direction.

When it comes to the world of business creation though, entrepreneurs want to succeed quickly. These are fast-minded and driven people who want to see their investment turn a profit quickly. For them, a long, drawn out process is not what they are hoping for. They want to move and move now. 

Now, there’s nothing wrong with taking your time and getting to where you want to be slowly and gradually. However, there are certain things you can and should do in order to make your rise to the top happen faster and with less difficulty. If that is what you are looking for, then the following ideas and strategies may prove useful for you. 

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What Are the Challenges of Being a Digital Nomad?

A lifestyle that is appealing to a growing number of people is being what is known as a digital nomad. This type of lifestyle brings the freedom many enjoy and the ability to make money in the way that they want. In essence, while you earn, you get to travel and experience new things. You’re not tied down and stuck at home or in an office, doing the same stuff day-in and day-out.

How is this possible? Through the use of technology. Digital nomads use telecommunications devices like cell phones or laptops with wi-fi access or hotspots to conduct their business. By using these devices they are not tied down to one location. They conduct their business and do their work wherever they want, like in coffee shops or libraries. Many even work in foreign countries. 

While this lifestyle might sound appealing, the life of a digital nomad isn’t always a perfect paradise. There are plenty of challenges with living this way. So, if you are thinking about becoming a digital nomad or are looking for ways to navigate some of the challenges you face as one now, here are some strategies that might help.

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5 Sure Fire Ways Of Becoming Financially Independent in 2021

Everyone loves the idea of becoming financially independent, especially in this day and age. Who wouldn’t want to have the luxury of not worrying about how to pay your day-to-day bills and have some money left over to enjoy. That would be a nice place to be. 

However, the rise of coronavirus has seen the unfortunate downfall of many businesses. That means many people have been left out of work and financially devastated. For some, it seems like there may be no way back from their situation. 

However, even in times like these, financial freedom isn’t as far out of reach as you might think. While it’s not an overnight process, you can set yourself on track to achieving exactly that!

Not sure where to start? Here are some basic ways you can move towards being financially independent in 2021.

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“I’m Rich!” – How to Handle a Lump Sum Payment of Money

I’m sure you’ve daydreamed at some point about how life would change if a large lump sum payment of money came your way. Say like a million dollars? We’ve all played this game and fantasized about all the good we could do for ourselves and others with that much money.

lump sum paymentBut let’s be completely honest. For most people, this will not happen. The better likelihood of a person becoming rich is that it will take many years of hard work accompanied by traditional saving and investing. That’s the more likely path to wealth and the financial freedom that comes with it.

However, people’s lives can change quickly because they receive a lump sum payment of money worth six or seven figures. How could this happen? Well, there are more ways than you might think. So, Ill detail a few ways here that are not get-rich-quick schemes. Then we will look at what you should do if ever faced with this situation.

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The 5 Most Important Concerns When You Are Flipping Houses

I’ve written a lot on this site about owning rental property and being a landlord. For me, it’s one of the best ways to earn passive income. There is a good deal of work that goes into purchasing and renovating the home. But once that is done, for the most part, owning rental property can be a hands-off side hustle, especially if you hire a professional management company to take care of it for you. 

A not-so-hands-off side hustle would be flipping a house. For those that may not be familiar with this practice, the term “flipping” refers to a short-term ownership of the home. The buyer (investor) purchases the property with the intent of renovating it and then selling it for a profit. This is done in as short a time frame as possible so that income can be realized to pour into the next flip. 

Flipping isn’t easy. I have some friends who do this and have had some measure of success. But if you are looking to make money from buying and selling property, you will need to be fully aware of what is in store for you. Some of the concerns with buying and long-term ownership of rental homes also applies to flipping homes. However, there are a few additional concerns in particularly related to flipping homes. 

So today, I’m going to take a look at what those concerns are and discuss what you can do to deal with them properly. If you do the following, you will find this is much easier to do.

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Learning to Love the Unlovable and Your Enemies (Luke 6:35)

“But love your enemies, do good, and lend hoping for nothing in return; and your reward will be great…” – Luke 6:35

I can easily love my wife. She is precious to me. So are my kids. They have no problem getting and receiving my love. Others who treat me well? Same thing.

love your enemies

Let’s face it, some people are simply more like us – in appearance, in personality, in cultural heritage, in matters of faith, etc. We are attracted to this familiarity and sameness. It gives us comfort and calms us, knowing there are people who we can always rely on and identify with.

