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The following listen on-demand podcasts matched your search results for: savings account
Faith And Finance
Rob West
April 03, 2025
A slack hand causes poverty but the hand of the diligent makes rich Proverbs At Faith and Finance we believe the Bible offers timeless financial wisdom and sometimes that wisdom shows up in the form of gentle correction Let s face it we all make financial missteps some intentional others unintentional But every mistake is an opportunity to grow in wisdom and stewardship If you ve made some poor decisions with your money don t let Proverbs discourage you Instead take heart in Proverbs Listen to advice and accept instruction that you may gain wisdom in the future Let s [... more]
Faith And Finance
Rob West
March 21, 2025
His master said to him Well done good and faithful servant You have been faithful over a little I will set you over much Enter into the joy of your master Matthew Those are the words every believer longs to hear That s why it s important to regularly reflect on how we re stewarding the resources God has entrusted to us Today Rachel McDonough joins us to share three key Scriptures and prayers to help guide us in faithful stewardship Rachel McDonough is a Certified Financial Planner CFP a Certified Kingdom Advisor CKA and a regular Faith Finance contributor [... more]
Faith And Finance
Rob West
March 19, 2025
And the King will answer them Truly I say to you as you did it to one of the least of these my brothers you did it to me - Matthew Millions of people around the world need the basic necessities of life but even more importantly they need the Gospel One organization is helping them receive both Kelly Miller joins us with an impact report Kelly Miller is the CEO and President of Cross International an underwriter of Faith Finance A Ministry Model Built on PartnershipCross International s approach to global missions is unique Instead of working independently they [... more]
Faith And Finance
Rob West
March 17, 2025
As the saying goes you don t need to be wealthy to start saving but you do need savings to build wealth Right now one of the best ways to grow your savings is by taking advantage of high-yield savings accounts But how long will these elevated rates last Let s explore what s driving these rates and what you can do to maximize your savings The Role of a Savings AccountBefore we dive into high-yield savings let s clarify what a savings account is and what it s not Unlike investing accounts involving higher risk a savings account is [... more]
Faith And Finance
Rob West
March 05, 2025
They re not listed on stock exchanges yet private market investing opportunities are becoming increasingly popular So just what are private markets Why would you want to consider making them a part of your portfolio And how would you go about it Cole Pearson is here today to break it all down for us 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 What Is Private Market Investing Private market investing involves putting capital into companies [... more]
Faith And Finance
Rob West
February 13, 2025
With financial fraud on the rise protecting your personal and banking information has never been more important A recent JD Power study found that nearly of bank account holders experienced fraud in some form over a -month period To help us navigate the best security practices Aaron Caid shares expert advice on how to safeguard your accounts from cybercriminals Aaron Caid is the Chief Marketing Officer at Christian Community Credit Union an underwriter of Faith Finance Strengthen Your Password SecurityA strong unique password is your first line of defense against fraud Here s how to create one that s tough [... more]
Faith And Finance
Rob West
February 06, 2025
The holidays are behind us you know what that means it s tax season But before you start gathering your W- s and receipts there s an important question Do you know who will prepare your taxes this year With a nationwide shortage of Certified Public Accountants CPAs and tax professionals waiting too long to find a preparer could leave you scrambling and vulnerable to scams Here s how to protect yourself and find a trusted tax preparer Who Can Prepare Your Taxes When hiring a tax professional your preparer will likely fall into one of three categories Certified Public [... more]
Faith And Finance
Rob West
January 17, 2025
One of the most common questions people ask is How much will I need to retire The answer is It depends It depends on your lifestyle needs and one key factor how much you re willing and able to cut from your budget Let s explore how thoughtful adjustments can help you bridge the retirement income gap and make this season of life meaningful and fulfilling Understanding Retirement IncomeMost retirees experience a drop in income While many work-related expenses disappear like commuting clothing and dining out studies show the average retirement budget is about of pre-retirement income Experts generally recommend [... more]
