Someone mentioned that I could use a reverse mortgage to buy a new home, is that possible? What are the pros and cons? Is this something new? When would this be a good option if ever?

I’m wanting to build a house— never taken out a loan in my life and want to make wisest decision on what kind of a loan to take out….?

I'm confused. I have always believed that I am to tithe 10% from my gross. So, if my weekly gross amount on my check stub states $200 and the net amount is $100. I am to tithe 10% from the $200 which would be $20. But, I have also heard that we are to tithe from our increase. I'm not sure what that means. Thanks for the advice....

Is there a faith based organization for overseeing trusts for disabled loved ones? Family members are not interested in caring for my schizophrenic son while Im alive and Im concerned for who to trust once Im gone.

Is there a way to begin working on October's budget in September? I haven't upgraded yet. Thanks!

I have been married for 6 years, my husband and I are buying a house using most of the money i received from the WTC Victims Compensation fund, (because of the mercy of God, I am a 9/11 survivor). Is there a way that I can I ensure that my 3 adult children from my first marriage receive the money I used as a down payment in the event that I pass away and my ...

What do you think about reports that this current administration may be creating supply chain problems and food shortages? I have read reports about farmers being forced to destroy their crops or lose their federal subsidies. I have also heard reports of cargo ships not being allowed to unload their cargo at ports. Thank you for your comments ....

I received some information on a home warranty and started to research the different companies and reviewed their ratings. Is getting a home warranty a good idea, or is it better to just have a good emergency fund for unexpected appliance and system repairs?...

Hello! My husband and I just started using the app in August and it has been a huge blessing and eye opener seeing where and how we are spending our money. Thank you for this useful app!! I was wondering if there is a way to reset envelopes for each month and /or compare our spend history month by month? Thank you and God bless....

Hi! I'm struggling with my category balances because the last few days all of my transactions are coming through twice, causing my balance to not match what it should be. I'm assuming they shake down and drop off, but I can't get a good handle on my account when everything is posting twice. Thoughts?...

I want to be able to share the app with my wife so when I spend money out of an envelope it will track that in her app too. Is that possible?

I retired in January and have a pension and collecting SS. These two income streams are meeting our monthly living expenses along with our giving to our church and other ministries. My wife are both 67 yo and we have no debt. I have a Vanguard 401(k) with $400,000. I heard I should take some of the money out as the market will soon have a drastic downtur...

I am trying to print the instrutions for setting up the accounts and I tried copy it . Nothing works. ThnaksJay

We gave $123,000 for our house. We got an 80/20 loan, so we financed the house at a 100%. We were able to pay the house off. Note: we would make money tithe and then pay on the house. So over the years we paid 123,000 which was tithe on. We have now sold the house and walked away with $147,400. I am wanting to know should we pay tithe on the whole amount, be...

Hello, so I am 22 years old and just decided to start my 401k. My 401k plan is through Prudential. I currently am contributing 5% going regular and 5% Roth IRA. I was wondering what would be the best investment allocation . Currently I have half of my contribution going to a stable fund and half going to a large cap blend. Honestly I just winged it because ...

I recently had a consultation with an insurance agent, and he suggested that I put my money into an annuity rather than a 401K because the return on an annuity with his company is guaranteed. Is this a recommendation you would make? And do you know anything about National Life Group?...

I am having problems connecting to my bank. Can u help. Jay

Just some suggestions that I really wish MoneyWise would implement: 1)That the list of transactions always displayed the total of the purchase and that splits would not be listed as if they were separate transactions. That way it would be easier to compare receipts and the bank feeds to MW via Plaid. Clicking on the transactions would reveal the splits and, ...

Hi is anyone trading stocks/crypto to earn $ to help subsidize income during covid?

I have a transaction that needs to be split between three envelopes. How do I do that?

I am on the board of a bible camp where we sponsor kids camps, mens and womens retreats. God has blessed us with a beautiful camp ground which is very remote but adequate for what we use it for. It is beginning to look like we may be in 'the last days' and are wondering if there is someway to set aside funds to protect them in case of the entire board disa...

My mother-in-law has my husband on her checking account incase something were to happen to her, he could access her funds to take care of things. Whenever she passes away, What types of things will my husband be liable to pay on her behalf. She lives with us, so no major expenses and her funeral is pre-planned & pre-paid. She has a few credit card bills ...

