http://financialexcellence.net Normal is Broke and in Debt. Choose to be WEIRD. Be DEBT FREE! Sun, 05 Feb 2012 03:54:57 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://feeds.feedburner.com/financialexcellence/XEgm Embracing Debt Free Living and Building Wealth the old fashioned way - by working hard and saving money! Tips and Tools for L.I.F.E. - Living In Financial Excellence Matt Wegner clean Matt Wegner matt@mattwegnercoaching.com matt@mattwegnercoaching.com (Matt Wegner) Copyright © 2011 Financial Excellence, all rights reserved Where L.I.F.E. and Money Come Together money, financial freedom, career, small business, investing, budget, debt, free, credit, budgeting, business, finance http://financialexcellence.net/wp-content/uploads/powerpress/Podcast_Cover_Art-217.jpg http://financialexcellence.net TV-G Financial Excellence Studios, Sheboygan, WI Weekly http://financialexcellence.net/verse-of-the-week-train-up-a-child/ http://financialexcellence.net/verse-of-the-week-train-up-a-child/#comments Thu, 06 Oct 2011 09:00:07 +0000 Janelle Wegner http://financialexcellence.net/?p=43943 Continue reading →]]> http://financialexcellence.net/verse-of-the-week-train-up-a-child/feed/ 0 “Train up a child in the way he should go; even when he is old he will not depart from it.” – Proverbs 22:6 Find more bible verses related to money, career and business at financialexcellence.net. Related PostsVerse of the … Continue reading → http://financialexcellence.net/080-financial-excellence-buy-a-boat-or-buy-a-house/ http://financialexcellence.net/080-financial-excellence-buy-a-boat-or-buy-a-house/#comments Tue, 04 Oct 2011 16:52:28 +0000 Matt Wegner http://financialexcellence.net/?p=43963 Continue reading →]]> http://financialexcellence.net/080-financial-excellence-buy-a-boat-or-buy-a-house/feed/ 9 buying a boat,buying a house,debt snowball,emergency fund,Financial Excellence,judgments on debts,life insurance for kids,paying off debt,term insurance,whole life in,whole life vs term life insurance Episode 80: From the Mailbag: Should I Buy a Boat (and more) Oct. 4, 2011. Today Guest Steve Stewart from Money Plan SOS joins me to answer questions from listeners about buying boats, life insurance for children, Episode 80: From the Mailbag: Should I Buy a Boat (and more) Oct. 4, 2011. Today Guest Steve Stewart from Money Plan SOS joins me to answer questions from listeners about buying boats, life insurance for children, and where debts with judgments fit in the debt snowball. Don't forget: Living In Financial Excellence airs LIVE every Tuesday at 10 a.m. CST. You can watch live and join the chat at financialexcellence.net/live-show Show notes: Rita wrote in with a question about a whole life insurance policy on her daughter. She wants to know if she's wasting money on whole life insurance or if she should buy term insurance for her daughter. Matt called in a question about old debts with judgments on them. He wants to know if he should pay them first when he saves up a little money or if he should work the rest of his debt snowball first. Dave Ramsey's advice on debt doesn't make any sense either. That's because his advice isn't based on math or current financial philosophies. It's based on emotions, behaviors, and the advice you'd find in the Bible. My favorite question for the day came from Jackie. She and her husband are debt free and currently renting a house. They live near Lake Michigan and love to spend time on the water. Jackie wants to know if they should buy a house or if it's ok to keep renting so they can buy the boat they want to live the lifestyle they want. They also have retirement and college savings in place, and her husband earns a great income. You can influence what we talk about in future shows. Simply fill out this three-minute survey. Like what you hear? Visit the iTunes store and leave a review or leave a comment below. Or call our listener feedback line and leave a voice message that we can share on the air. As always, we appreciate your feedback!   