Faith & Finance

“A slack hand causes poverty, but the hand of the diligent makes rich.” — Proverbs 10:4 At Faith and Finance, we believe the Bible offers timeless financial wisdom—and sometimes, that wisdom shows up in the form of gentle correction. Let’s face it: we all make financial missteps—some intentional, others unintentional. But every mistake is an opportunity to grow in wisdom and stewardship. If you’ve made some poor decisions with your money, don’t let Proverbs 10:4 discourage you. Instead, take heart in Proverbs 19:20: “Listen to advice and accept instruction, that you may gain wisdom in the future.” Let’s walk through six money mistakes that can quietly erode your wealth—and how to avoid or correct them with diligence and wisdom. 1. Living Paycheck to Paycheck One of the most common financial traps is spending everything you earn. When there's nothing left over at the end of the month, you're missing an essential part of wise stewardship: saving. The solution? Pay yourself first. Start by setting up an automatic transfer from your checking account to your savings. Even if it’s a small amount, consistency is key. Adjust your monthly spending to fit what remains. Yes, it might mean cutting back on things you've grown used to, but almost everyone can trim something from their budget. Aim to save at least 10% of your income. Over time, this will build your financial margin and peace of mind. 2. Not Having an Emergency Fund Without savings, every unexpected expense becomes a crisis. And that leads to our next mistake—debt. Once you’ve begun setting money aside, build your emergency fund. Start with a goal of three months’ worth of living expenses and work your way up to six. This financial cushion protects you from having to rely on credit when life throws a curveball. 3. Paying Interest on Consumer Debt Without savings, many people make the costly mistake of using credit cards to cover emergencies. If you carry credit card debt, the biggest mistake you can make is only paying the minimum. Take a close look at your statement—it may show how long it’ll take to pay off your balance at the minimum payment. The number might shock you: 15 years or more. Reframe your spending by asking, "What is this really costing me?" A $30 dinner paid with a credit card could cost $60 or more by the time it’s paid off. That’s not good stewardship. 4. Buying a New Car (When You Can’t Afford It) There’s nothing wrong with buying a new car—if you can pay cash for it. That’s the key. Instead of taking on car loans, aim to pay cash for your vehicles, new or used. After you pay off your current car loan, keep making those same “payments”—but to yourself. Put them in a savings account and use that money to purchase your next car. It may take a few vehicles to get there, but eventually, you'll be able to pay cash—and that will be a glorious day. 5. Not Opening a Roth IRA Especially if you're young, not opening a Roth IRA is a missed opportunity for long-term, tax-free growth. Once your emergency fund is in place, consider contributing to a Roth IRA, even if you’re already contributing to a 401(k) at work. In 2025, you can contribute up to $7,000 annually to a Roth IRA—or $8,000 if you're age 50 or older. Because you're contributing after-tax dollars, your qualified withdrawals in retirement will be tax-free. That’s a powerful way to build lasting wealth. 6. Buying Too Much House Homeownership can be a blessing, but only if approached wisely. Spending too much on a house can strain your budget, robbing you of financial flexibility and peace. A manageable mortgage, combined with consistent savings, puts you on a path toward financial stability and positions you to honor God with greater freedom and generosity. We all make mistakes with money, but we don’t have to stay stuck in them. God’s Word is full of grace and wisdom. When we humbly receive correction and take steps toward diligence, we grow not only in financial strength but...

"But seek first the kingdom of God and His righteousness, and all these things will be provided for you." – Matthew 6:33 This verse calls us to put God’s Kingdom first in every aspect of our lives—including our investments—trusting that He will provide and use our efforts to advance His purposes. Today, Will Lofland joins us to share how that’s happening right now. Will Loftland is the Managing Director of Investments Distribution at GuideStone Funds, an underwriter of Faith & Finance. He also oversees GuideStone’s shareholder advocacy strategy and represents the firm as a participant in the Interfaith Center on Corporate Responsibility. Who Is Guidestone? Guidestone is more than a financial services firm—it's a ministry to ministries. It is focused on serving ministries in all financial aspects of their work, including retirement plans, insurance solutions, wealth management, and the nation’s largest Christian-screened mutual fund family. By equipping ministries with financial stability and security, Guidestone helps leaders focus more fully on spreading the gospel. Their services are designed to remove the weight of financial anxiety so that pastors, missionaries, and nonprofit leaders can flourish in their callings. What makes Guidestone unique is its unwavering commitment to honoring God with every dollar invested. Through rigorous Christian values screening, corporate engagement, and impact investing, it ensures that each fund reflects biblical principles. Guidestone’s Impact Funds are an extension of this stewardship philosophy. Launched just before 2020, these funds go beyond avoiding harmful investments—they proactively invest in companies, projects, and causes that create meaningful change. Take the Impact Bond Fund, for example. It invests in projects like: They believe that if we are truly stewards of God’s resources, we want to invest in a manner that honors God and His purposes for human flourishing. Introducing the Kingdom Causes Program While securities can create positive change, their reach has limits. That’s where Guidestone’s Kingdom Causes program comes in. Born out of the Impact Funds initiative, Kingdom Causes donates 20% of the advisory revenue generated by the Impact Funds and supplements it with additional funding. Since 2020, they’ve donated nearly $750,000 to ministries advancing the gospel and protecting life. Their giving is focused on two core pillars: From local to global, the ministries they support reflect these values. Ministries Making a Difference Local Impact: Prestonwood Pregnancy Center Located in the Dallas area, this center is an extension of Prestonwood Baptist Church and serves women with compassionate care and gospel-centered support during unplanned pregnancies. They provide honest care, real information, and a strong infrastructure to support needy women. National Reach: Psalm 139 Project This initiative provides ultrasound machines and resources to pregnancy centers nationwide, reinforcing the value of life and empowering expectant mothers. Meeting Physical Needs in the Name of Jesus Guidestone also supports ministries that serve practical needs as an avenue for gospel outreach. Send Relief A joint venture between the International Mission Board (IMB) and the North American Mission Board (NAMB), Send Relief addresses urgent needs like the following: These efforts not only meet physical needs but also open doors for evangelism. Faith-Based Content for Kids: Meet Minno Recognizing the need for Christ-centered media, Guidestone supports Minno, a streaming platform offering biblically grounded content for children. It gives parents peace of mind knowing their kids are watching wholesome, faith-filled shows. Discipling the Forgotten: Prison Ministries Two standout organizations Guidestone supports are: Prison Fellowship: Prison Seminaries Foundation:These ministries are transforming lives behind bars, raising disciple-makers where they’re least...

