Should I Worry About Fed Rate Increases?

The fed funds rate. You hear a lot about it these days. A listener wants to know how a rate increase will impact him and everyone else.

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Here are the questions we answer:

  1. I just read that the Feds are hiking the interest rate and will probably do it again in December. How does this effect the regular Joe?
  2. What is your recommended strategy for paying off credit cards?
  3. Should I stop giving to my church to pay off my debt?

And here is this episode’s Money Challenge:

Read the story of the widow gift. This is found in Luke 21:1-4. Consider how, in God’s economy, amount sacrificed always supersedes amount given.

In Your 30s and Haven’t Started Saving for Retirement? Do this.


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