Faith And Finance
Rob West
January 13, 2025
When the topic of generosity comes up in church reactions can be mixed Some tune out assuming the message is about funding a project or filling a financial gap But generosity is about much more than meeting needs it s about the heart behind the act Let s explore not only why we should give but also why we shouldn t and how to cultivate a heart for biblical generosity Why We Shouldn t Give Guilt Shouldn t Be Your MotivationMany Christians have been influenced by guilt-driven messages from legalism to the prosperity gospel These teachings suggest that not giving [... more]
Faith And Finance
Rob West
January 08, 2025
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]
Faith And Finance
Rob West
December 20, 2024
One of my favorite passages in the Bible is found in Luke - the Parable of the Rich Fool While most of us don t have barns today Jesus warning about storing up earthly treasures is just as relevant now as it was then So what does it mean to be rich toward God and why does it matter Let s dive into this powerful lesson The parable begins with a wealthy man who has a problem many might envy his land has produced so much that his barns aren t big enough to store it all His solution Tear [... more]
Faith And Finance
Rob West
December 19, 2024
As Christmas draws near stories of generosity and the spirit of giving abound Few stories however embody these virtues more powerfully than the life of Saint Nicholas Behind the modern image of Santa Claus lies the legacy of a man whose life reflected the true meaning of Christmas selfless love and sacrificial giving Born around A D in Patara Turkey Nicholas was raised in a wealthy Christian family From an early age he was taught to care for the poor and live out the teachings of Jesus His parents modeled these values daily planting seeds of faith and generosity in [... more]
Faith And Finance
Rob West
December 04, 2024
A good man leaves an inheritance to his children's children but the sinner's wealth is laid up for the righteous - Proverbs God s Word is clear that faithful stewards should leave an inheritance for future generations That inheritance doesn t have to be money Passing along biblical principles such as generosity to grandkids well that s priceless Ron Blue joins us to talk about it Ron Blue is the Co-Founder of Kingdom Advisors and the author of many books on biblical finance including Splitting Heirs Giving Your Money and Things to Your Children Without Ruining Their Lives More Than [... more]
Faith And Finance
Rob West
November 27, 2024
Do you find yourself trapped in a one-day mindset Maybe you think One day I'll be out of debt One day I'll have enough or One day I'll finally relax We often tie our contentment to future circumstances yet the Apostle Paul shows us a different way contentment in the here and now Paul who experienced both wealth and poverty wrote in Philippians - about the secret to contentment I have learned in whatever situation I am to be content I can do all things through him who strengthens me Paul s contentment wasn t based on his circumstances but [... more]
Faith And Finance
Rob West
November 25, 2024
As Thanksgiving week reminds us of the many blessings we enjoy it s natural to reflect on gratitude But does gratitude naturally lead to generosity Leo Sabo joins us today to discuss three things your pastor wishes you knew about giving Leo Sabo is the President of the Christian Stewardship Network CSN where he gets to share the incredible impact financial stewardship and generosity can have on the Church Giving Has Spiritual BenefitsYour pastor wants you to know that giving is deeply tied to your spiritual growth It s not just about meeting church needs it s about discipleship and [... more]
Faith And Finance
Rob West
October 28, 2024
There s a saying Any port in a storm Does that apply to your savings The economic waters seem choppy these days so where s a safe harbor for your savings that still gives you a return Aaron Caid helps you plot a course for your money today Aaron Caid is the Chief Marketing Officer at Christian Community Credit Union an underwriter of Faith Finance Understanding Savings OptionsIf you've ever wondered which one is right for you here are the basics of each type of account so you can determine which best suits your needs Savings Accounts The BasicsSavings accounts [... more]
Faith And Finance
Rob West
October 02, 2024
Christians are generous people as God calls us to be That means we must also be discerning We should always give with our hearts out of a passion for advancing God s Kingdom but we must also use our heads to strategically choose which organizations or causes receive our financial support Ron Blue joins us today with some advice before you write that check Ron Blue co-founder of Kingdom Advisors and author of numerous books on biblical personal finance offers valuable insights into how we can give effectively to ministries Drawing from his book Splitting Heirs Giving Your Money and [... more]
