Dear Chuck, I am so excited because we’re getting a significant tax refund this year! What are the best uses of these unexpected funds? Rejoicing over Our Refund Dear Rejoicing over Our Refund, It is always exciting to receive unexpected funds! Like you, millions of Americans receive refunds every year. According to IRS data, […]
Dear Chuck, We have always filed our taxes taking the standard deduction. A friend at church suggested I might qualify for a greater deduction because of our increased giving in 2023. What do you think is the best option? Paying Caesar What Is Caesar’s Dear Paying Caesar What Is Caesar’s, Charles Schwab notes that […]
Dear Chuck, My brother wants to have a family reunion at a casino resort. He thinks it is a real bargain. My husband and I are totally opposed. Can you give us some guidance? Not a Gambling Family Dear Not a Gambling Family, First, there are a number of factors here that must be […]
Dear Chuck, I serve on the benevolence committee at my church. Inflation seems to be a common issue. How can we help the hurting during this time without creating dependencies? Helping Without Creating Dependency Dear Helping Without Creating Dependency, Many people suffering from the impact of inflation are hurting because of the symptoms of […]
Dear Chuck, Based on the high cost of retirement housing, we’re considering building an ADU on our property for my parents. We want to make sure it’s a wise investment. They are elderly but healthy and have offered to pay a small rental fee and for all utilities. Do you see this as a good […]
Dear Chuck, Last year was the first time I had ever heard of Frugal February. Our family of four plans to try it, and we welcome some of your ideas to make it work. Family Needs to Save More Dear Family Needs to Save More, Frugal February is a term that people have adopted […]
Hey Chuck, I work with someone who is under a great deal of financial stress. It’s beginning to affect his ability to work, and I want to help my friend. What approach do you recommend? Friendly Financial Help Dear Friendly Financial Help, I hate financial stress. It can be devastating to our emotional, physical, […]
Dear Chuck, I’m really trying to develop a Biblical mindset when it comes to money. Can you give me some foundational changes I need to make? Moving from a Worldly Money Mindset Dear Moving from a Worldly Money Mindset, I am reminded of the Parable of the Rich Fool in Luke 12. He earned […]
Dear Chuck, I received a sizable bonus and am thinking about investing a portion of it into CDs while rates are up. We are nearing retirement and do not want to risk it in the stock market right now. Any advice? Cautious Investors Dear Cautious Investors, Congratulations on that bonus! I know it will […]
Dear Chuck, I want to lose weight and get in physical shape this year. I need to join a gym, but I have a limited budget. What is the best way to save money on a gym? Fit and Frugal Dear Fit and Frugal. Getting fit is a common goal for many people at […]