As believers, it is our responsibility to represent Jesus Christ to the world through our actions. On today's Faith & Finance Live, host Rob West will provide a way to check up on our financial integrity and answer some financial questions. Tune in to learn how to live with integrity in our financial dealings.
How does your faith in Jesus influence your daily financial decisions? As believers, our faith must be the foundation of our financial stewardship, which is why we're excited to announce that the MoneyWise radio show is now Faith & Finance. Join Rob West and special guests as they address today’s financial questions with biblical answers. To be a part of the broadcast, call 1 (800) 525-7000 or you can email your questions to: [email protected]
How does your faith in Jesus influence your daily financial decisions? As believers, our faith must be the foundation of our financial stewardship, which is why we're excited to announce that the MoneyWise radio show is now Faith & Finance. Join Rob West and special guests as they address today’s financial questions with biblical answers. To be a part of the broadcast, call 1 (800) 525-7000 or you can email your questions to: [email protected]
If you’re wondering what the economy will do in 2025, you don’t want to miss this program. Few major league hitters can bat . 300 in a given season. Imagine hitting . 700! That’s what Bob Doll does every year: forecasting economic trends. He joins us today with his ten predictions for 2025. Bob Doll is the CEO and CIO of Crossmark Global Investments. He regularly contributes to Faith and Finance and other media outlets like Bloomberg TV, Fox Business, and CNBC. Key Economic Predictions: Fewer Tailwinds, More Tail RisksThe theme of Doll’s predictions signals a shift: Fewer Tailwinds: Slower earnings growth and high valuation levels create less upward momentum. More Tail Risks: A new political administration introduces uncertainty around regulation, tax policies, and trade. Doll shares insights on everything from inflation to sector performance. Let’s dive into his top predictions for the year ahead. 1. Slower Economic Growth and Rising UnemploymentDoll predicts economic growth will slow as unemployment rises past 4. 5%. While this signals a cooling job market, he emphasizes that a 4. 5% unemployment rate is historically low and not cause for alarm. 2. Sticky Inflation and Limited Rate CutsInflation is expected to remain stubbornly above the Federal Reserve’s 2% target. This will likely limit the Fed’s ability to reduce interest rates, continuing the challenges seen in 2024. 3. Treasury Yields and Credit SpreadsTreasury yields are forecasted to trade between 3. 75% and 4. 75%, with credit spreads widening slightly as the economy slows. While this doesn’t point to a recession, it reflects tighter financial conditions. 4. Slower Earnings GrowthDoll anticipates earnings growth will fall short of the optimistic 14% consensus, noting that such high growth is rare without a post-recession recovery. 5. Increased VolatilityAfter a period of low volatility, Doll predicts the VIX (Volatility Index) will approach 20, reflecting greater market uncertainty. He advises investors to remain disciplined and avoid emotional reactions to market swings. 6. A 10% Market CorrectionDoll foresees a 10% correction in 2025, emphasizing that such corrections are normal and should be viewed as buying opportunities for long-term investors. 7. Equal-Weighted Portfolios Outperform Cap-Weighted PortfoliosDoll expects equal-weighted portfolios to outperform cap-weighted ones as the dominance of mega-cap stocks like the “Magnificent Seven” wanes. 8. Value Outperforms GrowthAfter years of underperformance, value stocks are projected to outshine growth stocks, driven by cheaper valuations. 9. Top Performing SectorsDoll predicts financials, energy, and utilities will outperform sectors like healthcare, technology, and industrials. While technology remains essential, high valuations could temper its returns. 10. Tax Cuts and Reduced RegulationWith the Trump tax cuts set to expire in late 2025, Doll anticipates extensions alongside reduced regulations. However, divisive policies like tariffs and deportation may have limited economic impact. 11. Budgetary ChallengesEfforts to address government spending will face significant hurdles, with key programs like Social Security, Medicare, and defense spending off the table. Progress will likely fall short of ambitious deficit reduction targets. Preparing for 2025Doll acknowledges that predicting the future is inherently uncertain, but his insights provide valuable context for navigating the year ahead. He advises investors to stay diversified, remain disciplined, and prepare for volatility. As we embrace 2025, let’s remember that while economic trends may fluctuate, wise stewardship and long-term planning remain steadfast principles for financial success. On Today’s Program, Rob Answers Listener Questions: When our children were young, my husband and I decided to start tithing despite our tight budget. I was skeptical about how we could afford it, but we began tithing in faith. Surprisingly, our budget never changed—the 10% we tithed didn't impact our weekly spending. It was almost miraculous how the Lord provided for us as we honored him with our finances. To this day, I'm not sure how it worked out, but God was so faithful when we stepped out in obedience. We've saved up cash at home for emergencies but have no significant expenses since we live on Social Security. How much of that cash should I keep at home? And if I don't keep it all at home, what's the best way to keep it somewhat liquid and earn some interest rather than just storing it in a coffee can? Resources Mentioned: Faithful Steward: FaithFi’s New Quarterly PublicationCrossmark Global InvestmentsBankrateChristian Community Credit Union (CCCU)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
