It's human nature to be concerned about having enough but would you know it when you get there It's a question we don't ask ourselves enough how much is enough We have a great story in the Bible that gives us a clue and Dr Kelly Rush joins us today to talk about it Dr Kelly Rush is a Professor of Finance Department Chair and Financial Planning Program Coordinator at Mount Vernon Nazarene University in Ohio Understanding Lifestyle CreepIf you're unfamiliar with the concept of lifestyle creep it's where individuals tend to spend more on lifestyle comforts and luxuries as [... more]

There are key areas most people in their s and s miss when it comes to financial planning In this video Peter Richon with Richon Planning and Erin Kennedy discuss how to avoid those pitfalls and Peter breaks down the steps you need to take now to set yourself up for financial success Bank Savings Emergency Fund liquidity is key And it will ensure you don't have to borrow money at high interest rates Life Insurance protect yourself and your family in case the worst happens Open and Invest in a Roth take advantage of today's historically low tax rate [... more]

Corinthians says Whoever sows sparingly will also reap sparingly and whoever sows bountifully will also reap bountifully God's Word repeatedly challenges us to be generous givers to our families and His Kingdom When should we do this giving Are we waiting too long Ron Blue joins us today with an idea you may not have thought about Ron Blue is the Co-Founder of Kingdom Advisors and the author of many books on biblical finance most notably Master Your Money A Step-by-Step Plan for Experiencing Financial Contentment The Joy of GivingThere is immense joy in seeing the impact of your generosity [... more]

Did you know that anxiety disorders are the most common mental illnesses in the U S today You might assume that we have a major anxiety problem just by the number of commercials you see for new medicines to treat these disorders but is anxiety really a new thing The Reality Of AnxietyModern medicine recognizes anxiety in many forms generalized anxiety disorder panic disorder social anxiety and various phobias Data shows nearly a third of all U S adults will experience some form of anxiety in their lifetime The cost of treating anxiety disorders in the U S runs into [... more]

Myths can be persistent things For a long time people thought the world was flat The investing world has its share of myths that persist to this day Rachel McDonough joins us today to go over myths about wealth that many Christians believe but shouldn't Rachel McDonough is a Certified Financial Planner CFP a Certified Kingdom Advisor CKA and a regular Faith Finance contributor Flat Earth and Financial MythsWhen your core assumptions are wrong your strategy becomes useless Imagine planning a voyage worldwide while believing it's flat you'd never reach your destination accurately Similarly in finance myths perpetuated by various [... more]

It's said that we learn from mistakes not success but do you want to experience that with your retirement savings No question saving and investing for retirement is something you want to get right the first time Mark Biller joins us today to help you avoid some of the most common retirement planning mistakes Mark Biller is Executive Editor and Senior Portfolio Manager at Sound Mind Investing an underwriter of Faith Finance Underestimating the Impact of InflationOne of the most common retirement-planning mistakes is underestimating the impact of inflation Many fail to grasp the destructive power of inflation's compounding effect [... more]

Are you tired of feeling overwhelmed and anxious about your finances You're not alone For many money is the number one source of stress But what if you could transform your relationship with money from one of fear and dread to one of trust and joy Dr Shane Enete joins us today to discuss how we can do that Dr Shane Enete is an Associate Professor of Finance at Biola University and the author of the brand new book Whole Heart Finances A Jesus-Centered Guide to Managing Your Money with Joy Addressing the Fear of Financial CommitmentOne of the most [... more]

Hans and Robby are back again this week with a brand new episode This week's discussion is about financial planning and investment management 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 Find us on YouTube Cardinal Advisors [... more]

Proverbs reads The prudent sees danger and hides himself but the simple go on and suffer for it The word insurance isn't in the Bible but it does say that it's wise to protect your financial holdings and insurance is one way to do that Understanding Essential Insurance PoliciesInsurance is a fundamental aspect of financial planning For most of us unless we have vast wealth diversified across numerous investments insurance serves as a critical safety net So what insurance policies are necessary Auto and Home InsuranceAuto insurance is generally required by law if you own a vehicle Homeowners insurance is [... more]

Is your financial advisor truly planning for your future or just coasting In this video Peter with Richon Planning and Erin Kennedy lay out the five signs that your advisor is delivering genuine financial planning not just quick fixes A truly committed advisor will Help you define your goals and objectives Gather details on ALIE Assets Liabilities Income and Expenses Confirm your Social Security Benefits Request last year's tax return Ask for copies of Estate Planning Documents If this doesn't sound like your advisor reach out to Peter for a second opinion Just call - or visit www RichonPlanning com [... more]

CONSIDERING THE FUTURE POST-HIGH SCHOOLRob discusses the pressure high school seniors and their parents face concerning post-secondary education and emphasizes the importance of aligning educational choices with financial realities He stresses the goal of avoiding college debt through early savings exploring scholarships and considering alternatives to a four-year college such as technical schools online courses and military service Financial planning for education should begin early incorporating discussions about affordability and scholarships Exploring educational alternatives can provide viable paths that align with career goals and financial constraints Completing the FAFSA is essential for all college-bound students to assess eligibility for financial [... more]

