Truth Network Podcasts : interest rates

Podcasts

The following listen on-demand podcasts matched your search results for: interest rates

Faith And Finance

Rob West

July 16, 2024

What People Think About Inflation with Mark Biller

Everyone knows what inflation means right You'd be surprised by how fuzzy some people think about inflation Is inflation a rise in prices or simply high prices Or does it mean something else entirely The results of a recent poll may surprise you but we've got Mark Biller with us today to explain it Mark Biller is Executive Editor and Senior Portfolio Manager at Sound Mind Investing an underwriter of Faith Finance What is Inflation A Common MisunderstandingA recent survey revealed a significant misunderstanding among the general public about what inflation actually means While of respondents expressed concern about inflation [... more]

Planning Matters Radio

Peter Richon

July 13, 2024

Top Financial Planning Misses for People in Their 30s and 40s

There are key areas most people in their s and s miss when it comes to financial planning In this video Peter Richon with Richon Planning and Erin Kennedy discuss how to avoid those pitfalls and Peter breaks down the steps you need to take now to set yourself up for financial success Bank Savings Emergency Fund liquidity is key And it will ensure you don't have to borrow money at high interest rates Life Insurance protect yourself and your family in case the worst happens Open and Invest in a Roth take advantage of today's historically low tax rate [... more]

Faith And Finance

Rob West

July 12, 2024

Don’t Carry Debt Into Retirement

Paying off debt is always a good thing but paying it off before retirement is one of the best financial moves you'll ever make It's a disturbing trend more people than ever are retiring with debt That reduces their lifestyle choices and increases the likelihood they'll have to return to work at some point Today we'll talk about carrying debt into retirement and how you can avoid it Preparing for a Debt-Free Retirement A Practical GuideAccording to the Federal Reserve's Survey of Consumer Finances of people aged to are in debt up from years ago This rising debt can severely [... more]

Faith And Finance

Rob West

July 11, 2024

State of the Housing Market

Is it the best of times or the worst of times Well it all depends on if you're trying to buy or sell a house It really is a matter of perspective Home values remain sky-high and are likely to continue rising in the foreseeable future How you view that depends on which side of the transaction you're on Navigating the Current Housing Market Tips for First-Time Home BuyersIt may be the worst of times if you're a first-time home buyer Home values have never been higher thanks to the continued high cost of building materials inflation and low inventory [... more]

Faith And Finance

Rob West

July 01, 2024

Living Wisely in Either Prosperity or Adversity

In the First Century B C Roman historian Sallust said Prosperity tries the souls even of the wise Most people would choose financial prosperity despite its temptations But what if you're living with financial adversity Today we'll talk about how to be wise in good times and bad The Temptations of Financial Success and AdversityWhen things are going well financially it's tempting to take credit for your success leading to sins like pride and greed On the other hand adversity brings its own set of temptations such as self-pity bitterness and envy Neither set of attitudes is godly Christians are [... more]

Faith And Finance

Rob West

June 24, 2024

3 Myths About Wealth That Christians Believe With Rachel Mcdonough

Myths can be persistent things For a long time people thought the world was flat The investing world has its share of myths that persist to this day Rachel McDonough joins us today to go over myths about wealth that many Christians believe but shouldn't Rachel McDonough is a Certified Financial Planner CFP a Certified Kingdom Advisor CKA and a regular Faith Finance contributor Flat Earth and Financial MythsWhen your core assumptions are wrong your strategy becomes useless Imagine planning a voyage worldwide while believing it's flat you'd never reach your destination accurately Similarly in finance myths perpetuated by various [... more]

Planning Matters Radio

Peter Richon

June 22, 2024

Interest Rates are Staying High: How to Make them Work in Your Favor

For several months now The Fed has decided to leave interest rates unchanged For the most part this isn't great news for borrowers but as Peter Richon with Richon Planning explains to Erin Kennedy it may offer some unique opportunities for savers High interest rates offer unique opportunities when investing in high-yield bonds or money market accounts You may also want to consider an annuity which can provide a stable stream of income especially during periods of high-interest rates If you'd like to talk to Peter about turning these high interest rates into opportunities please feel free to give him [... more]

