For more than years education savings plans have helped families pay for qualified school expenses while enjoying a tax benefit in the process And recently this savings strategy has become even more attractive On today's Faith amp Finance Live host Rob West will talk about how one major drawback to using a plan has recently been removed Then he'll answer your questions on various financial topics See omnystudio com listener for privacy information [... more]

SECURE Act Later RMDs -to-Roth Rollovers and Other Tax Planning Opportunities Congress recently passed SECURE Act which will bring several changes to retirement account rules Peter Richon with Richon Planning and Erin Kennedy break down the big takeaways including some unique opportunities including -RMD Age Increase -QCDs Will Be Expanded - Plans These changes however will make proactive tax planning even more important Keep in mind when you delay those Required Minimum Distributions it will lead to larger account balances at death which could create a significant tax burden for your beneficiaries If you'd like to talk through these changes [... more]

Some question whether people of faith should have insurance because isn't it enough to trust God for protection On today's MoneyWise Live host Rob West explains that the word insurance isn't in the Bible but faith appears numerous times providing a clue about what God may think about insurance Then he'll answer some calls and questions on various financial topics See omnystudio com listener for privacy information [... more]

With another year ending it's time to start thinking about your taxes So are there ways to minimize what you legally have to pay without cutting corners On today's MoneyWise Live host Rob West will share some year-end tax tips that will help you do just that Then he'll answer your financial questions from a biblical perspective See omnystudio com listener for privacy information [... more]

The Christmas shopping season has officially begun and as things start to get hectic it's good to plan ahead and try to keep a sense of humor especially with COVID still affecting the supply chain On today's MoneyWise Live Rob West welcomes Steve Moore to share some insight and gift ideas that are on his list this year Then Rob will answer your calls and questions on various financial topics See omnystudio com listener for privacy information [... more]

They say that honesty is the best policy But for the Christian it's really the only policy since God's Word commands His people to be honest But when dealing with money the temptation to be dishonest can be hard to resist On the next MoneyWise Live host Rob West will talk about the case for financial honesty first Then he'll answer some financial questions from a biblical perspective That's MoneyWise Live where biblical wisdom meets today's finances weekdays at pm Eastern pm Central on Moody Radio See omnystudio com listener for privacy information [... more]

Years ago we used to call an exclusive dating relationship going steady And although we no longer use the term to describe relationships it's still helpful to use in another way On the next MoneyWise Live Rob West will talk with investing expert Mark Biller about how going steady is still a good way to describe being committed to making regular investments Then Rob will answer some calls and questions on various financial topics That's MoneyWise Live where biblical wisdom meets today's finances weekdays at pm Eastern pm Central on Moody Radio See omnystudio com listener for privacy information [... more]

Most investors know that bonds make up part of a well-diversified portfolio But far fewer truly understand the important role bonds play in their financial future and the way they can impact the world On the next MoneyWise Live host Rob West welcomes Benjamin Bailey of Praxis Mutual Funds to talk about bonds and having an intentional approach to our investments Then Rob will take your calls and questions on the financial topics you rsquo d like to discuss That rsquo s MoneyWise Live where biblical wisdom meets today rsquo s finances weekdays at pm Eastern pm Central on Moody [... more]

Some question whether people of faith should have insurance because isn't it enough to trust God for protection On the next MoneyWise Live host Rob West explains that the word ldquo insurance rdquo isn rsquo t in the Bible but ldquo faith rdquo appears numerous times providing a clue about what God may think about insurance Then it rsquo s your calls and questions on various financial topics That rsquo s MoneyWise Live mdash where biblical wisdom meets today rsquo s finances weekdays at pm Eastern pm Central on Moody Radio [... more]

Insurance is a great way to protect yourself from unexpected losses nbsp But knowing when to file a claim and when not to can protect you from unintended consequences On the next MoneyWise Live host Rob West will share a secret strategy for keeping the cost of your various insurance premiums low Then he rsquo ll answer your calls and questions on various financial topics That rsquo s the next MoneyWise Live mdash where biblical wisdom meets today rsquo s finances weekdays at pm Eastern pm Central on Moody Radio [... more]

The emotions of fear and greed cause investors the most trouble with their money And unfortunately scammers often use those same emotions to trick unsuspecting consumers into parting with their money On the next MoneyWise Live host Rob West will talk about the latest tricks that scammers are using online today Then he rsquo ll answer your financial questions from a biblical perspective That rsquo s on MoneyWise Live where biblical wisdom meets today rsquo s finances weekdays at pm Eastern pm Central on Moody Radio nbsp [... more]

k rsquo s are filled with rules that a lot of people aren rsquo t fond of But there rsquo s a little-known rule that applies to those accounts which could be a real blessing during a financial hardship On the next MoneyWise Live hosts Rob West and Steve Moore explain that rule and how you could possibly benefit from it Then they rsquo ll take your calls and questions on any financial topic It rsquo s the k Rule of on MoneyWise Live at pm Eastern pm Central on Moody Radio [... more]

