FaithFi’s 2024 Impact Report with Chad Clark

A Ministry of Impact

FaithFi’s mission comes alive through our various initiatives, including:

• The Faith & Finance Radio Show and Podcast:
  
  Reaching over 1.5 million weekly radio listeners across 1,900 stations and 825,000 podcast downloads annually, this program serves as a daily touchpoint for biblical financial wisdom.
   
• The FaithFi App:
  
  With over 65,000 members, the FaithFi app is a powerful tool for stewardship. Users engage in a supportive community, gain access to biblical financial professionals, and find resources to help them manage what God has entrusted to them wisely.
   
• Studies and Devotionals:
  
  New resources like Rich Toward God (a study on the Parable of the Rich Fool) and Look at the Sparrows (a devotional addressing financial fear and anxiety) provide deeper opportunities for spiritual growth and transformation.

Your Opportunity to Double the Impact

On Today’s Program, Rob Answers Listener Questions:

• I'm retired and converting my traditional IRA to a Roth, following my CPA's advice to go to the top of my tax bracket. I recently learned about accelerated Roth conversions and their potential impact on future taxes, Medicare, and Social Security. I'm not quite an IRA millionaire yet, but I'm getting close. Should I accelerate the Roth conversions, especially before year-end?
• I turned 66 and a half in June of this year and started receiving Social Security in July. Now that I've reached full retirement age, can I still work and earn unlimited income, or is there a cap on my annual income?
• I'm a recent high school graduate who will attend college in the fall. I'm deciding whether to get a job and put all the money into savings, living as sparingly as possible, or invest the money to make it work for me during this interim period before college.
• My husband and I have some basic ideas about teaching our kids, ages 7 to 12, about giving and financial wisdom from the Bible. However, we don't have a structured approach. Do you have any recommended resources or books to guide us in teaching biblical financial principles to kids in this age range?
• I'm going to be applying for Social Security soon. Is it best to apply for it online, go into the office, or do it by phone? Can I just do the application online?

Resources Mentioned:

• FaithFi.com/impact
• The Secret Slide Money Club Series by Dr. Art Rainer
• Open Hands Finance|
• Compass Financial Ministry
• SSA.gov
• Look At The Sparrows: A 21-Day Devotional on Financial Fear and Anxiety
• Rich Toward God: A Study on the Parable of the Rich Fool
• Find a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)
• FaithFi App