The Fed has been raising interest rates, and theyre threatening to do it again. Thats good news for people with money in the bond market, but bad news for stock investors and one other group thats benefitted from the low interest rates.Were talking about folks with credit cards. Interest rates on those accounts will likely be going up in the coming months. Today, Rob West and Steve Moore will share four rules for avoiding high credit card interest rates. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

- Im seeking advice on whether I should purchase a home or keep renting. I have a pension coming in and plenty of money saved up. I dont want to throw away money on rent, but I also dont want to spend all of my money on repairs and maintenance.

-How much should my husband and I be contributing to our 401(k)? My concern is how unreliable the markets are. How trustworthy is this as an investment option?

-My boyfriend just graduated from college. His mom paid for his tuition, plus he still lives at home. His mom thinks that he should pay a larger amount of rent than his siblings.

-We are debt free except for a home we own and are renting out. Im looking at long-term options for paying off the house and saving for college for my children. What do you think of the 529 plan?

-My daughter is 3, and I want to open a savings account for her future. What do you recommend?

Be sure to check out our new website at moneywise.org to connect with a MoneyWise Coach or access our books, videos, or any of our free helpful resources.You can also find us on Facebook. Thanks for your prayerful and financial support that helps keep MoneyWise on the air.And if you'd like to help, just go to the website and click the Donate tab at the top of the page.

Today on Money Wise, Steve Moore and Rob West speak with economist, Jerry Bowyer, about the virtue of work. Do we have the right attitude about work? Jerry Bowyer and Rob West tackle this topic and other economy topics today on the show. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-Can you explain how FAFSA works?

-My family and I are in between churches. Where should we tithe?

-What is the best way to get rid of credit cards that I no longer use?

-What are my savings options as an immigrant?

Be sure to check out our new website at moneywise.org to connect with a MoneyWise Coach or access our books, videos, or any of our free helpful resources.You can also find us on Facebook and get notifications about what we’re up to. Thanks for your prayerful and financial support that helps keep MoneyWise on the air.And if you'd like to help, just go to the website and click the Donate tab at the top of the page.

To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29

Today on Money Wise, Steve Moore and Rob West speak with economist, Jerry Bowyer, about the virtue of work. Do we have the right attitude about work? Jerry Bowyer and Rob West tackle this topic and other economy topics today on the show. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-Can you explain how FAFSA works?

-My family and I are in between churches. Where should we tithe?

-What is the best way to get rid of credit cards that I no longer use?

-What are my savings options as an immigrant?

Be sure to check out our new website at moneywise.org to connect with a MoneyWise Coach or access our books, videos, or any of our free helpful resources.You can also find us on Facebook and get notifications about what were up to. Thanks for your prayerful and financial support that helps keep MoneyWise on the air.And if you'd like to help, just go to the website and click the Donate tab at the top of the page.

They say hindsight is 2020 but that’s small comfort when you’re trying to fix some mistake you’ve already made. Too often these errors involve money, money you wish you’d kept in your wallet. Wouldn’t a little foresight be better Today, Rob West and Steve Moore share a list of things you’ll almost certainly regret doing with your money. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

- I have a daughter who is disabled and in her late 20s. I have found a physician who will treat her, but our insurance won’t cover it. Are there other options?

-I recently retired. In the last couple of weeks, I’ve noticed a lot of people suggesting that it would be wise to redirect my 401(k) to a self-directed IRA. What do you think?

-My wife and I are in our early 30’s. We own our home outright and I have several investments. But I’m concerned about proper diversification.

-My daughter has been working for a few years, and by the time she goes to college, she’ll have about $7,000 saved up. On the FAFSA, will that money count against her?

Be sure to check out our new website at moneywise.org to connect with a MoneyWise Coach or access our books, videos, or any of our free helpful resources.You can also find us on Facebook. Thanks for your prayerful and financial support that helps keep MoneyWise on the air.And if you'd like to help, just go to the website and click the Donate tab at the top of the page.

To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29

They say hindsight is 2020 but thats small comfort when youre trying to fix some mistake youve already made. Too often these errors involve money, money you wish youd kept in your wallet. Wouldnt a little foresight be better Today, Rob West and Steve Moore share a list of things youll almost certainly regret doing with your money. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

- I have a daughter who is disabled and in her late 20s. I have found a physician who will treat her, but our insurance wont cover it. Are there other options?

-I recently retired. In the last couple of weeks, Ive noticed a lot of people suggesting that it would be wise to redirect my 401(k) to a self-directed IRA. What do you think?

-My wife and I are in our early 30s. We own our home outright and I have several investments. But Im concerned about proper diversification.

-My daughter has been working for a few years, and by the time she goes to college, shell have about $7,000 saved up. On the FAFSA, will that money count against her?

