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Daily Events: May 26, 2022

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Christian World News

Frank Nico on 2020 Year-End Giving
Visit CBNLEGACY.org, call 1-800-333-2373 or email PlannedGiving@CBN.org Year-End Ideas - Optimizing Charitable Giving There are three focus areas when deciding on optimizing charitable giving while maximizing tax deductions: Appreciated Investments Cash Retirement Plans Appreciated Investments Gifts of Stock Select a highly appreciated stock held for 1-year+ in a brokerage account. Donate stock shares by […]
Dave Says: Playing the Lottery Robs You Of Your Future
Dear Dave, I’ve been struggling financially for the past few months, so I’ve been playing the lottery once a week. To me, the chance to win millions is worth a few dollars a month, even if things are tight. Paula Dear Paula, You’ve told me you’re having money troubles, and at the same time you’re […]
Four Reasons You Should Not Use Your 401k to Pay Off Your Credit Card
Q: We have $30,000 in credit card debt and it seems it will take forever to get it paid off. Should I use money from my 401(k) to pay off that debt? I am 35 years old. A: I realize when you see that money sitting in your 401(k), that there is a temptation to […]
3 Simple Ways to Boost Your Savings
Have you ever stopped to consider the potential "future value" of the money you spend today? If you were to save it rather than spend it, what would it be worth in, say, 20 years? For example, let's say you spend $8 each workday for lunch on the job. What if you decided to fast just once a week […]
Giving Generously While In Debt
When Karen and Scott got married, Karen had nearly $50,000 of non-mortgage debt. Scott, who was a Chicago firefighter at the time, jokingly referred to it as "a reverse dowry." Several years before meeting Scott, Karen had been through the breakup of a relationship she thought was headed toward marriage. "I decided that if I'm […]