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The Grateful Worker

MoneyWise / Rob West and Steve Moore
The Truth Network Radio
December 15, 2021 5:07 pm

The Grateful Worker

MoneyWise / Rob West and Steve Moore

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December 15, 2021 5:07 pm

Colossians 3:23 reminds us that our work should be for the Lord and not for men. That verse can serve as a great reminder that we still need to be a grateful worker during the seasons when we’re discontent with our jobs. On today's MoneyWise Live, host Rob West will explain how we can rearrange our thinking if we’re not happy at work. Then he’ll address your questions on various financial topics. 

See omnystudio.com/listener for privacy information.

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What ever you do work hard and as for the Lord and not for men, you are serving the Lord Christ was verse in Colossians 3 remind us to be grateful every day that we have a job. The ability to earn a living. Blessings from God about that first today that is all your calls at 800-525-7000 800-525-7000. This is moneywise live with for your financial surveys instantly unhappy with their jobs. We also talked recently about the great resignation. More workers are leaving their jobs than ever before, hoping to find something better now. There's nothing wrong with that. We should always be trying to improve our job skills and take on new challenges and there's nothing wrong with wanting to earn more as long as just having more money isn't the real goal and along the way we have to remain grateful for the job we have. We often forget that God gave us our jobs in the first place. Once we grasp that it becomes the key to changing our whole attitude about the workplace. The Bible clearly shows that God ordained work, even before the fall in the very first chapter of Genesis, he commands Adam and Eve to be fruitful and increase in number, fill the earth and subdue it. Rule over the fish in the sea and the birds in the sky and over every living creature that moves on the ground and even after the fall, God gives us instructions about work in Exodus 20 God says six days you shall labor and do all your work, but the seventh day is a Sabbath to the Lord your God.

When you feel yourself wanting to grumble about work.

Remember that God isn't just some hard taskmaster ordering us to do work. Rather, he's also our great provider you might think your resume or work experience got you hired, but ultimately God provided your job, not a single Adam moves in the universe without his sovereign direction, so we never want to be ungrateful for what the Lord has provided, and by the way, being grateful on the job provides an excellent opportunity to point others toward Christ. When everyone else is grumbling and you're going about your duties faithfully without gossiping about the boss or the workload you're providing an excellent witness for Christ. Now how do you rearrange your thinking. If you're not happy on the job well. First, it's helpful to stop and think about what exactly you do on your job.

Look for the meaning in it. Even if you think it's mundane all honest work is honorable in God's eyes. It's easy to miss this but the things you do on the job almost certainly make someone else's life better by providing a product or service you're helping to solve someone else's problem in making their life better. That's certainly one reason why God ordained work to make the world a better place to take some satisfaction in that just not the credit. Psalm 29 says ascribed to the Lord the glory due to his name. You'll sometimes hear the expression, managing expectations, it's something we should practice on the job. It means not promising others which you can't deliver, but it applies to our own thinking as well. Business by nature is competitive companies have to keep cost down so the final product or service is marketable, so don't expect your company to provide a Cadillac health plan free daycare and ping-pong in the break room if you don't expect too much, you won't be disappointed. Keep this in mind to figure going around grumbling about problems all the time you become one of them instead of grousing about problems look for solutions instead look at every problem as an opportunity to improve things, trying to come up with a solution gives you a chance to learn something and possibly become a more productive worker suggest alternative ways to things management might not act on your ideas, but leaves the boss will know you're trying to help out. What if you're already doing those things and you know and act as though God is your true boss and you still don't feel satisfied with your job will that certainly will happen at times in the Bible doesn't say you have to stay in the same job forever. It could well be that God is leading you to something else. Just remember that changing jobs or careers can be stressful. You'll have a new boss new coworkers and usually new duties and make no mistake, finding a new job won't help you if you carry the same negative thinking into a cell first put into practice the things we've been talking and then with much thoughtful prayer and consideration asked the Lord for guidance. It could well be that he has a brand-new opportunity for a new place where you can be grateful all right your calls or next. 800-525-7000 can call that number 24 seven on any financial topic will look forward to hearing from you. Here's the number again 800-525-7000 on Rob West and this is moneywise live biblical wisdom for your financial journey will be right back. Stay with us today and moneywise live for God and apply the 2300 verses we find in his word to the financial decisions and choices. We are dealing with today. The good news is God's word is always right, always relevant.

It's never going to change so we can apply those timeless principles and know that were putting ourselves in a position to experience God's best. Does that mean we're going to be without any challenges along the way.

