Ask Chuck: Christmas Shopping on a Budget
Dear Chuck, Money is tight for Christmas this year. Any tips for shopping Black Friday and Cyber Monday sales? Looking for Deals Dear Looking for Deals, You can search for articles pointing you to the “best deals” on Black Friday or Cyber Monday, but be aware that many of those articles are really just […]
Ask Chuck: The Secret Ingredient to a Great Business
Dear Chuck, My husband and I just relocated and want to start a business in which he has years of experience. He left a company that lacked integrity and was losing clients. We have money but don’t know many people here yet. Any suggestions before we step out? Pensive Entrepreneurs Dear Pensive Entrepreneurs, It would […]
Ask Chuck: Are My Investments Safe Under a Biden Presidency?
Dear Chuck, How do you think a Biden presidency would impact my retirement nest egg? It is hard to know which way this election will go! I can’t afford to lose my savings. Fearful Retiree Dear Fearful Retiree, Thanks for the question. As of this writing on November 4th, the day after the presidential election, […]
Ask Chuck: Time for a Home Upgrade?
Dear Chuck, The real estate market in our area is booming! We are thinking of buying an upgraded home with these low rates but are worried we may not be able to find what we really want or need. Can you give us some tips? Homebuying Fever Dear Homebuying Fever, We are in the […]
Ask Chuck: Children Are A Blessing… And An Investment
Dear Chuck, My daughter and son-in-law have decided they will not have children due to overpopulation and the cost. I don’t understand how they could make such a decision. Can you give me some good stats to share with them? Hoping for Grandchildren Dear Hoping for Grandchildren, Since I have five grandchildren already, I know […]
Ask Chuck: Understanding Inflation/Deflation
Dear Chuck, I’m new to investing and don’t really understand the ramifications of inflation and deflation. I would like to position myself to minimize loss regardless of what happens. Any tips? Novice Investor Dear Novice Investor, I am not a professional investment advisor but can give you some Biblical financial principles that will help you […]
Ask Chuck: Considering Retirement
Dear Chuck, My wife is urging me to retire. I am not ready yet and do not know if I ever will be. I enjoy working. However, what do you think are the best financial moves to be ready? Prepping for Retirement Dear Prepping for Retirement, This year has caused many people to consider […]
Ask Chuck: Not Making Any Progress?
Dear Chuck, I had high hopes of making financial progress while working from home since March. I have a good job, a stable marriage, and good friends. Unfortunately, my wife and I blew through money and took on some consumer debt. We need a financial reset. What is step one? Financially Stuck Dear Financially […]
Ask Chuck: Updating Our Will
Dear Chuck, We recently had a family member hospitalized with COVID-19. It has made us acutely aware of the need for a will. Do you have any advice? Getting Our House in Order Dear Getting Our House in Order, This is a good idea whether we have the threat of COVID-19 or not. I […]
Ask Chuck: Universal Basic Income Explained
Dear Chuck, Can you explain the concept of Universal Basic Income? It seems more like a Robin Hood plan than good economics. Concerned Taxpayer Dear Concerned Taxpayer, Universal Basic Income (UBI), known by many other names, is defined by its most ardent supporters like this: “It is a regular income paid to everyone without […]