September 19, 2017
Consider This Before You Buy a House
Thereâ€™s lots of things to consider when you are thinking about buying a house. The first thing is to decide if it is better to rent or buy. Then there is the cost, the location, the size and all the other stuff that comes with being a homeowner. This podcast will help you learn more about all the things you need to take into account when making the largest financial decision of your life.
Visit the Compass Catholic blog for more tips on buying a house and avoiding financial disaster.Â The calculators on the Compass Catholic website will help you calculate mortgage loan payments, down payments, or acceleration on your current mortgage.
Read Evelyn's blog on this topic -Â http://compasscatholic.org/education-center/
September 19, 2017
Let us help you not only reduce your debt but elimanate it all together. Go toÂ http://compasscatholic.org/Â for more information. Â
September 6, 2017
TAX SAVING IDEAS
In Mark 12:17, Jesus said to pay to Caesar what belongs to Caesar, but if Caesar creates rules that allow you to lower your taxes . . . then take advantage of those opportunities! Here are some tax saving ideas.
Adjust the number of dependents claimed on your W4 form so you are tax neutral.
Boost your retirement savings and reduce your taxes by contributing to a qualified retirement plan.
Take advantage of a health spending account and a child-care reimbursement account if your employer offers them.
A child born, or adopted, is a blessed event for your tax return. An added dependency exemption will knock $4,050 off your taxable income.
Saving money on your taxes isnâ€™t just an April 15th tax-day exercise. Monitor your income and expenses to save on your taxes all year long.
Here's is Evelyn's blog on the Saving Money on your taxes -Â http://compasscatholic.org/planning-2018-vacation/
August 30, 2017
Planning Your 2018 Vacation
One of the major financial holes Americans dig themselves into each year is their summer vacation. Most people do have a financial plan for the year that budgets for the costs of a vacation.
Where do you start if you want to take a vacation but don't want to go into debt?Â First, figure out how much you spend on a yearly vacation and put 1/12 of that in a savings account each month. If you donâ€™t have money to save each month before the vacation, then you donâ€™t have the money to pay the credit card bill (which also includes the interest!) after the vacation.
Read Evelyn's blog on Ways to save for next year's vacation NOW Â - http://compasscatholic.org/planning-2018-vacation/ Â
Learn how Compass can help you elimante your debt so you can enjoy a debt frree life -Â http://compasscatholic.org/
August 22, 2017
Manage Your Money God's Way Â - What It Takes to Get Out of Debt
Debt is so easy to get into and so hard to get out of. Â Getting into debt is like sliding down a slippery slope and getting out of debt is like trying to climb out of a hole by making your way slowly and painfully back up that same slippery slope.
My husband and I have made every financial mistake there is to make â€“ using debt to fund a lifestyle we could not afford; spending long term savings for short term needs; starting a business with no plan on how to survive financially; not being generous in our giving.
But if we can become totally debt free, so can you!
Read Evelyn's latest blog on this topic -Â http://compasscatholic.org/education-center/
We can help you elimante your debt no matter how large or small -Â 844-447-6263
June 26, 2017
8 Tips for Dealing With Debt Overload
If you are like most people in the US, debt is a way of life. But there comes a time when you just simply get tired of wasting your hard earned money paying interest or the debt gets overwhelming.
Things for you to think about are: good debt vs bad debt; secured and unsecured debt; using a budget; credit counseling; consolidation loans; home equity line of credit and changing your habits.
Ditch the debt! Visit the Compass Catholic blog for more info on 8 tips for dealing with debt overload. http://compasscatholic.org/education-center/
Learn how Compass Catholic can help you reduce and then eliminate your debt â€“ Our small group bible study is the answer - http://compasscatholic.org/financial-bible-study/#nav
June 19, 2017
Work is More Than a Job
When we finish working at our job, thereâ€™s still more work left to do. Before and/or after paid employment work, there is a home to take care of, meals to make, family members to care for and volunteer efforts. When we forget that all work we do gives us the opportunity to use the gifts and talents God has given us to help meet the needs of our fellow man, we forget that we are called by God to be a worker.
At itâ€™s very core, a Christian approach to work is rooted in manâ€™s relationship with God, creation and our fellow men.
Read our blog on Work and learn more about Bible Studies and other resources from Compass Catholic Ministries, at http://compasscatholic.org/work-is-more-than-a-job/
Work is one of the topics discussed in our small group bible study, Navigating Your Finances God's Way - LearnÂ how we can help you eliminate your debt. http://compasscatholic.org/financial-bible-study/
June 4, 2017
PodcastÂ Summary for God, Marriage and Money
If you are engaged or a newlywed itâ€™s very important to have conversations regarding your finances.Â Â Finances areÂ a topic that you will be dealing with daily.Â Â Having that discussion on finances now will resolves those differences early in the relationship.
