5 Ways to Make or Save Money

Looking for a way to make some extra box or maybe you just like to hang on to more of your hard-earned dollars.

Either way, the digital age is providing new ways to improve your cash if you have an Internet connection, smart phone, you can make, or even save money online, sometimes with little effort on your part. Financial planning future. Rob West tells how today this edition of the program is recorded so please phone calls. Next time I'm Steve Moore cashing in online that's not a wise life Rob devices these days to improve their bottom line. But you have five more today that we haven't talked about before, or maybe I just mentioned briefly. So where do we begin sir. Well Steve, let's start with thinking about apps that already exist and require no startup effort or time on your part.

I we talked about ridesharing apps like Uber and lift before but there are many others. One of them is called post mates and to make money with it. All you need is a smart phone and a car just like with Uber and left. But instead of driving people around you, do their grocery shopping and deliver it to their homes. Once you're set up and approved those made send you a free delivery bag and prepaid card to get started.

You just have to be at least 18 years of age and have a properly insured vehicle opposed mate says its careers can make up to $25 an hour, including tips which they get to keep but one reviewer said it's more like $20 an hour for an experienced courier outpost mates isn't available everywhere yet so you have to check if your area is covered. Thanks for the offer I get me a gallon of milk 11 health will do okay well that's great for people who love grocery shopping.

What's next well number two is something called trim and this is a money-saving app that can allow you to keep hundreds of dollars a year with almost no effort on your part. Sound good well trim looks at your monthly spending for places where you might be overspending like unusually high bills or digital subscriptions, you forgot about it gives you a list of targets and you can choose the ones you want to cancel. You'd probably want to use it several times a year are really great for folks who sign up for free trials and and don't realize that they're being charged for things after 30 days or so and that's something I think maybe I've done once or twice myself know what you have for us with our number three is called inbox dollars and it's a way to earn money just by surfing the web you use their search engine instead of Google or some other and the app monitors your search habits and provides data to companies trying to better understand consumers doesn't pay much reviewer's report making less than $0.50 an hour but then again you're only searching online like you normally would. So it doesn't require any extra effort to not listen, don't take this personally, Rob. But all that I've been reading. I'm starting to feel a little antsy about privacy issues. Yeah well that's always a concern with any of these apps. The legitimate companies aren't supposed to sell or share your personal information like email addresses with third parties, but make sure you opt out of receiving emails and other notifications whenever you sign up for now.

Okay good idea what's next.

Number four is the Nielsen app we know them for tracking TV ratings, but there are also big into Internet usage research, Nielsen pays $50 a year just for keeping their app on your browsing device, and this is a good one. If you are concerned about privacy. You see the app collect statistics on your Internet usage anonymously so the data is never linked to you and as an incentive to sign up. Nielsen offers various other rewards including a $10,000 prize each month okay because you have been looking at this I'm thinking $50 a year that's like less than a dollar a week. Still, it does at upright time for one more. Yes number five is an app called user testing. Most of us have gone to some company's website and found it less than helpful. Maybe it has problems with navigation or they've buried information that should be readily accessible. Now you can get paid for grumbling websites. When you sign up to be a website tester you get to offer your opinions about website design, quality, ease-of-use, user testing collect that data for company so they can improve their sites and increase sales. The company says you can make $10 for every 20 minute test. You complete so those are five ways Steve you can make or save money online. Most of them without leaving the house, but I think we should add one other disclaimer and that is we haven't tried them ourselves. But we have checked online reviews to make sure their legitimate outfits.

The main complaint we see is that they don't pay a lot of money but buyer beware. Just some ideas for you today.

Think about being a good steward of God's money and listen everywhere will be right back.

This is why many people are experiencing financial challenges such as credit card debt downsizing that in jobs and savings. In fact, more than half of all divorces are the result of financial pressures at home in your money counts biblical financial expert Howard shows that the Bible is a veritable managing your finances will discover the profound relationship with God, your money count is available when you click the start button moneywise live you have money in a retirement account for just a general investing.