"Wealth gained hastily will dwindle, but whoever gathers little by little will increase it." — Proverbs 13:11 This verse offers a powerful lesson on financial stewardship—true and lasting wealth isn’t built through shortcuts or speculation but through steady diligence and faithful management. In today’s fast-paced world, financial success is often measured by how quickly one can accumulate wealth. Social media is filled with stories of overnight millionaires, high-risk investments, and shortcuts to riches. But is this the right approach? Let’s explore how this biblical principle plays out in real life. The Temptation of Instant Wealth To illustrate this principle, let’s look at the real-life story of an executive at a major Western bank—we’ll call him Brian to protect his anonymity. Brian began his finance career in the 1990s, confident in his ability to manage money. However, he now admits that he was living beyond his means and accumulating debt. This financial instability made him especially susceptible to the allure of quick wealth, particularly during the height of the dot-com boom in the early 2000s. When a coworker offered him a chance to get in on the ground floor of a "can’t lose" tech startup, Brian didn’t hesitate. He scraped together $10,000, convinced he was on the fast track to wealth. In his mind, success was inevitable—he was already preparing to celebrate. But before he could, Brian heard the sound of the dot-com bubble bursting. His investment vanished, lost in a company he knew little about. He had chased quick wealth only to face the painful consequences. His story echoes the warning of Proverbs 28:20: "A faithful man will abound with blessings, but whoever hastens to be rich will not go unpunished." The Consequences of Chasing Quick Wealth It’s important to understand that God doesn’t sit around waiting to punish people for making bad financial choices. Instead, He may allow those poor decisions to lead to their natural consequences. Proverbs 13:11 teaches that when money is gained too quickly—whether through reckless speculation, gambling, or unethical shortcuts—it often lacks a foundation of wisdom and discipline, making it easy to lose. 1 Timothy 6:9-10 warns: "Those who want to get rich fall into temptation and a trap and into many foolish and harmful desires that plunge people into ruin and destruction. For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs." Many people experience financial hardship because they prioritize speed over stewardship. But God has a better way. The Power of Slow, Faithful Growth If Proverbs 13:11 warns against hasty wealth, it also points us to a better way: "Whoever gathers little by little will increase it." This principle isn’t flashy, but it’s powerful. True financial growth happens gradually through wisdom, patience, and discipline. Rather than seeking quick riches, God calls us to: Financial success isn’t about speed—it’s about faithfulness over time. Or, as the late Eugene Peterson put it so well, it’s about “long obedience in the same direction.” Brian’s Financial Redemption Brian’s story didn’t end with financial ruin. Instead of giving up, he decided to take a biblical money management class through his church. That’s when things started to turn around. He learned to be more disciplined with his finances—budgeting, saving, and living within his means. Eventually, he began investing again, but this time, he avoided speculation and focused on something he understood: real estate. He started small, took his time, and remained patient. Because he wisely managed his investments, his real estate holdings survived the housing crash and the Great Recession. Over time, he even started a fitness-related business with his son—something he had always dreamed of. That business survived the challenges of COVID-19 and is still thriving today. Brian’s...

