The way of a fool is right in his own eyes but a wise man listens to advice - Proverbs It s good to learn from your mistakes but it s even better to learn from someone else s Rachel Wong joins us today with three big financial mistakes that young adults often make so you can avoid them Rachel Wong is an Accredited Financial Counselor and the creator of Open Hands Finance a biblically-based content curriculum that teaches money skills to emerging adults Money Missteps Easy Mistakes To Avoid As A Young AdultMoney management is a crucial skill especially [... more]

At this time of year many people hate going to the mailbox or checking their email That s because the Christmas bills are starting to roll in Yes the holidays are behind us but for many people burgeoning credit card balances are just ahead If you think you ll have trouble making those payments Neile Simon is here with a plan to help you get out of debt Neile Simon is a Certified Credit Counselor with Christian Credit Counselors CCC an underwriter of Faith Finance The Growing Problem of Credit Card DebtCredit card debt has surpassed trillion marking a increase [... more]

For you know the grace of our Lord Jesus Christ that though he was rich yet for your sake he became poor so that you by his poverty might become rich - Corinthians That verse is among the most cited on the subject of generosity and for good reason It links generosity with the Gospel Dr Nathan Harris joins us to make that connection even stronger Dr Nathan Harris is Vice President for Strategic Initiatives at the University of Mobile in Mobile Alabama He is also the author of A Short Guide to Gospel Generosity Giving as an Act of [... more]

Most of today s renters say they d like to buy a home but a clear majority think they ll never be able to afford it It s certainly gotten more difficult to buy a house these days with soaring home values and interest rates But certainly not impossible especially if you re prepared Renting Is Not Throwing Money AwayOne of the most common myths in the housing market is that renting is equivalent to throwing money down the drain However this perspective is misguided Renting provides a home for you and your family which is a valuable use of [... more]

A boomerang is supposed to return when it leaves your hand But a boomerang kid well that s something else entirely Do you have a boomerang kid That s a term for an adult child that s returned home like a boomerang and now lives with you again If so you re not alone We ll talk about what you can do about it You're not alone if you have a boomerang kid living in your basement The latest Boomerang Kids Survey by Thrivent conducted in April found that of parents have had an adult child move back in with [... 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 [... more]

Train up a child in the way he should go even when he is old he will not depart from it Proverbs Teaching our children how to manage God s money is vital to raising them But how can parents do this well Brian Holtz will share some great insights today Brian Holtz is the Chief Operating Officer at Compass Financial Ministry and the author of Financial Discipleship for Families Intentionally Raising Faithful Children MVP Parenting Building Financial Wisdom in the Next GenerationIntroducing MVP Parenting a concept foundational for nurturing financial wisdom and spiritual growth in our children Howard Dayton [... more]

The Qualified Charitable Distribution is one of the most underutilized tax benefits yet almost million Americans can take it There are many requirements for taking a Qualified Charitable Distribution QCD or QCD You must be and have an IRA If more folks understood QCDs better they might take them David Hogan joins us today with the ABCs of QCDs David Hogan is the Principal of Clifton Larson Allen CPA s in Atlanta GA What is a Qualified Charitable Distribution QCD Simply put a QCD directly transfers funds from your Individual Retirement Account IRA to a qualified charity This move doesn [... more]

Why do reverse mortgages still have a bit of a PR problem Many people are not aware that federal regulations were put in place in to address issues with the product and protect consumers However some bad players still gave the product a bad reputation by taking advantage of vulnerable seniors in the past Now there are new laws and safeguards by the FHA for widows to be protected and financial assessments to assure someone can afford taxes and maintenance which are recent within the last years or so to eliminate problems in the program How is a HECM Home [... more]

When it comes to work ethic there's nobody we like better aside from Jesus of course than the woman described in Proverbs We don't know her name but her actions and attitudes are worth studying and imitating no matter what kind of work you do A Biblical Work Ethic From Proverbs First a note about Proverbs It's part of the wisdom literature found in the Old Testament We refer to Proverbs a lot since there are many nuggets of financial truth there Proverbs is the final chapter and the description of the woman of noble character is written as a [... more]