You know, the stock market sometimes is possible to enjoy both profit and peace of mind and investing no matter what's happening. You can see a short video webinar on sound mind investing got more since 1990 sound mind investing funds offer financial wisdom for living well sound mind investing.RG the notion of right and wrong. Well to popular these days. I saw a bumper sticker recently that said, there are no rules under any dominant society without rules, without consequences. We have to look very far in this world to see what we can be when we think there are no consequences. People sometimes look at God and think old man stick a bunch of rules that none of us can live up to God created a fantastic world.

He breathed life into us.

He kind us a free will. The choice to choose rejecting but at the end of the day. The consequences justice goes hand-in-hand with left side is forgiveness. That's why he sent his son Jesus to pay the price for FIs, and whoever believes in him will receive eternal life. One day we will stand before him, and will not die. The choice we make today will have consequences you feel like your hands are tied with dad preventing you from serving God.

If you have credit card debt. Christian credit counselors can help through our debt management program we can get out of credit card debt. About 80% faster while honoring your debt and so for more information on how Christian credit counselors can help visit Christian credit counselors.org Christian credit counselors.org or call 800-557-1985, 800-557-1985 moneywise live and we talked about our telephone number. Often, usually because we live don't call us. You can find us online at moneywise live.it's moneywise live Rob West taking your phone calls your questions on any financial topic. Rob I think you had something you wanted to share with listeners what you know Steve, we hear from so many listeners each day really so many of them talking about how long they've listened some of the some of them just finding us recently. All just so encouraging about the chance we have together to learn God's way of handling money and so just appreciate so much. Those of you who tune in each day and would like to invite you to participate with us perhaps to partner with us to keep this program on the air. We have a wonderful team here and look forward each day to bring you God's truth as it relates to money and if it beyond your time.

You have the ability to give a gift to moneywise media we would be incredibly grateful. Whether that's a monthly gift and you want to partner with us as a moneywise patron or give a one time gift however little or however much you would be able to bless the ministry with we would be grateful. And so I just want to thank you in advance for those of you who are already partnering with us and those maybe for the first time you want to step up and give a gift, I want to say thanks. Thank you very much.

Let's continue on up to Ohio Curtis. We appreciate your patience, buddy.

What's on your mind what you have to share with us while gone on for almost a year now 31-year-old daughter living in the house.

We all at rent want to buy wife totally against with a four-month-old baby and get another living there not knowing what the larger was yeah but you certainly need that James 15 if you lack wisdom, let him ask. And certainly this is an area where you need great wisdom because clearly on one hand you don't want to enable bad behavior and almost reward someone is not following God's plan with regard to their finances and honoring their parents on the other hand, we realize you want to provide for your family and we've got a little one in the equation here is you have not only your daughter but her baby and so I think this is very challenging as you just assess her ability to care for herself and the baby. What is your assessment at this point of her situation was all the baby she had a brain bleed and what you will. She's lucky to be alive miracle live but men really go back to work and not paying rent was previous to having babies okay well I think the first thing is, again, for you and your wife to make this matter prayer.

Second thing is to make sure that you both are on the same page about the plan moving forward. And that's going to take opened and intentional communication. So you are of one mind with regard to how you approach a situation whether you decide to exercise tough love or whether this is a time to be lavishing your generosity toward your daughter. I think you're one step.

I would certainly take is to sit down with her face-to-face and say listen.

