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Banking On Eternal Rewards With Aaron Caid

FaithFi: Faith & Finance | Feb 2, 2024

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Show Notes

Aaron Caid joins us again today. Aaron’s the Chief Marketing Officer at Christian Community Credit Union, an underwriter of this program. 

INTEGRATING STEWARDSHIP INTO DAILY LIVING: HOW CAN CHRISTIANS PRACTICALLY APPLY THE CONCEPT OF STEWARDSHIP IN THEIR DAILY LIVES

  • Recent research showed that while Christians understand the concept of stewardship, they often struggle with practical application in daily life.
  • Over 80% of surveyed Christians believe applying stewardship principles positively impacts their lives.
  • Many expressed a desire to learn basic stewardship principles and how to use financial blessings in a God-honoring way.

 

THE IMPACT OF CHRISTIAN COMMUNITY CREDIT UNION (CCCU) ON MINISTRIES LIKE HOUSE OF REFUGE SUNNYSLOPE:

  • House of Refuge Sunnyslope in Phoenix provides transitional housing and focuses on preventing homelessness and sharing the gospel.
  • CCCU helped them acquire adjacent property to expand their single moms program, providing affordable financing and rapid problem-solving.
  • CCCU’s contributions are guided by Scripture, investing resources in ministries that further the gospel and support vulnerable communities.

 

THE ROLE OF CCCU MEMBERS IN KINGDOM WORK AND TREASURE BUILDING IN HEAVEN:

  • Joining CCCU aligns members with a Christian financial institution that invests in spreading the gospel and aiding ministries.
  • Members’ deposits help provide affordable financing for church construction and ministry growth.
  • Products like the Cash Rewards Visa Card benefit members and contribute to Christian charities, with CCCU having donated over $6 million to date.

 

ON TODAY’S PROGRAM, ROB ANSWERS LISTENER QUESTIONS:

  • I'm interested in internet banks for their high savings and CD rates, which seem to offer over 5%, and I want your opinion on them.
  • At 76 years old and retired with various accounts like annuities and a money market, I'm wondering if there are any other financial avenues I should consider at this stage in my life.
  • With $125,000 saved to buy a property in Florida, I'm unsure what to do with this amount as it has been sitting in a bank for over 10 years in a regular money market account.
  • I'm 61, and my wife is 63. We're looking to renovate our paid-off house and are considering how to finance the updates, including potentially using our HELOC, which is one minus prime.


RESOURCES MENTIONED:

 

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