Since 1990, do-it-yourself Christian investors have relied on SMI for proven strategies and trustworthy guidance.

Sound Mind Investing

Personal Finance

We all have financial tendencies — inherent strengths and weaknesses in how we think about and manage money.

Marriage and Your Inner Money Manager

__When financial stress weighs heavily on parents’ minds, it can be challenging to stay grounded in faith, focused on God’s plan for money, and lead a household that points children toward Him. As you navigate these challenging times, I offer these prayers for you, parents, trusting that God’s grace will guide and uplift you.__

__I pray you will find yourself leaning more into God, not drifting away.__

When financial pressures mount, it’s easy to feel isolated and overwhelmed. Remember, "Cast all your anxiety on him because he cares for you" (1 Peter 5:7). Let this be a reminder to draw closer to God, finding solace and strength in His unwavering presence.

__I pray you will continue to see Christ as your hope, not financial health.__

In times of financial strain, it’s tempting to place our hope in improving circumstances or material wealth. Yet, Paul reminds us in 1 Timothy 6:17 to “Command those who are rich in this present world not to be arrogant nor to put their hope in wealth, which is so uncertain, but to put their hope in God, who richly provides us with everything for our enjoyment.”  May your heart remain anchored in Christ, our true and eternal hope.

__I pray you will continue to see Christ as your hope, not material things.__

Material possessions can be fleeting, but “Christ is the same yesterday and today and forever” (Hebrews 13:8). May you find your hope and security in Him rather than the transient comforts of this world.

__I pray you will find contentment in that which God has provided you.__

Contentment doesn’t come from abundance but from gratitude for what we have. As Paul writes, “I have learned to be content whatever the circumstances” (Philippians 4:11). May you find peace and satisfaction in God’s provision.

__I pray you will find yourself making lasting memories with your family that did not cost a dime.__

Most of life’s most cherished moments are found in times when a not a single dollar was spent. You don’t need a grand vacation to make memories. Let the love and laughter you share be a reminder that the best things in life are often free and invaluable.

__I pray your patience will not wane, and you will catch yourself before you say or do anything you will regret.__

As a parent, stress can sometimes lead to hasty words and actions. “The tongue of the wise commends knowledge, but the mouth of the fool gushes folly” (Proverbs 15:2). May you find the strength to respond with grace and wisdom as you speak to and lead your children.

__I pray you and your spouse will be unified as you engage your financial struggles.__

Unity in marriage is essential, especially when facing financial difficulties. May you support each other and work together in harmony.

__I pray that arguments in your household are few.__

Conflict can often arise in stressful times. May peace prevail in your home, even amidst financial trials.

__I pray you will find yourself teaching your children about money, instead of complaining.__

Use this opportunity to impart valuable lessons about financial stewardship. “Start children off on the way they should go, and even when they are old they will not turn from it” (Proverbs 22:6). Your guidance can help them grow into responsible adults.

__I pray you will seek wise counsel.__

When dealing with financial challenges, seeking advice from trusted and knowledgeable sources is crucial. “Plans fail for lack of counsel, but with many advisers they succeed” (Proverbs 15:22). May you find guidance that leads to wise money decisions.

__I pray valuable lessons are learned.__

Every challenge is an opportunity for growth and learning. May these experiences strengthen and refine you.

__I pray that in the future, God will use your struggle to help others in similar situations.__

Your journey through hardship can become a source of hope for others. May your story inspire and encourage those facing similar struggles.

__I pray you will sleep.__

Rest is vital for both physical and emotional health, and those experiencing financial stress often struggle to sleep. May you find the peace and rest you need to rejuvenate and face each day with renewed strength.

__I pray that you will obtain financial health and use your resources to impact your community and the world for Christ.__

Ultimately, our financial blessings are meant to be used for God’s mission. “Command them to do good, to be rich in good deeds, and to be generous and willing to share” (1 Timothy 6:18). May your future financial health enable you to bless others and further God’s kingdom.

__May you find comfort and hope in these prayers in these challenging times. Trust in God’s provision and guidance, knowing that He walks with you every step of the way.__

*All Bible verses come from the NIV.*

__[Image](https://www.christianmoneysolutions.com/blog/my-prayer-for-financially-stressed-parents)__ used with permission

You were meant for more. Your money was meant for more. You and your money are meant for an exciting, adventurous, and satisfying purpose. You were designed to live and give generously. And deep inside you know this and want this.

Christian Money Solutions

Marriage and Family

It can be challenging to stay grounded in faith, focused on God’s plan, & lead a household that points children  to Him.

My Prayer for Financially Stressed Parents

__If the Bible were written today and judged by what it says about money and possessions, it would never be published. If it were published, it would be mercilessly panned by its reviewers and not see a second printing.__

When it comes to money and possessions, the Bible is sometimes redundant, often extreme, and occasionally shocking. It turns many readers away, making it a hard sell in today’s marketplace. It interferes with our lives and commits the unpardonable sin—it makes us feel guilty. If we want to avoid guilt feelings, it forces us to invent fancy interpretations to get around its plain meanings.

We come to the Bible for comfort, not financial instruction. If we want to know about money, we’re more apt to read the *Wall Street Journal*, *Fortune*, *Forbes*, or *Money*. Let God talk about love and grace and brotherhood, thank you. Let the rest of us talk about money and possessions—and do whatever we want with them.

How could the Bible’s Author and Editor justify devoting twice as many verses to money (about 2,350 of them) than to faith and prayer combined? How could Jesus say more about money than about both Heaven and Hell? Didn’t He know what was really important?

When I was a pastor, I planned a three-week sermon series on money. I began by compiling a cross section of Bible passages. Every passage led to another and another. I quickly became convinced that God cares a great deal about our money—a great deal more than most of us imagine.

The sheer enormity of Scripture’s teaching on this subject screams for our attention. And the haunting question is, “Why?” Considering everything else He could have told us that we really want to know, why did the Savior of the world spend 15 percent of His recorded words on this one subject? What did He know about money and possessions that we don’t?

__Hitting Close to Home__

And what are we to think of all the current teaching on money and possessions that emphasizes what does not apply to us? Confident voices assure us that the Old Testament practice of tithing doesn’t apply to us, that the New Testament practice of sacrificial giving by liquidating assets and giving to the poor doesn’t apply to us, that the biblical prohibitions of interest and the restriction of debt don’t apply to us, that the commands not to hoard and stockpile assets don’t apply to us, and so on. It’s time to ask, “What does apply to us?”

Can we put Christ before all, deny ourselves, take up our crosses and follow Him ([Matthew 10:38](https://ref.ly/Matt%2010.38;esv?t=biblia); [Mark 8:34](https://ref.ly/Mark%208.34;esv?t=biblia); [Luke 14:27](https://ref.ly/Luke%2014.27;esv?t=biblia)), with no apparent effect on what we do with our money and possessions?

Sometimes more can be learned from the passages of Scripture we ignore than those we underline. No wonder C. S. Lewis called God “The Transcendental Interferer.” God has this annoying habit of stepping into our lives even when we’ve pulled in the welcome mat and bolted the door. The more we allow ourselves to grapple with these unsettling passages, the more we are pierced. Jesus wounds us with His words about money. Then, just when we think we’re healed, we run into another sharp passage, and God’s Word pierces us again. Our only options, it seems, are to let Jesus wound us until He accomplishes what He wishes, or to avoid His words and His gaze altogether by staying away from His Word. The latter option is easier in the short run. But no true disciple can be content with it.

You may be thinking, I’d rather not deal with these issues; I’m content with what I’m doing. But are you really content? I, for one, hate to live with that nagging feeling deep inside that when Jesus called people to follow Him He had more in mind than I am experiencing.