Know the apostle Paul said it clearly there's got to be times of plenty there's going to be times of want. We need to find contentment in all of it accepting God's provision.

Living well within it, meaning living within our means doesn't mean we don't strive to improve our situation and earn more, that's fine.

But whatever provision God has provided today.

Are we living within that and being found faithful.

That's what all of us are wrestling with trying to do each day. We will help you do that here in this program we got slides open would love to hear from you. The number is 800-525-7000. That's 800-525-7000 before we head to the phones we had a call.

A moment ago from a caller who did not want to be on the air. Let me just ask her questions.

She says what is the best route to get out of debt.

$35,000 in credit card debt. There was fraudulent charges on my credit card. What I would say to the caller is first let's deal with the fraudulent charges. Obviously, if there are fraudulent charges. You should be able to dispute those charges and they should be removed. One of the benefits of credit card is the liability is limited, so long as you identify those fraudulent charges in a timely manner and report them to the credit bureau they will be removed and they will go after the fraudulent party. If these are appearing on your credit report which by the way, if you've had some fraudulent charges. I would encourage you to pull a copy of your credit report from each of the three bureaus, and annual credit report.com.

Despite the many websites that'll offer your credit report.

That's the only one that's the government issued site and you absolutely get those credit reports free annual credit report.com when you pull them see if the fraudulent information is appearing their course. If it's not yours.

You can dispute according to the fair credit reporting act, you will once disputed. You will then wait for the credit reporting agency to either verify that they are accurate or when they can't delete it and that has to happen within 30 or 60 days. So check that out now with any debt that you're left with that is actually yours others a couple of approaches number one if you want to handle it yourself.

The balance of small you've got you living on a budget, you got margin, meaning excess over and above the bills then you can snowball the debt. I would go pay the minimums on all of them go smallest to largest balance, take every available extra dollar that you have beyond the minimum payments in all your bills and apply it to the single smallest balance credit card. Great news is you get that one paid off quickly and then you can take that money and applied to the next one. The psychological boost that comes with knocking out that first account quickly will give you the motivation you need to keep going. Now if this seems a bit out of reach. Perhaps you have a bit more debt than you can handle on your own.

I recommend that management Christian credit counselors.org is our trusted source there wonderful folks there believers don't come alongside you get those interest rates reduced and with one single monthly payment over the life of the payback, you pay the debt back 80% faster again Christian credit counselors.org all right. We got slides open were heading to the phones next.

800-525-7000 number to call were to start today in Fort Myers, Florida hi June thank you for calling. How can help now and I were on a one night at the moment and we would like to know and down the mortgage. We feel that it wouldn't really be able to market booming or think about selling the house and make a profit when we can kind of how we can move forward.

I wanted to know if you think about like what are your thoughts on this request in June.

I appreciate you was giving me the background on. That's my first question to you would be. Are you a dual income family and you're moving to one income seer to have a drop in income that you're trying to account for a dual income. The moment we were originally came in COBIT and Cal yes all right, so you're trying to sustain yourself on one income, which means you're going to have to right size the budget, how much are you underwater every month. So when you take all of your fixed and discretionary spending you total it up, make the cuts where you can cut back except for the home.

What is your shortfall about 6 to 700 okay right now.

Do you have any savings and emergency funds at all RVUs those that we had dinner and realizing that with dwindling down. What are the best option for now.

I'm glad you had that in the first place. At least he was able to cover this latest unexpected expense. But I agree it's critical that we get this budget right size so you are falling behind each month. Now that the savings has been depleted. The only concern I have. June is just where you would go from here.

Obviously you're gonna pull it up quite a bit equity out of the home you, you're going to benefit from the increasing housing market. The challenge is where do you go next and in a rental prices are elevated right now if that's your plan.

You just gonna have to look and see what would you be happy with that would fit your family in the right location. With the right size.

A lifestyle that you're looking for and then figure out exactly what that's gonna cost you, you might be surprised that that that's even more, or at least the same than the current mortgage that you're paying so I just want to make sure you have a good plan as to where you go next if you're looking to downsize and buy something you know and have either a smaller mortgage payment or something like that again.

You just need to look and see what the cost of what you're looking for even something smaller is going to go for and then make sure that you are in fact solving the problem because the last thing I want to do it.

