Search Results for: loans

March 11, 2013 MoneyWise

A Primer on the Bible and Money – Howard Dayton and Rich Roszel investigate the Bible’s perspective on a number of financial topics. Then they answer listener questions at (800) 525-7000 and MoneyWise@Compass1.org:

  • “Should I pay off my undergraduate student loans before borrowing more to get my masters?”
  • “What’s the best way to pay for therapy for my husband who recently had a brain hemorrhage?” (Howard mentioned Stroke.org)
  • “How do I collect a large business debt from someone who’s not a believer and seems unwilling to pay?”
  • “Is there a guideline for how much to put in a company-matched 401(k)?”

Mentioned on today’s program was the ‘Financial Stewardship Bible‘.  Be sure to check out the Compass website for a complete listing of helpful resources and radio archives.

Thanks for your prayers and generous financial support which allow us to keep MoneyWise on-the-air!

March 4, 2013 MoneyWise

Common Credit Misconceptions – Howard Dayton and Steve Moore cover a number of common misconceptions that can hurt your credit score. Then they answer listener questions at (800) 525-7000 and MoneyWise@Compass1.org:

  • “I’m on Social Security – what are my options for paying off  – or re-financing – a large Home Equity Line of Credit?”
  • “Is the stock market still the best place for long-term investing?”
  • “Can you give me some insight on paying back an overwhelming amount of school loans?” (Howard mentioned StudentAid.gov)

Mentioned on today’s program were several helpful websites: AnnualCreditReport.com,CreditKarma.com and SoundMindInvesting.com, as well as the Compass Calculators.  Be sure to check out the Compass website for a complete listing of helpful resources and radio archives.

Thanks for your prayers and generous financial support which allow us to keep MoneyWise on-the-air!

Feb 27, 2013 MoneyWise

Listener e-mails – Howard Dayton and Steve Moore  answer listener questions at (800) 525-7000 and MoneyWise@Compass1.org:

  • “What do you think of downsizing to pay for our son’s college tuition?”
  • “How do I prepare financially to relocate to another state?”
  • “My daughter’s purse was stolen – what does she need to do to protect her credit and identity?”
  • “How can I get my husband involved in creating a family budget?”
  • “I’m 53 and about to pay off my home; what should I do with the increased cash flow between now and retirement?”
  • “A job loss has created serious debt problems that keep getting worse – how do I handle this?” (HD recommended Mint.com)
  • “I co-signed on some college loans for my daughter and now we’re both without jobs and cannot pay – how do I keep from losing my house?”

Mentioned on today’s program was Howard’s book, ‘Your Money Counts‘, as well as the Compass Map and Compass Coaches.  Be sure to check out the Compass website for a complete listing of helpful resources and radio archives.

Thanks for your prayers and generous financial support which allow us to keep MoneyWise on-the-air!

Feb 26, 2013 MoneyWise

Managing Money for Eternity – Howard Dayton and Steve Moore discuss the eternal ramifications of knowing Christ and managing our finances in a way that’s pleasing to Him. Then they answer listener questions at (800) 525-7000 and MoneyWise@Compass1.org:

  • “How do we deal with a foreclosure in a way that honors God?”
  • “I’ve been accepted into an excellent music school with very high tuition – how do I decide whether or not to attend?”
  • “Should student loans keep us from buying a home?”

Mentioned also on today’s program was the Compass small group study, ‘Set Your House in Order‘.  Be sure to check out the Compass website for a complete listing of helpful resources and radio archives.

Thanks for your prayers and generous financial support which allow us to keep MoneyWise on-the-air!

Jan 12, 2013 MoneyWise Weekend

What Makes a Business Christian? – Howard Dayton and Steve Moore look at businesses operated by those who know Christ as their savior and operate by biblical principles.  Plus, they answer calls and emails (800-525-7000 or moneywise@compass1.org) about the following:

  • Settling financial issues for elderly relatives including possible embezzlement by a family member
  • What to do with a real estate lot that the caller can’t sell and doesn’t have the money to develop
  • Whether it’s wise to invest more than an employer will match in a 401K or 403b account
  • Improving your credit score by paying off payday loans.

Steve closed the program by recommending Howard’s audio book, “Your Money Map.”  This, and the book by the same title, are the companions to the free “Compass Money Map.”  They go into greater detail about the seven destinations on your journey to true financial freedom.  You’ll find these in the store at Compass1.org.  You can also download a free copy of the Compass Money Map here.

Thanks for your prayers and generous financial support which allow us to keep MoneyWise Weekend on-the-air!

Dec 27, 2012 MoneyWise

Christians and Prosperity – Some suggest the Bible tells all Christians to live in poverty, while others claim every Christian is entitled to material wealth. Today Howard Dayton and Steve Moore reveal what the Bible really has to say about Christians and prosperity. Next they answer questions at (800) 525-7000 and MoneyWise@Compass1.org about the following:
  • Should I take out student loans to further my education?
  • We can’t find any lender willing to refinance our mortgage. What are our options?
  • I have just received a raise and I’m wondering about opening college accounts for my children. What should I do?
  • Is there a rule of thumb as to what percentage of my income I should be saving and investing for retirement?
  • Can you recommend a place to put my emergency fund cash where I can earn reasonable interest?
  • What is the difference between a Roth IRA and a traditional IRA?

Be sure to check out the Compass website for a complete listing of helpful resources and radio archives.

Thanks for your prayers and generous financial support which allow us to keep MoneyWise on-the-air!

Dec 21, 2012 MoneyWise

Destination 3 on the Compass Money Map – Howard Dayton and Steve Moore explain destination 3 on the Compass Money Map (pay off student loans and auto debt.)  Next, they answer calls and questions at (800) 525-7000 and MoneyWise@Compass1.org about the following:

  • I inherited 3 homes, but they need to be renovated to sell or rent. Should I borrow the money to do this?
  • Should I buy long-term care insurance?
  • We are renting out a home to someone and I would like to refinance that home. Is there a program that will allow us to do that?

Be sure to check out the Compass website for a complete listing of helpful resources and radio archives.

Thanks for your prayers and generous financial support which allow us to keep MoneyWise on the air!