MoneyWise


Wise Rules for Borrowing with Ron Blue

September 5, 2018

On this edition of MoneyWise, Steve Moore and Rob West, speak with founder of Kingdom Advisors, Ron Blue, and offer some practical principles regarding borrowing money. 

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

What is the best and most effective way for your son to pay his car loan himself? 

  • If you're trying to build up your emergency fund and are receiving money from a profit sharing account, should you place this directly into a savings account?
  • If you're 49 years old and could retire in 5 years, how do you know if you're on the right track for retirement?
  • If you've noticed that you’ve lost money over the past few months in your 401(k), should you just contribute to a Roth?
  • Do you have to pay tax on student loans when they are forgiven?

You can find out more about Ron Blue at https:..kingdomadvisors.org

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