Steve Moore and Rob West offer some advice for seniors looking for work. Next, they answer your questions at (800) 525-7000 and MoneyWise@ Compass1.org about the following:
-I am receiving $12k for disability and back pay. What should I do with that money?
-My wife and I recently got married. We have about 1K each to put into a retirement fund. Would it be wiser to put more in mine since I’m younger, or just put equal amount in each? Also, what money market do you recommend to put our emergency money in? Rob mentions Bankrate.com.
-My husband and I own 3 properties. They are all paid for, but we do have a HELOC on one. As we are trying to live a debt free life, we are at a crossroads. Should we take out debt to buy more investment properties to make more money? We have 5 kids and live on one teacher salary.
Mentioned on today's program: crossroadscareer.org.
Be sure to check out our website,Compass1.org, for a number of helpful resources (we’re on Facebook, too: Compass - finances God’s way). And thanks for your prayers and generousfinancialsupportwhich allow us to keep MoneyWise on-the-air!"
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