It's time to step into your role as a financial disciple! Compass Catholic's Change Maker Podcast provides practical tips for anyone who is struggling to live IN this world while not living OF this world. Join Caitlyn Kano, Executive Director of Compass Catholic, as she explores personal money management through a spiritual lens. We discuss personal finance topics, provide tips and practical advice and share our money stories, all from an authentically Catholic viewpoint. You don't need a high net worth to start living a rich live! To learn more about Compass Catholic Ministries, visit www.CompassCatholic.org. To be a part of this show, send an email to Podcast@CompassCatholic.org.
Episodes
Monday Feb 17, 2020
Monday Feb 17, 2020
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.
Wednesday Feb 12, 2020
Wednesday Feb 12, 2020
Money can ruin a marriage or make it stronger. Couples who are opposites when it comes to money can be in never ending conflict unless they find a way to work together.
Surveys show that couples who talk about money, share financial goals and make joint financial decisions report happier marriages than those who don’t.
The Compass Catholic blog and podcast this week are about why it is so important for couples to work together to manage money in their marriage.
Wednesday Feb 05, 2020
Wednesday Feb 05, 2020
No matter how careful you are when buying goods or services, you may run into problems and when that happens, here are tips on how to get your complaint heard and resolved:
- Be very clear about the problem
- Define the resolution you expect
- Mention the company’s reputation
- Follow the complaint process if there is one
- Complain using e-mail, or in person, rather than phoning
- Keep track of the details
- Use social media
- If you don’t get the response you want, say so
- Take it to the next level
The Compass Catholic blog has more details about how to complain and get the resolution you want.
Wednesday Jan 29, 2020
Wednesday Jan 29, 2020
The failure rate for keeping new year resolutions is 80%. What seems like a good idea at the time can turn into drudgery if you don’t have a solid plan in place for how to actually keep the resolutions you make—whether you make them at the beginning of the year or the middle of July.
Here are 7 Steps to help you keep those resolutions:
- Make one or two resolutions, not more
- Define the reason you want to make the change
- Make sure your resolution is achievable
- Make your resolution part of a long term goal
- Make the resolution very specific
- Automate as much as you can
- Check you progress regularly
The Compass Catholic blog has more details about the above suggestions for actually making the change you want in your life.
Wednesday Jan 22, 2020
Wednesday Jan 22, 2020
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.
Wednesday Jan 15, 2020
Wednesday Jan 15, 2020
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.
Wednesday Jan 08, 2020
Wednesday Jan 08, 2020
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.
Wednesday Jan 01, 2020
Wednesday Jan 01, 2020
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.
Wednesday Dec 25, 2019
Wednesday Dec 25, 2019
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.
Wednesday Dec 18, 2019
Wednesday Dec 18, 2019
Financial advice comes in so many shapes and sizes that it can be overwhelming. The simplest way to get control of your finances is to spend less than you make. It’s that simple!
Consistently spending less than you earn will ensure your financial success a lot faster than any other financial advice you can get.
The Compass Catholic blog has more ideas about keeping it simple!