Answers To Tough Financial Questions With Howard Dayton

Calling Christian Financial Counselors and Coaches

• Sign up for Crafting a Great Discovery Session (A 20-Minute Webinar for Christian Financial Counselors and Coaches) hosted by Dr. Art Rainer, Director of the Institute for Christian Financial Health and founder of Christian Money Solutions

• If you wound up buying a time share when you went to Florida in August of last year, how can you get out of it?
• If you're 64, living on a fixed income and you have about $5-7,000 of credit card debt you want to get paid, should you take out another loan to do so? Christian Credit Counselors
• Will it hurt your credit score if you close a credit card you opened last year and didn't use?
• If you're 60 and the HR people at work advised you to start a Roth that needed to be open for 5 years before you contributed to it, why did they ask you to do that?
• If you're selling a farm privately that you were renting, what tasks regarding reporting taxes should you be aware of as you do this?
• If you have a 403(b) and the balance went from $52,000 on the statement from the last quarter of 2022 to a balance of $39,000 in January 2023, should you continue your systematic contribution and what should you do to keep these losses at a minimum? Open an I-Bond
• If you have money in brick-n-mortar right now but are considering changing that, what online banks are available for better earning for checking and savings. bankrate.com, nerdwallet.com for best rates. High yield, online savings - Ally, Marcus and Capital One 360
• If your husband passed away and you have his 401(k) rolled into an Inherited IRA now and Fidelity told you that you could not withdraw until funds from it until you're age 67, is this true?
• If you're about to pay off a car loan leaving you with $800 per month extra which will leave you with a $125,000 balance on your mortgage as your only debt and you already have an emergency fund set up, should you start paying off your house early?