Faith & Finance

“A soft answer turns away wrath, but a harsh word stirs up anger.” - Proverbs 15:1 That verse reminds us to keep a cool head when we experience conflict or crisis in a relationship—and maybe even more…when that crisis involves the marriage relationship. Howard Dayton joins us today to talk about surviving a marriage crisis. Howard Dayton is the founder of Compass Financial Ministry and the former host of this program. He is also the author of several books on Christian Finance and Stewardship, including Money and Marriage God's Way. Recognizing the Warning Signs of a Marital Crisis Marriage challenges can emerge when stress or unresolved conflicts grow too intense for a couple to manage. Financial struggles, in particular, often go beyond “dollars and cents” and can breed emotions like anger, resentment, and frustration. This strain can lead to poor communication or even emotional withdrawal. A financial crisis in marriage becomes incredibly complex when both partners contribute to it, eroding trust in the relationship. People handle crises differently; some respond with intense emotions, while others may withdraw and become more introspective. Howard emphasizes the importance of allowing each spouse to process the situation in their own way while offering mutual support. In times of difficulty, a marriage can either strengthen or weaken. Interestingly, the pain of a crisis can also spark positive change, prompting impulsive spenders to become more mindful or encouraging couples to deepen their relationship with Christ. Practical Steps to Work Through Marital Conflict To support couples facing a financial crisis, here are a few practical steps to guide healing: Pray Together for WisdomSet Ground Rules for CommunicationUse Kind WordsWrite Letters to Each OtherIdentify and Repent of Any SinsSeek the Source of the HurtWork to Rebuild the MarriageSeeking Outside Help When Needed If these steps don’t resolve the crisis, it may be time to seek outside help. A qualified, mature Christian counselor can offer valuable guidance when a couple is unable to work through challenges on their own. Of course, there are situations where divorce may occur due to abuse, adultery, or addiction; however, many marital issues can be overcome with commitment from both partners. The goal of financial unity in marriage is to make decisions together, listen to each other, and view finances as a shared resource. This oneness fosters trust, transparency, and partnership in every area of life. For more on this topic, check out Howard Dayton’s book, Money and Marriage God’s Way, which delves deeper into building a unified financial and marital life. On Today’s Program, Rob Answers Listener Questions: Resources Mentioned: Compass Financial MinistryMoney and Marriage God’s Way by Howard DaytonFamilyLife BlendedLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

Bonds are considered safe investments but also a bit boring. Is that true, though? In the investing world, all the drama, for good or ill, is in the stock market. It’s up, it’s down, you get the picture. However, bonds also have an interesting story, and Benjamin Bailey is here to tell us about it. Benjamin Bailey is Vice President of Investments and Senior Fixed Income Manager at Praxis Mutual Funds, an underwriter of Faith & Finance. Introduction to Bonds and Stocks Bonds play a unique role in building a well-rounded investment portfolio compared to stocks. Stocks represent ownership in a company—owning a small piece of a business like Verizon or Lowe's. Investors typically buy stocks hoping for price appreciation, aiming to sell them for more than they paid. Bonds, however, function differently. When a large company needs significant funding, they may issue bonds to raise capital, allowing investors to “lend” the company money. In return, bondholders receive interest payments (often bi-annually) and get their initial investment back when the bond matures. Bonds may not offer the same potential for big gains as stocks, but they tend to provide more stability. Why Bonds Belong in a Diversified Portfolio Bonds are often recommended as part of a diversified portfolio, especially as investors approach the time when they’ll need to withdraw funds. If you’re using a portfolio to fund your retirement or a significant life expense like college tuition, bonds help protect against sudden stock market dips. With time to weather market fluctuations, younger investors may not need as much exposure to bonds. Still, bonds add stability, allowing investors to rebalance effectively if stocks fall sharply. Individual Bonds vs. Bond Funds Investors can choose between individual bonds and bond funds. While individual bonds can be appealing for their specific returns, they’re less liquid, meaning buying and selling them is harder. Bond funds offer better liquidity and diversification, often containing hundreds of individual bonds. This way, if one bond in a fund doesn’t perform well, it impacts only a small fraction of the portfolio, unlike holding a larger portion in individual bonds. High Yield Bonds: The Balance of Risk and Reward High-yield bonds offer higher potential returns than regular bonds but come with higher risk. While they’re generally safer than stocks, they’re riskier than average bonds. High-yield bonds can increase returns but should be balanced to avoid excessive risk in your bond allocation. Interest rates heavily impact bond performance. Bonds faced challenges during periods of rising interest rates. However, with higher starting yields now available, bond investments may provide better protection against downside risks moving forward. When considering bonds' role in your portfolio, it's helpful to focus on future potential rather than past performance. Faith-Based Investing and Impact Bonds An exciting development in the bond market is faith-based investing, where investments align with personal values. Faith-based bond funds screen out companies involved in industries like alcohol, tobacco, and gambling, allowing investors to support ethical practices. Praxis Mutual Funds, for example, offers “impact bonds” that fund positive social projects, such as social bonds issued by the African Development Bank to support initiatives like Power Africa. A bond portfolio can balance traditional bonds with impact bonds, allowing for both financial returns and social benefits. At Praxis, about 35% of the bond fund consists of impact bonds, which they feel is the appropriate level for diversification and positive impact. For those interested in learning more, Praxis Mutual Funds offers a range of resources, including their annual impact report. This is a great way to see how investments are actively making a difference. Visit PraxisMutualFunds.com to explore more about their equity and impact bond funds. On Today’s...

