MoneyWise | March 16, 2019

Separate or Joint Checking Accounts

Show Notes

On this MoneyWise, Steve Moore and Rob West discuss whether husbands and wives should have separate checking accounts and finances. They also talk about the Biblical principle of becoming one and what that looks like in finances. 

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

  • If you used the money from your 401(k) to pay off your mom’s funeral but have recently received a settlement from work and you present employer doesn't offer a 401(k), where can you build this money back up?
  • If you were recently presented with an opportunity to buy a resort and the owners want a down payment, should you use money from your 401(k) for this?
  • If you got into a variable annuity a few years ago and have couple of managed IRAs with the same company, how can you go about simplifying everything?

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