The fear of dealing with what God expects me to do with my money is exceeded by the fear of not dealing with it. I don’t want to stand before Him one day and try to give an answer for how I could call myself a disciple without ever coming to grips with money and possessions. Not when even a cursory reading of the New Testament shows this issue to be right at the heart of discipleship.

I must quickly add that for me the process of discovering God’s will about money and possessions has been exciting and liberating. My growth in financial stewardship has closely paralleled my overall spiritual growth. In fact, it has propelled it. I have learned more about faith, trust, grace, commitment, and God’s provision in this area than in any other.

I have also learned why Paul said, “God loves a cheerful giver” ([2 Corinthians 9:7](https://ref.ly/2%20Cor%209.7;esv?t=biblia)). I have found that cheerful givers love God and love Him more deeply each time they give. To me, one of the few experiences comparable to the joy of leading someone to Christ is the joy of making wise and generous choices with my money and possessions. Both are supreme acts of worship. Both are exhilarating. Both are what we were made for.

__What we do with our money will—and I choose these words deliberately—influence the very course of eternity.__

My study of this subject has reinforced the reality that we were made for only one person and one place. Jesus is the person and Heaven is the place. Our purpose should pervade our approach to money. If it does, the door will be unlocked to exhilarating Christian discipleship, where “following Christ” is not merely a comforting but meaningless cliché; instead it is an electrifying, life-changing reality.

I believe that most of the financial matters we typically discuss are on the fringes of what’s important, light years away from the core of the issue. We tend to focus on things that belong at the tail end of stewardship discussions, not the beginning. In effect we’re trying to install the gutters before we’ve laid the foundation and started the framing. We must realize that many of the things our society considers to be at the heart of financial planning (such things as insurance, the stock market, and retirement, for instance) never existed before the modern era and still don’t exist in much of the world. That doesn’t mean they’re wrong—only that they are secondary.

Advice about how to accomplish our financial goals is valuable only if the goals we set are biblically based and Christ-centered. It’s not only important to know how to get the canoe down the river, it’s also essential to know where the river is taking you.

Before we learn the fine art of building a sturdy boat or the skill of staying in the boat as we head down the rapids, we should make certain that our desired destination is really downstream rather than upstream. Because if it’s upstream, we would do better to get off the river altogether, forget the boat, and plot our course by land. It may be a harder trip, but isn’t the whole point to arrive at the correct destination?

__“Do not conform any longer to the pattern of this world, but be transformed by the renewing of your mind” ([Romans 12:2](https://ref.ly/Rom%2012.2;esv?t=biblia)). If we prefer to think as the world thinks about money and possessions, we needn’t change a thing. Conformity is as natural as swimming downstream. But if we’re committed to thinking about money and possessions as God does, it’s a different matter. We need to set aside the bookshelves and magazine racks filled with advice on how to make, spend, and invest our money and blow the dust off our Bibles. The Bible is the only book worthy of the title chosen by a popular financial counselor for his own book: The Only Investment Guide You’ll Ever Need.__

__[Image](https://www.epm.org/resources/2024/Oct/23/how-view-money-matter/)__ used with permission

Eternal Perspective Ministries, founded and directed by author Randy Alcorn, is focused on investing in what lasts for eternity, and helping others to do the same.

Eternal Perspective Ministries

Articles

If the Bible were written today and judged by what it says about money and possessions, it would never be published.

Why Does How We View Money Matter?

When it comes to purchasing a home, the traditional belief was that a 20% down payment was necessary. However, saving up that much can be tough, especially for [first-time homebuyers](https://movement.com/blog/2019/06/first-time-homebuyer-tips) or anyone looking to enter today's housing market quickly. This is where private mortgage insurance (PMI) comes into play, offering an alternative for borrowers who don't have a sizable down payment.

__What is private mortgage insurance, and why should I care?__

If you're like most Americans, you probably need to borrow money to buy a house. And if you're making a down payment of less than 20%, the lender needs to protect itself. Private mortgage insurance (PMI) is insurance that benefits the lender by protecting them in case you default on your future mortgage payments. But how do you, the prospective homebuyer, benefit from taking on private mortgage insurance?

By paying a monthly PMI premium, you can secure a mortgage and enter the housing market sooner than if you had to wait to save up for a full 20% down payment. It also can allow you to start building [home equity](https://movement.com/blog/2024/05/what-you-need-to-know-about-home-equity) and enjoy the benefits of homeownership immediately.


![](https://movement.com/getmedia/12cc7623-33e8-46ff-aa95-fd58eb6a7134/Pull-Quote-8.jpg)

## 
__Understanding how PMI works__

While PMI allows buyers to enter the housing market with a lower down payment, there is a downside. For a time, you'll have slightly higher monthly mortgage payments since you'll end up borrowing more initially. However, in most cases, PMI doesn't remain in effect for the entire loan term. Once your equity in the home reaches 20%, you can request to cancel PMI.

Before you fall in love with a home or settle on a home loan, it's important to speak with your loan officer about the PMI costs based on your unique financial situation. It’s equally important to understand the factors that determine how much you’ll pay for PMI.

__Factors that affect PMI costs__

- __*Type of residence:* __Whether you're buying a single-family home, condo or townhouse affects your PMI cost.
- __*Type of loan:*__ Conventional loans and government-backed loans have different PMI requirements.
- __*Loan term:* __Are you considering a 15-year or 30-year mortgage?
- __*Credit score:*__ A higher credit score typically results in lower PMI premiums.
- __*Interest rate:*__ This affects your overall mortgage payment, including PMI premiums.
- __*Down payment amount:*__ The more you put down initially, the lower your PMI.
- __*Loan-to-value (LTV) ratio:*__ A lower [LTV](https://movement.com/blog/2021/01/lowdown-on-ltv) generally results in smaller PMI payments.
- __*PMI type:*__ [Different types of PMI have varying costs and structures.](https://www.investopedia.com/mortgage/insurance/)
## 
__What will your PMI cost?__

Your PMI payment is calculated based on several factors. On average, PMI costs between 0.5% to 2% of the loan amount per year. For example, if you borrow $450,000, at a PMI rate of 1%, you would pay $4,500 annually or about $375 per month. Keep in mind this is an estimate, and your actual cost will depend on your loan amount, PMI rate and other factors. To get a clearer idea of your own PMI cost, use our [mortgage calculator](https://movement.com/resources/mortgage-calculator) to see how different loan amounts, interest rates and PMI rates might affect your monthly payments.
## 
__Common types of PMI__

There are different types of private mortgage insurance. Choosing the right one for you depends on your personal goals and home-buying situation.

- __*Borrower-paid mortgage insurance (BPMI):*__ You pay this premium as part of your monthly mortgage payment. Once you reach 20% equity, you can request to cancel BPMI.
- __*Lender-paid mortgage insurance (LPMI):*__ The lender pays the PMI upfront, but you may have a slightly higher interest rate. LPMI is not cancellable.
- __*Single-premium mortgage insurance (SPMI):*__ You pay a lump sum at closing to avoid monthly payments. Consider the effect on your cash reserves before choosing this option.
- __*Split-premium mortgage insurance:* __You pay part of the PMI at closing and the rest monthly, reducing your monthly obligation.

Note: Please check with your specific insurance provider for your personal situation. Additional costs and fees may apply.
## 
__Can you avoid paying PMI?__

The best way to avoid PMI is to make a 20% down payment. However, that’s not always feasible. Some government-backed loans, like [FHA loans](https://movement.com/products/fha) and [VA loans](https://movement.com/products/va-loans), have built-in PMI or insurance premiums. If you opt for a loan with PMI, look for one with cancellable terms, so you can remove PMI once your equity reaches 20%.

