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A Car Insurance Primer

Faith & Finance (formerly MoneyWise)

Christian talk radio with Rob West

October 25, 2017

On today's program, Rob West and Steve Moore take a look at the basics of buying car insurance. They discuss things such as the different types of liability insurance, how much insurance coverage you need, and how to decide what is best for your situation. Next they answer your questions on any financial topic at at(800) 525-7000and [email protected] Compass1.org about the following: - I am self employed and my CPA is very good at legally making sure to pay the least amount of taxes as possible. By him doing that, it has been hard for me to get pre approved for a mortgage for the correct amount based on what I make. Advice? - I am planning to move into retirement in 10 years. Is it better to use assets from my IRA or is it better to save up for the next 10 years and put it in a money market? - I am 61 years old and have a net worth of around 1.5 million. Someone suggested I take 300K and place it in an annuity. Is this wise? Be sure to check out our website,Compass1.org, for a number of helpful resources (were on Facebook, too: Compass - finances Gods way). And thanks for your prayers and generousfinancialsupportwhich allow us to keep MoneyWise on-the-air

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