Today on MoneyWise, Steve Moore and Rob West discuss the changes that will affect the 5.6 million people with TSP accounts. Rob discusses what the changes entail, why the government is making these changes and offers advice and suggestions on what to do if this affects you.Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-I heard you talking a few weeks ago about life insurance. You mentioned something about inheritance for grandchildren. Can you give me this information again?

-My wife and I are in our early 30s. We are trying to figure out the best way to set aside money for retirement as well as savings. Can you help me figure out how to prioritize everything?

-How do you feel about extended warranties?

-What happens to the money from a 529 plan if my daughter decides not to go to college?

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 discuss the changes that will affect the 5.6 million people with TSP accounts. Rob discusses what the changes entail, why the government is making these changes and offers advice and suggestions on what to do if this affects you.Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-I heard you talking a few weeks ago about life insurance. You mentioned something about inheritance for grandchildren. Can you give me this information again?

-My wife and I are in our early 30s. We are trying to figure out the best way to set aside money for retirement as well as savings. Can you help me figure out how to prioritize everything?

-How do you feel about extended warranties?

-What happens to the money from a 529 plan if my daughter decides not to go to college?

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.

Why do we spend money? Are we spending for necessary things like food clothing, housing and transportation, but what about the rest? Are our decisions dictated by the dreaded FOMO (Fear of Missing Out). Today on MoneyWise, Steve Moore and Rob West discuss how to avoid spending due to FOMO.Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-Which should I pay off first, student debt or mortgage debt?

-How do I best prioritize paying off debt?

-My wife and I are trying to pay our home off quickly, but we haven’t done much to save for retirement. Is this ok?

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

Why do we spend money? Are we spending for necessary things like food clothing, housing and transportation, but what about the rest? Are our decisions dictated by the dreaded FOMO (Fear of Missing Out). Today on MoneyWise, Steve Moore and Rob West discuss how to avoid spending due to FOMO.Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-Which should I pay off first, student debt or mortgage debt?

-How do I best prioritize paying off debt?

-My wife and I are trying to pay our home off quickly, but we havent done much to save for retirement. Is this ok?

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.

Wouldn’t it be better to enter retirement financially prepared? Take steps now to ensure that you’ll have retirement resources to stay retired! Find out how on today’s MoneyWise as Rob West and host Steve Moore lay out the plan.

In this episode we also answer your questions:

I need guidance selecting a financial professional. And what is their typical fee?

My daughter has very large student loans. What advice can I give so she can pay them off?

My husband wants to retire this year but I’m not ready for that! I have trust issues with him; I know I’m supposed to trust the Lord, but I’m scared. What position should I take with my husband?

I plan to retire next year. How wise is it to use retirement funds to pay off my home? I do have equity in my home but still have a little left to pay it off.

A bond I’ve had since I was young is maturing soon. But I do have debt. What should I do with the coming interest?

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

Wouldnt it be better to enter retirement financially prepared? Take steps now to ensure that youll have retirement resources to stay retired! Find out how on todays MoneyWise as Rob West and host Steve Moore lay out the plan.

In this episode we also answer your questions:

I need guidance selecting a financial professional. And what is their typical fee?

My daughter has very large student loans. What advice can I give so she can pay them off?

My husband wants to retire this year but Im not ready for that! I have trust issues with him; I know Im supposed to trust the Lord, but Im scared. What position should I take with my husband?

I plan to retire next year. How wise is it to use retirement funds to pay off my home? I do have equity in my home but still have a little left to pay it off.

A bond Ive had since I was young is maturing soon. But I do have debt. What should I do with the coming interest?

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.

You’ve finally paid off that high interest credit card balance. It’s a time of great rejoicing! You’ve improved your financial condition considerably. Then why are you being punished with a drop in your credit score? We’ve always suspected it, but now the truth comes out: Paying off a credit card and closing out the account can actually lower your credit score by several points. Today on MoneyWise Rob West and Steve Moore have the whys and wherefores. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-I’ve heard that if you retire at 63 verses 67, the percentage of Social Security would be much greater. Is that accurate?

-I have a retirement account that I need to roll over. Should I look into a traditional IRA or a Roth?

-My husband and I are looking into AFLAC for supplemental insurance. What do you think?

-I became a widow after my husband and I retired. What common pitfalls should I avoid?

-The bank made some errors on my 2ndmortgage, and as a result gave me zero percent interest on it. Should I put more money toward my main mortgage since I’m paying interest on that one?

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

Youve finally paid off that high interest credit card balance. Its a time of great rejoicing! Youve improved your financial condition considerably. Then why are you being punished with a drop in your credit score? Weve always suspected it, but now the truth comes out: Paying off a credit card and closing out the account can actually lower your credit score by several points. Today on MoneyWise Rob West and Steve Moore have the whys and wherefores. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-Ive heard that if you retire at 63 verses 67, the percentage of Social Security would be much greater. Is that accurate?

-I have a retirement account that I need to roll over. Should I look into a traditional IRA or a Roth?

-My husband and I are looking into AFLAC for supplemental insurance. What do you think?

-I became a widow after my husband and I retired. What common pitfalls should I avoid?

-The bank made some errors on my 2ndmortgage, and as a result gave me zero percent interest on it. Should I put more money toward my main mortgage since Im paying interest on that one?

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 kind of war has no missiles fired, bombs dropped or ships sunk?It has no bloodshed, but still has many casualties? It’s a trade war the kind the U.S is in now with China and other powerful nations.Rob West and Steve Mooreare joined by economist Jerry Bowyer to get the latest intel from the front.Then they answer questions at (800) 525-7000 and [email protected] about the following:

Caller is halfway through the Public Employee Loan Forgiveness Program for her student loans.The program requires ten years of repayment but in the process, it doesn’t look like she’s making headway toward getting out of debt.Should she be concerned?

Caller co-signed her ex-husband’s student loans.He hasn’t paid for several months.Her current husband doesn’t want her to be paying off her former husband’s loans.What are the repercussions if she doesn’t pay?

At the end of the program, Steve mentionsSimplifying the Money Conversationby Rob Blue.It’s available on our website at MoneyWise.org. While you’re there, you can hear past programs, connect with a MoneyWise Coach, learn how to become a MoneyWise Coach, or access our other books and many free helpful resources.If you’re active on social media, you can find us on Facebook (MoneyWise Media) and join the conversation. 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

What kind of war has no missiles fired, bombs dropped or ships sunk?It has no bloodshed, but still has many casualties? Its a trade war the kind the U.S is in now with China and other powerful nations.Rob West and Steve Mooreare joined by economist Jerry Bowyer to get the latest intel from the front.Then they answer questions at (800) 525-7000 and [email protected] about the following:

Caller is halfway through the Public Employee Loan Forgiveness Program for her student loans.The program requires ten years of repayment but in the process, it doesnt look like shes making headway toward getting out of debt.Should she be concerned?

Caller co-signed her ex-husbands student loans.He hasnt paid for several months.Her current husband doesnt want her to be paying off her former husbands loans.What are the repercussions if she doesnt pay?

At the end of the program, Steve mentionsSimplifying the Money Conversationby Rob Blue.Its available on our website at MoneyWise.org. While youre there, you can hear past programs, connect with a MoneyWise Coach, learn how to become a MoneyWise Coach, or access our other books and many free helpful resources.If youre active on social media, you can find us on Facebook (MoneyWise Media) and join the conversation. 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.