Matt Wegner clean 49:31 Join the forum discussion on this post Episode 80: From the Mailbag: Should I Buy a Boat (and more) Oct. 4, 2011. Today Guest Steve Stewart from Money Plan SOS joins me to answer questions from listeners about buying boats, … Continue reading → http://financialexcellence.net/verse-of-the-week-each-one-must-give/ http://financialexcellence.net/verse-of-the-week-each-one-must-give/#comments Thu, 29 Sep 2011 13:54:15 +0000 Janelle Wegner http://financialexcellence.net/?p=43936 Continue reading →]]> http://financialexcellence.net/verse-of-the-week-each-one-must-give/feed/ 0 “Each one must give as he has decided in his heart, not reluctantly or under compulsion, for God loves a cheerful giver. : – 2 Corinthians 9:7 Find more bible verses related to money, career and business at financialexcellence.net. Related … Continue reading → http://financialexcellence.net/079-financial-excellence-why-dave-ramseys-advice-doesnt-make-sense/ http://financialexcellence.net/079-financial-excellence-why-dave-ramseys-advice-doesnt-make-sense/#comments Tue, 27 Sep 2011 17:25:24 +0000 Matt Wegner http://financialexcellence.net/?p=43921 Continue reading →]]> http://financialexcellence.net/079-financial-excellence-why-dave-ramseys-advice-doesnt-make-sense/feed/ 6 Dave Ramsey,Dave Ramsey's advice on business,Dave Ramsey's advice on credit score,Dave Ramsey's advice on debt,debt free business,debt free living,entreleadership,Financial Excellence,financial success Episode 79: Why Dave Ramsey Doesn't Make Sense: Sept. 27, 2011. Dave Ramsey has a lot of critics in the financial world. Many of them criticise his methods because they don't make mathematical or theoretical sense. Episode 79: Why Dave Ramsey Doesn't Make Sense: Sept. 27, 2011. Dave Ramsey has a lot of critics in the financial world. Many of them criticise his methods because they don't make mathematical or theoretical sense. But Dave isn't trying to make mathematical sense. He teaches financial techniques that work from an emotional and Biblical standpoint. Don't forget: Living In Financial Excellence airs LIVE every Tuesday at 10 a.m. CST. You can watch live and join the chat at financialexcellence.net/live-show Show notes: Dave Ramsey's Entreleadership nationwide simulcast is coming up on Sept 30th. If you're in the Sheboygan, WI area you can register and attend at Word of Grace Community Church in Sheboygan Falls. Dave Ramsey's business advice doesn't make sense to the secular world. That's because he follows Biblical guidelines when he can. He's not perfect (and neither is anyone else) but he tries to stick to God's word when doing business. Dave Ramsey's advice on debt doesn't make any sense either. That's because his advice isn't based on math or current financial philosophies. It's based on emotions, behaviors, and the advice you'd find in the Bible. Dave Ramsey's advice on credit scores doesn't make any sense to the secular world. Since he doesn't borrow money (see previous bullet) he doesn't care about his credit score. There's a lot to consider here, and I don't think you should worry too much about your credit score. I don't think you should trash it intentionally but I don't think you should take on additional debt just to keep a higher FICO score. Why doesn't any of Dave's advice make sense on paper? Because personal finance isn't about math or knowledge. If it were, we'd all be millionaires because we all know we should avoid debt, spend less than we make, save money, and plan for the future. That's common knowledge. What is uncommon is people actually using that knowledge. Personal finance is about behaviors, not knowledge or mathematics. It's time for the annual Podcast Awards nominations! Will you do us a favor and nominate our show under the People's Choice category? Copy and paste this url into your nomination form: http://financialexcellence.net/lifepodcast You can influence what we talk about in future shows. Simply fill out this three-minute survey. Like what you hear? Visit the iTunes store and leave a review or leave a comment below. Or call our listener feedback line and leave a voice message that we can share on the air. As always, we appreciate your feedback!   