Today on MoneyWise, Steve Moore and Rob West discuss 529 plans. The explain what they are, the different types, and then they offer Biblical wisdom and advice on how best to use them for college savings.Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-My brother is in the ministry and struggling to make ends meet for his large family. Do you have advice/suggestions on how I could help him financially?

-My wife and I inherited about 300K. What is the best use of this money?

-My wife and I have little debt. We are trying to plan financially for our future. What is the best way to go about doing this?

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 529 plans. The explain what they are, the different types, and then they offer Biblical wisdom and advice on how best to use them for college savings.Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-My brother is in the ministry and struggling to make ends meet for his large family. Do you have advice/suggestions on how I could help him financially?

-My wife and I inherited about 300K. What is the best use of this money?

-My wife and I have little debt. We are trying to plan financially for our future. What is the best way to go about doing this?

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 discuss how to pay down your debt faster while minimizing the damage to your credit score. They also talk about how debt management actually works and how it is different from other operations.Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-I’ve been helping my mom sort through her finances. We’ve been finding bills from long ago. How far back do I need to go to get things sorted out?

-My husband and I have saved 20K. Should we continue to rent or look at buying a home?

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 discuss how to pay down your debt faster while minimizing the damage to your credit score. They also talk about how debt management actually works and how it is different from other operations.Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-Ive been helping my mom sort through her finances. Weve been finding bills from long ago. How far back do I need to go to get things sorted out?

-My husband and I have saved 20K. Should we continue to rent or look at buying a home?

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.

Are you a house-rich and cash-poor senior citizen?If so, you’ve probably considered a reverse mortgage to help make ends meet.What could be better than freeing up the equity in your home to help cover your living expenses?Well, unfortunately, every silver lining ... has a cloud, which is why Rob West and Steve Moore take a look to see if the financial cure is worse than the ailment.They offer the follow alternative suggestions:

Sell your home and buy something smaller.This will give you the extra cash you need, and reduced expenses since a smaller home is usually cheaper to heat and cool and requires less maintenance.

Refinance the balance you owe with a traditional mortgage.Just be sure you don’t extend the term of the mortgage.If you could pay off your existing mortgage in ten years, don’t take out a thirty-year mortgage to replace it.

Sell the house to one of your heirs and then rent it back.

Consider an inter-family mortgage.Sell your house to a family member, but you hold the mortgage.You would move to a smaller home to save money, but the monthly payments will offset your cost of living.

Next, they answer questions at (800) 525-7000 and [email protected] about the following:

I have a good income and no debt, but want to get on a budget and don’t know how to start.Also, can you recommend any good budgeting apps?(Rob suggests Mvelopes, Mint, or EveryDollar.He also suggests contacting a MoneyWise Coach who will work with you for up to 12 weeks to help you set up a budget and make sure it’s all working properly.)

Retired couple bought a timeshare about six years ago for over $20,000.The annual maintenance fees are about $1600.They can no longer afford it.How can they get rid of it?(Rob recommends going to TUG2.com.This is the Timeshare Users Group.There is good information for those hoping to sell a timeshare, and there are even some in the group who occasionally buy.)

Husband was offered a good job with a company that shares his Christian values.They would like him to come to work as a contractor rather than an employee.What’s the difference?

How is your Social Security benefit adjusted based on any income earned after you start drawing benefits?

At the end of the program, Steve mentionsNavigating the Mortgage Mazeby Dale Vermillion.It’s available on our recently revamped 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

Are you a house-rich and cash-poor senior citizen?If so, youve probably considered a reverse mortgage to help make ends meet.What could be better than freeing up the equity in your home to help cover your living expenses?Well, unfortunately, every silver lining ... has a cloud, which is why Rob West and Steve Moore take a look to see if the financial cure is worse than the ailment.They offer the follow alternative suggestions:

Sell your home and buy something smaller.This will give you the extra cash you need, and reduced expenses since a smaller home is usually cheaper to heat and cool and requires less maintenance.

Refinance the balance you owe with a traditional mortgage.Just be sure you dont extend the term of the mortgage.If you could pay off your existing mortgage in ten years, dont take out a thirty-year mortgage to replace it.

Sell the house to one of your heirs and then rent it back.

Consider an inter-family mortgage.Sell your house to a family member, but you hold the mortgage.You would move to a smaller home to save money, but the monthly payments will offset your cost of living.