We knew interest rates couldn rsquo t remain at historic lows forever and now they rsquo re showing the first signs of rising A growing economy and government spending are starting to have an impact on inflation So what does that mean for your finances On the next MoneyWise Live hosts Rob West and Steve Moore sit down with investing expert Mark Biller to find out Then Rob and Steve take your calls and questions on the financial matters you rsquo d like to discuss Rising interest rates on the next MoneyWise Live at pm Eastern pm Central on Moody [... more]

In Genesis we see how God creates Eve from Adam rsquo s rib So man and woman are made of the same flesh but still with important differences On the next MoneyWise Live hosts Rob West and Steve Moore welcome Compass founder Howard Dayton to discuss how those differences affect the way spouses view money Then Rob and Steve take calls from across the country and answer various financial questions Husbands and wives are different on purpose on the next MoneyWise Live at pm Eastern pm Central on Moody Radio nbsp [... more]

In Proverbs Solomon writes ldquo A good name is more desirable than great riches hellip rdquo And in today rsquo s financial world having a ldquo good name rdquo means having a good credit score On the next MoneyWise Live hosts Rob West and Steve Moore share some ways you can improve your credit and after some time your financial horizons Then they rsquo ll answer your financial questions from a biblical perspective How to build your credit on the next MoneyWise Live at pm Eastern pm Central on Moody Radio [... more]

Proverbs makes it clear that we should include God in all our decisions trusting Him over our own understanding nbsp And when we do He rsquo ll make our paths straight mdash and that includes our investing strategies On the next MoneyWise Live hosts Rob West and Steve Moore talk with investing expert Mark Biller to find out how we can do that Then it rsquo s your calls and questions on the financial matters you rsquo d like to discuss Making the right investing decisions in on the next MoneyWise Live at pm Eastern pm Central on Moody Radio [... more]

Raising children and managing money are challenging tasks in the best of times But those challenges may seem like insurmountable obstacles if you suddenly find yourself raising your kids alone as a single parent On the next MoneyWise Live hosts Rob West and Steve Moore have financial advice for parents who are caring for their family rsquo s needs on their own It's single parent finances on MoneyWise Live at pm Eastern pm Central on Moody Radio [... more]

Do you know if you need an umbrella insurance policy If not it might be a good idea to find out Many homeowners fail to take advantage of this coverage that protects their assets from catastrophic lawsuits On the next MoneyWise Live hosts Rob West and Steve Moore have the info you need on this overlooked form of insurance Rainy-day umbrella insurance on the next MoneyWise nbsp Live at pm Eastern pm Central on Moody Radio nbsp [... more]

When saving for your child rsquo s education you need to know your options One popular choice is a savings plan offering a tax-advantaged way to save for college But there are other plans out there On the next MoneyWise Live hosts Rob West and Steve Moore share about another option you can consider We rsquo ll take a look at Coverdell Education Savings Accounts on the next MoneyWise Live at pm Eastern pm Central on Moody Radio nbsp [... more]

There are two kinds of people in this world mdash borrowers and savers Right now times are not good for the savers Historically low interest rates are proving to be a problem for those with fixed return investments On the next MoneyWise Live hosts Rob West and Steve Moore talk with Mark Biller about strategies to protect your nest egg from inflation It rsquo s the retirement investing challenge on the next nbsp MoneyWise nbsp Live at pm Eastern pm Central on Moody Radio [... more]

Lenders use your FICO score to measure your credit risk And this single number between and - has been a fixture of consumer lending for decades But the FICO Company has now added a new system and a second number to the mix On the next MoneyWise Live hosts Rob West and Steve Moore explain how this may or may not work to your advantage That rsquo s on the next MoneyWise Live at pm Eastern pm Central on Moody Radio [... more]

Avoiding financial mistakes is an important goal but so is investing for the right reasons And arming yourself with basic investment knowledge can help you along your financial journey On the next Moneywise Live hosts Rob West and Steve Moore explore that and more with Matt Bell of Sound Mind Investing It rsquo s the education of an investor on the next MoneyWise Live at pm Eastern pm Central on Moody Radio [... more]

The federal government spent trillions of dollars to help individuals and businesses suffering from coronavirus shutdowns But we rsquo re now left with the question what parts of those stimulus packages are taxable On the next Moneywise Live hosts Rob West and Steve Moore have answers about taxes and the CARES Act Learn what rsquo s taxable and what rsquo s not on the next MoneyWise Live at pm Eastern pm Central on Moody Radio [... more]

With summer upon us families are anxious to find ways to have affordable fun in the midst of the pandemic But strained budgets are forcing parents to get creative On the next Moneywise Live hosts Rob West and Steve Moore share some ways parents can occupy the kids without busting the budget free summer fun ideas on MoneyWise Live at pm Eastern pm Central on Moody Radio [... more]

The stock market has seen its share of highs and lows since the coronavirus hit What can you do to navigate through this turbulent storm On the next MoneyWise Live hosts Rob West and Steve Moore welcome investing expert Mark Biller who offers advice about investing in a stormy stock market The best defense is a strong offense on MoneyWise Live at pm Eastern pm Central on Moody Radio nbsp [... more]

In a continuation of a previous week's conversation about financially savvy grandparenting John touches on the six tips for grandparents to consider as they help their grandchildren grow into financially savvy adults [... more]