Change Maker by Compass Catholic Ministries
Money Stories: The Effect of Student Loan Debt on Vocations

Money Stories: The Effect of Student Loan Debt on Vocations

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."

 

 

There’s Nothing Wrong With Being Frugal

There’s Nothing Wrong With Being Frugal

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.

Cybersecurity and Faith with Aaron Munoz

Cybersecurity and Faith with Aaron Munoz

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

 

 

Prepare For Your First Post-Pandemic Christmas

Prepare For Your First Post-Pandemic Christmas

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.

Money Stories: Dealing With Infertility with Whitney Allen

Money Stories: Dealing With Infertility with Whitney Allen

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 ———

Stay on Top of Your Credit Report

Stay on Top of Your Credit Report

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.

Money Stories: Put Your Money Where Your Heart Is with Matt and Jenny Brady

Money Stories: Put Your Money Where Your Heart Is with Matt and Jenny Brady

June 5, 2020

Matt and Jenny Brady were a young couple with successful careers. After participating in a Bible study regarding the link between their financial behavior and their finances, Matt and Jenny made the decision to change their financial habits. By following the Compass Catholic Money Map, they paid their large student loan debt and were better equipped to live their current vocation as parents to three young children.

For more information about Compass Catholic Ministries, please visit www.CompassCatholic.org.

For the Compass Catholic Map, please visit https://compasscatholic.org/compass-money-map/

 

 

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 ———

Raise Money Smart Kids

Raise Money Smart Kids

June 3, 2020

Raising money smart kids starts even before you get pregnant. Talking about all aspects of money when you are engaged includes discussions about how well you were trained by your parents to be fiscally responsible. What did your parents teach you that was valuable to you as an adult? What do you wish they had taught you? These questions lead to deep discussions between you and your future spouse on how you want to teach your children about handling money.

The Compass Catholic blog has more about raising money smart kids.

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