Manage Your Money God's Way

Avoid paying interest, don’t buy things you don’t need, and above all else, don’t get caught up in trying to live someone else’s lifestyle. These are all things frugal people do to avoid wasting money.

You have a better chance of getting struck by lightning; dying in a car accident; becoming a victim of identity theft by the age of 40; being bitten by a dog while jogging or or even hitting a hole-in-one on your birthday than winning the lottery. Yet the average American buys $200 of lottery tickets per year. It’s interesting to note that lotteries are exempt from truth in advertising laws. What may sound like such a good deal is really a bunch of lies. Read the Compass Catholic   blog   for more on why the lottery isn’t the answer to your financial problems.

A cheap person will invest a lot of time and energy in order to save a dollar or two, but the time and effort they spend may not be worth the money they saved.

Social security is only supposed to supplement your retirement income. It is not designed to provide your entire retirement income, so you need to save for retirement in a big way. It’s up to each one of us to stop relying on the government to take care of us in retirement. Join us for a discussion about Social Security and read the Compass Catholic blog for more about how secure Social Security really is.

Is there more to life than accumulating money? Join us for a discussion on a Charles Schwab survey about wealth in America. Interestingly the most common responses about what it takes for people to feel wealthy have nothing to do with money. Read the Compass Catholic blog for more on being wealthy versus feeling wealthy.

It’s time to clear the clutter if your garage is so full there’s no room for the car or your basement has boxes that haven’t been opened in years. Here are tips for having a successful garage sale: Get organized ahead of time Decide on your advertising strategy Check to see if a permit is needed Invite your neighbors to participate Make your items easy to see—clothes on hangers, items on tables Plan how you’ll manage the money (cash box, carpenter apron?) Have plenty of change on hand Decide on a discount strategy for end of day or on specific items Prepare to handle leftover items Join the Compass Catholic blog for more on having a successful garage sale.