1 min read

Financial Planning & the Pursuit of God, Part 4 [EP. 20]

Financial Planning & the Pursuit of God, Part 4 [EP. 20]

In the latest episode of The Chase hosted by Chris McAlpin, the focus is on the importance of budgeting, prioritizing finances, and understanding the difference between good and bad debt. The discussion delves deep into the biblical perspective on finances, emphasizing the significance of tithing from one's gross income and the value of saving. Chris and his guest highlight the pitfalls of consumer-driven bad debt, especially credit cards, and the detrimental impact it can have on one's financial health.

They stress the importance of seeking guidance and gaining a different perspective when dealing with personal finances. The episode also touches upon the fear-mongering of the past months and the challenges it posed. As they wrap up, the emphasis is on the right mindset, stating that once you learn how to think, the action steps are not that hard.

Key Takeaways:

  1. Prioritize tithing from your gross income and focus on savings.
  2. Understand the difference between good and bad debt; avoid consumer-driven bad debt.
  3. Seek guidance and a different perspective when dealing with personal finances.
  4. The right mindset is crucial; once you learn how to think, the action steps become clearer.

For more insightful episodes on biblical finances and financial investing, watch more episodes by viewing The Chase playlist.

If you have questions or need assistance, please reach out to the Sound Financial Strategy Group at Contact Sound Financial.

 

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