<p><i>"His master said to him, ‘Well done, good and faithful servant. You have been faithful over a little; I will set you over much. Enter into the joy of your master.’”</i> — Matthew 25:21</p><p>Those are the words every believer longs to hear. That’s why it’s important to regularly reflect on how we’re stewarding the resources God has entrusted to us. Today, Rachel McDonough joins us to share three key Scriptures and prayers to help guide us in faithful stewardship.</p><p><a href="https://www.rachelmcdonough.com/">Rachel McDonough</a> is a Certified Financial Planner (CFP®), a <a href="https://kingdomadvisors.com/">Certified Kingdom Advisor (CKA®)</a>, and a regular <a href="https://www.faithfi.com/show">Faith & Finance</a> contributor.</p><p>These passages reveal that what seems wise from a financial standpoint may sometimes be wasteful in God’s eyes, and what appears to be wasteful may, in fact, be an act of deep wisdom. True stewardship isn’t just about following formulas—it’s about surrendering our hearts to God.</p><h3>1. The Woman Who Anointed Jesus: Extravagant Worship</h3><p>Our first passage comes from a well-known story found in all four Gospels—the woman who anointed Jesus.</p><p>Jesus was at a dinner party when a woman entered and broke a bottle of expensive perfume, pouring it over Him in an act of extravagant worship. The disciples were outraged, arguing that the perfume should have been sold and the money given to the poor. Yet, Jesus saw it differently. He recognized her act as a prophetic preparation for His burial, honoring her sacrifice.</p><p>From a financial perspective, this act seemed irresponsible—her life savings were gone instantly. But in God’s economy, radical, sold-out worship is never wasted. When Jesus becomes our ultimate treasure, we position ourselves to live in step with His divine purposes.</p><h3>A Prayer for Worshipful Stewardship</h3><p><i>"God, give us eyes to see that the true treasure is You, not wealth. Help us to pour out extravagant worship at the feet of Jesus, holding nothing back. Teach us to move beyond routine generosity and embrace radical worship. Align our hearts with the rhythms of heaven so that we are available for Your purposes in every kairos moment. Amen."</i></p><h3>2. The Prodigal Son’s Father: A Heart for People, Not Just Money</h3><p>We often focus on the prodigal son in Jesus’ parable, but what if we shift our attention to the father?</p><p>When the younger son demanded his inheritance and squandered it, the father allowed him to make a major financial mistake. From a worldly perspective, this decision was both unwise and unfair—especially to the older, responsible son. But the father’s actions reflected God’s heart, showing that relationships matter more than wealth.</p><p>As stewards, we often want to control how money is used, especially when passing wealth to the next generation. Yet, God’s example shows that our trust should be in Him, not in financial security. Just as Jesus entrusted the moneybag to Judas despite knowing his character, we, too, must release control and trust God to work in our children’s lives.</p><h3>A Prayer for Generational Stewardship</h3><p><i>"Father God, help us see that real value is found in people, not money. Teach us to cherish and train up the next generation, knowing that they can do far more for Your Kingdom than our wealth ever could. Free us from the fear that leads to control, and fill us with faith that You are the true provider. May Your blessing extend for a thousand generations, shaping hearts that desire to serve You. Amen."</i></p><h3>3. The Rich Fool: Avoiding Self-Reliance in Wealth</h3><p>Jesus’ parable of the rich fool (Luke 12) warns against the dangers of hoarding wealth without consulting God. When a farmer received an abundant harvest, he decided to build bigger barns to store it all rather than seek God’s guidance. He assumed financial security equated to a long, worry-free life. But God called him a fool because his soul would be required of him that very night.</p><p>When we experience financial blessings, our first instinct is often to protect and preserve. But stewardship isn’t about accumulation or self-reliance—it’s about trusting God and using our resources for His Kingdom. Wealth must never replace God as our source of security.</p><h3>A Prayer for Humble Stewardship</h3><p><i>"God, help us to see that the purpose of stewardship is not self-preservation or accumulation. You alone are our provider. Protect our hearts from the deceitfulness of wealth, which falsely promises security and significance. When money tempts us to rely on ourselves—teach us to unclench our fists and give freely. May our generosity reflect our trust in You, and may we cherish what You cherish—loving relationships and eternal Kingdom impact. Amen."</i></p><h3>True Stewardship Reflects God's Heart</h3><p>Stewardship is not just about wise money management—it’s about reflecting God’s character in the way we handle wealth. When our abundance is found in Christ, generosity flows naturally from a grateful heart.</p><p>As Proverbs 21:5 reminds us:</p><p><i>"The plans of the diligent lead surely to abundance, but everyone who is hasty comes only to poverty."</i></p><p>Let us be diligent in our stewardship but also faithful in seeking God's purpose. May our financial decisions flow from a heart that treasures God above all else.</p><p>For more insights on biblical stewardship from Rachel McDonough, visit <a href="https://www.wealthsq.com/">WealthSq.com</a>.</p><h3>On Today’s Program, Rob Answers Listener Questions:</h3><ul><li>I received $17,000 unexpectedly and wanted to put it in CDs, but my bank no longer offers those high rates. I saw someone on TV suggest looking for high-interest savings accounts, but I'm unsure about using online banks. What would you advise?</li><li>I'm 65 and taking $2,100 per month from a Jackson fund. I'm putting $900 back into a growth fund, but I'm using the extra $1,100 to help my family. Should I put all $2,100 back into the growth fund instead of enjoying it now, or would that take away from my kids' inheritance later?</li></ul><h3>Resources Mentioned:</h3><ul><li><a href="https://faithfi.com/give">Faithful Steward: FaithFi’s New Quarterly Magazine</a></li><li><a href="https://www.mycccu.com/faithfi/">Christian Community Credit Union (CCCU)</a></li><li><a href="http://wealthsq.com">WealthSq.com</a></li><li><a href="http://bankrate.com">Bankrate.com</a></li><li><a href="https://www.faithfi.com/shop/wisdomoverwealth">Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money (Pre-Order)</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>

FaithFi

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

"His master said to him, ‘Well done, good and faithful servant. You have been faithful over a little; I will set you over much. Enter into the joy of your master.’” — Matthew 25:21

Those are the words every believer longs to hear. That’s why it’s important to regularly reflect on how we’re stewarding the resources God has entrusted to us. Today, Rachel McDonough joins us to share three key Scriptures and prayers to help guide us in faithful stewardship.

Rachel McDonough is a Certified Financial Planner (CFP®), a Certified Kingdom Advisor (CKA®), and a regular Faith & Finance contributor.

These passages reveal that what seems wise from a financial standpoint may sometimes be wasteful in God’s eyes, and what appears to be wasteful may, in fact, be an act of deep wisdom. True stewardship isn’t just about following formulas—it’s about surrendering our hearts to God.

Three Prayers from a Heart of Stewardship with Rachel McDonough

<p>Did you hear about the guy who owned last year’s top-performing funds? Yeah, it's too bad he bought them this year, though.</p><p>There’s a lot of evidence to suggest that buying and holding index funds will pay off in the long run. Benji Bailey joins us today to make the case with some impressive numbers.</p><p>Benji Bailey is Vice President of Investments and Senior Fixed Income Manager at <a href="https://www.praxisinvests.com/?utm_campaign=praxis-all-moneywise&amp;utm_source=moneywise&amp;utm_medium=partner-site-link&amp;utm_content=logo-">Praxis Mutual Funds</a>, an underwriter of <a href="https://www.faithfi.com/show">Faith & Finance</a>.</p><h3>The Importance of Indexes in Investing</h3><p>To understand index funds, we can view them like guideposts in a national park. Just as signs direct visitors to scenic views and help them stay on the right path, indexes serve as essential benchmarks for investors. These benchmarks, such as the S&amp;P 500 for large-cap stocks or the Bloomberg Aggregate for bonds, allow investors to measure their progress toward financial goals.</p><p>Without these guideposts, investors risk straying off course, possibly realizing too late that their portfolio has been heading in the wrong direction. Publicly available indexes provide a crucial check-in, ensuring investments align with long-term objectives.</p><p>Many investors believe they can outperform the market by actively trading stocks. However, research suggests otherwise. A <a href="https://faculty.haas.berkeley.edu/odean/papers%20current%20versions/individual_investor_performance_final.pdf">study published in <i>The Journal of Finance</i></a> found that individuals who frequently traded stocks underperformed compared to those who traded less.</p><p>Over a six-year period:</p><ul><li>The market returned approximately 18% annually.</li><li>Less active traders saw returns of around 16.4%.</li><li>The most active traders only achieved 11.4%, underperforming by over 6%.</li></ul><p>This trend highlights the dangers of excessive trading. Warren Buffett summarized it well: <i>“The stock market is designed to transfer money from the active to the patient.”</i> The Bible echoes this wisdom in Proverbs 13:11: <i>“Wealth gained hastily will dwindle, but whoever gathers little by little will increase it.”</i></p><h3>Active vs. Passive Mutual Funds</h3><p>A key distinction in investing is the difference between active and passive mutual funds:</p><ul><li><strong>Active funds:</strong> Managed by professionals who handpick a smaller set of stocks, hoping to outperform the market.</li><li><strong>Passive funds:</strong> Designed to mirror an index, holding a broad range of stocks for stable, long-term growth.</li></ul><p><a href="https://www.investmentnews.com/etfs/active-funds-still-struggling-against-passive-peers-morningstar-says/259668#:~:text=%22Across%20asset%20classes%2C%20underperformance%20rates%20typically%20rose,active%20managers%20outperformed.%22%20Active%20large%2Dgrowth%20funds%20have">According to Morningstar</a>, over the past 15 years, only 9% of actively managed large-cap funds outperformed their passive counterparts—meaning 91% of active funds underperformed. This data suggests that passive investing can be a more reliable strategy for many investors.</p><h3>Aligning Investments with Faith Values</h3><p>Many faith-driven investors worry that traditional index funds may include companies whose values don’t align with their beliefs. <a href="https://www.praxisinvests.com/?utm_campaign=praxis-all-moneywise&amp;utm_source=moneywise&amp;utm_medium=partner-site-link&amp;utm_content=logo-">Praxis Mutual Funds</a> addresses this concern by screening out companies involved in industries such as:</p><ul><li>Alcohol</li><li>Tobacco</li><li>Gambling</li><li>Abortion-related businesses</li></ul><p>However, the more companies an investor removes from an index, the greater the potential for volatility in returns. For example, removing just one company from the S&amp;P 500 would have little impact, but excluding half of the index’s stocks would significantly increase volatility.</p><p><a href="https://www.praxisinvests.com/?utm_campaign=praxis-all-moneywise&amp;utm_source=moneywise&amp;utm_medium=partner-site-link&amp;utm_content=logo-">Praxis Mutual Funds</a> utilizes an optimized equity index strategy to balance faith-based values with financial performance. Instead of replicating an index, Praxis screens out objectionable companies and uses a software-driven approach to reallocate funds into a diversified mix that closely tracks the market’s performance.</p><p>This method allows faith-based investors to remain aligned with their values without sacrificing reasonable returns.</p><h3>The Role of Patience in Investing</h3><p>Market volatility can make investing an emotional challenge. Many investors instinctively buy when the market is high and sell when it’s low—precisely the opposite of what leads to long-term success.</p><p>Historical data shows that the S&amp;P 500 has had an average annual return of around 10% over the past 97 years, but actual yearly returns rarely fall near that average. Investors who stay the course and focus on long-term gains are more likely to benefit from market growth.</p><p>The Bible encourages this patient approach in Ecclesiastes 11:2: <i>“Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land.”</i> Diversification and patience are essential principles for wise investing.</p><h3>Making a Positive Impact Through Investing</h3><p>Beyond screening out specific companies, <a href="https://www.praxisinvests.com/?utm_campaign=praxis-all-moneywise&amp;utm_source=moneywise&amp;utm_medium=partner-site-link&amp;utm_content=logo-">Praxis Mutual Funds</a> takes an active role in making a positive impact through:</p><ul><li><strong>Proxy voting:</strong> Ensuring shareholder influence aligns with faith values.</li><li><strong>Shareholder engagement:</strong> Advocating for ethical corporate practices.</li><li><strong>Community development investing:</strong> Allocating 1% of funds to microfinance and social impact projects.</li></ul><p>Faith-based investing is about more than avoiding harmful industries; it’s also about using investment dollars to create meaningful, Christ-centered change in the world. Whether through index funds or faith-based investment strategies, the goal is to align financial decisions with biblical principles.</p><p>As Proverbs 21:5 reminds us: <i>“The plans of the diligent lead surely to abundance, but everyone who is hasty comes only to poverty.”</i> A well-planned investment strategy, guided by faith and patience, can lead to lasting financial fruitfulness.</p><p>For those interested in learning more about faith-based investing, Praxis Mutual Funds provides a wealth of information at<a href="https://www.praxisinvests.com"> PraxisInvests.com</a>.</p><h3>On Today’s Program, Rob Answers Listener Questions:</h3><ul><li>As the executor of my deceased relative's estate, do I need to report my role to <a href="https://fincen.gov/">FinCEN</a>, similar to reporting the controlling party of a company?</li><li>I'm 85, and I draw Social Security. I used to do side jobs, and when I filed my taxes because of the side jobs, my CPA told me I don't need to file taxes anymore since I'm on Social Security. Now I'm hearing they're talking about cutting taxes on Social Security, so I'm confused. Do I still need to file taxes if Social Security is my only income?</li></ul><h3>Resources Mentioned:</h3><ul><li><a href="https://faithfi.com/give">Faithful Steward: FaithFi’s New Quarterly Magazine</a></li><li><a href="https://www.praxisinvests.com/?utm_campaign=praxis-all-moneywise&amp;utm_source=moneywise&amp;utm_medium=partner-site-link&amp;utm_content=logo-">Praxis Mutual Funds</a></li><li><a href="https://www.amazon.com/Neither-Poverty-nor-Riches-Possessions/dp/0830826076/ref=sr_1_1?crid=29WPGOUT67VU8&amp;dib=eyJ2IjoiMSJ9.bFpcr53lsVwhzTT2Yy5ZMS33SKUOp-6pqPlYnixQ6113Zvg7TItIL_oGHc0LEH40_hakz7bn2mOe_8xHfTMm7g.k86Yz4BfOlqXCkmyc958sUU8febJwZAClFpBI-zHvDc&amp;dib_tag=se&amp;keywords=neither+poverty+nor+riches+by+craig+blomberg&amp;qid=1741804410&amp;sprefix=neither+pover%2Caps%2C112&amp;sr=8-1">Neither Poverty nor Riches: A Biblical Theology of Possessions (Volume 7) (New Studies in Biblical Theology) by Dr. Craig Blomberg</a></li><li><a href="https://www.faithfi.com/shop/wisdomoverwealth">Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money (Pre-Order)</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>

