Discussed in this episode: How to protect yourself from a run on the banks. Jim shares his personal experience of converting from health insurance to a Christian medical expense sharing program. The new challenges of retirement planning with uncertain earnings rates and the coming collapse of Social Security and pensions. How to become a banking minimalist. Hosted by James L. Paris and Robert G. Yetman, Jr Editors of ChristianMoney.com. Click here to download… Helping you make the most of God’s money! James L. Paris Editor-In-Chief ChristianMoney.com Follow Me on Twitter Twitter.com/jameslparis Christian Financial Advice Jim Paris 24 Hour Radio Read more →

I have started to see a number of articles lately about so called SAFE accounts and why they are becoming so popular. What are they? A SAFE account is a simple bank account that provides an ATM/debit card and has no overdraft risk. The account is the product of an FDIC pilot program launched in 2011 to reach the 'unbanked' population. It is called 'SAFE' since its primary purpose is to provide the unbanked a safe place to keep their funds rather than taking the risk involved with operating on a cash only basis. These accounts also save consumers from... Read more →

A local judge told the New York Times that 90 percent of credit card lawsuits in his court are flawed, and the credit card company can not prove that the debt is actually owed. The judge went on in the interview to describe the testimony and evidence provided by many credit card companies as tantamount to 'robo-signing' and 'robo-testimony.' This is a reference to the foreclosure scandal and the challenge that many lenders face proving that they own a mortgage on a specific property. Some lenders had employees signing thousands of documents per day attesting to their claim. The employees... Read more →

Prepaid cell phones were historically reserved for those with bad credit or who needed a phone for just a short period of time. Prepaid plans appear to be the new way to save big on your monthly cell phone bill, but there is a catch. Unlike typical cell phone contracts that provide customers a deeply discounted smart phone, the prepaid user must pay 100% of the cost of their phone. Without the discount that comes along with a two year contract, this might mean shelling out $500 or more up front. Save Hundreds Per Year By Converting To A Pre... Read more →

There is a very dark cloud on the horizon that will be devastating to those facing foreclosure or even a short sale or loan modification. In 2007 Congress passed into law 'The Mortgage Forgiveness Debt Relief Act' which provided forgiveness for the taxes that would normally be owed when a home is foreclosed, short saled, or a loan is modified. This protections of this law disappear on January 1, 2013 leaving millions of homeowners in a very precarious situation. From the IRS website - "If you owe a debt to someone and they cancel or forgive that debt, the canceled... Read more →

In this episode, James L. Paris and Robert G. Yetman, Jr. discuss Chick-Fil-A Appreciation Day, Rich Dad Poor Dad Seminars, are they a scam? Is a college education worth the cost? Does it make more sense to buy or rent a home? Click here to download… Helping you make the most of God’s money! James L. Paris Editor-In-Chief ChristianMoney.com Follow Me on Twitter Twitter.com/jameslparis Christian Financial Advice Jim Paris 24 Hour Radio Read more →