Faith And Finance
Rob West
September 24, 2024
The definition of synergy is two things put together having an effect greater than the sum of the parts Synergy can play a beneficial role in family finances A case in point is an ABLE account working together with a special needs trust for a person with disabilities Matt Syverson joins us today to talk about it Matt Syverson is Managing Partner Senior Wealth Advisor for Sound Stewardship in Overland Park Kansas He is also a Certified Financial Planner CFP and a Certified Kingdom Advisor CKA What is an ABLE Account An ABLE account short for Achieving a Better Life [... more]
Faith And Finance
Rob West
September 19, 2024
Many believers would agree that churches should follow the same financial principles that God s Word provides for individuals But even within that agreement there s still plenty of room for debate For example should churches borrow for building and expansion projects Borrowing for church projects can be a sensitive topic raising important questions about finances and faith While the Bible does not declare borrowing a sin it does offer several warnings about its potential pitfalls Let's explore the biblical principles and guidance for churches considering debt Biblical Warnings About DebtProverbs says The rich rule over the poor and the [... more]
Faith And Finance
Rob West
September 18, 2024
Can you name two things that don t seem to go together but actually do How about freedom and budgeting We hear from folks all the time who feel that living on a budget cramps their style hems them in and makes them feel trapped Brandon Sieben is with us today to make the case that just the opposite is true Brandon Sieben is the Chairman of the Board at Compass Financial Ministry How Simplified Finances Lead to Peace of MindAlthough budgeting might seem restricting it can lead to financial freedom and peace of mind Here are the fundamental principles [... more]
Faith And Finance
Rob West
September 17, 2024
Today s parents have better ways to save for their kids college than existed a generation ago So are you making the most of your college savings program It s been less than years since Congress authorized the tax-advantaged plans More options soon followed Mark Biller joins us today with the pros and cons of several college-savings programs Mark Biller is Executive Editor and Senior Portfolio Manager at Sound Mind Investing an underwriter of Faith Finance The Rising Cost of CollegeOver the past few decades the cost of higher education has increased at a rate much higher than general inflation [... more]
Faith And Finance
Rob West
September 02, 2024
More stress doesn t always equal a higher salary and if you bring home the stress along with the salary is it really worth it If that describes you maybe it s time to re-think the purpose of your work Some statistics claim that of American employees are happy with their jobs while others claim that are suffering from work-related stress A Different Question Why Are You Working Whether the statistics are accurate or not stress is a pervasive issue and work is often a significant contributor The question arises What should you do if work-related pressure overwhelms you Quit [... more]
Faith And Finance
Rob West
August 30, 2024
Thanks to insurance we don t very often have bank savings and loans or credit union runs anymore Aaron Caid is with us today to discuss how that came about Aaron Caid is the Chief Marketing Officer at Christian Community Credit Union an underwriter of Faith Finance The Role of FDIC in Banking StabilityWhen we think about bank runs we often think of the Great Depression Thankfully such events are rare today primarily due to the Federal Deposit Insurance Corporation FDIC 's creation through the Banking Act of The FDIC now insures bank deposits up to per customer providing peace [... more]
Faith And Finance
Rob West
August 14, 2024
Getting a college degree can substantially increase your lifetime earnings but even better is getting someone else to pay for it I m talking about scholarships of course Every year public and private institutions dole out about billion in scholarships Are you getting any of it I ll talk about how you can The Rising Cost of CollegeNo question about it college is expensive The College Board reports that in in-state students at public four-year schools are spending an average of on tuition and fees for just one year excluding room and board Students at private four-year colleges are spending [... more]
Faith And Finance
Rob West
August 13, 2024
