Summary: Financial Freedom – Today on MoneyWise, Howard Dayton and Steve Moore discuss the Biblical principle seen in Proverbs 22:7. They examine how indebtedness can put us in a position of bondage. Then they turn to questions from listeners (800-525-7000 or moneywise@compass1.org): "I live in a mobile home and it is almost completely paid off. I am trying to become completely debt free and I was wondering if I should stay where I am in the mobile home and continue paying the monthly lot rent, or should I move into a house where I won't have the monthly fee?" "My brother and I own a farm and would like to refinance. The bank sees it as an investment property so they are hesitant to lower the interest rate. Any suggestions?" "I'm recently remarried. My husband and I are trying to refinance our primary residence. Should we refinance and put him on the mortgage?" Thanks for your prayers and generous financial support which allow us to keep MoneyWise on the air!