You too, you know sell the home. Pull all this profit out feel better because now your savings account is padded with all this home equity that you pulled out you go to rent your budget still upside down except a year or two from now. Now we've kind of run through that profit that we got out of the house and we still have the same issue which is were living beyond their means. So talk to me about how you'd solve for all of that including your living situation and rightsizing the budget kind of what we were trying really carefully trying to make it look like everything that you've mentioned is exactly what we need to deal prior to actually make it into the home is where we go from here that's really Ararat right now but I think that really is something you need to prayerfully and thoughtfully consider June before you sell this house because it's likely going to sell quick but you need to have a plan and we need to make sure were not treating the symptoms Borax retreating issue. So the question is based on the income that you have in your desire to stay home, which is great deal.

How do we build a budget that lives within that that means we were covering all of our fixed expenses recovering our discretionary expenses were able to have some margin so we can prioritize rebuilding our emergency savings that were giving regularly the work putting something in a way for retirement and were not can accumulate that and when I can. Gonna run through all of this profit from the house.

So I think that's the place to go next June is to really do some hard work on a budget and then do some homework. With regard to where you would go from here from a housing situation and figure out what those real numbers are so you can plug that into the budget to make sure it all works before you make the decision to sell the house will ask the Lord to give you some wisdom on that as you move forward and our money was coaches would be happy to help as well.

You can visit moneywise live.org to learn more. Now this is a challenging situation, and so much of our financial life.

Once we recognize that God owns it all comes down to this big idea of living within our means. It sounds simple, much harder to do, but the spending plan is your friend, because we can't make work make it work on paper.

This is moneywise live moneywise live with us today we tackle your financial questions and apply biblical principles with you dealing with the lines open. Perhaps one is for you is the number 800-525-7000. That's 800-525-7000 give us a call right now whether it's savings related getting out of debt. Perhaps you're dealing with that pesky credit score saving for the future. Maybe it's giving whatever's on your mind today get 800-525-7000 but said right back to the phone so Troy is in Lee's Summit, Missouri Troy, how can help you have a question you guys all you do obviously do a great job. I know it's affected us a lot of weight and get away come. I am about $45,000. I'd like to invest and I'm not quite ready to do another investment property and so I was looking at the treasury direct website and it has and I savings bond. The starting up to April 7 point something percent, I am really read on and I was on the road and not on how you got your will that warrant Geico some of that account.

Almost too good to be true and not sure how long I want yeah yeah very good know it's a great option.

And you know this is a great time to be looking at it you'll have to leave the money in there for a while, but you're exactly right. The current rate is just over 7.1%. You are limited to $10,000 per calendar year. And so you wouldn't be able to put the whole thing in, but this is a great option you right now, as we've seen inflation take up we may not see these bonds pay this forever, but at least for right now. It's a great option for you to go ahead and get some extra yield and I don't think you know, this elevated inflation at least elevated beyond what we been accustomed to it. 302% annualized. I don't think that's going away. I think you know it's gonna come down to more moderate levels. You will probably back to more of a 3% plus sustained rate, I think over the next couple years, but this would be a great option for you to get a bit more yield on this money.

Obviously it's backed by the full faith and credit of the United States government and you can do that a treasury direct got.gov so Leon S gives me a Troy I think you're on the right track. Our friends@soundmindinvesting.org have done quite a bit of writing on the I bonds of you're looking for lots of details on, what are they and how should I go about them. How should I think about them a check that out again sound mind and the.org if you just search for the word I bond you can do some great reading on it, but I think this would be a great move for you with the money you have parked on the side we appreciate your call today. Barrington, Illinois hi Andrew, how can help you help like you guys usually don't get easily but hopefully not the heart? I think I so I bought a car three years ago 42,000 miles on it.

I currently own nothing on the vehicle.

Carmax is offering me 100% of what I paid work tax title everything out the door so that was kind of enticing so I started looking at new cars but I bought this car new three years ago and with the current market it, and I would be adding about $8000 and had that to buy the new vehicle so saying that I would be getting a brand-new warranty brain acquired grainy tires that I have had it hired a new Mike maintenance on the other car which direction should I go check the car. Or should I add that $8000 in the data and get a new car and kinda restart the like of a car. Yeah that what they were in a really unique car buying environment right now you know the average used car is still up quite a bit in the last year, 15% plus over what they were previously and you know that's just because of the lack of inventory of this going on right now in terms of five young Carmax. You know, many of them are selling their paying top dollar for these cars. Just because what's going on in the marketplace and normally you would get trade-in value which you could typically do better than that with a private sale but deal because of this unique environment right now, many of them are pan again top dollar which is allowing you to essentially get out of this two-year-old car for exactly what you put into it.