We love you. We want to support you and in your baby your child our granddaughter and we need to come up with a plan here and so part of our continued assistance in this situation is going to be predicated on several things happening one you learning God's way of handling money to you progressing in your demonstrating you understand how to handle your finances which includes you getting on a spending plan showing that to us beginning to manage your money wisely, including some rent in that plan, and making good on that and to the extent you're not willing to take these steps while we continue to provide assistance. There are going to be consequences and then lay out those consequences whatever those might be. But again, I think you will have to have that plan going into it a couple of additional thoughts wanted you could involve a third-party if you feel like that would be more helpful and so you could say part of this plan is you getting with a moneywise life coach who is gonna walk with you, and over the next month is going to help you put a plan together that you're going to present back to us and so he gets you out of the details of that, but it does have someone who's godly who can help put a plan in place. Walk alongside her, that would be one option. The second option is you give her a period of time. You say were going to be willing to help for X number of months and at that point our support is going to stop unless we see the following things and so I realize it's difficult, especially when there's a child involved in. So this is a time for you all to be prayerful and as husband and wife communicating very clearly as you develop this plan will certainly ask the moneywise live community be praying for you and that you Curtis thank you very much.

I like your advice there Rob.

Obviously the baby does complicate things.

The other question you have to ask yourself husband-and-wife is is it a situation where they won't pay or that they can't pay and and your right is sitting down and trying to work on a budget. Having a conversation with them. As parents, sometimes the dynamics make it difficult so involving a third-party. Perhaps a budget coach would be a good thing there. And again you can find out how to contact a budget coach when you visit our website Curtis which is moneywise live.org and there's no charge for that. Perhaps that would help the situation were glad you called and will pray that God works that out.

Thanks very much. Indianapolis, Indiana hey Terry what's on your mind today.

I really biblical with you here on a regular general contractor for over 30 years.

Done work for many wonderful people.

However, it then my question please don't feel any responsibility to pay their bills yeah and case in point one individual. I did work for $5000 for the work they never had the money, yet they were able to buy three new cars make the family on vacation you lot. There are weekly Baker you know they they just never had the money to pay the bill totally happy with the work. No complaint, I'm just curious how you feel. That situation like that should be handled well. I think you got two situations going on. One is where we give to someone in the other is where were in business with someone in the case of getting we just have to be prayerful and decide as the steward of the money, whether the Lord is leading us to do the giving and then we gotta leave the rest to him regardless of what they do with it or how they're living their lifestyle in a business situation with the know our customer. We gotta be prudent were stewards of the business. In addition to the resources that God has entrusted to us a part of that is making wise decisions now. We may decide to be gracious and give or not collected in certain situations because we want to bless someone, but in other cases, we have to collect in the right way. Without him if everything have to say goodbye but would lead to anything so much more moneywise with Rob. Many people adopt an attitude toward marriage and finances that it will all work out somehow.

But sadly, it often doesn't financial woes can devastate a marriage but there is a better way. God's way, money, and marriage counseling by Howard Deaton will help you discover God's approach to growing your finances strengthening your relationship with your mate and cultivating godly joy, money, and marriage counseling is available and moneywise live.org/the rock consequences in our lives, not to hire negative want to look further at that worried. I'm looking back at Romans chapter 9 has been following the personal rock that makes them stumble and fall next and fall. The Greek word I want you to write down because you can already see the word in the Greek word, so get ready Greek word this is a transliteration DNA and stand in line, but where do you thing the less silly words can become your comparable no my way.

Many people adopt an attitude toward marriage and finances that it will all work out somehow. But sadly, it often doesn't financial woes can devastate a marriage but there is a better way. God's way, money and marriage God's way by Howard Deaton will help you discover God's approach to growing your finances strengthening your relationship with your mate and cultivating godly joy, money, and marriage God's way is available and moneywise live.org, your host is your phone number mentioned today.

Please ignore that phone number. Today's broadcast is a reprise addition of the program, but I think the upcoming information will help you and bless you and make you a wise steward of what God's given you Tampa, Florida, and Heather, thanks for holding what's on your mind today. I sure doubt in looking at what we have we have about $1900 left over each month we have how the mortgage had on that we really thinking about or what we would need to check five back to take retirement or yeah Heather, I love this question.