Christmas is six weeks away, and some folks may already be feeling the stress. The holidays should be a time of spiritual reflection and reconnection with family and friends…but too often, we lose sight of that in the quest for perfection. Crystal Paine is here to help us stay focused on the actual “reason for the season.” Crystal Paine is the founder of MoneySavingMom.com and the author of The Time-Saving Mom: How to Juggle a Lot, Enjoy Your Life, and Accomplish What Matters Most. 1. Start with a Christmas Budget One of the best ways to enjoy a stress-free holiday is by setting up a Christmas budget. A budget is like a set of guardrails—it keeps you on track, preventing you from overspending or going into debt. Here’s a simple way to create one: Determine Your Total Spending Limit: List Your Recipients: Track Your Spending:FaithFi appBy creating a budget, you’ll know exactly what you have left to spend without sacrificing your financial well-being for the New Year. 2. Plan Your Holiday Shopping If you tend to overspend during holiday sales, using cash-only or prepaid gift cards is a great way to ensure you stick to your budget. Here are some extra tips: Shop with Gift Cards:Use Deal Sites:MoneySavingMom.comRetailMeNot.comBest Shopping Times:With some planning, you can keep your shopping affordable and enjoyable. 3. Keep Holiday Cooking Manageable Holiday cooking can be a joy, but it can also become a significant source of stress. It’s advised that you embrace shortcuts where possible: Use Pre-Made Ingredients:One Baking Night:These small changes can bring balance to your holiday kitchen, making it a time of joy rather than stress. 4. Share the Hosting Responsibilities If you’re hosting family or friends, don’t be afraid to ask guests to contribute. Include a note in your invitation encouraging each family to bring a dish. Not only does this lighten your load, but it also makes the event more collaborative and enjoyable for everyone. 5. Make a Family “December Bucket List” To bring your family closer during the holiday season, consider creating a “December Bucket List.” Here’s an example: Each Family Member Chooses an Activity: Add It to the Calendar:This approach ensures everyone has a voice and the season feels special without overloading your calendar. 6. Keep Christ the Center of Christmas Above all, remember the reason for the season. Using an Advent calendar or devotional is an excellent way to keep the focus on Christ for you and your family. Unwrapping the Greatest Gift: A Family Celebration of Christmas by Ann Voskamp is a fantastic advent devotional if you’re looking for a resource for your family to go through this Christmas season. Each day includes a devotional and an ornament symbolizing the story of Christ. This daily ritual not only reminds everyone why we celebrate but also keeps the true spirit of Christmas in the heart of your home. As we approach Christmas, let’s aim to make it a season of joy and reflection rather than stress. With a budget, some planning, and a focus on Christ, we can enjoy a holiday that brings peace, love, and lasting memories. On Today’s Program, Rob Answers Listener Questions: Resources Mentioned: MoneySavingMom.comUnwrapping the Greatest Gift: A Family Celebration of Christmas by Ann VoskampFastWeb.comPeterson’s Scholarship SearchScholarships.comChristian Credit CounselorsLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

If you’ve ever thought you view the world differently than others—that has probably never been more true. A new study has revealed a sharp drop in the number of Americans with a biblical worldview. Chad Clark joins us today with his insights. Chad Clark is the Executive Director of FaithFi: Faith & Finance and the co-author of Look at the Sparrows: A 21-Day Devotional on Financial Fear and Anxiety. The State of the Biblical Worldview Recent findings from the 2023 American Worldview Inventory conducted by Arizona Christian University. This survey, led by Dr. George Barna, polled over 2,000 Americans on topics like marriage, money, and morals. The results were surprising: only 4% of American adults hold a biblical worldview, a percentage that has been on a steady decline. Particularly concerning, just 1% of those under 30 identified with a biblical worldview. The survey further revealed that even among self-identified Christians, only 6% hold a biblical worldview. This means that a significant majority—94%—are influenced more by cultural values than by God’s Word. Our Faith Should Transform Our Worldview While these statistics may be disheartening, it’s helpful to remember that salvation isn’t about having “correct” answers but about grace through faith in Jesus Christ. This faith, rooted in scripture, is meant to shape every aspect of our lives. The Apostle Paul reminds us in Romans 12:2, “Do not be conformed to this world, but be transformed by the renewal of your mind.” We are called not just to know biblical truth but to be transformed by it daily. Renewal of the mind is a daily journey. Psalm 119 encourages us in this pursuit: “In the way of your testimonies, I delight as much as in all riches... I will delight in your statutes; I will not forget your word.” This verse reminds us that God should be our ultimate treasure, surpassing all earthly riches. At FaithFi, we strive to help Christians view God as their ultimate treasure, particularly in an area where many struggle: money. Worldly values often dictate how we perceive and use money, but as believers, we are called to manage it as stewards of God’s resources. A biblical worldview impacts not only our values but also how we handle our finances. FaithFi's mission is to teach, equip, and encourage Christians to allow God’s Word to shape their views on money. It’s not just about learning financial principles—it’s about a transformation of the heart that influences how we manage what God has given us. How You Can Make a Difference As we approach the end of the year, we invite you to partner with us in spreading this message. Whether you’ve been positively impacted by FaithFi’s work or are hearing about us for the first time, now is an exciting time to join us. A generous group of donors has set up a $150,000 match, meaning every dollar you give to FaithFi until December 31 will have double the impact. To learn more and to make your contribution, visit FaithFi.com/Impact. Together, we can encourage more Christians to embrace a biblical worldview in every area of life, including finances. Thank you for your support and for joining us in this mission. Every gift matters, and with the match, it can go twice as far! On Today’s Program, Rob Answers Listener Questions: Resources Mentioned: List of Faith-Based Investment FundsFaithFi.com/ImpactLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

The Bible is full of wisdom on managing money and possessions, yet there are common beliefs about wealth that are simply unbiblical. These misconceptions can lead people away from God’s truth about finances, creating confusion and stress. Let’s examine five of these myths and explore what the Bible actually teaches. 1. The “I Win, You Lose” Mentality One widespread belief is that money is a zero-sum game: for someone to have more, someone else must have less. This scarcity mindset fuels anxiety and fear, making people view wealth as something limited. Scripture, however, reveals God’s generosity and ability to provide abundantly. In Psalm 50:10, God reminds us that He “owns the cattle on a thousand hills.” Jesus also demonstrated abundance in Matthew 14:13-21 when He fed five thousand with just five loaves and two fish, leaving behind twelve baskets of leftovers. God is not restricted by human limitations; His resources are limitless, allowing us to live with trust rather than fear. 2. Building Wealth Is Selfish Some believe building wealth is inherently selfish and contrary to a life of faith. However, the Bible encourages us to grow wealth wisely for God’s Kingdom. In Proverbs 13:11, we learn, “Wealth gained hastily will dwindle, but whoever gathers little by little will increase it.” Wealth can be a tool for godly stewardship, enabling us to bless others. Building wealth isn’t about hoarding; it’s about using resources to serve others and accomplish God’s purposes. We can earn, save, and give generously with careful stewardship to impact lives and glorify God. 3. More Money Equals More Happiness Another myth is that more money will bring more happiness. Many pursue wealth, believing it will lead to contentment and fulfillment, yet Ecclesiastes 5:10 warns us, “Whoever loves money never has enough; whoever loves wealth is never satisfied.” True joy comes not from wealth but from a relationship with Christ. The Apostle Paul beautifully illustrates this in Philippians 4:12-13, “I have learned the secret of being content in any situation, whether well fed or hungry, whether living in plenty or in want. I can do all things through Him who gives me strength.” True contentment comes from God, not from financial abundance. 4. Only 10 Percent Belongs to God Tithing often stirs debate, but the heart behind our giving matters most. Viewing only ten percent as God’s and the rest as ours is misleading; everything we have belongs to God. This mindset risks making generosity about pride, as if giving more makes us better Christians. When we recognize God’s ownership of all things, our giving becomes a humble response to His generosity. As Deuteronomy 10:14 says, “To the Lord your God belong heaven and the heaven of heavens, the earth with all that is in it.” Like David prayed, “Everything comes from you, and we have given you only what comes from your hand.” 5. Giving More Money Means Receiving More Money The final myth is that if we give generously, God will always respond by giving us more money. While God blesses obedience and faithfulness, His blessings are not limited to financial gain. Blessings from God come in many forms—wisdom, peace, relationships, and spiritual growth. The Bible cautions against trying to “bargain” with God for financial returns. Giving should come from a heart of worship and gratitude, not from an expectation of receiving. God’s blessings often transcend wealth, fulfilling our deeper needs beyond money. These common myths about money can lead us away from God’s wisdom, yet by staying rooted in Scripture, we can find true financial peace. Understanding what the Bible really says helps us manage our resources faithfully, focusing on generosity, trust, and purpose. As we reject these unbiblical beliefs, we can steward God’s resources wisely, with an eternal perspective that honors Him. On Today’s Program, Rob Answers Listener Questions: Resources Mentioned: U.S. Department of Housing and Urban...