The question is what are you going to do with it and you're telling me that although your debt free. Now you can have to take on $8000 in debt to kind of essentially replace this car and I would just ask why you if you've got a good, quality car. I don't see a reason to take on that additional debt. I realize you're starting the warranty over your starting over, you know, in terms of the car, but you should be able to cars these days them in 100,000 miles is nothing, we turned our last car in at 250,000 miles it all and they just they run for a long time. If it's a good quality car.

So I guess my preference Andrew would be you just continue driving this car and if you've got some money that you would have put toward that $8000 in debt for a monthly payment. What if you start paying that toward yourself so you begin the bank that money and then what it is truly time to replace it. Down the road it starts to give you problems you got some repairs creeping up on you. Now you can sell it as an older model used car get still something back out of it, but the money that you saved allows you to buy that new car without taking on a name yet and then you avoid that altogether ago just a few seconds left with your thoughts on one thing that was something to other people and their part in that same advice you that the confirmation of what I need to do that.

I like you. Absolutely. Andrew, thanks for checking in with us all the best my friend tell us that this is moneywise live biblical wisdom or financial decision. Visor open right now-five 7000.

Thanks for joining us today on moneywise live biblical financial decisions. Just got a note on things she wants to offer some advice on recommendation I made to be pulling your credit report regularly. She says we go to annual credit report.com and we pull one of the three bureaus every four months and that insurers that were just four months away from the next one because you get one year and no cost and so I think that's a good strategy want to stay on top of all three and perhaps by spacing them out like that you will ensure that if something's going to be on there that tell you didn't know about that. You need to dispute your only just a few months away from getting your next look annual credit report.com take that advice and pull one every four months. I think that's a great suggestion start heading back to the phones today to help you with your financial questions. By the way, I've got a spot for you.

We got some lines open the number to call is 800-525-7000. Eric is standing by today taking your calls is our call screener today. If you're you lucky you might even be able to talk to Amy Rios or producer 800-525-7000 patricians in Fort Lauderdale, Florida, my hometown, Patricia, how can help you think all I have will all yes well you know if you can read zoning that would be one option. A lot of times those are confusing contracts. Those rent-to-own agreements, there may be fees to the timeline is a consideration. Are you willing to wait to become a homeowner you know it can be a great way to slowly make some progress but you just need to make sure that the seller is not making promises without any evidence that they won't to follow through. You know, I think the key is your sensing Patricia that you're kind of throwing money away not building any equity by paying these rental payments, especially since rents have gone up so much. Along with the rising housing market.

So given the supply constraints.

The lack of inventory we see the housing market deal, up 22% last year and as a result of that your rents have followed so I realize the strain that's putting on your budget and the frustration that you're not getting anything for it.

The only problem is you take that frustration and buy a home too quickly, one that you can afford. You'd make a bad situation worse by putting yourself in real financial your potential hardship.

So I would want to make sure you're ready to buy that house meaning. Number one the gym at least 20% for down payments of you looking to spend $200,000 I would make sure you have at least 40,000 for a down payment, which may mean that you need to push the pause button continue to rent as much as you'd like to buy and save also want to make sure that that mortgage payment is no more than 25% your take-home pay for principal, interest, taxes and insurance that's going to ensure that you have plenty left over for the rest your bills. There's plenty of mortgage calculators out there so you can figure out what that number is and that basically it's going to be, you know for $50 for every 10,000 you're borrowing at current interest rate so you borrowing 100,000. That's $500.

Now that's just for the mortgage payment and you gotta add the taxes and the insurance so I do your homework, check your budget figure out what you can afford and make sure you have the 20% down payment.

If you don't as much as you'd like to be a homeowner Patricia I would wait it out. Perhaps the housing market will cool a bit, give you a bit more time to save and make sure you go in when you're financially ready. I wouldn't want you to get yourself into a difficult spot. We appreciate your call today. All the best in the days ahead 800-525-7000 got some lines open. Pat is just north of Patricia. She's in Sarasota. Pat, how can I help you when you are trying to dance.

I and we were told that while he held her house because of night and today we had a unit that really felt it would be having a capital gain tax and rework packets aren't what we needed today about that. This is your primary residence, Pat. Yes, there right and if you been there. Two out of the last five years that we've been there 13 years. Okay then you're not going to pay any capital gains unless you have more than $500,000 in profit and gain. So you take your aridity or selling price minus your original purchase price minus any improvements you made to the property that increase the value that stays with the property and whatever that number is is essentially for all intensive purposes, your profit and if that number is less than 1/2 $1 million. As a married couple filing jointly for your primary residence, you do not have any capital gains whatsoever tightly take the house and we were told, I really think pertinently, probably at the price now get over 500,000. He had held a slightly damp night's you want to get a lot of money when he found no homeowners are exempted core thanks to the taxpayer relief act of 1997, so no capital gains on the first $500,000 in profit as a married couple filing jointly.

