MoneyWise


How to Collect Debts

September 21, 2018

On this edition of MoneyWise, Rob West and Steve Moore offer biblical wisdom on how to collect debt that is owed to you as an independent Christian business owner.  They also give advice on loaning money to family members as well as saving for retirement and other various reasons and methods for saving money. 

Then, they answer your questions at (800) 525-7000 and questions@moneywise.org about the following:

  • If your husband is unemployed, has no retirement saved and you're getting close to retirement age, how do you budget for the coming years?
  • If you just changed jobs, should I keep your old 401(k), roll it into the new company's 401(k), or just get a new plan all together?
  • What percentage of your salary should be allocated towards savings?
  • If you have a goddaughter that has a terrible history with money management who just asked to borrow money, what would be some guidance on handling this situation? 

Be sure to check out our new website at moneywise.org to connect with a MoneyWise Coach or access our books, videos, or any of our free helpful resources.  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.