Having an emergency fund is great, but how can you ensure it’s there when you really need it? It’s easy to set aside money for a rainy day, but what happens when we start dipping into that fund for things that aren’t actually emergencies? The Bible has much to say about wisdom and preparation, and Proverbs 21:20 offers a powerful reminder: “Precious treasure and oil are in a wise man's dwelling, but a foolish man devours them.” This verse highlights the importance of saving rather than consuming everything we earn, urging us to be prepared for the inevitable challenges that come our way. An emergency fund is one of the most effective financial tools for navigating these moments. It provides a safeguard against unexpected expenses and helps you avoid unnecessary debt. Financial emergencies are almost a certainty in life. They can range from minor inconveniences, like a flat tire, to major setbacks, like a costly medical bill. Establishing an emergency fund reduces stress and provides a financial defense. While building wealth requires a good offense, protecting that wealth requires a strong defense, and an emergency fund is central to that strategy. How Much Should You Save? To get started, aim to save an introductory fund of $1,000 to $1,500 for minor emergencies. Once you’ve paid off all debt except for a mortgage and are taking advantage of any employer matching contributions, work toward a fully-funded emergency fund of three to six months’ worth of living expenses. This larger reserve will protect you from significant financial disruptions, such as job loss or a major health crisis. When to Use Your Emergency Fund: Three Key Questions Not every expense is a true emergency. Before tapping into your emergency fund, ask yourself these three questions: Is This Urgent?Is This Necessary?Is This Unexpected?Using Your Emergency Fund Wisely Even when an expense qualifies as an emergency, aim to spend as little as possible. Adjust your budget temporarily to make funds stretch further, and focus on replenishing your emergency fund as soon as possible. A well-funded emergency account provides more than financial security—it allows you to maintain peace of mind and continue giving generously, regardless of the circumstances. By preparing for the unexpected, you’re also equipped to live out your values, knowing you’re ready for whatever comes next. On Today’s Program, Rob Answers Listener Questions: Resources Mentioned: Christian Credit CounselorsLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

In 1897, hymn writer Johnson Oatman Junior penned the timeless words, “Count your blessings, name them one by one,” a refrain that has encouraged generations. It reminds us of the profound role gratitude plays in the Christian life. As Thanksgiving approaches, this theme of gratitude takes on even greater significance. Let’s look closer at Oatman’s hymn and the enduring truths it holds for us. The Importance of Gratitude Thankfulness isn’t just a holiday sentiment. It’s foundational to a life of faith. In 1 Thessalonians 5:18, we’re reminded to “give thanks in all circumstances; for this is God’s will for you in Christ Jesus.” Gratitude reorients our focus, reminding us of God’s faithfulness, especially in challenging times. As Oatman writes in the first verse: “When upon life’s billows you are tempest-tossed… Count your many blessings, name them one by one… And it will surprise you what the Lord has done.” By acknowledging God’s goodness, we find renewed strength even in hardship. Fear and doubt can feel overwhelming, but gratitude has the power to shift our perspective. Psalm 118:4-5 reminds us, “Out of my distress I called on the Lord; the Lord answered me and set me free.” Focusing on our blessings brings us peace, as Jesus reassures us in John 16:33: “In this world you will have trouble. But take heart! I have overcome the world.” Reflecting on God’s provision can dissolve doubts, replacing anxiety with trust. The hymn’s second verse emphasizes this: “Are you ever burdened with a load of care? … Count your many blessings, ev'ry doubt will fly.” When we reflect on God’s faithfulness, we are reminded of His constant presence and care, as David beautifully expresses in Psalm 23. Gratitude Refines Our Priorities Oatman’s third verse warns against comparing ourselves to others, stating: “When you look at others with their lands and gold… think that Christ has promised you His wealth untold.” Focusing on the eternal treasure we have in Christ brings contentment. Jesus offers a peace the world cannot give: “Peace I leave with you; my peace I give to you… Let not your hearts be troubled.” - John 14:27 Gratitude shifts our hearts away from jealousy toward contentment rooted in Christ. The hymn's refrain encourages a simple yet powerful practice: “Count your blessings, name them one by one… see what God has done.” When was the last time you paused to reflect on the blessings in your life? Set aside time today to list every blessing you can think of, big or small. It’s a great activity for the entire family—kids included—and you might be surprised at how much you have to be thankful for! Acknowledge the Giver of Every Good Gift While counting blessings is a valuable practice, as Christians, we’re called to take it one step further. James 1:17 reminds us: “Every good gift… is from above, coming down from the Father.” We should not only count our blessings but also recognize that every blessing is a gift from God. Take a moment to thank Him for each item on your list, and let gratitude renew your joy. Johnson Oatman’s hymn ends with a final reminder: “So, amid the conflict whether great or small… Do not be discouraged, God is over all.” Whatever you face, remember that gratitude can lift your spirit and strengthen your faith. Count your blessings, embrace gratitude, and remember God is with you through every trial. Let’s start counting today, knowing that our faithful God is at the heart of every blessing! On Today’s Program, Rob Answers Listener Questions: Resources Mentioned: Look At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where...