Did you hear about the guy who owned last year’s top-performing funds? Yeah, it's too bad he bought them this year, though.

There’s a lot of evidence to suggest that buying and holding index funds will pay off in the long run. Benji Bailey joins us today to make the case with some impressive numbers.

Benji Bailey is Vice President of Investments and Senior Fixed Income Manager at Praxis Mutual Funds, an underwriter of Faith & Finance.

Understanding Index Funds with Benji Bailey

<p><i>"And the King will answer them, ‘Truly, I say to you, as you did it to one of the least of these my brothers, you did it to me.’"</i> - Matthew 25:40</p><p>Millions of people around the world need the basic necessities of life, but even more importantly—they need the Gospel. One organization is helping them receive both. Kelly Miller joins us with an impact report.</p><p>Kelly Miller is the CEO and President of <a href="https://crossinternational.netviewshop.com/faith01012025">Cross International</a>, an underwriter of <a href="https://www.faithfi.com/show">Faith & Finance</a>.</p><h3>A Ministry Model Built on Partnership</h3><p>Cross International’s approach to global missions is unique. Instead of working independently, they partner with local Christian organizations, churches, and nonprofits in the countries where they serve.</p><p>These local partners know their communities far better than we do, and <a href="https://crossinternational.netviewshop.com/faith01012025">Cross International</a>’s role is to walk alongside them and help them expand on what God has already called them to do.</p><p>This collaborative model not only maximizes impact but also reflects the unity of the Body of Christ as believers across the globe work together to serve those in desperate need.</p><h3>An Impact Report: What God is Doing Through Cross International</h3><p><a href="https://crossinternational.netviewshop.com/faith01012025">Cross International's mission</a> goes beyond charity. It is about sharing Jesus' love while addressing critical physical needs.</p><p>Here’s a snapshot of what God is doing through their ministry:</p><ul><li>40,000 children and adults receive food support annually</li><li>Over 3 million servings of fortified rice were provided last year</li><li>16,000 people gained access to clean, safe drinking water</li><li>Hundreds of thousands received medical supplies and essential medicines</li></ul><p>Each of these numbers represents real lives being changed—people who are now experiencing hope, stability, and the love of Christ.</p><h3>Serving in Crisis: Cross International’s Work in Haiti</h3><p>Haiti has endured political instability, gang violence, and natural disasters, yet in the midst of turmoil, Cross International continues to bring hope.</p><h3>Key Ministries in Haiti:</h3><ul><li>Primary education for thousands of children</li><li>Tutoring and vocational training to prepare young people for employment</li><li>Daily nutritious meals—often the only meal a child will eat all-day</li></ul><p>Despite the negative news headlines, God is moving in Haiti, and Cross International is at the forefront of that transformation.</p><h3>Caring for Orphans and Vulnerable Children in Africa</h3><p>In many African nations, AIDS, poverty, and natural disasters have left countless children orphaned and homeless. Through their partnerships, <a href="https://crossinternational.netviewshop.com/faith01012025">Cross International</a> provides:</p><ul><li>Education and tutoring for at-risk children</li><li>Daily meal support for children without food security</li><li>Home rebuilding for families living in unstable, mud-based housing</li></ul><p>By offering stable housing, education, and nourishment, <a href="https://crossinternational.netviewshop.com/faith01012025">Cross International</a> is breaking the cycle of poverty for these children and their families.</p><p>One of the most inspiring aspects of Cross International’s work is how it transforms entire communities.</p><p>Take Malawi, for example—a country where child malnutrition and extreme poverty are common. Without the feeding program, many children would not go to school. The cycle of poverty would continue. In many cases, young girls would be married off at 11 or 12 years old because their families cannot afford to feed them. This program is breaking that cycle.</p><p>Through Cross International’s work in Tanganyika, Malawi, over 500 children receive food, education, and discipleship—offering them a new future filled with hope and purpose.</p><h3>Meeting Spiritual Needs Alongside Physical Ones</h3><p><a href="https://crossinternational.netviewshop.com/faith01012025">Cross International</a> provides food, water, and education, but it also shares the life-changing truth of the Gospel with its beneficiaries.</p><p>Children need to be rooted in God’s Word from a young age because navigating life becomes much harder without it. When they learn early on, they grow up with the unshakable truth that God is their provider, guiding and sustaining them through every season of life.</p><p>Cross International’s faith-centered mission is a direct response to 1 John 3:17, which reminds us that true love for God is demonstrated in how we care for those in need.</p><h3>How You Can Partner with Cross International</h3><p>Cross International has launched the <a href="http://crossinternational.org/thriving-kids/">Thriving Kids Initiative</a>, a program designed to help orphaned, vulnerable, and disabled children not only survive but thrive.</p><p>By focusing on three key areas:</p><ul><li>Strengthening families</li><li>Building faith communities<br />Providing essential resources (food, water, shelter, education)</li></ul><p>Cross International creates a foundation for long-term stability and spiritual growth.</p><p>For just $62 a month, you can provide:</p><ul><li>Nutritious meals</li><li>Clean and safe drinking water</li><li>Education and discipleship</li></ul><p>Visit crossinternational.org/faith to become a monthly partner.</p><p>As believers, we are called to use our financial resources for God’s purposes. Partnering with <a href="https://crossinternational.netviewshop.com/faith01012025">Cross International</a> is a tangible way to invest in lives, eternity, and the Kingdom of God.</p><p>God entrusts us with wealth so we can join Him in His work, using our resources to further His Kingdom. As the Body of Christ, let’s come together to transform lives and bring the hope of Jesus to those in greatest need.</p><h3>On Today’s Program, Rob Answers Listener Questions:</h3><ul><li>I have a question about rebalancing for 401(k) accounts. My husband and I are both retired now, and our advisor is advising us to rebalance. I'm not sure what the pros and cons are of rebalancing. What should I know about it?</li><li>I have a few hundred thousand dollars that I want to invest, but I don't know where to start. I have about $100,000 in a savings account and another $100,000 in an 18-month CD, earning 4.5%. What should I do with this money to start investing it?</li><li>I have a question about how Social Security benefits are calculated. Do they base them on my last employment or my highest income during my working years?</li></ul><h3>Resources Mentioned:</h3><ul><li><a href="https://faithfi.com/give">Faithful Steward: FaithFi’s New Quarterly Magazine</a></li><li><a href="https://crossinternational.netviewshop.com/faith01012025">Cross International</a></li><li><a href="https://www.savingforcollege.com/">SavingForCollege.com</a></li><li><a href="https://www.faithfi.com/shop/wisdomoverwealth">Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money (Pre-Order)</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>

"And the King will answer them, ‘Truly, I say to you, as you did it to one of the least of these my brothers, you did it to me.’" - Matthew 25:40

Millions of people around the world need the basic necessities of life, but even more importantly—they need the Gospel. One organization is helping them receive both. Kelly Miller joins us with an impact report.

Kelly Miller is the CEO and President of Cross International, an underwriter of Faith & Finance.

Helping the “Least of These” with Kelly Miller

They say you shouldn’t sweat the small stuff, but that doesn’t mean you can ignore the big stuff, either. When it comes to finances, and especially investing, it’s important to get the big moves right. Mark Biller joins us today to go over the things that need special attention.

Mark Biller is Executive Editor and Senior Portfolio Manager at [Sound Mind Investing](https://soundmindinvesting.org/?%24web_only=true&_branch_match_id=1295850508872026842&utm_source=moneywise&utm_medium=moneywise&_branch_referrer=H4sIAAAAAAAAA8soKSkottLXL8ozMsnWSywo0MvJzMvWT9Uvzi%2FNS8nNzEvJzCtLLS7JzEsHAC68E5srAAAA), an underwriter of [Faith & Finance](https://www.faithfi.com/show). 

Today, we’ll cover some key takeaways from [Sound Mind Investing](https://soundmindinvesting.org/?%24web_only=true&_branch_match_id=1406008510245626691&utm_source=moneywise&utm_medium=moneywise&_branch_referrer=H4sIAAAAAAAAA8soKSkottLXL8ozMsnWSywo0MvJzMvWT9Uvzi%2FNS8nNzEvJzCtLLS7JzEu3rytKTUstKgIy45OK8suLU4tsnTOK8nNTAU0jnGBFAAAA)’s recent article, [_Getting the Big Moves Right_](https://soundmindinvesting.com/articles/getting-the-big-moves-right), which explores seven critical investment decisions that can make or break your financial future.

### 1\. Have a Clear Investing Plan

As the old saying goes from the Cheshire Cat from Alice in Wonderland, _"If you don’t know where you’re going, it doesn’t matter which way you go."_ A successful investment strategy starts with a plan—one that outlines:

* Your target retirement date

* The amount you hope to have saved by that date

* The steps needed to achieve that goal

Without an investment plan, it’s easy to drift or make hasty decisions based on emotions or short-term market fluctuations.

### 2\. Commit to Investing Consistently

One of the most significant factors in successful investing is how much you invest each month. While everyone’s situation differs, investing 10–15% of your monthly income during your working years is a general rule of thumb.

Your age, retirement timeline, and savings goals will influence this percentage, but the key is to make investing a consistent habit—not something you do only when you have extra cash.

### 3\. Get Your Asset Allocation Right

There’s no such thing as a “perfect portfolio” that always wins in the market. Instead of chasing returns, focus on the right mix of investments for your:

* Time horizon (how long you have until retirement)

* Risk tolerance (your ability to withstand market fluctuations)

At [SMI (Sound Mind Investing)](https://soundmindinvesting.org/?%24web_only=true&_branch_match_id=1406008510245626691&utm_source=moneywise&utm_medium=moneywise&_branch_referrer=H4sIAAAAAAAAA8soKSkottLXL8ozMsnWSywo0MvJzMvWT9Uvzi%2FNS8nNzEvJzCtLLS7JzEu3rytKTUstKgIy45OK8suLU4tsnTOK8nNTAU0jnGBFAAAA), their members start with a risk tolerance quiz to determine the best balance between stocks and bonds. A well-diversified portfolio ensures that when one part of the market struggles, another part can provide stability.

### 4\. Choose Investments Wisely

Many investors fall into the trap of buying stocks or funds based on hype or following the latest market trend. Instead, focus on:

* Process-driven investment strategies that guide decisions based on long-term goals

* Diversification across asset classes to minimize risk

* Avoiding emotional investing based on fear or excitement

Rather than constantly adjusting your portfolio based on short-term news, stick to a disciplined investment approach that aligns with your financial plan.

### 5\. Measure Success with the Right Benchmark

Too many investors compare their portfolios to popular stock indexes like the S&P 500, but this can be misleading.

