Finding Lost Money

This is Damon Baxter and I serve as business development director for MIDI radio. The only reason were able to spread the gospel of Jesus Christ on the radio is because of financial support from listeners like you. We also have businesses support us to like United States mortgage faith and family is at their core, it's why they choose to be such a close partner with our station is why they specifically advertise on Christian radio stations across the country. It's wife, father and son, John and Ryan still lead the company to this day. Check out United faith mortgage and their direct lender advantage@unitedstatesmortgage.com thanks to you and to United faith mortgage for supporting Rudy radio United faith mortgage is a DBA of United mortgage Corp. 25 Belleville Park Rd., Melville, NY license mortgage backer for licensing information, go to an MLS consumer access.org corporate MLS number 1330. Equal housing lender not licensed in Alaska, Hawaii, Georgia, Massachusetts, North Dakota, South Dakota and Utah. This is Damon Baxter and I serve as business development director for MIDI radio. The only reason were able to spread the gospel of Jesus Christ on the radio is because of financial support from listeners like you. We also have businesses support us to like United States mortgage faith and family is at their core, it's why they choose to be such a close partner with our station is why they specifically advertise on Christian radio stations across the country. It's wife, father and son, John and Ryan still lead the company to this day.

Check out United faith mortgage in their direct lender advantage@unitedfaithmortgage.com thanks to you and to United faith mortgage for supporting Rudy radio United faith mortgage is a DBA of United mortgage Corp. 25 Belleville Park Rd., Melville, NY license mortgage backer for licensing information, go to an MLS consumer access.org corporate MLS number 1330. Equal housing lender not licensed in Alaska, Hawaii, Georgia, Massachusetts, North Dakota, South Dakota and Utah and losing your court is frustrated and losing an insurance policy or inheritance can be financially devastating West we all lose most of the time it's things like a wallet and eyeglasses of the TV remote. Would you believe that each year assets totaling billions of dollars missing about how to find them first. Today that it's all your calls at 800-525-7000 800-525-7000.

This is moneywise live wisdom for your financial Bible tells us to know the condition of flocks today, we'd say that means keeping track of our assets, so let's start with life insurance policies there lost more often than you think survivors may not be aware that a policy exists.

Paperwork can be lost. Last week we talked about the mountains of paper that can accumulate if you don't have an efficient filing system. Insurance papers can easily be accidentally thrown out the national Association of insurance commissioners or NAIC says that each year millions of dollars in insurance benefits go unclaimed. So how do you find out if you're the beneficiary of a lost insurance policy. While the NAIC has a tool called the life insurance policy locator service that lets you search nationwide for policies and annuities by inputting the names of deceased family members and friends.

You'll first need a death certificate. You then put in some basic information.

The deceased Social Security number, full legal name, date of birth and date of death. If there's a match. The insurance company holding the policy will contact you within 90 days, provided you are a designated beneficiary or legal representative of the deceased in just five years.

The policy locator services processed over 200,000 claims and matched $1 billion in benefits to folks who should get them now. All insurance is regulated at the state level.

Several states have their own lost policy locator services so check directly with the deceased states insurance commissioner to see if that's the case, life insurance companies have access to databases that alert them when a policyholder dies. If you're a designated beneficiary of the policy, but they can't find you there required to turn those funds over to the unclaimed property office in the state where the deceased lived that office is generally located in the states Treasury Department, we can't list them all, but a quick online search may give you another way to search for lost insurance policies or other assets.

Now if you're a policyholder you can save your loved ones a lot of grief by taking some preventative steps, keep your beneficiary designations up to date and make sure the insurer has their latest contact information.

Let the beneficiaries know their names.

In your policy and give them contact info for your insurer and agent and always keep the latest copy of your policy with your estate papers, put it in a safe place and preferably a fireproof safe. Okay, now let's say there's unclaimed money out there with your name on it insurance benefits or otherwise, you may not even know about it. This could be almost any type of unclaimed funds like pension plans, 401(k)'s bank accounts, even IRS refunds and savings bonds. There might be uncashed checks, CDs, trust funds, utility deposits, stock and bond certificates, wages, and even the contents of safe deposit boxes.

