The blog roundup for this week focuses on money. Yes, that all to scarce yet ubiquitous item that makes itself so important to most people. There is certainly no lack of information on the web about controlling your cash but not all of it is good. We’ll try to offer a selection of the best sites and blogs for your consideration.
I’ll begin with personal finance expert Dave Ramsey. His radio program and speaking engagements have turned Ramsey into something of a cult favorite. I think his advice and encouragement is very good although I am well aware that not everyone agrees with him. Here’s a link to Dave’s 7 Baby Steps to get out of debt. It’s a good place to start and you can explore the site further from that link.
Here’s a bit of a contrarian view about paying off debt from Liz Weston at MSN Money. She argues that we should be selective in which debt we pay off first. Her view is different from Ramsey and certainly worth considering. You can find her article at When paying off debt is a bad idea.”
Here’s a blog that focuses on managing money from a Christian perspective. I know almost nothing about the site or the person but he has a 7 step plan of his own which could prove helpful.
How about a list of 1001 ways to save money? Moolanomy has a list of list to consider.
Frugal Dad (how’s that for a blog name?) suggests using an envelope system to manage your budget. Actually that is also a favorite of Dave Ramsey too. This is a very simple way to take control of your spending.
Here’s a final article, again from Weston at MSN. Her readers shared their dumbest money blunders. Any of you like to chime in?
Please remember, The rich rules over the poor and the borrower is slave of the lender (Proverbs 22:7).
Also Paul’s advice to Timothy “now there is great gain in Godliness with contentment, for we brought nothing into the world and we cannot take anything out of the world.” (1 Timothy 6:6, 7)
Your thoughts, comments and suggestions are always welcomed.