Tag Archives for " Bank "

Practical Steps to Start Investing

ask chuck practical steps to start investing

Are you an investor? The U.S. stock market has grabbed everyone’s attention since volatility began to increase after a full year of uninterrupted growth in 2017. With so many people having some stake in the market, it is no wonder that it has been making the financial headlines lately. Recent surveys indicate that about 45% […]

Ask Chuck – Buying a House

Dear Chuck, My wife and I have been renting for five years and want to buy a home. Could you share any tips so we can make a wise decision? Hopeful Homeowner   Dear Hopeful, I commend you for seeking counsel in what’s typically the largest purchase of a lifetime. Assuming you’ve compared the costs […]

Good Advice on Planning for Retirement

Are you thinking about and planning your retirement? Here is some helpful advice from David McAlvany, President of McAlvany Wealth Advisors and author of The Intentional Legacy. “Through no fault of their own, the rules have changed. You used to be able to count on 4% of your savings to supplement your retirement income. Today, it’s […]

The Good, the Bad, and the Ugly of Reverse Mortgages

Originally posted on the Christian Post on September 30. Dear Chuck, My elderly parents are considering a reverse mortgage because they are struggling on a fixed income. Is that a good idea? Could it do more harm than good? Worried for Mom and Dad Dear Worried, I share your concerns about reverse mortgages, called “the ugly […]

How to Lose a Car and Not Your Credit Rating

Originally posted at Christian Post September 9, 2016. Dear Chuck,  What are the rules when a bank repossesses your car? Do you still have to pay them what you owe and can they garnish your wages for payment? I have a friend who has just turned her life over to Christ and over the years she has […]

If You Are Buying A Car, Don’t Do This

British comedian John Oliver recently took aim at the rampant rip-off that currently takes place in the auto-lending sector with BUY HERE – PAY HERE loans. These are loans that make it easy to purchase a car on credit but with high interest rates and severe penalties for missing a payment or default.  These are […]

Are You Paying to Have a Checking Account?

According to Bankrate.com the percentage of banks offering free checking with no strings attached fell to 37 percent in 2015. A total of 95 percent of the non-interest-bearing accounts Bankrate surveyed were either free or waive monthly maintenance fees for account holders who meet certain requirements, such as keeping a minimum balance or, most commonly, making regular […]