There are two great resources for tracking down those assets. People move around a lot and it's possible to have assets in several states. So a good place to start is that missing money.com it's sponsored by the national Association of unclaimed property administrators and allows you to search more than one stated the time when there's a match in any state missing money.com gives you the information and links to official websites where you can file a claim. The catch is not every state participates in missing money.com. If you think you might have unclaimed funds in the state that stuck in her 90s.

While there is a sister site called unclaimed.org it will put you in touch with nonparticipating state unclaimed property offices and let me mention just one more resource. The federal government also has a tool for tracking down unclaimed money that Uncle Sam or anyone else might know you. This includes tax refunds benefits from VA life insurance policies, court settlements, bankruptcies in a more it will put a link to that site.

All the others we mentioned in today's show notes file you can check out our show notes when you visit our website moneywise live.org. Not only will you find broadcast archives. You can post a question in her moneywise community connect with a certified kingdom advisor and frankly resources again moneywise live.your calls or next.

800-525-7000 on Rob Gladstone will be right thanks for joining us today is moneywise live on Rob Webster host along with us today we take your calls and questions in just a moment. Here's the number 800-525-7000 got some lines open. The team is ready to receive you and will get you on the air quickly in line with the rest of the folks but we got some room for you right now 800-525-7000 before we take our first call today. Let me just remind you that the moneywise media is listener supported. That's right. We can only do what we do each day on the air and with their coaches in the Alpine on the web with her certified kingdom advisors. As a result of your generous support. So I would just as the prayerfully consider getting to support the ministry, whether it's one time or monthly. I would encourage you to make it beyond that which are giving systematically to your local church. But if you decide you'd like to partner with us. We would invite you to do that it moneywise live.org just click the donate button you can give quickly and securely, and we'll thank you in advance but said back to the phone. Sorry. Let's begin today with our phone calls 800-525-7000 villas in Syracuse, New York will bill how can I help you sir, thank you for my call on the background front question is should money to relative the money on cigarettes and lottery tickets even know that there will lend you money if you need be. Yeah, that's a tough one.

Bill and you know first of all, I appreciate your desire to be generous. Let me clarify couple things. So if you don't mind you asked about lending money so you talking about money that you expect to have repaid or are you actually giving them the gift. Well, it would be it would be lending money at that date to borrow money okay and have you done this before and wasn't repaid. Yes I have my money before and it was repaid okay all right well you know I think I made it to begin at the end of the day you need to use your discernment, you need to ask the Lord to give you some wisdom and discernment as you make those decisions you. There are times where I think the Holy Spirit prompts us to give and you know whether it's somebody that that we just encounter on the street toward somebody that is a need that's made known to us. We're not always going to know how those funds were used at some point we just want to give because it's just an act of generosity and it's an extension of God's love and we just need to trust that the outcome will be productive, but in other cases we have actual knowledge of what's going on with those funds. Whether it's a loan or a gift. And certainly we want to be careful not to fund bad behavior in the sense that if somebody and often with this happens with adult children or family members where they're making poor financial choices. They know you have means so they keep coming back and back and your assistance is actually leading them in in the direction of not resolving the issues that are leading to the poor choices in the first place because what they need to do is get on a spending plan and it will begin to cut out excess spending and rein in their spending. Not to mention the other lifestyle choices that are poor choices and costly at the same time. And you know you could be enabling them to continue that through your generosity and clearly that's not something you want to do at the same time their white might be times where God just prompt you to give lavishly and to do that. Just out of the goodness of your heart to help a family member but I think when possible bill. We want to be careful and we want to try to help in a way that's going to be productive. What I mean by that. Well, you know. Perhaps there is a need there that you could give directly to that need. You know so you want to help you provide assistance to get some debt paid off or you want to help them. You know what a down payment on a car or get into an apartment me these are things that can be done directly and you know that it's going to that number one.