You are thinking about all the right things. It sounds like your well-planned and as you start this new marriage and family, you know you are really in a position to honor the Lord with what he is entrusted to you by following his biblical principles and really managing your money very very well. I love that you mentioned that you are tithing you mentioned that you got this extra money. You have no debt right now is that right when I on a level and I have a call publicly because I like very good.

Excellent okay and you said you have established an emergency fund. We have about 14,000 okay excellent and tell me about the mortgage.

What is your interest rate and what is the house worth versus the loan balance but all we got married three years.

He had a rate of about or quarter and he started with hundred and 30.he turned excellent. I think the house is worth today what we look at Jan, allowing 160) 180 okay excellent building up some equity. Obviously he's paying this down rapidly. I suspect is put even a little bit extra toward the house beyond the monthly payment periodically and so you're doing all the right things are keeping income low.

Obviously your expenses are to grow. If you decide to, and the Lord will bless you with kids down the road you're gonna have increases in your expenses you'll have to start thinking about college and those kinds of things. This is a unique season you've kept your lifestyle in check. Which is why you have roughly a couple thousand dollars extra. Let's talk about what your options are for longer-term savings like retirement. You have a 401(k) or 43 be available either of you have really yeah I'm really and he get 3% match teacher arm felt where hoping that he can now knowing that you know are not able possibly partly moral and family. Yes, excellent okay well again I think you're certainly on the right track because you're getting. You've got your emergency fund and place your maxing out at least the matching portion of your 401(k) or 43B and you've paid off all debt except the mortgage with the exception of the student loan but that's can be taken care of through the forgiveness that I think the next step is really to bump your retirement savings up to 15% of your overall pain, so I would take a look at what you all are doing your 10% on your income plus what you're doing in his income put all of that income together and say are we saving of 15% and that would be my goal. Beyond that, then I would start looking at opportunities to give even more euro to two things beyond the tide that the Lord would be directing you to and perhaps even putting some additional savings aside for a short-term goals like the next car you might want to buy that you'd like to buy for cash those kinds of things that I think given everything you're telling me here before I go and start to paying down the mortgage even more quickly and make sure that your retirement savings is up to 15% across the board.

Based on your income. Excellent. Let's send you a book to for you all to really get started the right way ST when we send them Howard Dayton's money and marriage God's way just so they can begin to learn these principles in style right yeah I think that's a great suggestion if you stay online.

Heather will get your contact information will get that right out to you guys and wish of the best. Thanks very much right about Roth or any other young couples are getting married in the other thought suggestions, recommendations, caveats or warnings.

What I would say for those that are still in the premarital phase. I would be doing a lot of talking about what was money like growing up. What expectations do we have what kind of lifestyle are we going to lead.

What about giving whatever plans there. Let's go and put a budget together. I think those are the kinds of things we need to be doing in advance of getting married. Once we get married it's a really important to establish discipline early that begins with that be word the budget.

Let's get it on paper. Let's get a process to control the flow of money. Let's start establishing your goals is talk about our values do we want to prioritize the value of generosity or simplicity, or family experiences. What's important to us and let's make sure our spending reflects that Steve and I think beyond that, that we gotta learn God's way of handling money so we have to be regularly learning these principles and that's why think a book like money and marriage God's ways a great great resource. I agree here's a quick email from Louis dear guys, I love your show. Thanks. What are your thoughts on investing in crypto currencies, yet scripted. Sorry, but I try to do this quickly. Crypto currencies for the benefit of our audience. This is virtual money that is for the most part unregulated in traditional terms so people by the virtual coins as an investment, but there also used as a means of exchange has no intrinsic value like gold because there's no physical form and the supply is not determined by the central bank now as to investing in crypto currencies no way crypto currencies are ultra high risk way too much volatility grossly exceeds any other investment class and the Bible has something to say about this. Proverbs 21. Five the plans of the diligent surely lead to abundance, but everyone who is hasty comes only to poverty. By the way, Steve.