"Behold, children are a heritage from the Lord, the fruit of the womb a reward." – Psalm 127:3 Children are a precious gift from God—a reward and a heritage to be cherished. With the incredible joy of welcoming a newborn also comes great responsibility, especially in managing finances wisely. To help new parents navigate this season, here’s a New Baby Financial Checklist to ensure you’re covering all the essential financial bases. 1. Add Your Newborn to Your Health Insurance In the whirlwind of 2 AM feedings and endless diaper changes, don’t let updating your health insurance slip through the cracks. Most plans allow a 30-day window after birth to add your baby to your policy. While you’re at it, double-check that your plan covers: Thankfully, welcoming a new baby qualifies as a “life event,” meaning you can make necessary adjustments to your plan. 2. Secure Life Insurance Coverage Life insurance isn’t for the baby—it’s for you. Ensure you have a term life policy that provides at least 10 times the primary breadwinner’s salary in coverage. Don’t overlook the caregiving spouse, either! If something were to happen to them, the cost of childcare could be significant. Securing life insurance ensures financial stability for your growing family. 3. Update Your Budget It’s time to add a “Baby” category to your budget. When estimating how much to allocate, consider these new expenses: These costs add up quickly. You may need to adjust other budget categories to stay on track, but planning ahead will reduce financial stress down the road. 4. Create or Update Your Will A will isn’t just about distributing assets—it’s about securing your child’s future. One of the most critical decisions in your will is naming a guardian for your child in case both parents pass away. While this can be a difficult decision, it’s essential to have a plan in place. Pray for wisdom and choose someone who shares your values and would provide loving care if the unthinkable happens. Proverbs 13:22 reminds us: “A good man leaves an inheritance to his children’s children…” This inheritance isn’t just financial—it includes faith, wisdom, and values that shape their future. 5. Build or Strengthen Your Emergency Fund If you don’t already have an emergency fund, now is the time to start. Aim for 3 to 6 months’ worth of living expenses in savings. A new baby comes with many surprise costs, from medical bills to strollers that cost more than you expected. If a financial emergency—like a job loss—were to happen, having this cushion would be a huge blessing. 6. Update Your Taxes With the arrival of your baby, your tax situation changes: Child Tax Credit—You can claim your baby as a dependent on your tax return, which may qualify you for a $2,000 tax credit. Adjust Your W-4—Update your W-4 form at work to ensure your withholding reflects your new family size. You may be able to withhold less, increasing your take-home pay. 7. Start an Education Savings Fund It may feel early, but saving for your child’s education now can set them up for success. A 529 plan is a great option—it can be used for: 529 plans also offer tax-free growth on investments used for qualified educational expenses. Bonus: Recent tax law changes now allow unused 529 funds to be rolled into a child’s Roth IRA (up to $35,000), making them even more beneficial! 8. Freeze Your Child’s Credit Identity theft isn’t just an adult problem—it can happen to children, too. If you’ve applied for a Social Security number for your baby, consider placing a credit freeze with the three major credit bureaus. This prevents fraudsters from opening accounts in your child’s name, protecting their financial future. Welcoming a new baby is an incredible blessing, but it also comes with financial adjustments. By taking these steps, you can ensure a secure and stable future for your family. Have you checked off all the items on this list? Start today and take one step at a time—you’ve got...

“We love because He first loved us.” – 1 John 4:19 Those six words beautifully capture the foundation of our relationship with God—we can only love and give because He first gave to us. Today, Sharon Epps joins us for a fascinating discussion on the generosity of women in the Bible. Sharon Epps is the President of Kingdom Advisors, FaithFi’s parent organization. Kingdom Advisors serves the broad Christian financial industry by educating and equipping professionals to integrate biblical wisdom and financial expertise. The Women Who Provided for Jesus Luke 8:1-3 records an often-overlooked detail: “Soon afterward, He went through cities and villages, proclaiming and bringing the Good News of the Kingdom of God. And the twelve were with Him, and also some women who had been healed of evil spirits and infirmities: Mary, called Magdalene, from whom seven demons had gone out, and Joanna, the wife of Chuza, Herod’s household manager, and Susanna, and many others, who provided for them out of their means.” This passage tells us three key things: One of these women, Joanna, stands out in particular. Joanna: A Woman Transformed by Jesus Joanna was the wife of Chuza, King Herod's household manager. Thus, she likely had significant wealth and lived a royal lifestyle. Yet, despite her status, she was weakened when she met Jesus. She needed healing, and her first act of generosity was actually receiving—not giving. This is a powerful reminder: Before we can give, we must first receive. What Does This Teach Us? Money alone doesn’t solve all problems—Generosity starts with receiving—God uses people from all walks of life—Receiving Before We Give Joanna’s story reminds us of an important biblical truth: we can only give what we have first received. 1 Corinthians 4:7 asks: “What do you have that you did not receive?” The answer? Nothing. Everything—our breath, skills, love, wisdom, and financial resources—is a gift from God. We receive, then we give, creating a virtuous cycle of generosity that mirrors God’s own generosity toward us. Three Key Questions to Consider: These questions challenge us to shift our perspective—to see giving not as an obligation but as an overflow of what we have already been given. The Motivation Behind Joanna’s Generosity Why did Joanna give so generously? Gratitude. Later, in Luke 24, we find Joanna at Jesus’ empty tomb. She was among the women who encountered the angels, remembered Jesus’ words, and ran to tell the apostles. Her journey shows a progression: Her generosity wasn’t just about money—it was about devotion. She gave because she loved Jesus deeply. Lessons in Generosity As we reflect on Joanna’s story, here are some key takeaways we can walk away with: 1. Generosity is a Journey Our relationship with Christ fuels our generosity. The deeper our love for Him, the more naturally we want to give. 2. We Must Receive Before We Can Give We often think about generosity in terms of money, but we also receive: Life itself—Skills and abilities—Love from God and others—3. Giving is an Act of Worship Joanna’s giving wasn’t transactional—it was an expression of extravagant love for Jesus. She gave freely because she had freely received. As we reflect on Joanna’s story, let’s ask ourselves: These questions can reshape our perspective on generosity, helping us move from obligation to joyful, faith-driven giving. Joanna’s story reminds us that generosity is not about wealth—it’s about the heart. As we receive from Christ, we are called to pass it on—whether through finances, service, or sharing the gospel. May we, like Joanna, be conduits of Christ’s love, reflecting gratitude, devotion, and generosity in all we do. On Today’s Program, Rob Answers Listener Questions: 'heirs of my body.'Resources Mentioned: Faithful Steward: FaithFi’s New Quarterly MagazineWisdom Over Wealth: 12 Lessons from Ecclesiastes on Money (Pre-Order)Look At The Sparrows: A 21-Day Devotional on Financial Fear...

