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 […]
Ask Chuck: Struggling Newlyweds
Dear Chuck, My wife and I are newlyweds and struggling to spend less than we earn. Our parents agreed to help us until our first anniversary which is in February. To prepare for that date, we need help now. Spending Stress Dear Spending Stress, This has been a challenging time for many couples especially […]
Ask Chuck: Falling for a Scam?
Dear Chuck, I’m hearing more and more about financial scams…. I’m concerned about my daughter falling for one while she’s attending college out of state. Scared of Scammers Dear Scared of Scammers, I’m with you! You and your daughter should be on alert as a downturn in the economy always creates an upturn in […]
Why Getting Out of Debt May Be Overrated
Are you in debt? Do you feel guilty about being in debt? Most Christians probably know it is best to be debt-free. In fact, it has been so popularized as a goal for Christians that it may be overshadowing other more important Biblical financial principles. Having studied the Bible to understand what God says about […]
UBI – The Promise and Peril of Universal Basic Income
What is Universal Basic Income (UBI), you might ask? Although known by many other names – citizen’s income, citizen’s basic income, basic income guarantee, guaranteed annual income, or universal demogrant –this is how its most ardent supporters would answer that question: “It is a regular income paid to everyone without any conditions. Everyone would automatically […]
Ask Chuck: What to Know Before Investing
Dear Chuck, I’m trying to teach my children/grandchildren some basic financial principles. Any tips I could pass on in regards to investing? Motivated Grandmother Dear Motivated Grandmother, What a blessing for your family that you want to help them get better with their finances. It will not only help them for the here and […]
Ask Chuck: Should I Buy a House?
Dear Chuck, My wife and I are considering buying a house now although it’s a year earlier than we planned. We don’t know if the low rates will be available next year. Should we go for it? Buy or Hold? Dear Buy or Hold, You and your wife are not the only ones with […]
Ask Chuck: Should I Buy Gold?
Dear Chuck, Gold is soaring now. Should I buy gold before our economy tanks? Gold Fever Dear Gold Fever, I’m probably going to step on some toes because people have very strong opinions about gold. Gold, speaking of the tangible metal, is an asset, a commodity, and makes for a good insurance policy–but not […]