If your portfolio contains more than just large U.S. stocks, using the S&P 500 as your benchmark may lead to unrealistic expectations. Instead, measure success based on:

* Your personal financial goals

* The average return needed to achieve those goals

In other words, success isn’t about “beating the market”—it’s about making steady progress toward your investment objectives.

### 6\. Limit How Often You Check Your Investments

One of the biggest emotional traps investors fall into is checking their portfolios too frequently.

* Daily monitoring can lead to panic-driven decisions

* Overtrading increases costs and reduces long-term gains

* Market fluctuations are expected, and checking too often can create unnecessary stress

At [SMI (Sound Mind Investing)](https://soundmindinvesting.org/?%24web_only=true&_branch_match_id=1406008510245626691&utm_source=moneywise&utm_medium=moneywise&_branch_referrer=H4sIAAAAAAAAA8soKSkottLXL8ozMsnWSywo0MvJzMvWT9Uvzi%2FNS8nNzEvJzCtLLS7JzEu3rytKTUstKgIy45OK8suLU4tsnTOK8nNTAU0jnGBFAAAA), they recommend checking investments monthly—or even quarterly—to maintain a long-term perspective.

### 7\. Stay Committed for the Long Haul

Many investors struggle with "grass-is-greener" syndrome, constantly switching:

* Investment strategies

* Financial advisors

* Individual stocks and funds

While there are appropriate times to make changes, they happen far less frequently than most investors think. Choose your investment strategy carefully, then stick with it—even when market conditions fluctuate.

### What to Let Go of for Investment Success

Once you’ve nailed the big investment moves, free yourself from these distractions:

1. **Daily Market News**—Most headlines are designed to create fear or hype, not provide useful long-term advice.  

    

2. **The “What-If” Game**—Don’t waste time thinking about missed opportunities—focus on future decisions.  

    

3. **Portfolio Micro-Management**—Diversification means some investments will perform better than others at different times. Stay patient and trust your strategy.

Investing isn’t about perfection—it’s about faithfulness and consistency. Here’s how to ensure long-term success:

* Create an investment plan

* Stick to your strategy

* Commit to steady investing

* Monitor progress with the right benchmarks

* Limit emotional reactions to market noise

The key to financial freedom isn’t found in chasing quick gains—it’s in making faithful, long-term decisions that align with wise stewardship principles. Above all, trust God as your ultimate provider. Investing is a tool for wise financial stewardship, but our true security is in Him—not in our portfolio’s performance.

To dive deeper into today’s discussion, check out the full article [_Getting the Big Moves Right_](https://soundmindinvesting.com/articles/getting-the-big-moves-right) at [SoundMindInvesting.org](https://soundmindinvesting.org/?%24web_only=true&_branch_match_id=1406008510245626691&utm_source=moneywise&utm_medium=moneywise&_branch_referrer=H4sIAAAAAAAAA8soKSkottLXL8ozMsnWSywo0MvJzMvWT9Uvzi%2FNS8nNzEvJzCtLLS7JzEu3rytKTUstKgIy45OK8suLU4tsnTOK8nNTAU0jnGBFAAAA). Want personalized guidance? [SMI (Sound Mind Investing)](https://soundmindinvesting.org/?%24web_only=true&_branch_match_id=1406008510245626691&utm_source=moneywise&utm_medium=moneywise&_branch_referrer=H4sIAAAAAAAAA8soKSkottLXL8ozMsnWSywo0MvJzMvWT9Uvzi%2FNS8nNzEvJzCtLLS7JzEu3rytKTUstKgIy45OK8suLU4tsnTOK8nNTAU0jnGBFAAAA) offers tools like the risk tolerance quiz and MoneyGuidePro to help investors stay on track.

### On Today’s Program, Rob Answers Listener Questions:

* I have a $410,000 universal life insurance policy that I opened in 2020. I now have $30,000 in cash value built up. My children are grown and independent. What would be the best way for me to move that $30,000 somewhere else?

* My dad is starting to retire and has equity in his home. Would it be a good idea for him to take out a reverse mortgage to pay off his significant credit card debt so he can live comfortably in retirement? He still has a mortgage on the home.

### Resources Mentioned:

* [Faithful Steward: FaithFi’s New Quarterly Magazine](https://faithfi.com/give)

* [Getting the Big Moves Right (Sound Mind Investing Article)](https://soundmindinvesting.com/articles/getting-the-big-moves-right)

* [Sound Mind Investing (SMI)](https://soundmindinvesting.org/?%24web_only=true&_branch_match_id=1406008510245626691&utm_source=moneywise&utm_medium=moneywise&_branch_referrer=H4sIAAAAAAAAA8soKSkottLXL8ozMsnWSywo0MvJzMvWT9Uvzi%2FNS8nNzEvJzCtLLS7JzEu3rytKTUstKgIy45OK8suLU4tsnTOK8nNTAU0jnGBFAAAA)

* [Movement Mortgage](https://movement.com/faith?_branch_match_id=1406008510245626691&utm_medium=faithfi&_branch_referrer=H4sIAAAAAAAAA8soKSkottLXL8ozMsnWSywo0MvJzMvWz80vS81NzSuxrytKTUstKsrMS49PKsovL04tsnXOKMrPTQUAaZFz8zkAAAA%3D)

* [Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money (Pre-Order)](https://www.faithfi.com/shop/wisdomoverwealth)

* [Look At The Sparrows: A 21-Day Devotional on Financial Fear and Anxiety](https://www.faithfi.com/sparrows)

* [Rich Toward God: A Study on the Parable of the Rich Fool](https://www.faithfi.com/rtg)

* [Find a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)](https://www.faithfi.com/find)

* [FaithFi App](https://www.faithfi.com/manage)

<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>

Investing: Getting the Big Moves Right with Mark Biller

<p>As the saying goes, you don’t need to be wealthy to start saving—but you do need savings to build wealth.</p><p>Right now, one of the best ways to grow your savings is by taking advantage of high-yield savings accounts. But how long will these elevated rates last? Let’s explore what’s driving these rates and what you can do to maximize your savings.</p><h3>The Role of a Savings Account</h3><p>Before we dive into high-yield savings, let’s clarify what a savings account is—and what it’s not. Unlike investing accounts involving higher risk, a savings account is a secure place for short-term financial needs.</p><p>A savings account is ideal for:</p><ul><li>Your emergency fund</li><li>Big purchases you plan to make in the next few years, such as a car or home repairs</li></ul><p>Currently, some online savings accounts offer interest rates between 4.75% and 5%, significantly outperforming traditional brick-and-mortar banks. But why are these rates so high?</p><h3>The Inflation Factor: Why Rates Are High</h3><p>Inflation plays a significant role in determining interest rates. The Federal Reserve typically raises interest rates to slow inflation down when inflation rises.</p><p>Over the past couple of years, inflation has remained higher than the Fed’s 2% target. As a result, the Fed has held off on cutting rates as originally anticipated.</p><ul><li><strong>Bad news?</strong> If you have a variable-rate loan like a credit card or home equity line of credit, you’re paying more in interest.</li><li><strong>Good news?</strong> You're earning more on your savings if you have a high-yield savings account.</li></ul><p>Because banks adjust their rates based on the Fed’s actions, the question remains: How long will these higher yields last?</p><h3>Will Savings Yields Stay High?</h3><p>Only God knows for sure, but we can make an educated guess based on two factors:</p><ol><li><strong>The latest inflation numbers</strong>—If inflation continues around 3%, the Fed may hold steady, keeping savings rates high.</li><li><strong>The Federal Reserve’s reaction</strong>—If inflation drops to 2.5%, the Fed might cut interest rates, eventually leading to lower savings yields.</li></ol><p>Even when the Fed does cut rates, it can take time for savings yields to follow. Banks tend to delay lowering interest rates on savings accounts. Likewise, when the Fed raises rates, banks take their time increasing yields.</p><p>Why? Because banks don’t want to be the first to make a move. They wait to see how competitors react so they can stay within industry standards while remaining competitive.</p><h3>How to Get the Best Savings Rates</h3><p>Since banks adjust rates at their own pace, it’s wise to monitor trends. If your bank consistently offers lower yields than what’s available online, consider moving your money.</p><p>To compare savings rates, check websites like:</p><ul><li><a href="https://www.bankrate.com">Bankrate</a></li><li><a href="https://www.nerdwallet.com">NerdWallet</a></li></ul><p>Additionally, if savings account yields start dropping, you might consider alternatives like:</p><ul><li><strong>Certificates of Deposit (CDs)</strong>—Offer fixed, higher yields for a set period.</li><li><strong>Money Market Accounts</strong>—Typically have higher yields than standard savings accounts.</li></ul><h3>Credit Unions: A Hidden Gem for High Yields</h3><p>If you’re dissatisfied with your bank’s rates, you don’t necessarily need to switch to an online bank. Credit unions often offer higher savings yields than traditional banks.</p><p>Unlike for-profit banks, credit unions return profits to their members through:</p><ul><li>Higher interest rates on savings</li><li>Lower fees and better loan rates</li></ul><p>One faith-based option is <a href="https://www.mycccu.com/faithfi/">Christian Community Credit Union</a>, which offers competitive savings rates and gives a portion of its revenues to support ministry efforts worldwide. Learn more at<a href="https://www.joinchristiancommunity.org"> JoinChristianCommunity.org</a>.</p><p>Proverbs 13:11 offers timeless wisdom on the importance of saving:</p><p><i>“Wealth gained hastily will dwindle, but whoever gathers little by little will increase it.”</i></p><p>The key to faithful financial stewardship is making wise, intentional choices—whether that’s finding the best savings rate or consistently setting aside money for the future.</p><p>As you grow your savings, remember that true stewardship isn’t just about accumulating wealth—it’s about using what God has entrusted to you wisely.</p><h3>On Today’s Program, Rob Answers Listener Questions:</h3><ul><li>How can I have a conversation with my spouse to combine our finances instead of keeping them separate? It seems like we're both always out of money when we keep them separate.</li><li>I've heard you talk about qualified charitable deductions, and I wanted to ask if I can use them for my tithes. I'm 70 years old. How exactly does it work?</li><li>How do I compare the value of the pension plan I have in my current job to a 401(k) that other employers may offer?</li><li>I've received a $1,780 per month retirement windfall. My son is suggesting I invest in Bitcoin, but what would you recommend I do to be a good steward of this money?</li></ul><h3>Resources Mentioned:</h3><ul><li><a href="https://faithfi.com/give">Faithful Steward: FaithFi’s New Quarterly Magazine</a></li><li><a href="https://www.mycccu.com/faithfi/">Christian Community Credit Union</a></li><li><a href="https://www.amazon.com/dp/0802422586/?bestFormat=true&amp;k=money%20and%20marriage%20god%27s%20way&amp;ref_=nb_sb_ss_w_scx-ent-pd-bk-d_de_k1_1_18&amp;crid=1N60CB2ZRGB9G&amp;sprefix=money%20and%20marriage">Money and Marriage God's Way by Howard Dayto</a>n</li><li><a href="https://www.faithfi.com/shop/wisdomoverwealth">Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money (Pre-Order)</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>

As the saying goes, you don’t need to be wealthy to start saving—but you do need savings to build wealth.

Right now, one of the best ways to grow your savings is by taking advantage of high-yield savings accounts. But how long will these elevated rates last? Let’s explore what’s driving these rates and what you can do to maximize your savings.