Hello Creditwise community, my wife and I are looking into starting an LLC in Missouri and want to know what options I have for a registered agent, whether I should be a “single member LLC” or a partnership, whether I should opt to be a “C Corp” or “S Corp” or what would be most honoring to God in my company. Any help or pointers are greatly appreciated and...

I am recently retired and I am concerned about what may happen to the value of my bond funds (and equity funds) when the US Government stops their purchases of bonds. Thanks.

I’m selling my house and was curious if I should pay tithes on the profit from the sell. Thank you for your ministry.

Is there a way to run quarterly reports? Something simple like funding and expenses for each envelope would be so helpful for making adjustments in budgets!!!

Which option is best for a 24 year old to open?

We need to pay for our kids college. We have four kids, one graduated and three to go. The last child will finish in 2027. We have sufficient funds in our retirement accounts Roth and regular: 401ks and IRAs. Our accountant any recommended that instead of withdrawing funds from retirement we take a mortgage and pay it off once we retire. Reason being any...

Hello, how best can I avoid losing points on my credit score? I have two credit cards that I use for budgeted items and payoff monthly before the closing dates. I have also been targeting paying off the lower groups of my student loans. But every month, my credit score have been dropping from 720 now at 695. We are trying to buy a house next January but it...

I’m used to another software program and its way of reconciling bank statements. How does that work with MoneyWise? Thanks!

I bank at a local Credit Union. Before I upgrade, how do I check to see if my Credit Union is able to be added so I can track transactions?

Each month I pay my credit card balance in full. This month when the credit card payment came out it left that account in a debit of 824.99. I’ve gone through all entries on my cc and they all show as a credit into the cc envelope. What went wrong?...

Hi. Does anyone else use a Capital One account with MoneyWise? Though it says somewhere that it is not possible yet, the connect feature actually lets me connect now via Plaid. But what do I do to get updates from the bank? It’s been more than two days since the first batch of transactions that came from the bank during the initial connection. So I was just ...

Good or bad Both 60 years old

Both of my sons are self-employed and their businesses are LLC's. My question is, What is the best way to handle this income? Right now they are running all of their income through the LLC and taking Owners draws as needed. They are both going to be buying homes and we are wondering what do banks look at? Should they be paying themselves wages monthly? Bo...

Does this app work on pc/desktop?

I married my husband and he wants to add my name to the mortgage without financing, but Wells Fargo keeps telling us we have to refinance. Is there a way to do this?

My son is starting his first year of college and we wanted him to establish some credit. Is there a recommended credit card company that anyone would recommend? We want a low credit limit, but safe and secure company.

Is there a way to bring up spending reports for more than just the last 30 days? I would like to be able to compare my plan for a couple months to what I have spent for those months.

In light of an article I read yesterday about American Express and Chase banks no really Christian friendly, are there other bank or financial institutions you can recommend where I can put my money and business ? I know you will want us to have a voice within this institutions but not sure they will listen at the moment...

I am just getting started and I put in the wrong amount for a balance, how do i change it?

Hello, When I first signed up there was a recommendation to email capital one to ask them to connect to this account? What is it that I should ask them to do? Thank you Jen

Listening to one of your conversations on Saturday 7th August on the podcast - Your Most Important Relationship, I was amazed at the wisdom of God in you Rob. Glory to God.

My wife and I have 150K to invest and are considering a fixed annuity for three years at 1.75%. Much better than the 0.15% we get from our savings account. We have a long history of C.D. purchases with no early withdrawal. What say you?

When I was planning to sell my home, I didn’t consider tithing on the amount I received after the loan was paid off because I was planning to use the money as a down payment on the next home that I purchase. Afterwards, however, I thought that I should tithe on the difference between what I paid for the home and the amount I received. But I also thought abou...

I have about 8,000.00 plus in medical expenses. My wife is on disability and has major health issues. Every year the debt goes up Because of the deductible. Some of that is my expenses. We live paycheck to paycheck because of all the medical bills. Is there any help out there for this kind of medical debt. Thanks Jaybird...

We are 3 to 5 yrs from retirement and I have a new job making about $50k less than my previous employer. My previous job was 100% travel vs the current local job with just 4 days / week work schedule. Is it a mistake to let go of this money so close to retirement? No debt and only about $25K left on the mortgage. Retirement savings (all IRAs, 401K and ca...