Neile Simon is a Certified Credit Counselor with Christian Credit Counselors and underwriter of this program WHAT ARE SOME TRIED AND TRUE WAYS TO AVOID DEBT AND PROMOTE FINANCIAL WELLNESS Neile Simon from Christian Credit Counselors shares key strategies to manage finances effectively emphasizing the importance of budgeting reducing debt and saving for emergencies Creating or updating a budget is crucial Most Americans need to revisit their budgets especially to adjust for inflation Your budget should track major expenses such as housing food transportation and more It's also wise to review and possibly reduce subscriptions to entertainment services by examining [... more]

NEW YEAR'S RESOLUTIONS A survey of people highlights common resolutions diet exercise more save more spend less learn a new skill quit smoking find a new job and spend time with family and friends These resolutions are often hard to keep due to requiring significant lifestyle changes THE IMPORTANCE OF CHRISTIAN RESOLUTIONS For Christians resolutions should prioritize God's will and honor Him Success in resolutions is more likely when they align with God's will Examples of Christian resolutions include seeking God's guidance for resolutions and praying for wisdom and strength SCRIPTURAL GUIDANCE James encourages seeking God's wisdom If any of [... more]

The following is an encore presentation from God's Word contains dozens of verses about repaying debt but usually from the perspective of owing it to others Another example of this is Ecclesiastes It reads It is better that you should not vow than that you should vow and not pay We have to dig a little deeper to discern God's will for us when someone owes us money but one thing is very clear - the Lord expects us to act differently than the world For one thing if the one who owes you is a fellow believer you should [... more]

Harlan Accola is National Reverse Mortgage Director at Movement Mortgage which is an underwriter of this program He is also author of the book Home Equity and Reverse Mortgages The Cinderella of the Baby Boomer Retirement WHAT IS THE BIGGER PICTURE AROUND REVERSE MORTGAGES BEYOND THE COMMON PERCEPTION A reverse mortgage is like a savings account or retirement fund but for your home equity allowing you to unlock and use the money invested in your home It is government-guaranteed for safety ensuring you can use your home's value without the risk of owing more than the home's worth It transforms [... more]

THE WORLD'S MESSAGE VS JESUS' CALL The world encourages material accumulation and personal success for happiness but this stands in contrast with Jesus' call to follow Him for abundant life Material success is fleeting and ultimately insignificant in the light of eternity and while happiness is ambiguous abundance as promised by Jesus is desirable and everlasting THE CONCEPT OF ABUNDANCE The Old Testament presents abundance in material terms as seen in Deuteronomy and Psalm with the caveat that it required faithfulness to God Despite this human nature led to repeated loss of abundance due to disobedience JESUS' REDEFINITION OF ABUNDANCE [... more]

Brad Guffey is Chief Medical Director at Family Legacy Missions International where he specializes in treating infectious diseases Family Legacy is the ministry changing the lives of around orphans in Zambia They do that through a -part program helping children grow academically physically emotionally and spiritually The physical and healthcare services that Family Legacy provides to Zambian children have grown tremendously in the last years Emphasis on pragmatism and efficiency in their approach Belief in being faithful in small tasks Acknowledgment of God's significant impact on their work and the lives of many children Transformation from starting in a tent [... more]

Peter Richon interviews DLB Mortgage CEO Debbie Bloyd to discuss the nation's housing market and signals for the economy we should be paying attention to [... more]

Peter Richon interviews DLB Mortgage CEO Debbie Bloyd to discuss the nation's housing market and signals for the economy we should be paying attention to [... more]

Are you thinking about selling your house in retirement and worried about the taxes Hans and Robby go over capital gains taxes as well as the exemptions to these taxes They also talk about reverse mortgages and who it might be right for Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on Cardinal Guide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com [... more]