Faith & Finance

The world is becoming more complex every day. Technology solves problems and creates new ones. How do you keep up?Among so many other things today, maybe you’ve noticed that managing your finances is increasingly complicated and involves more than balancing a checkbook. Sharon Epps joins us today with some much-needed advice—the 5 Ds of a Financial Reset.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.1. Define Your Financial VisionThe first step in a financial reset is to Define your standard of living. This goes beyond just wanting financial health; it’s about understanding your deeper motivations. What is your “why”? The Bible reminds us in John 10:10 that Jesus came so that we might have life and have it abundantly. This abundant life isn’t about wealth but about living a life full of peace and purpose. Define what that means for you and let it guide your financial decisions.2. Declutter Your Life and FinancesNext, it’s time to Declutter—and not just your finances but your physical space as well. Spend a weekend going through your home, room by room, asking yourself if each item is still useful. If you haven’t used something in the last year, consider selling it or giving it away. Decluttering your home can go a long way toward decluttering your life, making space for what truly matters.3. Delay Impulse PurchasesThe third step is to Delay your impulse purchases. Create a list of things you want to buy and note the date next to each item. Commit to waiting 30 days before making any purchase. More often than not, you’ll find that you didn’t really need or want the item after all. This simple habit can help you make more intentional spending decisions.4. Detect Spending HabitsThe fourth “D” is Detect. For 30 days, track all your spending and review your expenses. With today’s technology, this process is easier than ever since most of us rarely use cash. You can quickly review your bank and credit card statements online. As you do this, ask yourself what you would change. The FaithFi app is an excellent tool for this. It allows you to combine all your accounts in one place and helps you and your spouse stay on the same page regarding your finances.5. Decide on Your Spending and Giving PlansFinally, it’s time to Decide on your financial future. Overhaul your budget, check your priorities, and decide where your money will go. Make “giving” an essential part of your budget. Consider where you can cut expenses to be more generous, whether to your church or a ministry you’re passionate about. This step is about re-establishing your priorities and returning to the basics—financially and spiritually.The “5 Ds of a Financial Reset” offers a practical and spiritual approach to managing your finances in today’s complex world. By defining your financial vision, decluttering your life, delaying impulse purchases, detecting spending habits, and deciding on your budget, you can regain control of your finances and realign them with your spiritual values. Remember, tools like the FaithFi app can make this process even easier, helping you stay organized and focused on what truly matters.On Today’s Program, Rob Answers Listener Questions:I have a pension fund that I'm no longer contributing to, and I can roll it over into either a Roth IRA or a traditional IRA. Which one should I roll it over into where I would have the least tax burden?If I contributed to a traditional IRA, is there a waiting period before I can do a backdoor Roth?I have a couple hundred dollars that I would like to invest somewhere, and I want to be able to put money into it occasionally. I need to figure out where to start or put that money.I'm 67 and plan to work for 3-5 more years. I want to fund a traditional IRA, and I'm considering using it for QCDs once I turn 70.5. However, I've also been encouraged to put the money in a Roth IRA instead. What are your thoughts on that?Resources Mentioned: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 every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God’s resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

You have to be at least 62 to collect Social Security…maybe because it takes that long to understand the program.Do you have questions about Social Security? Of course, you do. Who doesn’t? Well, you don’t want to miss today’s program. Eddie Holland is back to answer more of your questions about Social Security.Eddie Holland is a Senior Private Wealth Advisor and partner of Blue Trust in Greenville, South Carolina. He’s also a CPA, a Certified Financial Planner (CFP®), and a Certified Kingdom Advisor (CKA®).Can You Claim Benefits Early and Switch Later? You can claim Social Security benefits at 62 and switch to spousal benefits later if the spousal benefit is higher than your own. However, if your benefit is higher, you must take that instead. Conversely, you must wait to claim spousal benefits first and then switch to your benefit at full retirement age; you must take the higher of the two benefits available.Survivor Benefits Exception Survivor benefits are an exception where you can take one benefit and let the other grow. For instance, a widow can claim a survivor benefit as early as 60 and then switch to her benefit at 70, which would have grown due to delayed retirement credits.Taxation of Social Security Benefits Social Security benefits can be taxed based on your combined income, including half of your Social Security benefits, adjusted gross income, and any tax-exempt interest. Federal taxes apply progressively, with higher income leading to more taxable benefits.Roth Conversions and Social Security Be cautious with Roth conversions, as they can increase your combined income and make more of your Social Security benefits taxable. This strategy might push you into a higher marginal tax bracket.Stopping Benefits If you