On today's program, Rob West and Steve Moore answer an intesting home business question sent in from a listener. They discuss the roles of leadership in business and how to have a successful business when husband and wife work together. Next they answer your questions on any financial topic at at(800) 525-7000and MoneyWise@ Compass1.org about the following:

-Should I freeze my credit because of the Equifax Data Breach?

-My wife and I want to know the best way to invest. We have an 6 month emergency fund, and the only debt we have is our mortgage. We both have a 401k up to our company’s matches, and we don’t qualify to put money into the Roth IRA. Should we be putting money into a taxable brokerage account?

-I am on fixed income, and money is really tight. I have a friend that wants to borrow from me monthly. They seem to have everything they need, but they still ask for help. Advice?

Mentioned on today's program:KingdomAdvisors.org

Be sure to check out our website,Compass1.org, for a number of helpful resources (we’re on Facebook, too: Compass - finances God’s way). And thanks for your prayers and generousfinancialsupportwhich allow us to keep MoneyWise on-the-air!

To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29

Steve Moore and Rob West discuss how the Bible illuminates our way when it comes to finances. God’s principles are always right and will never change. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

-My husband and I recently had our first child and we’re realizing that we aren’t very good at saving money. I feel that our money isn’t going anywhere. Can you help us know where to begin?

-Is it wise to take out a home equity line of credit to pay off my car and other debts?

-My daughter and son-in-law are very frugal and have no debt. I want to advise them properly about their credit score so they will qualify for a mortgage. Should they use a credit card occasionally to establish their credit score?

Be sure to click the link above to check out our website (Compass1.org) to connect with a Compass Coach or access our books, videos, or any of our free helpful resources. You can also find us on Facebook (Compass - finances God's way) and get notifications about our weekly Facebook Live events. Thanks for your prayerful and financial support that helps keep MoneyWise on the air. And if you'd like to help, just go to the website and click the Donate tab at the top of the page.

To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29

Do you have a sound mind? Another Bible translation refers to it as self-discipline, but the implication is a thoughtful, informed approach to life that comes as a promise from the spirit of God. On today's program Rob West and Steve Moore are joined by Sound Mind Investing's Mark Biller to offer tips on applying that promise to your life. Next they answer your questions on any financial topic at at (800) 525-7000 and MoneyWise@ Compass1.org about the following:

- Are fixed index annuities a wise investment?

-How much does it take to get started in stock market investing?

Mentioned on today's program: The Navigating Your Finances God's Way study

Learn more about Mark Biller and Sound Mind Investing at SoundMindInvesting.org

Be sure to check out our website,Compass1.org, for a number of helpful resources (we’re on Facebook, too: Compass - finances God’s way). And thanks for your prayers and generousfinancialsupportwhich allow us to keep MoneyWise on-the-air!

To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29

When you're in your 20's, there are a lot of distractions, and often you have the time to pursue those distractions. There are some common financial pitfalls that tend to plague young adults, so on today's program, Rob West and Steve Moore share their top-6 financial suggestions for 20-somethings. Next they answer your questions on any financial topic at at (800) 525-7000 and MoneyWise@ Compass1.org about the following:

- How can you get out of an auto lease?

- What can you do when your expenses are greater than your monthly income?

- How can you minimize the tax bill when receiving a lump sum of money?

- Should you pay off your house using 401k funds before retiring?

- Is the federal government at fault for rising student debt?

Mentioned on today's program: Howard Dayton's book Free and Clear

Also mentioned: RepayDebt.org

Be sure to check out our website,Compass1.org, for a number of helpful resources (we’re on Facebook, too: Compass - finances God’s way). And thanks for your prayers and generousfinancialsupportwhich allow us to keep MoneyWise on-the-air!

To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29

On today's program, Steve Moore and Rob West speak with Bruce Witt, president of Leadership Revolution, about how God’s business principles are changing hearts and lives around the world. They discuss how people of different backgrounds and talents can be used by God to reach out and touch other people’s lives. Next, Steve and Rob take your questions on any financial topic at at(800) 525-7000and MoneyWise@ Compass1.org about the following:

-We’ve recently sold our house. What is a good way to invest the money from the sale if we are not buying another house?

Be sure to check out our website,Compass1.org, for a number of helpful resources (we’re on Facebook, too: Compass - finances God’s way). And thanks for your prayers and generousfinancialsupportwhich allow us to keep MoneyWise on-the-air!