That is profit. The excess over the cost basis which is your selling price minus reporting price purchase price and an improvements okay yesterday yeah, your you're buying lunch next time I'm in Sarasota because you just saved a lot of money. I'm just kidding, but we appreciate your call today a Merry Christmas to you Pat Willoughby Hills, Ohio is where Cheryl is Cheryl how can I help you. I have a question about home equity loan versus a home equity loan may not home equity line of credit and alone. I have a line of credit right now, which was my mother and she passed away six years ago. If I've been paying on it and him in the monthly well it's for over 31 a month and $70,000 I owe on.

I went through I called Fellowship home on and they told me that you know they can help me and we can do alone on the line of credit and the interest rates going to be like 2.84 and I'm paying like 3.16 right now and of course the interest is going to go up and I'm just concerned because my payment doubled because I'm in a have it paid off in 15 years, instead of four 3100 can be closer than 900 because my insurance and my property taxes going to be included in the mornings. On this property, or is this in addition to now this is the only mortgage on the house is worth about 180,000, and the balance on the HELOC is 42 is 70,007 acknowledgment And would you refinance into a new first mortgage. A conventional mortgage. I'm not sure how they're doing and he sent me all the paperwork and I figure what to even ask him what tonight Well here's what I would be looking for in just a few seconds and talk more I fear I'd be looking at refinancing this with the new first mortgage to get a fixed low rate no longer variable, and let's do the amortization schedule meaning. Figure out the payment fits your budget where you can pay it off as quickly as possible in this low rate environment. There's no reason to stick with the variable you stay on the line will talk more of your call today because 805 five 7000s number. Call one to moneywise live in West euros with us today, but it right back to the phone is in Indianapolis and Emma think I I'm very well thank Gowri that by January and I my life where I'm about to buy a home in. I was wondering like dart down time homeowner higher or possibly the first question is are you ready to buy a house. So tell me what you're thinking in terms of first of all, what have you saved for a down payment this over and above your emergency fund in the second. What you know. Can you afford in terms of the monthly payment. So right now all other my emergency and I have about and then right now for my apartment almost a grand my credit or not, but I believe that I should be able to get a payment below that anything blunt about dollars ideal for me and one what would you be looking spin looked around the area you'd like to be in the size place you'd want to. What would you need to be able to spend get so wrapped about 100 hundred and $90,000 What I found what I would prefer you know I'd love for you to have no more like 32,000. You know, upwards of 38,000 for the down payment because I really love for you to go in with 20% equity. I realize that would require you to delay this purchase for a while.

That's can ensure that you know you've got to tell you never to be upside down.

You know we're not in the situation were you going to pay private mortgage insurance which is an expense that doesn't benefit you in any way that would be my preference. Number one in the number two I want to make sure Emma that the resulting mortgage payment is certainly better than you know where you're at right now or lease the same, but no more than 25% of your take-home pay so I can think long and hard about this and if you're going to jump into this sooner then you know having 20% down. I would just understand the implications of that.

Secondly, you don't really all comes down to your budget and I think right now what you need to be looking to do is make sure you're living well within your means. That means that you've got up not only a spending plan, but a system in place to control the flow of money in terms of the priority use of your margin. That is whatever's left over after the bills are paid and hopefully there is something in will be even after this purchase. You want to make sure you're fully funded your emergency fund, 3 to 6 months expenses that I be looking if you have a retirement plan at work to get at least the matching portion if there is a venting up to 10 to 15% of your take-home pay going into your retirement plan and then look at other short-term and medium-term goals that you might have. If your need to replace your car or perhaps you're starting to fund your replacement savings account there's any other goals that you have be looking at those as well. So it really comes down to, stepping back, asking the Lord to give you vision for where he's taking you thinking about what are your goals short-term and long-term.

In light of your values and then allocating your finances so your living within your means and then you can prioritize the use of your margin around those goals and some of the things that I mentioned to give me your thoughts on praying here and debate whether I wanted to way or whether I wanted to jump the gun, go for it. I believe that you know having 20% down payment and having the equity right off the bat will be definitely bestial. So everything that you said definitely is where I would leaning toward. I really hate that. I'm delighted to hear that and I think you you you can't go wrong is frustrating as it is to think you really him to continue to pay rent and not building any equity in it.