Psalm 82:3 says, “Give justice to the poor and the orphan, uphold the rights of the oppressed and the destitute.” This powerful verse reminds us of our responsibility to care for those in need. Today, we turn our attention to a ministry doing just that—India Partners, which is providing hope and rescue to the oppressed in India. David Harms has devoted nearly a decade of ministry to the work of India Partners, an underwriter of Faith & Finance. With over 35 years of experience in rescuing victims of human trafficking, India Partners continues to make a profound impact on the lives of the most vulnerable. The Horrific Reality in India India is a nation of contrasts—technologically advanced in many respects, yet home to nearly 300 million people living in extreme poverty. Among the most vulnerable are young girls, some as young as eight, who are trafficked into red-light districts and subjected to unimaginable horrors. These girls endure horrific conditions, facing abuse daily in slums filled with filth and open sewage. The purpose of this abuse is to break their spirits, forcing them to believe they have no escape and no hope of a future. India Partners, a ministry that has been rescuing victims of human trafficking for over 40 years, works tirelessly to save these young girls from this life of exploitation. Through their rescue efforts, they take these girls from the red-light districts to safe houses where they receive love, care, and, most importantly, the hope of Jesus. Safe Houses: A Place for Healing India Partners' safe houses offer full care, including room and board, private Christian education, medical attention, and trauma counseling. Each girl receives individual and group therapy to address the deep wounds inflicted upon them. Over time, these girls are not only physically rescued but spiritually healed, learning their true identity in Christ as beloved daughters of God. How You Can Help As stewards of God’s resources, we have a role to play in alleviating this suffering. You can partner with India Partners to bring hope and healing to these young girls. For just $8.89, you can underwrite a day of care for one girl. Visit IndiaPartners.org/faith to learn more and give generously. Your support of India Partners allows you to be the hands and feet of Jesus, offering rescue, healing, and hope to those in desperate need. Visit IndiaPartners.org/faith today and make a difference in the lives of India’s most vulnerable. On Today’s Program, Rob Answers Listener Questions: Resources Mentioned: India PartnersMovement MortgageUnderstanding Reverse: Simplifying the Reverse Mortgage by Dan HultquistLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

Marriage is a living relationship that requires constant care and attention. Dr. Gary Chapman, renowned author of The 5 Love Languages: The Secret to Love that Lasts, highlights this in his resource, A Couple’s Guide to a Growing Marriage. This Bible study helps couples invest in their marriage with a structured, intentional approach, ensuring their relationship grows stronger. Working on your marriage benefits not just the couple but also their children and the broader community. Strong marriages create strong families, which have a positive impact on society. For Christian couples, it’s essential to follow biblical principles for marriage, as the Bible has much to say about how to nurture this sacred relationship. What’s In The Study? This 12-week Bible study includes: Weekly Activities and Bible Study:Practical Exercises: Scripture Memorization:Daily Conversations:Topics covered include communication, expressing love, handling anger, and resolving conflicts—essential skills for any marriage. The Importance of Communication A key theme in the study is the importance of regular, honest communication. Marriages don’t drift together; they drift apart. Therefore, couples must intentionally spend time together, discuss their feelings, and address issues. By listening to each other with the goal of understanding, not arguing, couples can find solutions and strengthen their bond. Managing Finances Together One chapter focuses on making money an asset to your marriage while stressing the importance of financial transparency and fidelity. Managing money together is a significant part of marriage, and disagreements over finances are common. The study encourages couples to align on issues like giving, saving, and spending while working as a team to manage household finances. The Win: A Stronger, Healthier Marriage Couples who commit to this study will be better equipped to nurture a loving, supportive, and united marriage. Not only will they benefit, but their children will also see a healthy model of financial and relational teamwork. Dr. Chapman’s A Couple’s Guide to a Growing Marriage offers a pathway to the marriage every couple dreams of—one built on love, trust, and shared faith. On Today’s Program, Rob Answers Listener Questions: Resources Mentioned: A Couple's Guide to a Growing Marriage: A Bible Study by Dr. Gary ChapmanThe 5 Love Languages: The Secret to Love that Lasts by Dr. Gary ChapmanLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

“Test everything; hold fast what is good.” - 1 Thessalonians 5:21 In that verse, the Apostle Paul teaches that we should practice discernment in all things. We would include financial advice. One of the most common questions we receive is, "How can I choose a financial advisor who I can trust and who fits my financial situation?" Fortunately, there are practical steps you can take to ensure you find someone reliable, especially by starting with a Certified Kingdom Advisor (CKA). At FaithFi, we recommend beginning your search with Kingdom Advisors. With over 1,600 CKAs, these professionals are skilled in various financial disciplines and share your Christian values. You can easily connect with one by visiting our website and clicking "Find a Professional." When selecting a financial advisor, we always recommend interviewing two or three candidates to find the best fit. Below are key questions to help guide your conversations. 1. Experience and Qualifications These questions help you understand their background and expertise, ensuring they’re experienced in the areas you need help with. 2. Service Expectations These questions clarify what kind of service you’ll receive and help you set realistic expectations for timelines and communication. 3. Referrals and Reputation Asking about their reputation and seeking referrals ensures you work with someone respected and trustworthy. 4. Compensation Structure Understanding how fees are paid is critical. Ask how fees are structured and calculated to avoid surprises down the road. Take the Next Step Choosing the right financial advisor requires diligence. These questions will help you make an informed decision and find someone who aligns with your values and financial needs. We encourage you to begin your search with a Kingdom Advisor by visiting FaithFi.com and clicking “Find a Professional.” By following this process, you’ll connect with someone who offers expert financial advice and shares your faith and values. On Today’s Program, Rob Answers Listener Questions: Resources Mentioned: Motley FoolMorningstarMarketWatchSeeking AlphaYahoo FinanceAnnualCreditReport.comCredit KarmaLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