decide to stop your Social Security benefits, you can do so within the first 12 months of receiving them if you're under full retirement age. Beyond that, you can pause benefits after reaching full retirement age to earn delayed retirement credits.Scams and Social Security There is an increasing problem of Social Security scams. Legitimate Social Security issues will be communicated via mail, not phone calls, emails, or social media messages. If in doubt, always verify by setting up an appointment with your local Social Security office.If you have questions about your benefits, consider consulting a Certified Kingdom Advisor (CKA®) who can provide tailored advice for your unique situation. On Today’s Program, Rob Answers Listener Questions:I have a substantial amount in an IRA. Should I roll it over to a Roth IRA and pay the taxes upfront, or just leave it in the traditional IRA and pay taxes later when I take distributions?I'm 61 years old and have a car loan with 6.7% interest. I would like to know if I can take money from my 401(k) to pay off this car loan. Would that be a good idea?Resources Mentioned: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 every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God’s resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Charles Dickens’s A Christmas Carol is a timeless tale cherished for its powerful story of transformation. Yet beneath its heartwarming narrative lies a deeper commentary on economics, generosity, and faith—one that challenges the worldview of scarcity and embraces God’s abundance.Today, Jerry Bowyer will dive into the philosophical and theological themes within the story and help us discover what we can learn from Ebenezer Scrooge’s journey.Jerry Bowyer is the President of Bowyer Research and our Resident Economist here at Faith & Finance. He is the author of “The Maker Versus the Takers: What Jesus Really Said About Social Justice and Economics.”The "Surplus Population" MindsetOne of the most striking moments in A Christmas Carol is Scrooge’s cold remark about the “surplus population.” This phrase reflects an ideology rooted in the teachings of Reverend Thomas Malthus, an 18th-century economist who believed that population growth would outpace resources, leading to widespread poverty. Malthus advocated for limiting population growth, particularly among the poor.Scrooge’s initial worldview mirrors this philosophy: a belief that resources are scarce, people are a burden, and the poor are expendable. This mindset not only disregards the inherent dignity of every person but also misrepresents the nature of God as generous and abundant.A Christmas Carol: A Response to MalthusianismDickens wrote A Christmas Carol as a critique of Malthusian ideas. Through Scrooge’s transformation, the story reveals the flaws in a worldview of scarcity. Scrooge begins the story isolated, stingy, and bitter—seeing others as competitors for limited resources. By the end, he embraces generosity, community, and joy, reflecting the biblical truth that humans are created in God’s image to love, create, and give.The Ghost of Christmas Present drives this point home by challenging Scrooge’s cold logic. In one scene, he rebukes Scrooge, asking, “Are you the surplus population?” This moment underscores that no one is surplus in God’s economy. Every person is valuable, created for a purpose, and capable of contributing to human flourishing.The transformation of Scrooge’s mindset from scarcity to abundance aligns with a biblical view of God’s provision. In Genesis 1:28, God commands humanity to “be fruitful and multiply” and to “fill the earth and subdue it.” Far from being burdens, people are creators and contributors, reflecting God’s creative nature.History supports this biblical principle. During Dickens’ time, industrial and economic advancements were lifting many out of poverty. Contrary to Malthus’ predictions, human ingenuity and collaboration were unlocking unprecedented prosperity. Dickens weaves this reality into A Christmas Carol, showing how generosity and a thriving community lead to abundance.Lessons from Scrooge’s RedemptionScrooge’s transformation offers timeless lessons:Embrace Generosity: The turning point in Scrooge’s story is his decision to give freely to others. Generosity reflects God’s character and opens the door to joy and community.Value Every Life: Tiny Tim, a child who might be dismissed as “surplus” in Scrooge’s old mindset, symbolizes hope and purpose. Dickens reminds us that every life is precious in God’s eyes.Challenge Scarcity Thinking: Scarcity thinking breeds fear, isolation, and selfishness. By contrast, faith in God’s abundance allows us to live with open hands and hearts.Redeem the Past: Scrooge’s journey with the Ghost of Christmas Past shows how trauma and hardship can shape our worldview. Yet, we can move beyond our past to live in freedom and generosity through grace, healing, and community.The themes of A Christmas Carol remain relevant in our world. Modern ideologies that devalue life, promote fear of overpopulation or prioritize self-interest mirror the Malthusian philosophy Dickens opposed. As believers, we are called to affirm every person's inherent worth and reflect God’s abundant generosity in how we live and give.Just as Scrooge learns, we are not “bugs” competing for limited resources. We are image-bearers of a loving Creator who calls us to steward the earth, care for one another, and trust His provision.As we watch A Christmas Carol or reflect on its message this Christmas season, let’s remember the gospel truth at its heart: God is generous, not stingy. He gave us His Son, Jesus, the ultimate gift of love and redemption.In the words of Tiny Tim, “God bless us, everyone!” May we live out that blessing by embracing generosity, valuing life, and trusting in the abundance of God’s provision.On Today’s Program, Rob Answers Listener Questions:My 84-year-old mother wants to gift each of us four kids a $100,000 CD. What's the best way for her to do this without us paying a lot of taxes?I want to use my retirement accounts to pay off my kids' college debt. Is there a way to do this without having to pay taxes on the withdrawals? Or can I get their debt reduced through government aid programs?Resources Mentioned:The Life of Our Lord: Written for His Children During the Years 1846 to 1849 by Charles DickensLook 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 every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God’s resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

