Ask Chuck: Should My Diagnosis Stop Me From Paying Off My Mortgage?
Dear Chuck, I want to pay off my mortgage! My financial advisor says no since I am 1 year into my cancer healing journey and about to be laid off in June. But I’ll have 6 months savings in my emergency fund even after paying off my mortgage. Should I be debt free or hold […]
Is It Better to Rent or Buy? 6 Questions to Help You Make the Right Decision
Purchasing a home can be a costly and frightening experience. It’s likely the most expensive purchase most adults will ever make. The process is constantly changing, and potential pitfalls seem to lurk around every corner. So much so, in fact, that fewer people are buying homes. According to the Pew Research Center, “A decade after […]
Ask Chuck: Should I Refinance My Home?
Dear Chuck, We have been our first home for three years and want to refinance to lower our mortgage payments. Should we go with an ARM, 15 year or 30 year fixed? Thanks, Happy Homeowners Dear Happy Homeowners, There’s a hymn that goes: “This world is not my home, I’m just a passing through. My […]
Are Reverse Mortgages a Wise Financial Move?
Ever heard of a reverse mortgage? Many retired couples consider it if they feel strained on a fixed income. They’re advertised as a great option, but I’m not so sure. In fact, many people don’t think they’re a good idea. They’re called “the ugly stepchildren of the home-lending industry” by CNBC, and they may be […]
Everything You Need to Know About Mortgages
Purchasing a home is typically the largest financial investment any of us will ever make. Throughout Scripture, God talks about land as a possession and an investment worthy of our efforts. Jeremiah 29:5 says, “Build houses and live in them plant gardens and eat their produce.” But deciding what land to invest in, and getting the […]
Ask Chuck – Should I Use My 401k to Pay off Debt?
Dear Chuck, I’m trying to pay my credit cards off but my income is very limited since I am nearing retirement. I have a 401(k) and a small property that I could sell. What would you recommend: sell the property, keep paying the minimum on the credit cards, or take money out of the 401(k)? […]
6 Money Myths You Need to Stop Believing
[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_column_text] There are many misconceptions and myths about money. Many of them are completely untrue, but some are more untrue when you look at them through the lens of a faithful, biblical steward. Here are some of the top […]
Getting Rid of Family Treasures
Dear Chuck, My elderly mother has started to want to give away items that she has collected through the years to her grandchildren. Unfortunately, the recipients are not as enamored with the cut glass bowls, serving dishes, jewelry, etc. I think it is sweet that she wants to share these meaningful gifts but afraid they […]
The Secret to a Happy Retirement
If you aren’t already there, you will someday face retirement. Want to know a secret shared by the happiest retirees? Author Wes Moss, at TheBalance.com documents the results he found among retirees. When their mortgages are paid off, their happiness levels rise. Quote: “All the successful retirees I know who are living out their dreams […]
4 Reasons to List Your Home During the Holidays
Recently I shared some good reasons to buy a home at year end. Today, I want to share why it is good to list your home for sale during November and December. Three years ago, we sold our home in November after listing it with Nikki Bonds. She is a successful realtor with some good […]