February 17, 2020
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 22, 2020
Are you confused by trying to figure out whether it’s better to pay off debt or invest? The answer is to do both in an organized approach. Just like losing weight includes both diet and exercise, a solid financial plan includes both paying off debt and investing for the future.
Before you start investing aggressively, there are some basic financial principles to put into place, such as tackling credit card debt, having an emergency fund and setting up a spending plan.
Listen in or click on our blog link for suggestions on getting your debt paid off so you can invest and meet your long term goals.
January 15, 2020
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
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
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 25, 2019
Saving money means paying attention to both large and small opportunities. Large opportunities to save may be a bonus, refund, raise or inheritance. Small opportunities to save means paying attention to the many ways you may be wasting money on the everyday items you purchase.
The Compass Catholic blog has more on money saving ideas.
December 18, 2019
Financial advice comes in so many shapes and sizes that it can be overwhelming. The simplest way to get control of your finances is to spend less than you make. It’s that simple!
Consistently spending less than you earn will ensure your financial success a lot faster than any other financial advice you can get.
The Compass Catholic blog has more ideas about keeping it simple!
December 11, 2019
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.
December 4, 2019
Financial planning can be difficult if you don’t have the knowledge and skill set to do it well. Making informed objective decisions is hard to do when you are emotionally involved with the outcome.
Join us for a discussion about why using a financial planner will benefit you in the long term and how to find a financial planner who is a good fit for you.
The Compass Catholic Blog has more on this topic.
November 27, 2019
Do you think that more is better, especially when it comes to money? Yes, more money may ease the financial pressure for a while, but it will never provide lasting happiness.
Master your money by learning to be a good steward of God’s many blessings, including the way you give, save and spend.
Read the Compass blog to learn more about how to master your money.