Love to be a homeowner. The last thing you want to do is jump the gun and you know get into something too quickly when you're not ready financially and then you pay the price for that down the road so I don't think you can never go wrong, waiting, going slow and building a solid financial foundation under you, you stay on the line I'm to send you a copy of around blues, book, master your money. It's chock full of biblical wisdom that I think will really get you pointed in the right direction is a lot of great practical advice as well. So we appreciate your call. Hang on the line will get that book right out to you and a Merry Christmas to you Lauren is in Fort Myers. Learn how to help come great.

Thanks and hope you're well thank you Diana question on then we have an income of about $48,000 in mind, and right now we are about 20,000. I at that building are Americans defined and we are about $37,000 in back for an art high and right now I get trying to decide what shall we do pay car dictating because were trying to buy a home. Okay so you suggest 4800 a month in income is at right okay and are you do you have anything left over after the bills are paid. I have about 500, 500 okay and so your spending about 4200, give or take. So you've got to know at least four months expenses there which is great that you will have save that up and what none are quite maybe a little less than four months, but over three so that's really good. I think in terms of the student loans and the car I would love for you to get those paid off as quickly as you can. I'd probably prioritize the student loan in terms of where you can apply your surplus, but if your goal is to be saving to buy a house and you factored in. You know the repayment of the student loans and the car into your plan. I certainly don't have a problem with you guys. Beginning that process of starting to put away for the house because I realize that's gonna take some time.

It's probably something you'd love to have sooner rather than later. And you know, getting rid of the car and the student loans in its entirety is going to take you quite a while.

So if you build your budget where you're giving you got something going toward retirement your funding that the debt service on the car and the student loans you're on track to pay off the car loan and whatever that term is and you can pay off the student loans in 10 years than I would say let's just freeze that emergency fund right where it is and take that to 500 a month and start funding that the down payment savings accounts that you can get up to 20% down for the for the house does all that sounded fair recommending and client company. At minimum, whatever actually have to write down payment on how I think that's right as you got your emergency fund in place, which is great it's going to take you quite a while to pay off the car in the house years and that's going to delay coming in the student loan so that's good.

The way that house purchase quite a while so I think as long as you're on track to pay off the student loans in 10 years, and you're on track to pay off the car in whatever the term is of the loan that I would say at that point, I would be comfortable with you redirecting your surplus toward the down payment savings account for the home, and I think you guys will be glad that you make some progress and if it any point God convicts you to get out of debt will you build take that savings and apply it right toward either one of those balances, but that would be my best advice. Lord we appreciate you calling today were to finish today with Eugenia in Boca Raton hi there, how can I help him call me. We have extra money and I hear about that. I buy $10,000 a year getting back is not all that for the household that I found yes that is a good question and I'm not. I believe it's per person, but I would want to check on that. I can't remember right off hand, Eugenia, whether there is a provision that allows you to do that, per person, so I would check that out. The best website to get all the information on the I bonds is treasury direct.gov, which is the government's website. You can read about it. Also, sound mind, and.org has some great articles on the I bonds currently paying 7.12. Now if you get out within their 30 year bonds. But if you get out in less than five years you will give up some of the interest and you've got a hold it for at least a year but I would check on whether or not that is per-person or purse household. I'm hesitant to say because I can't remember offhand so you thought you stumped me to the treasury direct got.gov or sound by the best in.org should give you the information you're looking for, but I will tell you Eugenia, I am a big fan of the bonds, especially in this environment, it's nice to find safety with some real yield and I would say North the 7% is quite a bit yield so you checked out. We appreciate your call today, but folks that's gonna do it for us so we covered a lot of ground.

Today we talked about the paying down debt, credit cards and spending plans and bonds and investing you. Here's the good news is that everything we do fits into one of four categories. There's the money we live on the money we give the money we owe and the money we grow in God's word speaks to all of them and the key is when we recognize our proper position as steward that God owns it all and therefore our spending is ultimately spiritual because we're managing money for the creator of the universe. It puts money in its proper context. It's a tool to accomplish God's purposes, so we need to constantly be asking the father Lord, what would you have me to respond accordingly. Hey moneywise live is a partnership between Moody radio and moneywise video I say thank you my team today, answering phones Mr. Eric Tidwell hearing today was Dan Anderson providing research is amazing Robert Sutherland Austin producer Amy Rios is well. Thank you for being here. I hope you come back and join us tomorrow.

All you


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