Answers to your Financial Questions
If you have a burning question that needs a simple, straightforward answer, you’ve come to the right place.
How big should my emergency fund be?
Emergencies will occur. There is no way around this. Understanding what true emergencies are allows us to determine the size of our emergency fund.
How much of my paycheck should I allocate for spending?
Considering where one is will dictate their priorities. At each stage, what should be allocated for spending is, therefore, whatever is left over.
Should I continue giving money to a church if I’m in debt?
Some argue that one should give financially regardless of the situation. Others believe it is okay to temporarily stop giving if necessary.
What is “Positive Cash Flow” and how can I do it?
Money comes in and money goes out. It’s that simple. Think of a bucket that has water flowing into it and holes in the bottom that allow water to flow out.