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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. 

March 11, 2020  

Manage Your Money God’s Way - You Need a Will

“Thus says the LORD, ‘Set your house in order, for you are about to die’” (2 Kings 20:1). Not a very pleasant thought is it?

Even if you live, your family may need to deal with your affairs in case of an accident or illness. Being prepared is the best gift you can give them. If you don’t do it, the government will make those decisions for you.

Our guest on this podcast is Vanessa J. Skinner, an estate attorney at Winderweedle, Haines, Ward & Woodman, P.A., who will share thoughts on what to consider in estate planning, which is NOT just for those who are rich.

The Compass blog has more on what to consider in your estate plan. The Compass Catholic Set Your House in Order Bible study provides forms and discussion points for you to consider when making these important decisions.

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 22, 2020  

Should I Invest or Pay Off Debt?

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  

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 25, 2019  

Money Saving Ideas for 2020

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 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.

December 4, 2019  

Why You Should Use a Financial Planner

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.