Summary: Financial Freedom – Howard Dayton and Steve Moore discuss the importance of financial independence no matter your income or circumstance. Then Howard and Steve turn to questions from listeners (800-525-7000 or moneywise@compass1.org): “Is a long-term bond a good option for my elderly relative?” (Steve recommended the listener look into SoundMindInvesting.com.) “My husband and I recently received a payment from a car accident. How do we decide how to use it?” “How do I budget on an irregular income?” "I am 63 years old and pay weekly for group health insurance. I would like to cancel the insurance and use the money to pay off a high interest credit card until I qualify for Medicare. What are your thoughts?" "What does the Bible say about suing a non-believer?" "What is an annuity?" "The city I live in offers a first time homebuyers program, which provides assistance with closing costs. Would there be moral or practical flaws in accepting this kind of assistance?" Be sure to check out the Compass website for a complete listing of helpful resources and radio archives. Thanks for your prayers and generous financial support which allow us to keep MoneyWise on the air!
