Many people do not realize that there is a link between our faith and our finances. Yet if we are good stewards of all God’s blessings, it means we are good stewards of our worldly wealth, no matter how much or how little we have. As it says in Luke 16:11, “If, therefore, you have not been faithful in the use of worldly wealth who will entrust the true riches to you?”
We should save money in order to care for our family and our future. Saving with the goal of getting rich is not a godly goal. With that said, there are some really bad ways to save that will cost you more in the future that your are saving.
The average consumer in the US ends up with $1,000 of debt related to Christmas each year, and they don’t pay it off till October. At an APR of 15%, they are paying $125 more for Christmas than they spent. Consumer surveys indicate that the #1 fear people have at Christmas is debt. I don’t think this is the way the Lord would have us celebrate the birth of His Son. Join us for tips on how to stop the financial madness related to Christmas. The time to start planning is now!
A recent USA Today article stated that the average American dies with $62,000 in debt. Will you be on the of them? You can avoid this situation by managing your money faithfully according to scripture and remembering … Debt is bad, Saving is good, Giving is fun and Stuff is meaningless! Learn more at CompassCatholic.org
In the United States we celebrate our independence on July 4th. Compass Catholic encourages another type of independence – financial freedom. Use the Compass Money Map to check off each and every step you need to complete in order to reach financial freedom.
Welcome to guest Allison Gingras (Reconciled to You) who joins Compass Catholic on The Master’s Money to share her experience with The Navigating Your Finances God’s Way Bible study. Allison will share her attitude about money before the Bible study, what she learned and how she and her marriage changed as a result of this study.
If you teach your children about money when they are young, you will avoid many problems trying to figure out how to handle adult children with financial issues.
Even though 2017 is almost half over, summer can be a time of new beginnings and a chance to make some headway on those financial resolutions that may have slipped through the cracks. Maybe you wanted to develop a budget that really works, pay off debt or save money on a regular basis. Join us for financial basic training to help you get started! Probably the single most important aspect in making financial progress is learning to be content, so you stop overspending.