8 tips to deal with debt overload - Compass Catholic

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 – Our small group bible study is the answer - http://compasscatholic.org/financial-bible-study/#nav

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Manage Your Money God’s Way - Work is more than a job.

June 19, 2017

Work is More Than a Job

When we finish working at our job, there’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 it’s very core, a Christian approach to work is rooted in man’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 - Learn how we can help you eliminate your debt. http://compasscatholic.org/financial-bible-study/

 

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What engaged couples need to know about God, Marriage and Money

June 4, 2017

Podcast Summary for God, Marriage and Money

If you are engaged or a newlywed it’s very important to have conversations regarding your finances.   Finances are a topic that you will be dealing with daily.   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.   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.  

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:   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/ .   You can now download your copy of Your Money Counts FREE…Click on the link in the book store of CompassCatholic.org.

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2017-05-29 When it comes to money, planning is the easy part!

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 Americans live paycheck to paycheck, so even though financial success is simple, it’s not easy. It takes discipline, hard work and commitment. It’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: “Do not love the world or the things of the world.” 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 at 844-447-6263 or fill out the contact form on the Compass Catholic website. Also take a look at our small group bible study, Navigating Your Finances God’s Way - http://compasscatholic.org/financial-bible-study/

Click here for Evelyn's latest blog http://compasscatholic.org/education-center/

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2017-05-15 Is your bank costing you $$$? Here’s how you can bank for free.

May 15, 2017

Here are the best practices for selecting your bank and avoiding fees:  

• How often will you actually visit the bank building and how convenient is it?
• Will you need to access the bank in other cities?
• How quickly does the bank credit deposits to your account?
• Is the bank FDIC insured?
• What are the fees for the accounts you need?
• Are there minimum balance requirements?
• Is online banking available?
• What happens if you bounce a check?

How to avoid banking fees:
• Keep your check register up-to-date.
• Use automatic payments.
• Review your account statement and balance your checkbook and savings account every month
• Sign up for online alerts when your balance dips below a certain level.

To read more on picking a bank and avoiding fees read Evelyn’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/  click on Navigating Your Finances God's Way

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2017-05-06 Here’s how to pay for your vacation BEFORE you leave

May 9, 2017

Vacation Planning - ways to save money

It’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 we’ll pay for it.

You should ALWAYS pay cash for a vacation because it is silly to finance a luxury. No matter where you’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 city’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  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.

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