High Yield Savings: Get it While It’s Hot

<p><i>"If then you have not been faithful in the unrighteous wealth, who will entrust to you the true riches?"</i> – Luke 16:11</p><p>Managing money wisely in today’s fast-paced world isn’t always easy. With so many financial demands, it’s tempting to take shortcuts—grabbing coffee on the go, eating out instead of cooking, or neglecting a budget altogether. But faithfulness in finances requires intentionality. Here’s how you can stay faithful in managing your money according to biblical principles.</p><p>Before making financial decisions, seek God’s wisdom. James 1:5 reminds us, <i>“If any of you lacks wisdom, let him ask God, who gives generously to all without reproach, and it will be given him.”</i> Set aside time each week to pray over your finances and seek God’s direction.</p><h3>Create a Spending Plan</h3><p>A budget is essential for financial faithfulness. Without one, it’s easy to overspend and struggle to meet obligations. If you don’t have a budget, download the free <a href="https://www.faithfi.com/manage">FaithFi app</a>, which provides step-by-step guidance for setting up a plan and tracking expenses.</p><p>If your income isn’t covering expenses, you have two choices: cut spending or increase income. Trimming expenses is often the easier option.</p><h3>Cut Unnecessary Expenses</h3><p>Start by reviewing where you spend the most. While housing costs may be fixed, food expenses can be reduced with intentional planning:</p><ul><li>Limit dining out to once or twice a month.</li><li>Meal plan and shop with a list to avoid impulse purchases.</li><li>Consider online grocery shopping to stick to a budget and avoid overspending.</li></ul><p>Beyond food, look for other savings opportunities:</p><ul><li>Cancel unused streaming subscriptions.</li><li>Form a babysitting pool with other parents.</li><li>Seek out free local activities for entertainment.</li></ul><h3>Build an Emergency Fund</h3><p>Financial stability requires preparation. Start by setting aside $1,500 for unexpected expenses like car repairs or medical bills. Gradually work toward saving three to six months’ worth of living expenses. The peace of mind an emergency fund provides is worth the effort.</p><h3>Tackle Debt Strategically</h3><p>If you’re burdened by debt, follow Proverbs 22:7, which warns, <i>“…the borrower is slave to the lender.”</i> Develop a plan to pay off consumer debt using the snowball method:</p><ol><li>Pay minimums on all debts.</li><li>Focus extra payments on the smallest balance.</li><li>Once that debt is paid, roll payments into the next smallest.</li><li>Repeat until you’re debt-free.</li></ol><p>If you’re struggling to make minimum payments, consider a debt management plan through <a href="https://christiancreditcounselors.org/FaithFi/?%24web_only=true&amp;_branch_match_id=1406008510245626691&amp;utm_medium=moneywise&amp;_branch_referrer=H4sIAAAAAAAAAwXBQQqAMAwEwB81IJ4E8eBDpNZoQ2taNhFvvt2Z7N5tIoIOYwmx91BFCzGlDDGXqAl8iKf2qHFtsOUDnwyIXtuO9hpjXjPazT%2BMgBPcTAAAAA%3D%3D">Christian Credit Counselors</a>, who can help reduce interest rates and speed up repayment.</p><h3>Save for the Future</h3><p>Once consumer debt is eliminated, shift your focus to retirement savings. Aim to invest 10-15% of your income in a tax-advantaged account like an IRA or 401(k). If your employer offers matching contributions, take advantage of this free money as soon as possible.</p><h3>Practice Generosity</h3><p>Giving is at the heart of financial faithfulness. Commit to tithing regularly to your local church and seek opportunities to bless others through sacrificial giving. As Jesus said in Acts 20:35, <i>“It is more blessed to give than to receive.”</i></p><p>By following these principles—prayer, budgeting, saving, eliminating debt, and giving—you can remain faithful in managing the resources God has entrusted to you.</p><h3>On Today’s Program, Rob Answers Listener Questions:</h3><ul><li>My wife is retired. I am 59, and I want to retire next year. So our house is paid off. Vehicles, we have some rented houses. They're almost paid off. When should we take or try to take our Social Security?</li><li>I'm 50 years old, self-employed, and max out my Roth IRA yearly. I have a question about Social Security—do you expect it to still be around in the next 20 years, or should someone like me be concerned about its future?</li><li>I have a universal life insurance policy worth about $10,500, and my premiums were recently updated to $50 per month until 2031. However, I don’t necessarily need the policy since I’ve donated my body to a hospital, which means I won’t have funeral expenses. Therefore, I’m considering surrendering the policy, depositing the cash value into a bank account, and redirecting the $50 monthly premium into savings instead of continuing the policy. Is this a wise financial decision?</li><li>My son has about $10,000 in credit card debt. He called the <a href="https://christiancreditcounselors.org/FaithFi/?%24web_only=true&amp;_branch_match_id=1406008510245626691&amp;utm_medium=moneywise&amp;_branch_referrer=H4sIAAAAAAAAAwXBQQqAMAwEwB81IJ4E8eBDpNZoQ2taNhFvvt2Z7N5tIoIOYwmx91BFCzGlDDGXqAl8iKf2qHFtsOUDnwyIXtuO9hpjXjPazT%2BMgBPcTAAAAA%3D%3D">Christian Credit Counselors</a>, who could help him. But he's also $30,000 in debt to payday cash loans, which charge him 300% interest. Unfortunately, they have said that they can’t help him with those. Is there any avenue through which he can get help with payday loans?</li></ul><h3>Resources Mentioned:</h3><ul><li><a href="https://faithfi.com/give">Faithful Steward: FaithFi’s New Quarterly Magazine</a></li><li><a href="https://chministries.org/info-pack/?hsCtaTracking=a1d865ee-68d9-42ca-af69-b1d362723b82%7Caea8c871-b92e-4d02-a4fd-f8deb79957c4&amp;utm_campaign=spsr_faithfi&amp;utm_source=faithfi&amp;utm_medium=faithfi_partner_landing_page_info_pack_button_chm_info_pack&amp;utm_content=info_pack">Christian Healthcare Ministries (CHM)</a></li><li><a href="https://www.consumerfinance.gov/complaint/">Consumer Financial Protection Bureau</a></li><li><a href="https://christiancreditcounselors.org/FaithFi/?%24web_only=true&amp;_branch_match_id=1406008510245626691&amp;utm_medium=moneywise&amp;_branch_referrer=H4sIAAAAAAAAAwXBQQqAMAwEwB81IJ4E8eBDpNZoQ2taNhFvvt2Z7N5tIoIOYwmx91BFCzGlDDGXqAl8iKf2qHFtsOUDnwyIXtuO9hpjXjPazT%2BMgBPcTAAAAA%3D%3D">Christian Credit Counselors</a></li><li><a href="https://www.faithfi.com/shop/wisdomoverwealth">Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money (Pre-Order)</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>

"If then you have not been faithful in the unrighteous wealth, who will entrust to you the true riches?" – Luke 16:11

Managing money wisely in today’s fast-paced world isn’t always easy. With so many financial demands, it’s tempting to take shortcuts—grabbing coffee on the go, eating out instead of cooking, or neglecting a budget altogether. But faithfulness in finances requires intentionality. Here’s how you can stay faithful in managing your money according to biblical principles.

Before making financial decisions, seek God’s 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.” Set aside time each week to pray over your finances and seek God’s direction.

Financially Faithful in the Busyness of Life

<p>A.W. Tozer once wrote in The Knowledge of the Holy, <i>“What comes into our minds when we think about God is the most important thing about us.”</i> Our understanding of God influences everything—including how we handle what He has entrusted to us.</p><p>In the Parable of the Talents (Matthew 25:14-30), Jesus tells a story that reveals how our perception of God directly affects our stewardship. Three servants are given different amounts of money while their master is away. Two invest what they receive and are rewarded for their faithfulness. The third, however, buries his portion out of fear. His failure wasn’t just financial—it was a failure of understanding his master’s character.</p><h3>A Misunderstanding That Led to Fear</h3><p>At first glance, the punishment of the third servant might seem extreme. After all, he didn’t lose the money—he simply didn’t invest it. But Jesus’ parable isn’t just about financial stewardship; it’s about how we see God.</p><p>The third servant viewed his master as <i>“a hard man”</i> (Matthew 25:24), someone to be feared rather than trusted. His words reveal the issue of his heart:</p><p><i>“Master, I knew that you are a hard man, harvesting where you have not sown and gathering where you have not scattered seed. So I was afraid and went out and hid your gold in the ground.”</i> - Matthew 25:24-25</p><p>His fear of failure led him to inaction. Instead of seeing an opportunity, he saw a trap. Instead of seeing generosity, he saw harshness. And because of that, he did nothing.</p><p>This is the danger of a wrong view of God. When we perceive Him as an unrelenting taskmaster, we shrink back—afraid to fail, hesitant to step out, reluctant to engage with what He has given us. We bury our talents—whether our time, resources, or gifts—assuming He is more interested in punishment than partnership. But Scripture reminds us:</p><p><i>“There is no fear in love. But perfect love drives out fear, because fear has to do with punishment.”</i> - 1 John 4:18</p><h3>Faith and Trust Lead to Fruitfulness</h3><p>In contrast, the first two servants acted in faith. They saw their master as someone worth serving, embracing their responsibility with joy. They took risks, multiplied what they had been given, and were met with their master’s praise:</p><p><i>“Well done, good and faithful servant! You have been faithful with a few things; I will put you in charge of many things. Come and share your master’s happiness!”</i> - Matthew 25:21</p><p>The master’s reward wasn’t just about productivity—it was an invitation into deeper joy. Their faithfulness wasn’t about money; it was about trust. They trusted their master’s goodness and acted boldly.</p><p>Many struggle with obedience because they see it as a burden rather than an opportunity. But the faithful servants understood something key: what they had been given actually belonged to their master, and stewarding it well was a privilege.</p><p>Jesus invites us to partner with Him in His work, not because He needs us, but because He delights in working through us. Paul describes this beautifully:</p><p><i>“For we are co-workers in God’s service; you are God’s field, God’s building.”</i> - 1 Corinthians 3:9</p><p>We are not slaves cowering under a harsh master—we are co-laborers in His kingdom. When we understand this, our perspective on obedience changes. Giving, serving, and using our gifts for His glory are no longer seen as obligations but as privileges.</p><h3>Living as Faithful Stewards</h3><p>The real tragedy of the third servant is that he never truly knew his master. His false perception led to his inaction, and his master’s response is sobering:</p><p><i>“Throw that worthless servant outside, into the darkness, where there will be weeping and gnashing of teeth.”</i> - Matthew 25:30</p><p>This warning isn’t just about stewardship—it’s about our hearts. If we live in fear and refuse to trust God, we will miss out on the joy of His kingdom. In fact, I would venture to say that when some meet Jesus, they may not hear, <i>“I never knew you,”</i> but rather, <i>“You never knew Me.”</i></p><p>But if we truly know Him, we will step forward in faith, eager to invest our lives in His work.</p><p>God invites us to see Him as He truly is—loving, generous, and trustworthy. When we do, we won’t shrink back in fear—we will step forward in faith. Like the faithful servants in the parable, we will hear His words of joy:</p><p><i>“Well done, good and faithful servant.”</i></p><p>Let’s live as stewards who know our Master—trusting in His goodness and investing in His kingdom with boldness and joy.</p><h3>On Today’s Program, Rob Answers Listener Questions:</h3><ul><li>My daughter has $20,000 in credit card debt across five cards. With her husband incarcerated, she's struggling to make the $800 monthly minimum payments. I'm looking for a way to help her consolidate the debt and get a lower interest rate so she can start paying it down.</li><li>We've been offered a good price to sell our 14-year-old business, but I'm concerned about the capital gains taxes we'll owe. Besides investing in our IRAs, are there any other strategies we can use to reduce the taxes we'll have to pay on the sale?</li></ul><h3>Resources Mentioned:</h3><ul><li><a href="https://faithfi.com/give">Faithful Steward: FaithFi’s New Quarterly Magazine</a></li><li><a href="https://www.amazon.com/dp/0060684127/?bestFormat=true&amp;k=the%20knowledge%20of%20the%20holy%20by%20a.w.%20tozer&amp;ref_=nb_sb_ss_w_scx-ent-pd-bk-d_de_k1_1_10&amp;crid=1A5O2WZISP6E7&amp;sprefix=knowledge%20">The Knowledge of the Holy: The Attributes of God: Their Meaning in the Christian Life by A.W. Tozer</a></li><li><a href="https://crossinternational.netviewshop.com/faith01012025">Cross International</a></li><li><a href="https://christiancreditcounselors.org/FaithFi/?%24web_only=true&amp;_branch_match_id=1406008510245626691&amp;utm_medium=moneywise&amp;_branch_referrer=H4sIAAAAAAAAAwXBQQqAMAwEwB81IJ4E8eBDpNZoQ2taNhFvvt2Z7N5tIoIOYwmx91BFCzGlDDGXqAl8iKf2qHFtsOUDnwyIXtuO9hpjXjPazT%2BMgBPcTAAAAA%3D%3D">Christian Credit Counselors</a></li><li><a href="https://www.ncfgiving.com/">National Christian Foundation (NCF)</a></li><li><a href="https://www.faithfi.com/shop/wisdomoverwealth">Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money (Pre-Order)</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.W. Tozer once wrote in The Knowledge of the Holy, “What comes into our minds when we think about God is the most important thing about us.” Our understanding of God influences everything—including how we handle what He has entrusted to us.

In the Parable of the Talents (Matthew 25:14-30), Jesus tells a story that reveals how our perception of God directly affects our stewardship. Three servants are given different amounts of money while their master is away. Two invest what they receive and are rewarded for their faithfulness. The third, however, buries his portion out of fear. His failure wasn’t just financial—it was a failure of understanding his master’s character.

