Ask Chuck: Should I Co-Sign a Loan?
Dear Chuck, So, I cosigned for a student loan and now I’m stuck paying for it. Is there anything I can do? Regretful Dear Regretful, Unfortunately, the same thing happened with my Dad and we have not found a satisfactory remedy. He was approached by an employee whose son needed assistance to get a […]
Ask Chuck: Recovering From Overwhelming Medical Debt
Dear Chuck, Our medical bills are huge this year. We chose a high deductible to keep our monthly insurance payments down. But, we never dreamed we would experience this! Between ambulance rides, emergency rooms, hospitals, doctors, medications, and therapy, the bills are catastrophic. We need hope and light at the end of this dark tunnel. […]
Ask Chuck: 9 Steps to Transform Your Finances
Dear Chuck, When I listen to stories my grandparents tell of the hardships they endured and the sacrifices they and their parents made to provide and get ahead, I wonder if we have handicapped ourselves in our reliance on debt, the government, church benevolence, etc. I understand the need in emergency situations, but I’m concerned […]
Ask Chuck: Financial Concerns for Elderly Parents
Dear Chuck, I don’t know how my parents are going to afford to live their projected lifespan. If they are concerned, they sure don’t live like it. I’m saving and investing as much as I can, but I’m not sure I could adequately come to their rescue. Need Hope Dear Hope, I understand your concern. […]
Ask Chuck: What To Do About America’s Debt?
Dear Chuck, I read that America has dangerous levels of federal debt but also read that it really doesn’t matter. Which is it? And what should I do about it? Worried Taxpayer Dear Worried, America’s federal debt has recently swelled to twenty-two trillion dollars. Those are numbers that were once used only in the […]
Ask Chuck: Paying Off Christmas Debt
Dear Chuck, The bills have arrived and reality has hit. We splurged at Christmas and failed to keep track of everything we bought. We know now! Can you share some tips on paying off holiday debt and how to avoid ever doing this again? Pay! Pal Dear Pay! Pal, It is easy to get […]
Ask Chuck: 3 Steps to Pay Off Christmas Debt
Dear Chuck, Well, we went a little crazy this Christmas…the kids all love their presents but my husband and I are realizing how much we really spent. Our credit card statement hasn’t come in yet but I know we are going to be in for a rude awakening. What can we do to start paying […]
Ask Chuck: Subprime Loans
Dear Chuck, My husband and I would love to buy a home before our second child is born next spring. We are seriously considering a subprime loan since we don’t have a down payment. We have a few years left on our student loans and a car payment. We’ve been told that renting is like […]
Ask Chuck: Good Financial Lessons From Bad Mistakes
Dear Chuck, I’ve made many mistakes with money over the years. I live in regret of how I squandered so much and failed to prepare for the future. My wife is insecure and concerned that we don’t have enough saved or invested for retirement. We need to move forward but are making zero progress. Can […]
Ask Chuck: Debt Consolidation vs Debt Settlement
Dear Chuck, My wife and I are working really hard to get out of debt. We are overwhelmed with 5 credit cards, 2 car loans, student loans for both of us, a mortgage, and furniture that we financed. We now clearly see the mistakes we made and the dangers debt can present. I’ve been doing […]