A good rule of thumb if you can't explain it, you probably shouldn't be investing it like it or she can explain it to your spouse, you probably shouldn't be investing it. I mean you probably would be better off with collectibles you know by a muscle car or something and wait for that to turn around me crypto currencies can be fun. We all know someone who put $500 in them and then cashed out at 5000 but believe me there are far more people and put money in that can't get it out of her lost it all.

The Bible also says the way of a fool is right in his own eyes, and I think we can attach that crypto currencies pretty easily and pretty well more moneywise live with Rob West. After this, how should we as Christians think about investing. What if we could invest our money in a way that aligns with what we believe that Eventide we believe it is possible to love God and love our neighbor in the very best design investments for performance and a better world so you can invest for the future with a sense of wholeness and purpose. We call this investing that makes the world rejoice. More information is available@investeventide.com Christian healthcare ministries enables believers to show love for one another by sharing each other's health costs through CHN's voluntary health cost-sharing programs members uplift each other spiritually and financially. CHN was an eligible option under the affordable care act and a Better Business Bureau accredited charity interested. Learn more by calling 800-791-6225 or online at CH ministries.more space in the communications major and many families every since that week is founding 667. These commandments today are to be on your heart never when you lay down that's Deuteronomy 667 first things are always happening to the radio.

God is at work in listeners all around the monthly online newsletter uplift is changed in order to bring more listener stories more program updates and more listening resources be among the first to know about radios ongoing out check out the old new newsletter subscribe right now my moody radio.org my moody radio money and life run on the same track. Unfortunately, sometimes it seems like your money is heading in a different direction from your goal, and never enough three keys to financial contentment. Author Ron blue helps you to break down all your financial options to a basic floor and then shows you how to keep it all chugging along in the right direction on the same track never enough three keys to financial contentment available when you click the store button moneywise lot resident dropping first lady Milana you are experiencing mild symptoms of covert, 19. However, the White House physician says the president is expected to continue carrying out his duties without disruption while recovering the president son Baron has tested negative for covert, 19 president's campaign manager says all campaign events involving the president and his family will either be turned into virtual events or postponed until further notice.

He and who heads Mr. Trump's reelection says VP Mike pence was tested negative for covert 19 plans to continue his campaign schedule and the debate with, Harris is still on major US stock indexes ending lower today.

The Dow dropped 134 points. The NASDAQ off 251 of the S&P fell 32 this is SRA news is I will live back to our callers.

Cleveland, Ohio as a writer. Thank you so much for your patience today so will your spirit what so I now know you still good actually. Yes, it's great question. So for the benefit of our listeners there in Ohio. She has access to the Ohio 457 which is a deferred comp plan for Ohio Public employees and is right if you don't need the money. Another option would be to make that contribution to a Roth IRA up to the limit, which if you're over age 50 would be 7000 for this year. The benefit there is you don't get the tax deduction but that money would be able to continue to grow. So, assuming you don't need this money anytime soon. Based on your the payout are going to get on your retirement plus Social Security you would not bump up against that required minimum distribution at age 70 1/2 where you have to begin pulling it out, which is what would happen with the score 57 once it's rolled into an IRA and so that money could be invested, albeit very conservative but you could have a growth component to it again.

If you don't plan on using it because just because you enter retirement season, assuming you live long in the Lord Terry's you have a decades long need for this money to last grow which means would still need it to be working for you even though it be in a more conservative posture, so the benefit of that Roth is you wouldn't have that RMD that would kick in at 70 1/2. Otherwise, I don't mind you continue doing to contribute to the 457 just because you will get the tax deduction now, which is probably at a higher tax rate that you would realize in retirement may be slightly higher and that money you know could continue to grow for you in a tax-deferred basis while you continue to work for the next few years, but I, like the Roth IRA little better. I shall I write what will you have to have earned income to contribute to a Roth IRA. So as long as you have any earned income wages which you would as long as you're working then you can contribute to a Roth IRA and so you okay will will I see I miss that. I thought you were continuing to work. My apologies know if you don't have any earned income, you would not be able to contribute to the Roth. So at that point any additional money that you have that you want to be able to put away. If you're not working you don't have any earned income. You no longer have access to the 457 you would just have to save outside of a retirement plan and just build your money up that way you could any money had coming in. You can obviously set aside in longer-term savings, but it would not be in a retirement vehicle. If you don't have access to a retirement account and you no longer have earned income is. I don't understand Tom's right yet you what right and that's what I was talking about before and I think yes if you feel like you're going to over accumulate and therefore you don't need the money.

