http://adammclane.com/2009/05/26/getting-started-in-investing-part-two/ Wed, 23 May 2012 16:55:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://adammclane.com/2009/05/26/getting-started-in-investing-part-two/#comment-5633 adammclane.com » » Getting Started in Investing, part 3 Wed, 03 Jun 2009 14:27:30 +0000 http://adammclane.com/?p=4460#comment-5633 [...] Part 2 of this series we talked about dealing with the monster of debt & savings. But this is how we acquired this debt in the first place! It wasn’t that we didn’t [...] [...] Part 2 of this series we talked about dealing with the monster of debt & savings. But this is how we acquired this debt in the first place! It wasn’t that we didn’t [...]

]]> http://adammclane.com/2009/05/26/getting-started-in-investing-part-two/#comment-5617 Linkworthy - 6/1/09 | MattCleaver.com Mon, 01 Jun 2009 16:31:42 +0000 http://adammclane.com/?p=4460#comment-5617 [...] Getting Started in Investing, part 2 - Adam McLane continues his series on personal finance for youth ministers. [...] [...] Getting Started in Investing, part 2 – Adam McLane continues his series on personal finance for youth ministers. [...]

]]> http://adammclane.com/2009/05/26/getting-started-in-investing-part-two/#comment-5594 Amy Wed, 27 May 2009 15:04:37 +0000 http://adammclane.com/?p=4460#comment-5594 Thanks for writing these posts, Adam, I know they will be a blessing to people who need to hear this! My husband and I are in this very stage of life right now, though we are not doing things quite as you suggest. The interest rates on our credit cards were making my husband insane, so we paid them off first - over $6,000 of debt in a year without having to deprive ourselves completely! And we chose to pay off the card with the lowest balance first, rather than the once with the highest interest rate. For me, I needed the encouragement of knocking one card out fairly quickly. Now we are focused on creating that cushion of a few months living expenses, though we are having a harder time with this because our income has dropped since my husband started seminary full-time. Still, I KNOW we can do it, and once we have we can focus on real investment for our future. Neither of us are gifted with money, so it feels good to be making progress. Thanks for writing these posts, Adam, I know they will be a blessing to people who need to hear this! My husband and I are in this very stage of life right now, though we are not doing things quite as you suggest. The interest rates on our credit cards were making my husband insane, so we paid them off first – over $6,000 of debt in a year without having to deprive ourselves completely! And we chose to pay off the card with the lowest balance first, rather than the once with the highest interest rate. For me, I needed the encouragement of knocking one card out fairly quickly. Now we are focused on creating that cushion of a few months living expenses, though we are having a harder time with this because our income has dropped since my husband started seminary full-time. Still, I KNOW we can do it, and once we have we can focus on real investment for our future. Neither of us are gifted with money, so it feels good to be making progress.

]]> http://adammclane.com/2009/05/26/getting-started-in-investing-part-two/#comment-5590 brian Tue, 26 May 2009 21:03:33 +0000 http://adammclane.com/?p=4460#comment-5590 Adam. Great stuff. Very thoughtful and useful post for those of us in ministry -- particularly youth ministry. Will be adding this to my Twitter feed! Adam. Great stuff. Very thoughtful and useful post for those of us in ministry — particularly youth ministry. Will be adding this to my Twitter feed!

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