Student Loan Relief?

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 the direct lender advantage@unitedfaithmortgage.com thanks to you and to United faith mortgage for supporting beauty radio United faith mortgage is a DBA of United mortgage Corp. 25 Belleville Park Rd., Melville, NY license mortgage banker 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. If you've been struggling to qualify for federal student loan forgiveness. You're certainly not alone, but relief could be just around the corner. Rob West, the Department of Education says it's launching a major overhaul of the public service loan forgiveness program which critics think is too complicated. All of the details for you first today and then will take your questions at 800-525-7000: 24 seven, 800-525-7000 is moneywise live or financial Graham would mostly affect about 1/2 million borrowers who are working in jobs with government or nonprofit organizations. Also, more than 20,000 borrowers will automatically be eligible for loan forgiveness, with no additional paperwork.

If you're not familiar with the public service loan forgiveness program to forgive student loan debt for individuals who've worked in the public sector and faithfully made their loan payments for 10 years, thousands of borrowers have complained that the application process is difficult to understand and is led to costly and time-consuming errors for applicants. Some applicants say they worked in lower paying public sector jobs for 10 years only to be told they were ineligible for forgiveness and in a startling confession.

The education department admitted that only about 5000 people have had their student loan debt forgiven in the 15 years of the program's existence. In addition to confusion over eligibility requirements. Applicants say there are major communication problems between the education department. The private companies contracted to service student loans, and borrowers. The education department says it will review all existing procedures to find ways to streamline the application process and improve communication for all parties. Other changes on the horizon are aimed at giving more access to the public service forgiveness program to military servicemembers and federal employees. The education department will automatically give federal employees and service members credit for the program that can be done rather easily by matching data from other federal agencies. You wonder why that wasn't done before another benefit for members of the military, their time on active duty will count towards the program, even if loans were in deferment or forbearance beyond all of those promised changes the education department says it will launch an outreach campaign to alert borrowers about changes in the application process and more planned improvements, if you're wondering why all of this is happening.

Well the White House is been under growing pressure from many who feel the program is rife with red tape. Some 200 organizations and teachers unions have demanded the administration take steps to cancel debt for borrowers who play by the rules and worked in the public sector for a decade or more.

In response, the administration so far has extended deferment on federal student loan payments until January 31 due to coded that is actually been a huge help for borrowers who applied for loan forgiveness if they are still working full-time for qualified employers. They continue to receive credit toward the 10 years of required payments even though they're not making them now some of you are probably thinking great but what if you don't want to work in the public sector.

What should I do. Well, two things are obvious.

First, save as much as you can for college. We recommend using a tax-advantaged 529 plan second borrow as little as you can.

The third thing that was less obvious before you borrow a penny for college make a firm commitment that you will graduate no matter what. The last thing you want is to be stuck in a lower paying job with student loan debt to repay now. You've already decided that you don't want to work in the public sector to qualify for loan forgiveness that you want to follow your heart into some other career field that's great, but at the same time you have to temper that desire with reality. Some jobs pay much better than others. You need to think of college as an investment and try to find the sweet spot between following your dreams and selecting a major that gives you skills employers want our recent study showed that candidates completing a liberal arts doctorate have around 200,000 in student loan debt with an average starting salary of only 40,000 and MD usually involves a similar amount of borrowing with an average starting salary of 100,000. Now those are extreme examples, but the general rule holds true, the less your desired job pays the less you can afford to borrow. Proverbs 22 seven warns the borrower is slave to the lender by saving keeping that to a minimum in choosing a field of interest that still pays well. You won't have to rely on forgiveness programs are here because her next years. The number 800-525-7000.

This is moneywise live wisdom for your financial journey will be right back.

Back to moneywise live as your financial decisions were glad to have you along with us today. I'm Rob West, your host will be taking your calls and questions in just a moment. Here's the number 800-525-7000 got some lines open.

Would love to hear from you today with whatever's on your mind, financially speaking again 800-525-7000. But before we do, would look for you to visit our website when you have the opportunity.

It's moneywise live.org and there's a couple ways you can engage with us you once you create your free moneywise account on our website, you can jump into the moneywise community which is where you can post questions and we got over a thousand posts in the moneywise community. Each of them answered or responded to by one of our trained moneywise coaches it's a great way for you to ask a question that you been thinking about perhaps you've not been able to get on the air or you don't want to be but you'd be happy to post in our community. Our coaches would be delighted to weigh in and others in the moneywise community as well can add to the conversation and were fostering an environment that's encouraging and hopeful.