I like the Roth for you now while you're still working because that money then could stay there and continue to grow and you wouldn't have to take it outside. I do like that option for you right now right and we wish you the best.

Thank you very very much time for one more quick win, Appleton, Wisconsin. Ruth what your question from yes my watching my mom.

Her money like it because my dad with dementia and a nursing home $9000 a month and my husband mother is out and fell there question is correct, then it would be how I think you get that long-term health insurance for her in the future when I 50 right now and I did it. Now if they were different options with that or if there is reason to say yes there now that you Ruth, I hear what you're saying and you all are experiencing firsthand what is for most people. The single greatest risk in terms of eroding your assets during that season of life and that is long-term care and the percentages are very high in terms of the percentage of Americans that will need some sort of long-term carried more than 50% well and it tends to average somewhere between 18 months and three years on average.

The key is you want to try to preserve assets through offsetting that risk transferring it to an insurance company and be able to have control over how you receive care. Do you want in-home care.

Do you want to be in a nursing home you want to be in assisted living. You don't want the government making those decisions. So that's where a policy like this comes in. I like you looking for a policy like this between age 55 and 65 and here's the general rule of thumb, you want at least to have assets of more than around 350,000 less than 3 to 5 million. Because once you get over that you can self-insure pretty easily and under 350,000, and assets you're going to be relying on government assistance but in that window which is most middle income and mass affluent Americans. I like this policy, assuming you can make it fit in the budget and you take it from a company that's committed to the space and really can is a solid company in the long term care space. The key is if you can't fit it in the budget and you keep it for a few years and then drop it. If it's it's of no value to you. So I would find an insurance agent who specializes in long-term care insurance. If you don't have someone you could contact certified kingdom advisor in your area. Ask for a referral to someone who does and find a company you can really give you something fits in your budget meets your needs and I think it will give you a lot of peace of mind, especially given what you've seen happen with your out with your parents and God bless you. Thanks for calling today and we appreciate it very much thank you very much, Ruth, and in your 50s, you still have plenty of time this thanks.

Do you know if you have enough money of house.

Do you know how much is enough. If not, one blue can help with this book. Master your money a step-by-step plan for experiencing financial contentment and how to save and invest and give wisely create a long-term financial plan and how to get out of debt. Find it all in master your money by Ron blue available when you click the start button moneywise live to work. Hi. I'm very glad I'm here to help you understand how urgent it is a sugar for every opportunity to the eyes of a layman are you concerned about what's happening in America. So many people you know of lost hope but God is given secured disease of hopelessness and despair. His name is Jesus, God's gift to us giving gifts represents our love for others.

So keeping the gifted Jesus to yourself is not an option is a way to show your love to those around you sharing your faith in an afterthought. Most of those around you are in desperate need for God and share your faith may be their only hope of being burdensome.

It's an amazing God is given you to represent him and wants the joy in your heart and strengthen your own. It's fun to give gifts and sharing the gift of eternal life is the best gift ever because of never-ending.

There is nothing more exciting than knowing God is using you to move people closer to join is not America.com Pearson right. That's how I feel about first Peter chapter 5 for state roaring lion, seeking someone to wander today. Do you feel is to get you well as a stronger client.

