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.
October 30, 2019
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 23, 2019
There is a difference between being cheap or being frugal. Cheap means using price as the only criteria for making purchases. Frugal means not spending more than you need to and knowing the price vs the cost of use.
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 save.
A frugal person saves money in a balanced way by considering the impacts of money saving ideas on 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 4, 2019
Recently, we were talking to the president of a Catholic Credit Union who mentioned the term “Financial Clutter” as all those things that get people off track with their finances.
Maybe it’s doing something you should NOT be doing or maybe it’s NOT doing something you should be doing. Financial clutter is whatever gets us off track from being a good steward of God’s blessings. Join us for a lively discussion on financial clutter.
The Compass Catholic blog has more on how to find and eliminate the financial clutter in your life.
August 14, 2019
College graduation is one of those milestones in life that need to be celebrated. And after the celebration it’s time to face a lot of planning and decisions about your future, including strategies for how to handle money, pay off the student loans, and become a financially responsible adult.
Join us for ideas and suggestions about how to get organized for your financial future.
The Compass Catholic blog has more on how to get a handle on your finances.
May 22, 2019
Marriage is a joint venture in all areas, even when it comes to money. When you get married, you don’t vow to share all financial aspects of your life with your spouse—but maybe you should. Nothing will ruin a marriage faster than hiding financial details from each other. Our podcast suggests ways to break down those financial walls that are separating you from each other.
Also check out our blog for more ways to share your finances with your spouse.
March 6, 2019
We would all be a lot happier if we defined financial success based on our own life, resources, capabilities and progress. Judging your circumstances against other people can be disheartening. All God is calling you to do is be a faithful steward of the blessings he has given to you, with no regard to what the next person is doing
The Compass Catholic blog has more on defining financial success for yourself.
Based on a listener's question, here are the percentage guidelines for various budget categories. The link will download a spreadsheet to your computer. Use this as a starting point and customize it to fit your life.
February 13, 2019
There are lots of things to think about and plan for as you approach your wedding day. Unfortunately, most couples who are engaged to be married talk more about the flavor of their wedding cake than about their marital finances. The cake cutting ceremony takes about 10 minutes but finances are something they’ll deal with every day of their entire married life.
The Compass Catholic blog has more about why the “Money Talk” is so important to a strong healthy marriage.
November 7, 2018
As a church, we need to teach people that their faith and their finances go hand in hand towards having a stronger marriage. Unfortunately, most married couples learn about finances through Trial & Terror, which mean years of conflict, pain and arguing about money.
This week the Compass Catholic blog has more on how to tackle the money monster in marriage.
July 11, 2018
Are you just beginning to think about the future and start an investment strategy? If so, apps are a great way to start on a small and simple scale and we’ve found two apps to get you started.
The Compass Catholic blog has more about a beginning investment strategy, including what you should have in place before investing. The sooner you get started, the more your money will grow over time.