And obviously focused on biblical financial wisdom.

So a creature freak out moneywise live.org and then jump into the community, click discussions and you can join the conversation by let's add to the phones today. Again, we've got some lines open as we get started here 800-525-7000 is a number to call will begin in Seattle, Washington hi Marsha, how can I assist you in silver bars that are about 3 inches long and the learning date and I'm wondering if I should just keep out and hold onto my children, or if I should tell them yes talk to me about these silver bars versus other investments that you have the have your retirement plans that your funding you have stock and bond investments. What else do you have got far when I'm about 50,000. And I've got Scott about 300,000 and I've got hundred and 60,000 in my checking and savings account okay very good. And these silver okay go held that question I want to take out 60,000 pay off my daughter's house. So where should I take that from the time I'm I hope that's okay to question absolutely happy to do it. You know, as we think about the precious metals you know I would typically say you should think about having no more than 5% of your portfolio in precious metals. It's a store of value.

It's a hedge against a falling dollar and the glut of fear and uncertainty in the marketplace we were to get into your challenging times ahead. With that said, it brings its other complexities you know when you own or take physical possession of the precious metals you have to secure it, which means probably of safe in your home. You have to know. Think about the illiquidity of it. Meaning if you want to sell it, you've gotta find a dealer and look for the very best place to sell it to a reputable person is can give you a fair price without a premium.

That's out of the ordinary for the sale itself and I think for that reason and just the of the long-term performance coupled with the volatility of the precious metals. I'd rather you see, unless there's some other reason you're keeping it than just purely the investment merits.

I'd probably's rather see you go ahead and take your time, but find a reputable dealer to sell this and convert that to cash so that it can be applied to your other priorities, goals and objectives. The others could be just cons of online merchants buying and selling gold and silver and I would you look for in and spend a good bit of time in the reviews defined in our reputable dealer right now. Silver silver is selling for about $24 an ounce of fairly steady over the last year somewhere between 28 and on the high side and 22 on the low side, but I think just don't get a lesser sum of the reason you're holding onto it. I don't see a reason to hang on to this in the form of physical silver as to where to pull the cash. Are you still working more sure you fully retired retired okay and talk to me about your income sources are you living off of just Social Security are you pulling something supplemental from these retirement accounts. Now I've got about 72,000 okay and what sources may spouses retirement in my retirement and Social Security okay very good and so the the investment assets. The retirement accounts that are in stocks and bonds. That's just continuing to grow, or as part of your retirement income coming up from that accounts each from those accounts each month to grow. Okay, very good, and if you think about what you spend on a monthly basis. What would you estimate that to be probably 3000 okay so you said you have well over 100,000 in cash was that right okay and you know I would think in this season of life. You know, having a years worth of expenses in a liquid savings account makes some sense. But that's only 36,000 so I think as you think about the best way to perhaps satisfy this debt. I think you could just take that right from your cash in that way you're not generating any taxable income.

As a result of withdrawal from a retirement account you're not having to sell any of those investments unless your investment professional thinks you should do so and because you have essentially over accumulated and that cash reserve. I think that's perhaps the very best place for you to go and pull the 60,000 settle or pay off that mortgage in full and you still have plenty of reserves to fall back on and then I think at that point you take your time and looking for a reputable dealer that gets really good high marks. With regard to the sale of the silver, and perhaps get you moving to the right direction.

Okay, thank you so much so much out. Well I'm happy to do it. Thank you for listening and calling today. May the Lord bless you. But sit next to Davenport, Florida hi Aaron, thanks for your patience. I can help you take Michael sure though. I wish I had the problem about being out to my million dollars in retirement, but that it is yummy. I just recently purchased about five months ago and purchased for the great 304,990 out $305,000 and the price is going up now complete.

Only a moment for $301,000 in it because the great going up, and let's wondering if that would qualify me to keep my private mortgages are, but they do it, but by percent of the yeah do you happen to know if it's an FHA or conventional loan agreements. I got it I can get a very good rate of 2.5 or 30 excellence and what did you say you believe the market value to be of the home right now. What the company could be importantly, I purchased bring them back in 9305 and on their website now at one of the faint property okay. Have you looked at any close sales though because is one thing for them to ask that really what you need to base this on is the appraised value of the home based on close sales of similar properties. Have you seen any of those I have not any of the clues I only currently reported getting ungrateful and not wait if it does turn out that the right and going out up enough to let me meet are only less than 80% because of it going up so much that qualify me to cancel out absolutely yeah so you can request once the mortgages spend the mortgage value is 80% of the appraised value.