“Train up a child in the way he should go; even when he is old he will not depart from it.”- Proverbs 22:6 God’s Word tells us that children should be taught early how to live wisely and righteously, including how to handle money. Howard Dayton is here to explain why it’s especially important to teach kids about the dangers of debt. Howard Dayton is the founder of Compass Financial Ministry and the former host of this program. He is also the author of a number of books on the topic of Christian Finance and Stewardship. The Little-Big Principle: Starting Small The Little-Big principle is based on Luke 16:10: “He who is faithful in a very little thing is faithful also in much.” This principle encourages parents to start small when teaching children about money. The idea is to give kids small amounts to manage, like nickels and dimes, and then gradually increase the amount as they prove responsible. Eventually, they’ll be prepared to manage larger amounts of money. Parents should aim to steadily increase their children’s financial responsibilities so that by the time they’re seniors in high school, they’re independently managing most of their finances, aside from essentials like food and shelter. They should also be as systematic in teaching children about money as schools teach them to read and write—starting with the basics and progressing over time. When children reach their junior year in high school, they should open a checking account and get a secured credit card. This allows them to learn critical skills, like reconciling budgets and paying off balances in full each month. Developing these habits early on can set them on a path to financial freedom and help them avoid debt throughout their lives. The MVP Parenting Method: Model, Verbalize, and Provide Practical Opportunities The MVP method—modeling, verbal communication, and practical opportunities—is a very beneficial framework for teaching children about money. All three are essential for training children to be good stewards of God’s resources. 1. Modeling Parents must lead by example. In 1 Corinthians 11:1, Paul said, “Follow my example, as I follow the example of Christ.” Children learn by watching their parents handle money wisely, so parents need to demonstrate sound financial stewardship. Whether budgeting, giving, or avoiding debt, children are more likely to adopt these habits when they see them modeled in everyday life. 2. Verbal Communication The Bible instructs us to teach our children about God’s ways consistently. Deuteronomy 6:6-7 encourages parents to impress God’s commandments upon their children and talk about them regularly. Parents should frequently discuss biblical financial principles with their kids, helping them understand how these truths apply to their own lives. 3. Practical Opportunities Giving children opportunities to apply what they’ve learned is essential. Hands-on experiences help children understand the impact of debt in a tangible way. Resources for Financial Discipleship For parents looking to dive deeper, Howard Dayton and Compass Financial Ministry offer a resource titled Financial Discipleship for Families: Intentionally Raising Faithful Children. This book provides more detailed guidance on teaching kids about finances from a biblical perspective and is available through Amazon or Compass Financial Ministry’s website. Teaching kids about money doesn’t happen overnight. It’s a process that requires modeling good habits, consistent communication, and providing practical opportunities for them to learn. By applying the Little-Big principle and becoming MVP parents, you can equip your children with the financial wisdom they need to be faithful stewards of God’s resources for a lifetime. For more tools and resources, visit Compass Financial Ministry at CompassFinancialMinistry.org. On Today’s Program, Rob Answers Listener Questions: Resources Mentioned: Compass Financial MinistryFinancial Discipleship for Families:...

The Fed is scheduled to meet next week. Will it lower interest rates again? With one rate cut already on the books and perhaps two more coming before the end of the year…folks are wondering what effect all this will have on mortgages and home sales. Dale Vermillion joins us today to talk about it. Dale Vermillion is the author of Navigating the Mortgage Maze: The Simple Truth About Financing Your Home. This book covers everything you need to know about securing a mortgage—all from a biblical perspective. Current Mortgage Rate Trends With recent shifts in the economy, many are wondering about mortgage rates and how decisions from the Federal Reserve impact them. While the Fed recently lowered interest rates by half a percent, the market already anticipated this move. Mortgage rates dropped nearly a full percent before the Fed’s decision, but they’ve since started to climb back up. Currently, the national average for mortgage rates sits between 6.30% and 6.40%, and experts predict that they will remain in the low to mid-6% range for the rest of the year. For those hoping rates drop below 5%, it’s unlikely to happen anytime soon. Leading analysts say we likely won’t see those numbers until 2025 or later. Despite the changes in interest rates, home sales have remained relatively flat. While there has been a slight increase in home purchases, with mortgage locks up by 8% from last year, the real activity may come from new construction. Existing homeowners are holding on to their properties due to the so-called "rate lock effect," where people are reluctant to sell because they have locked in low mortgage rates. However, once rates drop, we’ll most likely see a surge in home sales around 2025 and 2026. Should You Buy or Refinance Now? For those trying to decide whether to buy a home or refinance, there are pros and cons in every market, but several factors are working in favor of buyers right now: Lower Rates:Less Competition:If you’re renting, it may be a good time to buy as long as you can afford the monthly payments. Buying a home builds equity and provides tax benefits, making it a financially sound decision for many. When it comes to refinancing, do not refinance if it means extending the term of your mortgage. Extending your loan term will wipe out any savings you gain from a lower rate, costing you tens of thousands of dollars in the long run. Only refinance if you can lower your payment while keeping or shortening your mortgage term. Seeking Wisdom in Home Financing Biblical principles should guide all of our financial decisions, including home financing. Romans 13:8 tells us, "Owe no one anything except to love each other." This verse reminds us that as stewards of God’s resources, we should aim to live debt-free and manage our finances responsibly. Navigating the mortgage market can be challenging, but by staying informed and grounded in biblical principles, you can make wise decisions that honor God and secure your financial future. Whether buying your first home or considering a refinance, start with a budget and avoid taking on unnecessary debt. Always ensure your financial decisions align with God’s Word and your long-term financial goals. For more insights on mortgage financing and faith-based financial wisdom, you can explore Dale’s book, Navigating the Mortgage Maze: The Simple Truth About Financing Your Home, and continue to seek guidance on making informed, biblically sound decisions in your financial life. On Today’s Program, Rob Answers Listener Questions: Resources Mentioned: Navigating the Mortgage Maze: The Simple Truth About Financing Your Home by Dale VermillionList of Faith-Based Investment FundsLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800)...

Why do you suppose Jesus had so much to say about money and possessions? Our Lord and Savior knew that how we handle money can reveal our spiritual priorities. Every financial decision has a spiritual component, which can even be true of our investing. Bob Doll joins us today to answer, “Why should we strive for faith-based money management?” Bob Doll is the CEO and CIO of Crossmark Global Investments. He regularly contributes to Faith and Finance and other media outlets, such as Bloomberg TV, Fox Business, and CNBC. The Mission of Crossmark Global Investments Crossmark Global Investments is one of the few faith-based money management companies dedicated to helping people align their investments with their faith and values. They are faith-based money managers helping people align their investments with their faith or values while still achieving good investment performance. The goal is not just financial gain but to ensure investments reflect biblical principles. Crossmark offers both screened and unscreened products to cater to diverse client needs, always seeking to provide risk-adjusted returns that align with Christian values. Types of Investment Solutions: Steward Funds and Separately Managed Accounts Crossmark’s investment solutions fall into two main categories: Steward Funds and Separately Managed Accounts (SMAs). Steward Funds are mutual funds designed to reflect biblical values by screening out companies whose business practices conflict with Christian principles. Crossmark currently offers nine such funds, covering a wide range of stocks and bonds. Separately Managed Accounts allow for even more customization. Investors can exclude specific industries or companies that conflict with their personal convictions or include sectors they wish to support. Crossmark also offers unscreened investments for those who prefer to focus solely on financial performance. These flexible solutions allow investors to have a truly personalized faith-based portfolio. What Is Faith-Based Investing? Faith-based investing (FBI), or biblically responsible investing (BRI), integrates Christian values into financial decision-making. Investing is just one part of life, but all aspects of life should be aligned with God's Word. It’s a matter of holiness and becoming more Christlike. This isn’t just about avoiding “bad” investments (like companies involved in industries that don’t align with biblical values). It’s also about positively investing in companies that act responsibly toward employees, communities, and the environment. It also encourages us to think about the moral implications of our investments. How we earn, spend, and invest money reflects our hearts and faith. Aligning investments with Christian values is a practical way to live out our faith. By doing this, investors can be good stewards of God’s gifts and honor Him in their financial decisions. Dispelling the Myth: Do Faith-Based Investments Sacrifice Performance? One common misconception is that faith-based investing requires sacrificing financial returns. Studies from institutions like Wharton, Oxford, and Biola University have shown that faith-based portfolios can perform just as well as secular ones. Crossmark’s portfolio managers are measured against the same benchmarks as other investors, ensuring that faith-based investments can provide competitive returns. It is essential to work with someone who understands the importance of aligning financial decisions with your faith. Kingdom-minded financial advisors, like those certified by the Certified Kingdom Advisor (CKA) program, specialize in helping Christians invest in ways that reflect biblical values. Aligning Your Investments with God’s Word Crossmark Global Investments offers a range of solutions, from mutual funds to customized accounts, that allow individuals to invest in a way that reflects their faith. As Christians, we must view money as a resource entrusted to us by God. By aligning our...