When we develop a natural, positive connection with our kind of people, showing love towards them is not difficult. It’s easier to act appropriately around them and demonstrate love to them because we see the world as they do. For our people, we would sacrifice much. If they were in need, we’d come to their aid without hoping for or expecting anything in return.

After all, not only do we like them and treat them well, they like us and treat us well. How could you not love someone like this?

I expect those in Jesus’ day felt much the same way. So it must have shocked their system when Jesus told them to love your enemies” and show acts of love to those they considered unlovable. Can you imagine the expressions in the crowd when he said these words?

You mean, love those people? They are not anything like me. Love your enemies? That’s even harder than loving those who are not like me. Why would I love those who hate me?

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Consider the Ant in Your Definition of Work Ethic (Proverbs 6:6)

“Go to the ant, you sluggard! Consider her ways and be wise.” That verse from Proverbs 6:6 contains an odd word we rarely use today – sluggard. The first thing I think of when hearing that word are creeping, slimy slugs. So sticky and definitely no fun to hold.

consider the antYou may not identify with that word. But you could easily understand what a sluggard is if I gave you some synonyms. How do these words grab you – lazy, sluggish, loafer, slacker and couch potato. Get the picture now?

God has a lot to say about the lazy in the pages of the Bible. This particular passage in Proverbs may be the best known of them all. I think mostly because it tells us to “consider the ant” – an animal we hardly ever pay attention to.

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How to Determine If People Really Want Help With Money

I have been interested in personal finance for quite some time now and love to help with money. I could teach the subject and dish out solid advice for hours. In fact, that’s what I do at my full-time job as high school economics and personal finance teacher. Teaching my students satisfies my appetite on the topic of money.

help with moneyThe funny thing though is, in everyday life, I rarely get into conversations about money.

Why?

Because people rarely ask. Every once in a while someone will approach the subject because they know my interest in it. But not often.

And even more rare are those times when I bring up the subject to someone else. I even resist when I see them making a poor personal finance decision. I’ve learned that when I initiate conversations about money it doesn’t go well.

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What Does God Prescribe for the Handling of Your Personal Finances?

The Bible has a lot to say when it comes to managing our lives in a more wholesome way. Money has always influenced the way people live. However, it does not mean that it should affect the kind of people we are at heart.

If you’ve grown up in a Christian household, you may have heard it said “Practice contentment and don’t covet other people’s stuff” (derived from Exodus 20:17). But the world around us usually says otherwise in the way that it tries to sell us material things by making us want them through various advertisements.

In the modern age, our finances can be affected by just a click of a button. It makes you wonder how we can manage that power and have better control over our finances. Many books have been written and careers made based on the popularity and demand for such help. 

Additionally though, people can and should turn to see the nuggets of advice that the Bible has to offer about how to manage your finances. Here is a quick guide to help us explore what the Bible says about money. 

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Buyer Beware: Renting a Car With a Debit Card

For a significant portion of our adult life, my wife and I chose to live without the use of a credit card. 99% of the time we had no issues when it came to making purchases. We would simply use our debit card or pay with cash when making a transaction. The one major instance where we had difficulty was when renting a car with a debit card.

renting a car with a debit cardWe ran into trouble twice with this type of transaction and in both cases it nearly had us stuck. The worst of those moments was on our vacation to Yellowstone. It nearly cost us our trip.

My wife is an incredible trip planner. She can research and organize a trip with such precision I hardly have to pay attention. The most I end up doing in the trip-planning phase is giving minor advice and approval to her vacation to-do requests.

So when researching for our trip, she had the chance to save $700 on our rental car for the week. That was a no-brainer. “Heck, yeah” I said. “Book that!”

My wife is member of the AICPA (the American Institute of CPAs). As a member she is entitled to discounts with companies with whom the AICPA has an affiliation. One such company is Hertz.

She did all the fine-print reading ahead of time and found out Hertz does accept debit cards for rental car purchases. The one caveat is they require a credit check before releasing the car. That should have raised a red flag for us. However, it just didn’t click in our brains. We just missed it.

So we booked a minivan with Hertz two months prior to leaving and didn’t give it another thought. Until we got to the Cody, Wyoming airport.

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