You can ask them to cancel it now. Typically they're looking at the original appraised value, not necessarily the increase but you still can make that request and they are depending on who your lender isn't what their policies are they may feel cancel that it's not can it be an automatic now when you pay it down to 80% based on the original appraised value. You know, that's when it's theirs and it's a no-brainer, and in fact when it gets to 78%, you will know they have to eliminate it altogether.

But you know I it's worth a call.

I certainly wouldn't spend the money on an appraisal until you talk to them and clarify, their procedures because again, typically they're looking at original appraised value, but it's worth a phone call, you know, a lot of folks have experienced a lot of rise in equity and the certainly as soon as you can rid of that you want to stay with us will be right back after this joining us on moneywise my wisdom financial decisions is a program where we recognize that God owns it all and were stewards were caretakers of the Masters resources we want to be found in that the good news is the Bible is chock full of wisdom that we can apply to today's financial decision so we can move forward with confidence live with contentment and peace of mind and hold God's resources loosely so we can give generously will help you apply those principles to whatever's going on in your life today financially would love to hear from you phone lines are open at 800-525-7000 give us a call right now with your question. Let's head next to Cleveland, Ohio hi Bob, how can I help you sir. Hello, thank you very much for my call. Okay, I just retired here in March 1 and my 401(k) was rollover into the IRA and I have about $465,000 in it that help supplement our income and I have a song that I'm going to.

I have set up a trust for, and we like to have that money continue supplementing our fun but our main concern is for our son.

And I was wondering if this would be a good idea. Worried about the stock market, whether skeletal fall, putting it into a fixed index annuity. The suit uses the balance on that is a little over 400,000 is a right 465,000 and IRA. Okay, how much are you pulling out of that. Well, we haven't last year or this year I received 18,000 okay very good and is that what's needed to supplement your income to cover your expenses.

Well, no, not really.

I don't really have any expenses.

Everything is paid off, but it brings our annual income up to about 95,008 when you had the 18 to it.

The total price, but how much do you need to fund your lifestyle every year. Well, probably 75 to 80.

Okay, so theoretically, you could leave this here. Do you have a required minimum distribution on this server. Are you not yet 7272 that the $18 minimum required amount.

Okay, got it right and so you're concerned about the market, you know, I guess the only thing I would say is you note, given that you don't need this money apart from preserving it and then growing it modestly, and having it available for you know in an inheritance or to give or both have the benefit of keeping it invested is you have access to the balance you know you can get to the full amount if you needed to use some of it for long-term care costs or medical expenses. Things like that you have the benefit of the annuity of courses you could lock in a guaranteed rate of return, but you give up access to the principal without surrender charges, and they tend to be expensive and complicated. Now if you enjoy the peace of mind that comes from knowing that you're no longer taking any risk in your transferring that risk to an insurance company.

Well, that's where these products can be effective, but the reason they're not my first choice is because of the reasons I mentioned, you're gonna lose access to the to the money in full and they tend to be somewhat expensive and complicated and even though you are going to get that guaranteed rate of return and I think you perhaps could do better on a conservative basis in in the market. I think the key would be do you have an investment professional that you can delegate this to where you can build in an investment strategy that you're comfortable with. So whatever portion was at the risk let's say you have no equity stocks you know if the market were down for an extended period of time would say we got into a recession. A year or two down the road you wouldn't touch that portion you let it ride it out until the market recovered which at least historically speaking over the last hundred years. It always has.

And I certainly would expect that to be the case in the future but did you know you'd have to have that more stable portion to offset that.

So you didn't have to touch it. So as you take your required minimum. For instance, each year, you wouldn't pull it from stocks that had lost value temporarily and wait for those to recover up so that would be my first choice but I do recognize that there is some risk with that and you every month or every quarter. When you open the statement if we got into a difficult market.

You'd have to be comfortable that your portfolio could be down for a period of time.

But remember, those are unrealized losses until something's actually sold. So I guess it at the end of the day it would come down to how much do you really place on. In terms of the importance of having this guaranteed rate of return and transferring the risk away from yourself to an insurance company and how does that fit into this okay well I can understand what you're saying. Any other good news here Bob is in be one thing if you said we have a shortfall every month and you know we can't pay her bills unless we have no 18,000 a year $1500 a month. But you're not send your say listen.

