Opportunity Cost and New Car Myths

We are casually shopping for new-to-us cars, about 2-3 years old. We are not at all in the market for new cars. Why, you might ask? Because on average a new car loses 42% of its value in the first three years.1 That’s literally turning $30,000 into $17,000 in three...
Results Not Typical…?

Results Not Typical…?

We recently wrapped up our 10th session of Financial Peace University. We have offered it 2-3 times a year for the last several years at our local church in Galveston County. I wanted to take a moment and share the results that we turned in to Ramsey Solutions of how...
The Fallacy of Credit Card Rewards

The Fallacy of Credit Card Rewards

This “great deal” illustrated above recently popped up on a shopping deals site I visit from time to time. It’s at best a 2% cash back credit card (but read the fine print…). Everything you need to know about how these things work in reality, and why they are a...