The other thing you could do would be to make a condition in their best interest condition that your gift or your loan is predicated on them sitting down with 1/3 party like one of her moneywise coaches to go over their finances to work up a budget to be willing to address wasteful spending and as a result of completing that process, you'd be happy to make the gift. And that's not done to control the situation. It's really done and their best interest to say you know I want to help, but I also want to make sure that you're moving in a direction that is going to promote your financial well-being and really allow you to lean into correcting some of the things that got you into this place and as a result of that, I'd like to ask you to do this or that and it's not that you want to be involved in it.

Again, you could stay out of it but I think you always want to be thinking number one what is the Lord leaving me to do and do I have a piece about helping in this way and genuinely pray through that in the number two is there a way that I can do it. That's actually can help them move in the direction that God wants them to go according to biblical wisdom of managing money and I think that's where we might want to get creative in our giving in terms of the how but also in kind of the parameters around the gift or the loan because you have actual knowledge that you know there is wasteful spending going on and that it's more than just wasteful spending. It's actually leading to poor lifestyle choices so does that make sense and and does that give you any ideas yes sir.I'll I'll go to the Lord will everything I can and then I do give freely. I get really I get really people I don't even know about you, I just think that they can use it. I give it, and I don't care and I am not done it when I've known that that that that person. I could see that they were afflicted with some type of blood disease B alcoholism or drug abuse and and I could see that they were in need of money and I would just get out of here, here, here, just taken have that haven't have a blessed day.

Yes.

And who knows how the Lord will use that generosity right and even though you know there's probably clearly some underlying lifestyle choices that are poor, and leading them down a path. It's not taking them in the right direction. Who knows how the Lord might use your generosity to grab hold of their heart and just open their eyes to somebody who cares about them and perhaps that's going to lead then to somebody else you might share the gospel. You know, if that's not you. So I think there are times we just need to follow the prompting of the Lord, and their other times, especially with family members and friends will receive a pattern that we need to be careful and just be wise about how we help and do it in a way that's good to be productive and lead them in the right direction. I'm confident the Lord will help you discern the right approach for your friend and we appreciate your call today. Bill, thanks for your comments in question onto Reading, Pennsylvania, by the way would get some lines open 800-525-7000.

Hi June. How can I help hello hello thank you for taking my call and my question is in regards to Social Security. I had read a different time that security and to be bankrupt around 2032 or 30 whatever.

And so my question is how that that at the fact that Elizabeth, like myself, who rely on Social Security solely and I think I heard that it would be cut by 37% or whatever and to those who are already Social Security does that apply to tickets for those who are just starting the security does absolutely. And this is been in the news recently because the date the trust fund is projected to run dry was moved up by year from 2035 to 2034. As a result of covert ability correct something it's not.

It's actually a myth to say the so security is going bankrupt and won't be there for folks in a retiring.

At that time or who have already you know begin a begun collecting benefits because the trust fund is projected to run out in 2034. The program is a going way. The second part of your comment was correct. They would only be able if no changes are made. Social Security would be able to pay only's about 70% of the current benefits.

Now, no one wants to take a 30% reduction.

So what's gonna happen. Well, that's the worst case scenario, the benefits are reduced again. There's nobody talking about them being eliminated. But that's not likely to happen you know Congress is famous for delaying important decisions, but there will come a time very soon that lawmakers will have to address Social Security looming shortfall because they don't want to face the wrath of millions of Social Security recipients who vote and they will likely do a couple of things they will likely increase payroll taxes and they will likely extend the full retirement age at which somebody can begin to collect full benefits that will not obviously extending the full retirement age will affect those who have already begun collecting and as a result of that additional income through payroll taxes and pushing retirement age out, which means they don't have to pay as soon that will be temporary fix of the population changes are what's working against them right now and but you I think when our backs are against the wall. We tend to make the hard choices and I think will do that here so that June. I think you can be confident that this program is a going away.

Could there be a reduction yes but I think that's a worst case scenario. I think they will address it other ways. Does that make sense to you, though not completely reassuring, and even any gift, and it really affect your and they're well aware of that in the end they are going to take that into account, because again those seniors are voters as well. They don't want to have to face them, so I suspect the changes they make will allow them to preserve the full benefit.

