MoneyWise


Wise Rules for Borrowing with Ron Blue

February 19, 2019

To be honest, the Bible doesn’t address every aspect of managing our money. However, there are some things that are discussed many times, and borrowing is one of them. On this MoneyWise, Rob West and Steve Moore talk to author and speaker Ron Blue about some wise rules for borrowing. 

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

  • If you're being offered credit cards that can help my credit score, which is better path - one of those cards, or a secured credit card?
  • What is the best way to start a budget when you have low income?
  • If you have an IRA from which you're taking required distributions, is it possible to make a contributions that will eliminate taxes on the RMD?
  • How do you go about rolling an IRA into a Roth IRA?

Be sure to check out our website at MoneyWise.org to connect with a MoneyWise Coach or access our books, videos, or any of our free helpful resources.  You can also find us on Facebook (MoneyWise Media). 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.

To be honest, the Bible doesn’t address every aspect of managing our money. However, there are some things that are discussed many times, and borrowing is one of them. Today on Moneywise, Rob West and Steve Moore talk to author and speaker Ron Blue about some wise rules for borrowing. Next, they answer your questions at (800) 525-7000 and questions@moneywise.org about the following:

·       I checked my credit score and looked at the details. Based on my credit score, I am being offered credit cards that can help my credit score. Which is better? One of those cards, or a secured credit card?

·       What is the best way to start a budget when you have low income?

·       I have an IRA and I’m doing the required minimum distribution each year. I read that it’s possible to make a contribution from my IRA and not pay taxes on the donation. What steps do I need to take in order to do it?

·       I would like to roll over my IRA into a Roth IRA. How do I go about that?

Be sure to check out our website at MoneyWise.org to connect with a MoneyWise Coach or access our books, videos, or any of our free helpful resources.  You can also find us on Facebook (MoneyWise Media). 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.