God, Marriage and Money will give you a detailed look at marital finances.Â Â The book can be used as a tool. It will show you the true roll of money in a marriage. It will help you with any differences as it relates to money.Â Â
Read Evelyn's Blog on God, Marriage and Money - http://compasscatholic.org/god-marriage-money/
You can order your hard copy or download your digital copy of the book here:Â Â http://compasscatholic.org/book-store/. This small workbook has been designed to open the lines of communication about finances. Learn how to uncover those unanswered issues in your relationship that are related to money and possessions.
Another important book to read is Your Money Counts. An insight into what the Bible tells us are the best practices for handling money - http://compasscatholic.org/book-store/ .Â Â You can now download your copy of Your Money Counts FREEâ€¦Click on the link in the book store of CompassCatholic.org.
May 26, 2017
The core principles of personal financial success are very simple. Keep track of your money. Spend less than you earn. Have an emergency fund. Find ways to economize. Save and invest on a regular basis.
About 76% of AmericansÂ live paycheck to paycheck, so even though financial success is simple, itâ€™s not easy. It takes discipline, hard work and commitment. Itâ€™s fun to dream about being debt free, but what are you doing today to make that dream come true? If you make progress every day, your dreams will soon become reality.
That day to day effort is not how our world tells us to live. In 1 John 2:15, we hear: â€śDo not love the world or the things of the world.â€ť Too many times we get caught up in how the world tells us to live instead of following our Catholic faith.
To help you manage finances from a faith perspective, you can access the eBook version of Your Money Counts for FREE and it will help you focus on what is truly important. For more information, call us atÂ 844-447-6263Â or fill out the contact form on the Compass Catholic website. Also take a look at our small group bible study, Navigating Your Finances Godâ€™s Way - http://compasscatholic.org/financial-bible-study/
Click here for Evelyn's latest blog http://compasscatholic.org/education-center/
May 15, 2017
Here are the best practices for selecting your bank and avoiding fees:Â Â
â€˘ How often will you actually visit the bank building and how convenient is it?
â€˘ Will you need to access the bank in other cities?
â€˘ How quickly does the bank credit deposits to your account?
â€˘ Is the bank FDIC insured?
â€˘ What are the fees for the accounts you need?
â€˘ Are there minimum balance requirements?
â€˘ Is online banking available?
â€˘ What happens if you bounce a check?
How to avoid banking fees:
â€˘ Keep your check register up-to-date.
â€˘ Use automatic payments.
â€˘ Review your account statement and balance your checkbook and savings account every month
â€˘ Sign up for online alerts when your balance dips below a certain level.
To read more on picking a bank and avoiding fees read Evelynâ€™s latest blog - http://compasscatholic.org/education-center/
Learn how we can help you get rid of your debt - http://compasscatholic.org/financial-bible-study/Â click on Navigating Your Finances God's Way
May 9, 2017
Vacation Planning - ways to save money
Itâ€™s about that time of year when we start daydreaming about basking in the sun on the beach, then we wake up and wonder how weâ€™ll pay for it.
You should ALWAYS pay cash for a vacation because it is silly to finance a luxury. No matter where youâ€™re going, there are plenty of simple ways to cut expenses. Here are some ideas:
Sign up for a travel-related credit card and use the points to pay for hotel or air fare costs.
Be flexible with times and days when booking flights.
Travel off-season. Just before or after peak season will get you lower prices, smaller crowds and the weather will still be nice.
Avoid the most popular destinations and try a similar location. Places like Costa Rica, Croatia and coastal areas in Brazil are more affordable than you think.
Look for vacation rentals, rather than hotel rooms. We have gotten some great deals from VRBO.
Take free tours. In many major cities around the world, the locals offer free walking tours to show you the cityâ€™s highlights and teach you about the culture.
We provide all the tools to help you succeed in your journey to financial freedom - http://compasscatholic.org/participants/
If you would like to introduce this Bible study to your parish, or start a group on your own, call us at 844-447-6263 Â or fill out the contact form on the Compass Catholic website - http://compasscatholic.org/contact/ (the contact form is also located on each page of the website).
The journey to financial freedom begins with a prayer, your commitment, and taking the first step. Make this Bible study your first step.