Faith And Finance

Rob West

June 21, 2024

FaithFi: The Mission with Chad Clark

You've probably heard the saying If you aim at nothing you'll hit it every time But do you know who coined it Christian author and speaker Zig Ziglar is credited with that famous quote It urges us to set goals and stay on mission What are our goals and what's our mission here at FaithFi Chad Clark fills you in today and invites you to be a part of it all Chad Clark is the Executive Director of FaithFi Faith Finance Integrating Faith and Finances for God's GloryAt FaithFi our mission is clear we aim to equip Christians with the [... more]

Faith And Finance

Rob West

June 19, 2024

Financial Discipleship for Families With Brian Holtz

Train up a child in the way he should go even when he is old he will not depart from it Proverbs Teaching our children how to manage God's money is vital to raising them But how can parents do this well Brian Holtz will share some great insights today Brian Holtz is the Chief Operating Officer at Compass Financial Ministry and the author of Financial Discipleship for Families Intentionally Raising Faithful Children MVP Parenting Building Financial Wisdom in the Next GenerationIntroducing MVP Parenting a concept foundational for nurturing financial wisdom and spiritual growth in our children Howard Dayton defines [... more]

Faith And Finance

Rob West

May 31, 2024

Buckner International, Doing Good With Scott Collins

And let us not grow weary of doing good for in due season we will reap if we do not give up - Galatians One Christian ministry has been doing good for nearly years and shows zero signs of growing weary Scott Collins joins us today to discuss Buckner International and its ongoing efforts to support foster care adoption and family outreach Scott Collins is the Senior Vice President of Communications at Buckner International an underwriter of Faith Finance A Legacy of Service Since Buckner International founded by R C Buckner years ago with just for its first orphanage has [... more]

Faith And Finance

Rob West

May 30, 2024

Worrying About The Financial Future With Neile Simon

The data shows that personal debt is rising and folks are worried about their financial future So what's the solution We can't control some things like inflation and a slowing economy But we can do some things especially when managing and eliminating debt Neile Simon joins us today to discuss the solution to fretting over finances Neile Simon is a Certified Credit Counselor with Christian Credit Counselors CCC an underwriter of Faith Finance Understanding The Financial StormWith credit card debt at an all-time high the GDP falling and a disappointing jobs report it's a perfect storm for financial stress Debt [... more]

Faith And Finance

Rob West

May 24, 2024

For Where Your Treasure Is With Chad Clark

Are you storing up treasures on earth or in heaven Are you focused on the temporal or the eternal In Matthew Jesus clarifies that our hearts will always follow after what we treasure Was he talking about money Chad Clark shares his insights with us today Chad Clark is the Executive Director of FaithFi Faith Finance What does Jesus mean when he says For where your treasure is your heart will be also It challenges us to evaluate what we treasure most It's common for us to say that where our money is there our hearts will be and we [... more]

Faith And Finance

Rob West

May 20, 2024

Save a Fortune On Your Mortgage

You've heard the expression Pennywise and pound foolish Here in the States we could say Pennywise and dollar foolish A good example is when someone is more concerned about the interest they're getting on their savings account than the interest they're paying on their mortgage Top Tips to Save Big on InterestWhen managing your finances shopping around for the best interest rates on savings is wise However focusing on reducing the interest on your mortgage can have a much bigger payoff Consider the total interest paid over a -year fixed-rate mortgage It's a powerful motivator to pay off your mortgage [... more]

Faith And Finance

Rob West

May 13, 2024

All The Insurance You Need

Proverbs reads The prudent sees danger and hides himself but the simple go on and suffer for it The word insurance isn't in the Bible but it does say that it's wise to protect your financial holdings and insurance is one way to do that Understanding Essential Insurance PoliciesInsurance is a fundamental aspect of financial planning For most of us unless we have vast wealth diversified across numerous investments insurance serves as a critical safety net So what insurance policies are necessary Auto and Home InsuranceAuto insurance is generally required by law if you own a vehicle Homeowners insurance is [... more]

