Christmas Eve
Today on MoneyWise, Howard Dayton and Steve Moore celebrate Christmas Eve by offereing suggestions for last minute shopping and preperations for Christmas. Then they take questions from listeners at 800-525-7000 and MoneyWise@Compass1.org:
- "My wife went to school with government loans. Each loan was about 6K or more and each have their own interest rates. I am paying about 180/mo in interest. Is there a way to bundle these and get one single interest rate?"
- "My husband and I work full time. We have 4 small children. I am the bread winner but I would like to stay home with our children. This will be about a 70% reduction on our budget. We have money in savings. Should we apply this towards our home loan?"
- "My husband is taking a buyout and we will be receiving about 65K. We have about 10K on an IRS debt and 16K in other debt. I have a student loan of 320K. How should we best use this money?"
Be sure to check out our website, Compass1.org, for a number of helpful resources. And thanks for your prayers and generous financial support which allow us to keep MoneyWise on-the-air!
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