With the economy as it is these days, and the effect it may have on your finances, it’s easy to fall into the trap, of worrying. We should be concerned about high inflation, rising interest rates, and the Wall Street rollercoaster, but when concern turns to worry, that’s a problem. Rob talks about how to overcome that with Jim Newheiser. This is MoneyWise Live - biblical wisdom for your financial journey. Jim Newheiser, is our guest. He's a former financial consultant and a gifted author on biblical finance. Jim and Rob cover these topics and questions:<ul><li>We’re taking a peek inside your latest book, a 31-day devotional titled Money: Seeking God’s Wisdom, and our topic is worry. But first we should mention that all through November and December, we’re offering the book for a gift of any amount at MoneyWise.org. Just click the “donate” button at the top of the page.</li><li>On Day 9 of your devotional, you hit on a subject that many listeners may be experiencing these days - worry. As it relates to money. What do they need to know?</li><li>What is Jesus really saying to His disciples (and us) in Matthew 6 - “Do not be worried about your life, as to what you will eat or what you will drink; nor for your body, as to what you will put on. Look at the birds of the air, that they do not sow, nor reap nor gather into barns, and yet your heavenly Father feeds them. Are you not worth much more than they? And who of you by being worried can add a single hour to his life? You of little faith!”?</li><li>You're saying that when we worry, it’s a sign that we're looking in the wrong place for peace and security?</li><li>Reflecting on the many verses in God’s Word that address worry will take your mind off worrying, safe in knowledge that God will meet all your needs. Great advice, Jim, thanks for being with us.</li></ul>On-Air Mention:<ul><li>Specifically on the topic of debt, are you worried and struggling with credit card debt but don’t know where to start? Our trusted underwriter, Christian Credit Counselors, offers a debt management program that can get you out of credit card debt 80% faster while honoring your debt in full. Their faith-based mission will also consider your values and goals as a Christian, too. </li><li>Contact them at <a href="https://ChristianCreditCounselors.org">https://ChristianCreditCounsel...</a> to start getting out of debt now.</li></ul>Next, Rob answers these questions at 800-525-7000 or via email at Questions@MoneyWiseLive.org:<ul><li>If your brother's condo is on the market and has been for 3 weeks and he needs it sold because he's moving soon, should he be concerned or is this too soon for concern?</li><li>If you missed the deadline on the 9.62% I Bond, is it still a good idea to invest for the new 6.89% bond?</li><li>If you're a single female, almost 50 and you're considering getting long term care insurance, what are the reasons to get it and are there any reasons to avoid getting it?</li><li>If you have a mother-in-law that lives with you who is now in hospice care, would it be a good idea to move her funds into a fixed annuity?</li><li>If you had a stock mix of AT&amp;T, Warner Bros, short and long term market mix and you lost about 20% and pulled out to invest in an I Bond, was that a mistake?</li><li>If your husband has an FSA and you've signed up for an HSA, does his having an FSA preclude your participating in the HSA even if you're on separate policies from separate employer plans?</li><li>If you took out a $32,000 HELOC and the monthly payment that was $89 has now grown to $200 per month, should you pull some money from your $700,000 balance in your IRA to fix this?</li><li>If you're interested in purchasing a home for $364,000 and you only have $5,000 to put down for a VA loan with an interest rate of 5.25% and you plan to refinance it sometime later when interest rates go down, is this a good plan?</li><li>If your daughter is 45 and doesn't have a pension or access to a 401(k) at work, would it be a good idea for you to open an annuity for her?</li><li>If you're about to retire soon and you've lost about 20% lately in your retirement account, do you need to leave it in the same plan until it heals or can you roll it out and manage recovery through investment in a new plan?</li><li>If you've secured a line of credit on your primary home and you're adding that to a mortgage for the remainder to buy a new rental property, is this a good idea?</li></ul>Be sure to check out the rest of MoneyWise.org to connect with a MoneyWise Coach or access our books and our many free helpful resources. You can also find us on Facebook (MoneyWise Media) and join the conversation. Thanks for your prayerful and financial support that helps keep MoneyWise on the air. And if you'd like to help, just click the Donate tab at the top of the page.

FaithFi

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MoneyWise Live

With the economy these days and the effect it may have on your finances, it’s easy to fall into the trap of worrying. ﻿We should be concerned about high inflationand the Wall Street rollercoaster but when concern turns to worry, that’s a problem.

God Empowers You to Overcome Worry With Jim Newheiser

FaithFi | Nov 1, 2022

Show Notes

Where Faith Meets Finance

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