Americans borrowed less for an 11th consecutive month in December, paying off credit cards while increasing borrowing for cars and other products. link This is great news. For 11 months in 2009 the American people not only covered their bills, but they paid down debt. The irony of that is clear. 2009 was a horrible…… Continue reading Life After Debt
Nearly every day I encounter someone who tells me their churches budget was cut, people at their church are about to lose their jobs, or otherwise their church is encountering hard financial times. That’s not purely a bad thing. Here are three positive things that a lack of money bring to a church. 1. A…… Continue reading 3 Positive Effects of Recession on the Church
Our culture is inundated with the negative news of the recession. News outlets struggle to find fresh ways to accurately describe the words “the economy sucks” each hour of the day. The church has followed right along with the negative news. A lot of blogs have cited a report that church participation is on a…… Continue reading What’s Good About the Recession?
Yesterday was a bit of a shock to the system. It’s not until you leave the Detroit area that you see just how different it is from SoCal. In many ways, the area seems oblivious to the deep recession (I’d call it borderline depression. If not economically, definitely on the psyche of the area.) Walking through…… Continue reading Buyers market vs. Sellers market
The most basic of questions now has a new meaning. At least where I live. You ask a shop keeper it and he asks you. Same with neighbors, teachers, folks at church, bank tellers, waitresses, and pretty much everyone I come into contact around town. “How are you doing?” It’s a basic, friendly question with…… Continue reading How are you doing?