Today on MoneyWise, Steve Moore and Rob West discuss a tried and true way on how to control your spending and avoid over drafting your plastic. They offer 7 practical tips on how to use the envelope system and go cash only.Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-My mother recently passed. My father has a lot of properties and land that he now needs to take care of. What is the best way to protect these properties and also make sure they are willed correctly?

-Can I use a portion of my IRA to do some work on my home?

-What is the difference between an annuity and an IRA? Can I use my annuity to pay off debt?

-My 23 year old just graduated college, got a job and is making good money. What is the best advice for me to give him on how to save and invest?

-I worked at a company for 10 years and am being offered a pension as a lump sum. Is this a wise idea?

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 a tried and true way on how to control your spending and avoid over drafting your plastic. They offer 7 practical tips on how to use the envelope system and go cash only.Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-My mother recently passed. My father has a lot of properties and land that he now needs to take care of. What is the best way to protect these properties and also make sure they are willed correctly?

-Can I use a portion of my IRA to do some work on my home?

-What is the difference between an annuity and an IRA? Can I use my annuity to pay off debt?

-My 23 year old just graduated college, got a job and is making good money. What is the best advice for me to give him on how to save and invest?

-I worked at a company for 10 years and am being offered a pension as a lump sum. Is this a wise idea?

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.

If you have anything to do with the real estate market, you know we’re entering an exciting time of the year. It’s peak home-buying season. But for many homebuyers, it can also be a dangerous time. Millions of Americans will buy homes this summer, and for many of them over-spending will be a great temptation. Today on MoneyWise Rob West and Steve Moore welcome financial expert Art Rainer to talk about setting limits on your home purchase.Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-I’ve been looking at budgeting apps. Is it wise to use them? Can’t they see my bank balances?

-I received a savings bond more than 30 years ago and I have since misplaced it. Is there any way to find it in the system if I enter my Social Security number?

-Someone asked me to cosign on their car loan. Is there ever a time that it’s OK to cosign?

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

If you have anything to do with the real estate market, you know were entering an exciting time of the year. Its peak home-buying season. But for many homebuyers, it can also be a dangerous time. Millions of Americans will buy homes this summer, and for many of them over-spending will be a great temptation. Today on MoneyWise Rob West and Steve Moore welcome financial expert Art Rainer to talk about setting limits on your home purchase.Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-Ive been looking at budgeting apps. Is it wise to use them? Cant they see my bank balances?

-I received a savings bond more than 30 years ago and I have since misplaced it. Is there any way to find it in the system if I enter my Social Security number?

-Someone asked me to cosign on their car loan. Is there ever a time that its OK to cosign?

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.

If you ask someone which holiday represents freedom, they’d probably say the 4th of July. But Memorial Day reminds us of thepriceof freedom the lives given so that we might enjoy liberty.Amidst the

picnics and parades, ball games and barbecues, Rob West and Steve Moore have some Memorial Day thoughts to share, and then they answer questions at (800) 525-7000 and [email protected] about the following:

We want to pay off our debts when we sell our house.We want to check our credit, but don’t want checking it to hurt our credit.What’s the best way to check your credit without doing any harm?(You can check your credit reports from each of the three main credit bureaus for free once per year by going toExperian.com,Equifax.comandTransUnion.com. You can check your score for free at CreditKarma.com.)

Is it better to cut up Department Store credit cards or completely cancel the account?Will one hurt your score more than the other?

What’s the best credit card to get to help reestablish credit after coming out of bankruptcy?

Should I tithe on my Social Security check?

How can I be sure that the credit scores I see on various websites is the same thing I get from Experian, Equifax and TransUnion?(Rob explains the difference between credit scores and credit reports and also talks about the different scores and who uses them.)

