January 25, 2012 Money Wise




Compass » Money Wise show

Summary: What should Christians do in a Financial Crisis? - Howard Dayton and Steve Moore discuss the current economic crisis and how these times are challenging for all of us.  They share what we can do to be prepared Biblically for financial hardships including spending carefully, saving regularly  (Proverbs 21:20), and being agressive in getting out of debt (Proverbs 22:7). Plus, they answer calls and emails (800-525-7000 or moneywise@compass1.org) about the following: Convertible Term life insurance policies and whether to consider converting a term policy to a permanent type of life insurance Combine finances within a marriage and how to make it work  (Howard's book "Money and Marriage God's Way" deals with this as does the audio book!) and Whether it would be a good idea to take out a Small Business Administration (SBA) Loan to open a restaurant Closing out the program, Steve mentions the small group study, "Navigating Your Finances God's Way," that will help you learn the Biblical principles for managing money, apply them in your finances, and strengthen your relationships as a result.  To learn more about this or any of our small group studies, visit www.Compass1.org. Remember that these programs are paid for by the generous financial support of our listeners.  Please consider joining our support team to help keep this program on-the-air in your area.  You can do so by clicking here.  Thanks!