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It’s Good Friday, a day when we reflect on the crucifixion of Christ and what exactly happened on that cross over 2000 years ago. A great transaction took place – in fact, the greatest transaction of all time – and in the process, the amount owed to pay for all of our sins was paid in full. Rob West and Steve Moore share some insights to help us understand what took place, then they answer your questions at (800) 525-7000 and Questions@MoneyWise.org about the following:
· I mentor a woman in our church who has over $50k in medical debt. She’s hoping to retire in 5 years and is therefore considering either refinancing her home to pay the debt, or filing for bankruptcy. What would you advise?
· Husband recently passed away. Wife has been receiving letters and calls from various companies asking if she is the person responsible for the estate. How does she know if the claims are legit or not?
· Couple has student loan debt and has been paying the minimum each month. Should they keep doing that, or should they accelerate getting that paid off, or should they begin putting money aside for their children’s education?
· Caller had debt going to collections. He paid it off, but now another collection agency is calling him to say that he didn’t pay it in full. What must he do to sort this out?
At the end of the program, Steve mentioned the book, Simplifying the Money Conversation, by Ron Blue. You can 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. If you’re active on social media, you can 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.
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