1 00:00:03,000 --> 00:00:07,200 S1: This faith and finance live is actually prerecorded, so please 2 00:00:07,200 --> 00:00:08,280 S1: don't call in. 3 00:00:08,520 --> 00:00:13,760 S2: As Christmas Day draws near, we often hear stories of generosity, kindness, 4 00:00:13,760 --> 00:00:16,800 S2: and the spirit of giving. But perhaps no story has 5 00:00:16,800 --> 00:00:21,120 S2: inspired these virtues more than the tale of Saint Nicholas. Hi, 6 00:00:21,160 --> 00:00:23,959 S2: I'm Rob West. Today we'll explore the story of a 7 00:00:23,960 --> 00:00:28,400 S2: man whose life was a testament to selfless love and generosity, 8 00:00:28,600 --> 00:00:32,160 S2: and whose actions echoed the true meaning of Christmas. Then 9 00:00:32,159 --> 00:00:34,480 S2: we have some great calls lined up. But please don't 10 00:00:34,479 --> 00:00:38,280 S2: call in today because we're pre-recorded. This is faith and finance. 11 00:00:38,320 --> 00:00:50,080 S2: Live biblical wisdom for your financial decisions. Nicholas was born 12 00:00:50,080 --> 00:00:55,560 S2: around 280 AD into a wealthy Christian family in Patara, Turkey, 13 00:00:55,600 --> 00:00:58,760 S2: a busy trading hub on the Mediterranean coast. From an 14 00:00:58,760 --> 00:01:01,390 S2: early age, he he was taught to follow the teachings 15 00:01:01,390 --> 00:01:04,830 S2: of Jesus, especially the call to care for the poor 16 00:01:04,830 --> 00:01:09,950 S2: and downtrodden. His parents, devout believers, lived out these values daily, 17 00:01:09,950 --> 00:01:14,550 S2: planting seeds in Nicholas heart that would later bear incredible fruit. 18 00:01:14,709 --> 00:01:18,110 S2: But tragedy struck when Nicholas was still a boy. An 19 00:01:18,110 --> 00:01:21,350 S2: epidemic claimed the lives of his parents, leaving him orphaned 20 00:01:21,350 --> 00:01:25,950 S2: but with a considerable inheritance. In his grief, Nicholas found 21 00:01:25,950 --> 00:01:29,310 S2: solace in his faith. Rather than clinging to his wealth, 22 00:01:29,310 --> 00:01:31,789 S2: he saw it as a means to serve others, a 23 00:01:31,790 --> 00:01:35,869 S2: tool to live out the gospel message of love and generosity. 24 00:01:36,190 --> 00:01:39,630 S2: Nicholas began to use his wealth to quietly help those 25 00:01:39,630 --> 00:01:44,149 S2: in desperate situations. His most famous act of generosity involves 26 00:01:44,150 --> 00:01:47,470 S2: a poor man and his three daughters. In those days, 27 00:01:47,510 --> 00:01:50,670 S2: a dowry, a financial gift, was required for a woman 28 00:01:50,670 --> 00:01:54,110 S2: to marry without one. The daughters faced the grim prospect 29 00:01:54,110 --> 00:01:58,380 S2: of being sold into slavery. The father, though heartbroken, could 30 00:01:58,380 --> 00:02:01,500 S2: do nothing to change their fate. Moved by their plight, 31 00:02:01,540 --> 00:02:04,740 S2: Nicholas decided to intervene. Under the cover of night, he 32 00:02:04,820 --> 00:02:08,380 S2: secretly delivered a bag of gold to the family. When 33 00:02:08,380 --> 00:02:12,740 S2: the father discovered the unexpected gift, his joy was overwhelming. 34 00:02:13,020 --> 00:02:17,220 S2: The eldest daughter's future was secured, but Nicholas didn't stop there. 35 00:02:17,260 --> 00:02:20,260 S2: On two more nights, he returned with gold for the 36 00:02:20,260 --> 00:02:23,899 S2: other daughters, ensuring that each could marry and avoid the 37 00:02:23,900 --> 00:02:29,380 S2: dangers of poverty. Though the father eventually discovered his benefactor's identity, 38 00:02:29,419 --> 00:02:32,660 S2: Nicholas humbly urged him to give thanks to God alone. 