The Coming Collapse Of America's Pension System

In his book, California Dreaming, Dr. Lawrence McQuillan outlines the problem and potential solutions to America's burgeoning pension crisis. Nationwide, there is almost a $5 trillion dollar shortfall in funding of government pensions. Although his book focuses primarily on California, he also makes the point that this same crisis is about to happen in multiple other states. This is not a distant problem, but is a present day crisis as cities like Chicago are already facing a collapse of their pension system. Much of the problem stems from a lack of honest accounting on the part of politicians, but bloated... Read more →


Tax Return Identity Theft

IRS problem solver Dan Pilla joins Jim to discuss the growing problem of tax refund theft and so called tax identity theft. Also discussed - innocent spouse relief, when married individuals should file separate returns, bankruptcy and taxes, foreclosure and taxes, what to do if you have not filed a tax return in recent years, and more. Dan Pilla is a tax ligitation specialist admitted to practice in U.S. Tax Court. He has authored numerous books on tax related issues focusing on resolving IRS problems. Read more →


Student Loan Forgiveness, Payment Reduction, And More, With Jan Miller

Student loan expert Jan Miller joins Jim for a powerful discussion of strategies for dealing with student loans. How to consolidate, refinance, and even how to get total forgiveness through a speical Obama program. What to do if your loan is in default, and can student loans be discharged in bankruptcy. Read more →


How To Replace Cable With Free Internet TV

Jim discusses some of his most popular money saving strategies. How to replace expensive cable TV with free Internet television. How to get a free home phone for life. How Christians can opt out of Obamacare and save 50% or more on health insurance with a Christian medical sharing plan. Jim also shares how to find lost money, including how he found thousands of dollars for one of his relatives. Read more →


Save Thousands By Switching To A Prepaid Cell Phone Plan

Jim discusses his move from an AT&T contract cell phone plan to a Virgin Wireless prepaid plan. Why he switched and how much money he will save. The low price of gas has given lawmakers the idea that they can raise fuel taxes. A gallon of gas already includes about 50 cents in taxes. Jim is outraged that there is now talk about increasing fuel taxes beyond current levels. Read more →


What To Do When You Can't Pay Your Bills It may be one of life's scariest moments. You realize that there are significantly more bills than you have money to pay them with. It might be the result of overspending for months or even years, on the other hand it could simply be the loss of a job and no emergency savings to fall back on. We don't seem to have much to offer people in such predicaments within the Christian community. Consider it tantamount to offering an exercise program or a cholesterol pill to someone having a heart attack.... Read more →


Was Santa good to you this year? Chances are he’s at least been better to you over the course of the last few decades. According to an article at CNN.com, the so-called middle class continues to spend larger sums during the holiday season, and a big part of the reason is simply the desire, or maybe some feeling of obligation, to do more. Yes, prices are up, but that’s not the only reason for the rise in the amounts people are spending – most of us simply seem to want to drop more dough, and, it should be noted, such... Read more →


I don't know if you remember the old TV show The Equalizer. I absolutely loved this show. Edward Woodward was perfectly cast as the main character, Robert McCall. The Equalizer was a retired spy that used his background and special skills to help ordinary people get justice (when the authorities were of no help). By the way, if you missed it, the movie version starring Denzel Washington came out just a few weeks ago. The movie version was a bit more violent than the TV show (see trailer below). You have to love The Equalizer because he was ready, willing,... Read more →


Facebook And Your Checkbook - Rachel Cruze Daughter Of Dave Ramsey Joins Jim Paris Live

http://www.christianmoney.com On this episode Rachel Cruze, the daughter of Dave Ramsey joins Jim Paris Live. How to teach your kids about money. How does social media affect our spending? What unique financial challenges do Millennials face today? How to go to college without using student loans, the dangers of credit card debt, and much more. Read more →


Pay For Christmas With Other People's Money

http://christianmoney.com On this episode Jim discusses how to pay for Christmas by simply sharing links online to retailers like Amazon, Best Buy, Wal-Mart, and others. Are the Millennials a generation of narcissists? Philadelphia establishes Craigslist transaction safe zones. Fake IRS agent scam continues to rake in thousands. Chip and Pin technology coming by early 2015 to many government agencies. Forget Black Friday, the sales have already started. Obamacare enrollment opening up again on November 15, why you should see what options are available to you. Why Christian medical sharing is a better option than ever. Read more →


These days, it’s hardly out of the ordinary for people to carry significant credit card balances. It’s not necessarily due to self-indulgent, carefree living or anything like that, but, rather, because of just how difficult it is to get by these days, in a world still characterized by economic malaise, to include rampant underemployment, which, in many respects, is worse than the outright unemployment problem plaguing the nation. One such person recently asked for my thoughts on just how to get out from under his burdensome credit card debt. His situation is not unusual: he’s a fellow with three cards,... Read more →


One of the best books I’ve ever read on personal finance is The Millionaire Next Door. It was first published in 1996, at a period in time when the accumulation mindset was in full force throughout American society. Without discussing it in great detail here (if you’ve not yet read it, I would certainly recommend doing so), the book emerged as the result of work done by two credentialed business academics, Dr. Thomas J. Stanley and Dr. William D. Danko, who studied the lifestyles of “typical” millionaires…the ones who work at fairly regular kinds of labors…to identify the patterns and... Read more →


Budgeting is truly the foundation of our personal finances. It used to be a simple matter of employing a yellow pad or even a small ledger book, but today there are a dizzying number of methods of budgeting. The truth is, however, that it does not have to be as complicated as we make it. My mother is a 71 year old widow, and is by no means wealthy. She gets by just fine, and I asked her the other day if she had a budget. My mom simply explained that on the first of the month she pays all... Read more →


Recently, a friend asked my advice about what to do regarding a loan she co-signed for one of her children. It seems this person co-signed a car loan for a son who graduated last year from college, but he’s now having trouble coming up with the payments in a timely fashion. She’s concerned because he’s been late with some payments, and she now wants to make the obligation exclusively his. Unfortunately, I didn’t have good news for her. It is very common for co-signers who wish to no longer be associated with the running obligation to inquire about how to... Read more →