To remove PMI, you’ll need to request it in writing, and your lender will have eligibility requirements, such as but not limited to:

- Staying current on your mortgage payments
- No payments being more than 30 days late in the last 12 months
- Meeting the applicable loan-to-value (LTV) ratio
- Another option is [refinancing your loan](https://movement.com/loans), if you qualify, to eliminate PMI. Speak with your loan officer to determine which path is right for you.
## 
__Need More Info on PMI?__

[Private mortgage insurance](https://movement.com/blog/2020/12/everything-you-wanted-to-know-about-pmi-private-mortgage-insurance) helps homebuyers secure a loan with a smaller down payment, but it’s important to understand the types, costs and alternatives. If you’re ready to learn more about PMI or explore your mortgage options, contact a Movement Mortgage loan officer today.

[Or, if you're ready to get started, you can always apply online now.](https://movement.com/apply)

Note: Movement Mortgage is not affiliated, endorsed, or sponsored by the Department of Veterans Affairs or Federal Housing Administration or any other government agency.

__[Image](https://movement.com/blog/2024/10/what-is-private-mortgage-insurance-avoid-pmi)__ used with permission

FaithFi

When it comes to purchasing a home, the traditional belief was that a 20% down payment was necessary.

What is private mortgage insurance (and how can I avoid it)?

You may have heard of the Great Wealth Transfer—the massive shift in assets taking place as Baby Boomers pass their wealth on to future generations. What you may not know is that women are set to inherit the majority of this wealth. This trend presents a unique opportunity for women to shape a new legacy of generosity, stewardship, and impact.

__A Horizontal Transfer: Wealth Passing to Widows First__

While we often think of the Great Wealth Transfer as moving directly from parents to children, it’s often more of a horizontal transfer, with wealth first passing to widows before reaching the next generation. Because women typically outlive men by about six to seven years, they are the primary inheritors of private wealth before it’s eventually transferred to children or other beneficiaries. In fact, [studies](https://www.mckinsey.com/industries/financial-services/our-insights/women-as-the-next-wave-of-growth-in-us-wealth-management) suggest that around 70% of women will experience widowhood and inherit their husband’s share of their combined assets.

On top of inheriting from their spouses, many women will also receive wealth from their parents. Add in income from their own careers, and this creates a significant flow of wealth into women’s hands. With multiple streams of financial resources, women have the unique potential to shape a legacy that reflects their values, priorities, and faith.

Research by the management consulting firm [McKinsey and Company](https://www.mckinsey.com/industries/financial-services/our-insights/women-as-the-next-wave-of-growth-in-us-wealth-management) suggests that by 2030, just a few years from now, women are expected to control two-thirds of U.S. assets—an estimated $30 trillion. This unprecedented wealth transfer represents more than just financial power; it’s an opportunity for women to live out their natural inclination toward generosity. [Research](https://rbcwealthmanagement.com/en-us/insights/giving-more-than-money-how-women-are-changing-philanthropy) shows that women who inherit or accumulate wealth often prioritize giving back and supporting causes that align with their beliefs and passions.

__Three Key Factors for Generosity__

Generosity is more than an impulse—it’s a way of life rooted in intentionality. Three key factors contribute to a life of generosity: purpose, passion, and planning.

1. __Purpose__: A clear sense of purpose is essential for generous living. Research by [Women Doing Well](https://womendoingwell.org/our-story-our-research/) reveals that women with a high sense of purpose give significantly more—14% of their income on average—compared to those with a lower sense of purpose, who give around 9%. Purpose drives generosity because it clarifies values and inspires women to give in ways that reflect their deepest beliefs.
2. __Passion__: Passion is another powerful motivator for giving. It’s more than enthusiasm; it’s a deeply held conviction that often comes from personal experiences of pain, sacrifice, or suffering. When our hearts align with God’s, we begin to see what He sees and love whom He loves. Passion empowers women to give with courage, conviction, and compassion.
3. __Planning__: Finally, having a financial plan is critical for enabling greater generosity. Among aspiring givers, the two main obstacles to giving more were a lack of financial planning (53%) and a lack of passion (48%). Without a plan, the best intentions for generosity often remain unfulfilled. Creating a thoughtful, intentional plan allows women to steward their resources wisely and give in ways that align with their goals.
#### 
__Building a Foundation for Stewardship__

For women who may not have previously managed finances, inheriting wealth can feel overwhelming. That’s why preparation is essential. The foundation for responsible stewardship starts with understanding core biblical principles and spiritual disciplines—principles we emphasize here at [FaithFi](https://www.faithfi.com/).

A recent [study](https://womendoingwell.org/the-case-for-inspiring-generosity-among-women/) revealed the top three influences that shape women’s generosity:

- __A growing conviction that God owns it all__: 90% of women cited this belief as highly influential in shaping their approach to generosity.
- __Personal spiritual disciplines of Bible study and prayer__: 81% said these disciplines played a significant role.
- __Receiving Bible teaching on stewardship__: 76% pointed to stewardship teachings as a significant influence on their giving.

Building these foundations helps women view wealth not as their own but as a resource entrusted to them by God to be used for His purposes.

For married women who may not actively manage family finances, now is a great time to become more involved. Understanding and participating in family financial decisions is a valuable step in preparing for the future. Not only does this build confidence, but it also equips women to make wise, faith-centered financial decisions if they become the primary managers of their wealth.

__As women inherit significant assets in the years to come, they have the potential to reshape the landscape of generosity, faith, and stewardship. By embracing purpose and passion and planning and preparing spiritually and practically, women can create a lasting legacy of faith-filled generosity.__

You can also __[listen](https://www.faithfi.com/search?q=Women%20and%20the%20Great%20Wealth%20Transfer&videos=true&articles=true&podcasts=true&posts=true&groups=true&events=true&support=true)__ to the related podcast on this topic.

Women are set to inherit the majority of the wealth in the Great Wealth Transfer from Boomers--here's the opportunity.

How Women Will Lead the Great Wealth Transfer

__Have you ever looked at your financial situation and wondered, “How can I give when I am faced with such significant challenges? Where will the money come from?” Maybe you are living paycheck to paycheck, and the thought of giving away a portion of your income ties knots in your stomach. You feel that you need every penny just to pay the bills. You desire to give, but you don’t see how generosity is possible right now. You tell yourself, “I will be generous later, when either my income goes up or my expenses go down.”__

If you are church leader, you may have not only thought this, but ministered to congregants who are experiencing a similar battle. In the United States and beyond, many are facing financially difficult or lean times. The act of generosity seems impossible at the moment.

There’s a story in the Bible about a widow who gave during a time when resources were scarcer than most of us will ever experience. In 1 Kings 17:7-16, we find God instructing Elijah to acquire food and water from a widow. According to the Scripture, God had instructed this widow to give. This occurred during a drought, when food and water were very scarce.

After Elijah requested food and water, the widow explained she only have enough for one last meal for her and her son. The widow’s plan was to eat the food and die with her son. “Dire” does not comes close to describing her plight. Shockingly, Elijah encourages her to trust God and provide him the food anyway. Even more shocking, the widow does just that. Outside an act of God, this meant the widow and her son would soon die.

But an act of God is exactly what happened. The oil and flour in her jars, the necessary ingredients for bread, never went empty. After the widow provided food for Elijah, she found there was not just enough for her and her son on that specific day, but each day after as well.

