In this episode, I have a conversation with best-selling author Deborah Pegues about some lighthearted topics like emotional spending and enabling. After I talk to Deborah, I provide seven things high school seniors should know about money.

Notes:

1. Money is the result of work.
2. Money is finite.
3. Debt is a burden.
4. Instant gratification often leads to delayed financial health.
5. A little bit of money + A lot of time = A lot of money.
6. God is the owner and provider of everything.
7. Eternal treasures are greater than earthly ones.

Listener question answered:

I'm a high school pastor now and desire to equip graduating seniors with more financial knowledge than I had at 18. My question is, what are the 3-5 things seniors need to know?

Episode Sponsor:

Most churches struggle to get people to give. SecureGive has created a system that helps churches increase giving so their ministry is funded to reach their community. SecureGive helps churches increase giving in 3 ways: software that makes giving easy, a custom growth strategy, and ongoing stewardship resources. They stand out by offering a real ministry partnership, the most cost-effective solution with the lowest processing rates, and the most comprehensive giving platform available. Use the code 'RAINER20' to get 20% off your first year! Learn more here: https://www.securegive.com/

In this episode, I have a conversation with our producer about credit cards. We have differing opinions on them, so I thought it would be fun to talk about our views.

Notes:

•Financial Priority #1: Giving (if you still have income)
•Financial Priority #2: Food and health.
•Financial Priority #3: House.
•Financial Priority #4: Utilities.
•Financial Priority #5: Automobile.
•Financial Priority #5: Other loans.
•Financial Priority #6: Everything else.

Listener questions answered:

Several of my peers have been let go where I work. As I precaution, I’m looking for other job possibilities. How should I prepare financially?

I have $5,000 saved in an emergency fund, but I can’t find a decent rate on any account. Any suggestions?

Episode Sponsor:

Most churches struggle to get people to give. SecureGive has created a system that helps churches increase giving so their ministry is funded to reach their community. SecureGive helps churches increase giving in 3 ways: software that makes giving easy, a custom growth strategy, and ongoing stewardship resources. They stand out by offering a real ministry partnership, the most cost-effective solution with the lowest processing rates, and the most comprehensive giving platform available. Use the code 'RAINER20' to get 20% off your first year! Learn more here: https://www.securegive.com/

Rachel Cruze from Ramsey Solutions joins us on the show to discuss her new book, Know Yourself, Know Your Money. In this interview, we discuss how our childhood impacts our view of money.

Rachel Cruze's new book, "Know Yourself, Know Your Money" is out now! Get it here: https://amzn.to/3hN6G22

Listener questions answered:

I'm in my 40's. So, what percentage of social security should I figure into my retirement calculation.

How do I know how much is enough for retirement?

Other notes:

4% Rule
Retirement Budget x 25 = Amount Needed for Retirement

Episode Sponsor:

Most churches struggle to get people to give. SecureGive has created a system that helps churches increase giving so their ministry is funded to reach their community. SecureGive helps churches increase giving in 3 ways: software that makes giving easy, a custom growth strategy, and ongoing stewardship resources. They stand out by offering a real ministry partnership, the most cost-effective solution with the lowest processing rates, and the most comprehensive giving platform available. Use the code 'RAINER20' to get 20% off your first year! Learn more here: https://www.securegive.com/

Alright, I have another incredible story for you. This time, you get to hear how the Morvays paid off $46,000 in one year! It is an amazing story with some important lessons learned.

Notes:

Your Financial State of the Union:
1. Review your generosity.
2. Review your cash.
3. Review your debt.
4. Review your retirement.
5. Review your net worth.
6. Review your goals

Episode #22: Your Financial State of the Union - Listen Here: https://bit.ly/2JxItAa

Lessons learned:
1. Trust the Lord during the entire process.
2. Make a financial plan.
3. Live within your budget.
4. Walk in community.

Episode Sponsor:

Most churches struggle to get people to give. SecureGive has created a system that helps churches increase giving so their ministry is funded to reach their community. SecureGive helps churches increase giving in 3 ways: software that makes giving easy, a custom growth strategy, and ongoing stewardship resources. They stand out by offering a real ministry partnership, the most cost-effective solution with the lowest processing rates, and the most comprehensive giving platform available. Use the code 'RAINER20' to get 20% off your first year! Learn more here: https://www.securegive.com/

It’s time for your Financial State of the Union! Give yourself a strong year-end and a great start to 2021 with this report.

Listener questions answered:

Do you think it’s wise or appropriate to fluctuate your giving when you have a highly flexible take-home pay?

How much life insurance do I really need?

Your Financial State of the Union:

1. Review your generosity.
2. Review your cash.
3. Review your debt.
4. Review your retirement account.
5. Review your net worth.
6. Review your goals.

Other notes:

DIME Method: Debt + Income + Mortgage + Education

Episode Sponsor:

Most churches struggle to get people to give. SecureGive has created a system that helps churches increase giving so their ministry is funded to reach their community. SecureGive helps churches increase giving in 3 ways: software that makes giving easy, a custom growth strategy, and ongoing stewardship resources. They stand out by offering a real ministry partnership, the most cost-effective solution with the lowest processing rates, and the most comprehensive giving platform available. Use the code 'RAINER20' to get 20% off your first year! Learn more here: https://www.securegive.com/

In this episode, Art talks with Paul David Tripp about how Scripture shines a light on the real reasons we struggle with money, and why we don’t fix debt with a budget.