Faith And Finance

Rob West

April 25, 2024

Managing Chronic Financial Anxiety With Steve Cuss

The Playbook for Chronic AnxietyIt's generated by assumptions expectations false beliefs and false needs So if we can uncover false needs we can learn to die to them and relax into God's sovereignty This is a compelling way to grow in our relationship with faith We can use our anxiety triggers to open our souls up to God's presence What is an assumption you hold about yourself that's unreasonable If you're a perfectionist almost every assumption you hold about yourself is unreasonable Think about it When was the last time you looked at your work and said That was well [... more]

Faith And Finance

Rob West

April 09, 2024

The Scoop On Annuities With Mike Miller

What is the main problem with any investment that guarantees returns such as annuities They're always a tradeoff Guarantees come with a cost Typically the lower the risk the lower the return What does the Bible say about this You won't find the word annuities'' in the Bible but there is a biblical principle to guide us on this topic The Parable of the Talents found in Matthew reveals that one of the servants buried his talent in the ground The master asked why he did that and the servant said he was afraid and the master was displeased All [... more]

Faith And Finance

Rob West

March 29, 2024

Good Friday Reflections

It's appropriate during this Easter season to reflect on the big picture of our Christian faith Sometimes we just have our noses to the grindstone so to speak and we can lose sight of why we're here and how much God has done for us You know whether you're in a season of prosperity or facing hardships you have to remember that God is still on the throne and that your circumstances haven't caught Him by surprise His plan for the redemption of humankind is still on track The Significance of Jesus' SacrificeOf course on Easter Sunday Christians everywhere will [... more]

Faith And Finance

Rob West

March 25, 2024

Handling Economic Uncertainty with Brandon Sieben

Trust in the Lord with all your heart and do not lean on your own understanding In all your ways acknowledge him and he will make straight your paths - Proverbs - Why are people so worried about the economy these days Part of the issue is concern about a number of factors including the upcoming US election high inflation high interest rates and various geopolitical issues like what's happening with China Taiwan Ukraine and the Middle East How are people dealing with this uncertainty Uncertainty for many people leads to fear especially for those on a fixed budget or [... more]

Faith And Finance

Rob West

March 21, 2024

Exploring the Parable of the Rich Fool

So is the one who lays up treasure for himself and is not rich toward God Luke Chad Clark is Executive Director here at FaithFi and over the last several months our team has been working on a brand new -week study on the Parable of the Rich Fool called Rich Toward God INTRODUCTION TO THE RICH TOWARD GOD STUDYThe Rich Toward God '' study emerges from FaithFi's mission to equip Christians with tools and resources for integrating faith with financial decisions aiming to help believers see God as their ultimate treasure The parable of the rich fool serves as [... more]

MoneyWise

Rob West and Steve Moore

February 13, 2024

Helping the Kids Buy a House

Home values and interest rates remain high and that rsquo s leading some parents to consider becoming a bank for their kids to help them finance their home purchase But are there pitfalls that come with that strategy On today's Faith amp Finance Live host Rob West will explore the idea of you helping your kids buy a house Then he rsquo ll answer some calls and financial questions nbsp See omnystudio com listener for privacy information [... more]

Faith And Finance

Rob West

February 13, 2024

Helping the Kids Buy a House

Faith And Finance

Rob West

February 13, 2024

Helping the Kids Buy a House

LENDING MONEY TO CHILDREN FOR A HOUSE PURCHASE Rob discusses the reasons parents might consider lending money to their children for a house purchase such as reducing the interest the child must pay and helping if the child does not qualify for a mortgage due to debt-to-income ratio issues or insufficient credit history He emphasizes the importance of understanding the implications of lending versus gifting money the potential risks involved and ensuring any loan is legally documented Parents may lend to their children to save them from high interest rates or if they're unable to secure a loan due to [... more]

Planning Matters Radio

Peter Richon

February 10, 2024

The Dow and the S&P Climb to Record Highs... How Long Will the Rally Last?