39 00:02:32,780 --> 00:02:36,980 S2: This act of secrecy reflects Jesus teaching in Matthew six 40 00:02:36,980 --> 00:02:39,180 S2: when you give to the needy, do not let your 41 00:02:39,220 --> 00:02:42,300 S2: left hand know what your right hand is doing. Nicholas 42 00:02:42,300 --> 00:02:46,180 S2: didn't seek recognition. His only desire was to serve God 43 00:02:46,180 --> 00:02:49,820 S2: and bring hope to others. Later in life, Nicholas became 44 00:02:49,820 --> 00:02:52,780 S2: the Bishop of Myra, a role that allowed him to 45 00:02:52,820 --> 00:02:56,580 S2: further his mission of compassion and justice. As a church leader, 46 00:02:56,580 --> 00:02:59,139 S2: he was known for his deep love for his people. 47 00:02:59,180 --> 00:03:02,380 S2: His unwavering commitment to the poor and his courage in 48 00:03:02,380 --> 00:03:06,580 S2: defending the innocent. He risked imprisonment during the persecution of 49 00:03:06,580 --> 00:03:10,940 S2: Christians under Emperor Diocletian, and later attended the Council of 50 00:03:10,940 --> 00:03:14,540 S2: Nicaea in 325 A.D.. Standing firm for the truth of 51 00:03:14,540 --> 00:03:17,900 S2: the gospel. But what set Nicholas apart was not just 52 00:03:17,900 --> 00:03:21,940 S2: his position or influence. It was his Christ like love. 53 00:03:21,980 --> 00:03:25,500 S2: He lived out the gospel message in every breath, reminding 54 00:03:25,500 --> 00:03:28,860 S2: people that true wealth is found in a personal relationship 55 00:03:28,860 --> 00:03:32,340 S2: with God himself. His acts of kindness pointed others to 56 00:03:32,380 --> 00:03:35,900 S2: the greatest gift of all, Jesus Christ, who came into 57 00:03:35,900 --> 00:03:39,620 S2: the world to save sinners and offer eternal life. After 58 00:03:39,620 --> 00:03:44,660 S2: Nicholas's death on December 6th, 343 A.D., stories of his 59 00:03:44,660 --> 00:03:49,340 S2: generosity continue to spread throughout the centuries. In time, he 60 00:03:49,340 --> 00:03:53,300 S2: became known as the protector of children, the patron of sailors, 61 00:03:53,300 --> 00:03:56,690 S2: and a symbol of selfless giving, his life inspired the 62 00:03:56,690 --> 00:03:59,970 S2: figure of Santa Claus. But behind the red suit and 63 00:03:59,970 --> 00:04:03,250 S2: cheerful laughter lies the legacy of a man who lived 64 00:04:03,250 --> 00:04:07,290 S2: to glorify God. The story of Saint Nicholas challenges us 65 00:04:07,290 --> 00:04:10,810 S2: to reflect on the true meaning of Christmas. His life 66 00:04:10,810 --> 00:04:15,170 S2: wasn't about giving extravagant gifts or earning recognition. It was 67 00:04:15,170 --> 00:04:19,050 S2: about embodying the love of Christ, a love that is sacrificial, 68 00:04:19,089 --> 00:04:23,490 S2: humble and freely given. This Christmas, as we exchange presents 69 00:04:23,490 --> 00:04:27,130 S2: and celebrate with loved ones, let's remember that the greatest 70 00:04:27,130 --> 00:04:31,169 S2: gift has already been given, like Saint Nicholas. We're called 71 00:04:31,170 --> 00:04:34,010 S2: to share that gift with others, whether through acts of 72 00:04:34,010 --> 00:04:38,130 S2: generosity and service or kind words of encouragement. We can 73 00:04:38,130 --> 00:04:40,970 S2: reflect the light of Christ in a world that desperately 74 00:04:40,970 --> 00:04:44,170 S2: needs hope. After all, as Jesus said, it is more 75 00:04:44,170 --> 