Thanks for your call, that I will be back with much delighted to join us today for moneywise live wisdom for your financial decisions taking your calls and questions what is a think you're just was mentioning that the moneywise live is listener supported want to say thank you to Deborah who just made a gift online were grateful for that. Moneywise, live.org is where you can access all of our resources are articles from 14 different content providers or broadcast archives.

By the way, if you have a question, you can certainly call us here at 800-525-7000 but the other way to get answers to your questions from a biblical perspective is to post in our moneywise community. So when you head over to moneywise live.org, click the community button and you can post a where coaches would be delighted to weigh in on your questions. You can also share comments with other moneywise listeners right there in the community with love for you to check it out again moneywise live.org and you can check it out today. Back to the phones 800-525-7000 in just a moment will be in Chicago in Idaho, Brooks and Rogers, but first Gregson the Maslin Ohio WC RFI Greg I can help user hello 67 years old. I have a mortgage of $100,000, wondering what would you left do you get my position when he throw money at the principal or throw money into a secure safe to two and half percent on account yeah well I know what my dad would do know I'm just kidding happy to weigh in on that yesterday Mr. West yeah you mentioned the 2 1/2% guaranteed to counsel and are you looking at an insurance product. Greg is not true. The comments I'm not really sure, Sir. It's so after its premiere line also to give the name, 401(k), IRA rollovers and asset preservation. I don't know too much about like my uncle was in that he did very well. I know my parents are in it because they got his money in a windfall through doubt and now I'm in the same boat, wondering you know I am not sure which way to go without you knowing you well anytime I hear the word guarantee.

My antenna goes up, some just a little suspect about what this might be especially if this is in an annuity contract a little hesitant about you going in the summer there to guarantee you 2 1/2% because there's really not anything out there these days guaranteeing that level. But let's set that aside for second one is the interest rate on the mortgage.

2.875 okay and how much do you have remaining on that mortgage 100 K and talk to me about what you have in the way of investable assets, retirement accounts and nonretirement accounts. Probably I'd be willing to go 50,000 like UIC keep keep some money back for a rainy day type thing and I I've got got. Be safe going 50.

I believe I will look to know though what you have in total in investable asset. So let's start with retirement accounts.

Do you have a 401(k) or an IRA anything like that no threat had pension. One of the few countries left okay and are you collecting on that now you okay so the pension plan so security is covering your lifestyle yes or okay great, great. So you got that guaranteed income stream and then savings and other investable assets that are liquid right now not just what you're willing to put into the market or pay off the mortgage with, but the total that you have what you have is it 100, all in the maybe 61,000 okay 61,000 see you got the pension you got so security got 61,000 and that's pretty much it. In terms of the assets that you have their liquid.

Yes, you are and and then you got $100,000 mortgage. Now you're able to cover that mortgage every month with the pension and the Social Security if you were not to pay it off. That's correct.

Yes, I live all but yet on the middle of me all my requirements month to month. Yeah, I would probably not pay off the mortgage. If you were to say to me I can completely pay it off and free of that mortgage payment still have enough for my emergency fund not seriously consider because I love for you to be debt free, but taking the only liquid asset that you have the 61,000 and putting that against your home and still having another 50,000 that you owe. I'm hesitant because now so you don't have any margin and you can always pay that down so I'd be looking for something it's can give you a stable return, especially since you can cover the mortgage payment out of your current cash stable. I will talk a bit more of the air and more income just around the corner moneywise live hundred 55 thanks for tuning in to moneywise live west your hose.

Take calls and questions today slides open.

We love to hear from you what's on your mind today save more money. Perhaps you want to be more generous to know where that should come from in your spending plan. Maybe that spending plan is dripping you up in your old there's always more month than money.