How Our View of God Shapes Our Stewardship

<p>Martin Luther once said, <i>“There is no more lovely, friendly, and charming relationship, communion, or company than a good marriage.”</i></p><p>A strong marriage is a blessing but requires intentional effort, especially in a blended family. Today, Ron Deal and Greg Pettys join the show to discuss a valuable resource for second marriages.</p><p>Ron Deal is a bestselling author, licensed marriage & family therapist, podcaster, and popular conference speaker who specializes in marriage enrichment and stepfamily education and is the co-author of <a href="https://shop.familylife.com/product/the-smart-stepfamily-guide-to-financial-planning/?srsltid=AfmBOoq3VrURu0HAunkXJy6Fz_CtsYQ8LfBcH97jFixI2C-BbTg80O-F">The Smart Stepfamily Guide to Financial Planning: Money Management Before and After You Blend a Family</a>. </p><p>Greg Pettys, CLU, ChFC, CFP, has thirty-four years of specialized experience in securities and life insurance sales and services. He is the co-author of <a href="https://shop.familylife.com/product/the-smart-stepfamily-guide-to-financial-planning/?srsltid=AfmBOoq3VrURu0HAunkXJy6Fz_CtsYQ8LfBcH97jFixI2C-BbTg80O-F">The Smart Stepfamily Guide to Financial Planning: Money Management Before and After You Blend a Family</a>.</p><h3>Understanding the Financial Challenges of Blended Families</h3><p>When two people enter a marriage with previous financial histories, children, and life experiences, their financial situation becomes more complex than that of a first-time marriage. They may bring:</p><ul><li>Separate bank accounts and investments</li><li>Existing debts and financial obligations</li><li>Different parenting and financial philosophies</li><li>The need to provide for children from previous relationships</li><li>Concerns over inheritance and estate planning</li></ul><p>Merging finances in a blended family isn’t just about money—it’s about trust, provision, and love. Without clear communication and planning, financial disagreements can create tension, causing stress in the relationship.</p><h3>What Is a Togetherness Agreement?</h3><p>A Togetherness Agreement is a structured approach for blended couples to clarify their financial decisions, ensuring transparency and unity. More than just a financial plan, it is a tool for fostering trust and eliminating fear. It’s not just about bank accounts and investments—it’s about love, respect, and providing well for one another. It brings clarity to emotionally charged financial topics, ensuring that both partners are aligned in their vision for the future.</p><h3>Why Is a Togetherness Agreement Important?</h3><p><strong>1. It Provides Financial Transparency</strong></p><p>Many couples enter marriage with financial baggage—whether it's debt, differing views on money management, or past experiences that have led to distrust. A Togetherness Agreement creates a safe space for full financial disclosure.</p><p><strong>2. It Helps Prevent Conflict Over Money</strong></p><p>Money is one of the top stressors in any marriage, but in blended families, the stakes are even higher. The agreement ensures both spouses are on the same page regarding financial expectations and responsibilities.</p><p><strong>3. It Protects Children and Future Generations</strong></p><p>Without a clear plan, assets and inheritance can unintentionally drift away from children from previous marriages. The agreement helps ensure that financial resources are distributed according to the couple’s wishes, not just default legal systems.</p><p><strong>4. It Strengthens Marital Trust and Unity</strong></p><p>A Togetherness Agreement fosters open communication, allowing couples to plan their future confidently rather than fearfully. It shifts financial discussions from potential sources of conflict to proactive, loving conversations.</p><h3>What Should a Togetherness Agreement Include?</h3><p>A Togetherness Agreement can be as formal or informal as a couple chooses. While some opt for a legally binding contract, even a simple written plan can be valuable. Key components may include:</p><ul><li><strong>Bank Account Structure</strong>—Should finances be merged, kept separate, or a combination of both?</li><li><strong>Debt and Credit Considerations</strong>—How will existing debts be managed, and how will future credit decisions be made?</li><li><strong>Business Ownership</strong>—If one spouse owns a business, what will happen to it in the event of death or divorce?</li><li><strong>Financial Responsibilities</strong>—Who is responsible for household expenses, savings, and long-term care for aging parents?</li><li><strong>Inheritance and Estate Planning</strong>—How will assets be distributed to biological and stepchildren?</li><li><strong>Contingency Plans</strong>—What provisions are in place for special needs children, elderly parents, or unexpected life changes?</li></ul><h3>When Should Couples Create a Togetherness Agreement?</h3><p>Ideally, discussions about financial planning should begin before marriage. However, it's never too late to start if you’re already married and haven’t had these conversations.</p><p>If you’re dating, start the conversation now. If you’re already married, don’t wait—begin today. <a href="https://shop.familylife.com/product/the-smart-stepfamily-guide-to-financial-planning/?srsltid=AfmBOoq3VrURu0HAunkXJy6Fz_CtsYQ8LfBcH97jFixI2C-BbTg80O-F">The <i>Smart Step Family Guide to Financial Planning</i></a> provides a step-by-step guide to help you navigate these important discussions.</p><p>A Togetherness Agreement is an essential tool for blended families to navigate finances with wisdom, clarity, and love. By fostering open communication and financial unity, couples can build a secure foundation for their marriage and their future.</p><p>If you're in a blended family, consider creating your own Togetherness Agreement today—it might be the most valuable financial decision you ever make.</p><p>For more insights, pick up a copy of <a href="https://shop.familylife.com/product/the-smart-stepfamily-guide-to-financial-planning/?srsltid=AfmBOoq3VrURu0HAunkXJy6Fz_CtsYQ8LfBcH97jFixI2C-BbTg80O-F"><i>The Smart Step Family Guide to Financial Planning</i></a> and start building a financial roadmap that aligns with your family's unique needs.</p><h3>On Today’s Program, Rob Answers Listener Questions:</h3><ul><li>My question has two parts. First, what is the best way to protect myself from identity theft? And second, our home is paid off - what's the best way to protect ourselves so someone can't come in and put a mortgage or lien on our house without us knowing about it?</li><li>I'm calling regarding my estate planning. I remember somewhere in the Bible saying we are required or should leave something for our children and grandchildren. How much should we leave for our grandchildren?</li></ul><h3>Resources Mentioned:</h3><ul><li><a href="https://faithfi.com/give">Faithful Steward: FaithFi’s New Quarterly Magazine</a></li><li><a href="https://www.amazon.com/dp/0764233351/?bestFormat=true&amp;k=the%20smart%20stepfamily%20guide%20to%20financial%20planning&amp;ref_=nb_sb_ss_w_scx-ent-pd-bk-d_de_k0_1_21&amp;crid=3Q6YVHGKJTTII&amp;sprefix=the%20smart%20stepfamily%20">The Smart Stepfamily Guide to Financial Planning: Money Management Before and After You Blend a Family by Ron L. Deal, Greg S. Pettys, and David O. Edwards</a></li><li><a href="https://www.amazon.com/Splitting-Heirs-Children-Without-Ruining/dp/0802413765/ref=sr_1_1?crid=2G2378PXT56VT&amp;dib=eyJ2IjoiMSJ9.AjFIs-iqCuDk9w8kRtfDW5iAkS3CMRjpqTMWzWLLz_kwzWWrutI4xZozszYxV4GLYFI6etmwlsPrPCHiYehvEEIklbKzeGNGWYWRsijVcAT7Asj08unP3ci6VSz3PFqgQUwhCELCYvE83KoB4t0OLtrAyswnKV_Do_s2mgSZcpOGlQQKOAYnAyrN0_wfy3KYPVEY2fyDEVTsBeo8TSJ9ubv-gKRcroIt10UkRXR_1tg.25LfZVMIokTwrom8MWA2CZ_4q21_oYo4lcYNS_MTovA&amp;dib_tag=se&amp;keywords=splitting+heirs&amp;qid=1741232104&amp;sprefix=splitting+heir%2Caps%2C112&amp;sr=8-1">Splitting Heirs: Giving Your Money and Things to Your Children Without Ruining Their Lives by Ron Blue</a></li><li><a href="https://www.faithfi.com/shop/wisdomoverwealth">Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money (Pre-Order)</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>

Martin Luther once said, “There is no more lovely, friendly, and charming relationship, communion, or company than a good marriage.”

A strong marriage is a blessing but requires intentional effort, especially in a blended family. Today, Ron Deal and Greg Pettys join the show to discuss a valuable resource for second marriages.

Ron Deal is a bestselling author, licensed marriage & family therapist, podcaster, and popular conference speaker who specializes in marriage enrichment and stepfamily education and is the co-author of The Smart Stepfamily Guide to Financial Planning: Money Management Before and After You Blend a Family. 

Greg Pettys, CLU, ChFC, CFP, has thirty-four years of specialized experience in securities and life insurance sales and services. He is the co-author of The Smart Stepfamily Guide to Financial Planning: Money Management Before and After You Blend a Family.