Be sure to check out 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

If you ask someone which holiday represents freedom, theyd probably say the 4th of July. But Memorial Day reminds us of thepriceof freedom the lives given so that we might enjoy liberty.Amidst the

picnics and parades, ball games and barbecues, Rob West and Steve Moore have some Memorial Day thoughts to share, and then they answer questions at (800) 525-7000 and [email protected] about the following:

We want to pay off our debts when we sell our house.We want to check our credit, but dont want checking it to hurt our credit.Whats the best way to check your credit without doing any harm?(You can check your credit reports from each of the three main credit bureaus for free once per year by going toExperian.com,Equifax.comandTransUnion.com. You can check your score for free at CreditKarma.com.)

Is it better to cut up Department Store credit cards or completely cancel the account?Will one hurt your score more than the other?

Whats the best credit card to get to help reestablish credit after coming out of bankruptcy?

Should I tithe on my Social Security check?

How can I be sure that the credit scores I see on various websites is the same thing I get from Experian, Equifax and TransUnion?(Rob explains the difference between credit scores and credit reports and also talks about the different scores and who uses them.)

Be sure to check out 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.

Today on MoneyWise, Steve Moore and Rob West discuss Jesus’ warning in the Parable of the Sower. Rob and Steve unpack this critical passage and offer the listeners some helpful and Biblical advice on how to financially live according to Jesus’ teachings.Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-I’ve recently received a severance. I’ve tithed off of it, but have about 50K left. What is the best thing to do with this money?

-I lost about 40K out of my 401k. I moved most of it to a money market account and never reinvested it. What should I do with it now?

-My daughter received a settlement from a car accident. What is the best use of this money?

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 Jesus warning in the Parable of the Sower. Rob and Steve unpack this critical passage and offer the listeners some helpful and Biblical advice on how to financially live according to Jesus teachings.Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-Ive recently received a severance. Ive tithed off of it, but have about 50K left. What is the best thing to do with this money?

-I lost about 40K out of my 401k. I moved most of it to a money market account and never reinvested it. What should I do with it now?

-My daughter received a settlement from a car accident. What is the best use of this money?

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.

You want to provide for your family to make sure they’re covered no matter what may happen to you, but which type of life insurance is best for you?Term or Whole Life (permanent)?We generally recommend Term because it’s only insurance.Whole Life or other permanent insurance products blend in an investment component, which generally doesn’t perform as well as a straight investment.There are exceptions to that preference, though, and Steve Moore and Rob West delve into which may be best for you.

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

64-year-old widow has no debt and has three income streams.She also has an annuity she has been paying for, but is wondering what it’s costing her and whether she needs to keep paying into it.

77-year-old has term life insurance for which the term is about to end.She’s wondering if she needs to replace it with another life insurance policy, or if she needs it at all.She was hoping to use it to leave something to her grandchildren.

What percentage of our income should cover our housing costs?How do you make that work?

Caller said her tax preparer recommended using a Qualified Charitable Distribution from her IRA since she wouldn’t be able to write off her deductions any longer when using the new standard deduction.Is this correct and is it legal?

At the end of the program, Steve mentionsThe Financial Stewardship Biblefrom the American Bible Society.You’ll find it on our website at MoneyWise.org. While you’re there, you can hear past programs, connect with 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

You want to provide for your family to make sure theyre covered no matter what may happen to you, but which type of life insurance is best for you?Term or Whole Life (permanent)?We generally recommend Term because its only insurance.Whole Life or other permanent insurance products blend in an investment component, which generally doesnt perform as well as a straight investment.There are exceptions to that preference, though, and Steve Moore and Rob West delve into which may be best for you.

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

64-year-old widow has no debt and has three income streams.She also has an annuity she has been paying for, but is wondering what its costing her and whether she needs to keep paying into it.

77-year-old has term life insurance for which the term is about to end.Shes wondering if she needs to replace it with another life insurance policy, or if she needs it at all.She was hoping to use it to leave something to her grandchildren.

What percentage of our income should cover our housing costs?How do you make that work?

Caller said her tax preparer recommended using a Qualified Charitable Distribution from her IRA since she wouldnt be able to write off her deductions any longer when using the new standard deduction.Is this correct and is it legal?

At the end of the program, Steve mentionsThe Financial Stewardship Biblefrom the American Bible Society.Youll find it on our website at MoneyWise.org. While youre there, you can hear past programs, connect with 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.