goals are competing against each other? Are you trying to pay off credit card debt, student loan debt, car loans and a home mortgage while at the same time trying to save for retirement? And don’t forget about that long overdue vacation!
ect. The fresh start effect refers to our inclination to wait to take action towards our goals until a key date…like New Years. With New Year’s right around the corner, it may be time to leverage the fresh start effect and give thought to taking on some new money habits.
Compass Catholic is a nonprofit ministry that runs on a combination of books sales and donations. For that reason, I spent part of this past weekend preparing our Giving Tuesday Plan to increase our donor base. Our Core Values dictate that we don’t have affiliate agreements and we don’t recommend any financial goods, products, or services to monetarily benefit the ministry so as to remain completely unbiased. For that reason, we are only funded by book sales and generous donors. Our books and Bible studies have affected thousands of people around the world. We need these financial disciples to consider Compass Catholic in their generosity plan.
Have you been thinking about facilitating a Compass Catholic Bible study but don’t know where to start? The process might be easier than you think! Read through the following steps to learn more about what it takes to lead a study.
If you’re the parent of school-age kids, you know how expensive back-to-school shopping can be. This year, don’t be shocked by the price tag. Instead, use these five tips to help get your kids back to school without breaking the bank.
We all know that Marriage vows include the promise to stick together “For richer or for poorer.” But when couples stand at the altar, they don’t promise to be completely open and honest about all their financial information from this day forward. Maybe they should. If spouses aren’t honest with each other about their entire financial situation, it can lead to big problems. Although money isn’t everything, it is involved in everything. To start the marriage off on the right foot, we recommend money conversations start well before the wedding day. Here are four money conversations you should have with your fiancé before the Sacrament of Marriage.
I was just reading an article that started out “Traditional Financial Advice Is No Longer Relevant.” My initial thought was, “Why not?” But further reflection led me to realize, much to my chagrin, that not everyone thinks the way I do. When it comes to money, my thinking is totally shaped around what the Scriptures […]
By Victoria Sechrist (ConsumerCatholic.com) Part 4 of a 5-Part Series on Student Loans So far, we’ve talked about using prudence and temperance in regards to paying back your student loans. Now, we’re going to tackle fortitude. In Italian, forte means strong. The virtue of fortitude involves courage and, as the Catechism puts […]
By Victoria Sechrist (ConsumerCatholic.com) Part 3 of a 5-Part Series on Student Loans Temperance is the cardinal virtue that keeps us from giving into our temptations. The biggest temptations with student loans? To stop paying them! In Part 3 of this five-part series, we’re going to talk about why you should reconsider that […]
Differing opinions about finances can trigger marital arguments, tension, anger, stress and worry. Money differences can drive a wedge between loving spouses. If you’ve been married for a long time and the way you handle money in your marriage evolved over time, it’s time to revisit those assumptions. If you are a newlywed, you need […]