The S P recently crossed its January peak fueled by investor optimism and signaling from the Fed that we'll begin to see lower interest rates The Dow also recently hit a new high However as Peter with Richon Planning explains to Erin Kennedy this rally can't last forever which is why it's so important to stick to your financial plan When the market reaches new highs investors feel euphoric and tend to invest more precisely when we are at the point of maximum financial risk This counterintuitive reaction is known as emotional investing Remember the point of maximum financial opportunity [... more]

Faith And Finance

Rob West

February 07, 2024

Helping Your Divorced Daughter With Ron Blue

Ron Blue is the co-founder of Kingdom Advisors author of a shelf-full of books on biblical finance including Master Your Money HELPING A DAUGHTER WHO'S GOING THROUGH A DIVORCE WHAT'S THE BEST APPROACH Support must be dynamic adapting as circumstances change Emotional spiritual and financial challenges intertwine requiring sensitive navigation Equitable treatment among siblings means addressing each child's unique needs especially in crisis HOW DID YOU AND JUDY DECIDE ON THE EXTENT AND MANNER OF HELP The decision on how much to help was made progressively acknowledging the fluid situation post-divorce The process involves constant reassessment based on changing needs [... more]

MoneyWise

Rob West and Steve Moore

February 06, 2024

The Housing Market: Rent or Buy?

You rsquo ve heard it said ldquo Paying rent is throwing your money away You should buy a house rdquo But is that really true On today's Faith amp Finance Live host Rob West will share what analysts are saying nowadays mdash that it actually makes financial sense to rent vs buying a house mdash at least for now Then he rsquo ll answer your financial questions nbsp See omnystudio com listener for privacy information [... more]

Faith And Finance

Rob West

February 06, 2024

The Housing Market: Rent or Buy?

IMPACT OF COVID ON HOUSING MARKET AND RENT VS BUY DEBATEThere's no question that we're still feeling the impact of the COVID pandemic The COVID pandemic significantly disrupted the housing market increasing home prices and rental rates making it challenging for first-time home buyers Also during that time rental rates also skyrocketed In the age-old debate rent vs buy things have shifted CURRENT HOUSING MARKET CONDITIONS Skyhigh mortgage payments On average new mortgage payments are now higher than apartment rents the largest gap in years according to CBRE Low first-time home buyer activity Only of buyers were first-timers in the [... more]

Faith And Finance

Rob West

February 05, 2024

3 Tips for Financial Wellness With Neile Simon

Neile Simon is a Certified Credit Counselor with Christian Credit Counselors and underwriter of this program WHAT ARE SOME TRIED AND TRUE WAYS TO AVOID DEBT AND PROMOTE FINANCIAL WELLNESS Neile Simon from Christian Credit Counselors shares key strategies to manage finances effectively emphasizing the importance of budgeting reducing debt and saving for emergencies Creating or updating a budget is crucial Most Americans need to revisit their budgets especially to adjust for inflation Your budget should track major expenses such as housing food transportation and more It's also wise to review and possibly reduce subscriptions to entertainment services by examining [... more]

Faith And Finance

Rob West

January 17, 2024

10 Predictions for 2024 With Bob Doll

REFLECTION ON LAST YEAR'S PREDICTIONSBob Doll reflects on his previous year's predictions noting that while they achieved a accuracy rate it fell short of their usual mark The unexpected strength in the economy and labor market combined with a decrease in inflation led to deviations from their projections The economy was stronger than expected preventing the anticipated recession Inflation continued to decrease but did not reach the central bank's target of Stock market valuations increased particularly for a small group of high-performing stocks OUTLOOK ON THE US ECONOMY FOR THE UPCOMING YEARBob predicts a mild recession for the upcoming year [... more]