If you’re self-employed, a contractor, or a small business owner, you’re probably familiar with the ups and downs of variable income. In some months, your earnings may exceed your expectations, while in others, they may fall short. This makes budgeting a little more complex—but not impossible! Let’s walk through how to create a budget tailored to your fluctuating income. Start by Finding Your Average Income The first step is to look at what you know. Review your income from the past six to 12 months and total it. Then, divide that total by the number of months to find your average monthly income. This figure will serve as the foundation for your budget, helping you set realistic expectations. You’ll make more than this average in some months, and in others, you'll make less. That’s okay—as long as you plan for it. Save Excess Income for Lean Months Here’s the critical piece: In the months you earn more than your average, save the excess. This savings will buffer those lean months when you don’t meet your income target. Even when you have extra at the end of the month, resist the urge to spend it. Treat your budgeted amount as your spending limit, and let the surplus bolster your savings. One effective way to manage this process is to funnel all your income into savings and set up an automatic transfer of your budgeted amount into checking each month. This way, you only spend from checking and staying within your budget. As you get started, you might find your budget doesn’t quite match your actual spending. That’s normal. Track your spending closely and revisit your income average every six months to make necessary adjustments. Over time, your budget will become more accurate as you get a better handle on your fluctuating income. Tips for Building Your Budget Whether your income is variable or steady, here are a few tips to set up your budget successfully: Track Your Spending:Plan for Non-Recurring Expenses:Build a Category-Based Budget:Bring Your Budget in Line with Your Goals Once you’ve drafted your budget, ensure it aligns with your financial goals and priorities. If your spending exceeds your income, it’s time to trim back and make changes. Discretionary spending—like dining out, entertainment, and shopping—is often the first place to cut. The FaithFi app’s digital envelope system can help manage these areas effectively. It’s tempting to think that budgeting isn’t necessary, especially if it feels complicated or tedious. But the truth is, living without a budget makes spending less than you earn nearly impossible—and that’s key to financial success. Without a solid budget, debt can creep in, and saving for the future becomes challenging. A budget, or spending plan, gives every dollar a purpose. It allows you to maximize your giving and saving while ensuring your spending reflects your values. Biblical Principles for Wise Money Management Whether you earn a little or a lot, it’s important to remember that we’re called to be wise stewards of the resources God has given us. Proverbs 27:23 reminds us to “know well the condition of your flocks, and give attention to your herds.” For us, this means knowing how much money is coming in, how much is going out, and where it’s going. A spending plan helps us faithfully manage God’s resources. With a little planning and discipline, even those with variable incomes can have a budget that honors God and sets them up for financial success. By following these steps, you’ll discover that budgeting with a variable income is possible and can lead to a life of greater financial peace and generosity. On Today’s Program, Rob Answers Listener Questions: Splitting HeirsResources Mentioned: Christian Credit CounselorsCreate A Thriving Family Legacy: How To Share Your Wisdom And Wealth With Your Children And Grandchildren by Jeff RogersSplitting Heirs: Giving Your Money and Things to Your Children Without Ruining Their Lives by Ron BlueLook At The Sparrows: A 21-Day Devotional...

There’s a saying, “Any port in a storm.” Does that apply to your savings? The economic waters seem choppy these days, so where’s a safe harbor for your savings that still gives you a return? Aaron Caid helps you plot a course for your money today. Aaron Caid is the Chief Marketing Officer at Christian Community Credit Union, an underwriter of Faith & Finance. Understanding Savings Options If you've ever wondered which one is right for you, here are the basics of each type of account so you can determine which best suits your needs. Savings Accounts: The Basics Savings accounts are a safe, insured, and highly liquid option. Most people use them in tandem with checking accounts, making them ideal for new or low-dollar savers. One downside is that interest rates can be lower than other products, as they fluctuate with market conditions. However, CCCU offers a high-yield savings account that provides competitive returns and is a great option for those looking to grow their savings. Money Market Accounts: A Step-Up Money market accounts are another safe and insured option. These accounts often provide higher interest rates than savings accounts, and the more you deposit, the higher the rate you’ll typically receive. However, it’s important to distinguish between money market accounts (which are insured) and money market mutual funds (which are not). Money market accounts are an excellent option for those with larger balances who are still looking for liquidity. Certificates of Deposit (CDs): Locked-in Rates CDs are a solid choice for those seeking higher interest rates and willing to lock their money away for a set period. These accounts offer fixed rates for terms ranging from a few months to several years. While CDs are less liquid—meaning withdrawing early can lead to penalties—they provide stability and typically offer better returns than savings or money market accounts. CCCU offers various CD options that align well with long-term savings goals. U.S. Savings Bonds: Safe, But Long-Term U.S. savings bonds offer another secure savings option backed by the U.S. government. A unique benefit is that earnings are often exempt from state and local taxes, and some bonds adjust with inflation, providing a hedge against rising costs. However, bonds are a long-term commitment with maturities typically lasting 20 to 30 years. While they’re less liquid, with penalties for early withdrawal, they can be a solid option for those with a long time horizon. Choosing the Right Option for You So, how do you choose the right savings vehicle? There are three key factors to consider: Time Horizon:Liquidity Needs:Risk Tolerance:Why Choose Christian Community Credit Union? CCCU has been a trusted banking partner for Christians for over 67 years. Not only are deposits insured up to $250,000, but they also have competitive rates on high-yield savings, money market, and CD accounts. To date, they have donated more than $6 million to ministry and mission projects in the U.S. and around the globe. Simply put, your everyday purchases help change lives. If you want to learn more, visit joinchristiancommunity.com to explore your savings options with a faith-based approach. On Today’s Program, Rob Answers Listener Questions: Resources Mentioned: Christian Community Credit UnionList of Faith-Based Investment FundsLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

