Manage Your Money God's Way - Are You Prepared for the Next Recession?

We are in the middle of an economic expansion and the unemployment rate is at a 50 year low.  But change is inevitable and at some point there will be a recession.  Are you prepared to weather an upcoming economic storm?
A recession may be months or even years away so the best time to prepare is now. Join us for some ideas about how to get ready.
The Compass Catholic blog has more about preparing for the next recession.

Comments

Post a Comment

Popular posts from this blog

Manage Your Money God's Way - Raising a Large Family

  This episode originally aired on April 3, 2020. Danielle Bean is a wife, mom of 8, author, speaker, and Brand Manager of CatholicMom.com. She is also the host of Girlfriends (a Podcast for Catholic Women). In this episode, Danielle shares how she and her husband financially navigate having a large family while teaching their children about financial discipleship. To learn more about Danielle Bean, visit DanielleBean.com. To learn more about Compass Catholic Ministries, please visit CompassCatholic.org.   Music Credit:Happy by MusicbyAden https://soundcloud.com/musicbyaden Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0 Free Download / Stream: https://bit.ly/happy-musicbyaden Music promoted by Audio Library https://youtu.be/IOtFV3u_g5E
Read more

Manage Your Money God's Way - In Honor of World Day for Consecrated Life Part 2

  In honor of the World Day for Consecrated Life, we are replaying the second part of an interview with Anne Folan. Anne discusses the toll student loan debt is taking on vocations, as well as possible solutions to this crisis. Anne Folan is a member of the Board of Directors of the Mater Ecclesiae Fund for Vocations, a nonprofit Catholic organization that makes grants for student loan debt relief for young men and women with vocations to religious life.  45 million Americans owe student loan debt, collectively owing more than $1.5 trillion dollars. Two out of every three college graduates will graduate with a student debt load averaging over $30,000. For individuals discerning a call to religious life, student loan debt can create a tremendous obstacle they didn't consider when pursuing their college degrees because religious communities usually don't allow a person with unresolved debts to enter formation.  Mater Ecclesiae Fund for Vocations:   https://fundforvocations.org Co
Read more

Manage Your Money God's Way - Financial Fasting

  At the end of December, we all tend to feel a bit “spent”. In this episode, Caitlyn and Diana talk about a financial fast. Fasting is most commonly associated with abstention from food, although it can also take the form of giving up other comforts. Starting on January 1 st , Caitlyn and Diana encourage our listeners to participate in a fast to both help the holiday spending exhaustion and grow in prayer. The steps to this fast include 1. Identify your needs. 2. Keep track of all your spending. 3. Focus on contentment. 4. Grow in prayer. Will you be joining Caitlyn and Diana on this fast? Email us at  Podcast@CompassCatholic.org  or follow the Compass Catholic Facebook page. We’d love to hear your personal financial fasting story!   Episode Guiding Principle:   Ezra 8:21 Then I proclaimed a fast, there by the river of Ahava, that we might humble ourselves before our God to seek from him a safe journey for ourselves, our children, and all our possessions. Ezra 8:23 So we fasted, seeki
Read more