This story is remarkable on many fronts, rich with lessons from which we can all learn. Let’s consider four generosity lessons we find from the story of Elijah and the widow.

__Lesson #1: It is God who calls us to be generous.__

Who called the widow to be generous? It is important to note that Elijah was not the one who initially directed the widow to give. It was God. 1 Kings 17:8-9 says, “Then the word of the Lord came to him (Elijah): ‘Go at once to Zarephath in the region of Sidon and stay there. I have directed a widow there to supply you with food.’” Notice the last part of verse 9. God had already directed the widow to give. Before Elijah ever interacted with the widow, God was already at work in this woman’s heart. He had already commanded her to be generous.

God has woven throughout Scripture numerous verses on generosity. And as one reads these passages, God’s command becomes clear—we are to live and give generously. He commands us to give, not because He wants something from us, but because He wants something for us. We are to live and give generously because God has designed us to do so. We were designed to reflect His generosity toward others. Therefore, a lack of generosity is a symptom of an underlying heart issue. It is true—what we do with our money reflects what we are doing with our heart. It is God who calls us to be generous.

__Lesson #2: Generosity is an act of trust.__

The story of Elijah and the widow demonstrates that giving is ultimately an act of trust in God’s promises and provision. In this story, when resources were scarce, the widow had to lean into God and trust Him. She had to distrust what her physical eyes were seeing and put her faith in the one who could not be seen.

Why would we give? We give because we know God has commanded us to do so, and we know God always directs us to do things that are for our good and His glory. We give because it tangibly demonstrates are trust in Him and not ourselves or our money. God wants us to lean into Him. He was us to trust Him. “Trust in the Lord with all your heart and lean not on your own understanding; in all your ways submit to him, and he will make your paths straight” (Proverbs 3:5-6, NIV). Generosity is an act of trust.

__Lesson #3: God delights in obedience when obedience isn’t convenient.__

We find another story of a widow who gave everything she had in Luke 21:1-4. In this story, we can read about Jesus’s reaction to such an act. Jesus watched people give large sums of money at the temple treasury. But it was not the large gifts that received Jesus’s attention. It was a widow who gave two coins. While these two coins were of relatively little monetary value, it was all she had. Jesus said it was the widow who gave more than anyone else. Why? Because, for God, amount sacrificed supersedes amount given.

When we choose to obey God during difficult times, it demonstrates our faith in Him. It says, “God, you are more important than any temporary discomfort or affliction that I may face. Your word goes before my human desire.”  We say Jesus place God’s plans above unimaginable torment in Matthew 26:42 as his crucifixion drew near: “He went away a second time and prayed, “My Father, if it is not possible for this cup to be taken away unless I drink it, may your will be done” (NIV). God delights in obedience when obedience isn’t convenient.

__Lesson #4: We should encourage one another to be faithful in generosity.__

While Elijah did not direct the widow to give, he did encourage her to trust God and be faithful in generosity. Elijah encouraged her to not be fearful but remember God’s promise and provision. For many church leaders, it can feel uncomfortable to encourage congregants to give when they are facing financially challenging times. But remember, it is not you who has directed them to give. It is God. And He is calling all of us to give, not because He needs the resources, but because He wants something even better for us. As a church leader, you are simply encouraging congregants to trust God and His Word. And this is good. We should encourage one another to be faithful in generosity.

The story of Elijah and the widow is a story of trust and faithful generosity. It challenges us in our Christian walk to place Christ first. And it challenges church leaders to continue pointing people to God’s faithfulness even during difficult times. It is a story from which we can learn many lessons.

__[Image](https://www.christianmoneysolutions.com/blog/4-generosity-lessons-from-elijah-and-the-widow)__ used with permission

Generosity

Have you ever looked at your financial situation and wondered, “How can I give when I am faced with challenges?"

4 Generosity Lessons from Elijah and the Widow

__Long ago, I got in the habit of beginning many prayers with, “Heavenly Father, thank you for this day. Every day is a gift.”__

On most days, those words are a sincere expression of gratitude. However, I confess that some days they flow more out of habit than heart. Still, even on those days, I find them helpful. They put my perspective where it should be, helping me remember that life is short, tomorrow is not guaranteed, and every day really is a gift.

That reminder comes in other forms as well. Like news of a bad medical report for someone I know. And it doesn’t even have to be about someone I know personally. It could be a favorite author, actor, or musician.

So it was when I heard that Jonathan Clements, author of this month’s [cover article](https://soundmindinvesting.com/articles/how-to-think-about-money), has terminal cancer. He’s one of my favorite financial writers. Iread his column regularly when he wrote for *The Wall Street Journal*. And I’ve kept up with his work ever since he started his blog, *[Humble Dollar](https://humbledollar.com/blog/)*.

It was there, in a piece he wrote this past June, where I learned of his diagnosis. He said he “may have just a dozen okay months ahead of me.” The news set me back.

Like I said, I don’t actually know him, and yet I feel like I do. I’ve enjoyed and benefited from his writing for a long time.

Admirably, Clements is using his circumstances to help others. As always, he writes with honesty and authenticity, sharing that he now feels far more vividly the uncertainty we all live with. He knows his time is short, but he doesn’t know *how* short.  He wonders how extensive his medical needs will be, and how expensive.

He writes with humility, saying what a happy surprise it was to discover how little he regrets about the frugal life he has led. He *does* plan to check off a few bucket list items in the months ahead. However, he says, “Mostly what I feel is profound gratitude for the life I’ve had.”

He writes with an even stronger appreciation for just how difficult it is to manage risk, pointing out that we can *control* it but we can’t *eliminate* it. “I don’t want readers to obsess about risk. But I would encourage folks to build financially resilient lives and to avoid big assumptions about the future. Risk has now arrived for me, and it’s taken a form I never imagined.”

He writes with hope, wanting to live with a sense of purpose for as long as he can. “I do want the time ahead to be happy, productive and meaningful.”

Many of the steps he’s taking now are driven by his desire for his wife and adult children to be okay financially and emotionally. Wherever he can, he’s simplifying his finances. And there are a few items on his to-do list that he’d like to see completed for his wife’s benefit, like a bathroom remodel they discussed before his diagnosis.

I don’t know what Clements believes spiritually, although it was interesting to see him refer to Pascal’s wager in a recent post about risk.

__“As 17th century French philosopher Blaise Pascal saw it, it was logical to believe in God. If you believed and God didn’t exist, your religious devotion might cause you to miss out on a little earthly fun. But if God does exist and you don’t believe, the price is considerably higher.”__

Of course, I hope he believes.

*Humble Dollar* was a wonderful resource before Clements’ diagnosis, but his pieces carry even more poignancy now. Like a recent post about the nine reasons why he feels grateful. While a few of those reasons have to do with money, most are about family, doing work he believes makes a difference, and the many meaningful experiences he’s had — whether growing through adversity, seeing the beauty of the world, or now, having the time to contemplate his own death.

His situation serves as another reminder of the brevity of life. It’s a reminder to consider what our spouse’s situation may look like should we pass away first, and to do all that we can to put our affairs in order ([Isaiah 38:1](https://ref.ly/Isa%2038.1;niv?t=biblia)) — insurance and estate plans and all the rest.

More importantly, it’s a reminder to consider the state of our relationship with Jesus. Some of the most haunting words in all of Scripture are in [Matthew 7:21-23](https://ref.ly/Matt%207.21-23;niv?t=biblia). What Jesus wants most is for us to know Him and to be known by Him.

