We’ve reported to you that the booming economy is causing inflation to creep up and making interest rates rise. Now another welcome consequence of inflation: a cost of living increase for those living on Social Security. On this MoneyWise, Rob West and Steve Moore discuss the 2.8% increase in Social Security benefits, the largest gain in 7 years.
Then, they answer your questions at (800) 525-7000 and [email protected] about the following:
- Is it more beneficial to use an HSA orto report your medical bills around tax time?
- If your credit score was 842 before paying off your house and isat 784 four months later, can paying off a mortgage affect your credit score to this degree?
- Whether to tithe on net or gross: what does the Bible say?
- What should you do if,whenever you create a budget, itlooks like fine on paper, but then you run out of money every month?
- If youthink that you have enough equity to remove your PMIbut your mortgage company disagrees, what should you do?
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