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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
For example, let's say you spend $7 each workday for lunch on the job. What if you decided to fast just once a week and save that $7 rather than spend it? Over 20 years, you would accumulate $7,280. Not bad. But if you were to invest that $7 a week in a Roth […]
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 […]

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