__Just as the Bible teaches us to live in a constant state of readiness for Jesus’ return ([Mark 13:32-36](https://ref.ly/Mark%2013.32-36;niv?t=biblia)), we would be wise to live with an awareness that life is fragile, and to remember that every day is a gift.__

__[Image](https://soundmindinvesting.com/articles/every-day-is-a-gift)__ used with permission

Faith and Finance

Long ago, I got in the habit of beginning prayer with, “Heavenly Father, thank you for this day. Every day is a gift."

Every Day Is a Gift

<p>Did you hear about the guy who paid his taxes to the IRS with a smile? It didn’t work out, though—it turns out they prefer money.</p><p>Well, paying taxes is certainly no laughing matter, and we don’t want to miss something that could end up costing us money. Fortunately, Kevin Cross is here today with a list of year-end tax tips you don’t want to miss.</p><p><a href="https://kevincrosscpa.com/">Kevin Cross</a> is a Certified Public Accountant (CPA) who has headed CPA firms in Florida and now Georgia. He has studied the tax code extensively and specializes in representing taxpayers before the IRS. </p><h3>2024 Year-End Tax Strategies</h3><p>As the end of 2024 draws near, these are some critical financial moves that can help you maximize your tax savings: </p><h3>1. Review Withholding and Estimated Payments</h3><p>The first step in year-end tax prep is to check how much you’ve paid in taxes this year. Avoid underpaying (which leads to penalties) or overpaying (which gives the government an interest-free loan on your money). For those behind on withholding, consider adjusting your remaining paychecks to make up the difference.</p><h3>2. Max Out Retirement Contributions</h3><p>Contributing to a retirement account like a 401(k) or IRA is one of the best ways to lower your taxable income. For high-income earners, consider a “backdoor Roth IRA”—a strategy involving non-deductible IRA contributions converted to a Roth IRA, providing tax-free growth.</p><h3>3. Optimize Charitable Contributions</h3><p>Charitable giving is a powerful tax strategy, especially if you bundle multiple years of contributions. By “bunching” donations, you may surpass the standard deduction threshold, allowing you to itemize and benefit from your generosity. A <a href="https://www.ncfgiving.com/?gad_source=1&amp;gclid=CjwKCAiAudG5BhAREiwAWMlSjJ5sCMoZbdV_VG5x2JKI-1jrRUqNM6jNV7fuCXM_nGqzhREwEc7qOBoC-hsQAvD_BwE">donor-advised fund (DAF)</a> can streamline this process, allowing you to make a large donation this year and distribute it to charities over time.</p><h3>4. Donate Appreciated Assets</h3><p>Consider donating appreciated stocks or mutual funds to avoid paying capital gains tax on the appreciation. For example, if you bought stock for $1,000 and it’s now worth $1,500, donating it allows you to deduct the full $1,500 without incurring capital gains tax on the $500 gain.</p><h3>5. Qualified Charitable Distributions for IRA Holders</h3><p>For those 70½ or older, Qualified Charitable Distributions (QCDs) from an IRA allow you to donate directly to charity without counting the distribution as taxable income. This is particularly helpful if you’re taking the standard deduction.</p><h3>6. Take Advantage of Section 121 Exclusion on Home Sales</h3><p>Section 121 of the tax code allows homeowners to exclude up to $500,000 in capital gains (for married couples) when selling their primary residence, provided they’ve lived in it for at least two of the last five years. This is a significant opportunity for those considering selling their homes in a high-appreciation market.</p><h3>7. Avoid Underpayment Penalties</h3><p>Quarterly estimated payments are essential to avoid IRS interest and penalties if you're self-employed or a gig worker. Failure to pay quarterly could result in a penalty that acts like interest on unpaid taxes, making it costlier than paying in installments.</p><h3>8. Don’t Ignore Past Tax Issues</h3><p>If you’re behind on tax filings or payments, now’s the time to act. Many individuals feel overwhelmed, but taking the first step to seek professional help can bring peace and clarity. We advise you to contact a CPA with IRS experience to assist with this process.</p><p>These strategies can help you make the most of tax season and avoid paying more than necessary. Remember, the tax code is complex, and each situation is unique, so consulting with a CPA, especially one experienced in IRS negotiations, can provide personalized guidance. </p><h3>On Today’s Program, Rob Answers Listener Questions:</h3><ul><li>I have some rental properties that I'm worried will be sold for cheap at auction after I'm gone since my kids in California don't want to return to Arkansas. Should I sell the properties and put the money in a trust for my grandkids' education?</li><li>I'm contributing 15% of my income to my 401(k), and my employer matches 5%. But I'm trying to build up my emergency savings, and I'm only at about two months' worth right now. Should I stop contributing to my 401(k) for now so I can focus on getting my emergency fund up to 6 months' expenses?</li></ul><h3>Resources Mentioned:</h3><ul><li><a href="https://kevincrosscpa.com/">Kevin Cross, CPA</a></li><li><a href="https://www.ncfgiving.com/">National Christian Foundation (NCF)</a></li><li><a href="https://www.faithfi.com/sparrows">Look At The Sparrows: A 21-Day Devotional on Financial Fear and Anxiety</a></li><li><a href="https://www.faithfi.com/rtg">Rich Toward God: A Study on the Parable of the Rich Fool</a></li><li><a href="https://www.faithfi.com/find">Find a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)</a></li><li><a href="https://www.faithfi.com/manage">FaithFi App</a></li></ul>
<p><p>Remember, you can call in to ask your questions most days at (800) 525-7000. Faith &amp; Finance is also available on the <a href="https://www.moodyradio.org/programs/faith-and-finance/">Moody Radio Network </a>and <a href="https://afr.net/podcasts/faith-finance/">American Family Radio</a>. Visit our website at <a href="https://www.faithfi.com/">FaithFi.com </a>where you can join the FaithFi Community <a href="https://www.faithfi.com/give">and give </a>as we expand our outreach.</p></p>

Faith & Finance is a daily radio ministry hosted by Rob West. The program offers a practical, biblical and good-natured approach to managing your time, talents and resources.

Faith & Finance with Rob West

Did you hear about the guy who paid his taxes to the IRS with a smile? It didn’t work out, though—it turns out they prefer money.

Well, paying taxes is certainly no laughing matter, and we don’t want to miss something that could end up costing us money. Fortunately, Kevin Cross is here today with a list of year-end tax tips you don’t want to miss.

Kevin Cross is a Certified Public Accountant (CPA) who has headed CPA firms in Florida and now Georgia. He has studied the tax code extensively and specializes in representing taxpayers before the IRS.

Year-End Tax Tips with Kevin Cross

Where timeless biblical wisdom meets today's financial decisions.

Become Wise With Money

Our trusted partner, Christian Credit Counselors, offers a debt management program that can get you out of credit card debt 80% faster while honoring your debt in full.

Struggling with credit card debt but don’t know where to start?

Our debt management program helps people avoid bankruptcy, debt settlement scams, and quick fixes that ruin credit.

Christian Credit Counselors

Silence is not an option. Your boldness can set people free.

Talking about money is challenging and uncomfortable.

We teach church leaders the biblical perspective on finances.

Christian Stewardship Network

Compass helps people worldwide to know Christ more intimately in one of the most personal arenas of life, finances. We teach what the Bible says about money, nothing less, & encourage people to discover God’s truth & experience life change.

Learn, Apply, and Multiply What the Bible Says About Money and Possessions

Compass helps people worldwide to know Christ more intimately in one of the most personal arenas of life, finances.

Compass Financial

Discover the secret of "winning by not losing".

Profit & Peace of Mind - No Matter What's Happening in the Market

Financial health is just a means to a greater end. I want to see you in a place where you are living and giving generously, advancing God's Kingdom, without the hindrance of debt or any other financial barrier.

