When it Comes to Money, Planning is the Easy Part!

Several weeks ago, we were talking about the difference in the monthly payments between a 15-year mortgage and a 30-year mortgage. The 15-year mortgage has a higher monthly payment than the 30-year mortgage payment, but it allows you to save a ton of money in interest payments. You may be wondering if getting a 30 […]

Mother’s Day

Sunday is Mother’s Day—a time to honor mothers, grandmothers, stepmothers, godmothers, friends who are mothers and anyone in our life who fills the role of mother. The concept first originated in 1868, when Ann Jarvis established a meeting for mothers whose sons fought or died on opposite sides of the American Civil War. She wanted […]

Do I Have to Pay Taxes?

Let’s face it, nobody likes to pay taxes and complaining about them seems to be a national pastime, especially at this time of year. The annual process of gathering information then completing what seems to be a mountain of paperwork can leave us feeling frustrated and irritated. And if you are like 99% of Americans […]

Black Friday and The Light

On Thanksgiving, we express our gratitude for all the good things in America: “spacious skies, amber waves of grain, purple mountain majesties and brotherhood from sea to shining sea.” The last line of this beautiful song written by Katherine Lee Bates says, “Confirm thy soul in self-control….” At midnight on Thanksgiving, we are faced with […]

Manage Your Money God’s Way … WHAT???

When we tell individuals we run a ministry to teach people how to manage money God’s way, they usually look at us like we have three heads. And many listeners to our Radio show on Breadbox media ask “What does the Compass Catholic show title Manage Your Money God’s Way mean?” The answer may surprise […]

Are You Abusing Your Credit Cards?

Credit cards can be a good tool for you to use to manage your finances. They can also create financial chaos if you fall into the trap of using credit cards to satisfy every whim. The secret is to use credit cards wisely or not at all.  Use them don’t abuse them. When people pay […]

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 […]

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 […]

Adults Kids, Parents and Money

Most parents look forward to a visit from their adult children…but what if that visit includes all their worldly possessions, two grandchildren, a ten-week-old puppy, two hamsters and no plans to move out? There are any number of reasons adult children may move back home but by far the most common one is money. A […]

10 Steps to Build a Budget That Works

Many people cringe at the thought of a budget as it raises mental images of not being able to go anywhere, do anything or have any fun.  A budget seems to convey the feeling of restrictions and lots of record keeping. However, a properly designed and maintained budget gives you freedom rather than restrictions, especially […]