To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29

What’s it like in your church with the offering plate is passed? Steve Moore and Rob West discuss the opportunity we have to give to God and support the work of the church. Being a cheerful giver requires a head, heart, hands attitude toward money. And as we see others in great need, we have the privilege of being the hands of feet of Christ for them. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

- I’m looking at purchasing a local business. It’s turnkey and currently profitable, but I would have to borrow money to purchase it. Do you have advice for me?

- We fell on hard times in 2013 and lost everything. We filed bankruptcy at that time, but had it dismissed immediately. It shows as a dismissed bankruptcy on my credit record, but it is affecting my ability to get credit. How can I get it off of my record?

-When would it be better to lease a vehicle than to buy one?

Mentioned on today’s show: Howard Dayton’s book Business God’s Way.

Be sure to click the link above to check out our website (Compass1.org) to connect with a Compass Coach or access our books, videos, or any of our free helpful resources. You can also find us on Facebook (Compass - finances God's way) and get notifications about our weekly Facebook Live events. Thanks for your prayerful and financial support that helps keep MoneyWise on the air. And if you'd like to help, just go to the website and click the Donate tab at the top of the page.

To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29

On today's program, Steve Moore and Rob West speak about the latest data breach with Equifax and how it may be impacting some of our listeners. They discuss the best course of action and offer helpful advice to make sure your credit is safe from hackers. Next, Steve and Rob take your questions on any financial topic at at(800) 525-7000and MoneyWise@ Compass1.org about the following:

-Our family needs a decent vehicle. Should we put the car in my husband's name in order to build credit? Would it be best the pay off our big bills first, or put down a larger down payment?

-Is it best to pay off your second home or keep it for investing in other properties?

-I am 60 years old and recently divorced. I have no income, but do have savings. I am paying my own health insurance, and am wanting better coverage. What do you suggest?

Be sure to check out our website,Compass1.org, for a number of helpful resources (we’re on Facebook, too: Compass - finances God’s way). And thanks for your prayers and generousfinancialsupportwhich allow us to keep MoneyWise on-the-air!

To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29

What is the difference between a bank and credit union? Is one better than the other? Who Can join a credit union? Which kind of financial institution is right for you. On today's program, Steve Moore and Rob West answer those questions and more. Next they take your questions on any financial topic at (800) 525-7000 and MoneyWise@ Compass1.org about the following:

-How much reserve savings should a small church keep on hand?

-What is the most way to make payments securely, guarding against fraud and theft?

-How do you determine how much money to keep/invest and how much to give to ministry causes?

Mentioned on today's program: Howard Dayton's bookYour Money Counts

Be sure to check out our website,Compass1.org, for a number of helpful resources (we’re on Facebook, too: Compass - finances God’s way). And thanks for your prayers and generousfinancialsupportwhich allow us to keep MoneyWise on-the-air!

To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29

Guess what industry has been steadily for many years without growing down? It's the storage unit industry! It seems we all need more space to store our stuff. Many of us have come down with a bad case of lifestyle creep. On today's program, Rob West and Steve Moore share some things you can do to slow down your spending, increase your saving and simplify your life. Next they answer your questions on any financial topic at at (800) 525-7000 and MoneyWise@ Compass1.org about the following:

-How do you know who to trust when it comes to investment and retirement advice?

-Would it be wise to use cash from a whole life insurance policy to pay off debt?

-If all property is jointly owned by a married couple, do you they still need a will?

-Should you leave an inheritance to an adult child if you feel he/she will use it in a way that dishonors God?

Mentioned on today's program: Howard Dayton's book Your Money Counts and Compass audio books

Be sure to check out our website,Compass1.org, for a number of helpful resources (we’re on Facebook, too: Compass - finances God’s way). And thanks for your prayers and generousfinancialsupportwhich allow us to keep MoneyWise on-the-air!"

To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29

Jesus visited the earth for a number of reasons. One of them was to demonstrate God's character and to show us how to live a life that reflects God's character and values. Now one of those values has been referred to as a forgotten value because today's culture seems to obscure its real meaning. On today's program Rob West and Steve Moore explain the Biblical meaning of "integrity." Next they answer your questions on any financial topic at at (800) 525-7000 and MoneyWise@ Compass1.org about the following:

-How should you plan to use an inheritance wisely?

-Should someone in the military rely on military retirement or open separate investment accounts?

-Do credit unions have the same federal insurance and safeguards as banks?

-Does it make sense to take advantage of 0% financing on a vehicle rather than buying it outright?

Mentioned on today's program: Howard Dayton's book: Money and Marriage God's Way

Be sure to check out our website,Compass1.org, for a number of helpful resources (we’re on Facebook, too: Compass - finances God’s way). And thanks for your prayers and generousfinancialsupportwhich allow us to keep MoneyWise on-the-air!

To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29