Faith And Finance

Rob West

January 05, 2024

Identity in Money vs Identity in Christ

THE ISSUE OF IDENTITY BIBLICAL PERSPECTIVE In today's culture there's pressure to define ourselves by worldly standards but for Christians true identity is found in Jesus not in worldly achievements or possessions John says But to all who did receive him who believed in his name he gave the right to become children of God DANGERS OF WORLDLY IDENTITY SPIRITUAL PITFALLS Focusing on wealth or success can lead to pride envy constant comparison worry about finances and disillusionment as these pursuits never truly satisfy Letting money or success define us can make us believe our worth is tied to our [... more]

MoneyWise

Rob West and Steve Moore

January 03, 2024

Bad Credit Is Expensive

Having bad credit is expensive With inflation and high interest rates it rsquo s more important than ever to keep your credit score as high as possible and you won rsquo t believe how much money that can save you On today's Faith amp Finance Live host Rob West will talk about the added expense of having bad credit Then he rsquo ll answer your financial questions on various topics nbsp See omnystudio com listener for privacy information [... more]

Faith And Finance

Rob West

January 03, 2024

Bad Credit Is Expensive

Faith And Finance

Rob West

January 03, 2024

Bad Credit Is Expensive

GOD'S WORD ON PAYING DEBTS Proverbs emphasizes the importance of paying back debts on time Do not withhold good from those to whom it is due when it is in your power to do it DEFINING GOOD CREDIT SCORES FICO scores range from to with a good score between and A very good score is between and and excellent is to Higher credit scores result in better interest rate offers from lenders IMPACT OF CREDIT SCORE ON LOANS AND INTEREST RATES A higher credit score can significantly reduce interest rates on mortgages personal loans and credit cards Example Raising a [... more]

Planning Matters Radio

Peter Richon

December 20, 2023

A Tax Smart Alternative To Cash

It's been a long time since we've seen inflation-adjusted interest rates above zero Since the Fed began hiking interest rates investors can once again earn attractive returns on cash But as Peter with Richon Planning explains to Erin Kennedy you may be earning less money than you think after accounting for inflation and taxes Instead of socking your money away in CDs treasuries or Money Market accounts Peter suggests you consider Buffered ETFs which can offer full principal protection Also unlike cash and cash alternatives Buffered ETFs don't generate taxable interest Instead you get much more favorable capital gains treatment [... more]

Faith And Finance

Rob West

December 20, 2023

Where to Give with Sharon Epps

So how would God's word in particular give us guidance on this giving portfolio approach Jesus gives His mission here on earth in Luke - The Spirit of the Lord is upon me because he has anointed me to proclaim good news to the poor He has sent me to proclaim liberty to the captives and recovering of sight to the blind to set at liberty those who are oppressed to proclaim the year of the Lord's favor This is a really is a model for a giving portfolio So how do you take that and apply it to giving [... more]

Planning Matters Radio

Peter Richon

December 16, 2023

Climbing Interest Rates Mean Good News for Annuity Buyers

The third quarter of saw record growth in annuity sales billion That's an jump over the same quarter last year Here's one reason why recent interest rate hikes When interest rates rise that often means better returns on annuities especially for fixed and fixed index annuities Peter with Richon Planning explains the correlation to Erin Kennedy while outlining why annuities could make sense as part of your larger financial plan Annuities function as a private pension They can provide guaranteed income for the rest of your life Creating a private pension has become increasingly important because the percentage of workers [... more]

MoneyWise

Rob West and Steve Moore

December 04, 2023

Bond Basics

When considering investing options bonds are a little mysterious to many people For example when interest rates rise bond prices go down So what's up with that On today's Faith amp Finance Live host Rob West will welcome Mark Biller to go over some basic facts about bonds and explain these fixed income securities Then they will answer your investing questions See omnystudio com listener for privacy information [... more]

