Seniors in Debt With Brandon Sieben » Audio Archive » Faith & Finance

Seniors in Debt With Brandon Sieben

Faith & Finance

Christian talk radio with Rob West

July 13, 2023

Retirement debt is a growing problem for those in their 60s and 70s, with credit cards, car loans, and home equity loans being the top forms of debt. The cause is a combination of factors, such as spending beyond one's means, unawareness of the cost of debt, and being conditioned to borrow. Brandon Sieben, President and CEO of Compass—Finances God’s Way, advises those nearing or in retirement to avoid debt and to seek help from Christian Credit Counselors if overwhelmed. He also encourages people to better understand money and how God would have them handle it, with free resources available at FaithFi.com. Rob answers listener questions about reverse mortgages, taxes, investing, and credit card debt.

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