Dear Chuck, I have been a saver for years. I was recently accused of hoarding money. What constitutes hoarding? Super Saver Dear Super Saver, I am so glad to know that you save because so many do not. A year ago, Fool.com surveyed 2,000 Americans and found the following: 71% have a savings account. […]
Dear Chuck, Since my money is obviously buying less and less, how do I wisely invest in an inflationary economy? Fearful Senior Dear Fearful Senior, While I am not an economist, I am an investor. I believe you have expressed a very relevant concern for all of us, not just seniors. We have experienced […]
Dear Chuck, Should I buy a used car now? I’ve been told to just buy new, but I don’t want a car payment. Needing Transportation Dear Needing Transportation, My perspective is that neither is a good option right now. I suggest you try to hold off until market conditions change. Some context will help. […]
Dear Chuck, I don’t agree with the political views of my company. They voice their views; yet, I think I would be fired if I voiced mine. I want to keep my job, yet I want to distance myself from their positions. Any advice? Silent Dissenter Dear Silent Dissenter, Many are wrestling with this […]
Dear Chuck, I have been steadily paying down debt, and the end is within site. I’m due a sum of money for the sale of some real estate and wonder if I should pay off the remaining debt or save it. Seems like a good time to be debt free. What would you do? Almost […]
Dear Chuck, My husband started short-term disability in order to address addiction issues. He is the sole provider for our family. Recently, he moved $100,000 from his 401k to cover our debt and bills while he seeks to get well. Do you think paying off all debt is wise (except for our mortgage), or do […]
Dear Chuck, Although I don’t really believe in it, I am thinking of adding Bitcoin to my retirement funds. What do you think about it? To Buy Bitcoin or Not to Buy Bitcoin? Dear To Buy Bitcoin or Not to Buy Bitcoin, First, my disclaimer: I am not an investment adviser and can only […]
Dear Chuck, I’ve recently wondered if it’s possible to be too generous. My wife thinks we need to be more generous with our own families as part of what we give to the church and parachurches. Giving Too Much? Dear Giving Too Much, This is a delicate subject, and I commend you for reaching […]
Dear Chuck, Digital currency will be all the rage soon. Won’t it just make inflation worse? Digital Doubter Dear Digital Doubter, There are a lot of new developments regarding digital currencies. It is inevitable that they will be introduced by Central Banks and become a normative part of our lives. It is also a […]
Dear Chuck, My husband and I have a lot in common, but we also have a WHOLE lot of differences. When it comes to money, we are complete opposites. Help! Financial Opposites Dear Financial Opposites, You have asked the right person about this challenge! My wife and I are as different as a pit […]