Compass Catholic

Compass Catholic header image 1
January 9, 2019  

Your 2019 Financial Plan - Compass Catholic

00:0000:00

There are three things you should do to review your 2018 finances and get prepared for 2019:

  • Review your budget in 2018 and make the necessary changes for 2019. Which categories will decrease or increase in the new year?
  • Review where you are on the Compass Money Map. Which destinations are complete and which still have open items?
  • Calculate your Net Worth. Do you owe more than you own? Or is your net worth positive?

The Compass Catholic blog shares more about these three important steps to get ready for a successful financial year in 2019.

January 2, 2019  

Are you Headed for a Financial Disaster?

00:0000:00

Financial problems can creep up slowly until they suddenly feel overwhelming. If you have an inkling that your finances are headed for trouble, address the issue as soon as possible to avoid long term financial harm. Join us here and on our blog as we talk about how to handle a looming financial issue. If you are experiencing financial challenges, you’re not alone. 

December 26, 2018  

How Much Money Does it Take to Feel Wealthy?

00:0000:00

How much money do you need to feel wealthy? Is money the key to a wealthy lifestyle, or is there more to it than simply accumulating more and more? Join us as we discuss a Charles Schwab survey about wealth in America. Our blog has more on the topic.  Interestingly, the survey results indicate money has nothing to do with feeling wealthy.

December 19, 2018  

Plan to Enjoy Christmas Day

00:0000:00

Christmas Day is fast approaching. Don’t get so caught up in the busyness that you forget what the day is all about. Join us for thoughts on how to make conscious plans for a Christmas day you will enjoy. The Compass Catholic blog has more suggestions on this topic.

December 12, 2018  

Christmas Got Hijacked

00:0000:00

It seems like Christmas begins at the same time as Halloween and by December 26th, it’s all over. Listen in as we discuss the ways Christmas has gotten hijacked and how we can return to the real meaning behind many of the Christmas symbols.

Join us on the Compass Catholic blog for more ways to stay focused on what Christmas is all about.

December 5, 2018  

Don’t Fool Yourself About Your Finances

00:0000:00

Spending more than you make, not knowing the difference between wants and needs, using long term savings for short term purchases, not being generous, ignoring the need for retirement savings…it’s easy to convince ourselves that we are going the right thing with our finances when maybe we are just in a comfort zone.

Tune in or join us on the Compass Catholic blog to check out the ways you may be fooling yourself about your finances.

October 31, 2018  

Things Frugal People NEVER Do

00:0000:00

Avoid paying interest, don’t buy things you don’t need, and above all else, don’t get caught up in trying to live someone else’s lifestyle. These are all things frugal people do to avoid wasting money.

Read the Compass Catholic blog for more on how to save money by being conscious of the things you should never do.

October 24, 2018  

Is the Lottery Calling Your Name?

00:0000:00

You have a better chance of getting struck by lightning; dying in a car accident; becoming a victim of identity theft by the age of 40; being bitten by a dog while jogging or or even hitting a hole-in-one on your birthday than winning the lottery. Yet the average American buys $200 of lottery tickets per year.

It’s interesting to note that lotteries are exempt from truth in advertising laws. What may sound like such a good deal is really a bunch of lies.

Read the Compass Catholic blog for more on why the lottery isn’t the answer to your financial problems.

October 17, 2018  

Cheap vs Frugal—Is There a Difference?

00:0000:00

A cheap person will invest a lot of time and energy in order to save a dollar or two, but the time and effort they spend may not be worth the money they saved.

A frugal person saves money in a balanced way by thinking about how saving money impacts other areas of their life. Saving money is good, as long as it is done in a balanced way so you can enjoy life and recognize the tradeoffs you are making.

This week’s podcast and the Compass Catholic blog point out the differences between cheap and frugal.

September 26, 2018  

How Much Does it Take to Feel Wealthy?

00:0000:00

Is there more to life than accumulating money?  Join us for a discussion on a Charles Schwab survey about wealth in America. Interestingly the most common responses about what it takes for people to feel wealthy have nothing to do with money.

Read the Compass Catholic blog for more on being wealthy versus feeling wealthy.