“And the angel said to them, ‘Fear not, for behold, I bring you good news of great joy that will be for all the people.” - Luke 2:10As Christians living in a materialistic society…we must remember to celebrate for the right reason…the birth of our Savior. Howard Dayton joins us to talk about that.Howard Dayton is the founder of Compass Financial Ministry and the former host of this program. He is also the author of several books on Christian Finance and Stewardship.The True Reason for the Season: A Savior Is BornAs Christmas approaches, it’s easy to get caught up in the busyness of the season—gifts, decorations, and endless to-do lists. But amidst all the festivities, it’s important to intentionally focus on the true reason for the season: celebrating the birth of Jesus Christ.At the heart of Christmas is the message of Luke 2:11–14:"For unto you is born this day in the city of David a Savior, who is Christ the Lord."This Scripture serves as a powerful reminder that Christmas is not about the gifts we give or receive but about the gift God gave us in His Son, Jesus. Reflecting on this passage helps us remember the miraculous story of Christ’s birth and its significance for our lives.Create Traditions That Keep Christ at the CenterOne meaningful way to keep Christ at the center of Christmas is by reading the story of His birth from Luke 2 as a family. Whether it’s on Christmas morning before opening presents or on Christmas Eve, pausing to reflect on this Scripture can anchor your celebrations in the real reason for the season.Consider making it a family tradition where each person takes turns reading a few verses. It’s a simple yet powerful way to instill the truth of the gospel in the hearts of children and remind everyone of God’s love and faithfulness.Christmas is also an opportunity to model and teach generosity. Just as God gave us the greatest gift in Jesus, we are called to give generously to others.Encourage children to share what they have with someone in need. For example, they could give a cherished toy to a child who might not receive any gifts this Christmas. Acts of generosity can create life-changing moments, not only for those who receive but also for those who give. These experiences help cultivate a heart of compassion and gratitude in children and deepen their understanding of what it means to follow Christ.Be Intentional About the Message of ChristmasIn a culture that often overlooks the true meaning of Christmas, it’s more important than ever to teach children intentionally—and remind ourselves—why we celebrate. Christmas is about honoring Jesus, who left heaven to come to earth, lived a sinless life, and ultimately died for our sins so we could have eternal life.If we are not intentional, we can easily get swept up in the culture’s focus on materialism and miss the priceless opportunity to point ourselves and others back to Christ.At the heart of Christmas is the ultimate act of generosity: God giving His Son for our salvation. This indescribable gift should inspire us to reflect that same spirit of generosity, not just during the holidays but throughout the year. Whether through acts of kindness, sharing resources with those in need, or offering our time to serve others, generosity mirrors the heart of God.Practical Steps for a Christ-Centered ChristmasHere are a few ways to ensure your Christmas celebrations keep Christ at the center:Start with Scripture: Read Luke 2 as a family before opening gifts or as part of a Christmas Eve tradition.Practice Gratitude: Take time to thank God for the gift of Jesus and the blessings He has provided.Model Generosity: Find creative ways to give, whether donating to a charity, serving in your community, or helping someone in need.Keep It Simple: Avoid the temptation to overcomplicate the season with endless activities. Focus on the moments that truly matter.Christmas is a season of joy, celebration, and hope because of the birth of our Savior, Jesus Christ. By keeping Him at the center of our traditions and celebrations, we can honor the true meaning of the season and create lasting memories that glorify God.This Christmas, let’s remember the ultimate gift of God’s love and share it with others. May your celebrations be filled with the peace and joy that only Christ can bring!If you’d like to learn more about Compass Financial Ministry and the incredible work they are doing, visit CompassFinancialMinistry.org. On Today’s Program, Rob Answers Listener Questions:What is the difference between a will and a trust?My father created a trust fund for the four of us siblings, with the oldest and youngest siblings in charge of the trust. The other siblings are having trouble getting information from them. Even though the two siblings in charge can access the fund, will my mother still need to approve any access to the money?Resources Mentioned:Compass Financial MinistryLook 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 every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God’s resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Beauty matters to painters, musicians, and photographers, but what does it