00:04:48,090 S2: blessed to give than to receive. May the story of 76 00:04:48,089 --> 00:04:53,049 S2: Saint Nicholas inspire us to give generously, love deeply, and 77 00:04:53,050 --> 00:04:57,200 S2: celebrate the true meaning of Christmas. After all, it's not 78 00:04:57,200 --> 00:05:00,320 S2: the gifts we receive, but the love that we share 79 00:05:00,480 --> 00:05:04,400 S2: that makes this season truly special. And folks, as we 80 00:05:04,400 --> 00:05:07,400 S2: approach year end, would you consider a gift to faith? By. 81 00:05:07,440 --> 00:05:10,560 S2: Every gift will be doubled before the end of the year, 82 00:05:10,560 --> 00:05:12,560 S2: and a gift of any amount will ensure that you 83 00:05:12,560 --> 00:05:16,680 S2: receive my new devotional. Our ultimate treasure is our gift 84 00:05:16,680 --> 00:05:20,560 S2: to you. Just go to faith. Com give just a 85 00:05:20,560 --> 00:05:23,279 S2: quick reminder we're not here today so don't call in. 86 00:05:23,279 --> 00:05:25,080 S2: But we're going to head to a break and much 87 00:05:25,080 --> 00:05:35,200 S2: more coming just after this. Stay with us. I'm so 88 00:05:35,200 --> 00:05:37,920 S2: thankful you're joining us today on Faith and Finance Live 89 00:05:37,920 --> 00:05:40,600 S2: I'm Rob West. Hey, just a quick reminder. Our team 90 00:05:40,600 --> 00:05:43,359 S2: is away from the studio today, so don't call in. 91 00:05:43,360 --> 00:05:45,560 S2: But in just a few moments, we're going to get 92 00:05:45,560 --> 00:05:48,080 S2: to some questions that we lined up in advance that 93 00:05:48,080 --> 00:05:51,240 S2: I know you'll find very interesting, but let me take 94 00:05:51,240 --> 00:05:54,270 S2: a moment just to invite you first to be a 95 00:05:54,270 --> 00:05:56,990 S2: supporter of this ministry here at Faith VI. You know, 96 00:05:57,029 --> 00:05:59,710 S2: we bring you this broadcast every day as a listener 97 00:05:59,710 --> 00:06:04,549 S2: supported ministry only because of your generous support. So maybe 98 00:06:04,550 --> 00:06:08,190 S2: you listen regularly. Perhaps you count on this program. Maybe 99 00:06:08,190 --> 00:06:10,390 S2: you've been able to apply some of the wisdom from 100 00:06:10,390 --> 00:06:13,830 S2: God's Word that you've heard in your financial life, or 101 00:06:13,950 --> 00:06:17,190 S2: it's just helped you to be that wise and faithful steward, 102 00:06:17,190 --> 00:06:19,710 S2: and you'd like to be a part of our team. Well, 103 00:06:19,710 --> 00:06:22,230 S2: one way you can do that is by investing in 104 00:06:22,230 --> 00:06:24,950 S2: this work through a one time gift, or even by 105 00:06:24,950 --> 00:06:28,270 S2: becoming a Faith VI partner. I just invite you to 106 00:06:28,310 --> 00:06:31,150 S2: join us on this journey. When you head to Faith 107 00:06:31,150 --> 00:06:33,990 S2: fi com and click give. A gift of any amount 108 00:06:34,029 --> 00:06:37,469 S2: would be a big help. Again, that's faith and just 109 00:06:37,470 --> 00:06:40,190 S2: click give and let me say thank you in advance. 110 00:06:40,230 --> 00:06:43,950 S2: Your gift will make a huge difference. All right. Let's 111 00:06:43,950 --> 00:06:46,589 S2: get to our calls today that we've lined up for you. 112 00:06:46,750 --> 00:06:49,550 S2: Let's head to Texas. Mike, you'll be first up. Go ahead. 113 00:06:50,110 --> 00:06:54,750 S3: Uh. Thank you. My wife and I were both over 65. 