Listener questions answered:

When one adult child is a very poor money manager, what is the best way to set up a will so that an inheritance does not make the problem worse?

Episode Sponsor:

Most churches struggle to get people to give. SecureGive has created a system that helps churches increase giving so their ministry is funded to reach their community. SecureGive helps churches increase giving in 3 ways: software that makes giving easy, a custom growth strategy, and ongoing stewardship resources. They stand out by offering a real ministry partnership, the most cost-effective solution with the lowest processing rates, and the most comprehensive giving platform available. Use the code 'RAINER 20' to get 20% off your first year! Learn more here: https://www.securegive.com/

Does your view on money hurt you? For many, the answer is “yes.” In this episode, I ask Derrick Kinney, the CEO of Good Money Framework, to discuss how a person’s resentment of money is ruining the world.

Listener questions answered:

How one can be sacrificial in giving while paying off debt?

Roth or Standard IRA?”

Other notes:

1. Money represents scarcity and strain.
2. You see money as working against you.
3. Your family money tree did not grow.
4. There’s not enough money to fulfill your dreams.
5. The money math doesn’t add up.

The 3 levers that create wealth:

1. Save more.
2. Earn more.
3. Reduce debt.

Episode Sponsor:

Most churches struggle to get people to give. SecureGive has created a system that helps churches increase giving so their ministry is funded to reach their community. SecureGive helps churches increase giving in 3 ways: software that makes giving easy, a custom growth strategy, and ongoing stewardship resources. They stand out by offering a real ministry partnership, the most cost-effective solution with the lowest processing rates, and the most comprehensive giving platform available. Use the code 'RAINER 20' to get 20% off your first year! Learn more here: https://www.securegive.com/

I’ve been eager to share my friend, Roshaun Freeman’s story for some time. Here was a guy
who had seemingly everything against him, including cerebral palsy. Yet, he crushed $50,000 in student loan debt. Get ready to be inspired.

Here are my takeaways from Roshaun Freeman’s story:

1. We have to take responsibility for our decisions.
2. Getting out of debt takes focus and sacrifice.
3. Getting out of debt is more than possible for you.

Episode Sponsor:

Most churches struggle to get people to give. SecureGive has created a system that helps churches increase giving so their ministry is funded to reach their community. SecureGive helps churches increase giving in 3 ways: software that makes giving easy, a custom growth strategy, and ongoing stewardship resources. They stand out by offering a real ministry partnership, the most cost-effective solution with the lowest processing rates, and the most comprehensive giving platform available. Use the code 'RAINER 20' to get 20% off your first year! Learn more here: https://www.securegive.com/

2020 is almost over! It is time to get your year-end plan together. And in this episode, we are talking with Talaat McNeely from HisAndHerMoney.com about the year-end money moves you should be making.

Listener questions answered:

What is the best way to start saving for a child's future college fund?

Should I rent and save 15% for retirement or reduce my retirement savings and put it toward a down payment on a house.

Other notes:

Moves you should make before year-end

1. Review your last 12 months of spending
2. Obtain a recent copy of your credit report
3. Take a look at your debt balances
4. Establish new short-term goals
5. Assess all of your investments
6. Determine your contributions to charity
7. Make sure you have sufficient life insurance

Episode Sponsor:

Most churches struggle to get people to give. SecureGive has created a system that helps churches increase giving so their ministry is funded to reach their community. SecureGive helps churches increase giving in 3 ways: software that makes giving easy, a custom growth strategy, and ongoing stewardship resources. They stand out by offering a real ministry partnership, the most cost-effective solution with the lowest processing rates, and the most comprehensive giving platform available. Use the code 'RAINER 20' to get 20% off your first year! Learn more here: https://www.securegive.com/

According to a recent survey, 21.5% percent went into debt over Christmas in 2019. Are you financially prepared for Christmas? In this episode, we consider five ways you can ruin your finances over the holidays and provide some practical tips to avoid them all.

Listener questions answered:

What is the best savings vehicle to start putting aside money for future weddings?

If there is money left at the end of the month, do you suggest putting an additional amount in savings or use it as an additional principal payment on our mortgage?

Other notes:

How to ruin your finances this Christmas:

1. Don’t plan.
2. Feel obligated to get everyone a gift.
3. Go into debt for Christmas purchases.
4. Wait until the last minute to purchase gifts.
5. Pull back on your financial generosity to your church and others.

Practical money tips for Christmas:

1. Get a budget.
2. Find cost-friendly gifts.
3. DO NOT GET A STORE CREDIT CARD!
4. Give yourself time to find wallet-friendly, but good gifts.
5. Be intentional about your generosity this Christmas.

Episode Sponsor:

Most churches struggle to get people to give. SecureGive has created a system that helps churches increase giving so their ministry is funded to reach their community. SecureGive helps churches increase giving in 3 ways: software that makes giving easy, a custom growth strategy, and ongoing stewardship resources. They stand out by offering a real ministry partnership, the most cost-effective solution with the lowest processing rates, and the most comprehensive giving platform available. Learn more here: https://www.securegive.com/