How Significant is Our National Debt, and What Are Its Implications?

I have pointed out before that one thing Republican and Democratic administrations have in common is their apparent unwillingness to do what it takes to balance our budget.

Why is it so hard for the U.S. Government to pull a plug?

Here is a sad and bewildering commentary that captures in one example the utter inefficiency and sometimes craziness of a government that talks about controlling spending, but never seems to actually do it even when it would appear so easy—as in JUST PULL THE PLUG!

Question and Answer of the Week: How to Live Wisely Financially

This week's question is another one I answered on the Revive Our Hearts website:


I hear all kinds of financial advice in today's times. I've heard about investing and saving and preparing for the future (for example, saving for our children's education or retirement). What would you say would be the best financial advice for someone who is just starting out with marriage and children and really doesn't know what to do with their finances?

Thanks for this question. If you do just two things, you will have the cornerstones of living wisely financially.

Question and Answer: Paying Down Debt and Giving

The question I have is that we are reaping consequences from bad choices. My husband and I have a young family and are still paying down $100,000 of student loans from both of us going to a private university.