Ask Chuck: Is America’s economy about to implode?
It sure looks like Larry Burkett’s book "The Coming Economic Earthquake" is happening before our very eyes! Is this the big one that he warned us about?
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: Are credit unions safer than banks?
With the threat of this banking crisis, we are looking for options in which to place our funds. We have enough cash to exceed the FDIC limit for couples with a joint account ($500,000). We have heard that credit unions are safer than banks. Is that true?
Ask Chuck: Are banks even safe anymore?
This banking crisis has me nervous. How bad is it? Should we trust our small regional banks? Where should we put our money?
Ask Chuck: Help for first-time homeowners
My husband and I bought our first home in an older neighborhood where young families are choosing to live. We put 10% down and now want to build equity in our home, but we have more time than money. What are the best ways to build “sweat equity” as “do-it-yourselfers”?
Ask Chuck: How do we get a better return on our savings?
We like our bank, but we get next to nothing while they hold our money in checking and savings accounts. We need to do better, but we fear moving money to banks we do not really trust. What would you do?
Ask Chuck: Time to stock up on gold?
We are senior citizens. My wife thinks we need to start stocking up on some gold. I am not so sure; plus, I would not know how to do it without getting ripped off. Any advice?
Ask Chuck: When will car prices go down?
I thought car prices were going to drop when chips reentered the market. I’m not seeing a drop where I live, and I really need to replace a vehicle. What should I do?
Ask Chuck: Be diligent to achieve your financial goals
One step forward and two steps back seems to be the story that describes all my efforts to achieve any financial goals. No matter how hard I try, discouragement overtakes me, and I am back to square one with too much debt, too little savings, and not enough motivation to keep trying!
Ask Chuck: Recession fears rising
The Federal Reserve raised interest rates — again. I’m hearing murmurs of a recession, and though most think it will be mild, it creates fear and trembling. How can I prepare myself?
Ask Chuck: Help me save more money!
I know I’m supposed to save, but I really don’t know how I can or even why I can’t seem to make progress!
