MoneyWise Live


Renewing New Year’s Resolutions

February 4, 2019

We’re just over a month into 2019. How are your New Year’s resolutions coming along?  Broken already? Well, if your goals for the new year didn’t make it to Groundhog Day, don’t worry!  Help is on the way.  Most of us make resolutions to lose weight, get out of debt or make any number of other improvements in our lives. But if you’ve been backsliding, our host Rob West has some ways for you to get back on track. 

  • A lot of folks are having trouble this year keeping their resolutions. Maybe they’ve even given up already. What is some encouragement for them?
  • We've just taken all the fun out of procrastinating - don’t wait until next January to start over. What else?
  • We’re talking about significant lifestyle changes here. What if someone feels overwhelmed by the idea getting their finances under control?
  • What if you don't think you can handle your resolutions alone?

Next, Rob and Steve answer these questions at 800-525-7000 or via email at Questions@MoneyWiseLive.org:

  • What are index annuities?
  • Why is it important in the "Snow Ball" method to attack the smallest balance even if there are others with larger interest rates?
  • What are the differences between a will and a trust?
  • If you have savings in a brick-and-mortar but are getting low interest, how safe are online banks?
  • If you have some big purchases for home improvements coming up, among retirement investments, savings or a HELOC, what is the best source for these improvements?
  • If you and your spouse are 20 and 19 and are interested in life insurance, how do you decide between whole life and term?
  • Can you redeposit funds you accidentally withdrew without penalty?

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