Navigating Finances in Blended Families with Ron Deal and Greg Pettys

<p><i>"Do not lay up for yourselves treasures on earth, where moth and rust destroy and where thieves break in and steal, but lay up for yourselves treasures in heaven… “ -  </i> Matthew 6:19-20</p><p>Would you like to rethink your approach to money? Six powerful principles can shift your focus from the temporal to the eternal…and best-selling author Randy Alcorn is here to talk you through them.</p><p>Randy Alcorn is the founder and director of <a href="https://www.epm.org/">Eternal Perspective Ministries (EPM)</a> and the New York Times Bestselling author of more than 60 books, including <a href="https://www.amazon.com/Heaven-Biblical-Answers-Common-Questions/dp/1414313659/ref=sr_1_2_sspa?crid=2ZF0QZYDHOQKV&amp;dib=eyJ2IjoiMSJ9.gwRAFUOGIivUCjCEG-kI-W2E3FrGhpjFfSaNMjhIAF_7hzw7O0xZF9idxUrqfkOXEMkGlnWAjtKDLlSqn5XvWW2Ok1AMBjG2L9QRNA-si9ELqDuGzsX1HvunGy2JQQqmwO8R8yHhYxj8tTb4pjjB0TMuYr4VKWY_9ihUgp642Zh-iP14_IZExxQWDqZ19TjS0ZG0943GBQdGTvjQYORENMbQcwQUoVR9cDstaVKsOfYZtWuZ1fdKPnoGjzT-C2qiBj_3mVhMCXOPQc7WRunU3Wh-OgkAJ7xhgNzjq1iq16k.Q22e2pfUXPxIYS0EFU5nkUNyYs6xEpdu2v66DvD9EpQ&amp;dib_tag=se&amp;keywords=randy+alcorn&amp;qid=1741210993&amp;sprefix=randy+alcorn%2Caps%2C114&amp;sr=8-2-spons&amp;sp_csd=d2lkZ2V0TmFtZT1zcF9hdGY&amp;psc=1"><i>Heaven</i></a>, <a href="https://www.amazon.com/Money-Possessions-Eternity-Randy-Alcorn/dp/0842353607/ref=sr_1_6?crid=2ZF0QZYDHOQKV&amp;dib=eyJ2IjoiMSJ9.gwRAFUOGIivUCjCEG-kI-W2E3FrGhpjFfSaNMjhIAF_7hzw7O0xZF9idxUrqfkOXEMkGlnWAjtKDLlSqn5XvWW2Ok1AMBjG2L9QRNA-si9ELqDuGzsX1HvunGy2JQQqmwO8R8yHhYxj8tTb4pjjB0TMuYr4VKWY_9ihUgp642Zh-iP14_IZExxQWDqZ19TjS0ZG0943GBQdGTvjQYORENMbQcwQUoVR9cDstaVKsOfaphxyc8yWBGTctvqAtDqD4fkiY01Ofyt4SjHubBMVqc6lDBLiXWA8v1kQLIzoiQNJuwFQreE_Xa4M5ivNvYD2plZivaoLTXdksBIti18FEuRXYoBwfO-N83nTzx8xZgIjGtTA5MXVmQXouVWiVrLtjdKlxRr-8iVKMOVuEIzsUaGh_JUFnN4K4MkTrFojk_JDpjqGE4GLuMeNqmdR3W8l8.4ybrg5NIvUvqqS4rsOms2_G7hlGK-3CXHVEK82cUQm4&amp;dib_tag=se&amp;keywords=randy+alcorn&amp;qid=1741211004&amp;sprefix=randy+alcorn%2Caps%2C114&amp;sr=8-6"><i>Money,</i> <i>Possessions, and Eternity</i></a>, <a href="https://www.amazon.com/Treasure-Principle-Revised-Updated-Unlocking/dp/0735290326/ref=sr_1_8?crid=2ZF0QZYDHOQKV&amp;dib=eyJ2IjoiMSJ9.gwRAFUOGIivUCjCEG-kI-W2E3FrGhpjFfSaNMjhIAF_7hzw7O0xZF9idxUrqfkOXEMkGlnWAjtKDLlSqn5XvWW2Ok1AMBjG2L9QRNA-si9ELqDuGzsX1HvunGy2JQQqmwO8R8yHhYxj8tTb4pjjB0TMuYr4VKWY_9ihUgp642Zh-iP14_IZExxQWDqZ19TjS0ZG0943GBQdGTvjQYORENMbQcwQUoVR9cDstaVKsOfaphxyc8yWBGTctvqAtDqD4fkiY01Ofyt4SjHubBMVqc6lDBLiXWA8v1kQLIzoiQNJuwFQreE_Xa4M5ivNvYD2plZivaoLTXdksBIti18FEuRXYoBwfO-N83nTzx8xZgIjGtTA5MXVmQXouVWiVrLtjdKlxRr-8iVKMOVuEIzsUaGh_JUFnN4K4MkTrFojk_JDpjqGE4GLuMeNqmdR3W8l8.4ybrg5NIvUvqqS4rsOms2_G7hlGK-3CXHVEK82cUQm4&amp;dib_tag=se&amp;keywords=randy+alcorn&amp;qid=1741211004&amp;sprefix=randy+alcorn%2Caps%2C114&amp;sr=8-8"><i>The Treasure Principle</i></a>, and <a href="https://www.amazon.com/Giving-Good-Life-Unexpected-Purpose/dp/1496425936/ref=sr_1_1?crid=2NEREZARHF1S9&amp;dib=eyJ2IjoiMSJ9.jtEJJXuVeakZVpgayaPNb2PgZgonCc8zOObc5cx0K2-ocJ3HoiABoKWyP-T9ZwutPRgZXCIz4EX3lwX3du8TXGkE9TA1dxvgmAbEvPe6g73weU0QbFC3c2qvcimQae12zwO0S4QAnWkWc9D4qpQKwPrZhqpvV--3NYcH1HLd9Plkltlm2VzWpTfnXTlOkwAK6p6fn6Sp9j3Mg28YiiBEq5JZ3SE9mfFKcE3Mij1Pg90.hcCK3cEoOxF3rxp-ZAeB_wEvvlrZZ-uFcU6k2jywCjI&amp;dib_tag=se&amp;keywords=randy+alcorn+giving&amp;qid=1741211032&amp;sprefix=randy+alcorn+giving%2Caps%2C119&amp;sr=8-1"><i>Giving Is the Good Life</i></a>. His books have been translated into over seventy languages and have sold over ten million copies.</p><h3>The Foundation: God Owns Everything</h3><p>When we take our cues from the world, it’s easy to develop a flawed perspective on money. But Romans 12:2 calls us to be transformed by the renewing of our minds. That transformation begins with the first principle:</p><p>God owns everything, and I am His money manager.</p><p>This truth alone can radically change how we view our finances. If everything belongs to God, then we are simply stewards of His resources. Just like a financial manager oversees someone else’s wealth, we must ask God what He wants us to do with what He has entrusted to us. Thankfully, He has provided clear guidance in His Word.</p><p>Imagine borrowing a pencil from someone and then breaking it in half. If the pencil belonged to you, that wouldn’t be a big deal. But if it belonged to someone else, breaking it without permission would be wrong. The same is true with money—when we recognize that all we have belongs to God, it changes how we use it.</p><h3>Our Hearts Follow Our Money</h3><p>The second principle in <a href="https://www.amazon.com/Treasure-Principle-Revised-Updated-Unlocking/dp/0735290326/ref=sr_1_8?crid=344K6MNGW03CD&amp;dib=eyJ2IjoiMSJ9.gwRAFUOGIivUCjCEG-kI-W2E3FrGhpjFfSaNMjhIAF_X4Y5-FRwgJ0PcCzT30cDGhXlemqg5dJrj_bAcpzQ-OxQEprh1rZzKKr7L_dZ6SQAkmbUyZ2JB-BnjTLx5ZTrmbwnwVDDzs0imMBlQ5pxJpzMuYr4VKWY_9ihUgp642ZiDibaAKeyV2QpWqq7rM_0GF4QYxlxha9WyXodmqJViV6Uceid7ZfGxbtRqCZaRZpc9F70ufi-frckHcXqSClUng1JJGJG2w1O45jYMATsUSl1jWELc65nWOkC3Esf7_CYYymAfPOesnMkQ-CWDI1Cz5eoWvAB0P5-U5aYPRxuG3QuYvnWpPZcR19Dw43FdwF48KbzE6vP99-khvYIHfq2tF1GTT9m5o9oxHlZX5PyvxKKs2FtHeW7F3fEuBwXk3Gy2iQw8YJTR2APl353zp9e1.WIT-iBI2fNNF5uEq6QmxKktEh1TJ1gy29F2eQkH4Mok&amp;dib_tag=se&amp;keywords=randy+alcorn&amp;qid=1741620848&amp;sprefix=randy+alcorn%2Caps%2C118&amp;sr=8-8"><i>The Treasure Principle</i></a> is equally profound:</p><p>Our heart always goes where we put God’s money.</p><p>This truth comes directly from Matthew 6:21: <i>“For where your treasure is, there your</i> <i>heart will be also.”</i> Many people believe that their giving will naturally follow their heart’s desires. But Jesus turns that idea upside down: If we want to cultivate a heart for God’s kingdom, we need to start by investing in it.</p><p>Want to develop a deeper love for missions? Start giving to missionaries. Want to care more about your church? Invest financially in its ministry. Our hearts follow our treasure.</p><h3>Cultivating an Eternal Perspective</h3><p>Another key principle is:</p><p>Heaven (On Earth) is our home.</p><p>Hebrews 11:16 tells us that believers are <i>“citizens of a better country, a heavenly one.”</i> Recognizing that this version of the world is not our final destination changes how we use our money. Instead of accumulating wealth here, Jesus calls us to store up treasures in heaven (Matthew 6:20).</p><p>But what does that mean? It doesn’t mean stockpiling gold and silver in some celestial bank. Instead, our eternal treasures come from investing in God’s work—supporting ministries, spreading the gospel, and using our resources to help those in need. The money we use today to advance God’s kingdom will have eternal significance.</p><p>Faithful stewardship isn’t about earning salvation—it’s about responding to God’s generosity by using our resources wisely and storing up treasures that will last for eternity.</p><h3>Prosperity with a Purpose</h3><p>Finally, <i>T</i><a href="https://www.amazon.com/Treasure-Principle-Revised-Updated-Unlocking/dp/0735290326/ref=sr_1_8?crid=344K6MNGW03CD&amp;dib=eyJ2IjoiMSJ9.gwRAFUOGIivUCjCEG-kI-W2E3FrGhpjFfSaNMjhIAF_X4Y5-FRwgJ0PcCzT30cDGhXlemqg5dJrj_bAcpzQ-OxQEprh1rZzKKr7L_dZ6SQAkmbUyZ2JB-BnjTLx5ZTrmbwnwVDDzs0imMBlQ5pxJpzMuYr4VKWY_9ihUgp642ZiDibaAKeyV2QpWqq7rM_0GF4QYxlxha9WyXodmqJViV6Uceid7ZfGxbtRqCZaRZpc9F70ufi-frckHcXqSClUng1JJGJG2w1O45jYMATsUSl1jWELc65nWOkC3Esf7_CYYymAfPOesnMkQ-CWDI1Cz5eoWvAB0P5-U5aYPRxuG3QuYvnWpPZcR19Dw43FdwF48KbzE6vP99-khvYIHfq2tF1GTT9m5o9oxHlZX5PyvxKKs2FtHeW7F3fEuBwXk3Gy2iQw8YJTR2APl353zp9e1.WIT-iBI2fNNF5uEq6QmxKktEh1TJ1gy29F2eQkH4Mok&amp;dib_tag=se&amp;keywords=randy+alcorn&amp;qid=1741620848&amp;sprefix=randy+alcorn%2Caps%2C118&amp;sr=8-8"><i>he Treasure Principle</i></a> reminds us that:</p><p>God prospers us not to raise our standard of living but to raise our standard of giving.</p><p>It’s easy to assume that when God blesses us financially, it’s simply for our own benefit. But Scripture calls us to a different mindset. Like a delivery driver who is entrusted with a package to deliver—not to keep—God blesses us so that we can bless others.</p><p>This doesn’t mean we can’t enjoy God’s blessings, but it does mean that we should view our financial increase as an opportunity to be more generous, not just to accumulate more for ourselves.</p><p>At the heart of <a href="https://www.amazon.com/Treasure-Principle-Revised-Updated-Unlocking/dp/0735290326/ref=sr_1_8?crid=344K6MNGW03CD&amp;dib=eyJ2IjoiMSJ9.gwRAFUOGIivUCjCEG-kI-W2E3FrGhpjFfSaNMjhIAF_X4Y5-FRwgJ0PcCzT30cDGhXlemqg5dJrj_bAcpzQ-OxQEprh1rZzKKr7L_dZ6SQAkmbUyZ2JB-BnjTLx5ZTrmbwnwVDDzs0imMBlQ5pxJpzMuYr4VKWY_9ihUgp642ZiDibaAKeyV2QpWqq7rM_0GF4QYxlxha9WyXodmqJViV6Uceid7ZfGxbtRqCZaRZpc9F70ufi-frckHcXqSClUng1JJGJG2w1O45jYMATsUSl1jWELc65nWOkC3Esf7_CYYymAfPOesnMkQ-CWDI1Cz5eoWvAB0P5-U5aYPRxuG3QuYvnWpPZcR19Dw43FdwF48KbzE6vP99-khvYIHfq2tF1GTT9m5o9oxHlZX5PyvxKKs2FtHeW7F3fEuBwXk3Gy2iQw8YJTR2APl353zp9e1.WIT-iBI2fNNF5uEq6QmxKktEh1TJ1gy29F2eQkH4Mok&amp;dib_tag=se&amp;keywords=randy+alcorn&amp;qid=1741620848&amp;sprefix=randy+alcorn%2Caps%2C118&amp;sr=8-8"><i>The Treasure Principle</i></a> is a simple but profound challenge: to see God as our ultimate treasure and money as a tool for His purposes. When we grasp this, it changes everything—how we spend, save, and give.</p><p>If you haven’t read <a href="https://www.amazon.com/Treasure-Principle-Revised-Updated-Unlocking/dp/0735290326/ref=sr_1_8?crid=344K6MNGW03CD&amp;dib=eyJ2IjoiMSJ9.gwRAFUOGIivUCjCEG-kI-W2E3FrGhpjFfSaNMjhIAF_X4Y5-FRwgJ0PcCzT30cDGhXlemqg5dJrj_bAcpzQ-OxQEprh1rZzKKr7L_dZ6SQAkmbUyZ2JB-BnjTLx5ZTrmbwnwVDDzs0imMBlQ5pxJpzMuYr4VKWY_9ihUgp642ZiDibaAKeyV2QpWqq7rM_0GF4QYxlxha9WyXodmqJViV6Uceid7ZfGxbtRqCZaRZpc9F70ufi-frckHcXqSClUng1JJGJG2w1O45jYMATsUSl1jWELc65nWOkC3Esf7_CYYymAfPOesnMkQ-CWDI1Cz5eoWvAB0P5-U5aYPRxuG3QuYvnWpPZcR19Dw43FdwF48KbzE6vP99-khvYIHfq2tF1GTT9m5o9oxHlZX5PyvxKKs2FtHeW7F3fEuBwXk3Gy2iQw8YJTR2APl353zp9e1.WIT-iBI2fNNF5uEq6QmxKktEh1TJ1gy29F2eQkH4Mok&amp;dib_tag=se&amp;keywords=randy+alcorn&amp;qid=1741620848&amp;sprefix=randy+alcorn%2Caps%2C118&amp;sr=8-8"><i>The Treasure Principle</i></a>, we highly encourage you to pick up a copy. It’s a quick read but has the power to reshape your financial perspective for eternity.</p><h3>Faithful Steward: FaithFi’s New Quarterly Magazine</h3><p>Randy’s full article, <i>Understanding the Treasure Principle</i>, is featured in the first issue of <a href="https://www.faithfi.com/give"><i>Faithful Steward</i></a>, FaithFi’s new quarterly magazine. To receive this issue of the magazine and an issue every quarter, become a monthly partner at $35 a month or $400 a year by going to <a href="http://faithfi.com/Give">FaithFi.com/Give</a>. </p><p>Let’s be faithful stewards together, investing in what truly lasts.</p><h3>On Today’s Program, Rob Answers Listener Questions:</h3><ul><li>I have a friend who's married to an unbeliever, and her spouse sees no value in money beyond spending it. Do you have any advice for how she can make a budget and share it with her spouse so that his eyes might be open to the importance of financial stewardship?</li><li>Should we tithe on money that we receive from an insurance payout?</li><li>I have a 401(k) here at work. I'm 67 years old, and I'd like to withdraw money to purchase a car for $25,000 versus taking out a loan and paying interest. Is that something I'm allowed to do, or do I have to talk to the plan administrator? Is it up to the administrator, or is it legal for me to do that?</li><li>Should my daughter put her maturing CDs into a high-yield money market account instead of rolling them over so the money is more accessible if she needs to buy a car?</li></ul><h3>Resources Mentioned:</h3><ul><li><a href="https://faithfi.com/give">Faithful Steward: FaithFi’s New Quarterly Magazine</a></li><li><a href="https://www.amazon.com/dp/0842353607/?bestFormat=true&amp;k=money%20possessions%20and%20eternity%20by%20randy%20alcorn&amp;ref_=nb_sb_ss_w_scx-ent-pd-bk-d_de_k0_1_10&amp;crid=2V4ENRDR1WQQ8&amp;sprefix=money%20poss">Money, Possessions, and Eternity: A Comprehensive Guide to What the Bible Says about Financial Stewardship, Generosity, Materialism, Retirement, Financial Planning, Gambling, Debt, and More by Randy Alcorn</a></li><li><a href="https://www.amazon.com/Treasure-Principle-Revised-Updated-Unlocking/dp/0735290326/ref=sr_1_8?crid=344K6MNGW03CD&amp;dib=eyJ2IjoiMSJ9.gwRAFUOGIivUCjCEG-kI-W2E3FrGhpjFfSaNMjhIAF_X4Y5-FRwgJ0PcCzT30cDGhXlemqg5dJrj_bAcpzQ-OxQEprh1rZzKKr7L_dZ6SQAkmbUyZ2JB-BnjTLx5ZTrmbwnwVDDzs0imMBlQ5pxJpzMuYr4VKWY_9ihUgp642ZiDibaAKeyV2QpWqq7rM_0GF4QYxlxha9WyXodmqJViV6Uceid7ZfGxbtRqCZaRZpc9F70ufi-frckHcXqSClUng1JJGJG2w1O45jYMATsUSl1jWELc65nWOkC3Esf7_CYYymAfPOesnMkQ-CWDI1Cz5eoWvAB0P5-U5aYPRxuG3QuYvnWpPZcR19Dw43FdwF48KbzE6vP99-khvYIHfq2tF1GTT9m5o9oxHlZX5PyvxKKs2FtHeW7F3fEuBwXk3Gy2iQw8YJTR2APl353zp9e1.WIT-iBI2fNNF5uEq6QmxKktEh1TJ1gy29F2eQkH4Mok&amp;dib_tag=se&amp;keywords=randy+alcorn&amp;qid=1741620848&amp;sprefix=randy+alcorn%2Caps%2C118&amp;sr=8-8">The Treasure Principle, Revised and Updated: Unlocking the Secret of Joyful Giving by Randy Alcorn</a></li><li><a href="https://www.amazon.com/dp/1496490657/?bestFormat=true&amp;k=the%20law%20of%20rewards%20randy%20alcorn&amp;ref_=nb_sb_ss_w_scx-ent-pd-bk-d_de_k0_1_20&amp;crid=3DCAAVCLK8PMF&amp;sprefix=randy%20alcorn%20law%20of%20">The Law of Rewards: Giving What You Can’t Keep to Gain What You Can’t Lose by Randy Alcorn</a></li><li><a href="https://www.faithfi.com/shop/wisdomoverwealth">Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money (Pre-Order)</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>