We have about $20,000 available for short term investments. What's the best route to go? I contribute to a 401K at work pretax. We also have close to 6 months cash on hand and will have no debt other than mortgage in the next 10 days.

Other than our mortgage on which we are paying extra principal each month, we have no other debts with about $20,000 available to invest.

I recently sold my home and received a check after the balance was paid off. I plan to use the money as a down payment on a new house but not right away. I googled to find out if I will have to pay taxes on the money and read that if the amount is less than $250,000 for a single person, I will not have to pay taxes on the money I received. Is that correct?...

Basically I’m stuck in a home that was purchased in 2007. After the market crash we still haven’t recovered & on top of that I found out that my then husband had taken out 2 additional loans on the house so not only is it under valued, it also has additional loans which keep me stuck in this house till 2052. Also got laid off during the pandemic so my house ...

I contributed to my TSP while in the military, some of those contributions were tax exempt ($28K) according to my statement. I also have a ROTH IRA at Vanguard that I started years ago. Would it be wise to take the tax exempt $28K and combine it with the ROTH IRA, or do you have any suggestions?...

Blessings, My question is, I just sold my house and have some good equity sitting in my bank account. I plan on buying a home in 6 months or longer and I wanted to know, where can I invest my money so that it’s just not sitting in the bank earning nothing, but I could use it whenever I find a home to purchase. Thank you and God Bless you!...

I have scheduled funding set up and consistently each and every month it seems to switch to manual and I have to go through every envelope and manually add the funds. Can that be fixed?

How much does a pro account cost? I see info for trying pro free for 14 days, but want to know cost. Thanks

I do like this app and benefit from it; however, I’m having trouble in a couple of areas. I can’t rearrange my envelopes. When I tried, I lost my earn category. It shows up under Plan, though. I also don’t have a Grow category and can’t seem to create one. Thanks for your help....

How do I fund accounts. I should know but I can't figure it out.

Greetings from Canada First, I thank God for Moneywise and their ministry! My question is this: I heard on the program that term life insurance is better than whole life insurance. I’m thinking of buying a 30 year term insurance to cover mortgage, living expenses. What should I do near the end of the term? Convert it to whole life or renew the term?...

We have a personal checking account and a second account to manage some rental properties we have. Is it possible to track both of these separately, or would we just need to set this up for one account?

My family is going to be moving overseas to work for a nonprofit. I will be leaving a good paying job and taking a big pay cut. We are financially stable apart from the home sale. We are about to sell our house and have a family in our church that would like to buy it but can only afford about 60% of the current market value of the house. Should we sel...

I decided to return a new brand car after I realize I was double charge, but I’m scared of the impact on my credit. Do I need to let my Attoney handle it? What would you suggest?

Is it possible to create a monthly budget when I get paid bi-weekly? I would also like to be able to see a detailed listing of my monthly expenses in each category.

Do you have to pay taxes on a life annuity after death of insured?

Mom is 66 and fully retired and has money in a Schwab Rollover Ira and has not invested it because she does not want to loose it. She also has about $4400 In a Betterment brokerage account and is looking to withdraw it for to use to pre plan for her funeral and burial arrangements. If she withdrew the money from the Betterment account that $350 I’m taxes. I...

How do I delete an envelope and it’s transactions? I haven’t figured out why but my credit card envelope is duplicated.

Can anybody suggest 2 or 3 top investment companies? I have extra money in hand I want to invest in individual stocks. I have 403B, ROTH, IRA and mutual funds. But haven't ventured much in individual stocks because I was cautioned not to. Just want to try if it's wise....

Good evening. I’m a 31 year old carpenter ready to start thinking about my future and my investments. I want to invest in ways that are glorifying to God, but also have a steady influx of monetary growth. If meeting with a Kingdom advisor is the best option, then I’d like to meet with one....

I have a ROTH 401k at work that I contribute to regularly and I would like to know if I can ALSO open a ROTH outside of work and fully contribute to it each year?

I use a Skymiles card for all purchases and pay off balance weekly. When I connect my card it shows the balance as a positive and doesn’t combine those transactions with envelope categories. How do I fix that?

My availalble for funding only shows my checking accounts. Should it also show my savings accounts? I generally only keep a months worth of expenses in checking and would like to allocate some of the savings balances for funding for future months. Thanks, DJ...

