MoneyWise Live | October 11, 2018

Principles of Stewardship

Show Notes

Everybody talks about stewardship but what does it really mean?  As believers, how well do we actually practice it? In a culture that glorifies materialism, true stewardship should stand out.  You’ll be better equipped as a faithful steward of God’s resources when Rob West gives you the nuts and bolts of biblical stewardship on this edition of MoneyWise Live.  

  • Rob starts with the one thing we always hear when anyone talks about stewardship is that God owns everything.
  • Then, Rob discusses his next principle - that, as stewards— we have no rights over what we temporarily possess because of the Lord’s provision.
  • Next he talks about how it’s okay to enjoy God’s resources but not too much and how to know where to draw the line.

Then Rob takes your money questions at 800-525-7000. 

  • How do separate the wheat from the chaff when it comes to student load forgiveness?
  • If you've closed some credit cards by paying them off with a 401(k) loan and have a few more cards to close, what would be the best way to pay them?
  • If you're age 57 and having to provide for your son, how do you stay above water without exhausting yourself working?
  • At what point can you withdraw money from a 401(k) without penalty?

Next, Steve and Rob take a break from the calls and Bob Doll joins MoneyWise Live to talk about recent market volatility.

Back to the calls...

  • If you have a Roth IRA that isn't earning but 1.5%, can you move the funds?
  • Is there a rule-of-thumb for the point where you shouldn't have full coverage on your car?
  • If you want to financially help your daughter who's getting married soon and don't have a lot of money, would it be OK to stop tithing to do so?
  • Where do you go to find a Kingdom Advisor that MoneyWise Live talks about?

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Resources From This Show

Show Guests

Bob Doll

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