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Money Myths, Again!

MoneyWise

Christian talk radio with Rob West

October 5, 2018

There are many timeless truths about money -- most of them originating in the Bible by the way but there are almost as many myths about money as there are truths. In todays show, Rob and Steve set the record straight on these money myths that may be affecting your wallet: A raise costs money if it moves you into a higher tax bracket Renting is just throwing money away The mortgage interest deduction is a major advantage to buying a house I dont make enough money to save Carrying a credit card balance boosts your credit score Income tax is illegal because the 16th amendment wasnt ratified Next, Rob and Steve answer questions at (800) 525-7000 [email protected] the following: From Rochester, N.Y., Brenda calls to ask if she should help her son pay an $8000 student loan. Miguel from Miami wonders about the best house buying practices for both home and investment consideration. Catherine from Aberdeen, MD calls to find out if she should tithe on Designated Gifts shes given to fulfill her mission work. Do you have enough house? Do you have enough money? Do you know how much is enough? Master Your Money by Ron Blue will help you save, invest, give wisely, learn how to create a long term financial plan and much more. Find this and other resources when you click the Store button athttps://moneywise.org.

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