have to do with investing? The creation account suggests that beauty is also at the core of faithful stewardship and investing. Today, we’ll discuss “Investing in Beautiful” with Jason Myhre of the Eventide Center for Faith & Investing.Jason Myhre is the Executive Director of the Eventide Center for Faith & Investing, an educational initiative of Eventide Asset Management, and an underwriter of Faith & Finance. The Experience of BeautyWe all encounter beauty in various forms—an orchestral performance, a mountain hike, a beach stroll, or even a bouquet of flowers at home. However, we seldom consider the role of beauty in our work or finances. Beauty is integral to creation and essential in our stewardship of God’s world.In Genesis, God is depicted as a worker, creating the heavens and the earth and declaring His creation "very good." The Hebrew word for "good" encompasses moral perfection, functional excellence, and surpassing beauty—a concept better captured by the compound word "beauty-good." God, as a master artisan, crafted a world full of potential and delight.Humanity is called to contribute to the beauty and goodness of creation through work. Genesis 2:15 says, “Then the Lord God took the man and put him in the Garden of Eden to cultivate it and tend it.” This passage indicates that humans are to make God's creation even better. God’s creation is full of hidden potential, like seeds, waiting for us to uncover and develop it through our work.Uncovering Creation’s PotentialConsider simple examples like bread and wine. God created grain with the potential to become bread and grapes with the potential to become wine. These transformations reveal the hidden potential within creation, brought to fruition through human work.A more sophisticated example relevant today is semiconductors, which are essential for our smart devices and computers. The fundamental material for semiconductors is sand. Kristen Say from Eventide Asset Management aptly describes it: “With semiconductors, we’re taking sand and teaching it to think.” This potential was embedded in creation from the beginning, waiting for us to uncover and develop it.Theologian Craig Bartholomew also offers a powerful analogy: Imagine being a sculptor and receiving a call from Michelangelo asking you to complete a sculpture he started. This mirrors our role in God’s creation: to finish and enhance the work God began, thereby revealing all its hidden beauty and goodness and glorifying God as the ultimate Creator.Applying This Vision to Business and InvestingAs Christians with a biblical worldview, we must view business and investing through the lens of this divine vision. The Genesis instructions for developing the beauty and goodness of creation still apply to us today. Businesses are called to create products and services that are genuinely good and that truly serve humanity. Investors play a crucial role by supplying the capital that enables and expands the good work of businesses.When contemplating investments, we should ask whether the companies we invest in create goods and services that enhance the world or harm God's creation. Embracing this perspective helps align our investments with our faith, ensuring they contribute positively to God's world.Faith-Based InvestingThe good news is that the faith-based investing movement is growing. Numerous Christian faith-based investments now help us avoid companies whose products contradict biblical values while supporting those that meet human needs and enhance the world.Understanding and developing the hidden potential in God's creation is a profound aspect of our work and investments. By aligning our investments with Christian values, we honor God and contribute to the ongoing revelation of His creation’s beauty and goodness.To learn more about faith-based investment resources and to find a list of faith-based investment options, visit faithandinvesting.com/faithfi.On Today’s Program, Rob Answers Listener Questions:I'm 71 and recently lost my 77-year-old husband. I'm trying to manage my finances and assets to cover my expenses and have some growth for the future. I've talked to advisors but feel frozen and scared to make decisions. Please help guide me on the best approach.Resources Mentioned:Eventide Asset ManagementEventide Center for Faith & InvestingList of Faith-Based Investing FundsWise Women Managing Money: Expert Advice on Debt, Wealth, Budgeting, and More by Miriam Neff and Valerie Neff Hogan, JD. 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 every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God’s resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

One of my favorite passages in the Bible is found in Luke 12:16-21, the Parable of the Rich Fool. While most of us don’t have barns today, Jesus’ warning about storing up earthly treasures is just as relevant now as it was then. So, what does it mean to be “rich toward God,” and why does it matter? Let’s dive into this powerful lesson.The parable begins with a wealthy man who has a problem many might envy—his land has produced so much that his barns aren’t big enough to store it all. His solution? Tear down the old barns and build bigger ones. He says to himself, “Soul, you have ample goods laid up for many years; relax, eat, drink, be merry” (Luke 12:19).At first glance, this sounds practical, even responsible. But Jesus reveals the man’s tragic mistake. God calls him a “fool” because his life will end that very night, and all his possessions will be left behind. Jesus concludes with a warning: “So is the one who lays up treasure for himself and is not rich toward God” (Luke 12:21).What Does It Mean to Be Rich Toward God?