Matt Wegner clean 49:50 Join the forum discussion on this post Episode 79: Why Dave Ramsey Doesn’t Make Sense: Sept. 27, 2011. Dave Ramsey has a lot of critics in the financial world. Many of them criticise his methods because they don’t make mathematical … Continue reading → http://financialexcellence.net/weekly-inspiration-there-are-plenty-of/ http://financialexcellence.net/weekly-inspiration-there-are-plenty-of/#comments Tue, 27 Sep 2011 09:00:37 +0000 Janelle Wegner http://financialexcellence.net/?p=43866 Continue reading →]]> http://financialexcellence.net/weekly-inspiration-there-are-plenty-of/feed/ 0 This week’s Motivational Quote: “There are plenty of ways to get ahead.  The first is so basic I’m almost embarrassed to say it:  spend less than you earn.” – Paul Clitheroe Find more motivation and inspiration at financialexcellence.net. Related PostsWeekly … Continue reading → http://financialexcellence.net/weekly-inspiration-another-way-to-solve/ http://financialexcellence.net/weekly-inspiration-another-way-to-solve/#comments Tue, 20 Sep 2011 14:36:56 +0000 Janelle Wegner http://financialexcellence.net/?p=43861 Continue reading →]]> http://financialexcellence.net/weekly-inspiration-another-way-to-solve/feed/ 1 This week’s Motivational Quote: “Another way to solve the traffic problems of this country is to pass a law that only paid-for cars be allowed to use the highways.”  – Will Rogers. Find more motivation and inspiration at financialexcellence.net. Related … Continue reading → http://financialexcellence.net/weekly-inspiration-the-only-man-who/ http://financialexcellence.net/weekly-inspiration-the-only-man-who/#comments Tue, 13 Sep 2011 13:53:00 +0000 Janelle Wegner http://financialexcellence.net/?p=43801 Continue reading →]]> http://financialexcellence.net/weekly-inspiration-the-only-man-who/feed/ 2 This week’s Motivational Quote: “The only man who sticks closer to you in adversity than a friend is a creditor.”  – Author Unknown Find more motivation and inspiration at financialexcellence.net. Related PostsWeekly Inspiration: There are plenty of... Tue 27 Sep … Continue reading → http://financialexcellence.net/verse-of-the-week-there-were-also-some/ http://financialexcellence.net/verse-of-the-week-there-were-also-some/#comments Thu, 08 Sep 2011 09:00:00 +0000 Janelle Wegner http://financialexcellence.net/?p=43764 Continue reading →]]> http://financialexcellence.net/verse-of-the-week-there-were-also-some/feed/ 2 “There were also some who said ‘we have mortgaged our lands and vineyards and houses, that we might buy grain because of the famine’.” – Nehemiah 5:3 Find more bible verses related to money, career and business at financialexcellence.net. Related … Continue reading → http://financialexcellence.net/money-saving-tip-make-your-own-reservations/ http://financialexcellence.net/money-saving-tip-make-your-own-reservations/#comments Fri, 12 Aug 2011 09:00:52 +0000 Janelle Wegner http://financialexcellence.net/?p=43590 Continue reading →]]> http://financialexcellence.net/money-saving-tip-make-your-own-reservations/feed/ 6 This week’s money saving tip: Make your own reservations instead of using a travel agent.  Many hotels and airlines offer discounts and specials for booking online. Find more money saving tips at financialexcellence.net. Related PostsMoney Saving Tip: Bring your own … Continue reading → http://financialexcellence.net/verse-of-the-week-a-good-name-is/ http://financialexcellence.net/verse-of-the-week-a-good-name-is/#comments Thu, 11 Aug 2011 09:00:19 +0000 Janelle Wegner http://financialexcellence.net/?p=43587 Continue reading →]]> http://financialexcellence.net/verse-of-the-week-a-good-name-is/feed/ 4 “A good name is to be chosen rather than great riches, loving favor rather than silver and gold.” – Proverbs 22:1 Find more bible verses related to money, career and business at financialexcellence.net Related PostsVerse of the week: There were … Continue reading →