"Do not lay up for yourselves treasures on earth, where moth and rust destroy and where thieves break in and steal, but lay up for yourselves treasures in heaven… “ -   Matthew 6:19-20

Would you like to rethink your approach to money? Six powerful principles can shift your focus from the temporal to the eternal…and best-selling author Randy Alcorn is here to talk you through them.

Randy Alcorn is the founder and director of Eternal Perspective Ministries (EPM) and the New York Times Bestselling author of more than 60 books, including Heaven, Money, Possessions, and Eternity, The Treasure Principle, and Giving Is the Good Life. His books have been translated into over seventy languages and have sold over ten million copies.

Understanding the Treasure Principle with Randy Alcorn

<p><i>“Beware lest you say in your heart, ‘My power and the might of my hand have gotten me this wealth.’ You shall remember the Lord your God, for it is he who gives you power to get wealth…”</i> - Deuteronomy 8:17-18</p><p>This passage powerfully reminds us that God owns everything, and we are merely stewards of what He has entrusted to us for a season. Today, Cody Hobelman joins us to discuss how you can establish your first financial finish line.</p><p>Cody Hobelmann is a Certified Financial Professional (CFP®), a Certified Kingdom Advisor (CKA®), and is the Chief Business Development Officer at <a href="https://www.tpfinancial.com/">Turning Point Financial</a>. He and his brother Kealan founded the <a href="https://www.finishlinepledge.com/"><i>Finish Line Pledge</i></a> and cohost the <a href="https://www.finishlinepledge.com/podcast/">Finish Line Podcast</a>, where they discuss the intersection of faith, generosity, and personal finance.</p><h3>The Challenge of Prosperity</h3><p>Prosperity presents a significant challenge—perhaps more so than hardship. While we live in one of the most prosperous nations in history, this struggle with abundance is not unique to our time.</p><p>The book of Deuteronomy mentions how the Israelites stood on the edge of the Promised Land after 40 years in the desert. Moses knew that once they entered the land flowing with milk and honey, they would face a new kind of test—not hunger, disease, or war, but the temptation to rely on their own strength rather than God’s provision.</p><p>Just as the Israelites needed a reminder that all wealth belongs to God, we, too, need to set guardrails against the deceptive power of wealth. One of the most effective tools for doing this is the concept of a financial finish line.</p><h3>Five Approaches to Giving</h3><p>Before diving into how to set a financial finish line, here are five major approaches to giving:</p><ol><li><strong>Spontaneous Giving</strong>—Giving as needs arise, without much planning.</li><li><strong>A Giving Goal</strong>—Setting a target amount to give annually.</li><li><strong>Percentage Giving</strong>—Committing to give a fixed percentage of income.</li><li><strong>Incremental Percentage Giving</strong>—Increasing the percentage of giving over time.</li><li><strong>A Financial Finish Line</strong>—Setting a cap on personal spending, allowing everything beyond that to be given away.</li></ol><p>The first four methods focus on how much to give, while the financial finish line flips the paradigm. Instead, it asks, <i>“How much do I truly need?</i>” and commits to giving away the excess.</p><h3>Breaking Down the Financial Finish Line</h3><p>So, how do you actually set a financial finish line? Financial stewardship can be broken down into four key categories:</p><ol><li><strong>Personal Spending</strong>—Lifestyle expenses (housing, food, transportation, etc.).</li><li><strong>Taxes</strong>—The portion owed to the government.</li><li><strong>Future Planning</strong>—Savings for upcoming expenses, investments, and retirement.</li><li><strong>Kingdom Building</strong>—Everything given to ministry, charity, and impact projects.</li></ol><p>Since lifestyle spending is the primary determinant of financial behavior, the crucial first step is to cap personal spending.</p><h3>Three Methods to Set a Finish Line</h3><p>Here are three practical approaches to setting your first financial finish line:</p><ol><li><strong>Maintenance Spending Finish Line</strong>—Freezing your current lifestyle spending at a set amount, preventing lifestyle creep as income rises.<br /> </li><li><strong>Benchmark Spending Finish Line</strong>—Using census data or external benchmarks to determine a reasonable spending cap based on objective measures. The Finish Line Pledge website offers a calculator to help with this (<a href="http://finishlinepledge.com/calculator">finishlinepledge.com/calculator</a>).<br /> </li><li><strong>Prioritization Spending Finish Line</strong>—Evaluating where your money currently goes, eliminating non-essential expenses, and focusing only on what aligns with God’s priorities for your life.</li></ol><p>Whichever method you choose, the goal is the same: determine what is “enough” and dedicate the rest to Kingdom impact. This concept is not just for the wealthy. Defining ‘enough’ changes everything; if you never define it, you’ll never reach it.</p><p>Testing your financial finish line for three to six months. Many who do find it transformative—not just financially, but spiritually. It shifts the mindset from ownership to stewardship, freeing us to see money as a tool for God’s Kingdom rather than a source of security.</p><h3>Next Steps: Where to Begin</h3><p>To get started:</p><ol><li>Visit<a href="https://finishlinepledge.com"> finishlinepledge.com</a> and explore the calculator.</li><li>Set a trial finish line for 3–6 months.</li><li>Adjust over time as you refine what “enough” looks like in your life.</li><li>Discuss this approach with a Kingdom-minded financial advisor, especially a <a href="https://www.faithfi.com/find">Certified Kingdom Advisor (CKA)</a>, who can help integrate this principle into a broader financial plan.</li></ol><p>Setting a financial finish line is a process, not a one-time decision. It’s a faith journey that requires intentionality, wisdom, and a willingness to surrender financial control to God.</p><p>If you’re ready to take the next step, check out<a href="https://finishlinepledge.com"> finishlinepledge.com</a> and consider taking the pledge. It may just transform your relationship with money—and with God.</p><h3>Faithful Steward: FaithFi’s New Quarterly Magazine</h3><p>If you’d like to explore this idea further, you can read Cody’s full article, <i>“Setting Your First Finish Line,”</i> in the latest edition of <a href="https://www.faithfi.com/give"><i>Faithful Steward</i></a><i>.</i></p><p>You can receive this quarterly magazine and help equip believers with biblical financial wisdom by becoming a <a href="https://www.faithfi.com/give">FaithFi Partner</a>. With a commitment of $35 a month or $400 annually, you’ll support the mission and ministry of FaithFi. Join us today at <a href="http://faithfi.com/Give">FaithFi.com/Give</a>. </p><h3>On Today’s Program, Rob Answers Listener Questions:</h3><ul><li>I had a question about credit cards and paying those off. When I pay my credit cards off, my credit score goes way down for some reason, and I don't know if that's going to change as I show a zero balance in the future or what?</li></ul><h3>Resources Mentioned:</h3><ul><li><a href="https://faithfi.com/give">Faithful Steward: FaithFi’s New Quarterly Magazine</a></li><li><a href="http://finishlinepledge.com/">The Finish Line Pledge</a></li><li><a href="https://www.faithfi.com/shop/wisdomoverwealth">Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money (Pre-Order)</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>

“Beware lest you say in your heart, ‘My power and the might of my hand have gotten me this wealth.’ You shall remember the Lord your God, for it is he who gives you power to get wealth…” - Deuteronomy 8:17-18

This passage powerfully reminds us that God owns everything, and we are merely stewards of what He has entrusted to us for a season. Today, Cody Hobelman joins us to discuss how you can establish your first financial finish line.

Cody Hobelmann is a Certified Financial Professional (CFP®), a Certified Kingdom Advisor (CKA®), and is the Chief Business Development Officer at Turning Point Financial. He and his brother Kealan founded the Finish Line Pledge and cohost the Finish Line Podcast, where they discuss the intersection of faith, generosity, and personal finance.

