We tend to think that wealthy individuals always make the right financial decisions but is that always the case The truth is that people with a high net worth can sometimes make financial mistakes just as easily as the rest of us and perhaps with even worse consequences Cole Pearson shares five of them today Cole Pearson is the President of Investment Solutions at OneAscent a family of companies seeking to help people align their investments with their Christian values OneAscent is also an underwriter of Faith Finance Five Mistakes That The Wealthy Make With Their InvestmentsEven wealthy or high-net-worth [... more]

Tim Macready is head of Global Multi-Asset Investing with BrightLight an EverSource Wealth Advisors Team HOW DID YOU BECOME INTERESTED IN AND A LEADER IN THE FAITH-BASED INVESTING MOVEMENT Tim grew up on the mission field and returned to Australia for studies initially working with pension plans His desire to do something meaningful led him to a faith-based pension fund in Sydney For years he has explored what it means to be a faithful steward of God's resources now working with pension funds investment advisors and families at the intersection of faith and investing CAN YOU EXPLAIN THE DIFFERENCE BETWEEN [... more]

The following is an encore presentation from April is just hours away and it's one of our favorite months of the year That's because April is Financial Literacy Month This event began some two decades ago to raise awareness about the critical need for financial literacy It's just as important as learning to read and write We'll talk about that on Faith and Finance It's not quite April yet but we want to give you a head start on gaining financial literacy It's important because if you don't know how to set up a budget handle credit cards responsibly or [... more]

Mark Biller is executive editor at Sound Mind Investing WHAT'S THE CURRENT STATE OF BOND INVESTING AND HOW HAVE RECENT EVENTS IMPACTED IT Bond investing has been challenging lately especially after a long period of historically low interest rates Recently there's been a significant shift with the -year treasury bond yield rising from under in to over This has led to losses in long-term bond funds comparable to the worst stock market declines showing it's a tough time for bond investors There's been a drastic shift in the bond market with major losses in long-term bond funds The rise in [... more]

Cole Pearson is the President of Investment Solutions at OneAscent which is a family of companies dedicated to faith-based investing and an underwriter of this program HOW DOES ONE ASCENT VIEW INTERNATIONAL INVESTING One Ascent views international investing as a critical component of a well-diversified investment portfolio They believe that investing in international markets can mitigate risks and potentially enhance returns Historical data shows that international markets have outperformed U S markets in several decades highlighting the importance of global diversification IS VALUES-BASED INVESTING POSSIBLE WHEN INVESTING ABROAD One Ascent strongly believes that values-based investing is achievable globally They emphasize [... more]

Mark Biller is Executive Editor at Sound Mind Investing In this month's SMI newsletter he has a great article to help folks make this decision titled Should You Use A Roth Account Even If You Prefer Traditional WHY IS THIS A GOOD TIME TO ASK WHETHER ONE SHOULD USE A ROTH ACCOUNT EVEN IF THEY PREFER TRADITIONAL Roth IRAs were introduced in with rules about who can contribute A new law will soon mandate some older primarily higher income k investors to direct some contributions into Roth accounts This law also impacts those using B B plans and the Thrift [... more]

Going to college is a huge financial decision A verse to keep in mind is Proverbs which tells us The rich rule over the poor and the borrower is the slave of the lender That should guide your decision process because it's so easy to borrow and run up tens of thousands of dollars in debt that will take you decades to pay back In his book Art Rainer lists four ways to minimize debt WAYS TO MINIMIZE DEBTStart saving nowTake college level of AP courses nowExplore scholarships and grantsBe willing to work while in schoolWe're not saying those things [... more]

There may never be a better time to open a Roth account Roth IRAs offer tax-free earnings growth and as Peter with Richon Planning explains to Erin Kennedy there are clear-cut reasons you should consider investing in a Roth today Today's Historically Low Tax Rate the Tax Cuts and Jobs Act which reduced federal income tax rates is set to sunset in Your Depreciated Portfolio pay taxes on a smaller value now then allow that future growth to happen tax free Possible Elimination of Backdoor Roths the Build Back Better Act proposed ending Backdoor Roths the loophole dodged the axe [... more]

Rick Manning discusses budget and the continuing resolution versus an omnibus bill that we do not want that funds the rogue IRS agents Also discussed the Respect for Marriage Act which disrespects marriage and makes kids the target for a grown ups perversion plans The destruction of innocence and the conscience Why do these representatives do it ESG Environmental Social and Governance policies are driving the representatives to vote with their future in mind and ignore the ramifications to the reat of the nation and especially their constituents Jeff Zink shares about the election in Arizona and the found fraudulent [... more]

New Retirement Account Contribution Limits for The IRS just announced that it will boost the maximum contribution limit to k accounts by next year to This is the largest increase on record The contribution limit for an IRA is also set to increase to from As Peter with Richon Planning explains to Erin Kennedy this move will allow millions of us to contribute thousands more into tax- advantaged retirement accounts But keep in mind every retirement plan has to include tax planning and tax diversification In fact k s are known as retirement tax bombs If you'd like to talk [... more]

