December 21, 2011 Money Wise




Compass » Money Wise show

Summary: Collecting Debts Biblically - It's frustrating to loan money, either personally or through your business, and then have trouble recouping it.  Howard and Steve look at God's principles behind lending money to fellow believers and, more importantly, lending to the poor.  They also answer calls and emails (800-525-7000 or moneywise@compass1.org) about paying off debts and making ends meet when you don't have a job, whether it's okay to stop supporting some ministries for a time so that you can support new needs or new ministries for awhile, whether you should discontinue contributions to a 401K until you've got your credit card debts paid off, and whether you should pay off your home loan even if it means losing the tax deduction.