Ask Chuck: A Case for Economic Optimism
Dear Chuck, I have lost $300,000 in my 401k in the past 12 months, and things appear to be getting worse. I plan to retire in 5 years. Should I get my money out of the market or try to ride out the economic storms? Worried Dear Worried, This question came just last week […]
Ask Chuck: Preparing Your Estate Plan
Dear Chuck, We’re considering hiring a financial advisor to help us develop an estate plan. We want to protect and pass down our assets and possibly set up a giving fund that the children will jointly manage. Any suggestions on how to do this right? Stewarding Our Estate Dear Stewarding Our Estate, It is encouraging […]
Ask Chuck: Tax Refunds Expected to Be Lower
Dear Chuck, We usually pay down Christmas debt with our tax refund, but I am worried we will not get as much back this year. What can we expect? Waiting for Our Tax Refund Dear Waiting for Our Tax Refund, You are correct; changes to the tax laws are underway, so resetting expectations for […]
Ask Chuck | How to Become More Generous This Year
Dear Chuck My husband and I have generous hearts, but in reality, our actual giving is not so great. Do you have a plan to help people be more generous? Generous But Average Giving Dear Generous But Average Giving, Your honesty is very refreshing! I think most believers would likely say the same. They […]
Ask Chuck: Best Financial Moves for the New Year
Dear Chuck, We want to start the New Year right when it comes to our finances. Beyond a “get out of debt” resolution, what are the best moves to get us on track? Looking for Financial Tips Dear Looking for Financial Tips, My best tip is to practice the simple but powerful act of […]
Ask Chuck: How Do I Manage My Credit Score?
Dear Chuck, We’ve made financial mistakes in the past and want to improve our credit score in the New Year. What steps should we take, and what should we avoid? Managing Our Credit Score Dear Managing Our Credit Score, This is a great goal for the New Year, and it will impact almost every […]
Ask Chuck: I’m Losing Trust in Currencies
Dear Chuck, I always thought a small diversification into cryptos would protect me from the collapse of fiat money, but now with the collapse of FTX, I am losing trust in the entire concept of currency. What should I do? Losing Trust in Currencies Dear Losing Trust in Currencies, As painful as it […]
Ask Chuck: Should I Trust Cryptocurrencies Now?
Dear Chuck, Since the FTX debacle, do you think the crypto market has been ruined? Cautious Investor Dear Cautious Investor, I don’t think cryptocurrencies are ruined, but the idea that they are a trustworthy asset is severely damaged. Let’s look at a few details of FTX’s collapse and then some biblical principles for investors. […]
Ask Chuck: Are You Shrewd with Money?
Dear Chuck, The Parable of the Dishonest Manager looks like Jesus commends lying. Am I right about this? Curious what you think. Curious Reader Dear Curious Reader, Almost two-thirds of Jesus’ parables mention money or possessions and our beliefs and use of them. He talked a lot about money—more than He did about heaven […]
Ask Chuck: A Financial Tool You Must Have!
Dear Chuck, My wife and I are finally living on a budget! What are some key steps in our financial plans that we should aspire to achieve now? Getting Our Act Together Dear Getting Our Act Together, Bravo! I read some years ago that about 60% of people say they need or desire to live […]