Next, they answer questions at (800) 525-7000 and [email protected] about the following:

I have a good income and no debt, but want to get on a budget and dont know how to start.Also, can you recommend any good budgeting apps?(Rob suggests Mvelopes, Mint, or EveryDollar.He also suggests contacting a MoneyWise Coach who will work with you for up to 12 weeks to help you set up a budget and make sure its all working properly.)

Retired couple bought a timeshare about six years ago for over $20,000.The annual maintenance fees are about $1600.They can no longer afford it.How can they get rid of it?(Rob recommends going to TUG2.com.This is the Timeshare Users Group.There is good information for those hoping to sell a timeshare, and there are even some in the group who occasionally buy.)

Husband was offered a good job with a company that shares his Christian values.They would like him to come to work as a contractor rather than an employee.Whats the difference?

How is your Social Security benefit adjusted based on any income earned after you start drawing benefits?

At the end of the program, Steve mentionsNavigating the Mortgage Mazeby Dale Vermillion.Its available on our recently revamped 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.

Society is obsessed with wealth. Game shows and state lotteries all glorify money. For many, someday having a mountain of cash would be a dream come true. No matter how you accumulate your wealth, whether its buying a one dollar lottery ticket or earning it the old fashioned way, you’re still faced with one question: How will you use it? Today on MoneyWise Rob West and Steve Moore share the answers. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-I have saved about $8,000. My car is getting older and I need to buy another one. Should I put some money toward a down payment of another car and the rest to a college fund for my children/

-Where should I keep my emergency fund? In a checking account? Under the mattress? Where should it go?

-I have 2 accounts with $50,000 each. I looked into CDs, but I wasn’t impressed with the returns. I’m thinking of paying off my house with the money and then paying myself back. Is that a good idea?

-Is it OK to give our four kids allowances? We want them to learn about the reward of hard work and how to manage money.

-I’m 25 years old and I need to raise my credit score. The problem is, I can’t get a loan, so I don’t have the ability to raise the score. What should I 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

Society is obsessed with wealth. Game shows and state lotteries all glorify money. For many, someday having a mountain of cash would be a dream come true. No matter how you accumulate your wealth, whether its buying a one dollar lottery ticket or earning it the old fashioned way, youre still faced with one question: How will you use it? Today on MoneyWise Rob West and Steve Moore share the answers. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-I have saved about $8,000. My car is getting older and I need to buy another one. Should I put some money toward a down payment of another car and the rest to a college fund for my children/

-Where should I keep my emergency fund? In a checking account? Under the mattress? Where should it go?

-I have 2 accounts with $50,000 each. I looked into CDs, but I wasnt impressed with the returns. Im thinking of paying off my house with the money and then paying myself back. Is that a good idea?

-Is it OK to give our four kids allowances? We want them to learn about the reward of hard work and how to manage money.

-Im 25 years old and I need to raise my credit score. The problem is, I cant get a loan, so I dont have the ability to raise the score. What should I 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.

Today on MoneyWise, Steve Moore and Rob West welcome Kingdom Advisor’s co founder, Ron Blue, to discuss three of the most common financial mistakes people make. They discuss Ron’s book, Master Your Money, and talk about how best to learn from your mistakes. They also discuss topics such as living a modest lifestyle, living on a budget, and how much to budget for automobiles.Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-My 17-year-old daughter has a business through social media. What is the best way to make sure she is keeping everything organized financially?

-Is there a risk to keep 15% in my company 401k even if they only match 4%?

-My name is not on the deed to most things that my husband and I own. Do I need to do something about this?

To learn more about Ron Blue and Kingdom Advisors, visit kingdomadvisors.org.

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 welcome Kingdom Advisors co founder, Ron Blue, to discuss three of the most common financial mistakes people make. They discuss Rons book, Master Your Money, and talk about how best to learn from your mistakes. They also discuss topics such as living a modest lifestyle, living on a budget, and how much to budget for automobiles.Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-My 17-year-old daughter has a business through social media. What is the best way to make sure she is keeping everything organized financially?

-Is there a risk to keep 15% in my company 401k even if they only match 4%?

-My name is not on the deed to most things that my husband and I own. Do I need to do something about this?

To learn more about Ron Blue and Kingdom Advisors, visit kingdomadvisors.org.

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.