MoneyWise Live | January 11, 2019

Everyday Generosity with Brad and Drew Formsma

Show Notes

If you’re a cheerful giver, you probably look forward to putting your check in the collection plate each Sunday. It’s an act of worship that should generate a feeling of exhilaration. So why miss out the rest of the week?  Generosity isn’t a Sunday only thing. We can reap the blessings of giving every day. Rob West welcomes Drew Formsma and his father Brad to talk about their new book— Everyday Generosity: Becoming a Generous family in a Selfie World.   Steve and Rob discuss these topics with Drew:

  • Drew might be the youngest author that's been on the MoneyWise Live.
  • Rob discusses with Drew how the idea came to him.
  • Drew's idea of generosity may be broader than what we’d find in the dictionary and so he defines it.
  • Drew has a great story in his book about a trip to Bed, Bath and Beyond and he talks about tha.
  • What prevents us from being generous in everyday situations?
  • Drew boils down the "Four Rs" and tells us how to get started being generous.
  • The subtitle of your book is “Becoming a generous family in a selfie world,” so we want to help our children become givers.
  • If you want to help your children become givers and realize they may not have much money, how can they learn to be generous?
  • God wants us to be cheerful givers and that’s certainly reason enough but Drew outlines some tangible benefits to giving that we shouldn’t ignore.

Next, Rob and Steve answer these questions at 800-525-7000 or via email at

  • If you just graduated university, hope to be working very soon and have about $150,000 in student debt, how much should you allocate for living expenses vs. paying the debt?
  • If you want to protect yourself from credit card fraud, what are some general rules to follow?
  • What are the reasons to have life insurance and what type should you get?
  • If you had a hardship that wiped out your finances and are due to retire in about 13 years, how do you stay away from discouragement?
  • If you and your spouse are in your 50s and your wife is interested in moving about $20,000 of 401(k) funds into silver, is that a good idea?

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