You was on the prowl for your soul. The tribe of Judah in the Bible sure you see, Jesus was in you and he was in the world some fearsome to kill just like he gave strengthen David and Samson kill their the spirit of the Lord will come mightily upon you that today and one day the Bible says you'll even crush those liens under your financial wealth you leave behind could be the best thing that ever happened to your loved ones or the worst, and splitting hairs, giving your money and things to your children without ruining their lives. Ron blue explains why it's important to make these decisions now, instead of forcing your heirs to do it later. Splitting hairs will foster a real appreciation for the precious resources that God has entrusted to you, and it's available. Click the start button moneywise live.org. This is our final segment of the broadcast. We previously recorded. Thanks so much for being with us today and we hope to stick around and enjoy this Friday. Wise live. Glad that you are there. Miami, Florida. Sabrina nice to have you with us as well. And how can we help you, thank you very much for taking my call. I have a retirement question. I'm planning roundabout.

September and I'm wondering what to do it. My plan needed. There are rather to move it how I recently moved from a risky pond into the chief not much but I want to do it. Money and I'm so glad I did because that would unlock the trunk and I'm not done it but I know I need to apply those yet. I will not moment where should I move it once you separate from the company or in this case, the federal government, you have the option to take that thrift savings plan Sabrina and roll that out to an IRA, which is what I would typically recommend how much do you have been there roughly about all okay alright so you've obviously put in a long tenure with the government and you been working hard and save in a good amount of money and so I think the key for you right now. How far off.

Is this for years you're done working okay very good will. Congratulations. Why think the key is to be planning now Sabrina about what that season looks like both with respect to Lord what you have for me in this really exciting season of life or you have an incredible wisdom and experience and where does he want you to go and what is he want you to do and all of those things but then also how can I be a faithful steward of this wealth that you have that you been able to put away diligently by following his principles and not putting that on autopilot I think is really important. I think having someone who's a trusted professional who can help you make those decisions in a way that gives you peace of mind and of courses in light of your goals and priorities not taking any unnecessary risks but also allowing it to work for you so that it can produce an income to supplement Social Security and whatever other income sources you have so do you have an investment professional Sabrina that you know of you have okay great so that individual could help you with this and I would be planning now for what that looks like as you move this account out because that's going to give you more options. If you put the TSP insider and it could then be invested in any number of mutual funds or stocks or exchange traded funds are private bond allocation in their and again the key is to make sure that it's invested in light of what you're trying to accomplish. Were not trying to beat the market or anybody else in terms of the returns we want to preserve the capital first and then we want to make a grow. Remember, part of the role of a steward is to take what God is entrusted to you and put it to work in a way that's consistent with that so that's where I would go next.

Talk to your certified kingdom advisor about that and it's likely going to be that that individual recommend you roll that out to an IRA. Sabrina, that's a great call. Great question.

Thank you very very much as St. Louis, Missouri Ryan, what's on your mind today sir, I should not cross your radio show today. Think I like I thought I and I've already fully funded my rot this year and I'm in sales. I think I'm kind of very wildly from year to year and I don't calculation looks like this year dangerously close to being out that income limit to be able to contribute to enemy like right on the but my question is year and it looks like working exceeded by a couple thousand. What a contribution to our regular IRA for my life without reduced our AGI number nine this year. Does it really is a function of the income limits that you have and whether you go over that and there are ways to reduce the taxable income that you have and one of those is a contribution to a tax-deductible retirement plan. There are no income limits for the traditional IRA so yeah. Whether it's a step IRA or deferred comp plan or a traditional IRA. Those are all ways to reduce that income so that you would then have the ability to contribute to a Roth. The key is if you over contribute you want to make sure you deal with that because that excess contribution will result in a penalty and some taxes potentially do. If you have any growth on that but I think the key has right now I would be working with your tax preparer to see how you maximize that opportunity to take the money that you received in this great year were you've earned quite a bit. Get it working for you reduce your tax taxable income in a way that allows you to continue to contribute to that Roth and sounds like you're doing a great job stalking some money away. We appreciate you listening, glad you found us today okay right okay have a quick follow-up. Sure yet. So what what would happen if we didn't want rot and we did exceed our income. What happened weekly check that out without yeah well there is a penalty that applies to an excess Roth contribution but it can be avoided when if you were able to take it out.