Be sure to check out our new website at moneywise.org to connect with a MoneyWise Coach or access our books, videos, or any of our free helpful resources.You can also find us on Facebook. Thanks for your prayerful and financial support that helps keep MoneyWise on the air.And if you'd like to help, just go to the website and click the Donate tab at the top of the page.

What is keeping us from giving in America? Numbers say that tithers make up less than a quarter of the average congregation. Today on Money Wise, Steve Moore and Rob West discuss some reasons why people have become tight with our tithes and how to change that. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-My wife and I are receiving and inheritance from her grandmother. What is the best way to use/invest this money?

-Why do the credit reporting companies have different numbers that they give out, and is there a certain number of years something can stay on your credit?

-My fianc and I are getting married soon. What is the best way to combine our finances?

Be sure to check out our new website at moneywise.org to connect with a MoneyWise Coach or access our books, videos, or any of our free helpful resources.You can also find us on Facebook and get notifications about what we’re up to. Thanks for your prayerful and financial support that helps keep MoneyWise on the air.And if you'd like to help, just go to the website and click the Donate tab at the top of the page.

To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29

What is keeping us from giving in America? Numbers say that tithers make up less than a quarter of the average congregation. Today on Money Wise, Steve Moore and Rob West discuss some reasons why people have become tight with our tithes and how to change that. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-My wife and I are receiving and inheritance from her grandmother. What is the best way to use/invest this money?

-Why do the credit reporting companies have different numbers that they give out, and is there a certain number of years something can stay on your credit?

-My fianc and I are getting married soon. What is the best way to combine our finances?

Be sure to check out our new website at moneywise.org to connect with a MoneyWise Coach or access our books, videos, or any of our free helpful resources.You can also find us on Facebook and get notifications about what were up to. Thanks for your prayerful and financial support that helps keep MoneyWise on the air.And if you'd like to help, just go to the website and click the Donate tab at the top of the page.

If you haven’t used one of the online grocery shopping services yet, there’s a good chance some of your family, friends, or neighbors have. There’s no arguing the convenience, but is it the right move for you?Today, Rob West and Steve Moore discuss this growing trend. Still, some worry about the quality, freshness, and cost of online grocery shopping. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

- My wife and received a summons in regard to a reverse mortgage that my dad took out several years ago. We didn’t sign the note, so do they have any recourse against us?

-I’m thinking about a reverse mortgage. Can you give me more information about them?

-We have a term life insurance policy. My husband is 73. Do you think we should let it lapse?

-Can you give me some advice how a young person can establish a good credit rating?

Be sure to check out our new website at moneywise.org to connect with a MoneyWise Coach or access our books, videos, or any of our free helpful resources.You can also find us on Facebook. Thanks for your prayerful and financial support that helps keep MoneyWise on the air.And if you'd like to help, just go to the website and click the Donate tab at the top of the page.

To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29

If you havent used one of the online grocery shopping services yet, theres a good chance some of your family, friends, or neighbors have. Theres no arguing the convenience, but is it the right move for you?Today, Rob West and Steve Moore discuss this growing trend. Still, some worry about the quality, freshness, and cost of online grocery shopping. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

- My wife and received a summons in regard to a reverse mortgage that my dad took out several years ago. We didnt sign the note, so do they have any recourse against us?

-Im thinking about a reverse mortgage. Can you give me more information about them?

-We have a term life insurance policy. My husband is 73. Do you think we should let it lapse?

-Can you give me some advice how a young person can establish a good credit rating?

Be sure to check out our new website at moneywise.org to connect with a MoneyWise Coach or access our books, videos, or any of our free helpful resources.You can also find us on Facebook. Thanks for your prayerful and financial support that helps keep MoneyWise on the air.And if you'd like to help, just go to the website and click the Donate tab at the top of the page.

Today on Money Wise Rob West and Steve Moore offer biblical wisdom on credit card scams as well as caller scams.They also talk about paying down debt and helping your children to get a mortgage. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-One of my sons just went through college and is doing well, however he is having trouble getting amortgage because of student loans.Should I help him get a mortgage in my name?

-My husband and I have $43,000 in debt including both our personal and business debt.This debt is between two credit cards and an equity loan, how do we consolidate the debt?

-I have been receiving calls saying that I am the second place winner in a contest for millions of dollars.They are requesting me to send money in order to receive the prize, is this a scam?

Be sure to check out our new website at moneywise.org to connect with a MoneyWise Coach or access our books, videos, or any of our free helpful resources.You can also find us on Facebook and get notifications about what we’re up to. Thanks for your prayerful and financial support that helps keep MoneyWise on the air.And if you'd like to help, just go to the website and click the Donate tab at the top of the page.

To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29