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March 25, 2020  

Money Decisions for Your Marriage

Money can destroy a marriage.

All the assumptions and experiences of the way your family used and managed money come into your marriage. Each spouse was raised in a different environment, so no two people come into a marriage thinking exactly the same way as their spouse on any issue, most especially money. And that difference can mean disaster.

Learn how to tackle those important money decisions as a team in this podcast and the Compass Catholic blog

March 18, 2020  

How to Handle a Financial Pandemic

The world seems a little upside down right now with a lot of uncertainty about the spread of the COVID-19 virus, consumer mayhem in stores, events being cancelled and the ensuring financial panic.

We may be on edge because of uncertainty or we may be in panic mode because everyone around us in is panic mode and the media is doing a great job of spreading the fears.

None of us knows the future. All we have is today. If you are feeling overwhelmed by everything around you, meditate on these verses:

Isaiah 41: 10 “Do not fear: I am with you; do not be anxious: I am your God. I will strengthen you, I will help you, I will uphold you with my victorious right hand.”

Psalm 46:2  “God is our refuge and our strength, an ever-present help in distress.”

The Compass Catholic blog has more on staying calm while the winds of fortune swirl around us. It also has links to several charts showing the ups and downs of the financial market. 

February 17, 2020  

Lessons from a Financial Train Wreck

The WealthSimple.com website features interesting people telling their financial life stories in their own words.

While many of the stories are uplifting as people have gotten their finances straightened out, many of the stories are so sad as the people have gotten themselves in to terrible financial situations.

This is the story of one couple who did just about everything wrong in their finances. AND they continue to make the same mistakes.

Here’s their story and suggestions about how we at Compass Catholic can help people recover from these same mistakes.

January 15, 2020  

Your Financial Health Checkup

Is your financial vision 2020? You’ll never know unless you do the financial version of an eye test by performing a financial health checkup.  Figure out your current financial situation and define what’s going to change or remain the same in 2020. Match that against your short, mid and long term goals to see what you need to modify to improve your financial vision.

The Compass Money Map is a great place to start and the Compass blog has more about a financial health checkup.

January 8, 2020  

2020 Financial Checklist (encore presentation)

Join us for a discussion with one of our favorite financial planners, John Kennedy of Candor Path Financial Services. John will share ideas with us about how to get your finances in shape for 2020.

The Compass Catholic blog has more ideas for you to consider.

January 1, 2020  

Improve Your Monthly Finances in 10 Easy Steps

We all have a tendency to think that SOMEDAY we will be happy, content and financially stable. But if we don’t start today, we’ll never get there.

Join us for 10 easy steps you can take today to improve your monthly finances: track your spending; review monthly payments; determine if you still need to pay PMI on your mortgage; earn more; review insurance; discern wants vs needs; question every purchase; set spending priorities; stop shopping as entertainment; quit comparing yourself with others.

Listen in and check out the Compass Catholic blog to learn more about ways to start improving your monthly budget today.

December 11, 2019  

Your 2020 Financial Checklist

Join us for a discussion with one of our favorite financial planners, John Kennedy of Candor Path Financial Services. John will share ideas with us about how to get your finances in shape for 2020.

The Compass Catholic blog has more ideas for you to consider.

November 13, 2019  

10 Questions to Ask Your Parents

 

Do you know where your parents keep all the information you would need in case of an emergency? Here are 10 questions to ask your parents just in case you (or other family members) ever need it:

  1. Where do you keep your important information, in case I need to find it in an emergency?
  2. Where can I find a list of your key contacts?
  3. How are your accounts registered?
  4. Do you have an up to date will?
  5. Have you Designated a Power of Attorney?
  6. Do you have a Health Care Proxy?
  7. Do you have a living will or an advance health care directive?
  8. How can I access your electronic assets in an emergency?
  9. How do you want to disposition your personal Items?
  10. Have you documented your final wishes?

The Compass Catholic blog has more details about what to ask and why it’s so important to know where this information is kept.

October 30, 2019  

8 Important Money Decisions for Every Marriage

Join us for eight important money decisions every couple should make.

Money can be one of the hot button areas of a marriage. People bring into their marriage all the assumptions and experiences of their families in the way they use and manage money. Each spouse was raised in a different environment, so no two people come into a marriage thinking exactly the same way as their spouse on any issue, most especially money.

It is important to set some ground rules for money in your marriage, whether you have celebrated many anniversaries or are a newly wed.

The Compass Catholic blog has more info on these decisions.

October 16, 2019  

Are You Prepared for the Next Recession

We are in the middle of an economic expansion and the unemployment rate is at a 50 year low.  But change is inevitable and at some point there will be a recession.  Are you prepared to weather an upcoming economic storm?

A recession may be months or even years away so the best time to prepare is now. Join us for some ideas about how to get ready.

The Compass Catholic blog has more about preparing for the next recession.