Faith And Finance

Rob West

December 04, 2023

Bond Basics

Faith And Finance

Rob West

December 04, 2023

Bond Basics With Mark Biller

Mark Biller is executive editor at Sound Mind Investing WHAT'S THE CURRENT STATE OF BOND INVESTING AND HOW HAVE RECENT EVENTS IMPACTED IT Bond investing has been challenging lately especially after a long period of historically low interest rates Recently there's been a significant shift with the -year treasury bond yield rising from under in to over This has led to losses in long-term bond funds comparable to the worst stock market declines showing it's a tough time for bond investors There's been a drastic shift in the bond market with major losses in long-term bond funds The rise in [... more]

Faith And Finance

Rob West

November 25, 2023

A Home Buyer's Market?

A Home Buyer's Market With Dale VermillionNormally November through February are the slowest months of the year for home sales and that means buyers have more bargaining power Will it happen this year Dale Vermillion gives us his take on the market today Dale Vermillion with us again today Dale's the author of Navigating The Mortgage Maze The Simple Truth About Financing Your Home CURRENT TRENDS IN INTEREST RATES AND MORTGAGES Dale Vermillion notes that interest rates are continuing to rise but there's hope for decreases in as predicted by the Mortgage Bankers Association Assumable mortgages are becoming somewhat more [... more]

Faith And Finance

Rob West

November 15, 2023

A Home Buyer's Market?

Faith And Finance

Rob West

November 13, 2023

Perfect Storm for Debt

Perfect Storm for Debt With Neile SimonA perfect storm may be coming that could make this Christmas shopping season difficult for folks with student loan debt Neile Simon joins us today with the details today on Faith and Finance Neile Simon is a Certified Credit Counselor with Christian Credit Counselors an underwriter of this program Neile has been following events that affect consumer debt and she's here today with another report CONSUMER DEBT AND ITS IMPACTS Neile explains the resumption of student loan payments in October after a three-year forbearance highlighting the collective federal student loan debt at trillion affecting [... more]

Faith And Finance

Rob West

November 07, 2023

Living the Abundant Life

THE WORLD'S MESSAGE VS JESUS' CALL The world encourages material accumulation and personal success for happiness but this stands in contrast with Jesus' call to follow Him for abundant life Material success is fleeting and ultimately insignificant in the light of eternity and while happiness is ambiguous abundance as promised by Jesus is desirable and everlasting THE CONCEPT OF ABUNDANCE The Old Testament presents abundance in material terms as seen in Deuteronomy and Psalm with the caveat that it required faithfulness to God Despite this human nature led to repeated loss of abundance due to disobedience JESUS' REDEFINITION OF ABUNDANCE [... more]

The Charlie Kirk Show

Charlie Kirk

October 31, 2023

Will Gen Z Ever Own Homes? with E.J. Antoni and Rep. Chip Roy

In less than four years home prices have surged by percent or more in many American cities Interest rates are more than double what they were during the Trump years With house prices rapidly outpacing the wages of American workers the world wonders Will America's young people ever be able to afford a house like their parents and grandparents could E J Antoni breaks down the impact of Washington's disastrous inflationary bubble Plus Rep Chip Roy discusses the prospects for Congress to get rid of endless CRs slash spending and maybe just maybe work over the Christmas holidays Support the [... more]

Faith And Finance

Rob West

October 09, 2023

Principles and Practices of Financial Leverage

Principles and Practices of Financial Leverage with Ken Boa and Russ CrossonAre you rich You might not think so but compared to most of the world you're probably quite wealthy Just having clean water food and shelter sets us apart from much of the world's population The question is what are we doing with this wealth We'll talk with Ken Boa and Russ Crosson about that today on Faith and Finance Ken is a pastor and founder of Reflections Ministries Russ is executive vice president and chief mission officer of Ronald Blue Trust Together they've written a terrific new book [... more]

