Ask Chuck: A case for economic optimism
I have lost $300,000 in my 401k in the past 12 months, and things appear to be getting worse. I plan to retire in 5 years. Should I get my money out of the market or try to ride out the economic storms?
Chuck Bentley
CP Guest Contributor
Chuck Bentley is CEO of Crown Financial Ministries, a global Christian ministry, founded by the late Larry Burkett. He is the host of a daily radio broadcast, My MoneyLife, featured on more than 1,000 Christian Music and Talk stations in the U.S., and author of his most recent book, Seven Gray Swans: Trends that Threaten Our Financial Future. Be sure to follow Crown on Facebook.
Ask Chuck: Preparing your estate plan
We’re considering hiring a financial advisor to help us develop an estate plan. We want to protect and pass down our assets and possibly set up a giving fund that the children will jointly manage. Any suggestions on how to do this right?
Ask Chuck: Tax refunds expected to be lower
We usually pay down Christmas debt with our tax refund, but I am worried we will not get as much back this year. What can we expect?
Ask Chuck: How to become more generous this year
My husband and I have generous hearts, but in reality, our actual giving is not so great. Do you have a plan to help people be more generous?
Ask Chuck: Best financial moves for the New Year
If you can be disciplined in just one area of your life, you can learn to be disciplined in all areas of your life, But it must start with one.
Ask Chuck: How do I manage my credit score?
We’ve made financial mistakes in the past and want to improve our credit score in the New Year. What steps should we take, and what should we avoid?
Ask Chuck: I’m losing trust in currencies
I always thought a small diversification into cryptos would protect me from the collapse of fiat money, but now with the collapse of FTX, I am losing trust in the entire concept of currency. What should I do?
Ask Chuck: Procrastination is hurting our finances!
Procrastination costs us in numerous ways. It is stressful and leads to a self-inflicted crisis. Let’s examine just how much it costs to put off the discipline of careful planning.
Ask Chuck: Should I trust cryptocurrencies now?
Since the FTX debacle, do you think the crypto market has been ruined?
Ask Chuck: Are you shrewd with money?
The Parable of the Dishonest Manager looks like Jesus commends lying. Am I right about this? Curious what you think.