Mark Biller is Executive Editor at Sound Mind Investing a longtime underwriter of this program WHAT IS THE IMPORTANCE OF A RETIREMENT PLANNING CHECKLIST Comparing retirement planning to a preflight checklist underscores the critical importance of preparation Just as pilots meticulously ensure the safety of their flight individuals approaching retirement need to assess various aspects of their financial life to ensure a smooth transition into retirement This analogy highlights the need for thoroughness and attention to detail in retirement planning especially for those within a decade of their planned retirement date A retirement planning checklist serves as a comprehensive review [... more]

Matt Syverson is a Certified Financial Planner and Certified Kingdom Advisor in Overland Park Kansas He's also a specialist in helping families understand and set up ABLE accounts WHAT ARE ABLE ACCOUNTS AND HOW DO THEY COMPARE TO EDUCATION SAVINGS ACCOUNTS ABLE accounts akin to education savings accounts in terms of contributions and tax treatments are designed to assist individuals with disabilities by allowing for the accumulation of resources without affecting their eligibility for government assistance ABLE accounts initially referred to as A plans are intended for individuals with disabilities allowing them to save beyond the typical asset limits set [... more]

THE PARABLE OF THE RICH FOOL UNDERSTANDING STEWARDSHIP AND PRIDEIn Luke - Jesus tells a parable of a rich man who credits himself for his wealth planning to build larger barns for his abundant crops highlighting his self-reliance and pride BIBLICAL WARNINGS AGAINST PRIDE Corinthians questions what we have that we did not receive from God critiquing the notion of boasting about personal achievements Timothy - emphasizes contentment with what we have reminding us that we brought nothing into the world and can take nothing out Corinthians - instructs us to boast in the Lord not in ourselves for true [... more]

Matt Bell is the managing editor at Sound Mind Investing and the author of several books on personal finance including Money Marriage A Complete Guide for Engaged and Newly Married Couples HOW DO INDIVIDUAL TEMPERAMENTS AFFECT MARRIED COUPLES' FINANCIAL MANAGEMENT Understanding each other's temperament helps couples manage money together effectively since temperament influences how individuals naturally react to financial situations bringing inherent strengths and weaknesses to money management Temperament shapes our financial behaviors and preferences influenced by upbringing and personal experiences Knowing and respecting each other's temperament can lead to better teamwork in financial decisions It's crucial to recognize that [... more]

Gary Chapman is the best-selling author of The Five Love Languages HOW SHOULD THE FIVE LOVE LANGUAGES INFLUENCE GIFT-GIVING ON VALENTINE'S DAY Understanding and applying the Five Love Languages to gift-giving especially on Valentine's Day can really enhance the impact of the gesture If your spouse's primary love language is receiving gifts then selecting a thoughtful gift becomes crucial However for those whose love language is not gifts recognizing Valentine's Day and making an effort to express love is still important Recognizing if gifts are your spouse's primary love language is key if so choose gifts with care and intention [... more]

LENDING MONEY TO CHILDREN FOR A HOUSE PURCHASE Rob discusses the reasons parents might consider lending money to their children for a house purchase such as reducing the interest the child must pay and helping if the child does not qualify for a mortgage due to debt-to-income ratio issues or insufficient credit history He emphasizes the importance of understanding the implications of lending versus gifting money the potential risks involved and ensuring any loan is legally documented Parents may lend to their children to save them from high interest rates or if they're unable to secure a loan due to [... more]

If anyone does not provide for his own and especially for those of his household he has denied the faith and is worse than an unbeliever Timothy It's a pleasure to welcome Harlan Accola back to the program Harlan is with Movement Mortgage an underwriter of this program He is also the author of Home Equity and Reverse Mortgages The Cinderella of the Baby Boomer Retirement WHY ARE REVERSE MORTGAGES REFERRED TO AS THE CINDERELLA OF RETIREMENT PLANNING Reverse mortgages are seen as the Cinderella of retirement planning because they have been underestimated but hold significant potential for aiding in [... more]

Do you like helping people get their finances in order Maybe you have a gift for numbers If so then we have some good news for you On today's Faith amp Finance Live join host Rob West for a special live broadcast from Liberty University He'll get an update from Kurt Cornfield about a career path for undergraduate students in Christian Financial Planning Then Rob will answer some questions on various financial topics See omnystudio com listener for privacy information [... more]

Do you like helping people get their finances in order Maybe you have a gift for numbers A while back we broke the news about a whole new career field that's opening up the Christian Financial Planner Kurt Cornfield is here today to give us an update Kurt Cornfield is Associate Professor of Financial Planning at Liberty University He's also a Certified Financial Planner and a Certified Kingdom Advisor WHAT IS THE CHRISTIAN FINANCIAL PLANNER PROGRAM Seven Christian universities that have offered certified financial planner CFP programs are adding certified kingdom adviser content So students are learning what the Bible [... more]