114 00:06:55,029 --> 00:07:01,070 S3: We've got a financial planner on our team, CPA. Uh, 115 00:07:01,310 --> 00:07:03,870 S3: we also have an attorney. The will, it seems like 116 00:07:03,870 --> 00:07:06,710 S3: to me we got things in place, but my wife 117 00:07:06,710 --> 00:07:10,190 S3: doesn't feel that great about it. Um, what she's really 118 00:07:10,190 --> 00:07:14,150 S3: looking for, and frankly, this would be great. Is a 119 00:07:14,150 --> 00:07:18,030 S3: quarterback on the team. Um, this guy that we have, 120 00:07:18,030 --> 00:07:22,150 S3: a certified financial planner, we kind of pictured him being that. Yeah, he. 121 00:07:22,190 --> 00:07:26,270 S3: There's so many initials after these guys. Yeah. He had 122 00:07:26,270 --> 00:07:32,590 S3: the CMA designation, which is five investment management analyst. Yeah. 123 00:07:32,990 --> 00:07:36,270 S3: Are we shooting too high. I mean she she's concerned 124 00:07:36,310 --> 00:07:39,070 S3: like I mean, I'm, I'm older than her and stuff. 125 00:07:39,070 --> 00:07:41,990 S3: So the natural assumption okay, I want hey, I can't 126 00:07:41,990 --> 00:07:43,830 S3: just talk to you or whatever. I want to be 127 00:07:43,870 --> 00:07:46,350 S3: able to talk to one person that can help me. 128 00:07:46,350 --> 00:07:49,980 S3: Knows enough about everything. And I said, I've been listening 129 00:07:50,020 --> 00:07:53,460 S3: to your show for a while now. Heard about these, uh, 130 00:07:53,500 --> 00:07:56,460 S3: you know, Kingdom advisors, etc. am I shooting too high 131 00:07:56,540 --> 00:08:00,060 S3: to expect a certified financial planner to even even to 132 00:08:00,100 --> 00:08:03,460 S3: the point of budgeting, to just be able to kind 133 00:08:03,500 --> 00:08:05,540 S3: of handle all that? Or who would that be? 134 00:08:05,580 --> 00:08:08,100 S2: Yeah, it's a great question, and I don't think you're 135 00:08:08,100 --> 00:08:10,060 S2: shooting too high. In fact, I think that's a pretty 136 00:08:10,060 --> 00:08:15,100 S2: critical role. And typically you're right that CFP is often 137 00:08:15,100 --> 00:08:18,340 S2: that quarterback. Not always. You know, what you would want 138 00:08:18,340 --> 00:08:21,420 S2: in that quarterback is somebody, first of all, who's a fiduciary. 139 00:08:21,420 --> 00:08:24,940 S2: That's a a legal term. They're legally required to act 140 00:08:24,940 --> 00:08:29,140 S2: in your best interest, put their your interest above their own. Second, 141 00:08:29,180 --> 00:08:31,980 S2: you know, they would typically be experienced with retirement income 142 00:08:31,980 --> 00:08:35,979 S2: planning in this season of life really skilled at team communication. 143 00:08:35,980 --> 00:08:39,500 S2: So they would be the that quarterback communicating with the 144 00:08:39,500 --> 00:08:43,820 S2: other professionals often on your behalf. Um, you know hopefully 145 00:08:43,820 --> 00:08:46,860 S2: helping you make decisions aligned with your values and priorities. 146 00:08:46,860 --> 00:08:50,930 S2: Understanding counsel of of Scripture. Uh, but really be that 147 00:08:50,970 --> 00:08:53,570 S2: kind of go to person now doesn't mean you wouldn't 148 00:08:53,570 --> 00:08:56,010 S2: meet with the CPA to do tax planning or, you know, 149 00:08:56,050 --> 00:08:59,330 S2: meet with the wealth manager if that's a different person. Um, 150 00:08:59,450 --> 00:09:02,090 S2: or the, you know, the the attorney, of course, with 151 00:09:02,090 --> 00:09:05,450 S2: estate planning, but they're probably your first call and they're 152 00:09:05,450 --> 00:09:09,010 S2: somebody you're meeting with more regularly because they're looking over 153 00:09:09,010 --> 00:09:12,490 S2: your whole financial picture. Uh, now that would typically be 154 00:09:12,490 --> 00:09:15,970 S2: the CFP, the certified financial planner. Uh, but again, not 155 00:09:15,970 --> 00:09:19,130 S2: all of them, you know, do that or that might 156 00:09:19,130 --> 00:09:21,810 S2: not be their their best skill set. They might be 157 00:09:21,809 --> 00:09:25,210 S2: really good at creating comprehensive plans. But in terms of 158 00:09:25,210 --> 00:09:29,170 S2: being that most trusted advisor, that quarterback, the person you have, 159 00:09:29,210 --> 00:09:32,410 S2: if if that hasn't emerged as a skill set that 160 00:09:32,410 --> 00:09:35,250 S2: may not fit with his or her unique gifting. And 161 00:09:35,250 --> 00:09:37,930 S2: so perhaps that's what you need to look for as 162 00:09:37,929 --> 00:09:40,970 S2: a replacement. Let me ask, though, is the CFP that 163 00:09:40,970 --> 00:09:43,370 S2: you referenced and the CMA is that the same person 164 00:09:43,370 --> 00:09:45,010 S2: or is that two different professionals? 165 00:09:45,490 --> 00:09:46,650 S3: It's the same person. 166 00:09:46,720 --> 00:09:50,880 S2: Okay. Yeah. And is that person also managing your investments, 167 00:09:50,880 --> 00:09:52,560 S2: making the buy and sell decisions? 168 00:09:52,880 --> 00:09:56,120 S3: Not all of them, but most of them. And he 169 00:09:56,120 --> 00:10:00,640 S3: is he's focused on that basically. That's frustrating. I guess 170 00:10:00,679 --> 00:10:03,320 S3: both of us a little bit because we start talking 171 00:10:03,320 --> 00:10:06,120 S3: about other areas. And he seems to kind of like 172 00:10:06,520 --> 00:10:10,000 S3: point over here and I don't have the confidence he's 173 00:10:10,000 --> 00:10:13,079 S3: really knowing. Yeah, yeah, I'm not expecting to be specialist 174 00:10:13,120 --> 00:10:14,360 S3: on it. But yeah. You know. 175 00:10:14,400 --> 00:10:17,360 S2: Oh well it sounds like Mike, he's more of what 176 00:10:17,360 --> 00:10:20,520 S2: we would call an investment advisor or a wealth manager 177 00:10:20,840 --> 00:10:25,160 S2: than a financial planner, most trusted advisor or quarterback that 178 00:10:25,160 --> 00:10:28,160 S2: you're looking for. So it sounds like his expertise, which 179 00:10:28,160 --> 00:10:31,880 S2: would be consistent with the CMA designation, is really about 180 00:10:31,880 --> 00:10:37,040 S2: building portfolios and managing money and helping make or making 181 00:10:37,040 --> 00:10:39,520 S2: on your behalf as you've delegated to him the buy 182 00:10:39,520 --> 00:10:43,319 S2: and sell decisions for your investments. And he's gotten the CFP, 183 00:10:43,360 --> 00:10:47,430 S2: which gives him a base of knowledge around comprehensive financial planning, 184 00:10:47,429 --> 00:10:50,430 S2: but he's not really acting like a financial planner. He's 185 00:10:50,470 --> 00:10:53,270 S2: acting more like an investment professional, and it just is 186 00:10:53,270 --> 00:10:55,550 S2: what it is. So I think what I would do 187 00:10:55,590 --> 00:10:57,510 S2: as a next step, just given the desire that you 188 00:10:57,510 --> 00:11:00,309 S2: and your wife have for that most trusted advisor is 189 00:11:00,309 --> 00:11:03,630 S2: begin interviewing other advisors. Now, what you may find is 190 00:11:03,630 --> 00:11:06,750 S2: you find that quarterback that you know would get paid 191 00:11:06,750 --> 