We can talk about that or anything else that you have going on 800-525-7000. That's 800-525-7000 year we began on this program with the idea that God owns it all. That's the ultimate foundation for our money management because then every spending decision becomes a spiritual decision. Think about that if you're the manager or the money manager of the king's resources then you want to know what the owner has to say will that's why we go to his word and really uncover God's heart through the only the individual passages but the stories we read in really the understanding from Jesus himself about how we approach money in the fact that money can't be well, it can't take the place of God in our lives.

We can't allow it to occupy first position and he said you've got to choose and when he put two things next to each other God and something else.

It was money because some my experiences that money is the chief competitor to Lordship. We want to break that down in one of the key ways we do that is by holding it loosely living simply living with contentment. The apostle Paul talked about that quite a bit and living generously.

Well, let's try to do that together 800-525-7000 two Rogers, Arkansas hello Brooke, how can I help user. Like all. Right now I am I'm retired recently retired and I have approximately $450,000 in my 41 which I have not rolled over yet and my wife is very ill so I'm looking at the possibility of long-term care is there a way to protect my assets so I will be able to at least base my retirement years in relative comfort.

Yeah, couple questions. First, broken, I'm sorry to hear about your wife's health have you done a retirement budget and talk to me about how you're going to cover your expenses in retirement. Is it Social Security alone.

Are you going to draw an income from this roughly 450,000. What is your plan. Well I haven't made it yet. I've talked to several people.

One of them is that they have to commit to a five-year plan where it builds after the five years and 63 now and then that would give me an income of 40,000 year or life at at with that if you rolled his 401(k) into an annuity contract. Okay.

And so when I do have some assets I'm sorry going well would have an accumulation. And then you'd annuitize and it would throw off once you annuitize 40,000 a year and that's that's what you're saying right. During those five years are you going to continue to work well in all course about Social Security part and also they would take 80% of that so I would have roughly 90,002 live on as best I could tell that get in yeah interesting.

Well, I'd love for you to get a second or third opinion on that brother coming you know there's there's something to say about using insurance contracts and annuity to provide a guaranteed income source that makes up a shortfall in your budget and therefore gives you peace of mind to know that you know at least your bills are covered now that your current bills and you said you know with the wife was ill and perhaps needing long-term care. You may be right now in the home and know perhaps more advanced down the road that's obviously could be quite expensive and so I think having access to your capital is going to be important and the problem with an annuity as you tie up your money. And so, although you'd be exchanging it for an accumulation. Over time, and then ultimately an income stream for the rest of your life and you did mention survivors benefits but I want to make sure that if she outlives you.

There's something there for her.

There's something to be said about that but you know that's again tying up your funds in and you not having access to them where you might need to just based on her health and medical bills in the care that's going to need to be provided so I would be hesitant to just kinda rush into that and so what I would probably do Brooke's visit with a couple a certified kingdom advisors to get some other opinions about how this could be managed now into the future to protect it would be guaranteed. If it's not you know given to an insurance company, but but to protect it. With a focus on capital preservation, but then of also focus on income and then some amount of growth that would you know keep this outpacing inflation and get you the kind of income that you need on a monthly basis as soon as you need it so that approach would keep the money available to you if you were to need to draw from it at any point, especially for her care. So I would just recommend that you make that appointment and visit with a couple of professionals who could perhaps way and who don't have necessarily any incentive for you to know by this annuity because you know those are very lucrative in terms of commissions that they generate for the people that sell them inside. I'd love for you have some other folks to scan weighing in on the situation before you ultimately make your decision and you may decide that there's a great annuity product out there that you understand that gives you what you need and will give you the peace of mind to know that your expenses are going to be covered moving forward.

