Excuses of Non Budgeters
Howard and Steve discuss the main reasons why people do not use a budget with their finances. Next, they answer questions at 800-525-7000 and MoneyWise@Compass1.org:
- "What are the income limitations on IRAs, Roth IRAs, etc.?"
- "Our 21 year old daughter wants us to co-sign for an apartment. We know this is against Biblical teaching. How might we lovingly turn down this request, and what alternatives can we offer her?"
- "My wife and I just sold a home, and have about $80K equity. We are debating going back to my home place, which is paid for, vs. buying another house for $136K, putting down $56K of our $80K equity. Any suggestions?”
Be sure to check out the Compass website for a complete listing of helpful resources and radio archives.
Thanks for your prayers and generous financial support which allow us to keep MoneyWise on-the-air!
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