Good Record Keeping
There are two types of people in the world: Those whose finances stay safely afloat, and those who sink slowly but surely into debt. Surprisingly, the difference has little to do with how much they earn. Today, Rob West and Steve Moore show you how to properly inflate your Financial Lifeboat – better known as your Emergency Fund – so you’re better prepared for life’s unexpected storms. Next, they answer your questions at (800) 525-7000 and firstname.lastname@example.org about the following:
· I am a veteran and I have a heart for military charities. I recently began to notice that when I get fundraising letters, I see different return addresses on the letters from the same organization. Should that concern me? Are some of them fraudulent?
· I’m curious about dollar-cost averaging when it comes to my investing. Is that wise?
· Do you have any suggestions when both spouses aren’t good about paying bills and keeping track of our financial life?
· I’m 67 and debt free. I was laid off last November, and now have a part time job. My current income doesn’t meet my monthly expenses. How can I better manage my money?
· I’m retirement age and have no debt. I have over a million in the stock market, but I’m wondering if I should cash that stock in and invest in bonds instead.
At the end of the program, Steve mentioned the book, Simplifying the Money Conversation, by Ron Blue. You’ll find it on our website at MoneyWise.org. While you’re there, you can connect with a MoneyWise Coach or access our other books and many free helpful resources. You can also find us on Facebook (MoneyWise Media) and join the conversation. 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.
It’s our way of saying thank you for your gift of $25 or more to MoneyWise. The revolutionary concept of The Treasure Principle has transformed how millions view giving. This revised and updated edition features a new chapter, plus a bonus section addressing frequently asked questions about how to live generously in everyday life.