January 16, 2019
Resolutions are popular on January 1, but by now most of them have been abandoned. Join us on the Podcast for some ideas about how to set resolutions you will actually keep. The key is making them part of a large important life goal and managing the daily activities you need to accomplish so you eventually reach your life goal.
The Compass Catholic blog also has some Bible verses for you to reflect on as work on your financial resolutions.
January 9, 2019
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.
December 5, 2018
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 10, 2018
Social security is only supposed to supplement your retirement income. It is not designed to provide your entire retirement income, so you need to save for retirement in a big way.
It’s up to each one of us to stop relying on the government to take care of us in retirement.
Join us for a discussion about Social Security and read the Compass Catholic blog for more about how secure Social Security really is.
September 26, 2018
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.
August 29, 2018
Managing money well is not complex but it can be difficult if you aren’t paying attention to income and spending. Join us for tips on how to manage money well while you are in your 20’s. Your 50 year old self will thank you.
The Compass Catholic blog has more about millennial money management.
August 15, 2018
Over spending and the resulting debt can have a negative impact on the family when mom and dad are stressed by the bills and the kids are learning how to fund a lifestyle they can’t afford.
All the consumerism in our society has an impact on our faith. Join us for a discussion on the spiritual cost of debt and read the Compass blog for more.
July 25, 2018
Planning for retirement can be a fun time as you prepare for a new season of life. It can also be a time of many financial decisions which will have long term impacts. Making the wrong decision about your 401K can jeopardize your financial stability, so make this decision very carefully with lots of pre-planning.
Join us as we talk about the decisions to consider.
The Compass Catholic blog has additional information about retirement planning.
July 18, 2018
If you are a beginning investor, there are lots of considerations to put into your plan. What is your long term goal? What is your time frame? How much risk are you willing to accept? What type of investments do you want to own (or NOT own)? Join us as we talk about the decisions to consider.
The Compass Catholic blog provides additional information about developing your investment strategy.
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.