So head over to our website moneywise live.org and just click find a C can I interview a couple of them share with them what you've been exposed to through this other option and then make your best decision. From that point forward, we appreciate your call today to Margate, Florida Maria, how can I help you hello hi there, Karen had hi thank you for taking my call. I like that I own night like that and I need to thank Kelly and Lenny felt that night they and left another County felt like I now that I-that I can only I cannot like the guy, even one that condo now because it's too much money. So conventionally godly little mobile night like baking to my ear and I wonder if it were a statement made off now I just wait until I night and enrolled yeah well if you were to pay it off where those funds come from the savings or something else. Saving, but I only have like 8085#okay what I have. I know that I have an IRA that I 5000 just in cash like a savings account yet to take into account okay so you're not hurting a whole lot on that if you know if you're not going to invest that money and that's money that is ultimately can be put into this new property. I'd probably go ahead and pay it off at least a guaranteed return equal to the interest rate and then when you sell it you can get all that money back and you can move on and the property.

Also keep in mind that prices are skyhigh there in South Florida.

But you can get top dollar on the sale of your existing from just make sure you understand how much you can get out of your current place.

It could be applied to the new one that may allow you to do this moneywise I will be right moneywise live is biblical wisdom for your financial decisions.

Thank you for joining us Friday afternoon puts it right back to the phone. Michael is in quarterly. Michael?

How is working to break it right retire and wondered what kind of right now we have some property.

Not sure you know what it may be to liquidate some of that and move it into other areas, just real concerned about what's going on. Looks with our economy. Some of the children think that it appeared on the horizon. And even globally, and I want to get your your your sense of that and misdirection that you would feel yeah well you know as you approach retirement. Michael I think the first thing you need to do is really just asked the Lord what he has for you in the season and get a real clear picture of how you use your time what he's calling you to if he's redirecting you in the season. We have incredible experience and wisdom to offer in service to the Lord and develop a vision.

You and your wife about what you are to do together and what that season is going to look like and as a part of that money being a tool, how will money fund that vision and therefore what is your budget look like and go ahead and put that on paper, the income that you have in the expenses and you look at your various income sources, whether that Social Security or other sources, including these investable assets, whether there in investments like stocks and bonds or real estate and determine how much you're going to need to pull out of that, if anything, to be able to supplement other income sources to fund your retirement and as a part of that.

I think you want to look at what is the minimum we need to receive it by way of return to be able to cover that income so we can take as little risk as possible and I think you also need to consider in a just how much time it's going to take you for an active investment like real estate versus a passive investment like stocks and bonds where you could delegate to an advisor who's going to deploy an investment strategy consistent with your goals and objectives. Again, taking as little risk as possible in your situation to generate the income you need where you're not having to think about renting something out and keeping it occupied and maintaining at all those things but you know for some folks in retirement. They love that and have plenty of energy and time and I'm getting a good return on it and the diversification that comes with being not only in the stock and bond market but in the real estate market. You know I think is quite helpful. So I think that's kind of the next step. Whether you do that on your own, or you'd seek out a financial professional to kinda help you put that whole picture together to do a lot of discovery with you about where God is leading in and help you put all of these pieces and parts together financially to support that with regard to the economy. You know he wouldn't go back 100 years a look at every decade has its own problems and some of them were a big deal and you know we certainly have our share of issues going on today but I think the bottom line is this is the strongest economy in the world here in the United States. We do have some headwinds I think the markets can be and certainly not in my opinion, get to go straight up from here given the the run.

We've had over the last couple years and you know 10 years even before that.

Coming off of 2009, but I think there is a good base case that says if we can tackle some of these issues moving forward like national dad to and begin to make some hard choices down the road get what I can have a debt crisis or anything like that. I don't see any kind of house of cards with the economies coming crumbling down. I think you know we go toward what we feel like is the safest investment for God's money, and we do it in a prudent way.

That means we take a long view and were properly diversified and at the end of the day. If we follow biblical principles with what passes there are hands knowing that that's all we can control we trust the rest to the Lord and we don't stick it under a mattress and fear.

I think we make the best decisions we can and I think the best decision would be diversified conservative long-term in nature. Using stocks and bonds and perhaps real estate, depending upon how actively you want to be involved in that moving forward. But there's a lot to what I just said so give me your thoughts and if you have any specific follow-up questions without your help, from decades ago. Anyway Larry that wrote the book coming economic earthquake right that Kiki was looking at how the trajectory of our of our economic, governmental policies and seeing that really we were we were on the honor get in collision here somewhere in the future are cheaper.