00:11:10,070 S2: on maybe an annual basis to update your plan and 192 00:11:10,110 --> 00:11:12,830 S2: meet with you all and be that person, that person 193 00:11:12,830 --> 00:11:15,030 S2: that you find that's willing to serve and skilled in 194 00:11:15,030 --> 00:11:17,910 S2: serving as the quarterback may also be able to manage 195 00:11:17,910 --> 00:11:20,070 S2: the money. And then you'd have to decide, you know, 196 00:11:20,110 --> 00:11:22,110 S2: do I want to move the assets over to this 197 00:11:22,110 --> 00:11:25,189 S2: new person? Because often they get paid based on the 198 00:11:25,190 --> 00:11:28,030 S2: assets under management. But if you left the money that's 199 00:11:28,030 --> 00:11:32,750 S2: being managed with the current CFP, then you're going to 200 00:11:32,750 --> 00:11:37,550 S2: have to pay that quarterback on probably an annual retainer, uh, 201 00:11:37,550 --> 00:11:40,590 S2: you know, for the planning and serving in that other capacity, 202 00:11:40,590 --> 00:11:43,030 S2: which would likely be worth it, giving you all the 203 00:11:43,030 --> 00:11:45,670 S2: peace of mind and that go to person who can 204 00:11:45,670 --> 00:11:48,310 S2: really serve in that quarterback role, but it's going to 205 00:11:48,309 --> 00:11:50,910 S2: be an added expense unless you find somebody who can 206 00:11:50,910 --> 00:11:53,150 S2: also manage the money. Does that make sense? 207 00:11:54,670 --> 00:11:58,510 S3: Yeah it does. You know, you mentioned fiduciary. I've heard 208 00:11:58,510 --> 00:12:00,550 S3: that term before, but I don't know if I really 209 00:12:00,550 --> 00:12:04,790 S3: understand it. Okay. If I understand what a certified financial planner, 210 00:12:04,830 --> 00:12:09,070 S3: in my mind there's some relevance. But a fiduciary, I 211 00:12:09,070 --> 00:12:12,710 S3: don't see people necessarily walking around saying, hey, I'm a fiduciary. 212 00:12:12,750 --> 00:12:13,710 S3: How do I these. 213 00:12:13,870 --> 00:12:16,429 S2: Yeah, I mean, you would just simply ask that question, 214 00:12:16,429 --> 00:12:20,110 S2: but it essentially is a legal term. They're legally required 215 00:12:20,110 --> 00:12:23,270 S2: to act in your best interest. And so you can 216 00:12:23,270 --> 00:12:27,750 S2: trust that their advice will put you first every time. Um, 217 00:12:27,910 --> 00:12:30,429 S2: you know, so when a fiduciary makes a recommendation of 218 00:12:30,429 --> 00:12:33,950 S2: any kind, the standard is is this the very best 219 00:12:33,950 --> 00:12:37,590 S2: thing for the client? Not what product pays me the most. 220 00:12:37,630 --> 00:12:40,949 S2: What's the easiest to sell? So they have to avoid 221 00:12:40,950 --> 00:12:44,300 S2: conflicts of interest. They have to be transparent about fees. 222 00:12:44,780 --> 00:12:47,220 S2: They have to disclose how they're compensated. They have to 223 00:12:47,220 --> 00:12:51,740 S2: give advice based solely on your goals and situation. Whereas 224 00:12:51,740 --> 00:12:56,900 S2: some financial professionals follow what's called a suitability standard, meaning 225 00:12:56,900 --> 00:13:00,900 S2: the advice only has to be good enough. Not necessarily 226 00:13:00,900 --> 00:13:03,579 S2: the best. And so I would just simply ask, as 227 00:13:03,580 --> 00:13:06,939 S2: a part of this interview process, are you a fiduciary? 