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Addressing the Financial Challenges of Full-Time Ministry

Faith & Finance (formerly MoneyWise)

Christian talk radio with Rob West

December 14, 2017

Steve Moore and Rob West discuss the financial challenges of full-time ministry. Most people dont go into full-time ministry for the large paychecks. When preparing for a life in ministry, biblical principles of finances apply: keep your lifestyle modest, avoid debt, build savings, and give generously. Next, they answer your questions at (800) 525-7000 and [email protected] about the following: - I qualify to withdraw funds from my Roth IRA. I need to buy a new vehicle. If I pull money out of the Roth, will I incur any penalties or fees? - I am a widow, and all of the money we had saved is gone. I cant pay my bills each month, and I dont know what to do. Can you help? - Growing up, my dad had a hard and fast rule about tipping: 10 percent for normal service and 15 percent for exceptional service. I notice that the expectation is much higher these days. Do you agree? Be sure to click the link above to check out our website (Compass1.org) to connect with a Compass Coach or access our books, videos, or any of our free helpful resources. You can also find us on Facebook (Compass - finances God's way) and get notifications about our weekly Facebook Live events. Thanks for your prayerful and financial support that helps keep MoneyWise on the air. And if you'd like to help, just go to the website and click the Donate tab at the top of the page.

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