Faith And Finance

Rob West

October 02, 2023

5 Types of Loans To Avoid With Howard Dayton

Howard Dayton is the founder of Compass Finances God's Way and the former host of this program - WHAT'S THE FIRST LOAN TYPE WE SHOULD AVOID Finance Company loans High interest rates large fees and closing costs Important to differentiate between interest rate and the APR as the latter includes additional costs - AND THE SECOND Payday loans Viewed as legalized robbery Typically have an APR of Creates a cycle of borrowing due to high interest rates with borrowers often giving away their entire paycheck to cover the loan - WHAT'S THE THIRD LOAN TYPE Pawnshop loans Short-term loans based [... more]

Faith And Finance

Rob West

September 15, 2023

When Spouses Invest Together with Rachel McDonough

Start with the differences between how men and women tend to think or approach life Broad generalities about men and women in relationships don't apply to every couple Contrasts between men and women builders vs beautifiers risk takers vs nest builders task-focused vs relationship-focused big picture vs detail-oriented factual vs intuitive compartmentalized vs centralizing Men tend to be the head of the home and women tend to be the heart of the home Opposites often attract in couples with one being more of a thinker and the other more of a feeler both holding equal importance When it comes to [... more]

Faith And Finance

Rob West

September 06, 2023

3 Financial Questions To Answer With Ron Blue

Ron Blue is co-founder of Kingdom Advisors and the author of several books on personal finances from a biblical perspective including Never Enough Keys to Financial Contentment Ron published a video series a while back for Kingdom Advisors that revealed questions everyone needs to answer KEY QUESTIONS WHO OWNS IT This question is so foundational because until you answer that question you don't know the difference between the steward and the owner And when I say I own it then I can do whatever I want with money But if I say God owns it now my actions change because [... more]

Faith And Finance

Rob West

August 30, 2023

Checking Up On Gold With Mark Biller

Mark Biller is executive editor at Sound Mind Investing an underwriter of this program The latest issue of Sound Mind Investing's newsletter featured a deep dive on gold an article titled Checking Up On Gold A lot of gold watchers expected gold prices to be halfway to the moon by now but that hasn't happened THE RECENT PERFORMANCE OF GOLDWell when investors think about gold and what drives its price there are a handful of things that stand out inflation government spending wars and other fear events and so on When you think back over the last three years what [... more]

Faith And Finance

Rob West

August 28, 2023

Record Credit Card Debt With Neile Simon

THE TROUBLING NUMBERSFor the first time credit card debt has surpassed trillion and is now at trillion In the second quarter alone it shot up billion or Now compare these numbers to the overall household debt which spiked by trillion since the end of before the pandemic Household debt includes credit card debt mortgages student loans and car notes And credit card debt is now almost of the average household debt That is very concerning when you think about how expensive a car or a home is People are really drowning in debt because of these higher interest rates and [... more]

Faith And Finance

Rob West

August 25, 2023

A Good Time To Buy With Dale Vermillion

INTEREST RATESMortgage interest rates are still elevated around But Dale says what's unusual here is that typically when inflation drops rates drop along with it because the bond market which drives interest rates on mortgages generally responds favorably That has not been the case for the last couple of months And that's due to some other factors For one the Fitch downgrade of the U S government's credit rating was a big deal that really held back rates But Dale adds that a number of signs point to being a much better year in terms of interest rates Doug Duncan [... more]

Faith And Finance

Rob West

August 17, 2023

Your Money Priorities

James and Come now you who say 'We will go into such and such a town and trade and make a profit' yet you do not know what tomorrow will bring A lot of folks are feeling uneasy about the future How many more interest rate hikes can the economy take before sliding into recession And what about the rollercoaster stock market Well if you don't know what the future holds it just means you should prepare and set certain priorities for managing your money We'll share some of them now Not all will apply to you but there's probably [... more]