Setting Your First Finish Line with Cody Hobelmann

<p>Many people consider frugality to be a Christian virtue—but is it, really?</p><p>We often equate frugality with good financial stewardship, but they’re not exactly the same thing. While frugality can be a wise practice, it doesn’t necessarily lead to true peace or biblical financial wisdom. Let’s explore the key differences and signs that frugality might be going too far.</p><h3>What Is Frugality?</h3><p>Frugality is about being careful with resources—spending less than you earn, saving money, and making economical choices. If you or someone in your household is a conscientious penny-pincher, you likely embrace frugality as a lifestyle.</p><p>Frugality certainly has virtues, such as self-control and patience. Benjamin Franklin’s well-known phrase, <i>“A penny saved is a penny earned,”</i> supports the idea that being financially cautious is a wise practice.</p><p>At Faith and Finance, we encourage people to:</p><ul><li>Save for the future</li><li>Pay down debts</li><li>Avoid overspending</li></ul><p>However, biblical financial stewardship is much bigger than frugality.</p><h3>The Biblical Perspective on Stewardship</h3><p>Frugality alone does not guarantee peace—because, from a biblical perspective, we aren’t the owners of our money or possessions. God is.</p><p>Psalm 24:1 reminds us:</p><p><i>“The earth is the Lord’s, and everything in it.”</i></p><p>Recognizing Christ’s Lordship over our finances shifts the focus from simply cutting costs to honoring God with our resources.</p><p>Jesus teaches in Matthew 6:19-21:</p><p><i>“Do not lay up for yourselves treasures upon earth, where moth and rust destroy, and where thieves break in and steal. But lay up for yourselves treasures in heaven… for where your treasure is, there will your heart be also.”</i></p><p>Frugality can help you save money on earth, but eternal rewards come from a different approach—surrendering your finances to God and using them for His purposes.</p><p>Frugality is a tool, but it must be used in a way that aligns with faithful stewardship. If pursued for its own sake, it can lead to selfishness, greed, and even pride.</p><h3>Signs That Frugality Has Gone Too Far</h3><p>How do you know when frugality has shifted from wise stewardship to financial foolishness? Here are a few red flags:</p><h3>1. You Spend Hours Each Week Just to Save a Few Dollars</h3><ul><li>Do you spend excessive time clipping coupons, hunting for deals, or driving across town to save a few cents on gas?<br /> </li><li>If frugality has become an obsession, it may be time to reassess how you're using your time.</li></ul><h3>2. You Go Without Essentials Just to Save Money</h3><ul><li>Are you skipping necessary expenses—like a bed to sleep on—just because you don’t want to spend money?<br /> </li><li>Being wise with money doesn’t mean depriving yourself of basic needs.</li></ul><h3>3. You Hoard Items Just Because They’re a “Good Deal”</h3><ul><li>Stocking up on necessities is fine, but filling your home with excess items (like a closet overflowing with toothpaste) may indicate a deeper issue—a lack of trust in God’s provision.</li></ul><h3>4. You Compromise Safety for the Sake of Saving Money</h3><ul><li>Eating expired food, skipping necessary medications, or refusing to fix important home repairs just to save a few dollars can be dangerous.<br /> </li><li>Stewardship includes caring for yourself and your family, not just minimizing costs.</li></ul><h3>5. Frugality Feels Like a Competition or an Obligation</h3><ul><li>Do you stress out over every dollar spent?<br /> </li><li>If spending any money at all causes anxiety, you may be placing too much faith in frugality rather than trusting God to provide.</li></ul><h3>6. You Struggle to Be Generous</h3><ul><li>If penny-pinching kills your generosity, that’s a warning sign.<br /> </li><li>Hebrews 13:16 reminds us:<br /><br /><i>“Do not neglect to do good and to share what you have, for such sacrifices are pleasing to God.”</i></li></ul><p>True peace comes not from saving every penny but from trusting in God’s provision and using money for His glory.</p><h3>Finding the Right Balance</h3><p>Every financial habit stems from an underlying mindset. In many cases, extreme frugality results from a lack of balance.</p><p>Here’s how to restore a healthy perspective on money:</p><ul><li><strong>Use your time wisely—</strong>Clipping coupons is fine, but not if it consumes hours each week.</li><li><strong>Prioritize health and well-being—</strong>A healthy family is more valuable than a few extra dollars saved.</li><li><strong>Give generously—</strong>God calls us to share, not hoard.</li><li><strong>Trust God’s provision—</strong>Money is a tool, not an idol.</li></ul><p>As Jesus teaches in Matthew 6:33:</p><p><i>“Seek first God’s kingdom and His righteousness, and all these things will be added to you.”</i></p><p>When you put God first, true peace isn’t found in penny-pinching but in faithful stewardship and reliance on Him.</p><h3>The Greater Purpose of Stewardship</h3><p>Stewardship isn’t just about spending wisely—it’s about using God’s resources for His purposes. Our finances should reflect His kingdom priorities, not just our desire to save money.</p><p>Ultimately, financial stewardship isn’t about how much we save—it’s about trusting God, managing resources wisely, and giving generously to advance His Kingdom. If your frugality has become a burden, it’s time to release it to God and find true peace in His provision.</p><h3>On Today’s Program, Rob Answers Listener Questions:</h3><ul><li>I'm trying to open a Roth IRA but getting stuck on questions about adding margin, options trading, and enabling advanced trading features. I don't have a 401(k) or pension, but my house is paid off. How can I open a simple Roth IRA without those extra features?</li><li>I want to buy a brand-new vehicle for my sister and give her either $20,000 or $30,000 to do so. I would like to know if she has to report this gift on her taxes or if I have to report it on my taxes.</li><li>My mother and uncle recently sold their property in Oklahoma. The paperwork shows that the sale proceeds were distributed to people who are not family members. I'm concerned the property may have been stolen, or the sale mishandled. How can I investigate to see if the funds that should have gone to me and my deceased brother were taken inappropriately?</li><li>I would like to know when it would be a good investment to upgrade or remodel my home. If the improvements cost around 25% of my retirement investment, would that be a wise use of that money? I would also like to know if investing 25% in the home is a good idea since it could increase its value.</li></ul><h3>Resources Mentioned:</h3><ul><li><a href="https://faithfi.com/give">Faithful Steward: FaithFi’s New Quarterly Magazine</a></li><li><a href="https://www.schwab.com/intelligent-portfolios?src=SEM&amp;ef_id=CjwKCAiAlPu9BhAjEiwA5NDSA5xcBED2rEujlZbw2f-Nx8Ijg5iUfrCEj7nfM9NC443UxmIpKzSOehoCvU8QAvD_BwE:G:s&amp;s_kwcid=AL!5158!3!563641296915!e!!g!!schwab%20intelligent%20portfolios!657672170!33393815276&amp;keywordid=kwd-88755627380&amp;gad_source=1&amp;gclid=CjwKCAiAlPu9BhAjEiwA5NDSA5xcBED2rEujlZbw2f-Nx8Ijg5iUfrCEj7nfM9NC443UxmIpKzSOehoCvU8QAvD_BwE">Schwab Intelligent Portfolios</a></li><li><a href="https://www.faithfi.com/shop/wisdomoverwealth">Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money (Pre-Order)</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>

Many people consider frugality to be a Christian virtue—but is it, really?

We often equate frugality with good financial stewardship, but they’re not exactly the same thing. While frugality can be a wise practice, it doesn’t necessarily lead to true peace or biblical financial wisdom. Let’s explore the key differences and signs that frugality might be going too far.

Frugality vs. Stewardship: What’s the Difference?

<p><i>“As iron sharpens iron, so one person sharpens another.” – </i>Proverbs 27:17</p><p>Despite living in an era of unprecedented wealth, many individuals and families struggle to meet basic needs like food and shelter. Today, Brian Holtz joins us to discuss a new resource aimed at helping communities in need. </p><p>Brian Holtz is the CEO of <a href="https://compassfinancialministry.org/">Compass Financial Ministry</a> and the author of <a href="https://compass1.org/product/financial-discipleship-for-families/"><i>Financial Discipleship for Families: Intentionally Raising Faithful Children</i></a><i>.</i></p><h3>A New Focus: Addressing Financial Hardship</h3><p>Navigating financial challenges can be overwhelming, especially for those who struggle to make ends meet. While many financial ministries focus on middle- and upper-income groups, <a href="https://compassfinancialministry.org/">Compass Financial Ministry</a> has taken a bold step to address the needs of those with little to no financial margin. Their latest initiative—<a href="https://compassfinancialministry.org/product/making-ends-meet/"><i>Making Ends Meet</i></a>—is a resource designed to help individuals and families move from financial struggle to stability.</p><h3>Key Takeaways from the Research</h3><p>Many of the financial issues we associate with low-income communities aren’t unique to them. The same challenges exist in middle- and upper-income households—they just look different.</p><p>What are these key financial challenges? Three primary takeaways from Compass’ research are critical for financial health, regardless of income level.</p><h3>1. A Simpler Approach to Budgeting</h3><p>Starting a budget is often the most challenging part of managing finances. That’s why this new resource introduces a simplified spending plan:</p><ul><li><strong>Step 1:</strong> At the beginning of the month, pay all essential bills (giving, rent/mortgage, food, utilities, etc.).</li><li><strong>Step 2:</strong> Transfer savings into a separate account.</li><li><strong>Step 3: </strong>Use the remaining money for non-essentials (entertainment, clothing, eating out, etc.).</li></ul><p>This method isn’t as precise as traditional budgeting, but it’s better to use an imperfect system than a perfect one that you never implement.</p><h3>2. The Power of an Emergency Fund</h3><p>We all know the importance of emergency savings, but it's even more crucial for those living paycheck to paycheck.</p><p>Without an emergency fund, individuals often get trapped in a cycle of debt. But with a financial cushion, they can make wise financial choices and avoid unnecessary expenses.</p><h3>3. The Importance of a Support Network</h3><p>Building a strong financial support system is a crucial yet often overlooked aspect of financial stability, in addition to budgeting and saving.</p><p>Money is a taboo topic in our society. We’re embarrassed to talk about our struggles, but if we find trusted people to share with before emergencies happen, we create a network we can rely on—and they can rely on us. </p><p>This network isn’t just for financial help—it also provides emotional support, advice, and practical assistance when life’s unexpected events occur.</p><h3>How You Can Get Involved</h3><p>Financial hardship can feel isolating, but no one has to face it alone. With the right tools, support system, and biblical principles, it is possible to break free from financial struggle and find peace in stewardship.</p><p><a href="https://compassfinancialministry.org/product/making-ends-meet/">Making Ends Meet</a> is one of the most impactful projects Compass has ever developed. It combines biblical wisdom with practical, step-by-step guidance, helping people transition from struggling to thriving. This resource is perfect for:</p><ul><li>Small groups at churches</li><li>Local shelters and community centers</li><li>Families and individuals seeking financial stability</li></ul><p>It’s available in English and Spanish, making it accessible to more communities in need. To learn more, visit<a href="https://www.compassfinancialministry.org/"> Compass Financial Ministry</a> and click on <a href="https://compassfinancialministry.org/product/making-ends-meet/">Making Ends Meet</a>.</p><p>For more financial resources and biblical insights, check out <a href="https://compassfinancialministry.org/">Compass Financial Ministry</a>’s website and start your journey toward financial freedom today.</p><h3>On Today’s Program, Rob Answers Listener Questions:</h3><ul><li>I got behind on some of my bills, and the interest is hurting me. I make about $700 a week, but the high interest rates make it hard to catch up. I contacted a company called National Debt Relief, but I wanted to get a second opinion before jumping into anything. How can I deal with this situation and find a way to lower the interest rates?</li><li>We inherited land and plan to keep it in the family. Do we need to tithe on the value of the inherited property, even though we haven't realized the increase in cash?</li><li>I'm 24 and deciding whether to buy a home instead of renting an apartment. I live at my parents' house, but I'd like to know the best steps to take to buy a home.</li><li>Last year, the FBI warned against using a cell phone number for two-factor authentication because of security vulnerabilities. I ended up losing $5,000 using that method. Can you provide some guidance on how to protect my accounts better?</li><li>I'm in my 60s and recently got a job that pays over $200,000 a year, much more than I need to live on. I only need about $30,000 to $40,000 per year. I'm unfamiliar with 401(k)s or IRAs, but I want to know how much I could contribute to those types of accounts to put away the excess money I don't need.</li><li>I contributed $4,000 to my Roth IRA at the beginning of the year. I'm leaving my part-time job and about to retire at 62. What should I do if I've contributed more to the Roth IRA than I've earned in income? Should I withdraw the excess contribution, and are there any penalties I should be aware of?</li></ul><h3>Resources Mentioned:</h3><ul><li><a href="https://faithfi.com/give">Faithful Steward: FaithFi’s New Quarterly Magazine</a></li><li><a href="https://compassfinancialministry.org/">Compass Financial Ministry</a></li><li><a href="https://compassfinancialministry.org/product/making-ends-meet/">Making Ends Meet (Compass Financial Ministry Video Study and Workbook)</a></li><li><strong>Google Authenticator</strong> (<a href="https://apps.apple.com/us/app/google-authenticator/id388497605">Apple</a> | <a href="https://play.google.com/store/apps/details?id=com.google.android.apps.authenticator2&amp;hl=en_US">Google Play</a>) | <a href="https://www.authy.com/">Authy </a></li><li><a href="https://christiancreditcounselors.org/FaithFi/?%24web_only=true&amp;_branch_match_id=1406008510245626691&amp;utm_medium=moneywise&amp;_branch_referrer=H4sIAAAAAAAAAwXBQQqAMAwEwB81IJ4E8eBDpNZoQ2taNhFvvt2Z7N5tIoIOYwmx91BFCzGlDDGXqAl8iKf2qHFtsOUDnwyIXtuO9hpjXjPazT%2BMgBPcTAAAAA%3D%3D">Christian Credit Counselors</a></li><li><a href="https://www.faithfi.com/shop/wisdomoverwealth">Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money (Pre-Order)</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>

“As iron sharpens iron, so one person sharpens another.” – Proverbs 27:17

Despite living in an era of unprecedented wealth, many individuals and families struggle to meet basic needs like food and shelter. Today, Brian Holtz joins us to discuss a new resource aimed at helping communities in need. 

Brian Holtz is the CEO of Compass Financial Ministry and the author of Financial Discipleship for Families: Intentionally Raising Faithful Children.

Making Ends Meet with Brian Holtz

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Join Rob West and special guests as they address today's financial questions with biblical answers.

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