“Rich toward God” is a striking phrase, and while Scripture doesn’t define it explicitly, we can infer its meaning through contrast. The Rich Fool’s mistake wasn’t his wealth but his heart. He prioritized his possessions over God, finding his security and satisfaction in material abundance rather than in his Creator.Being rich toward God means:Acknowledge God as Your Source – Recognize that all you have belongs to Him.Treasure God Above All – Count Him as your greatest riches, above money or possessions.Use Wealth for God’s Glory – Invest in His Kingdom by giving generously to those in need.Had the Rich Fool done this, his wealth could have been a tool for eternal good instead of a trap for his soul.The story of the Rich Fool reminds me of A Christmas Carol by Charles Dickens. Like the Rich Fool, Ebenezer Scrooge was consumed by wealth and self-interest. But Scrooge was given a second chance to change—and so are we.Jesus teaches that the way we use money is evidence of our faith. While works don’t save us, they reflect our relationship with God. Holding onto wealth for ourselves reveals a heart that treasures possessions more than the Giver of all good things.Money as a Tool, Not a TreasureIt’s important to note that money itself isn’t bad. It’s a powerful tool that can be used for good or bad, depending on how we handle it.The danger lies in letting money take God’s place in our hearts. As Jesus warns in Matthew 6:21, “For where your treasure is, there your heart will be also.” The Rich Fool’s failure wasn’t his wealth but his attitude. Instead of viewing his abundance as a gift from God, he saw it as an opportunity for personal indulgence.Imagine if the Rich Fool had responded differently. What if, instead of building bigger barns, he prayed, “God, this is all Yours. You have made my fields prosper. Show me how to use this blessing to glorify You and help others”?He might have used his wealth to feed the hungry, clothe the poor, or support God’s work. He could have shared in the joy of giving and discovered that, as Jesus said in Acts 20:35, “It is more blessed to give than to receive.”Lessons for Us TodayThe Parable of the Rich Fool is a sobering reminder to examine our own hearts. Are we building bigger barns, accumulating wealth for our own comfort? Or are we using God’s blessings to invest in eternal treasures?Here’s how we can strive to be rich toward God:Trust in God’s Provision – Avoid placing your security in money.Give Generously – Use your resources to bless others and advance God’s Kingdom.Focus on Eternity – Remember that worldly wealth is temporary, but treasures in heaven last forever.The Rich Fool learned his lesson too late, but we don’t have to. Let’s choose today to prioritize God over possessions and live as wise stewards of His blessings.“It is more blessed to give than to receive.” Let’s not just hear those words—let’s live them.Rich Toward God: FaithFi's Study on the Parable of the Rich FoolIf you’d like to combat pride in your life and grow closer to the Lord, purchase our study guide entitled Rich Toward God: A Study on the Parable of the Rich Fool. With the Lord's guidance, FaithFi created it to expand our understanding of His amazing love for us and what it means to follow him with all our hearts. Get a copy for personal study or for everyone in your Bible study group to experience it together. Go to FaithFi.com/RTG to learn more!On Today’s Program, Rob Answers Listener Questions:I'm 35 years old, married but without kids, and have no significant assets. Is it still necessary for me to set up a will? And if so, what would I need to do to go about that?I'm considering retiring at 65, even though my full retirement age for Social Security is 67. If I wait to claim Social Security until I am 67, will my benefit amount continue to grow during the two years I'm not working, or will my lack of income negatively impact the benefit?I have a pretty nice house and a paid-off car, but I need to set up a will and a trust. I don't know where to start. Can you recommend a company or resource that provides godly estate planning services?I have just over $50,000 in a CD that recently matured, and I want to move it somewhere where I have easier access to the funds. Should I look into a high-yield savings account? When I look at the options on Bankrate, I'm unsure how to decide which bank to go with. What should I be considering?I've heard you mention a company when discussing reverse mortgages with other callers. You usually say that would be the one you prefer or advise checking with. What was the name of that company again?With the recent political changes, I wonder about the outlook for T-bills versus CDs as we head into 2025. How do you see the rates and performance of these short-term investments, and how will they compare in the near future?Resources Mentioned:Christian Community Credit UnionBankrate.comLook 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 every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God’s resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

As Christmas draws near, stories of generosity and the spirit of giving abound. Few stories, however, embody these virtues more powerfully than the life of Saint Nicholas. Behind the modern image of Santa Claus lies the legacy of a man whose life reflected the true meaning of Christmas—selfless love and sacrificial giving.Born around 280 A.D. in Patara, Turkey, Nicholas was raised in a wealthy Christian family. From an early age, he was taught to care for the poor and live out the teachings of Jesus. His parents modeled these values daily, planting seeds of faith and generosity in his heart.Tragedy struck early in Nicholas’ life when an epidemic claimed both of his parents. Left orphaned but with a significant inheritance, Nicholas could have chosen to live in comfort. Instead, he embraced his faith, seeing his wealth as a tool to serve others and spread the love of Christ.The Secret Acts of KindnessNicholas became known for using his wealth to