While the recent talk about interest rates suggests they will be moving higher again shortly, the reality is that they are still so low that any increases in the foreseeable future will result in rates remaining low, overall. Additionally, the economy, both domestically and globally, remains soft, with a large number of weak underlying fundamentals, such that there really is no solid ground available on which significantly higher rates can gain traction. Low rates mean favorable borrowing terms, of course, and favorable borrowing terms open you to the possibility of “good” debt or leverage, like that exemplified by smart real... Read more →


ChristianMoneyPlus Member's Only Podcast Is Produced Two Times Per Month. Due to the collapse in oil prices, the price of gas is now well under $2 in most states. What is good news for the masses, is bad news for people working in the oil business. In fact, America's boom towns are quickly becoming bust towns. On this episode, Jim and Bob discuss three states hurt most by the oil collapse, and homes for sale in two of these states for under $50,000. Also on this episode, the exploding opportunity of becoming a firearms instructor, and can you build a... Read more →


By Robert G. Yetman, Jr. Editor At Large More money advice from Robert Kiyosaki. Robert Kiyosaki, the author of the bestselling Rich Dad Poor Dad, has a message for Millennials in his new book, Second Chance: For Your Money, Your Life and Our World. Namely, that instead of following the historically “tried and true” rules like going to school, getting a job, working hard all of your life and saving as much as you can, that younger people should do it all differently now. Now, those who want to get ahead should embrace the reality of low interest rates and... Read more →


By Robert G. Yetman, Jr. Editor At Large Years ago, all was sunshine and roses in the world of real estate and mortgage financing; values of homes were in the midst of a steady rise, and it seemed as though the trend would last forever. It didn’t, of course, but few conceived of the degree to which it would all unravel. The lasting effects of the global economic collapse of 2008, wherein real estate led much of the way, have included a distinct difficulty on the part of borrowers with less-than-great credit to secure their piece of what’s been long-considered... Read more →


Robin Speronis owns a parcel of land in Cape Coral, FL but lives a bit unconventionally. Speronis agreed to do an interview with her local Fox News affiliate about her survivalist lifestyle. Since she is not connected to the local utilities (water, sewage, and electrical), the city issued a notice to vacate. The judge in this case ruled that it is not legal for Speronis to live on her property without being connected to city water. The court also ruled that she can use her alternative power, but her equipment must be approved by the city. The Video Below Is... Read more →


On this episode of the podcast Jim Paris and Bob Yetman discuss the news that only 1 in 3 people say that will be able to fully retire at age 65, the risk of loaning out your car, are those ‘cash for your home’ deals worth considering, and a new website that makes it super easy to shop out your car insurance. Use player below, or download. (Free excerpt of podcast - members click here for full audio) 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 →


TV Star Offers To Help You Get Rich In Real Estate

I have been hearing quite a few radio ads lately from real estate guru Than Merrill. He was featured in seasons three and four of the A&E TV show Flip This House. Merrill was also a notable college football star that was drafted by the Tampa Bay Bucs in 2001. His NFL career ended in 2003 when he suffered a knee injury. The ad (voiced by Merrill) says that he is looking to add people to his real estate investing team, and that his flipping opportunity is ideal for the (insert city name) market. Yep, it said that Daytona Beach... Read more →


Famed actor Burt Reynolds says he is not broke, but some people are wondering after the announcement of the auction one of the largest personal collections of a living celebrity. The Burt Reynolds Auction will take place in Las Vegas on December 11 and 12. Bidders may also register to participate online and by telephone. Reynolds, age 78, is selling everything, including the kitchen sink (more than 600 personal items). Many of the items are the sort of thing you would expect, such as movie memorabilia, etc... but others are more of a personal nature, such as art and conversation... Read more →


If you purchased a home in recent years and put less than 20% down, it is almost a certainty that your monthly mortgage payment includes Private Mortgage Insurance. This is not insurance for you, but for the lender in case you default on the loan. I received a question this week from a reader on this topic and did some digging to find out the latest on PMI. In the case of this one reader, they are currently paying more than $400 monthly for PMI on a $400,000 mortgage. PMI typically adds 1.35% to your annual interest rate. Many people... Read more →


CBS Atlanta is reporting that a woman lost her condo to auction over an unpaid tax bill in the amount of $94.85. The woman, Xui Lui, says she never received any of the notices of the unpaid tax or the anouncement of the auction of her home. It turns out that the city of Norcoss, GA was using an incomplete address. This, in turn, led to the letters being returned to the city's office as 'undeliverable.' Reports are that the letters did not even include a street name. The city apparently had no procedure to deal with the multiple letters... Read more →


According to Bankrate, the national average for a fixed-rate, 30-year mortgage has fallen to 4.23% presently; while no longer at historical lows, a rate like this means that the cost to borrow is still very modest. I can tell you that home buying activity in my immediate area has been rather active, and there appears to be little sign of that abating anytime soon. However, as far as interest rates are concerned, there need not be any urgency on the part of prospective home buyers. Based on the positively anemic (at best) growth of the economy, those in the market... Read more →


Of course, we are all aware of the financial collapse that has slowly taken place in Detroit over the last decade. The city has been left in the unusual circumstance of becoming the caretaker for thousands of abandoned houses. In some cases, the homes have been bulldozed - entire neighborhoods were simply demolished. The remaining empty homes are now being auctioned off with hopes that people will return to the city, stake their claim, and become part of its next chapter. As you will see pictured below, these appear (at least externally) to be decent looking houses. You can browse... Read more →