Financial Milestone Birthdays » Audio Archive » Faith & Finance

Faith & Finance

Christian talk radio with Rob West

SHARE BROADCAST

Broadcast Episode

October 20, 2023

Financial Milestone Birthdays

As we age, birthdays don't hold the same charm as when we were kids. However, financially speaking, some birthdays are more important than others. On today's Faith & Finance Live, host Rob West will discuss the financial milestone birthdays we all need to remember and answer calls on various financial topics. Tune in to get the information you need to make the most of your finances.

Loading the player...

About Faith & Finance

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]

More from Faith & Finance

Broadcast Episode

Yesterday

Does Your Budget Reflect Your Priorities? with Brian Holtz

“Therefore do not be foolish, but understand what the Lord’s will is.” - Ephesians 5:17 That verse is a good reminder that to follow God's will, we must first know it for all areas of our lives—including finances. Brian Holtz joins us today with a question: Does your budget reflect God’s priorities or yours? Brian Holtz is the Chief Operating Officer at Compass Financial Ministry and the author of Financial Discipleship for Families: Intentionally Raising Faithful Children.

Loading the player...

Broadcast Episode

Tuesday, July 16

What People Think About Inflation with Mark Biller

Everyone knows what inflation means, right? You’d be surprised by how fuzzy some people think about inflation. Is inflation a rise in prices, or simply high prices? Or does it mean something else entirely? The results of a recent poll may surprise you, but we’ve got Mark Biller with us today to explain it.

Loading the player...

Broadcast Episode

Monday, July 15

Back To School Smarts with Crystal Paine

Well, it’s hard to believe, but soon, the kids will be heading back to school. Are you ready to start the new school year on the right foot? Could you use a few tips? Well, you’re in for a treat. Crystal Paine joins us today with some great advice to make your back-to-school experience easier.

Loading the player...

Broadcast Episode

Friday, July 12

Don’t Carry Debt Into Retirement

Paying off debt is always a good thing…but paying it off before retirement is one of the best financial moves you’ll ever make. It’s a disturbing trend: more people than ever are retiring with debt. That reduces their lifestyle choices and increases the likelihood they’ll have to return to work at some point. Today, we’ll talk about carrying debt into retirement and how you can avoid it. Preparing for a Debt-Free Retirement: A Practical GuideAccording to the Federal Reserve's 2022 Survey of Consumer Finances, 65% of people aged 65 to 74 are in debt, up from 50% 35 years ago. This rising debt can severely impact your lifestyle in retirement and might even force you to return to work. Proverbs 22: 7 warns, “The rich rule over the poor, and the borrower is the slave of the lender. ”A recent report by T. Rowe Price revealed that 20% of previously retired individuals are back to work, either full or part-time, and another 7% are actively seeking employment. The primary reason? The need for more income. Inflation has increased costs by about 15% over the past three years, stretching many retirement budgets thin, especially those burdened with debt. Steps to Achieve a Debt-Free RetirementSet a Goal to Eliminate Debt Before Retirement—If you're 5, 10, or 15 years away from retirement, aim to have all your debts paid off by then. Eliminating a mortgage, car payment, or other debts can allow you to live on less and create a critical financial margin in retirement.  Prepare for Economic Downturns—Debt restricts financial flexibility, especially during economic slowdowns and stock market declines. Since the economy moves in cycles, preparing for these downturns is essential. Practical Strategies to Pay Off DebtCut Expenses—Review your budget and eliminate unnecessary expenses. Often, we continue paying for things out of habit. A thorough budget overhaul can free up funds to pay down debt.

Loading the player...

Broadcast Episode

Thursday, July 11

State of the Housing Market

Is it the best of times or the worst of times? Well, it all depends on if you’re trying to buy or sell a house. It really is a matter of perspective. Home values remain sky-high and are likely to continue rising in the foreseeable future. How you view that depends on which side of the transaction you’re on. Navigating the Current Housing Market: Tips for First-Time Home Buyers

Loading the player...

You Might Also Like