MoneyWise Live | November 8, 2018

Honesty is the Biblical Policy

Show Notes

We all want to be honest but who among us hasn’t stretched the truth just a bit when it meets our needs? It’s not enough to say that honesty is the best policy, it’s also the biblical policy.  Make that commandment.  Nowhere are we more tempted to be dishonest than with money. Rob West presents the case for financial honesty all the time, not just when it’s convenient. 

  • The Bible has plenty to say about how we should live our lives but not all of that made it into the Ten Commandments. Honesty did, however, so we can assume it’s pretty important to God?
  • MoneyWise Live is focusing on the importance of honesty when it comes to finances but it seems “Thou shalt not steal” might be the better commandment to cite here.
  • We know that honesty with money is important to God but why do you think it’s important enough to Him that it made it into the Ten Commandments?
  • What are the consequences of dishonesty and the rewards of being honest?

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

  • If your husband just passed away, his life insurance policy has paid out a large amount you not typically good with money, what are some recommendations?  COACH
  • If you have a serious girlfriend of 2 years who's an straight-A, international student that needs tuition funds and her Visa is enrollment contingent, should you think about cosigning a student loan for her?
  • Should you tithe on your Social Security check?
  • If you're going through a divorce and your expenses are exceeding your incoming, what are the important steps to take to stay about water?
  • If you're age 58 and still working and have an availability to purchase a second home that will require a temporary mortgage, is it a good move?
  • If you credit card of about $25,000 debt that you're having no trouble paying off, a home mortgage and a line-of-credit on your home but see about $2,000 of month extra money, how do you prioritize paying of those different types of debt.
  • If you had two properties, have sold the first one and are wanting to use the proceeds from that sale to reduce the mortgage on the second, can you do so without refinancing?

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