228 00:13:07,059 --> 00:13:08,900 S2: And as soon as you use that word that's going 229 00:13:08,940 --> 00:13:12,020 S2: to trigger in their mind, they either are or they're not. 230 00:13:12,300 --> 00:13:16,220 S2: And that's a legal term. And if not, they would 231 00:13:16,220 --> 00:13:18,780 S2: then only have to meet that suitability standard. And I 232 00:13:18,780 --> 00:13:22,220 S2: think someone who you would see to be that quarterback 233 00:13:22,340 --> 00:13:24,700 S2: really you want that fiduciary role. 234 00:13:25,500 --> 00:13:29,980 S3: Okay. So if I was just looking I mean do 235 00:13:29,980 --> 00:13:34,220 S3: they list that they're a fiduciary. Usually I mean typically yeah. 236 00:13:34,260 --> 00:13:37,060 S2: In the fine print you know often they don't lead 237 00:13:37,059 --> 00:13:39,660 S2: with that to your point. They would lead with their designations. 238 00:13:39,700 --> 00:13:42,329 S2: You know I'm a CFP or I'm a sikayet. They 239 00:13:42,330 --> 00:13:44,530 S2: don't lead with I'm a fiduciary. And so you would 240 00:13:44,530 --> 00:13:45,929 S2: just need to ask that as a part of the 241 00:13:45,929 --> 00:13:48,330 S2: interview process. What I will say is most of the 242 00:13:48,330 --> 00:13:51,530 S2: advisors you would be talking to, especially if you're talking 243 00:13:51,530 --> 00:13:53,770 S2: to a CPA, are going to be that you'd want 244 00:13:53,809 --> 00:13:58,370 S2: to confirm it. But but the vast majority will be okay. 245 00:13:58,410 --> 00:14:01,089 S3: Would banks be able to help me with this? The 246 00:14:01,090 --> 00:14:02,330 S3: finance people are. 247 00:14:02,370 --> 00:14:05,330 S2: Potentially I mean I would go to I mean my 248 00:14:05,330 --> 00:14:08,490 S2: recommendation would be to go to find a com and 249 00:14:08,490 --> 00:14:11,849 S2: just see who the Certified Kingdom advisors are in your area. 250 00:14:11,890 --> 00:14:15,090 S2: I'd start there. The challenge with the banks are, you know, 251 00:14:15,130 --> 00:14:18,250 S2: often they're just kind of they have a limited universe 252 00:14:18,250 --> 00:14:22,450 S2: of investments. And typically the they're just you know, I 253 00:14:22,450 --> 00:14:24,650 S2: find that in terms of that quarterback role, they're not 254 00:14:24,650 --> 00:14:26,650 S2: the best person. Stay on the line. We'll talk a 255 00:14:26,650 --> 00:14:28,730 S2: bit more off the air. Lynn coming your way as well. 256 00:14:35,690 --> 00:14:37,970 S2: I'm so glad you're joining us today on Faith and 257 00:14:37,970 --> 00:14:42,280 S2: Finance Live. Just a quick reminder. We're away from the studio. 258 00:14:42,320 --> 00:14:45,240 S2: Let me also remind you that the advice I give 259 00:14:45,240 --> 00:14:49,680 S2: on this broadcast is not intended to be a specific recommendation. 260 00:14:49,720 --> 00:14:53,880 S2: These are general principles and guidelines, but always seek professional 261 00:14:53,880 --> 00:14:58,040 S2: financial advice that is appropriate for your situation. Before we 262 00:14:58,040 --> 00:15:00,240 S2: head to the phones, what a great opportunity for me 263 00:15:00,240 --> 00:15:03,080 S2: to remind you to check out the Faith V website 264 00:15:03,080 --> 00:15:06,600 S2: at Faith com. You can find great resources. You can 265 00:15:06,600 --> 00:15:09,680 S2: check out and download the Faith V app. You can 266 00:15:09,680 --> 00:15:12,600 S2: also jump into our Faith V community. That's where you 267 00:15:12,600 --> 00:15:16,280 S2: can ask questions, get answers, perhaps help somebody else on 268 00:15:16,320 --> 00:15:19,880 S2: their financial journey as well as a steward. It's