Give generously. Save wisely. Live appropriately.

Investing can be more than just returns

Eventide

Every Investment Has An Impact

Join a movement of investors, fund managers and leaders who believe that God owns it all and he cares deeply about why and how we steward his investments.

Faith Driven Investor

God is raising up an army of Gospel Patrons who will partner to build the church, bless the world, and finish the Great Commission.

Join the Movement

Behind every great movement of God are generous leaders who partner with those who proclaim the gospel. We call them Gospel Patrons.

Gospel Patrons

Do you have a giving strategy? We would love to help you explore all the opportunities to make the most of what God has given you.

Do you have a Giving Strategy?

NCF helps people create a giving strategy based on biblical principles, so they can be wise stewards of all they have and experience the joy of greater generosity.

National Christian Foundation

Most conversations about giving end with an ask for money. Generous Giving hosts free events that help explore Jesus-like generosity without asking for anything in return. This leads to stronger families and deeper relationships with God.

Explore the Joy of Generosity

We exist to spread the message of biblical generosity in order to grow generous givers especially among those entrusted with much.

Generous Giving

Are you ready to lay down anything in your life preventing you from following Jesus?

Find Joy and Freedom in a Life of Surrender

The Ron Blue Institute seeks to be a thought leader with great influence committed to changing the way Christians think, act, and communicate about financial stewardship, empowering the church, and changing the world.

Ron Blue Institute

We’re glad to share the financial and spiritual advantages that CHM offers, and they look forward to helping you discover if this is the right healthcare solution for you.

Want more information on CHM’s budget-friendly, biblical and compassionate healthcare solution?

We’re not insurance – We’re the better, biblical solution to taking care of your medical costs. If you don’t love how your health insurance works, maybe it’s time to leave traditional health insurance behind.

Christian Healthcare Ministries

We believe you can make a positive difference when your investment decisions are motivated by your faith and values.Investing together, impacting the world.

INVEST IN PRAXIS MUTUAL FUNDS

Praxis Mutual Funds has a rich history as a leading faith-based family of mutual funds designed to help people integrate their finances with their values. With Praxis,your investments can make a difference for you, and the world around you.

Praxis Mutual Funds

FatihFi App

We are a Bible-believing, Christ-centered nonprofit organization teaching Biblical principles and reaching people in need.

Explore our articles, podcast, and courses.

Educational resources for Biblically faithful investing

Inspiring an authentically Christian practice of modern investing.

Eventide Center for Faith & Investing

But it doesn’t have to be. Join a Faith Driven Entrepreneur Group today.

Entrepreneurship is a lonely journey.

Faith Driven Entrepreneur is a movement dedicated to gathering one million Christ-following entrepreneurs and equipping them, so they can fulfill their call to create and transform the world around them.

Faith Driven Entrepreneur

After nearly 20,000 meetings with people just like you, helping them grow in wisdom, confidence and joy, and coaching millions more over radio, television and digital media, we'd love to help you, too!

Money’s not bad, but it’s also not easy.

God is too good and life is too special to let money hold you back.  Get hope-filled coaching so you can steward wisely and live faithfully.

Smarter Stewardship

<p>They say that winners never quit and quitters never win, but that’s not really true, is it? What if you’re trying to quit a bad habit?</p><p>It’s not only okay to quit a bad habit; it’s something we should always strive to do—especially with investing. Mark Biller joins us today with a list of bad habits you should quit if you find yourself doing them.</p><p>Mark Biller is Executive Editor and Senior Portfolio Manager at <a href="https://soundmindinvesting.org/?%24web_only=true&amp;_branch_match_id=1295850508872026842&amp;utm_source=moneywise&amp;utm_medium=moneywise&amp;_branch_referrer=H4sIAAAAAAAAA8soKSkottLXL8ozMsnWSywo0MvJzMvWT9Uvzi%2FNS8nNzEvJzCtLLS7JzEsHAC68E5srAAAA">Sound Mind Investing</a>, an underwriter of <a href="https://www.faithfi.com/show">Faith & Finance</a>. </p><h3>Go Ahead, Be a Quitter</h3><p>In a recent article titled <a href="https://soundmindinvesting.com/articles/go-ahead-be-a-quitter">“Go Ahead, Be a Quitter”</a> at <a href="http://soundmindinvesting.com">SoundMindInvesting.com</a>, six bad investing habits are discussed as they explain why quitting them can lead to better financial outcomes.</p><h3>1. Quit Standing on the Sidelines</h3><p>One of the worst habits in investing is not starting at all. Time is crucial for building wealth, thanks to the power of compound interest—often referred to as the “8th wonder of the world.” Investing in well-managed, growing businesses, primarily through stocks, has historically provided returns that outpace inflation. So, instead of staying on the sidelines, become a part-owner of corporate America by investing.</p><h3>2. Quit Waiting for a “Low-Risk” Entry Point</h3><p>Trying to time the market is nearly impossible. Waiting for the “perfect” moment often means missing out on valuable time in the market. Over any five-year period, a diversified stock portfolio rarely loses money and frequently produces high returns. Consistency and patience, rather than timing, are the true keys to long-term growth.</p><h3>3. Quit Looking for a Reason to Sell</h3><p>Every financial expert seems to have a new doom-and-gloom prediction, but tuning into this noise can hurt long-term gains. Inflation—not market downturns—is often the biggest threat to wealth, and stocks are one of the best defenses against inflation. Instead of looking for reasons to sell, commit to investing long-term and avoid unnecessary panic.</p><h3>4. Quit Making Things Complicated</h3><p>Avoid drowning in economic forecasts, technical analyses, and frequent trades. Instead, pick solid investments and hold on to them. The simpler your approach, the easier it will be to stay the course.</p><h3>5. Quit Obsessing Over Short-Term Results</h3><p>Checking your portfolio daily can lead to emotional highs and lows, tempting you to trade based on short-term results rather than long-term goals. Instead, limit your portfolio checks to avoid unnecessary stress and stay focused on your broader financial objectives.</p><h3>6. Quit Worrying—Trust and Invest with Peace</h3><p>Instead of letting fear drive your investment decisions, remember 2 Timothy 1:7: <i>“God has not given us a spirit of fear, but of power and of love and of a sound mind.”</i> Trust in God’s provision, follow His principles, and invest from a place of peace rather than anxiety.</p><p>For more on these principles, check out his full article, <a href="https://soundmindinvesting.com/articles/go-ahead-be-a-quitter">“Go Ahead, Be a Quitter,”</a> at <a href="http://soundmindinvesting.org">SoundMindInvesting.org</a>.</p><h3>On Today’s Program, Rob Answers Listener Questions:</h3><ul><li>I'm considering withdrawing $20,000 to $30,000 from our $148,896 IRA to help purchase a new one-floor home for my husband. What are your thoughts on this, and what would the tax implications be?</li><li>I need some money to keep safe and liquid, as the high-yield interest rates I've been getting are about to go down. I may need to use this money to buy my mom's house for my sister in the future. What would you recommend as a safe investment option that can still provide a decent yield while keeping the money accessible?</li><li>My wife and I are looking to invest in a faith-based way, focusing on index funds and ETFs. Do you have any specific low-cost, faith-aligned recommendations we could consider for our investment portfolio?</li><li>I want to share how reading the <a href="https://www.amazon.com/True-Riches-Jesus-Really-About/dp/140020853X"><i>True Riches</i></a> book has changed my husband's and my approach to finances as a church. We've canceled our Amazon Prime membership to reduce materialism, and we're learning to be more intentional with our spending and generous beyond tithing. The book has really shifted our mindset to a kingdom-focused perspective on managing our resources.</li></ul><h3>Resources Mentioned:</h3><ul><li><a href="https://www.amazon.com/True-Riches-Jesus-Really-About/dp/140020853X">True Riches: What Jesus Really Said About Money and Your Heart by John Cortines and Gregory Baumer</a></li><li><a href="https://soundmindinvesting.com/articles/go-ahead-be-a-quitter">Go Ahead, Be a Quitter (Article by Sound Mind Investing)</a></li><li><a href="https://www.eventideinvestments.com/?%24web_only=true&amp;_branch_match_id=1354437665083707365&amp;_branch_referrer=H4sIAAAAAAAAA8soKSkottLXL8ozMsnWSywo0MvJzMvWT9VPLUvNK8lMSbWvK0pNSy0qysxLj08qyi8vTi2ydc4oys9NBQCUfLRbOwAAAA%3D%3D">Eventide Asset Management</a></li><li><a href="https://www.faithandinvesting.com/faithfi/">List of Faith-Based Investment Funds</a></li><li><a href="https://www.faithfi.com/sparrows">Look At The Sparrows: A 21-Day Devotional on Financial Fear and Anxiety</a></li><li><a href="https://www.faithfi.com/rtg">Rich Toward God: A Study on the Parable of the Rich Fool</a></li><li><a href="https://www.faithfi.com/find">Find a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)</a></li><li><a href="https://www.faithfi.com/manage">FaithFi App</a></li></ul>
<p><p>Remember, you can call in to ask your questions most days at (800) 525-7000. Faith &amp; Finance is also available on the <a href="https://www.moodyradio.org/programs/faith-and-finance/">Moody Radio Network </a>and <a href="https://afr.net/podcasts/faith-finance/">American Family Radio</a>. Visit our website at <a href="https://www.faithfi.com/">FaithFi.com </a>where you can join the FaithFi Community <a href="https://www.faithfi.com/give">and give </a>as we expand our outreach.</p></p>