quietly help those in need. His most famous act of generosity involved a poor man with three daughters who were unable to marry due to their lack of dowries. Without this financial gift, the daughters faced the grim prospect of slavery.Moved by their plight, Nicholas secretly delivered a bag of gold to the family under the cover of night. He repeated this act twice more, ensuring all three daughters had a future free from poverty. When his identity was discovered, Nicholas humbly redirected the thanks to God, embodying Jesus’ teaching in Matthew 6: “When you give to the needy, do not let your left hand know what your right hand is doing.”A Life of ServiceNicholas later became the Bishop of Myra, a role that allowed him to extend his mission of compassion and justice. Known for his love for the poor and his courage in defending the innocent, he risked imprisonment during the persecution of Christians and stood firm for the gospel at the Council of Nicaea.His life was defined by Christlike love. Through his actions, he reminded people that true wealth is not found in material possessions but in a personal relationship with God. His kindness pointed others to the greatest gift of all: Jesus Christ, who came to bring salvation and eternal life.After Nicholas’ death on December 6th, 343 A.D., stories of his generosity spread across centuries. He became a symbol of selfless giving and was honored as the protector of children and the patron of sailors. Over time, his legacy inspired the modern figure of Santa Claus.But beyond the red suit and cheerful laughter lies the heart of Saint Nicholas’ story—a life lived to glorify God through love and generosity.The True Meaning of ChristmasThe story of Saint Nicholas challenges us to reflect on the true meaning of Christmas. His life reminds us that the season isn’t about extravagant gifts or seeking recognition. It’s about embodying the love of Christ—a love that is sacrificial, humble, and freely given.As we exchange presents and celebrate with loved ones, let’s remember that the greatest gift has already been given. Like Saint Nicholas, we can share that gift with others through acts of kindness, generosity, and encouragement.This Christmas, may his story inspire us to give generously, love deeply, and reflect the light of Christ in a world that desperately needs hope. After all, as Jesus said, “It is more blessed to give than to receive.”Let’s celebrate this season by sharing the love that makes Christmas truly special.On Today’s Program, Rob Answers Listener Questions:I'm a 26-year-old newlywed looking to invest, and I'm wondering about your perspective on cryptocurrency—where you think it's headed in the future and if you're optimistic or pessimistic about it as an investment.My husband recently passed away, and I'm not 62 yet; I'm 61. Is there a negative side effect or penalty if I were to wait until I'm 62 to start collecting my own Social Security and then switch over to his survivor spousal benefit two to three years down the road?I have a savings account in a credit union for my grandchildren. Should I put the money into individual CDs for each child or keep it in one savings account?I have an old secured credit card from college that I've had for 9 years, but I can't get it unsecured. I'm considering closing it, but the banker said it would drop my credit score by 300 points. Is that accurate, and what kind of impact would I expect on my credit score from closing this older card?Resources Mentioned: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 every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God’s resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

We sometimes regret the things we say, but often, words left unsaid can bother us just as much.We’ve all had the thought, “Oh, I wish I’d said this or that.” You had more to say, but for whatever reason, time ran out. Sharon Epps has some things to say about unfinished conversations today.Sharon Epps is the President of Kingdom Advisors, our parent organization. Kingdom Advisors is a group dedicated to training financial professionals to guide and advise you according to biblical principles.The Power of Unfinished ConversationsThe end of the year naturally becomes a season of change. Whether through unexpected interruptions or shifting circumstances, we often find ourselves in the middle of conversations that feel unresolved. These “unfinished” moments can leave us longing for closure or clarity, especially when circumstances prevent us from completing the dialogue.Unfinished conversations can be deeply personal. A sudden change at work, a shift in a relationship, or even an unexpected goodbye can leave us wishing we had said more—expressing gratitude, offering encouragement, or simply saying, “I appreciate you.” Unresolved words can linger in our hearts, creating a sense of loss that extends beyond the situation itself.Reclaiming Conversations and RelationshipsSome unfinished conversations need to be revisited. Reaching out to express what was left unsaid can bring healing to others and ourselves. Even after the fact, a kind word or a heartfelt message can be a powerful way to rebuild relationships and bring closure to unresolved moments.Sometimes, all it takes is a simple step to bridge the gap. For example, an email or a phone call that begins with, “I didn’t get a chance to tell you this, but…” can make a lasting impact. Thoughtful, intentional communication can transform lingering regrets into meaningful resolutions.When Conversations Can’t Be ReclaimedOf course, not every conversation can be recaptured. Death, distance, or circumstances may make it impossible to say the words we long to say. When faced with these situations, we can take comfort in surrendering those conversations to God.A meaningful practice for releasing unresolved conversations