Faith And Finance

Rob West

August 16, 2023

Still a Seller’s Market

The National Association of Realtors reports that in the first quarter of home prices actually rose in out of metro markets around the country That happened even as the Federal Reserve continued to raise interest rates pushing the average mortgage rate to nearly This isn't how things typically work When mortgage rates increase prospective buyers typically bow out resulting in fewer sales which then causes prices to fall That's Economics When demand falls so do prices But that's not happening partly because demand is not falling Prospective home buyers have apparently gotten used to the higher rates and are staying [... more]

MoneyWise

Rob West and Steve Moore

August 09, 2023

God Empowers You to Overcome Worry

We should be concerned about high inflation rising interest rates and the Wall Street rollercoaster But when concern turns to worry then it becomes a problem On today's MoneyWise Live host Rob West will talk with Jim Newheiser about how God empowers us to overcome worry Then Rob will answer your calls and financial questions nbsp See omnystudio com listener for privacy information [... more]

MoneyWise

Rob West and Steve Moore

August 09, 2023

A Mortgage Update

The Federal Reserve rsquo s ongoing effort to curb inflation by raising interest rates is having a ripple effect throughout the economy especially in the housing market On today's MoneyWise Live Rob West will get a mortgage update from Dale Vermillion Then Rob will answer your questions on various financial topics nbsp See omnystudio com listener for privacy information [... more]

MoneyWise

Rob West and Steve Moore

August 04, 2023

Moving from Renting to Buying

Many factors are making home ownership more difficult but the big ones are higher interest rates and low inventory If you're in the market to buy a home make sure you tune in for today's Faith amp Finance Live Host Rob West will welcome Aimee Dodson to talk about overcoming those ownership hurdles so you can move from renting to buying Then Rob will answer your calls about various financial topics See omnystudio com listener for privacy information [... more]

Faith And Finance

Rob West

August 03, 2023

Back to School Shopping Tips

BACK-TO-SCHOOL TAX HOLIDAYSNow obviously you want to make the most of your back-to-school money and that starts with knowing everything you can about sales tax holidays in your state Deadlines really matter and it seems like every state has set up different tax holiday periods In many cases these are set up as weekend events but not always Some may start on Friday and end on Saturday so you've got to know exactly when your tax holiday starts and stops In states with a sales tax this could mean saving anywhere from - right off the bat Okay so now [... more]

MoneyWise

Rob West and Steve Moore

July 31, 2023

Managing Money Tensions in Marriage

Ask any couple what causes the most stress in their marriage and they rsquo ll probably say ldquo money rdquo nbsp However the problem isn rsquo t usually money itself ndash or even lack of money On today's Faith amp Finance Live Rob West will explain how you can manage money tensions and restore peace in your marriage nbsp Then he rsquo ll answer your questions on various financial topics nbsp See omnystudio com listener for privacy information [... more]

MoneyWise

Rob West and Steve Moore

May 30, 2023

Saving for Major Purchases

By planning and saving for things you know you're going to need or want in the future you can avoid taking out loans or going into debt with your credit cards On today's Faith amp Finance Live host Rob West will explain how taking certain steps can make saving for major purchases a lot easier Then he'll answer your calls and financial questions See omnystudio com listener for privacy information [... more]

MoneyWise

Rob West and Steve Moore

May 25, 2023

Rising Credit Card Interest Rates

If you rsquo re carrying a balance on a credit card do you know how much you rsquo re paying in interest Here rsquo s a hint mdash it rsquo s a lot more than you were last year On today's Faith amp Finance Live host Rob West will talk with Neile Simon about how you can fight back against rising credit card interest rates Then Rob will answer your calls on various financial topics nbsp See omnystudio com listener for privacy information [... more]

MoneyWise

Rob West and Steve Moore

May 22, 2023

If You Lose Health Insurance

The Fed has raised interest rates times in the last months hoping to curb inflation So will the latest rate hike tip us into the recession we rsquo ve all been expecting On today's Faith amp Finance Live Rob West will talk with Lauren Gajdek about how you can be prepared if the economy falters and you lose your health insurance Then Rob will answer your calls on various financial topics nbsp See omnystudio com listener for privacy information [... more]