Do you know your net worth? God does. He knows every penny you have because He gave it to you. He’s intentionally entrusted resources to your care and management. Shouldn’t you find out His plans for them? God’s perspective on wealth is our topic du jour. You might be surprised to learn that money isn’t evil and can be a great blessing. Our host Rob West gets the details from Howard Dayton, founder of Compass— Finances God’s Way. On this MoneyWise Live, Rob reviews these topics with Howard Dayton:
- One of the questions you challenge us with in Charting Your Legacy is, “Am I Rich?” How should we answer that question?
- Why is pride so dangerous?
- What other dangers does wealth pose— and again we should point out— most of today are wealthy by the world’s standards.
- We’ve been talking about the dangers of wealth, but we said at the top that wealth can be a great blessing. God gave us resources for a reason. How does He view wealth?
Next, Rob and Steve answer these questions at 800-525-7000 or via email at Questions@MoneyWiseLive.org:
- If you sold half of some acreage you owned two years ago, when should you look at selling the rest?
- When are brick and mortar banks going away?
- If you have spare money and want to give but your husband doesn't, how do you get on the same page?
- How do you know how much you need for retirement?
- If you have a financial advisor with whom you've invested a good bit of money who's said you can only meet once a year, is this normal?
- If you were hit hard with taxes last year, is this something your accountant should or your financial advisor catch?
- If saving and investing seems contrary to Biblical teaching, how does one justify this?
- If you have a car loan that's seems to have a high interest rate, should you use your 401(k) to pay that loan off?
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