What is wrong with gazelle intensity

What’s Wrong with Gazelle Intensity?

If you’re familiar with Financial Peace University (FPU), you know all about gazelle intensity. It’s Dave Ramsey‘s method for getting out of debt fast. You run away from debt with the intensity of a gazelle in the Serengeti fleeing from a hungry cheetah. In practical terms, it means you cut your spending to the bone for a period of months …

what happens to my debt when i die

What Happens to my Debt When I Die?

What happens to my debt when I die? Does it just go away? Or will my family be responsible to pay it for me? The answer depends on a few factors, including the type of debt, if you have any assets when you die, and if you’re legally married or not. We generally don’t like to dwell on the fact …

More Than Fifty Shades of Gray

More Than Fifty Shades of Gray

  There are more than fifty shades of gray when it comes to money, because each person’s financial situation is unique and complex. Earlier this month I sent out a daily series of emails, entitled “The Top 10 Money Mistakes You Might Be Making,” which I’ve compiled HERE. I received several interesting responses directly from you, my dear readers. A …

Financial Rock Bottom, Christine Luken, Financial Lifeguard

Bouncing Back From Financial Rock Bottom

  Bouncing back from financial rock bottom isn’t easy and I know it from personal experience! In this podcast episode of Your Money, Your Wealth with Joe Anderson, CFP and Big Al Clopine, CPA, I tell others how they can rescue themselves from financial rock bottom! (My portion of the show starts at the 11 minute mark.)   CLICK HERE TO LISTEN! …

Smart Financial Risk, Christine Luken, Financial Lifeguard

Smart Financial Risk Taking

Smart financial risk taking is woven into the fabric of the entrepreneurial life.  If you’re a risk-adverse small business owner, it’s likely you’ll have ulcers and empty pockets before too long.  When it comes to managing your money within your business, where is the fine line between smart financial risk taking and recklessness? Being too scared to invest money in your business is …