Moneywise is a great app. Easy to use with reasonable functionality. The one thing that would make it almost perfect would be the 'Debt Snowball' feature that allows entering the balance on multiple debts and getting them paid off as soon as possible. When the first debt is paid off, the amount of that payment is applied to the second debt. When that is paid...

I have a question inspired by an earlier question regarding investing in real estate. If we continue to see hot inflation numbers does it make sense to take on debt to purchase a property so that we can lock the price in and then pay off the debt with tomorrow’s less valuable dollars, again assuming we continue to see high inflation? I’ve never managed finan...

Is it possible to undo a transaction to make it unassigned?

When I enter my credentials, it ways something is wrong, and I have verified that it is right. How do I get MW to accept my credentials to link into my accounts?

What prevents you from investing in real estate?

Do my accounts on MW app ever need to be balanced or reconciled? If so, how do I balance them?

Hi everyone. I’ve been on for a couple of months now and my budget is changing. So I want to set up my budget for July. Which I was able to do. But now I cants seem to get into it to make changes. Any help?

I completed a Reset, re-added my accounts, and the historical transactions (since I first added the accounts couple weeks back) are still posting. I had thought a Reset would start for transactions as of the date of the Reset. Any guidance would be greatly appreciated. Thanks. DJ...

Can you download MoneyWise to a .csv file?

Hello everybody, I am new and I am in need of some help. I am not sure on how to set my account up. Is there anybody willing to help me by walking me through on how to get it going?

I’ve heard of people purchasing a car (small loan) to help improve credit... would this theory work the same if we finance appliances/furniture?? I

I have enough saved to pay off one of my student loans. I have roughly 3500 to pay. I want to pay off one and arrange payments on the other. Will that improve/help my credit? Wondering since student loans are on a freeze?

I have a question I am 63 years old & I own my own house . I have a term life insurance policy But I have no children living with me at home I have one daughter who is married. I was recently advised that I do not need the coverage. I Hope to have my house paid off by the time I am 67. I'm not sure what to do what do you think...

I am a pro user, and love this app. However none of my transactions for the last twodays are appearing. Some of them did appear as pending, but then dissappeared. Anything that I might be doing?

I have been hearing mortgage rates are currently at a low. My husband and I are looking to refinance our primary home to a 10 years. We are currently at 3.25% and have 15 more years left. Can you help us ways on how to find an excellent rate for a 10 year loan?...

Good day . I am 47 and I have some money that I’d like to rollover from an old 401 k where I am no longer employed I am doing some research but realized Schwab Intelligent portfolio put a lot of investments in cash , I am looking to be aggressive and retire at 67 or longer. I am wondering which of the brokerage has good allocation mix and more diversified w...

I made an envelope to save money towards a laptop and now that the laptop is purchased, I’d like to hide the envelope or archive it somehow. Is there a way to do that? I know envelopes can be deleted, but then the transactions get un-assigned and that creates a mess....

What do I do at the end of a month and start of a new month. Do I need to close out May when I am starting June?

I checked my bank account against my budget and there is a deposit that didn’t register in my budget. How do I correct that?

First, MWL has been brainwashing me. Getting rid of lots of bad financial thinking. I needed it. Could still use some more. My wife and I bought a house, 4 years ago. Yes 20% down. (That much I already knew well). When Covid hit and forbearance option became available, my wife pushed for us to do it. My job suffered, she was developing health issues (non-C...

Are there any charts or graphs in the app? I would like to see a quick overview of how I’ve allocated my expenses.

How prepared are you to ask for a raise, if you feel you deserve it?

Since COVID, we stopped paying for a gym membership. What is your favorite workout app to use and do you pay for it or is it free?

I am just beginning and have all envelopes ready and funding them. Since this new month began, I am starting fresh with new grocery budget, but the automatic transactions are saying I am over budget. Is there anyway I can start fresh and not have the grocery envelope starting out negative?...

I have two checking accounts at the same bank. Is there a way to differentiate between the two for record keeping and reports?

I’m 56 ; I’m only 3 years into saving for retirement Bc I was a “sub” at USPS for 20 years and these years don’t count , nor do they contribute to my pension. I had to start over in life Bc of divorce 9 years ago . I have about 1k left on my home mortgage; I’m currently putting /matching my employers input in retirement; I am saving some each month and also...

Suggestions to ask for first time investing in a Roth IRA.