How to Turn "Reasonable Cause" into IRS Penalty Forgiveness Many people are unaware that the IRS offers penalty relief for taxpayers who have a valid reason for not filing or paying their taxes on time. This relief, known as "penalty abatement due …
Can You Truly Live Generously on a Tight Budget? Many Christians wonder how they can live generously when their finances are tight. It can be challenging to balance giving with saving and paying bills, especially when living paycheck to paycheck. H…
Is the 30% Rule for Housing Costs Still Wise Today? The 30% rule has long been a cornerstone of personal finance, advising that no more than 30% of one's gross monthly income should be allocated to housing expenses. This includes rent or mortgage p…
Are You Sacrificing Your Future by Taking Social Security Too Soon? Retirement. It's a time many of us dream about – a time to relax, enjoy hobbies, and spend more time with loved ones. But with retirement come important financial decisions 1…
Are You Ready for the IRS When Selling Online? Selling online has exploded in popularity in recent years, with platforms like Etsy, Amazon, and Shopify making it easier than ever to launch a business from your own home. But with the convenience and…
Does Divorce Have to be Painful? Avoiding Financial and Tax Traps Divorce is one of the most stressful life events a person can experience. It can turn your world upside down and make it hard to get through the workday and stay productive1. But wit…
Are You Truly Ready to Retire, or Are These Financial Habits Holding You Back? Retirement. It's the golden dream many of us work towards for decades1. A time to finally relax, enjoy the fruits of our labor, and spend our days pursuing passions and …
What Happens to Your Debt When You're No Longer Here? Imagine this: you've just lost a loved one, and amidst the grief and emotional turmoil, you're suddenly faced with the daunting task of sorting through their finances. To your surprise, you disc…
How Can Faith and Wisdom Break the Chains of Debt? Debt can feel like a suffocating weight, holding you captive and stealing your peace. But as Christians, we have a powerful weapon against debt: our faith in God and the wisdom found in His Word. T…
Mastering Your Finances: A Christian Perspective Welcome back to Ask Ralph – Christian Finance, where we explore the intersection of faith and finances. Today, we'll delve into three crucial aspects of financial stewardship: how diligence and…
