Are you thinking about and planning your retirement? Here is some helpful advice from David McAlvany, President of McAlvany Wealth Advisors and author of The Intentional Legacy. “Through no fault of their own, the rules have changed. You used to be able to count on 4% of your savings to supplement your retirement income. Today, it’s […]
Originally posted on the Christian Post on October 14. Dear Chuck, I read a story recently in the Washington Post about a frugal librarian who drove an old car, carried his lunch, and spent next to nothing on himself, making it possible for him to save $4 million that he donated to the school he loved, […]
Borrowing is not prohibited scripturally, but neither is it encouraged. It is always presented as a negative with many warnings about its danger and misuse. Here are fundamental Biblical principles related to borrowing. Avoid borrowing unless absolutely necessary: Borrowing should not be a way of life but the exception. Only if there is no other […]
Dear Chuck, Should I buy a car from Craigslist? There seems to be a lot of great deals from private sellers. And I would love to pay cash rather than have a car payment. But the process seems so daunting. Many of the posts look like scams, and most sellers say “cash only” but I […]
Originally posted on the Christian Post on September 30. Dear Chuck, My elderly parents are considering a reverse mortgage because they are struggling on a fixed income. Is that a good idea? Could it do more harm than good? Worried for Mom and Dad Dear Worried, I share your concerns about reverse mortgages, called “the ugly […]
Originally posted on the Christian Post on September 23. To learn Biblical answers to your financial questions, you can #AskChuck @AskCrown your questions by clicking here. Questions used may be lightly edited for length or clarity. Dear Chuck, I’m trying to fit in to a new workplace, and I’m on the outside of a lot of the conversations […]
Originally posted on the Christian Post on September 16. Dear Chuck, With great jobs so scarce, I get nervous going into an interview. I’m not sure how to prepare or what to say to stand out from the crowd. What do you recommend? Desperately Seeking Employment Dear Desperately, Take a deep breath. You can do this! […]
We live in a culture where debt is assumed to be essential for everything. The Bible tells us that the borrower is a slave to the lender so we should be vigilant in our efforts to avoid becoming financial slaves. Here are the things I would not use debt to purchase: A Car. Financing something […]
Now this one has not happened to anyone in our family, but since I have a son in college, I was glad to learn about it so we can have our guard up. According to John Wasik who writes a blog for Forbes on financial scams, “This latest scam has crooks calling families or students […]
Originally posted at Christian Post September 9, 2016. Dear Chuck, What are the rules when a bank repossesses your car? Do you still have to pay them what you owe and can they garnish your wages for payment? I have a friend who has just turned her life over to Christ and over the years she has […]