“No one can serve two masters, for either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve God and money.” - Matthew 6:24 Serving two masters is not merely an economic or social concern but is profoundly spiritual. It touches on what it means to be a follower of Christ, challenging us to examine what truly governs our lives. Taylor Standridge joins us today to talk about it. Taylor Standridge is the Production Director of FaithFi: Faith & Finance and the co-author of Look At The Sparrows: A 21-Day Devotional on Financial Fear and Anxiety. Overcoming Financial Anxiety with Faith Many struggle with financial worries—bills, job security, or retirement savings—leading to sleepless nights and constant stress and anxiety. Look at the Sparrows addresses these concerns by guiding readers through biblical teachings that reveal a path to peace. It emphasizes that true security doesn’t come from money but from trusting in God’s provision and grace. This 21-day devotional reminds us of God’s love and His role as our ultimate source of security. Serving God vs. Serving Money One key theme in Look at the Sparrows is the contrast between serving God and serving money, inspired by Jesus’s teachings in Matthew 6. While not inherently bad, money often represents worldly values like wealth, power, and status that can draw us away from God. The devotional encourages readers to recognize that money is a tool—a good gift from God to be used for His purposes. However, if we believe money can provide the security and identity that only God offers, it can become a form of idolatry that distracts us from a life centered on faith. Larry Burkett put it well: “The love of money is a form of idol worship, just as surely as the worship of pagan images. It is not the money that is the problem; it’s the attitude toward it.” The Bible has 2,350 verses about money and stewardship because money often competes with God for our trust and loyalty. Ecclesiastes 5:10 is a stark reminder for all who are chasing after wealth’s promise of satisfaction: “He who loves money will not be satisfied with money, nor he who loves wealth with his income; this also is vanity.” - Ecclesiastes 5:10 Pursuing wealth always leaves people empty, while a life focused on God’s provision leads to true fulfillment. Danger Signs You May Be Serving Money The devotional offers practical guidance to help believers identify when money might be taking priority over God: Prioritizing Work Over God:“If rest feels like a sin, work is an idol.”Never Feeling Satisfied:Reluctance to Give Generously:Shifting from a Scarcity Mindset to Abundance The “scarcity mindset” often underlies financial anxiety. Scarcity can lead us to focus on our own needs, creating envy and conflict. Yet, Scripture calls us to a different approach—one of generosity and trust in God’s abundance. As Paul teaches in Philippians 2:3, we are to “count others more significant than ourselves,” living with a spirit of selflessness. Jesus exemplifies this mindset in stories like The Feeding of the 5,000 (Matthew 14:13-21), where He provided for the crowd’s immediate needs and did so with abundance, leaving twelve baskets of leftovers. This act of generosity illustrates God’s ability to exceed expectations, reminding us that His provision is more than enough. In times of financial stress, Look at the Sparrows invites readers to trust God’s endless generosity and shift their perspective from scarcity to abundance. As we align our hearts with this truth, we open ourselves to a life where we see God as the ultimate provider and experience the joy and peace that come from His love. How to Get a Copy of Look at the Sparrows If you want to transform your approach to money through faith and find peace in God’s provision, you can request a copy of Look at the Sparrows by making a gift of $25 or more at FaithFi.com/sparrows. Those who become a FaithFi Partner...

These days, more workers are opting to stay on the job after signing up for Social Security. The percentage of Americans over 65 who are still working has doubled since 1980. Of course, many of them also get security benefits. Eddie Holland is here to explain how working affects the monthly benefit check. Eddie Holland is a Senior Private Wealth Advisor and partner of Blue Trust in Greenville, South Carolina. He’s also a CPA, a Certified Financial Planner (CFP®), and a Certified Kingdom Advisor (CKA®). The Impact of Earnings on Social Security Before Full Retirement Age If you begin drawing Social Security before reaching your full retirement age (FRA) and continue working, your benefits may be subject to an earnings test. Here’s how it works: Under Full Retirement Age:Year You Reach Full Retirement Age:After Reaching Full Retirement Age:Will You Get Reduced Benefits Back? A key point is that if your benefits are reduced due to exceeding the earnings limit before reaching FRA, those reductions are temporary. Once you reach full retirement age, the Social Security Administration recalculates your benefit amount, potentially increasing your monthly payment to compensate for the prior reductions. After reaching full retirement age, you can increase your Social Security benefit through continued work. Social Security calculates your benefits based on your highest 35 years of earnings. If your current income is higher than one of the years included in your "high 35," the Social Security Administration will adjust your benefit amount the following year, reflecting your new earnings record. Understanding Tax Implications Social Security benefits may be subject to federal taxes, depending on your “combined income”—a calculation that includes your adjusted gross income, tax-exempt interest, and half of your Social Security benefits. Here’s a quick breakdown: No Tax:Up to 85% Taxable:One strategy for reducing taxes on Social Security benefits, especially for those 70½ or older, is using a Qualified Charitable Distribution (QCD). This allows individuals to transfer up to $100,000 per year directly from their IRA to a charity, which can count toward their required minimum distribution and is excluded from taxable income. It’s a great way to support causes you care about while managing your tax burden. If you plan to work while receiving Social Security benefits, understanding how income limits and taxes affect your benefits is crucial. These guidelines can help you make informed decisions about when to claim benefits and how to maximize your income. On Today’s Program, Rob Answers Listener Questions: Resources Mentioned: BlueTrustChristian Community Credit UnionLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

