Some people like to say that money doesn’t matter because it can’t buy love or happiness. Well, that’s certainly true. But there’s no denying that money is still pretty important because it affects nearly every aspect of our lives. Money has no moral characterit’s simply a tool. You might even call it a power tool. Today on MoneyWise Rob West and Steve Moore give us the operating instructions. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-I would like to invest in CDs so I don’t spend my savings. Is that the best way to save?-I’m going to retire in about 6 years. I will have a pension, but I want to supplement it. Should I invest in a Roth IRA?-I have two rental properties, but I’m struggling to pay for all of the maintenance. I’m putting a lot of those expenses on credit cards. Can you help?-My daughter is almost 18. My income will change substantially at that point because child support will stop coming in. I want to teach her about budgeting, but I’m struggling because of my own uncertain income.

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