Steve Moore and Rob West discuss what it means to be in financial bondage. Most of us probably think of debt when we hear that phrase, but it includes much more. For example it is a telltale sign if you think about money so much that it competes with your relationship with Christ. Another example is that you cannot give as generously as you would like, A third is that you are simply not content with what God has provided. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

- My 21-year-old grandson just moved in with us. He has Asberger Syndrome. He has gotten himself into a lot of debt. Is there a practical way we can help him?

- We’re planning on retiring soon. We’re praying about building a home. How do you determine if something like this is God’s will?

- My husband’s parents are aging. My father-in-law has Alzeimers, and my mother-in-law can’t care for him. We want to make sure the farm stays in the family. How do we transfer their property to my brother-in-law?

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

Steve Moore and Rob West offer some tips on the best way to avoid credit card penalties. Rob also offers some alternatives to the traditional credit card. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

- My husband and I have come into some cash due to an inheritance. Our opinions differ on what to do with it. My husband would like to buy some investment property and I would like to fix up our current home and bank the rest for retirement. What do you think is best?

- I am considering a job change. Can you make a recommendation in moving my company 401K into something that has more options?

- My wife and I have 18k in savings. We have heard about an 80/20 mortgage that would alleviate the need for a 20% down payment. We have some debt and my wife does not have a job at the moment. Is this type of mortgage a good idea?

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

Steve Moore and Rob West discuss the paradox of prosperity. The more you have, the more choices you have, and the less real freedom you have. They give some tips on how to simplify your life and avoid the dangers of riches and materialism. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

- Is it a good idea to take my TSP account and pay off our car??

- I own a rental property. The interest rate on my mortgage is 8%. I can borrow against my 401(k) at 7.5%. Would it be a good idea to borrow from my retirement account to pay off the house?

- I’m 50 years old and have done missions work most of my career. I’m now in a stable job with a good income. I’m playing catch-up on my retirement savings. What’s the best approach for me?

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

You've often heard Steve Moore, Rob West and Compass founder Howard Dayton talk about a weekly "Money Date." That's a time you set aside with your spouse to talk about your finances, your goals, plans and concerns. But while it's easy to talk about, it's not always easy to do. Today, Steve Moore and Rob West share some Bible based wisdom to help you communicate about money with your spouse.

Next, they answer your questions at (800) 525-7000 and MoneyWise@ Compass1.org about the following:

- When is the right time to buy your first home?

- What is the best way for a young college student to invest?

- Should someone approaching retirement use savings to pay off debt?

Mentioned on today's program: Money and Marriage God's Way and Give, Save and Spend and the Sound Mind Investing Handbook

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

Many people understand the importance of having a budget, but they don't design a personal or family budget because they simply aren't sure how to do it. Today, Steve Moore and Rob West explain why a written budget is so critical to your financial success and offer a number of helpful tips to help you design a budget that will enable you to achieve your financial goals.

Next, they answer your questions at (800) 525-7000 and MoneyWise@ Compass1.org about the following:

- Does splitting your month payment in half and send two payments a month, does that help you pay the debt off sooner?

- Are digital currencies like Bitcoin stable and are they a sound place to put your money?

Steve and Rob also hear from a listener with a concern about a comment on a previous program regarding forgiveness and turning away from sin.

Mentioned on today's program: Howard Dayton's books Free and Clear, The ABC's of Handling Money God's Way and the Secret of Handling Money 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 generous financial support which 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 how to know if we’re taking care of our stuff, or if our stuff is taking care of us. The essence of stewardship is understanding that God owns everything. If our attitude is based on that fact, our stuff becomes something to manage in accordance with God’s wishes. They also mention several warning signs that materialism is creeping into our lives. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

- My mother-in-law is allowing us to live in her second home rent-free. We are spending our own money improving it. Should we buy it and try to sell it quickly to recoup our expenses?

- My husband and I bought a 1 acre lot 14 years as an investment. Should we build on it or sell it?

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

Steve Moore and Rob West talk to Brad Hewitt of Thrivent Financial about the deeper heart issues behind the problem of debt. Money is complicated, and our hearts get wrapped up in it. When we look at biblical applications of how to live as disciples, our relationship with money needs to be part of our assessment. Some of the issues they discuss are:

- What is a money mindset and how do you assess it?

- As a Christian, what is my enough?

- What is going to make me change so that I develop better money habits?

To take the money Mindset assessment mentioned on the show today, you can go to www.thrivent.org.

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

Steve Moore and Rob West talk about how to stay out of debt. When the economy is growing, people have a tendency to be overly optimistic about how much they can borrow. Getting out of debt requires determination. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

- I have no savings for retirement, but I’m thinking of retiring in the next couple of ways. What’s the best way to start saving?

- We just sold our house and have $98,000 in proceeds. Would it be best to put that lump sum into our new home or to invest it?

- How much should we save before we get married?

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

Steve Moore and Rob West speak with Mark Biller, from Sound Mind Investing, about what the Bible says about saving. Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

- I filed bankruptcy during the recession. I am 57 and trying to figure out the best avenue for retirement. Should I buy another home?

- Am I ready to retire?

- How much money should you have in your pension fund when you are getting ready for retirement? I am a nurse. I have money in a fund (about 35K). I also have 16K in savings.

Steve mentions the Sound Mind Investing Handbook and the website, SoundMindInvesting.org

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

These days there's a growing amount of discord over the ideas of requiring accountability and hard work OR exercising compassion and making sure that everyone has at least the minimum. Politically, the major parties are largely divided in this debate, but what does the Bible have to say about it all? Today, Steve Moore and Rob West explore the answer to that question and more.

Next, they answer your questions at (800) 525-7000 and [email protected] about the following:

- Does closing your credit cards harm your credit rating?

- How can a young person go about establishing credit?

- Is it a good idea to use life insurance proceeds to purchase a rental property? Mentioned on today's program: Compass Audio books and the Set Your House in Order Bible study. Also mentioned: BankRate.com

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 generousfinancial support which allow us to keep MoneyWise on-the-air!

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