Chuck Bentley

Chuck Bentley

CP Guest Contributor

Chuck Bentley is CEO of Crown Financial Ministries, a global Christian ministry, founded by the late Larry Burkett. He is the host of a daily radio broadcast, My MoneyLife, featured on more than 1,000 Christian Music and Talk stations in the U.S., and author of his most recent book, Seven Gray Swans: Trends that Threaten Our Financial Future. Be sure to follow Crown on Facebook.

Latest

  • Ask Chuck: Become a long-term investor

    Ask Chuck: Become a long-term investor

    My wife and I have lived frugally from the day we married. As a result, we have no debt, except for low monthly house payments. Could you give me some advice on proper goals for our long-term investing?

  • Ask Chuck: Is your car driving you to the poor house?

    Ask Chuck: Is your car driving you to the poor house?

    I’m in a pickle. My wife and I both drive very nice cars. The problem is that I’ve fallen behind on payments, and my wife doesn’t know it. Should I sell the car?

  • Ask Chuck: Is it wise to get a second mortgage?

    Ask Chuck: Is it wise to get a second mortgage?

    We want to renovate our home by using some of the equity we’ve accumulated. Our home is in a highly desirable area and has tripled in value. We have several years left on our current mortgage. How can we be good stewards of this renovation?

  • Ask Chuck: Transitioning out of a miserable job

    Ask Chuck: Transitioning out of a miserable job

    My wife is miserable with her job, but unfortunately, her income is needed at this time to pay off a lot of debt. We need some guidance for a career transition, as her nerves are frayed every day.

  • Ask Chuck: Freedom from financial fears

    Ask Chuck: Freedom from financial fears

    I have the opportunity to buy a home from an older couple who needs to move to a retirement/assisted living situation. It’s a great house — one we can easily afford. The problem is that our home was foreclosed on in 2008 due to the Great Financial Crisis. Although we have recovered financially, I am occasionally plagued with fears of making another mistake. It was a major strain on my marriage … Should I go ahead and buy it?

  • Beware of buy now, pay later debt

    Beware of buy now, pay later debt

    I heard “buy now, pay later” data will soon be reported to credit bureaus. I hope this is true! My daughter got into financial trouble during her first year out of college by getting sucked into these easy payment plans. How do I help her and her friends open their eyes to the dangers of this type of debt?

  • Ask Chuck: Our family is divided about kids’ baseball travel team

    Ask Chuck: Our family is divided about kids’ baseball travel team

    Our 11-year-old son was invited to try out for a competitive baseball travel team. We have three children, and I’m not convinced it’s the best use of our time and money. My husband and I are divided over the decision. Where do you fall on the issue?

  • Ask Chuck: Struggling to pay for senior care

    Ask Chuck: Struggling to pay for senior care

    My husband has Alzheimer’s. Should I use my retirement to fund his care? It will go quickly due to his medical bills, and I won’t be able to leave my daughters anything. An alternative is to have him go on Medicaid should I pass away first.

  • Ask Chuck: Vacation clubs, timeshares, or none of the above?

    Ask Chuck: Vacation clubs, timeshares, or none of the above?

    We’re a large family who vacations ten nights per year over spring break and summer. In your opinion, is a vacation club (like Marriott) a good purchase, or should we look at purchasing a timeshare resale?

  • Ask Chuck: The Bible addresses the ‘fake it till you make it’ lifestyle

    Ask Chuck: The Bible addresses the ‘fake it till you make it’ lifestyle

    Someone I care about routinely overspends with the justification it will help “grow his business.” The effort to give an impression of success is causing him significant financial stress: a new car, a Swiss watch, expensive clothes, etc. How would you address the situation?