“Give me neither poverty nor riches, but give me only my daily bread. ” - Proverbs 30: 8Every generation has struggled to learn contentment, and ours is certainly no different. But God’s Word provides great instruction on this tough topic. Brian Holtz helps us work through it today. Brian Holtz is the CEO of Compass Financial Ministry and the author of Financial Discipleship for Families: Intentionally Raising Faithful Children. What Is Contentment? In Philippians 4: 12, the apostle Paul shares, “I know what it is to be in need, and I know what it is to have plenty. I have learned the secret of being content in any and every situation, whether well fed or hungry, whether living in plenty or in want. ”As Paul describes it, contentment is being satisfied with having enough—neither desiring more nor less. It’s a state of recognizing God’s provision as sufficient for every situation. On the surface, contentment sounds simple: accept and be grateful for what you have. But as with most heart issues, it’s far more complex. At a recent conference, attendees were asked two revealing questions: Do you feel you have enough? Who would like more? Most people raised their hands to both questions. This honest reflection highlights a tension many of us face: knowing we have enough yet wanting more. As Proverbs 30: 8 reminds us, “Give me neither poverty nor riches, but give me only my daily bread. ” However, genuinely praying for “only my daily bread” can be a struggle when we long for more security or comfort. How to Learn ContentmentPaul’s contentment didn’t come naturally—it was something he learned. His focus on gratitude provides a practical framework for us: Focus on What You Have, Not What You Lack Paul’s secret to contentment lies in appreciating God’s provision in all circumstances. Whether in plenty or need, he trusted in God’s sufficiency. Reframe Your Perspective Instead of longing for a better car, job, or house, focus on the blessings you already have. Gratitude shifts your mindset and allows you to recognize the abundance in your life. Embrace the Sweet Spot Paul’s perspective mirrors the balance described in Proverbs 30: 8—a place between poverty and riches where we can flourish spiritually. When we focus on enough rather than excess, we experience greater peace and satisfaction. Finding Contentment in a Discontented WorldContentment isn’t something we achieve overnight; it’s a lifelong journey. That’s why Compass Financial Ministry is dedicating its upcoming Your Money Counts conference to this vital topic. The conference, which will take place in Orlando, FL, from February 27 to March 1, will offer an in-depth look at finding contentment in a world plagued by materialism. Attendees will explore Scripture, practical tools, and community support to grow as faithful stewards. Learning contentment is essential for spiritual growth and faithful stewardship. As we embrace gratitude and trust God’s provision, we’ll find the peace Paul describes in Philippians 4. For more information about the Your Money Counts conference, visit CompassFinancialMinistry. org. Don’t miss this opportunity to learn how to thrive in God’s provision and find true satisfaction in Him. On Today’s Program, Rob Answers Listener Questions: I'm looking to buy a new house near my grandkids before I retire in the next couple of years. I have rental property, retirement accounts, and other assets. How can I use these to purchase a new home without taking out a mortgage or depleting my retirement savings too much? I'm 24 and live at home. I'm close to paying off all my student debt, which I'm excited about. I'm starting to think about budgeting, investing, and saving up for things like renting or even buying a home in the future. However, I'm anxious about transitioning to the "real world" and managing my finances. What's your advice for a younger person like me who doesn't have a ton o.networth yet but wants to honor the Lord with my money? A few years ago, I invested in a private biotech company that has since gone public and is listed on the NASDAQ. However, I've lost my login credentials to monitor the investment, even though it's in a custodial account. I've tried to recover my login but haven't been able to do so. What's the best way to regain access to view and manage this investment? I operate a nonprofit organization, and I'm considering trying to get a tax break for it. I was thinking about turning my residence over to the nonprofit. Can I get a tax deduction? What's the best way for me to go about doing that? Resources Mentioned: Faithful Steward: FaithFi’s New Quarterly PublicationCompass Financial Ministry | Your Money Counts ConferenceOpen Hands FinanceLook 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
