July 10, 2020
In this week’s episode, Diana and Caitlyn speak with John Flanagan from the Laboure Society. John is the executive director of the Laboure Society which is a nonprofit organization that aims to help aspirants tackle their student debt load so they can discern their potential calling. John talks about the method Laboure has implemented that is Canon Law and IRS compliant. The Laboure method was also designed to grow a community of stewardship and ownership of our calling as laity to support vocations.
Links from this week’s episode:
The Laboure Society
https://rescuevocations.org
To Donate to the Laboure Society
https://rescuevocations.org/give/
Equifax article about the FICO Resilience Index
https://www.equifax.com/business/fico-resilience-index/
Compass Catholic Ministries
https://compasscatholic.org
July 8, 2020
The internet will give you millions of ideas about how to cut your monthly bills. Some of them may be good, others may not be. The only way to determine if these ideas will benefit you is to do the math and compare what you are currently spending versus what you’ll spend by making changes.
The Compass Catholic blog has more ideas about cutting monthly bills.
July 3, 2020
In the last episode of Money Stories, Anne Folan spoke about the toll student loan debt is taking on vocations. In this episode, Anne is back to discuss what the Mater Ecclesiae Fund for Vocations is doing to help this problem. The Fund for Vocations process is intricately designed with a purpose. Not only is the Fund for Vocations IRS compliant, it has to be Canon law compliant as well.
To recap from last week's episode, 45 million Americans owe student loan debt, collectively owing more than $1.5 trillion dollars. Two out of every three college graduates will graduate with a student debt load averaging over $30,000. For individuals discerning a call to religious life, student loan debt can create a tremendous obstacle they didn't consider when pursuing their college degrees because religious communities usually don't allow a person with unresolved debts to enter
To make a donation to the Fund for Vocations, please visit https://fundforvocations.org/donate-today/
To learn more about Compass Catholic Ministries, please visit https://CompassCatholic.org.
Happy by MusicbyAden https://soundcloud.com/musicbyaden Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0 Free Download / Stream: https://bit.ly/happy-musicbyaden Music promoted by Audio Library https://youtu.be/IOtFV3u_g5E
July 1, 2020
We are midway through a tumultuous financial year and it’s time to revisit your current financial situation and define what’s going to change or remain the same in 2020. This year, more than ever it’s imperative to stay on top of your financial situation.
The Compass Money Map is a great place to start and the Compass blog has more about a financial health checkup.
June 26, 2020
In this week's episode of Money Stories, Anne Folan discusses the toll student loan debt is taking on vocations. Anne is a member of the board of directors of the Mater Ecclesiae Fund for Vocations, a nonprofit Catholic organization that makes grants for student loan debt relief for young men and women with vocations to religious life.
45 million Americans owe student loan debt, collectively owing more than $1.5 trillion dollars. Two out of every three college graduates will graduate with a student debt load averaging over $30,000. For individuals discerning a call to religious life, student loan debt can create a tremendous obstacle they didn't consider when pursuing their college degrees because religious communities usually don't allow a person with unresolved debts to enter formation.
Mater Ecclesiae Fund for Vocations: https://fundforvocations.org
Compass Catholic Ministries: www.CompassCatholic.org
Matthew 6:24-“No one can serve two masters. He will either hate one and love the other, or be devoted to one and despise the other. You cannot serve God and mammon."
June 24, 2020
We talk about all kinds of things with our friends, but the conversations rarely focus on money and how much we earn, spend, save and give.
One money area that’s a little less than personal is ideas for being frugal. Frugal means being careful with how you manage all the blessings God has given you, including your finances. Being frugal is being a good steward.
The Compass Catholic blog has more about why being frugal is so important to your financial health.
June 19, 2020
Aaron Munoz is the creator and author of DollarsandSaints.com. He's also in the field of cybersecurity. In this episode of Money Stories, Aaron not only gives our listeners tips to protect their finances, but he also shares how he found how his career can be used to build the kingdom of God.
"If a man is called to be a street sweeper, he should sweep streets even as Michelangelo painted, or Beethoven composed music, or Shakespeare wrote poetry. He should sweep streets so well that all the hosts of heaven and earth will pause to say, here lived a great street sweeper who did his job well." -Martin Luther King
In Compass Catholic's Faith & Money Matters Bible Study, you are given the opportunity to explore how your career fits into the God's kingdom. If you have not yet participated, you can register for an online class at www. CompassCatholic.org.
Compass Catholic Ministries: www.CompassCatholic.org
Dollars and Saints Blog: www.DollarsandSaints.com
Cyber Securing Your Finances in Five Steps: https://dollarsandsaints.com/2020/03/20/cyber-securing-your-finances-in-five-steps/
Young Catholic Professionals: www.youngcatholicprofessionals.org
June 17, 2020
The reason so many people get into debt for Christmas is simple—they haven’t planned ahead. They haven’t saved or given thought to how they may be able to creatively reduce the cost of Christmas.
This year with the financial implications of the pandemic, it’s more important than ever to make this the Christmas you’ll stay out of debt.
The Compass Catholic blog has more about why and how to plan financially for Christmas.
June 12, 2020
Whitney Allen is the founder of Healing Hopeful Hearts (H3), a ministry for men and women to walk with each other in healing and prayer as they navigate the challenges of infertility. Once of those challenges may be financial. 1 in 6 families will struggle with infertility and of those, 59% say finances are barrier to proceeding with treatment. Whitney talks about how couples can navigate the challenges of infertility, particularly from a financial perspective.
For more information about Compass Catholic Ministries, please visit https://www.CompassCatholic.org
Healing Hopeful Hearts Ministry: https://cathedralctk.org/healing-hopeful-hearts
Pope Paul IV Institute: https://popepaulvi.com
Whitney Allen Email: Whit760@gmail.com
Happy by MusicbyAden https://soundcloud.com/musicbyaden Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0 Free Download / Stream: https://bit.ly/happy-musicbyaden Music promoted by Audio Library https://youtu.be/IOtFV3u_g5E –––––––––––––––––––––––––––––– 🎵 Track Info: Title: Happy by MusicbyAden Genre and Mood: Pop + Happy ———
June 10, 2020
Staying informed about your credit report and your credit score is a great way to monitor financial progress. A low credit score or errors on your credit report can mean thousands of dollars wasted on paying higher interest rates.
The Compass Catholic blog has more about staying on top of your credit report.
