There’s no time like the present to make changes to address some of life’s tell-tale symptoms with life-changing principles and solutions. Albert Einstein is often credited with being first to say “The definition of insanity is doing the same thing over and over and expecting different results.” We’re talking about financial symptoms … indicators that something’s not right with the way we’re handling money.
- What are some of these life symptoms?
- Always worrying that you’re going to bounce a check
- Always concerned that when the phone rings it’s a bill collector
- Having to pay a turn-on fee to the gas or electric company to get your services re-connected
- Fighting with your spouse about money on a regular basis
- Staying awake at night wondering how your kids will pay for college
- Not being able to be as generous as you’d like.
- What are the solutions to these (and other) things?
- After we understand that God owns it all, what do we do then?
- So it boils down to the right attitudes translate in right actions?
Next, Rob and Steve answer these questions at 800-525-7000 or via email at Questions@MoneyWiseLive.org:
- What are the pros and cons of sharing a credit card with your spouse (as opposed to separate cards for each person)?
- If you're heading overseas, should you get a credit card for just using over there for security's sake?
- If you're about to turn 70 1/2, and you need to draw from two IRAs that are earning different rates, can you draw the total from the one yielding the lowest?
- Should you freeze your credit if you're not in the habit of applying for more?
- Why should you constantly monitor your credit report?
- Does freezing your credit report affect your ability to check your report?
- What's the difference between a trust and a will?
- If you're just beginning school, have a $12,000 car loan and $5,000 in savings, should you begin saving now or accelerate paying off the car loan?
- If you're getting "tapped out" on paying for your son's education but make too much to qualify for FAFSA, should you consider using a home equity loan?
- If you're not behind on credit card debt but are hearing about debt consolidation to get the payments together under a lower payment, should you consider it?
- If you're about to get engaged, what is a Biblical way to start managing your finances?
- If you were set up as an authorized user of a credit card of which the main user has passed away, do you lose access the card and what happens to the remaining balance?
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