Using Home Equity to Save a Business
Sherri and her husband are self-employed in the trucking industry and are facing serious cash flow problems. They are tempted to use the equity in their home to keep the business going, but this is not a good idea. Instead, they should pray together, consider the economic conditions, and seek wise advice from a financial planner. It is important to remember to practice absolute honesty and integrity at all times, and to trust God to lead them to a better place. Rob also answers listener questions about mortgages, Able accounts, credit unions, and more.