A philosopher once said those who can rsquo t remember the past are condemned to repeat it So is that what we rsquo re experiencing now On today's MoneyWise Live host Rob West will talk to investing expert Mark Biller about how history is repeating itself now that we rsquo re seeing many of the same economic conditions that existed in the s Then Rob will take your calls and financial questions See omnystudio com listener for privacy information [... more]

Economic Headwinds Is Now is a Good Time to Rebalance Equity markets and bonds continue their volatility So is now a good time to rebalance Peter with RichonPlanning tells us why rebalancing our portfolio is important when it comes to managing risk Peter and ErinKennedy also take a closer look at the biggest winners and losers in this year's AssetClasses YTD and he breaks down important tax implications you need to keep in mind before buying or selling any asset If you have any questions about whether you should be taking a closer look at your investments please reach out [... more]

Proverbs tells us Steady plodding brings prosperity hasty speculation brings poverty and that's a key principle to follow when investing On today's MoneyWise Live Rob West will talk with Mark Biller about principles to help you get into an investing position that's avoids speculation Then Rob will answer your calls and questions on various financial topics See omnystudio com listener for privacy information [... more]

Women today control more than of the wealth in America They want to steward their resources well but many feel a lack of confidence in the area of money management On this edition of Building Relationships with Dr Gary Chapman mother and daughter Miriam Neff and Valerie Hogan team up to help empower women Featured resource Wise Women Managing Money by Miriam Neff and Valerie Hogan See omnystudio com listener for privacy information [... more]

We are often asked when is the right time for someone to start taking Social Security benefits Should they only wait until full retirement age or is it worth it to wait longer On today's MoneyWise Live host Rob West will cover common mistakes people make when claiming benefits Then he'll answer some calls and questions on various financial topics See omnystudio com listener for privacy information [... more]

Happy Thanksgiving We hope you enjoy this holiday weekend Best of edition of Game Plan For Retirement with Peter Richon [... more]

Money is always listed as one of the top reasons why marriages fail And knowing what not to do is just as important as doing the right things On today's MoneyWise Live host Rob West will share things concerning money you should never do in marriage Then he'll answer calls on various financial questions from a biblical perspective See omnystudio com listener for privacy information [... more]

With our national debt soaring to nearly trillion it's easy to understand the concern that exists about a looming debt crisis On today's MoneyWise Live host Rob West welcomes economist Jerry Bowyer to discuss what this high level of debt means for the economy and your future Then Rob will answer your calls and questions on various financial topics See omnystudio com listener for privacy information [... more]

Do you have piles of paper on your desk at home Never sure which receipts statements and documents to save and which to shred Many of us deal with this problem but if you're ready to dig your way out and slay those piles on today's MoneyWise Live host Rob West will share a simple way to do it Then he'll answer your calls and questions about various financial matters See omnystudio com listener for privacy information [... more]

The world can be a scary place especially if you have children because Satan often uses lies to lead them astray And those lies are frequently related to money On the next MoneyWise Live Art Rainer will join Rob West to talk about money lies teenagers are believing these days and he'll arm you with the truth to counter those Then Rob will answer your calls and questions on various financial topics That's MoneyWise Live where biblical wisdom meets today's finances weekdays at pm Eastern pm Central on Moody Radio See omnystudio com listener for privacy information [... more]

The longer you do something the more it becomes ingrained as a habit And that rsquo s not necessarily a bad thing Establishing good habits early in life will be a blessing for years to come On the next MoneyWise Live host Rob West has habits for managing money that you'd be wise to establish especially if you rsquo re a teenager Then he rsquo ll answer your calls and financial questions That rsquo s MoneyWise Live where biblical wisdom meets today rsquo s finances mdash weekdays at pm Eastern pm Central on Moody Radio [... more]

If a friend or family member asks if they can borrow money you may not be sure what to do nbsp And it rsquo s best to avoid making a hasty decision because it rsquo s wise to consider all your options nbsp On the next MoneyWise Live host Rob West will explain that your decision to lend money could have lasting consequences so you should make it carefully Then he rsquo ll answer your financial questions from a biblical perspective That rsquo s on the next MoneyWise Live where biblical wisdom meets today rsquo s finances weekdays at pm [... more]

We are often asked when is the right time for someone to start taking Social Security benefits Should they only wait until full retirement age or is it worth it to wait longer On the next MoneyWise Live host Rob West will cover common mistakes people make when claiming benefits Then he rsquo ll answer your calls and questions on various financial topics That rsquo s the next MoneyWise Live mdash where biblical wisdom meets today rsquo s finances weekdays at pm Eastern pm Central on Moody Radio [... more]

The biggest challenge to saving money is overcoming the temptation to spend it But there are steps you can take to make it easier to overcome that temptation and become a successful saver On the next MoneyWise Live host Rob West will talk about those steps toward saving more money Then he rsquo ll answer your financial questions from a biblical perspective That rsquo s on MoneyWise Live where biblical wisdom meets today rsquo s finances weekdays at pm Eastern pm Central on Moody Radio nbsp [... more]

