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 […]
Ask Chuck: Alternatives to Payday Loans
Dear Chuck, I drive past those Cash Advance and Payday Loan places just about every day but had never paid much attention until one of my friends got in financial trouble. She had just lost her job and was behind on rent so she went to get an advance and it ended up being a […]
Debt Snowball vs. Debt Avalanche: What’s The Best Method To Pay Off My Debt?
Debt is something that affects the vast majority of Americans today. In fact, Comet reports that 80.9% of Baby Boomers, 79.9% of Generation X, and 81.5% of Millennials are currently in debt. That’s a lot of people! The adverse effects of debt can be detrimental – it can greatly harm your physical, mental, spiritual, relational, […]
Ask Chuck: Should I Give or Get Out of Debt?
Dear Chuck, When should we begin tithing? We are currently in ‘the red’ each month, relying on credit cards to fill in small gaps. It will take us a couple of months to adjust and stop living paycheck to paycheck. Currently there is no extra, no savings, etc. If we tithe now, we will have […]
How to Get Out of Debt
It’s been said that paying off debt is like eating an elephant – it can only be done one bite at a time. But getting started can seem daunting and overwhelming. Knowing how to take the first bite can prevent many from starting altogether. Of all the people I know who have gotten out of […]
4 Steps to Get Out of the Debt Cycle
Humorist ‘Kin’ Hubbard once said, “The safest way to double your money is to fold it over and put it in your pocket.” Apparently Americans haven’t taken his advice. It is no longer any surprise that a significant number of Americans are living paycheck to paycheck. Sadly, research reveals that Americans are burdened with nearly […]
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 […]
Are You Stressed About Your Medical Bills?
I recently received this question: My husband and I could really, really use some financial advice. We are both in our 20’s, have a baby, and have been married for a little over 4 years. Unfortunately, we’ve acquired quite a bit of debt, mostly from medical bills because I did not have insurance. But we […]
Part 1– Are you caught in a financial stronghold?
By Chuck Bentley This is part one of a four-part series on financial strongholds. Many people have been taken captive by financial strongholds in their lives and are likely not even aware of it. Listen to 2 Corinthians 10:3-5 carefully… For though we walk in the flesh, we are not waging war according to the […]
Are all your riches fake?
By Chuck Bentley A recent article in Yahoo Finance revealed that a high profile music star put on the lavish lifestyle of a rap tycoon, but he says the bling-bling in the videos is all returned to the store. The rapper, who has filed for bankruptcy, has testified in court that his ostentatious displays of wealth […]