“And you shall rejoice in all the good that the Lord your God has given to you and to your house…“ - Deuteronomy 26:11 God is worthy of all the praise we can give Him, but that’s not the only reason to be grateful for His blessings. Sharon Epps is here to tell us what happens when we rejoice in God’s provision. Sharon Epps is the president of Kingdom Advisors, FaithFi’s parent organization. Kingdom Advisors serves the broad Christian financial industry by educating and equipping professionals to integrate biblical wisdom and financial expertise. The Connection Between Gratitude and Generosity True generosity begins with a sense of gratitude. This gratitude comes from recognizing that we are made in God's image. As His image-bearers, we are inherently wired with traits like generosity. However, generosity is difficult to practice without first appreciating all that God has given us. We must take the time to regularly practice being grateful for life itself, our families, friends, and the resources God has entrusted to us. Most importantly, we should cherish the gift of Jesus Christ, who offers us eternal life. Living a grateful life involves intentional practices. One method that can help with this is keeping a gratitude journal. By taking a few minutes a day to write down a few things you are grateful for, you can find healing and growth. Cultivating this habit with discipline will help you maintain a thankful perspective, even when life is tough. How Gratitude Fuels Generosity Gratitude transforms how we see our resources, allowing us to live with an open hand. When we recognize that everything she has comes from God, it becomes easier to hold things loosely, knowing that God is our true provider. This perspective shift also helps us see new ways to be generous beyond financial giving. For example, gratitude can encourage us to practice hospitality, and appreciation for our unique skills can motivate us to use them to serve others. Ultimately, gratitude leads to humility, which makes us more aware of others' needs and eager to help. Keeping Gratitude at the Heart of Thanksgiving With Thanksgiving approaching, families must keep gratitude central during their celebrations. Simple but meaningful activities like going around the table and sharing what each person is thankful for. Another favorite idea is creating “construction paper placemats,” where each family member writes down a gratitude message for others. These activities help foster a spirit of thankfulness and bring families closer together during the holiday. Grateful living can transform our lives and our giving. By recognizing God’s gifts, expressing gratitude, and using our resources generously, we can impact others in meaningful ways. As we approach Thanksgiving, let’s make gratitude the foundation of our celebrations and carry that spirit with us throughout the year. On Today’s Program, Rob Answers Listener Questions: Resources Mentioned: Bankrate.comChristian Credit CounselorsChristian Community Credit UnionAnnualCreditReport.comLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

If you think there’s only one way to pay for healthcare, maybe it’s time to think outside the box of health insurance. Of course, health insurance is a great thing to have, but is it necessarily the best way to pay for healthcare costs? Lauren Gajdek joins us today to discuss medical cost sharing and how it might be a better option. Lauren Gajdek is the Vice President of Communications and Media at Christian Healthcare Ministries, an underwriter of Faith & Finance. What Are People Looking for in Healthcare? Many people are searching for options beyond traditional health insurance. CHM members often seek three key elements: Freedom to Choose Providers:Faith-Aligned Solutions:Lower Costs:CHM meets these needs by offering a healthcare solution that allows members to choose their providers and emphasizes a biblical approach to sharing medical expenses. Flexibility in Choosing Providers One significant difference with CHM is that it does not restrict members to a specific network of providers. This freedom is especially valuable in emergencies or when traveling, allowing members to access care without worrying about whether a provider is “in-network.” While they can assist members in finding cost-effective providers for planned procedures, the final choice remains with the member, offering a level of autonomy that traditional insurance often lacks. How Does Medical Cost Sharing Work? Medical cost sharing through CHM allows members greater control over their healthcare decisions. Unlike traditional insurance, no pre-approvals are required. If a medical expense falls within their guidelines, it becomes eligible for sharing among the membership. This means that decisions about care are made by the doctor and the patient without the bureaucracy typically associated with insurance. Why Is CHM More Affordable? CHM is often more cost effective than traditional health insurance due to its unique structure: Self-Pay Discounts:Strong Provider Relationships:CHMThe Importance of a Faith-Based Approach CHM’s foundation as a Christian ministry is central to its identity. The organization’s mission is rooted in biblical principles, emphasizing the importance of sharing each other’s medical burdens. This focus on community and mutual support makes them unique in healthcare solutions. It is a reminder that ministry comes first. CHM offers a flexible, faith-based alternative for managing healthcare costs, making it appealing to many believers. To learn more about how medical cost-sharing works or explore their services, visit chministries.org/faith. On Today’s Program, Rob Answers Listener Questions: Resources Mentioned: Christian Healthcare Ministries (CHM)Wise Women Managing Money: Expert Advice on Debt, Wealth, Budgeting, and More by Miriam Neff and Valerie Neff Hogan, JD.AnnualCreditReport.comLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

If you bought a house in the last couple of years, you’ve probably been wondering, “When can I refinance?” The Federal Reserve has already made one interest rate cut, and more are expected before the end of the year. So when will it make sense to refinance your mortgage? If you’re considering refinancing your mortgage, it’s crucial to weigh various factors before making a decision. Movement Mortgage provides a helpful article, "Refinancing? Calculate Your Break-Even Point First!", which explains when refinancing makes sense and how to determine if it's right for you. While lower interest rates are a common reason to refinance, it’s not the only factor to consider. What Is the Break-Even Point? One effective way to decide if refinancing is a good move is by calculating your "break-even point." This is when the savings from your lower monthly mortgage payments equal the costs of refinancing, which can range from 2% to 5% of the loan amount. Knowing this number can clarify how long it will take before you start to see financial benefits from the refinance. For example, if you’re refinancing a $200,000 mortgage, the closing costs might range from $4,000 to $10,000. If your new mortgage payment saves you $200 per month, it would take 20 to 50 months to break even. If it takes over 60 months to reach your break-even point, it might be wise to hold off on refinancing until rates improve further. Factors Impacting Your Break-Even Point Several costs can impact your break-even point, including: Application and Origination Fees:Appraisal Fees:Title and Insurance Fees: Prepaid Interest:Property taxes and homeowners insurance may also need to be paid upfront at closing, contributing to the total closing costs. The more you save in interest each month, the quicker you’ll reach your break-even point. Shorter Loan Terms Lead to Faster Savings Choosing a shorter loan term, like refinancing from a 30-year to a 15-year mortgage, can help you reach your break-even point faster. Shorter terms typically come with lower interest rates, which means you’ll pay off the refinance costs sooner and less in interest over the life of the loan. However, it’s important not to extend the term of your mortgage when refinancing, as doing so could result in paying more interest over time. How Long Will You Stay in the Home? Another critical consideration is your future plans. You may not benefit from refinancing if you plan to sell the home in a few years. Use the break-even point calculation to determine if it aligns with your timeline. If you break even after 24 months but intend to sell the home in 18 months, there may be better choices than refinancing. Refinancing can be smart when interest rates drop, but it’s essential to calculate your break-even point and consider your long-term plans. Whether you’re reducing monthly payments or aligning with your future goals, these steps can help you make a wise decision for your financial well-being. Movement Mortgage: A Christian Mortgage Option Movement Mortgage is a Christian-founded company that has donated over $377 million to communities in the U.S. and abroad. Their efforts include providing trained service dogs for veterans and supporting local churches with ministry resources. When you refinance through Movement Mortgage, your payments help fund these initiatives, making a difference beyond your financial goals. For more information on refinancing and calculating your break-even point, visit Movement.com/faith. On Today’s Program, Rob Answers Listener Questions: Resources Mentioned: Movement MortgageRefinancing? Calculate Your Break-Even Point First! (Movement Mortgage Article)Look At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith &...