Chuck Bentley
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.
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Ask Chuck: Credit card vs. 401(k)?
Withdrawing funds from a 401(k) before you are 59 ½ will cost you a 10% penalty. Plus, you will have to pay taxes on the money you withdraw.
Ask Chuck: Ready to retire?
The typical approach to retirement negates an aspect of God’s design for man: work.
Ask Chuck: Is refinancing my house worth it?
With interest rates so low, should we refinance our house?
Ask Chuck: Should I save, or invest in my career?
I believe that investing in your future right now will be worth far more than your $1200 stimulus check will be if it is sitting in a bank account.
Ask Chuck: Investment advice during a crisis
Whatever God’s purpose is in this time, we must be vigilant to guard our minds from deception. Let’s talk about that, and then I will offer some investment advice.
Ask Chuck: How to encourage someone affected by COVID-19
The coronavirus has created a lot of uncertainty in every sector of the population. I cannot address them all, but here I will address some segments that you can be prepared to help.
The upside of unemployment
If you or someone you care about are among the millions of Americans who have recently been furloughed (usually a temporary work interruption), laid off (dismissed permanently), or lost a contract job that provided all of your income, be encouraged.
Ask Chuck: Are we taking on too much national debt?
You and I agree that we have a long-term problem. America is carrying almost 25 trillion dollars in national debt. We produce approximately $20 trillion/year in GDP (gross domestic product), so our debt is more than 100% of our annual economic output.
Ask Chuck: How to adjust after COVID-19?
During this period of sheltering, many have come to realize how little they really need. The fear of not being able to pay expenses has become reality.
Ask Chuck: Implementing a crisis budget
While you are waiting on your job or company to restart or for stop-gap assistance to arrive, now is the time to implement a crisis budget.