Bank runs are rare these days due to insurance provided by the Federal Deposit Insurance Corporation and the National Credit Union Administration. However, some credit unions opt for private insurance, offering more robust coverage. Meanwhile, individuals face decisions about when to take Social Security benefits and navigate Medicare enrollment, while also managing 401k plans. [... more]

A young couple struggles to balance their budget and build an emergency fund despite having no debt and a stable income. A financial expert offers guidance on how to prioritize their finances and create a plan to achieve their goals, while also addressing concerns about health insurance and long-term care. [... more]

Online banks are just as safe as brick and mortar banks, with the same insurance coverage and cybersecurity measures in place. However, investing in online banks or traditional banks requires careful consideration of interest rates, fees, and long-term growth potential. When deciding between buying a house and renting, factors such as time horizon, transaction costs, and interest rates must be taken into account to make an informed financial decision. [... more]

Abraham's faith is an example of saving faith, which is an act and a process. It is an act of believing in God's promises, and a process of growing in faith through trials and challenges. True faith is not just information, but an attitude of trust and a transfer of trust from one's own abilities to God's power. The object of faith is more important than the amount of faith, and faith is not just about understanding concepts, but about trusting in a living Savior who can save us. [... more]