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.
October 16, 2019
We are in the middle of an economic expansion and the unemployment rate is at a 50 year low. But change is inevitable and at some point there will be a recession. Are you prepared to weather an upcoming economic storm?
A recession may be months or even years away so the best time to prepare is now. Join us for some ideas about how to get ready.
The Compass Catholic blog has more about preparing for the next recession.
October 9, 2019
It is so easy to separate our faith from our finances and think of them as two entirely separate unrelated things. But often times when we get into debt there is a spiritual void we are trying to fill by buying things we can’t afford.
Financial challenges can be a hidden monster in many families and marriages. By shining the light of faith into that dark corner, we can tackle and tame the debt monster and learn that every area of our life, including how we handle money, has a spiritual impact.
The Compass Catholic blog has more about the spiritual impact of debt.
October 2, 2019
We have so many people come to us who are on the brink of disaster. Maybe they have missed several payments on the mortgage, their credit card bills are past due or they haven’t opened their mail for months.
These problems don’t happen overnight—they creep up gradually. If you are in a situation where your finances feel slightly out of control. The best thing you can do is get them under control before they spin into a full blown disaster.
For additional ideas about avoiding financial disaster, check out the Compass Catholic blog.