So let's look at three financial potholes that can wreck your budget You'll save money and a big headache if you can steer clear of these SCAMS New scams are constantly appearing due to technology Protection Measures Keep devices updated with antivirus software Guard your social security number and passwords Learn more about identity theft at the FTC's website or call -ID THEFT Be wary of money transfer requests especially if unverified Avoid clicking on links from suspicious emails or texts Do not share personal information over phone or email Double-check claims from suspicious communications before acting Stop and verify [... more]

Mark Biller is executive editor at Sound Mind Investing Mark recently published an article in the latest SMI newsletter titled Measuring the Market's Valuation Market valuation refers to the process of assessing the worth or value of the overall stock market or individual stocks within it It involves determining whether the current prices of stocks accurately reflect their underlying fundamentals such as earnings assets and growth potential Market valuation is essential because it helps investors make informed decisions about buying or selling stocks Here's why market valuation is important Price Assessment It helps investors assess whether the prices of stocks [... more]

Without counsel plans fail but with many advisers they succeed Proverbs Well as you know we always recommend you look for a financial advisor with the Certified Kingdom Advisor Designation and you can do that by going to FaithFi com and clicking on Find a CKA When you do you'll also find a long list of questions you can ask potential advisors We're going to give you some of them today though because folks have been asking The first thing you should understand is that the type of advisor you're interviewing will determine what you ask And that only makes [... more]

Do you like helping people get their finances in order Maybe you have a gift for numbers If so then we have some good news for you On today's Faith amp Finance Live host Rob West will get an update from Kurt Cornfield about a career path for undergraduate students in Christian Financial Planning Then Rob will answer your questions on different financial topics nbsp See omnystudio com listener for privacy information [... more]

MWL MWL-EX WED - - MWL-EX WED - - MWL-EX WED - - MWL-EX WED - - MWL-EX WED - - See omnystudio com listener for privacy information [... more]

Even if she wasn't directly talking about money Grandma said a lot of smart things that we can apply to financial planning We might not have known it then but looking back on wisdom that was imparted to us can teach us lessons years later On this episode let's take some classic Grandma sayings and see how they relate to our financial lives Here's some of what you'll learn on this episode How 'when it rains it pours' applies to the way the market behaves 'You never know' is used quite a bit in financial planning 'A bad apple spoils [... more]

Do you like to plan and set goals Are you someone who likes to help others arrange their finances using a biblical worldview If so there rsquo s a whole new career field for you to consider On today's MoneyWise Live host Rob West will welcome Kurt Cornfield of Liberty University to talk about their new Christian Financial Planning program Then Rob will answer your calls on various financial topics nbsp See omnystudio com listener for privacy information [... more]

Have you considered the importance of financial planning and the impact that it can have on your financial life goals On today's MoneyWise Live host Rob West will talk with financial planner Ron Blue about the benefits of having a solid financial plan in place no matter what stage of life you're in Then Rob will answer your financial questions from a biblical perspective See omnystudio com listener for privacy information [... more]

Knowing when you are ready to retire is accomplished through a specific financial planning process How much do I need When can I retire These are questions that are answered through that planning process Peter Richon walks through the steps of this process to help you have more confidence when you choose to take this big step [... more]

Knowing when you are ready to retire is accomplished through a specific financial planning process How much do I need When can I retire These are questions that are answered through that planning process Peter Richon walks through the steps of this process to help you have more confidence when you choose to take this big step [... more]

Do you have a plan for your finances nbsp Planning is really the only way to make the most of the resources God rsquo s entrusted to you nbsp On the next MoneyWise Live hosts Rob West and Steve Moore are joined by financial expert Ron Blue to talk about what goes into a financial plan Then they rsquo ll take your calls from across the country and answer your financial questions Planning to succeed financially on the next MoneyWise Live at pm Eastern pm Central on Moody Radio nbsp [... more]

Financial services veteran Frank Maselli discusses the value and the need for a financial advisor and a source for sound financial planning advice and guidance [... more]

IRMAA or Income Related Monthly Adjustment Amount is a Medicare tax on the wealthy IRMAA is a surcharge on Part B and Part D It is based on your income from your tax returns years prior so in that is 's tax return Hans talks about clients he has had that are normally surprised and angry about the charge While some clients income has changed dramatically in years and therefore are able to appeal the charges others just have a significant income in retirement If that is the case while it does not make sense to do your financial planning [... more]

Jeremiah says This is what the Lord says 'Stand at the crossroads and look ask for the ancient paths ask where the good way is and walk in it and you will find rest for your souls ' A lot of people planning for long-term care don't ask where the good way is This week Hans and Robby discuss misconceptions or urban legends surrounding how Medicaid pays for long-term care While Medicaid will pay for long-term care it takes a lot to get to this point and giving away all your money is not going to automatically qualify Medicaid-paid long-term [... more]

This is a series of podcast on financial planning [... more]

Complacency Overconfidence Fear Cynicism and Despair How do these five dangerous mindsets manifest themselves in the financial planning process and how can you be sure you're not harboring any of these in your own head [... more]