Category Archives for "Debt"

Ask Chuck: Should I Pull My Investments in Chinese Companies?

Dear Chuck, I’ve been hearing a lot about Evergrande and the Chinese economic woes for months. Should I pull out of my investments in Chinese companies?  Investor Worries    Dear Investor Worries,  Having traveled to China on a number of occasions, I have long been aware that there was a housing bubble, a debt bubble, […]

Ask Chuck: Is Now the Time to Buy a Car?

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. […]

Ask Chuck: My Spouse is an Impulsive Spender

Dear Chuck, Do you have any advice for someone married to an impulsive spender? Cautious Budgeter    Dear Cautious Budgeter,  Sounds like you may be married to an opposite financial personality; my wife and I can relate!  Most of us have made an impulsive purchase at some point in time. Others struggle with it more […]

Ask Chuck: Overcoming Financial Bitterness

Dear Chuck, Our best friends are on the brink of a divorce. A financial mistake occurred several years ago, and they’re slowly working their way out. But the wife is struggling to forgive. Any advice?  Financial Bitterness    Dear Financial Bitterness,  This is a far bigger problem than simply fixing their finances. A divorce usually […]

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