MoneyWise | July 24, 2018

Budgets Don’t Take Vacations

Show Notes

It's common knowledge that Christmas is a dangerous time for budgets but a lot of folks forget that summer is a season for overspending, too. So how can you "summer proof" your spending and still enjoy the nice weather?

It’s all about keeping the proper mindset— having some fun but remembering that budgets don’t take vacations. Financial planner and teacher Rob West explains why budgets don’t take vacations. 

Next, they answer your questions at (800) 525-7000 and about the following: 

  • If you just retired last year, have savings, mutual funds, IRA CDs, a retirement savings account and a 401(k), when do you need to draw out of these accounts and what's the best way to do that? 
  • Is it God's will to allow some people to struggle financially? 
  • If you're age 30, a single mother with $50,000 in student loans, is it a good idea to start looking into home ownership?
  • If you usually take a large amount and either put it towards our Roth IRA or your mortgage, which is the smarter approach? 

Be sure to check out our new website at to connect with a MoneyWise Coach or access our books, videos, or any of our free helpful resources.  You can also find us on Facebook and get notifications about our weekly Facebook Live events. Thanks for your prayerful and financial support that helps keep MoneyWise on the air.  And if you'd like to help, just go to the website and click the Donate tab at the top of the page.

©2019 MoneyWise, All Rights Reserved.