Our bills are covered in the whirly taken us out because we have to, because the government says we have to meet this requirement. Minimum.

That's good news because that means you can be as conservative as you want to be not taking any unnecessary risk, and yet perhaps having a strategy that would outpace the growth of a fixed income product and yet still keep access to your money so if you don't have an advisor, I go to our website moneywise live.org click find a CK interview two or three advisor see if you can get comfortable with one of them. If not, you can always use a fixed statement this morning, this moneywise live on west coast coming up on tomorrow's broadcast will in three Social Security tips. That's a lot of folks wanting to know maximize my Social Security going to earn down the road. Well, I'll share three ideas that hopefully will help you do just that. That's tomorrow on moneywise live and head back to the phone here in just a moment to take your calls and questions 800-525-7000 800-525-7000 numbers on your mind today we'd love to hear from you. Get in on the conversation and will see if we can give you some assistance but said data back to the phone, St. Joseph, Missouri hi Mike, how can I help you is car market is totally crazy about you know we got at 09 key got 240,000 miles on it and I bent try to keep it running and it ran dependable but you know what get to the point wanted us to keep more money but more money at doing and just keep trying to down the road until Martinique is car prices stabilize a lot yeah yeah well, what if you spent if you look back over the last 12 months. So much of you spent on repairs taught about $400, but that's just out of my pocket because I do all the work myself. Okay, very good one. That sounds reasonable to me that the typical rule of thumb is if if the repairs are approaching 50% of the cars value, then we absolutely need to start thinking about selling. But you're probably not even anywhere close to that and I think given your skill set and awaiting this out might be in your best interest.

Cars.com says 13 just looked at this recently used car prices are still going up.

But here's the good news.

The rate of climbing has started to taper off. You were talking right now mean listing prices back in August 2020 4000 that was up 35% from last year so I think if you can wait a few months longer. You may be able to get a better deal because here's what's gonna happen. The supply chain will start producing more new cars it's been largely because of the ship chip shortage that new cars have been constrained. As soon as we start Seymour's in the supply chain on new vehicles that's gonna lower the demand for late-model used cars which is going to help the used car market to think soften a bit so I believe you right now. Your best option would be to go ahead and and wait this out. Continue to repair that that car as needed, which is never a bad idea, especially if you can do it is reasonably ill is you're able to do it. Given that you're doing most of the repairs yourself, so I'd say I sit this one out. Let's see if perhaps maybe early next year. You can take another look at this thing perhaps. So what you've got. And maybe you get a better deal and some used cars. We appreciate your call today 800 525 7000s number to call to get in on the conversation.

Let's head next to well again. Spokane, Washington, Mia, how can I assist you in my call time looking at turning my back out with an online company and I'm glad you think would be a good financial position could be in before starting a business, or if there is the ideal could be out before you take on that venture sure me are you going to be able to continue to work in your paid job income to do this on the side or is this something where you have to quit there for you losing some income and you gotta go all in know I am I that would be that would be available right to maintain a certain amount of income I get yeah I just wouldn't have a time to get that and that the business necessarily. If I were to eat. I have to work more essentially, and maybe would take time from working on the business that they kind at Bally's and you said you had some experience in this. You've done this exact same thing previously. Is that right I get it for about 919 2020 okay. And did you stop because of cold it or something else and not the kind of an online company and on my account actually ended up getting deleted and no it was. It it it it ended up basically taking away my marketing. I went bending it for marketing. I just had a good online presence and still is able to get pull from what I had Artie felt, and though going back into the business. I have to get back here and get building from scratch, I wouldn't just be able to have a business put it out there and then I think they did get customers before little bit different and how successful were you really able to build it up to a point where you are generating some meaningful income, I'm about 2500 a month and now in doubt was just with client and then I cried like an online book that I was selling. And just like that kind of incentive or you know, kind of free product to get client and about 2500 which kind started occurring within like the first 3 to 4 months of being open are expecting client so it wasn't that whole not regarding what about your financial condition at this point. Did you have any consumer debt much savings if you built up to me just quickly the land though right now and the only debt that I have a about $4500 for a car loan, but other than not. My monthly bill are about 7 to 809 my monthly income while I'm I am working two jobs right now and I need to be laid off of one of them in December. My monthly income is about a thousand thing though little bit extra but not a lot. And then it started dating though I haven't been able to build up that much because I've been kind of living within my means, but not as much as I would like you sure shirts that I think from that standpoint and that's that's the biggest challenge you.

