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Principles of Borrowing and Lending

Faith & Finance (formerly MoneyWise)

Christian talk radio with Rob West

November 6, 2017

Steve Moore and Rob West look at some Biblical principles of borrowing and lending. Next, they answer your questions at (800) 525-7000 and [email protected] about the following: - I am 53 years old. I have 1.2 million in a Roth, regular IRA and an annuity. I have been a housewife for 27 years. Should I keep putting money in my accounts or am I ok to keep the dividends where they are until I retire? - Ive received $7k on my tax refund. What is the best use of this money? - My wife and I recently got married and are looking to purchase a home. We are going to sell her old home and use that money as a 20% down payment on the new home. We are also considering a HELOC on my townhome to make up part of the 20% if need be. Advice? Be sure to click the link above to check out our website (Compass1.org) to connect with a Compass Coach or access our books, videos, or any of our free helpful resources. You can also find us on Facebook (Compass - finances God's way) and get notifications about our weekly Facebook Live events. Thanks for your prayerful and financial support that helps keep MoneyWise on the air. And if you'd like to help, just go to the website and click the Donate tab at the top of the page.

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