is to journal them as prayers. Writing down the words we wish we could say and giving them to God can bring peace and closure. As we do this, we can trust that God finishes what we cannot. Just as Jesus declared on the cross, “It is finished,” we can rest in knowing He brings completion to even the most challenging parts of our lives.Applying This to FinancesUnfinished conversations don’t just affect relationships—they often spill over into how we handle finances. Here are a few examples of financial conversations that can remain unresolved:Avoiding Money Goals: Spouses can get caught up in the daily whirlwind of life and neglect setting realistic financial goals together.Estate Planning: Families often avoid discussing inheritance or end-of-life plans, which can leave loved ones with uncertainty.Family Debt: Outstanding debts between relatives can create tension, especially when conversations about repayment are avoided.In these scenarios, it’s important to ask two key questions:Does this conversation need to be recaptured? Some situations call for a direct, honest discussion to resolve lingering uncertainty or tension.Does this conversation need to be released? Other situations may require surrendering unresolved feelings or conflicts to God and trusting Him to bring peace.A Challenge for This SeasonAs the holidays bring moments of togetherness and reflection, take time to consider the unfinished conversations in your life—whether relational or financial. Ask God for wisdom to know whether to recapture or release them.This season is a unique opportunity to bring closure where it’s needed and peace where it feels impossible. Trust God to finish what you can’t, and step forward into the new year with a heart that’s open and resolved.On Today’s Program, Rob Answers Listener Questions:I'm 39 now, and I've never saved for retirement. I have a job where I'm able to, but I don't know where to start. I have a lot of money lying around, but my company doesn't offer a 401(k) or anything like that. What should I do to start saving for retirement?I've been using a credit card to charge our monthly groceries and then paying it off to earn travel rewards points. Is this a good approach, or should I just take the money directly from our budget instead of charging the groceries?We've been trying to sell our house for 11 months, but the market has slowed down. My wife wonders if we should rent out our house, move to a new place, and then sell it later when the market improves. What do you think about that plan?I have a small pension that would be taxable if I took the lump sum. I could roll it to an IRA or take the $200 per month annuity. I don't need the money now, so what's the wisest financial decision—take the lump sum, roll it to an IRA, or take the annuity payments?We put some money into an indexed annuity a few years ago, but I've noticed it hasn't earned anything, even though the market has done well. I have a penalty to withdraw the money. Should I just leave it or try to take the penalty and move it somewhere else?Resources Mentioned: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 every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God’s resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

British philosopher G.K. Chesterton once said, “I know as much about the future as you do, which is nothing.” Only God knows the future, but that doesn’t mean we shouldn’t plan for it. Mark Biller is here today to help you do that. 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, “Your 10 Most Important Financial Moves for 2025,” which offers over 60 actionable tips across six categories. Let’s dive into some highlights to help you plan your next year's top financial moves.1. Put First Things First: Aligning Finances with FaithDevelop a Financial Plan: A solid plan is essential for managing God’s resources well. As Luke 19:13 reminds us, faithful stewards are called to “put this money to work until I come back.”Build an Eternity Portfolio: Once your family’s needs are met, embrace “exponential generosity.” As your income grows, increase your giving percentage, laying up treasures in heaven (Matthew 6:20).2. Strengthen Your Financial FoundationCreate a Workable Budget: A budget—think of it as a “spending plan”—is foundational. Learn from past mistakes and focus on spending less and saving more through automated savings or retirement account contributions.Spend Less, Save More: Small changes today can bring significant long-term benefits. Adjust your spending habits to prioritize your future.3. Develop Your Investing PlanCreate a Long-Term Investing Strategy: Just as a budget helps manage day-to-day finances, an investing plan guides long-term success. Allocate appropriately and avoid making rash decisions based on political or economic changes.Stay Informed About Trends: Technological advancements, economic policies, and market changes can impact investments. Educate yourself on these trends without succumbing to speculation.4. Broaden Your PortfolioExpand Your Knowledge: Understand how global trends like AI and interest rate shifts may influence your portfolio. SMI offers resources to help navigate these complexities while maintaining a long-term focus.5. Prepare for RetirementPlan for Social Security: Deciding when to claim Social Security benefits is crucial. For most, waiting until full retirement age or later can yield greater financial benefits.Understand Medicare Coverage: Don’t assume Medicare will cover all your retirement healthcare needs. Research Medigap or Medicare Advantage plans and consider alternatives like Christian Healthcare Ministries.6. Miscellaneous Must-DosStart Your Kids on Investing: Encourage young people to invest early. Fractional-share purchases and no-commission trades make it easier than ever to build long-term financial habits.Review