7 Things to Know about Bitcoin in 2021

Written By: Victoria Sechrist Bitcoin has hit record highs in the last couple of months. It begs the question: Is it here to stay? Should Catholics take notice? Will this affect the Church at some point? Bitcoin is a global digital currency, also known as a cryptocurrency. You can use your U.S. Dollars or any […]

The Spiritual Cost of Debt

Many churches don’t talk about personal finances unless there is a need for increased giving. Yet the spiritual impact of debt is clear: Financial challenges can ruin marriages, leading to divorce. A family wants to send the kids to Catholic school, but can’t afford the tuition because there are other places where their money is […]

The Spiritual Impact of Debt

In all the parishes we have visited all over the world, there have only been two or three times when the priest gave a homily on responsible spending and the benefits of avoiding debt. But when he did preach on that subject, he had the full, rapt attention of the congregation. After all, money is […]

Don’t Fool Yourself About Your Finances

Let’s face it, looking at your finances and being totally honest about what you are doing right, what you are doing wrong and what you are not doing at all is not on the top of the to-do list for most people. But if you are not taking a realistic look at your finances, you’ll […]

Finding a Financial Planner (part 2)

Last week’s blog was about the background work you need to do when you are looking for a financial planner. This week’s blog is about interviewing a potential financial planner. As a reminder, be sure to interview at least 3 people before determining which financial planner is right for you. The first thing you want […]

Where is Your Heart?

Our hearts follow where our money goes as it says in Matthew 6:21, “For where your treasure is, there your heart will be also.” Too often we let the money take the lead and control our heart. However, the heart should take the lead and control where the money goes. If God is our treasure, […]

Cosigning is Bad for Your Financial Health

Many people gladly cosign a loan thinking they are doing the right thing by helping someone out of a difficult situation. Cosigners are usually friends or relatives who sign loan papers for someone who’s not able to get a loan on their own merit. It seems like a good idea at first. You may be […]

Money Myths

When I was young, I believed the Tooth Fairy put money under my pillow, Santa put the toys under the tree and the Easter Bunny put the candy in the basket. As an adult, I don’t believe in the Tooth Fairy, Santa or the Easter Bunny, and you probably don’t either. But you may believe […]

The Dishonest Steward

The Gospel reading yesterday always confused me, until I really concentrated on the details. Luke 16:1-13 tells the story of “The Dishonest Steward.” To summarize, a steward was fired because he had squandered the rich man’s property. He was left without a job and did not want to do manual labor, nor did he want […]

Are You Honest or Truthful?

Fifty or sixty years ago, if you had asked someone if they were honest or truthful, they would have looked at you as if you had two heads. At that time, there was no discernable difference between the two. Our attitudes have changed so much that today people often manipulate their words and actions so […]