What do Bigfoot and credit reports have in common? They’re each the subject of many myths. We don’t know much about 8-foot furry creatures, but we can dispel some of the folklore about credit and credit reports. Neile Simon is here to help us do that today. Neile Simon is a Certified Credit Counselor with Christian Credit Counselors (CCC), an underwriter of Faith & Finance. If you've ever wondered whether closing a credit card boosts your score or if credit counseling hurts your credit, you're not alone. Let's dive into these common misconceptions and separate fact from fiction. Myth #1: Paying Off Debt Instantly Improves Your Credit Score It’s a common belief that paying down debt will immediately result in a perfect credit score. However, credit improvement takes time because credit scores are based on your payment history. Reality: Your credit report gives lenders a snapshot of how responsibly you've managed debt over time. Consistently paying bills on time is the best way to build and maintain a strong score—but it won’t happen overnight. Tip: Be cautious of anyone claiming they can “fix” your credit instantly. No legitimate company can erase negative (but accurate) information from your credit history overnight. Myth #2: Credit Counseling Destroys Your Credit Score Many people worry that seeking credit counseling will harm their credit score. Reality: Enrolling in a credit counseling program is a neutral mark on your credit report and does not directly affect your score. Closing accounts impacts your score, so working with an accredited nonprofit organization is essential to develop a plan that keeps your credit intact. That’s why Christian Credit Counselors is the only organization we recommend for credit counseling and debt management. Tip: Avoid paying for expensive credit monitoring or identity protection services. You can monitor your credit for free through reputable sources. Myth #3: Canceling Credit Cards Boosts Your Score Many people believe that closing old or unused credit cards is a responsible move, but it can actually hurt their credit scores. Reality: Lenders want to see two or three active credit lines. Closing credit cards reduces your available credit, which can negatively impact your score by increasing your credit utilization ratio (the percentage of available credit you're using). Tip: Keep zero-balance accounts open unless they charge an annual fee. If you must close an account, do so gradually—perhaps one every six months—to minimize the temporary impact on your score. Myth #4: Too Many Inquiries Hurt Your Score While excessive hard inquiries (when lenders check your credit for a loan or credit card application) can lower your score, not all inquiries count against you. Reality: Credit bureaus recognize rate shopping—for example, when you're comparing mortgage or auto loan rates. If you make multiple inquiries within a 45-day window, they count as one single inquiry, not multiple. Tip: Always shop around for the best loan terms without worrying about multiple hits to your credit score. Myth #5: Checking Your Own Credit Report Hurts Your Score Many consumers avoid checking their credit reports because they fear it will negatively impact their scores. Reality: Checking your own credit is a "soft inquiry" and does not affect your score. Only "hard inquiries" (such as applying for a loan or credit card) can impact your score. Tip: Review your credit report every 6–12 months to catch errors or fraud early. Get a free report from AnnualCreditReport.com, the only official site for free credit reports. Myth #6: Credit Scores Are Locked In for Six Months Some believe their credit score is only updated periodically, leading to confusion when making financial decisions. Reality: Your credit score is dynamic, meaning it updates as new information is reported—not every six months. Changes in balances, payments, and account activity can impact your score as soon as they are reported by...

When we invest our hard-earned money, we naturally seek a financial return—but could there be other rewards as well? Faith-based investing offers more than just financial gains. Today, Finny Kuruvilla joins us to explore the deeper impact of aligning our investments with our values. Dr. Finny Kuruvilla serves as a Co-Chief Investment Officer, Senior Portfolio Manager, and founding member of Eventide Asset Management, an underwriter of Faith & Finance. He holds an M.D. from Harvard Medical School, a Ph.D. in Chemistry and Chemical Biology from Harvard University, a master’s degree in Electrical Engineering and Computer Science from MIT, and a bachelor’s degree from Caltech in Chemistry. Common Objections to Faith-Based Investing Indeed, Christians might have different views on some of these, but here are three of the most common that Finny hears consistently: Objection 1: “I’m not responsible for the actions of the companies I invest in.” Many investors assume that purchasing stocks or mutual funds does not connect them to a company’s actions. However, investing is ownership. When you purchase shares in a company—whether publicly traded or private—you become a partial owner. If you owned a small business and that business engaged in unethical practices, it would reflect on you. The same principle applies to publicly traded companies. As shareholders, we are tied to the actions and values of the companies we invest in. Objection 2: “What difference can I make? These companies are too big.” Some argue that individual investors cannot influence large corporations. However, history shows that even a small percentage of engaged investors can shape corporate values—just like voting in an election, where small margins can determine the outcome. Through shareholder engagement, faith-driven investors can influence corporate decision-making. Large companies respond to shareholder resolutions, and when values-aligned investors unite, they can steer businesses toward ethical practices. Objection 3: “Faith-based investing means I’ll underperform financially.” A common concern is that limiting investment choices to faith-aligned companies will lead to lower returns. However, research suggests otherwise. Companies with strong ethical foundations—those that treat employees well, operate with integrity, and provide valuable goods and services—tend to outperform over the long term. Businesses that exploit customers or employees may see short-term gains but often struggle in the long run. Faith-based investing is not just morally sound—it’s also financially strategic. The Three Benefits of Faith-Based Investing 1. Integrity: Investing with a Clear Conscience The foundation of faith-based investing is the principle of loving our neighbor. Jesus taught us to treat others as we want to be treated (Luke 6:31), and this applies to business and investing as well. Proverbs 1 warns against pursuing “ill-gotten gain,” or wealth that exploits others. Many mainstream funds include companies engaged in tobacco, gambling, and unethical labor practices. Investing with integrity means choosing companies that: Business should be about supplying goods and services—not exploiting people. Faith-based investing ensures that we support businesses that contribute to human flourishing. 2. Impact: The Power of Faith-Driven Investors One of the most compelling reasons for faith-based investing is the ability to make a real impact. History provides powerful examples of how Christian investors have shaped industries and social policies. A notable case is the role of Christian investors in ending apartheid in South Africa. In the 1970s, a group of faith-driven investors partnered with Reverend Leon Sullivan to pressure corporations like Ford and General Motors to implement anti-apartheid policies within their workplaces. These shareholder resolutions sparked a domino effect, leading other companies to follow suit. This example demonstrates that...