Estate Plans: Ensure your will, power of attorney, and healthcare directives are up-to-date. Life changes and legal updates warrant a review every five years.Protect Against Tax Identity Theft: To prevent fraudulent filings, safeguard your Social Security number by requesting an IRS Identity Protection PIN.Bonus Tips for 2025Treasure Each Day: Life is fleeting—embrace each day as a gift and manage God’s blessings wisely.Deepen Your Prayer Life: Discerning God’s voice leads to better financial decisions rooted in faith.Manage Finances as a Team: For married couples, working together on finances can combine strengths and reduce weaknesses.As 2025 approaches, remember that your financial success hinges more on your choices than external circumstances. Faithful stewardship not only secures your financial future but also aligns your resources with God’s purposes. May you aim to hear these words in Matthew 25:21: “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!”For the complete list of financial moves and additional resources, visit SoundMindInvesting.org.By following these principles, you can make 2025 a year of financial health and faithfulness.On Today’s Program, Rob Answers Listener Questions:I recently retired and have a 401(k) with about $47,000 in it. I don't know what to do with this money. I'd like to get some advice from a Christian perspective on how to best manage and invest this 401(k) now that I'm retired.Resources Mentioned:Understanding Reverse: Simplifying the Reverse Mortgage by Dan HultquistMoney and Marriage God's Way by Howard DaytonMovement MortgageLook 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 every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God’s resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

From Genesis to Revelation, generosity is a resounding theme in the Bible. The ultimate example of this is captured in Romans 6:23:“For the wages of sin is death, but the free gift of God is eternal life in Christ Jesus our Lord.”As children of a generous God, Christians are called to reflect His generosity in their lives. Let’s explore the biblical foundation of generosity, its spiritual significance, and some timeless wisdom from godly leaders to inspire you on your journey.The Biblical Foundation of GenerosityThe Bible paints a vivid picture of what it means to live generously:Sharing What We Have: Jesus instructed His followers, saying, “Whoever has two tunics is to share with him who has none, and whoever has food is to do likewise” (Luke 3:10–11).Giving Cheerfully: The Apostle Paul teaches that generosity should come from the heart: “Each of you should give what you have decided in your heart to give, not reluctantly or under compulsion, for God loves a cheerful giver” (2 Corinthians 9:7).Reflecting God’s Character: Psalm 112 reveals that generosity is more than an action—it’s a reflection of righteousness and godly character.Generosity is a response to God’s abundant grace flowing from a heart transformed by His love.Wisdom on Generosity: 10 Timeless QuotesThroughout history, men and women of faith have offered profound insights into the spiritual significance of generosity. Here are ten inspiring quotes to challenge and encourage you:1. C.S. Lewis“I do not believe one can settle how much we ought to give. I am afraid the only safe rule is to give more than we can spare.”2. John Wesley“Do all the good you can, by all the means you can, in all the ways you can, in all the places you can, at all the times you can, to all the people you can, as long as ever you can.”3. A.W. Tozer“Any temporal possession can be turned into everlasting wealth…Whatever is given to Christ is immediately touched with immortality.”4. Billy Graham“Tell me what you think about money, and I will tell you what you think about God, for these two are closely related. A man’s heart is closer to his wallet than anything else.”5. Chip Ingram“Giving is an action; generosity is a matter of the heart. You can give and not be generous, but you can’t be generous without giving.”6. Randy Alcorn“Giving affirms Christ’s lordship. It dethrones me and exalts Him.”7. Saint Augustine of Hippo“Charity is a virtue which…when our affections are perfectly ordered…unites us to God…for by it we love Him.”8. Amy Carmichael“You can give without loving, but you cannot love without giving.”9. J.I. Packer“The measure of all love is its giving. The measure of the love of God is the cross of Christ.”10. Jesus Christ“Give, and it will be given to you. A good measure, pressed down, shaken together and running over, will be poured into your lap. For with the measure you use, it will be measured to you” (Luke 6:38).Living Generously: A Call to ActionGenerosity is not just about sharing wealth—it’s about trusting God to meet our needs as we meet the needs of others. It’s an act of worship and a reflection of God’s love in our lives.We give because God first gave to us—our life, salvation, and every blessing we enjoy. Let these biblical truths and timeless quotes inspire you to live generously, not out of obligation but from a heart filled with gratitude.May your generosity glorify God and bless others, transforming ordinary possessions into eternal treasures.On Today’s Program, Rob Answers Listener Questions:I'm a newlywed, expecting our first child. We've been looking to buy a house. Would you recommend going through a mortgage broker or directly through a bank?I'm considering a reverse mortgage. Are they good or bad? What are some of the pitfalls?Resources Mentioned:Understanding Reverse: Simplifying the Reverse Mortgage by Dan HultquistMoney and Marriage God's Way by Howard DaytonMovement MortgageLook 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 every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God’s resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.