I would just work with your CPA is going to depend on when it went. And when you realize this and whether or not there's been any gain on that money that will have to be recognized from investments, but do you want to try to identify that as quick as you can see you're not open up against the limit and deal with it as soon as you know about it and that's can obviously lessen any penalties and taxes that are due. Thank you, Ryan, Rob, Jean is calling from Chicago Jean were so glad you called today how can we help sure, and I'll no longer want to do what would be the loan, well I don't see any reason to keep the loans in place. You know that's dead and after we pay off credit card that we want to go after consumer debt is kind of the next focus other than our saving and giving goals. If anything having a car loan could raise your insurance rate because your lender would in many cases. Most cases require you to have full collision insurance which you wouldn't be required as me shouldn't have it, but wouldn't be required if you owned it outright. And so I like the idea of you paying that loan off.

That's a guaranteed return equivalent to the interest rate you're paying right now to the lender on that car and so I don't see any reason to keep it and I think having the loan doesn't do anything to help you with regard to the insurance RIG. Thanks for your call today. God bless you. Thank you Jane Elrod. Our previous caller was calling from St. Louis, obviously St. Louis, Missouri, and those are. That is one of the states, it's been so severely impacted this past week by bad weather storms, tornadoes, Missouri, Oklahoma, Texas, Arkansas. We just want to listen or snow in those states that that we are keeping them in our prayers. You just can't do much about tornadoes in these kinds of storms other than prepare yourself as best you can hunker down and lots of praying that's exactly right. It has been a rough week and our hearts and prayers to go out to those folks in the in the path of that. This is the time of the body of Christ can really be the hands and feet of Christ as they come to the aid of those in the midst of that destruction, but am glad you mentioned that we certainly need to be praying for those folks that is for sure Robert. He said we tackle a couple of emails. All right, let's do it right.

Here's one from Tim dear Rob we been giving 20% to our church, but over time at work has been cut. I can't see anywhere else to cut the budget were already pretty cheap on things like groceries, do you have any advice for being able to keep up our giving, or should I cut back to 10% Tim, I appreciate your desire to continue to give.

I think at the end of the day. We recognize we can't out give God. And so whatever he leads you to do. I would do. Out of the faith and trust in him.

At the same time I also recognized part of your responsibility is to provide for your family and that means living on a balanced budget and cutting back where necessary as income decreases or certain expenses come up along the way we have to navigate all that so I would start by just making this a matter of prayer, number one, number two. I'd set some financial goals.

Of course, anything you do that needs to be within the biblical principles which means you need to live within your income so the budget needs the balance we should be able to pursue our goals both giving and saving and then ask God to give you and your spouse. Peace of mind about what that means.

I don't think others a magic number if you will about what you need to do.

We don't need to take a legalistic approach. As a matter of being a cheerful giver giving proportionate and giving in light of what God leads you to do and if that means first season you have to cut back. Well, I think there's nothing wrong with that.

I would just take that matter to the Lord okay rubber that I think you have put a ball on it for this week. Thanks so much trust you and yours will have a wonderful weekend. Once again, thanks very much. Thanks Dave already well if you're having any money problems or concerns.

I'd like to recommend a book that's blessed thousands of people inspire good friend Howard Dayton and the title is your money counts.

Obviously the way we manage and use our money impacts every other area of our lives and plays an important part in how God is able to use our lives. The book your money counts available for purchase. When you visit moneywise live.org, you'll see lots of resources there. You might want to check them out moneywise live.O RG moneywise live is a partnership between Moody radio and moneywise media. My thanks to Judy Courtney, Jim, and she for their assistance today and thank you again SMS and for tuning in this thing being a part of the program around West time Steve Moore hoping you and yours have a wonderful remainder of the day, then join us again next