They say that winners never quit and quitters never win, but that’s not really true, is it? What if you’re trying to quit a bad habit?

It’s not only okay to quit a bad habit; it’s something we should always strive to do—especially with investing. Mark Biller joins us today with a list of bad habits you should quit if you find yourself doing them.

Mark Biller is Executive Editor and Senior Portfolio Manager at Sound Mind Investing, an underwriter of Faith & Finance.

6 Bad Investing Habits to Quit with Mark Biller

<p>You’ve heard of the Great Wealth Transfer taking place as Baby Boomers pass away, but did you know that women will inherit the majority of those assets?</p><p>It’s true. The Great Wealth Transfer is really horizontal, with widows inheriting most private wealth before it’s passed on to the next generation. Sharon Epps joins us today to talk about how women should prepare.</p><p>Sharon Epps is the president of <a href="https://kingdomadvisors.com/">Kingdom Advisors</a>, our parent organization. Kingdom Advisors is a group dedicated to training financial professionals to guide and advise you according to biblical principles.</p><h3>Women as the Primary Inheritors</h3><p>One surprising fact is that women will inherit the majority of this wealth. Since women typically outlive men by about six to seven years, <a href="https://www.mckinsey.com/industries/financial-services/our-insights/women-as-the-next-wave-of-growth-in-us-wealth-management">nearly 70%</a> will experience widowhood and manage their spouse’s share of assets. </p><p>In addition to inheriting from their husbands, many women will also receive an inheritance from their parents, and, increasingly, they are generating their own income through employment. This convergence of income streams will place an estimated two-thirds of U.S. assets—around $30 trillion—under women’s control by 2030, according to <a href="https://www.mckinsey.com/industries/financial-services/our-insights/women-as-the-next-wave-of-growth-in-us-wealth-management">McKinsey & Company</a>.</p><h3>The Heart of Generosity: Purpose, Passion, and Plan</h3><p>The wealth transfer isn’t just about financial assets; it’s a significant opportunity for generosity. Three key factors inspire generosity: purpose, passion, and planning.</p><ol><li><strong>Purpose:</strong> A strong sense of purpose can motivate people to give more. Research from <a href="https://womendoingwell.org/our-story-our-research/">Women Doing Well</a> revealed that women who score high on purpose tend to donate around 14% of their income, compared to 9% for those with lower purpose scores.</li><li><strong>Passion:</strong> Passion for a cause often stems from personal experiences of pain or suffering. This deeply held belief leads people to make sacrificial giving decisions. When people align their hearts with God’s, they are inspired to give courageously and with conviction, connecting their generosity to meaningful experiences.</li><li><strong>Planning:</strong> Effective financial planning is essential for generosity, especially for women who aspire to give more but may lack the structure to manage their finances for greater impact. Financial planning and passion must work hand-in-hand to create a lasting legacy of giving.</li></ol><h3>Building a Generous Legacy: Preparing for Wealth Responsibility</h3><p>With the responsibility of managing inherited wealth, women must be equipped with spiritual foundations and financial wisdom. Three main influences support women’s generosity:</p><ol><li>Understanding that God owns it all.</li><li>Personal spiritual disciplines like Bible study and prayer.</li><li>Receiving teaching on stewardship.</li></ol><p>When women embrace these principles, they can approach wealth with a mindset of stewardship rather than ownership, seeing it as a resource to bless others.</p><h3>Women and Collaborative Giving</h3><p>Women often approach giving differently than men, preferring collaboration and community. Studies from the <a href="https://www.ncfgiving.com/stories/the-role-of-women-in-the-greatest-stewardship-opportunity-in-history/#:~:text=Women%20are%20twice%20as%20likely,versus%208%20percent%20of%20men).">National Christian Foundation</a> show that women are twice as likely to participate in collaborative giving, pooling resources with others to maximize their impact. Women seek transformational experiences rather than merely transactional ones, often using giving as a means to disciple their families and build stronger connections within their communities.</p><p>For women looking to embrace generosity and connect with like-minded individuals, we recommend organizations such as <a href="https://womendoingwell.org/">Women Doing Well</a>, <a href="https://generousgiving.org/">Generous Giving</a>, and the <a href="https://www.ncfgiving.com/">National Christian Foundation (NCF)</a>. These groups offer opportunities for women to strategize, collaborate, and grow in their giving journey.</p><h3>Embracing Generosity as a Lasting Legacy</h3><p>As the wealth transfer unfolds, the unique generosity of women presents an unparalleled chance to impact future generations. For those who steward this opportunity with purpose, passion, and a solid plan, the legacy of giving can become not only a financial blessing but a tool for discipleship and transformation.</p><p>Connecting with organizations and communities that support women’s giving can help women maximize this historic moment and courageously and convictionally live out the principles of generosity.</p><h3>On Today’s Program, Rob Answers Listener Questions:</h3><ul><li>I'm 75, and my husband is 78. If he passes away, I'll lose about $4,000 per month in income. I have $2,800 from teacher retirement, $662 in social security, and $2,000 from a 403(b). I've saved $80,000 and can save an extra $4,000 monthly. I'm concerned about managing the $4,000 income drop and what to do with the $80,000 I've saved.</li><li>My wife and I own two homes—one is a rental property I moved out of in 2022. We're trying to determine the best time to sell both properties and how to maximize the capital gains exclusion, especially since we both had primary residences prior to getting married in 2022.</li></ul><h3>Resources Mentioned:</h3><ul><li><a href="https://generousgiving.org/">Generous Giving</a></li><li><a href="https://www.ncfgiving.com/">National Christian Foundation (NCF)</a></li><li><a href="https://womendoingwell.org/">Women Doing Well</a></li><li><a href="https://www.faithfi.com/sparrows">Look At The Sparrows: A 21-Day Devotional on Financial Fear and Anxiety</a></li><li><a href="https://www.faithfi.com/rtg">Rich Toward God: A Study on the Parable of the Rich Fool</a></li><li><a href="https://www.faithfi.com/find">Find a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)</a></li><li><a href="https://www.faithfi.com/manage">FaithFi App</a></li></ul>
<p><p>Remember, you can call in to ask your questions most days at (800) 525-7000. Faith &amp; Finance is also available on the <a href="https://www.moodyradio.org/programs/faith-and-finance/">Moody Radio Network </a>and <a href="https://afr.net/podcasts/faith-finance/">American Family Radio</a>. Visit our website at <a href="https://www.faithfi.com/">FaithFi.com </a>where you can join the FaithFi Community <a href="https://www.faithfi.com/give">and give </a>as we expand our outreach.</p></p>

You’ve heard of the Great Wealth Transfer taking place as Baby Boomers pass away, but did you know that women will inherit the majority of those assets?