If you re drowning in debt and someone offers a lifeline make sure it s not really an anchor You have a few different options for paying off debt but they are definitely not all equal You have debt settlement debt consolidation and debt management Neile Simon joins us today to explain the difference Neile Simon is a Certified Credit Counselor with Christian Credit Counselors CCC an underwriter of Faith Finance Debt Consolidation A Quick Fix with Hidden DangersDebt consolidation is often seen as an attractive option because it combines multiple debts into one loan with an interest rate between [... more]
Faith And Finance
Rob West
August 07, 2024
Do not be unequally yoked with unbelievers For what partnership has righteousness with lawlessness Or what fellowship has light with darkness - Corinthians That warning from the Apostle Paul is usually interpreted to mean that you shouldn t marry outside the faith But does it apply to other relationships just as much Ron Blue joins us today with his practical and spiritual insights about partnerships 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 Understanding Partnerships Beyond MarriageIn Corinthians the [... more]
Faith And Finance
Rob West
July 02, 2024
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]
Faith And Finance
Rob West
June 21, 2024
You ve probably heard the saying If you aim at nothing you'll hit it every time But do you know who coined it Christian author and speaker Zig Ziglar is credited with that famous quote It urges us to set goals and stay on mission What are our goals and what s our mission here at FaithFi Chad Clark fills you in today and invites you to be a part of it all Chad Clark is the Executive Director of FaithFi Faith Finance Integrating Faith and Finances for God s GloryAt FaithFi our mission is clear we aim to equip [... more]
Faith And Finance
Rob West
June 20, 2024
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 [... more]
Faith And Finance
Rob West
June 14, 2024
Dr Richard Swenson author of The Overload Syndrome and Margin writes that We must have some room to breathe We need freedom to think and permission to heal Our relationships are being starved to death by velocity Too many people are physically emotionally mentally and financially overloaded these days So we ll look at rest from a biblical perspective today The Concept of MarginIn his writings Dr Richard Swenson introduces the concept of margin essentially it's the space to take a break before you break down Many of us feel there s just not enough time money or energy left [... more]
Faith And Finance
Rob West
May 22, 2024
Statistics show that many people aren't saving for retirement Others may have far more than enough How do you find the right balance Yes saving too much for retirement is possible although many more folks aren't saving enough What does Scripture tell us about responsible savings Brian Holtz fills us in today Brian Holtz is the Chief Operating Officer at Compass Financial Ministry and the author of Financial Discipleship for Families Intentionally Raising Faithful Children It's essential to save and invest enough for retirement but it's just as misguided to prioritize that above all others right The Bible gives us [... more]
Faith And Finance
Rob West
May 20, 2024
Given the current economic situation we rsquo re all concerned about ways to make our savings grow But it might be wise to be less concerned about the interest we rsquo re getting on our savings account and more concerned about the interest we rsquo re paying on our mortgages On today's Faith amp Finance Live host Rob West will explain ways you can save a fortune on your mortgage interest Then he rsquo ll answer your questions on various financial topics nbsp See omnystudio com listener for privacy information [... more]
Faith And Finance
Rob West
May 20, 2024
You've heard the expression Pennywise and pound foolish Here in the States we could say Pennywise and dollar foolish A good example is when someone is more concerned about the interest they're getting on their savings account than the interest they're paying on their mortgage Top Tips to Save Big on InterestWhen managing your finances shopping around for the best interest rates on savings is wise However focusing on reducing the interest on your mortgage can have a much bigger payoff Consider the total interest paid over a -year fixed-rate mortgage It's a powerful motivator to pay off your mortgage [... more]
Faith And Finance
Rob West
May 16, 2024
Do you use a credit union Or have you never considered using one Credit union members know their advantages and million nationwide can't be wrong Aaron Caid joins us today to discuss the pros and cons of credit unions and spoiler alert there aren't many cons Aaron Caid is the Chief Marketing Officer at Christian Community Credit Union an underwriter of Faith Finance What are the pros of joining a typical credit union Credit unions are member-owned cooperatives Members are customers and stakeholders governed by a volunteer board selected from the member base They also have voting rights on credit [... more]
Faith And Finance
Rob West
May 15, 2024