There’s a saying, “The best time to plant a tree is right now.” Does that logic apply to inheritances? Well, it might in some cases. In other words, is there a benefit to giving your kids an early inheritance? And how exactly would you do that? Harlan Accola joins us today to talk about how a reverse mortgage can accomplish that. Harlan Accola is the National Reverse Mortgage Director at Movement Mortgage, an underwriter of Faith and Finance. He is also the author of Home Equity and Reverse Mortgages: The Cinderella of the Baby Boomer Retirement. Understanding a Home Equity Conversion Mortgage (HECM) Reverse mortgages have evolved significantly over the years, offering new opportunities for financial planning in retirement. A Home Equity Conversion Mortgage (HECM), often referred to simply as a reverse mortgage, is an FHA-insured loan that allows homeowners to convert part of their home equity into cash while still maintaining ownership. Unlike some traditional reverse mortgages of the past, a HECM is non-recourse, meaning borrowers will never owe more than the home’s value, and the loan cannot be called due as long as they continue to pay property taxes and insurance and live in the home. The equity remains with the homeowner and their heirs, with the only change being the portion that is used. Another advantage? The proceeds are tax-free, making it a useful tool for financial planning. The Role of Reverse Mortgages in Retirement Planning While many people focus on eliminating debt entirely in retirement, a reverse mortgage can serve as a strategic financial asset rather than simply a last resort. Many retirees overlook the potential of their home equity as part of their financial portfolio. Instead of just passing a home down to heirs, a reverse mortgage allows parents to leverage their equity while living, providing financial assistance to their children and grandchildren when they need it most. Giving an Early Inheritance: Why It Makes Sense One of the most meaningful ways to use a reverse mortgage is to give an early inheritance—sharing wealth with children or grandchildren while still being alive to witness its impact. As Ron Blue famously said, “Do your giving while you’re living so you’re knowing where it’s going.” Biblical wisdom teaches that wealth should be passed along with wisdom, guiding the next generation not only in how to manage money but also in understanding generosity and stewardship. Many parents already do this when their children are young—teaching them to give, save, and spend wisely. But what about when they are adults? A reverse mortgage provides an opportunity to continue that guidance by offering financial assistance at a time when it may be most needed. How an Early Inheritance Can Help Here are some practical ways a reverse mortgage can be used to bless children and grandchildren: 1. Helping with a Down Payment on a Home With rising housing prices and interest rates, many younger adults struggle to afford a home. Parents can use their home equity to provide a down payment for their children, reducing the amount they need to borrow and making homeownership more affordable. 2. Funding Private Christian Education Many families prioritize faith-based education, but tuition costs can be a burden. A reverse mortgage can help cover private school tuition for grandchildren, ensuring they receive a strong biblical foundation in their education. 3. Supporting Family Mission Trips or Vacations Shared experiences can create lasting memories and strengthen family bonds. Whether it’s funding a mission trip or a multi-generational vacation, using home equity can allow families to invest in relationships and spiritual growth together. Are There Risks to Using a Reverse Mortgage for an Early Inheritance? Like any financial tool, a reverse mortgage should be part of a well-thought-out plan. Here are a few key considerations: Ensure Long-Term Financial Stability— Plan for Healthcare...