It’s true. The Great Wealth Transfer is really horizontal, with widows inheriting most private wealth before it’s passed on to the next generation. Sharon Epps joins us today to talk about how women should prepare.

Sharon Epps is the president of Kingdom Advisors, our parent organization. Kingdom Advisors is a group dedicated to training financial professionals to guide and advise you according to biblical principles.

Women and the Great Wealth Transfer with Sharon Epps

<p><i>“A soft answer turns away wrath, but a harsh word stirs up anger.” - Proverbs 15:1</i></p><p>That verse reminds us to keep a cool head when we experience conflict or crisis in a relationship—and maybe even more…when that crisis involves the marriage relationship. Howard Dayton joins us today to talk about surviving a marriage crisis.</p><p>Howard Dayton is the founder of <a href="https://compassfinancialministry.org/">Compass Financial Ministry</a> and the former host of this program. He is also the author of several books on Christian Finance and Stewardship, including <a href="https://www.amazon.com/Money-Marriage-Gods-Howard-Dayton/dp/0802422586"><i>Money and Marriage God's Way</i></a>.</p><h3>Recognizing the Warning Signs of a Marital Crisis</h3><p>Marriage challenges can emerge when stress or unresolved conflicts grow too intense for a couple to manage. Financial struggles, in particular, often go beyond “dollars and cents” and can breed emotions like anger, resentment, and frustration. This strain can lead to poor communication or even emotional withdrawal. A financial crisis in marriage becomes incredibly complex when both partners contribute to it, eroding trust in the relationship.</p><p>People handle crises differently; some respond with intense emotions, while others may withdraw and become more introspective. Howard emphasizes the importance of allowing each spouse to process the situation in their own way while offering mutual support. In times of difficulty, a marriage can either strengthen or weaken. Interestingly, the pain of a crisis can also spark positive change, prompting impulsive spenders to become more mindful or encouraging couples to deepen their relationship with Christ.</p><h3>Practical Steps to Work Through Marital Conflict</h3><p>To support couples facing a financial crisis, here are a few practical steps to guide healing:</p><ol><li><strong>Pray Together for Wisdom</strong>—Begin by asking for God’s guidance and wisdom.</li><li><strong>Set Ground Rules for Communication</strong>—Agree on respectful ways to handle conflicts, including the option for a “time-out” to cool down and pray together if emotions escalate.</li><li><strong>Use Kind Words</strong>—Avoid hurtful language, as it can cause lasting damage.</li><li><strong>Write Letters to Each Other</strong>—Sometimes, writing down feelings can help clarify issues. Afterward, meet to discuss these letters, pray, and address the issues raised.</li><li><strong>Identify and Repent of Any Sins</strong>—Acknowledge any harmful behaviors, such as addiction, and take steps toward repentance and recovery.</li><li><strong>Seek the Source of the Hurt</strong>—Ask God to reveal the underlying sources of pain and disconnect.</li><li><strong>Work to Rebuild the Marriage</strong>—Each spouse should find someone to hold them accountable as they make better choices.</li></ol><h3>Seeking Outside Help When Needed</h3><p>If these steps don’t resolve the crisis, it may be time to seek outside help. A qualified, mature Christian counselor can offer valuable guidance when a couple is unable to work through challenges on their own. Of course, there are situations where divorce may occur due to abuse, adultery, or addiction; however, many marital issues can be overcome with commitment from both partners.</p><p>The goal of financial unity in marriage is to make decisions together, listen to each other, and view finances as a shared resource. This oneness fosters trust, transparency, and partnership in every area of life.</p><p>For more on this topic, check out Howard Dayton’s book, <a href="https://www.amazon.com/Money-Marriage-Gods-Howard-Dayton/dp/0802422586"><i>Money and Marriage God’s Way</i></a>, which delves deeper into building a unified financial and marital life.</p><h3>On Today’s Program, Rob Answers Listener Questions:</h3><ul><li>I have cancer and will likely pass away soon. My husband and I have separate finances due to a prenup. I have about $700,000 saved, and I want to know how much I should leave to my husband versus leaving it to the Lord's work, as my husband would likely want me to leave it all to him.</li><li>I'm retired and have substantial savings that I transferred to an IRA. I've learned about the 'spend-down' when looking to enter a care facility as you age. Is it too soon for me to start spending down this IRA money, and how should I go about doing that?</li><li>I have some kids who haven't been very responsible with their finances. One is about 44, and the other is 32. I've been considering getting a term life insurance policy on them so that if something happens to them because of their lifestyle choices, I would have something I could give to their children. Is this a good idea, and how much coverage should I get?</li><li>I know you've said that identity theft insurance is unnecessary, but what about the $2 million coverage for stolen funds and expenses that some policies provide? Is that something I should consider getting, even if it's an expense?</li></ul><h3>Resources Mentioned:</h3><ul><li><a href="https://compassfinancialministry.org/">Compass Financial Ministry</a></li><li><a href="https://www.amazon.com/Money-Marriage-Gods-Howard-Dayton/dp/0802422586">Money and Marriage God’s Way by Howard Dayton</a></li><li><a href="https://www.familylife.com/familylifeblended/blended-families/">FamilyLife Blended</a></li><li><a href="https://www.faithfi.com/sparrows">Look At The Sparrows: A 21-Day Devotional on Financial Fear and Anxiety</a></li><li><a href="https://www.faithfi.com/rtg">Rich Toward God: A Study on the Parable of the Rich Fool</a></li><li><a href="https://www.faithfi.com/find">Find a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)</a></li><li><a href="https://www.faithfi.com/manage">FaithFi App</a></li></ul>
<p><p>Remember, you can call in to ask your questions most days at (800) 525-7000. Faith &amp; Finance is also available on the <a href="https://www.moodyradio.org/programs/faith-and-finance/">Moody Radio Network </a>and <a href="https://afr.net/podcasts/faith-finance/">American Family Radio</a>. Visit our website at <a href="https://www.faithfi.com/">FaithFi.com </a>where you can join the FaithFi Community <a href="https://www.faithfi.com/give">and give </a>as we expand our outreach.</p></p>

“A soft answer turns away wrath, but a harsh word stirs up anger.” - Proverbs 15:1

That verse reminds us to keep a cool head when we experience conflict or crisis in a relationship—and maybe even more…when that crisis involves the marriage relationship. Howard Dayton joins us today to talk about surviving a marriage crisis.

Howard Dayton is the founder of Compass Financial Ministry and the former host of this program. He is also the author of several books on Christian Finance and Stewardship, including Money and Marriage God's Way.

Solving A Marriage Crisis with Howard Dayton

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