Financial institutions are increasingly participating in ungodly practices and Christians need to be aware of the options they have to do business elsewhere On the next MoneyWise Live host Rob West will talk with investing expert Robert Netzly NETS-lee about an alternative to the big banks that pose a challenge to biblical values Then Rob will take your calls and questions on the financial matters you rsquo d like to discuss That rsquo s MoneyWise Live mdash where biblical wisdom meets today rsquo s financial decisions weekdays at pm Eastern pm Central on Moody Radio [... more]

Are you ready to retire Peter Richon covers must-answer questions to know if you are financially prepared to walk away from your paycheck and transition into retirement [... more]

For the love and protection of our family we would likely give up money and income but sometimes we can make pretty foolish financial mistakes or oversights that put those same loved ones in jeopardy On this episode MRFC Peter Richon discusses the financial protection of our spouse and family [... more]

For the love and protection of our family we would likely give up money and income but sometimes we can make pretty foolish financial mistakes or oversights that put those same loved ones in jeopardy On this episode MRFC Peter Richon discusses the financial protection of our spouse and family [... more]

Retirement is not a time to be worrying about your money and the market Diversification is essential to making sure you don't have to worry about outliving your money Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com [... more]

There are some fun facts you may not know about the currency you're carrying The paper money and coins in circulation have an interesting history that reveals some quirks about our country On the next MoneyWise Live hosts Rob West and Steve Moore fill us in on the background of our currency We rsquo ll share some fun facts about money on the next MoneyWise Live at pm Eastern pm Central on Moody Radio [... more]

One of the most important principles of investing is to ensure that you have a diversified portfolio to reduce your amount of risk Unfortunately when it comes to owning company stock many employees neglect that principle and put all of their lsquo eggs rsquo in the company basket On the next MoneyWise Live hosts Rob West and Steve Moore reveal the importance of portfolio diversification That rsquo s on the next MoneyWise Live at pm Eastern pm Central on Moody Radio nbsp [... more]

Millions tune into his daily broadcast And he speaks from the heart his message laced with God rsquo s financial principles that his audience might otherwise never hear On the next MoneyWise Live hosts Rob West and Steve Moore sit down with financial expert and radio personality Dave Ramsey He rsquo ll talk about how his life changed dramatically after applying God rsquo s financial wisdom That rsquo s on the next MoneyWise nbsp Live at pm Eastern pm Central on Moody Radio [... more]

Imagine trying to cope with the difficulties of the COVID pandemic without knowing Christ nbsp When we remember all that it means for us to have Christ in our lives we realize that there rsquo s much to be grateful for On the next MoneyWise Live hosts Rob West and Steve Moore talk with investing expert Mark Biller about staying thankful It rsquo s still a time for thanksgiving on the next nbsp MoneyWise nbsp Live at pm Eastern pm Central on Moody Radio nbsp [... more]

Wise investing requires discipline But how can we learn to be disciplined and prevent our emotions from dictating our investing decisions On the next nbsp MoneyWise nbsp Live host Rob West explores that question with investing expert Mark Biller and then they rsquo ll answer your questions It rsquo s the qualities of a disciplined investor on the next nbsp MoneyWise nbsp Live at pm Eastern pm Central on Moody Radio [... more]

The market rsquo s recent instability has investors feeling nervous And since they don rsquo t like uncertainty many are looking for a more stable way to invest Would buying gold provide the security investors are seeking On the next MoneyWise Live hosts Rob West and Steve Moore sit down with investing expert Mark Biller to find out Discover if it rsquo s wise to buy gold in this current economy on the next MoneyWise Live at pm Eastern pm Central on Moody Radio nbsp [... more]

Having a will is arguably one of the most important things you can do for yourself and your family A will can eliminate legal pitfalls and provide peace of mind for you and your heirs On the next MoneyWise Live hosts Rob West and Steve Moore welcome money expert Ron Blue who shares the importance of having a will Why you need a will on MoneyWise Live at pm Eastern pm Central on Moody Radio nbsp [... more]

In Romans Paul says Faith comes from hearing and hearing comes from the word of God This week Hans Robby and Tom discuss people's biggest worries in retirement and how to confront those worries with faith and smart planning Tom says the number one worry he's confronted as a CFP Professional is the question Am I going to run out of money People thinking about retirement are concerned they won't have enough money to live comfortably or have the financial resources when and how they need it Hans and Robby discuss how understanding the debate between the investment and insurance [... more]

John is considered the comfort chapter saying And if I go and prepare a place for you I will come back and welcome you into My presence so that you also may be where I am Jesus has a place for us for long long long term care we just have to make the decisions now to get into this place in the kingdom This week Hans and Robby discuss couples who have recently purchased long-term care insurance products and the different strategies they are using to cover this expense There is no cookie cutter approach to the way that [... more]

In our talk today Tom Henga author of Don't Worry Retire Happy and Paycheck Playchecks broke down the science behind the optimal way to retire and the many reasons most Americans don't have a comfortable confident retirement [... more]