We'd like to think that our actions are always pleasing to God and certainly don't offend Him but we also know that isn't always true Christians are called to do good works so the world will see them and God will be glorified So it shouldn't surprise us that God takes stinginess and generosity personally Randy Alcorn joins us today to discuss this Randy Alcorn is a New York Times bestselling author of over books on Christian Living and the Founder and Director of Eternal Perspective Ministries His ministry focuses on helping others use their time money possessions and opportunities [... more]
Faith And Finance
Rob West
May 10, 2024
She looks well to the ways of her household and does not eat the bread of idleness Her children rise up and call her blessed her husband also and he praises her - Proverbs The True Value of MotherhoodAs we approach Mother's Day it's a great time to reflect on mothers' immense value to our lives beyond their immeasurable emotional and spiritual support While it's clear that a mother's contributions are priceless have you ever wondered what the monetary value of a mother's work might be Recent data from Salary com helps put this into perspective revealing that if motherhood [... more]
Planning Matters Radio
Peter Richon
April 27, 2024
If the Social Security Administration considers you a high-income beneficiary you ll pay a surcharge known as the Income-Related Monthly Adjustment Amount IRMAA That means if your modified adjusted gross income is more than for single filers or more than for those who are married and filing jointly you'll be paying the IRMAA penalty However as Peter with Richon Planning explains to Erin Kennedy there are strategies you should consider to reduce that penalty They are Roth IRA Conversions Health Savings Accounts Qualified Charitable Distributions There are also instances when you can apply for an IRMAA waiver To avoid that [... more]
Faith And Finance
Rob West
April 23, 2024
What does Buckner Shoes for Orphan Souls do They are Buckner International's largest humanitarian aid project Their mission is to follow Jesus' example by serving vulnerable children families and seniors One way they do that is through partnerships like Buckner Shoes for Orphan Souls where they come alongside believers in churches businesses and families throughout the U S to provide new shoes for children worldwide Why are shoes important for health education and opportunity especially in underdeveloped countries Children can't go to school without shoes in many countries where they work so Buckner promotes education by providing that gift Additionally [... more]
Faith And Finance
Rob West
April 19, 2024
What does it mean to be Rich Toward God It doesn't mean just giving money and possessions away Anyone can do that And the spiritual ramifications are different depending on your heart But Jesus is inviting us to set our hearts on an imperishable inheritance So here's the context a man from the crowd asks Jesus to settle an inheritance dispute and Jesus deflects that question He gets to the heart of the issue by telling a parable about man's greed and envy not just the man who asked the question or had the issue but ours So this parable [... more]
Faith And Finance
Rob West
April 16, 2024
What is the risk of playing it too safe That does seem like a bit of a riddle but we can start to make sense of it by first exploring a behavioral phenomenon called loss aversion Researchers have found that most people feel the pain of losing money roughly twice as strongly as the joy of gaining money To say it again clearly losses feel twice as bad as gains feel good This naturally causes many people to be loss averse and try to avoid losses sometimes to such a substantial degree that it undermines their long-term goals One of [... more]
Faith And Finance
Rob West
April 12, 2024
Here at FaithFi we always want to help you manage your time talent and treasure And make no mistake do-it-yourself preventive maintenance is a wise use of all three of those gifts you received from God The more time and talent you have the less of your treasure you'll have to use to get things done But if you don't have the physical ability or know-how to do any of the chores on our list it's also wise to hire someone to do them Now of course we always use the Bible as our ultimate guide and Proverbs tells us [... more]
Faith And Finance
Rob West
April 10, 2024
Relational Effects Of Lending MoneyProverbs reads The borrower becomes slave to the lender Lending money can hurt a relationship And that can happen whether you lend the money or not You're between a rock and a hard place and it seems like either way someone may end up resentful There are really only three things that can happen and only one of them is good If you decide not to lend the money the other person could be upset If you do lend the money and the other person doesn't repay it you'll probably be upset It's only the third [... more]
Faith And Finance
Rob West
April 05, 2024
