• Paying for College

    By Sherri McGaffin

    Next to a house, a college education is probably the biggest investment you will make. The average cost of a four-year degree at a public university is around $40,000. Depending on the major selected, that is more than some recent graduates will even earn their first year out of college. If you think that is a big chunk of change, the average cost of a four-year degree from a private school is $134,000. That’s more money than most people will ever earn in a year. With this kind of price tag, how is it possible to attain a higher education without taking out a massive student loan? When I went to college, I knew nothing about scholarships, grants, student loans, or the myriad of other options available to pay for a college education. So how did I pay for my …

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  • Vacationing on a Budget

    By Sherri McGaffin

    “Then Jesus said, “Let’s go off by ourselves to a quiet place and rest awhile.” He said this because there were so many people coming and going that Jesus and his apostles didn’t even have time to eat.” – Mark 6:31 NLT I LOVE going on vacation. I love exploring new places, learning about other cultures, trying new foods and just experiencing what the world has to offer. Americans don’t vacation as much as people in other countries. After doing a little research, I was shocked to learn that the average American employee takes a vacation of only four days. This is hardly enough to scratch the surface of all of the beautiful places there are to see around the globe, and it’s not nearly enough time to come back refreshed. My husband and I take multiple vacations each year. …

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  • Financial Literacy Month

    By Sherri McGaffin

    Some say money makes the world go round while others say money is the root of all evil. However you look at money, there’s one thing everyone can agree on. It’s important to have and even more important to have enough in order to live a comfortable life. April is Financial Literacy Month. There’s a very good reason why there is an entire month devoted to the topic. There’s a lot to learn. When I was trying to figure out what to write about financial literacy, I had a hard time narrowing it down. I could teach an entire course on the topic — in fact, I do teach an entire course on the topic. Money is mentioned 800 times in the Bible. Financial topics in general are referenced 2,000 times in the Bible! Topics range from spending wisely and …

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  • Tax Season is in Full Swing

    By Sherri McGaffin

    Have you completed your 2016 taxes yet? I know I haven’t. My goal, however, is to have them completed by the time you are reading this. Once January 31st, rolls around and you finally get that coveted W-2 Form, the tax season has officially begun. Will I get a refund? Will I owe money? Will I get audited? For many people, completing the annual tax return can be a very daunting process. Even Albert Einstein was quoted as saying, “The hardest thing in the world to understand is the income tax.” I learned how to do taxes when I was about 19 years old. When I moved away from home, and had to pay someone to do them for me, I vowed to learn how to do them myself so that I could save money on something I knew I would …

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  • GT Stories: Dorothy Hoerr

    By Betsy Fick

    Dorothy thought she had tried everything.  Until she tried Financial Peace University. Stories of people meeting financial goals always fascinate me.  I’m sure it’s something to do with being in my mid-twenties and facing the often overwhelming tasks of budgeting and paying down student loans.  I get so inspired by seeing others who really are winning with their money. That’s part of the reason I was so excited to sit down with Dorothy Hoerr a few weeks ago.  I had never met Dorothy, but her name was passed on to me as someone who might be willing to share about her experience with Dave Ramsey’s Financial Peace University. I met Dorothy in the GT atrium one weekday afternoon.  It was just the two of us, sitting in a corner, the buzz of the HVAC system kicking in.  I asked Dorothy …

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