"For what will it profit a man if he gains the whole world and forfeits his soul? Or what shall a man give in return for his soul?" - Matthew 16:26 In that verse, Jesus is speaking to His disciples, teaching them about the cost of discipleship and the value of the soul in contrast to worldly gains. The question remains: is there a spiritual cost to achieving financial success? John Rinehart joins us today to talk about it. John Rinehart is the co-founder of Gospel Patrons, an international organization dedicated to inspiring a generation of business professionals to fulfill their God-given callings. He is also the author of Gospel Patrons: People Whose Generosity Changed The World and 31 Gospel Patrons. The Hidden Danger of Wealth Financial success is often seen as a blessing, and rightly so—Scripture tells us that God gives both riches and poverty according to His sovereign will. We see many wealthy individuals throughout the Bible who were faithful followers of God. However, Jesus frequently warned His disciples about the dangers of wealth. In today’s world, success is often equated with financial prosperity, but Jesus made it clear: “You cannot serve both God and money” (Matthew 6:24). The culture around us idolizes wealth, comfort, and possessions, making it easy to fall into a cycle where financial gain becomes the ultimate goal. This cycle can lead us away from God rather than toward Him if we are not careful. The Toxic Cycle of Success Many people approach work as a means to an end—a way to earn money so they can rest, enjoy life, and feel secure. This mindset, however, is not where the Bible starts. Instead, when we strive for success without keeping God at the center, we often fall into a dangerous pattern: We Work Hard and Prosper—We Enjoy Comfort and Security—We Forget God—We Fall into Sin—This cycle is clearly seen in the Parable of the Rich Fool (Luke 12:16-21). Jesus describes a man who builds bigger barns to store his wealth, thinking he has secured his future. But God calls him a fool because he was not “rich toward God.” Forgetting the Source of Our Wealth The warning from Deuteronomy 8:18 is as relevant today as it was for Israel: “You may say to yourself, ‘My power and the strength of my hands have produced this wealth for me.’ But remember the Lord your God, for it is he who gives you the ability to produce wealth.” After 40 years in the wilderness, Israel stood at the edge of the Promised Land, facing a new challenge—not scarcity, but abundance. Moses warned them that prosperity could be more spiritually dangerous than hardship if they forgot the God who provided for them. Likewise, in our financial success, we must remember that wealth is not ours—it belongs to God. If we forget this, we risk placing our trust in material security rather than in Him. The Virtuous Cycle of Success So, how can we succeed financially without failing spiritually? We must shift from a toxic cycle to a virtuous cycle—one that aligns with God’s design. Instead of working for wealth and rest, we should begin with resting in God. 1. Start with Rest God commands rest through the Sabbath, showing that we are not slaves to work. Taking time to worship, study Scripture, and be in community with other believers reorients our hearts toward God. 2. Work as Worship When we see work as a way to glorify God rather than just a means to make money, our labor takes on new meaning. We use our talents and skills to serve others and fulfill the good works God has prepared for us. 3. Recognize God’s Provision Success is not merely the result of our hard work—it is a blessing from God. Deuteronomy 8:18 reminds us that even the ability to create wealth comes from Him. 4. Practice Radical Generosity Understanding that our wealth belongs to God transforms how we use it. Instead of hoarding, we become generous stewards, using resources to care for the poor, support the gospel, and advance God’s kingdom. 5. Rejoice in Eternal...

"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. 1. The Woman Who Anointed Jesus: Extravagant Worship Our first passage comes from a well-known story found in all four Gospels—the woman who anointed Jesus. 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. 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. A Prayer for Worshipful Stewardship "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." 2. The Prodigal Son’s Father: A Heart for People, Not Just Money We often focus on the prodigal son in Jesus’ parable, but what if we shift our attention to the father? 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. 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. A Prayer for Generational Stewardship "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." 3. The Rich Fool: Avoiding Self-Reliance in Wealth 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. 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...

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. The Importance of Indexes in Investing 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&P 500 for large-cap stocks or the Bloomberg Aggregate for bonds, allow investors to measure their progress toward financial goals. 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. Many investors believe they can outperform the market by actively trading stocks. However, research suggests otherwise. A study published in The Journal of Finance found that individuals who frequently traded stocks underperformed compared to those who traded less. Over a six-year period: This trend highlights the dangers of excessive trading. Warren Buffett summarized it well: “The stock market is designed to transfer money from the active to the patient.” The Bible echoes this wisdom in Proverbs 13:11: “Wealth gained hastily will dwindle, but whoever gathers little by little will increase it.” Active vs. Passive Mutual Funds A key distinction in investing is the difference between active and passive mutual funds: Active funds:Passive funds:According to Morningstar, 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. Aligning Investments with Faith Values Many faith-driven investors worry that traditional index funds may include companies whose values don’t align with their beliefs. Praxis Mutual Funds addresses this concern by screening out companies involved in industries such as: 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&P 500 would have little impact, but excluding half of the index’s stocks would significantly increase volatility. Praxis Mutual Funds 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. This method allows faith-based investors to remain aligned with their values without sacrificing reasonable returns. The Role of Patience in Investing 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. Historical data shows that the S&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. The Bible encourages this patient approach in Ecclesiastes 11:2: “Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land.” Diversification and patience are essential principles for wise investing. Making a Positive Impact Through Investing Beyond screening out specific companies, Praxis Mutual...

