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By Mark Biller
Sound Mind Investing

CBN.comA question we've heard countless times over the years is "What's the most common mistake people make when managing their finances?" Our answer: making spending and investment decisions apart from a personalized financial plan. No matter how good your investing choices are, if they're made outside the framework of a larger plan, you're inviting trouble.

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By Joseph Slife for
Sound Mind Investing

700club.tv –Would you lend money to a friend? To your brother-in-law? Or to a perfect stranger?

An increasing number of people are answering those questions with a resounding, "Yes!" Over the past three years, lending directly to friends, family members and even total strangers has become a popular way of earning a decent return, while helping out specific people strapped for cash.

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By Deborah Nayrocker
Guest Writer

700club.tvAmericans from all walks of life have experienced the effects of the recession.

Households and businesses have been hit with the realization that they took on too much debt. This debt was based on too few assets. In the past, easy access to credit led to more borrowing and higher amounts of credit. Feeling wealthier, consumers spent beyond their income. U.S. households are in far greater debt today than ever before.

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recession_watch_MDThis economic downturn has triggered the need for families to get a better grasp of their money management skills. 
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NationalSuicide_SPThe U.S. government's debt is growing so large, it's no longer just an embarrassment -- it's becoming a threat to one of history's greatest success stories: the American way of life.

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