Note that you obviously there's a significant risk in starting a new business. Good news is, this is not something brand-new you get a been down this road before and you know what it's going to take to make this happen when the key is you want to go into this with a real solid business plan not just an idea what is going to take to run this business and what is the marketing costs and obviously you don't have a lot of overhead being an online business. But what is it gonna take to generate that the leads in the conversions that you need to build up the the ongoing recurring revenue. Understanding your competition, but then also yelled knowing that you've got the underneath you the financial security in the reserves, the savings to be able to give yourself the time that's appropriate to build it up and fortunately even though you're living very modestly and don't require a whole lot you don't have that savings so I think at this point, you know, your best option would be to continue to work even though it's going to take in these early days. Perhaps you working a bit more than you would prefer to so you've got that base of income you don't put yourself in any risk of not being able to cover your bills and then just slowly start building your online presence. I realize you'd rather put a little more time into that side of the business, but this might be that interim season if you said no. I got here for the savings that's a great goal only been down this road before. Put all the time and energy into building it up as quickly as you can without that, I think you have to kind of work on a hybrid situation in the Lord blesses that you start to build the business well good news is that I can think of whole lot of recurring revenue solicit all the best to you. Make sure you make it a matter of prayer and commit everything 800-525-7000 greatly enjoy this today and moneywise live last.

This is a list of your financial decision just about back to the phone first. It's Monday, Bob Dole joins us each Monday with his market commentary Bob is chief investment officer cross mark global investments where investments and values intersect. You can learn more across market. Global.com and Bob well for for all intensive purposes that 2021 has been a good year resident. There is no question we have that setback a few weeks ago in the markets to come roaring back and I think the reason is third-quarter earnings. Robert coming through as good as can be expected in light of some of the issues that quantify so far earnings are exceeding expectations in the quarter by 10%. That's below the 16% of Q2 and 22% of Q1 but still nicely above the long-term average is 6 to 8%. Depending on your time frame is all happening despite companies dealing with supply chain disruptions input price pressures and labor shortages and the reason the earnings are so good in light of that is because they're raising prices and I'm sure your listeners will say amen to that is like if they go shopping everything is up in price. Well that's exactly right and were seeing that just all over this economy you mentioned supply chain. Any good news to report there. You think that that's good to be short-lived. I don't really short-lived but.I think will soon start seeing light at the end of some tunnels. Remember Rob the Fed's been saying inflations transitory no risk is going to pass the word persistent crypt into that Fed language recently so I think they're saying the supply disruptions were hoping to solve them. But no time real soon. Should investors prepare Bob over the next 12 months for increased volatility in your you I think so. I remarked my view is while stocks will still outperform bonds and likely be higher. The games are going to be far more more puny than they've been in the last 12 months and it's going to come with increased volatility both up and down so you know, buckle your seatbelt another notch or two. But don't give up this case because that's a key as you say, you're still expecting stocks to outpace bonds and that means for long-term money, especially where the purchasing power of our dollars on the sideline is eroding ever so quickly. With inflation we still want to be long-term investors, but with a prudent investment strategy consistent with our goals right at well said, and on the inflation word inflations. Not particularly good for the bond market but it's more mixed and can be positive at time for stocks is another reason with inflation improving our going up. I should say stocks to be bonds. Finally, today I know you're excited about the integration of faith and finance. It's what you have the opportunity to do each day as you manage mutual funds that really are faith-based at their core for investors who are just learning about the opportunity to have their values respond reflected in their investments. What might you say about this growing space of the investment landscape is growing and let the excitement I think of those who are relatively new were just starting to think about it they have to say.

What are my values and do I live all of life with my values. Most people attempt to do that. They often reflected in where they give their money. Often we don't find investors think about all investing my money should pertain to my values, it will line up all aspects of your life, including investments with your values. I love the Bible talk to you next week. All best, I bless you Bob Dole's chief investment officer cross mark global investment you can learn more across mark global.com let's head back to the phones where Maria is holding in Youngstown, Ohio hi there my call sign out for a while now about better in student loan forgiveness physically ratifying that portion of the public servant on information and additionally that separate the money that is given to veterans G.I. Bill for serving and laughing. Are there any other organizations or people that you know that help veteran that called.

