Gift Giving Ideas With Steve Moore
FaithFi | Dec 11, 2021
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Show Notes
With supply chain issues still weighing on the retail sector, stores will again have challenges keeping their shelves stocked. But former MoneyWise co-host Steve Moore has been checking his list, and he joins Rob West today with some gift giving ideas for the Christmas season.
- SHOPPING CHALLENGES
- The holiday shopping season is expected to be more frantic this year than in 2020. Christmas sales are expected to grow at least 7% compared with last year. And due to worker and supply shortages, not just here but around the world, retailers will have a difficult time getting items to store shelves. Online retailers will also find it more challenging to get items to consumers’ homes.
- Bottom line: You should expect fewer discounts, fewer choices, and longer shipping times.
- Given all of the complications in the marketplace this year, you’ll want to jump on those wish lists right away. Don’t wait!
- GIFT GIVING IDEAS
- Consider ministries that have gift catalogues on their websites:
- Also consider giving your kids or grandkids a cash gift with the stipulation that they have to give it away and tell you what they did with it. That can create some wonderful conversations within your family.
On today’s program, Rob also answers listener questions:
- As you approach retirement, is it time to consider pulling your money out of the stock market?
- Is critical illness insurance a prudent product to buy?
- What is the best way to save or invest an insurance settlement if you already have an emergency fund in place?
- Do you need to allocate a certain amount of your paycheck to a traditional IRA in order to receive an employer match?
- What is the best way to accelerate the payoff of a student loan?
- Is it wise to take money out of an IRA to pay off an home equity loan?
- RESOURCES MENTIONED DURING THIS PROGRAM
Remember, you can call in to ask your questions most days at (800) 525-7000 or email them to Questions@MoneyWise.org. Also, visit our website at MoneyWise.org where you can connect with a MoneyWise Coach, join the MoneyWise Community, and even download the free MoneyWise app. Like and Follow us on Facebook at MoneyWise Media for videos and the very latest discussion! Remember that it’s your prayerful and financial support that keeps MoneyWise on the air. Help us continue this outreach by clicking the Donate tab on our website or in our app.
