Steve Moore and Rob West speak about the difference between gambling and the stock market. They also touch on topics such as the lottery and offer Biblical wisdom about the best ways to make the most of the money you have. Next, they answer your questions at (800) 525-7000 and MoneyWise@Compass1.org about the following:
- My wife and I have some credit card debt. We would like to consolidate. Is this wise? Also, my mother in law has quite a bit of money. Should we borrow from her and then pay her back?
- I have a student loan debt that equals more than my home is worth. I am worried that I will never be able to pay it off. Advice?
- How do I transfer assets to my adult children while we are still alive rather than in a will?
- Can you explain the difference between fixed and variable annuities?
Be sure to click the link above to check out our website (Compass1.org) to connect with a Compass Coach or access our books, videos, or any of our free helpful resources. You can also find us on Facebook (Compass - finances God's way) and get notifications about our weekly Facebook Live events. 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.