So how much is enough for Christians If you're just starting out or struggling financially How much is enough might seem like a silly question The bottom line for you is that you just need more money at the moment Why should you think about how much is enough when you hardly have anything And what if you're at the other end of things If you're approaching retirement you might be thinking about the size of your nest egg But why put a limit on accumulating money and possessions Based on these two examples the definition of enough seems to [... more]
Faith And Finance
Rob West
April 03, 2024
Albert Einstein is credited with saying that the power of compounding is the eighth wonder of the world and He who understands it earns it he who doesn't pays it And Ron Blue shares a story for us about a couple who apparently understood this very well I received a call from my -something-year old son awhile back He'd been married for some time and he is a teacher and his wife Ann was a teacher And his question to me was Dad he said You know Ann and I are just teachers and we're just never going to have [... more]
Faith And Finance
Rob West
April 01, 2024
Historical Context and Modern ImplicationsAfter crossing the Jordan into the promised land the Israelites fought the battle of Jericho Joshua was their leader and the Lord gave them the victory In Joshua the general reminds his people of God's faithfulness to them at Jericho and through their history He ends by making that memorable statement of faith As for me and my household we will serve the Lord As Christians in a non-Christian culture we are also called to take a stand We can either choose to serve the gods of this world or the Lord It's not easy for [... more]
Faith And Finance
Rob West
March 29, 2024
It's appropriate during this Easter season to reflect on the big picture of our Christian faith Sometimes we just have our noses to the grindstone so to speak and we can lose sight of why we're here and how much God has done for us You know whether you're in a season of prosperity or facing hardships you have to remember that God is still on the throne and that your circumstances haven't caught Him by surprise His plan for the redemption of humankind is still on track The Significance of Jesus' SacrificeOf course on Easter Sunday Christians everywhere will [... more]
Faith And Finance
Rob West
March 05, 2024
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]
Faith And Finance
Rob West
February 28, 2024
BOOMER INFLUENCE ON HOUSING MARKET The current landscape of the housing market is significantly influenced by baby boomers particularly in terms of home ownership patterns and inventory distribution A substantial portion of large homes defined as those with three bedrooms or more is owned by baby boomers who are aged between to years old In contrast younger generations including millennials ages to and Gen Zers ages to possess a smaller share of large homes leading to a disparity in housing options Boomers' ownership status with many owning homes outright and having little financial incentive to sell contributes to the limited [... more]
Faith And Finance
Rob West
February 21, 2024
Chad Clark is Executive Director here at FaithFi WHAT ARE THE DANGERS OF HAVING A BUDGET A budget while essential for managing finances comes with potential dangers such as idolizing money succumbing to pride and relying more on the budget than on God Idolizing money can occur when constant monitoring of finances leads to an excessive focus on money instead of God Pride can emerge from achieving financial goals leading to self-boasting rather than recognizing God's provision Relying too heavily on a budget may restrict following God's promptings that go beyond our financial plans HOW CAN WE AVOID THESE DANGERS [... more]
Faith And Finance
Rob West
February 06, 2024
IMPACT OF COVID ON HOUSING MARKET AND RENT VS BUY DEBATEThere's no question that we're still feeling the impact of the COVID pandemic The COVID pandemic significantly disrupted the housing market increasing home prices and rental rates making it challenging for first-time home buyers Also during that time rental rates also skyrocketed In the age-old debate rent vs buy things have shifted CURRENT HOUSING MARKET CONDITIONS Skyhigh mortgage payments On average new mortgage payments are now higher than apartment rents the largest gap in years according to CBRE Low first-time home buyer activity Only of buyers were first-timers in the [... more]
Faith And Finance
Rob West
January 24, 2024
Sharon Epps is the president of Kingdom Advisors our parent organization Kingdom Advisors is a group dedicated to training financial professionals to guide and advise you according to biblical principles WHAT ARE THE BIBLICAL PRINCIPLES RELATED TO CASH FLOW AND LIVING EXPENSES Sharon emphasizes the importance of spending less than we earn drawing from Philippians which teaches contentment in all situations Contentment is key in managing finances as it helps us be satisfied with what we have and avoid unnecessary spending To improve financial health it's vital to spend less than what we earn Contentment with our current situation is [... more]
