The dangers of buy now pay later programs and their impact on financial freedom are explored, with a focus on biblical wisdom for managing debt and making smart financial decisions. Experts discuss the importance of debt management, the benefits of faith-based investing, and how to navigate complex financial situations, including inheritance tax and title insurance fraud. [... more]

Compass Financial Ministry's Making Ends Meet project addresses financial struggles by providing a simplified method for managing spending, the importance of an emergency fund, and building a network of people to rely on. The project combines biblical perspective with tactical step-by-step instructions to help individuals move from struggling to thriving. [... more]

Dale Vermillion discusses the potential change in the real estate market, citing increased consumer confidence and decreased patience among homebuyers. He advises listeners to make wise financial decisions, considering their values and priorities, when deciding whether to take on debt or wait to cash flow a project. Rob West and Dale Vermillion also address various listener questions, including managing debt, investing in retirement, and creating an emergency fund. [... more]

The Federal Reserve's recent interest rate cuts have sparked concerns about a potential recession, but experts argue that the data doesn't yet support this case. With economic growth and inflation showing signs of resilience, investors may be in for a 'Goldilocks scenario' where asset prices continue to rise. [... more]

Navigating back to school expenses and tax holidays, listeners seek advice on financial decisions, biblical worldview, tax relief, and real estate options, including renting versus buying and viatical settlements. [... more]

Building a solid financial foundation in your 30s and 40s requires prioritizing emergency savings, life insurance, and tax-advantaged accounts like Roths and 529 plans. It's essential to have a comprehensive plan in place to achieve long-term financial goals, including retirement and education expenses. [... more]

For several months now The Fed has decided to leave interest rates unchanged For the most part this isn't great news for borrowers but as Peter Richon with Richon Planning explains to Erin Kennedy it may offer some unique opportunities for savers High interest rates offer unique opportunities when investing in high-yield bonds or money market accounts You may also want to consider an annuity which can provide a stable stream of income especially during periods of high-interest rates If you'd like to talk to Peter about turning these high interest rates into opportunities please feel free to give him [... more]

When choosing a financial advisor, consider someone who aligns with your biblical values and takes the time to explain your options. Certified Kingdom Advisors meet high standards in competence and integrity, offering biblical financial advice. Understanding insurance needs, such as auto, homeowners, health, and long-term care, is crucial, as is managing debt and creating a budget. Stewardship and money management are key to financial success, and starting with a biblical perspective can simplify the process. [... more]

Christians seeking guidance on handling economic uncertainty and making wise financial decisions can turn to biblical wisdom and trusted advisors for help. A balanced approach to investing and wealth management can provide peace of mind and ensure a secure financial future. [... more]

Parents considering lending money to adult children to buy a house should weigh the pros and cons, including reducing interest payments, improving credit history, and potential pitfalls such as the child not paying back the loan, affecting the relationship, and the opportunity cost of using the money for other investments. A financial gift or loan can also encourage dependency, and it's essential to understand the risks before making a decision. [... more]

Having bad credit is expensive With inflation and high interest rates it rsquo s more important than ever to keep your credit score as high as possible and you won rsquo t believe how much money that can save you On today's Faith amp Finance Live host Rob West will talk about the added expense of having bad credit Then he rsquo ll answer your financial questions on various topics nbsp See omnystudio com listener for privacy information [... more]

Bonds can be a mysterious investment, but understanding bond basics can help you make informed decisions. Mark Biller explains how bond prices move and how interest rates affect bond values, and discusses the role of bond duration in gauging risk. He also touches on the impact of inflation and recession on bond prices, and offers advice on how to approach bond investing in a rapidly changing market. [... more]

Borrowing money can be more dangerous than facing danger on the battlefield, as George Washington once said. Today, we'll discuss five very dangerous ways of borrowing that you should avoid, including finance company loans, payday loans, pawn shop loans, auto title loans, and tax refund loans. We'll also explore the importance of cultivating the right disciplines regarding managing God's money and how to navigate your finances God's way. [... more]