Ask Chuck: Is there Hope for this Economic Crisis?
Dear Chuck, Is the sky falling? I have never seen so much panic around a virus in my life! It seems the economic damage being done is worse than the flu? When will this nightmare end? Holding Out Hope Dear Holding Out Hope, Bear with me; a lot is going on. The events we […]
Ask Chuck: Will Social Security Go Broke?
Dear Chuck, I’m a recent college graduate with my first “real” job. With that comes paying into the Social Security System. My concern is whether or not there will be funds for me someday, especially in light of the recent deficit report. Worried Millennial Dear Worried Millennial, First, I am impressed with a number […]
Ask Chuck: 4 Steps to Prepare for a Recession
Dear Chuck, I keep reading about experts predicting that a recession is coming. What do you think? Although I am getting ready, what is your advice to help me ride it out? Getting Ready Dear Getting Ready, Of course a recession is coming! They are inevitable; we just don’t know when or if we […]
Ask Chuck: Everything You Need to Know About Negative Interest Rates
Dear Chuck, I can’t wrap my head around negative interest rates. What does this mean for my savings accounts in the bank? Can you help me figure this out? Confused about Rates Dear Confused, You are not the only one who finds this a challenge to understand. Simply put, it inverts the model that […]
Ask Chuck: Is Universal Basic Income a Biblical Solution?
Hey Chuck, I read more and more people pushing for Universal Basic Income (UBI)? This sounds cool but so does a free condo on the beach. First, what is it? More importantly, is it really a good thing? Interested in UBI Thanks for your important and timely question. UBI is being talked about heavily among […]
Ask Chuck: What Does the Bible Say About the Green New Deal?
Dear Chuck, Doesn’t the Bible say we should protect the environment? Are we going to have to give in to centralized government controls to preserve our natural resources? This “Green New Deal” has me nervous. Ms. Green Dear Ms. Green, There is a lot in your question so let’s take the issues in order. […]
Ask Chuck: Economic Consequences of New York State’s Reproductive Health Act
Dear Chuck, The most recent New York abortion legislation is appalling; but besides being morally wrong, won’t a population decline hurt our economy? This seems like a bad direction for us all. Concerned American Dear Concerned, Your concern is well placed. Yes, the long-term economic consequences of abortion are bad for everyone. New York State’s […]
Ask Chuck: Preparing for a Recession
Dear Chuck, I’m hearing and reading murmurs of a coming recession. My investments took a beating in the last one, and our property value has finally recovered. I’m feeling uneasy and would love your advice on how to adequately prepare? Getting Nervous Dear Nervous, The idea of preparing for hardship is timeless. Noah built an […]
Ask Chuck: Does Buying American Really Matter?
Dear Chuck, I’ve been wondering lately what the balance is between being a good citizen and a good steward. I want to be a good citizen and buy American-made products. But I also want to be a good steward and find the lowest cost for products. Does “buying American” really matter in today’s economy? Patriotic […]
Ask Chuck: Choosing a Trending Career
Dear Chuck, I have been in my current job for only two years since graduation and am starting to feel I made a mistake. I don’t like the hours I am required to work and the compensation is not keeping up with my needs. To make it worse, the outlook for this field is bleak. […]