"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. A Ministry Model Built on Partnership 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. These local partners know their communities far better than we do, and Cross International’s role is to walk alongside them and help them expand on what God has already called them to do. 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. An Impact Report: What God is Doing Through Cross International Cross International's mission goes beyond charity. It is about sharing Jesus' love while addressing critical physical needs. Here’s a snapshot of what God is doing through their ministry: Each of these numbers represents real lives being changed—people who are now experiencing hope, stability, and the love of Christ. Serving in Crisis: Cross International’s Work in Haiti Haiti has endured political instability, gang violence, and natural disasters, yet in the midst of turmoil, Cross International continues to bring hope. Key Ministries in Haiti: Despite the negative news headlines, God is moving in Haiti, and Cross International is at the forefront of that transformation. Caring for Orphans and Vulnerable Children in Africa In many African nations, AIDS, poverty, and natural disasters have left countless children orphaned and homeless. Through their partnerships, Cross International provides: By offering stable housing, education, and nourishment, Cross International is breaking the cycle of poverty for these children and their families. One of the most inspiring aspects of Cross International’s work is how it transforms entire communities. 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. 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. Meeting Spiritual Needs Alongside Physical Ones Cross International provides food, water, and education, but it also shares the life-changing truth of the Gospel with its beneficiaries. 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. 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. How You Can Partner with Cross International Cross International has launched the Thriving Kids Initiative, a program designed to help orphaned, vulnerable, and disabled children not only survive but thrive. By focusing on three key areas: Cross International creates a foundation for long-term stability and spiritual growth. For just $62 a month, you can provide: Visit crossinternational.org/faith to become a monthly partner. As believers, we are called to use our financial resources for God’s purposes. Partnering with...

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, an underwriter of Faith & Finance. Today, we’ll cover some key takeaways from Sound Mind Investing’s recent article, 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: 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: At SMI (Sound Mind Investing), 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: 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: 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. At SMI (Sound Mind Investing), 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: 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: Daily Market News The “What-If” Game Portfolio Micro-ManagementInvesting isn’t about perfection—it’s about faithfulness and consistency. Here’s how to ensure long-term success: 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 at...

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. The Role of a Savings Account 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. A savings account is ideal for: 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? The Inflation Factor: Why Rates Are High Inflation plays a significant role in determining interest rates. The Federal Reserve typically raises interest rates to slow inflation down when inflation rises. 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. Bad news?Good news?Because banks adjust their rates based on the Fed’s actions, the question remains: How long will these higher yields last? Will Savings Yields Stay High? Only God knows for sure, but we can make an educated guess based on two factors: The latest inflation numbersThe Federal Reserve’s reactionEven 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. 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. How to Get the Best Savings Rates 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. To compare savings rates, check websites like: BankrateNerdWalletAdditionally, if savings account yields start dropping, you might consider alternatives like: Certificates of Deposit (CDs)Money Market AccountsCredit Unions: A Hidden Gem for High Yields 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. Unlike for-profit banks, credit unions return profits to their members through: One faith-based option is Christian Community Credit Union, which offers competitive savings rates and gives a portion of its revenues to support ministry efforts worldwide. Learn more at JoinChristianCommunity.org. Proverbs 13:11 offers timeless wisdom on the importance of saving: “Wealth gained hastily will dwindle, but whoever gathers little by little will increase it.” 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. 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. On Today’s Program, Rob Answers Listener Questions: Resources Mentioned: Faithful Steward: FaithFi’s New Quarterly MagazineChristian Community Credit UnionMoney and Marriage God's Way by Howard DaytoWisdom Over Wealth: 12 Lessons from Ecclesiastes on Money (Pre-Order)Look At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit...

"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. Create a Spending Plan 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 FaithFi app, which provides step-by-step guidance for setting up a plan and tracking expenses. If your income isn’t covering expenses, you have two choices: cut spending or increase income. Trimming expenses is often the easier option. Cut Unnecessary Expenses Start by reviewing where you spend the most. While housing costs may be fixed, food expenses can be reduced with intentional planning: Beyond food, look for other savings opportunities: Build an Emergency Fund 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. Tackle Debt Strategically If you’re burdened by debt, follow Proverbs 22:7, which warns, “…the borrower is slave to the lender.” Develop a plan to pay off consumer debt using the snowball method: If you’re struggling to make minimum payments, consider a debt management plan through Christian Credit Counselors, who can help reduce interest rates and speed up repayment. Save for the Future 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. Practice Generosity 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, “It is more blessed to give than to receive.” By following these principles—prayer, budgeting, saving, eliminating debt, and giving—you can remain faithful in managing the resources God has entrusted to you. On Today’s Program, Rob Answers Listener Questions: Christian Credit CounselorsResources Mentioned: Faithful Steward: FaithFi’s New Quarterly MagazineChristian Healthcare Ministries (CHM)Consumer Financial Protection BureauChristian Credit CounselorsWisdom Over Wealth: 12 Lessons from Ecclesiastes on Money (Pre-Order)Look At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

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. A Misunderstanding That Led to Fear 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. The third servant viewed his master as “a hard man” (Matthew 25:24), someone to be feared rather than trusted. His words reveal the issue of his heart: “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.” - Matthew 25:24-25 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. 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: “There is no fear in love. But perfect love drives out fear, because fear has to do with punishment.” - 1 John 4:18 Faith and Trust Lead to Fruitfulness 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: “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!” - Matthew 25:21 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. 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. 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: “For we are co-workers in God’s service; you are God’s field, God’s building.” - 1 Corinthians 3:9 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. Living as Faithful Stewards 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: “Throw that worthless servant outside, into the darkness, where there will be weeping and gnashing of teeth.” - Matthew 25:30 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 never knew you,” but rather, “You never knew Me.” But if we truly know Him, we will step forward in...

