What would it take for you to relinquish ownership of all you have and all you’ll ever make? Could you turn over every aspect of your finances to someone else? What if that someone were God? If we’re just stewards of God’s resources then we must acknowledge that He is the rightful owner of all we possess. Rob West explores that challenging concept with Howard Dayton - founder of Compass— Finances God’s Way. Whenever Howard Dayton joins MoneyWise Live, we learn a lot about applying God’s financial principles to our lives and he discusses his small group study Charting Your Legacy on this edition of MoneyWise Live.
- Why do you start with having students turn ownership over to God?
- Howard talks about his illustration of how a Trustee of Trust operates in the Charting Your Legacy study.
- Next, he discusses how do we carry out the role of steward?
- Finally, he carries the discussion all the way down to daily spending decisions and what it is that makes money the primary competitor to Lordship in our lives
Next, Rob and Steve answer these questions at 800-525-7000 or via email at Questions@MoneyWiseLive.org:
- A listener calls to say she's experienced God being faithful even when she wasn't.
- If you just received a settlement of $10,000, should you renovate your kitchen or save for the children's college?
- Where should go to comparison shop for a mortgage and are there differences between online mortgage lenders and local banks?
- If you sell your house without a real estate agent, should you use a title company, a lawyer or perhaps both?
- Does the FDIC still back your savings under the Dodd-Frank Act?
- If your new employer offers both a 401(k) and a traditional IRA as retirement funding options, which should contribute to?
- If you've just noticed your husband has a large bank account that's only in his name, what should you do?
- If health insurance is getting unaffordable for you and you're considering a Christian health-cost sharing named Medishare, should you go further?
- Do churches get taxed by the Federal government for your donations?
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