Even the national veteran affairs and and that hasn't been okay well here's what I can tell you first of all thank you for your service Maria were grateful.

I think you okay sent along to him, and it's a the leg work on this and that's great student aid.gov is kind of de-source for the PSL after public service loan forgiveness.

Unfortunately, there's not gonna be a lot of information there.

Because a lot of what were seeing related to this program in particular is currently in flux. Given that the Biden administration is trying to correct many of the problem areas of this program that really has prevented so many people from getting the globe. We said earlier, the broadcast, only 5000 people have even taken advantage of this because it's just been so difficult to meet all the requirements of this program is been fraught with problems that are trying to make it more flexible and more available to more people, but student a.gov is the site you know the current G.I. bill includes, as you probably know payment for tuition, fees, housing, textbook and supplies but it's a payment to qualifying students. Where is this program forgives dad's that students have already incurred and the military service counts toward the time needed to qualify and that's one of the things were seeing very quickly or very clearly I should say in the changes that they're looking to make is that that military service counts towards those 120 monthly qualifying payments, which is essentially 10 years of on-time payments.

So that's the good news and I think that the greater flexibility of who meets that requirement and then can you know take on this loan forgiveness is the key, but it wouldn't have anything to do with your G.I. bill because again that's gonna be a payment. Where is this is going to be on the balance that remains. I think the key is just that you stay up-to-date with the changes as they're coming down the pike and be ready to apply in a when he reaches that point. Does that make sense help that you mentioned that I would yeah I don't know of any, but I will tell you there trying to make it such that a lot of the problem areas will be resolved and folks will be able to not only get the information they need as to whether there qualify, but apply for the the for forgiveness directly with the the Department of Education that the author student aid.gov so hopefully these changes will really help you all, and many many others who struggle to get information and be ready to take advantage of it when the time comes. So just stay tuned.

Watch the news because there's a lot of articles coming out right now.

Even just in the last couple of days because a lot of these changes are currently taking place, and so check back often. Testing may.gov and hopefully you guys can get that wiped out and we appreciate again your husband service very much.

Let's head to Chicago, Illinois hi Ruth, how can I help you.

What is America American American funds that have occurred or accrued capital gains over the years and and VM my financial advisor or the guided know does that stuff got them from you. You know is you might want to look at colonies with the update. What he sees in them market coming up now like back in 2008 that I could be a lot like 30%. He kinda thinks that eventually were going to start going down instead of scraping up like we have a last several years and he says so I don't get rid of some of those and he's suggesting I move it into a different type of bond, but in order to do that is I have to take a look on that for now, which is the trigger capital date and I'm in a position that I can just gift that to a charity.

So like, how do I do that yeah well the easiest way to do it and by the way, let me just affirm this idea because if you can give it away and avoid that capital gains bless the charity and benefit yourself from a tax standpoint, that's absolutely a very effective way to go you so often we think about giving and we limit that just to cash when we should be thinking about our balance sheet assets, which is where the 90% of our wealth is I would contact my friends at the National Christian foundation that in CF giving.com in CF giving.com through a donor advised fund which is like a charitable checking account that you can open in minutes you could make a gift of that by just simply transferring that stock or shares of stock or mutual fund directly into your donor advised fund of the National Christian foundation. It would then be sold and converted to cash and then you could gift it out to any qualified charity or ministry literally with the click of a button you could do it anonymously or in your name and it just makes it really simple to do so. They call them giving funds set in CF and if you go to NCF giving.com Ruth will be able to help you with all the information you need to get that fund open and then you can get the shares journaled over and move forward from there. So we appreciate your call today quickly to Florida.

Eric has been holding Eric, I have just a few seconds left help user to find out what to me :-) let me know a new job part time.

I didn't want to know everything that I've been hearing about late banks clothing and that whatever good bank beginners to start in to begin with saving and also have some future business plans as well. I see yeah I would look for feeling online bank to get started because that's can keep these really low. I go to nerves wallet.com and thankfully.com nerves wallet and bank rate, they're constantly rating the banks and could tell you which ones will be the best for you.

Given what you're looking for what your balance would be in the features you're looking for.

I think that will get you pointed in the right direction.

Eric call today to say thank you, Melody, Dan and Jim, thank you for being here moneywise. Life is a partnership between radio moneywise media come back and join us tomorrow