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. Understanding the Financial Challenges of Blended Families 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: 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. What Is a Togetherness Agreement? 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. Why Is a Togetherness Agreement Important? 1. It Provides Financial Transparency 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. 2. It Helps Prevent Conflict Over Money 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. 3. It Protects Children and Future Generations 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. 4. It Strengthens Marital Trust and Unity 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. What Should a Togetherness Agreement Include? 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: Bank Account StructureDebt and Credit ConsiderationsBusiness OwnershipFinancial ResponsibilitiesInheritance and Estate PlanningContingency PlansWhen Should Couples Create a Togetherness Agreement? 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. If you’re dating, start the conversation now. If you’re already married, don’t wait—begin today. The Smart Step Family Guide to Financial Planning provides a step-by-step guide to help you navigate these important discussions. A Togetherness Agreement is an essential tool for blended families to navigate finances with wisdom, clarity, and love. By...

"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. The Foundation: God Owns Everything 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: God owns everything, and I am His money manager. 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. 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. Our Hearts Follow Our Money The second principle in The Treasure Principle is equally profound: Our heart always goes where we put God’s money. This truth comes directly from Matthew 6:21: “For where your treasure is, there your heart will be also.” 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. 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. Cultivating an Eternal Perspective Another key principle is: Heaven (On Earth) is our home. Hebrews 11:16 tells us that believers are “citizens of a better country, a heavenly one.” 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). 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. 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. Prosperity with a Purpose Finally, The Treasure Principle reminds us that: God prospers us not to raise our standard of living but to raise our standard of giving. 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. 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. At the heart of The Treasure Principle is a simple but profound challenge: to see God as our ultimate treasure and money as a tool for His...

“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. The Challenge of Prosperity 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. 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. 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. Five Approaches to Giving Before diving into how to set a financial finish line, here are five major approaches to giving: Spontaneous GivingA Giving GoalPercentage GivingIncremental Percentage GivingA Financial Finish LineThe first four methods focus on how much to give, while the financial finish line flips the paradigm. Instead, it asks, “How much do I truly need?” and commits to giving away the excess. Breaking Down the Financial Finish Line So, how do you actually set a financial finish line? Financial stewardship can be broken down into four key categories: Personal SpendingTaxesFuture PlanningKingdom BuildingSince lifestyle spending is the primary determinant of financial behavior, the crucial first step is to cap personal spending. Three Methods to Set a Finish Line Here are three practical approaches to setting your first financial finish line: Maintenance Spending Finish Line Benchmark Spending Finish Linefinishlinepledge.com/calculator Prioritization Spending Finish LineWhichever 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. 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. Next Steps: Where to Begin To get started: finishlinepledge.comCertified Kingdom Advisor (CKA)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. If you’re ready to take the next step, check out finishlinepledge.com and consider taking the pledge. It may just transform your relationship with money—and with God. Faithful Steward: FaithFi’s New Quarterly Magazine If you’d like to explore this idea further, you can read Cody’s full article, “Setting Your First Finish Line,” in the latest edition of Faithful Steward. You can receive this quarterly magazine and help equip believers with biblical financial wisdom by becoming a FaithFi Partner. With a commitment of $35 a month or $400 annually, you’ll support the mission and ministry of FaithFi....

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. What Is Frugality? 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. Frugality certainly has virtues, such as self-control and patience. Benjamin Franklin’s well-known phrase, “A penny saved is a penny earned,” supports the idea that being financially cautious is a wise practice. At Faith and Finance, we encourage people to: However, biblical financial stewardship is much bigger than frugality. The Biblical Perspective on Stewardship Frugality alone does not guarantee peace—because, from a biblical perspective, we aren’t the owners of our money or possessions. God is. Psalm 24:1 reminds us: “The earth is the Lord’s, and everything in it.” Recognizing Christ’s Lordship over our finances shifts the focus from simply cutting costs to honoring God with our resources. Jesus teaches in Matthew 6:19-21: “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.” 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. 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. Signs That Frugality Has Gone Too Far How do you know when frugality has shifted from wise stewardship to financial foolishness? Here are a few red flags: 1. You Spend Hours Each Week Just to Save a Few Dollars 2. You Go Without Essentials Just to Save Money 3. You Hoard Items Just Because They’re a “Good Deal” 4. You Compromise Safety for the Sake of Saving Money 5. Frugality Feels Like a Competition or an Obligation 6. You Struggle to Be Generous “Do not neglect to do good and to share what you have, for such sacrifices are pleasing to God.”True peace comes not from saving every penny but from trusting in God’s provision and using money for His glory. Finding the Right Balance Every financial habit stems from an underlying mindset. In many cases, extreme frugality results from a lack of balance. Here’s how to restore a healthy perspective on money: Use your time wisely—Prioritize health and well-being—Give generously—Trust God’s provision—As Jesus teaches in Matthew 6:33: “Seek first God’s kingdom and His righteousness, and all these things will be added to you.” When you put God first, true peace isn’t found in penny-pinching but in faithful stewardship and reliance on Him. The Greater Purpose of Stewardship 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. 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. On Today’s Program, Rob Answers Listener Questions: Resources Mentioned: Faithful Steward: FaithFi’s New Quarterly MagazineSchwab Intelligent PortfoliosWisdom Over Wealth: 12 Lessons from Ecclesiastes on Money (Pre-Order)Look At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a...