EP solid I would come much know before now that I look at the UI look at this distance, exploding national debt that we cannot cannot sustain its borrowing them and in spending and printing of money. I look at the massive numbers of people coming into our country illegally that are going to be going on government entitlement programs that serve the growing medical crisis with with insurance cost and so forth. And then even globally, you know it where you are looking at what's coming out of the world economic forum great reset and so forth and brilliant but she is your race towards the torch of global government mindset now and I look at all of this and I state this unite some workers.

There is a crash coming at it, cannot just keep going.

I know historically. Traditionally, the stock market Bonsall courts have been the best place to be in the best but that that we try to project that into the future. In light of all the developments that we see unfolding. I'm real uneasy with that, and I know you you time to tell you much about the full faith and credit of our government and yet our government is bank will bankrupt Social Security and Medicare rapidly coming to a crisis financially and so I just don't know what this point really what was best direction to turn this part for the future financially and I think that's one of the challenges you know if you play that scenario out that it you know it's all gonna come crumbling down within where you put it. And you know if we go to that scenario, then I think were left with well should we just cannot buried in the backyard or put it under the mattress and and then what and you know what's left of our economy. You know to even do business and are we bartering in those kinds of things I think you know it.

At this point I think we have to look out and say yeah there's some clear challenges. We have down the road and you just look at the charts on what's happened with the national debt in the last even through four years and it just blows away anything prior to that. So yeah, it's good to come down to policy decisions. It's going to come down to the euro.

How we vote and who is making those decisions moving forward and whether were not were willing to address those those real issues and I think we will.

I don't think the other people that I trust that we have on this program regularly don't see a debt crisis on the horizon. But if we continue on this trajectory we could have one. And we know based on history you what that would look like and how we would work our way through that and it doesn't mean that we just put on rose-colored glasses and proceed. I think we have to take these issues seriously, but at the end of the day.

I think we have to trust the Lord and make the very best decisions that we can and you know, at least at this point, I would still put my money in the real sales and earnings of the companies in the United States and elsewhere in the world as the very best place to grow wealth until I see that you were on an unsustainable your footing that is going to lead to an imminent crisis and I just don't think we're there yet so you ultimately at the end of the day were each stewards of what God has entrusted to us and so we have to operate based on convictions that come from the Lord, and if the Lord leads you to make a decision regardless of what that is about to do something different than what you been doing to this point because of what you see coming that I think you need to follow that and I certainly wouldn't fault you for that. I just think that you what were seen today. I would wholeheartedly concur is problematic and it's unsustainable over the long haul and some changes need to be made.

We will see how we will respond as a nation, but right now I think you have given where interest rates are we can handle the debt that we have and I think you know the economy is still very strong. The consumer is still very strong. That would be the place that I would be putting my money. At least you know for the next decade. But if things change then we adjust and I think we may have to do that from time to time. But, Lord willing, we won't have to.

But we certainly need to proceed with their eyes wide open so I appreciate your honesty and transparency and for raising the question today and will continue to invite these hard conversations moving forward and invite people who can speak to them from both sides from a biblical standpoint because at the end of the day what we know is that when we violate biblical principles individually. There are consequences and we do it we do it as a nation. There are consequences, and we've certainly violated many of those principles and we will see, what the implications are that and we should always weigh any decisions that were making her think against Scripture as a starting point. So Michael appreciate your call today. I'd love for you to weigh in from time to time. Let us know what you decide. Moving forward, and will certainly continue to discuss it mental impressions or know folks. These are the hard questions we have to tackle because of working to manage God's money will gotta be responsible stewards ultimately working to stand and give an account to what we've done with what we've been entrusted so that means we need to seek the father's wisdom, not mine is certainly not anyone else's, but the Lords and that's why we go back to his word evaluate what's going on around assuming that the best and will certainly try to do that each day he was loves a partnership between doing radio and moneywise media say thank you.

Great seeing Amy Rios, Stan Anderson as well. Thank you for being here will come back and do it all again on