Faith And Finance
Rob West
January 16, 2024
INFLATION FELL There's something you need to understand about the inflation numbers you hear in the news such as Inflation fell to last month on an annualized basis Some folks think that means prices went down but it really only means that the rate of price increases has gone down INFLATION'S PERMANENT PRICE INCREASES A decrease in inflation rate means slower price increase not price reduction Even if inflation drops to zero the high prices from past inflation remain WAGE GROWTH NOT KEEPING UP WITH INFLATION A significant portion of workers report their wages haven't kept up with inflation leading [... more]
Faith And Finance
Rob West
January 05, 2024
THE ISSUE OF IDENTITY BIBLICAL PERSPECTIVE In today's culture there's pressure to define ourselves by worldly standards but for Christians true identity is found in Jesus not in worldly achievements or possessions John says But to all who did receive him who believed in his name he gave the right to become children of God DANGERS OF WORLDLY IDENTITY SPIRITUAL PITFALLS Focusing on wealth or success can lead to pride envy constant comparison worry about finances and disillusionment as these pursuits never truly satisfy Letting money or success define us can make us believe our worth is tied to our [... more]
Faith And Finance
Rob West
December 25, 2023
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]
Faith And Finance
Rob West
November 21, 2023
AVOIDING RETIREMENT PLANNING MISTAKES The most significant mistake is not saving enough during working years A recommended practice is contributing - of income to a retirement plan like a k b or an IRA The earlier the start in saving for retirement the better due to the benefits of compound earnings Relying solely on Social Security is not advisable COMMON ROLLOVER MISTAKES TO AVOID Not adhering to the one-per-year rule for IRA rollovers can result in significant tax implications and a tax for excess contributions Missing the -day deadline for rollovers from an IRA to another plan can result in [... more]
Faith And Finance
Rob West
November 16, 2023
Making Money an Asset to Marriage With Gary ChapmanMoney is usually cited as one of the top reasons for divorce It's almost never seen as a way to actually strengthen a marriage Gary Chapman joins us today to talk about how you can make that happen Gary Chapman is a pastor speaker counselor and author of several books on Christian relationships - DEBUNKING THE MYTH MORE MONEY BETTER MARRIAGE Dr Chapman clarifies that having more money does not necessarily improve a marital relationship He emphasizes that some of the happiest and strongest marriages involve couples who are just making ends [... more]
Faith And Finance
Rob West
November 10, 2023
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]
Faith And Finance
Rob West
November 01, 2023
Ron Blue is the founder of Kingdom Advisors our parent organization He's also the author of a shelf-full of books on biblical finance Disagreements in marriage especially on topics like money and faith are common Giving can be a contentious issue since it involves both RON BLUE'S EXPERIENCE AND ADVICE Ron shares a personal experience about how his wife's silent example led him to embrace tithing and giving emphasizing the importance of living a compelling Christian life over pressing the issue He advises couples to prioritize their relationship and demonstrate a Christ-like life He suggests mutual submission and finding common [... more]
Faith And Finance
Rob West
October 20, 2023
Whether you prefer to ignore your natal day or you still celebrate with gusto every year there are a few birthdays we all need to recognize We're referring to the birthdays with financial implications HERE'S OUR LIST OF FINANCIALLY IMPORTANT BIRTHDAYS Day One Newborns can be registered for Social Security immediately Childhood At age one can get a learner's permit which affects parents' insurance rates It's advised to research and shop around for auto coverage Age This is the legal age of adulthood Key actions include registering to vote potential military service registration and self-medical decision making Parents are advised [... more]
Planning Matters Radio
Peter Richon
October 17, 2023
The end of the year is a great time to start thinking about your taxes for the upcoming year That's why Peter with Richon Planning and Erin Kennedy are sharing tax saving tips you can do now to help you get on track for Max Out Your Roth IRA Tax Loss Harvesting Consider Your Tax Filing Status Seek Tax Efficient Investments If you have any questions about Roth Conversions or if you'd like to talk through specific tax efficient investments including Health Savings Accounts s or Qualified Charitable Distributions please reach out to Peter by calling - or visit www [... more]
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