MoneyWise


Choosing the Right Major

March 19, 2019

On this MoneyWise, Steve Moore and Rob West offer advice to high school and college students on how to choose the best major, financially speaking. They discuss top paying jobs and how to avoid the most student debt after college. 

Next, they take your questions at 800-525-7000 or Questions@MoneyWise.org about the following:

  • If you've been paying for an extended warranty on a 2011 car, should you try to get out of it or keep paying for it?
  • If you still owe $38,000 on your mortgage and also own a truck and a camper that are probably worth about that much, should you sell the truck and camper in order to pay off the house?
  • If you and your spouse are in your late 50s are now debt-free except for your mortgage and have approximately $1000 per month extra, should you put the extra against the the mortgage or invest it for retirement?
  • If you just got a good new job and you're expecting your fourth child, should you consider buying a house at this point?

At the end of the program, Steve mentioned The Financial Stewardship Bible from the American Bible Society.  You can find it on this website (MoneyWise.org).  You can also connect with a MoneyWise Coach or access our other books and many free helpful resources.  If you’re active on social media, you can find us on Facebook (MoneyWise Media) and join the conversation. Thanks for your prayerful and financial support that helps keep MoneyWise on the air.  And if you'd like to help, just click the Donate tab at the top of the page.