Losing a loved one is a time of profound grief and confusion, and the practical tasks that follow can feel overwhelming. Settling a loved one’s estate requires careful attention and preparation. Let’s walk through six financial steps to take during this challenging time, all underpinned by prayer and reliance on God’s guidance. Begin with PrayerBefore addressing financial matters, take time to pray. Invite God into your decisions and ask for wisdom. James 1: 5 reminds us, “If any of you lacks wisdom, let him ask God, who gives generously to all without reproach, and it will be given him. ”Prayer offers clarity and comfort, helping you approach the estate settlement process with confidence and peace, knowing the Holy Spirit is interceding on your behalf (Romans 8: 26). Step 1: Obtain the Death CertificateThe death certificate is a critical legal document you’ll need to settle your loved one’s affairs. It’s usually prepared by the medical examiner and provided through the funeral home. You’ll need multiple copies for various purposes, such as notifying financial institutions, filing taxes, and starting probate. If you don’t receive the death certificate within a few weeks, contact the funeral home or your local vital records office. Step 2: Begin the Probate ProcessTake the death certificate and the will to your county probate office to file a petition to begin probate. As the executor, you can then carry out the deceased’s wishes. If there’s no will, the process becomes more complex. You’ll still petition the court to begin probate and may request to be named administrator of the estate. However, the court will decide how the estate is distributed according to state law. For guidance, consider consulting a Certified Kingdom Advisor (CKA). Visit FaithFi.comand click “Find a Professional” to find a trusted advisor. Step 3: Notify Financial Institutions and AdvisorsInform the deceased’s financial institutions, banks, and financial advisors of their passing. Advisors can help identify assets and ensure they’re handled correctly. Check for accounts with Transfer on Death (TOD) or Payable on Death (POD) instructions. These accounts can often bypass probate, simplifying the process. Additionally, notify the three credit reporting agencies—Equifax, TransUnion, and Experian. Provide the death certificate to close accounts and check for fraudulent activity. Step 4: Address Insurance PoliciesContact the deceased’s life insurance company to begin the claims process and provide the death certificate and policy details. Also, cancel other unnecessary insurance policies, such as auto or disability insurance, to avoid ongoing payments for no longer required services. Step 5: Notify Government AgenciesEnsure the appropriate government agencies are informed of your loved one’s passing. The funeral director often notifies Social Security but confirm that this has been done. Notify Medicare and, if applicable, the VA or other government programs. This step helps avoid complications and ensures benefits are properly adjusted. Step 6: File Final TaxesThe final step is filing the deceased’s taxes, including any outstanding returns. This is often best handled by a professional, such as a CPA, to ensure compliance and accuracy. While these tasks may seem overwhelming, prayer and preparation can guide you through. Remember, you are not alone in this journey. Lean on God’s wisdom and the support of trusted professionals to navigate this season with grace and confidence. On Today’s Program, Rob Answers Listener Questions: My able-bodied older sister has been relying on our family for financial support for the past 8 years, even though the work she chooses doesn't provide enough income. Should we continue supporting her, or is that not helping her in the long run? My wife and I will inherit an IRA from my mother-in-law. The IRA and a brokerage account contain over $300, 000 in cash. However, the money market account yield has dropped from 5. 3% to 4. 5%. Where should we invest this cash with the stock market looking richly valued? I'm 70 and retired, and I need to get a new car. I currently owe $27, 000 on my home. Should I pay off the remaining mortgage, which would increase my monthly payment, or should I get a car that would cost around $20, 000, which would lower my monthly payment? I don't know where to get the money to do either. My 91-year-old dad has a $3, 500-$4, 000 monthly shortfall in his long-term care expenses and is down to his last $25, 000. I'm considering a reverse mortgage for him, as this could allow him to stay in his home for another 2. 5 years. What are your thoughts on the different types of reverse mortgages and whether this could be a good option for his situation? Resources Mentioned: Faithful Steward: FaithFi’s New Quarterly PublicationMovement MortgageNational Christian Foundation (NCF)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
When the topic of generosity comes up in church, reactions can be mixed. Some tune out, assuming the message is about funding a project or filling a financial gap. But generosity is about much more than meeting needs—it’s about the heart behind the act. Let’s explore not only why we should give but also why we shouldn’t and how to cultivate a heart for biblical generosity.
Do you dream of being financially free but are unsure where to start? Stay with us—we’re here to help. Knowing what to do and actually doing it are two very different things. Today, we’ll share the steps to achieve financial freedom, but the decision to take action is yours. Like most worthwhile goals, it starts with the desire and determination to make it happen.