There’s been a shift during our recent bull market! Mark Biller, Executive Editor of Sound Mind Investing, with Rob West and cohost Steve Moore, discuss whether our investments are better handled by a live, human, financial advisor (actively managed) or by using an index fund (passive). There’s also a cost difference!

In this episode we also answer your questions:

A good amount of money has come my way and I don’t want to squander it. What should I do with it?

I’m 63 and I’ve financially supported my children until they were on their own. They’re no longer dependent upon me. I’ve been paying for an Accidental Death Dismemberment insurance policy. But now that my children are grown, should I still keep paying into this?

I’m concerned about over contributing to my Roth IRA. How can I reduce my taxable income so that I can continue to contribute to that Roth?

To ask your questions, call (800) 525-7000 or email them [email protected]. Also, visit our website,moneywise.org,where you can connect with a MoneyWise Coach, purchase books, and even download free, helpful resources.

Like and Follow us on Facebook atMoneyWise Mediafor videos and the very latest discussion!

And remember that it’s your prayerful and financial support that keeps MoneyWise on the air. You can help us continue this outreach by clicking the Donate tab at the top of the page.

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

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

Theres been a shift during our recent bull market! Mark Biller, Executive Editor of Sound Mind Investing, with Rob West and cohost Steve Moore, discuss whether our investments are better handled by a live, human, financial advisor (actively managed) or by using an index fund (passive). Theres also a cost difference!

In this episode we also answer your questions:

A good amount of money has come my way and I dont want to squander it. What should I do with it?

Im 63 and Ive financially supported my children until they were on their own. Theyre no longer dependent upon me. Ive been paying for an Accidental Death Dismemberment insurance policy. But now that my children are grown, should I still keep paying into this?

Im concerned about over contributing to my Roth IRA. How can I reduce my taxable income so that I can continue to contribute to that Roth?

To ask your questions, call (800) 525-7000 or email them [email protected]. Also, visit our website,moneywise.org,where you can connect with a MoneyWise Coach, purchase books, and even download free, helpful resources.

Like and Follow us on Facebook atMoneyWise Mediafor videos and the very latest discussion!

And remember that its your prayerful and financial support that keeps MoneyWise on the air. You can help us continue this outreach by clicking the Donate tab at the top of the page.

An offer from a so-called credit restoration company is all too likely a scam and won’t do a thing to improve your credit score. The truth is, only you can repair your credit by paying your bills on time every month. That said, there are things you can do to minimize the damage from late payments in your credit report that lower your score. Today on MoneyWise Rob West and Steve Moore explore what those are. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-I just got a new job, and I’d like to start saving some money. What’s the best way to do that?

-My wife is a federal government employee. She has about 8 years until she retires. All of our retirement money is in her 401k. Is there anything we should know about it before we retire?

-I looked at a credit simulator online, and it indicated that I should keep a balance on my credit cards to have a higher credit score. Is that correct?

-My children are no longer dependent on me, so I cancelled my life insurance policy. That frees up $600 per month. What’s the best way to put that money to work for me?

-I just reached 70 , so I’m facing a required minimum distribution.Should we put that money into mutual funds? Or an online savings account?

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

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

An offer from a so-called credit restoration company is all too likely a scam and wont do a thing to improve your credit score. The truth is, only you can repair your credit by paying your bills on time every month. That said, there are things you can do to minimize the damage from late payments in your credit report that lower your score. Today on MoneyWise Rob West and Steve Moore explore what those are. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-I just got a new job, and Id like to start saving some money. Whats the best way to do that?

-My wife is a federal government employee. She has about 8 years until she retires. All of our retirement money is in her 401k. Is there anything we should know about it before we retire?

-I looked at a credit simulator online, and it indicated that I should keep a balance on my credit cards to have a higher credit score. Is that correct?

-My children are no longer dependent on me, so I cancelled my life insurance policy. That frees up $600 per month. Whats the best way to put that money to work for me?

-I just reached 70 , so Im facing a required minimum distribution.Should we put that money into mutual funds? Or an online savings account?

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 MoneyWise, Steve Moore and Rob West speak with author and teacher, Howard Dayton, about the dangers of playing the lottery. They give Biblical wisdom on why to avoid gambling and how our country has been affected by it.Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-Is there a limit on contributing to a deferred comp?

-Do you recommend long-term health insurance?

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

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

Today on MoneyWise, Steve Moore and Rob West speak with author and teacher, Howard Dayton, about the dangers of playing the lottery. They give Biblical wisdom on why to avoid gambling and how our country has been affected by it.Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-Is there a limit on contributing to a deferred comp?

-Do you recommend long-term health insurance?

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.

Millions of Americans have health insurance with sky-high deductibles, some as high as $2,000. So how helpful is your health insurance plan if you can’t afford to use it? Today on MoneyWise Rob West and Steve Moore look at two remedies for high health insurance deductibles and which might be best for you. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-Should I surrender my life insurance policy from a large national company?

-Rob has said in the past that when people borrow money it changes the relationship. I’d like to add to that as soon as someone asks for money, it changes the relationship.

-I looked at a credit simulator online, and it indicated that I should keep a balance on my credit cards to have a higher credit score. Is that correct?

-My wife and I have been married for a couple of months. I’m finishing up my college degree, and will be able to find a job next year. When should we begin thinking about buying a house?

-Is it wise to take out a home equity loan to add a second bathroom to our house?

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

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

Millions of Americans have health insurance with sky-high deductibles, some as high as $2,000. So how helpful is your health insurance plan if you cant afford to use it? Today on MoneyWise Rob West and Steve Moore look at two remedies for high health insurance deductibles and which might be best for you. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-Should I surrender my life insurance policy from a large national company?

-Rob has said in the past that when people borrow money it changes the relationship. Id like to add to that as soon as someone asks for money, it changes the relationship.

-I looked at a credit simulator online, and it indicated that I should keep a balance on my credit cards to have a higher credit score. Is that correct?

-My wife and I have been married for a couple of months. Im finishing up my college degree, and will be able to find a job next year. When should we begin thinking about buying a house?

-Is it wise to take out a home equity loan to add a second bathroom to our house?

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 MoneyWise, Steve Moore and Rob West are joined by Neile Simon from Christian Credit Counselors to talk about how to battle consumer debt. They offer Biblical wisdom and practical tips on how to get out of consumer debt. Neile also gives information on what Christian Credit Counselors offers and how they can help.Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-My husband and I have 7 grown children that live all over the country. I would like to move to be close to some of them, but my husband would like to stay where we are. How do we make the best decision about what to do?

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

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

Today on MoneyWise, Steve Moore and Rob West are joined by Neile Simon from Christian Credit Counselors to talk about how to battle consumer debt. They offer Biblical wisdom and practical tips on how to get out of consumer debt. Neile also gives information on what Christian Credit Counselors offers and how they can help.Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-My husband and I have 7 grown children that live all over the country. I would like to move to be close to some of them, but my husband would like to stay where we are. How do we make the best decision about what to do?

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.