all 269 00:15:19,880 --> 00:15:23,080 S2: there when you create a free account at Faith comm. 270 00:15:23,320 --> 00:15:25,600 S2: All right, back to the phones. We go. Uh, Lynn 271 00:15:25,600 --> 00:15:27,600 S2: is in Arkansas, and, Lynn, I understand you've got a 272 00:15:27,600 --> 00:15:29,840 S2: voicemail you just got from a debt collector. How can 273 00:15:29,840 --> 00:15:30,680 S2: I help you with that? 274 00:15:31,200 --> 00:15:34,680 S4: So I pay off my credit card every month at 275 00:15:34,680 --> 00:15:38,720 S4: the end of the month, and I don't have anything 276 00:15:38,720 --> 00:15:42,240 S4: that a debt collector would be after. And so I 277 00:15:42,240 --> 00:15:44,240 S4: didn't want to click on it because I don't know 278 00:15:44,240 --> 00:15:45,760 S4: if it's some kind of scam. 279 00:15:45,960 --> 00:15:48,800 S2: Yeah. Well, first of all, let me say you're smart 280 00:15:48,800 --> 00:15:52,440 S2: to be cautious, Lynn. There are a lot of scams 281 00:15:52,440 --> 00:15:56,920 S2: pretending to be debt collectors, and even legitimate collectors sometimes 282 00:15:56,920 --> 00:15:59,040 S2: call the wrong person. So there's one of two things 283 00:15:59,040 --> 00:16:02,880 S2: going on here. Either one, this is truly a scam. Uh, 284 00:16:02,960 --> 00:16:07,040 S2: and number two, this is a legitimate debt, but they've 285 00:16:07,040 --> 00:16:10,240 S2: got the wrong person or the wrong phone number. There's 286 00:16:10,280 --> 00:16:14,600 S2: one particular person that I maybe had my cell phone 287 00:16:14,600 --> 00:16:16,960 S2: number in the past. I won't mention his name, but 288 00:16:16,960 --> 00:16:18,960 S2: it's always the same name. I hear from the debt 289 00:16:18,960 --> 00:16:23,880 S2: collectors that the debt collectors call me looking for this individual, 290 00:16:23,880 --> 00:16:25,920 S2: and they they name him every time. In fact, sometimes 291 00:16:25,920 --> 00:16:28,440 S2: when they call, say you're on a recorded line to 292 00:16:28,480 --> 00:16:31,800 S2: collect a debt, I say, are you looking for? And 293 00:16:31,800 --> 00:16:34,480 S2: I say his name. And they say, yeah, how'd you know? 294 00:16:34,800 --> 00:16:38,030 S2: And I say, that's not me. And so it could 295 00:16:38,030 --> 00:16:40,390 S2: be one of those situations where they've just got the 296 00:16:40,390 --> 00:16:42,990 S2: wrong number. So what I would do is, first of all, 297 00:16:43,150 --> 00:16:46,830 S2: don't ever give anybody any information over the phone. If 298 00:16:46,830 --> 00:16:48,910 S2: it's a scam and it may be they're going to 299 00:16:48,910 --> 00:16:51,710 S2: try to get you to give your Social Security number, 300 00:16:51,750 --> 00:16:56,150 S2: your bank details, your address or your personal information. If 301 00:16:56,150 --> 00:16:58,590 S2: there's a voicemail, ignore it. If you get them on 302 00:16:58,590 --> 00:17:01,190 S2: the phone, just say I don't confirm anything over the phone. 303 00:17:01,190 --> 00:17:04,590 S2: Please send me a written notice. And a legitimate collector 304 00:17:04,590 --> 00:17:09,630 S2: must send written validations a letter within five days. Scammers 305 00:17:09,630 --> 00:17:13,830 S2: can't do that. Okay. Um, now, a red flag that 306 00:17:13,830 --> 00:17:17,990 S2: it's a scam is they ask for personal info immediately. Uh, 307 00:17:18,070 --> 00:17:21,909 S2: they threaten arrest or legal action. They demand payment by 308 00:17:21,950 --> 00:17:25,190 S2: gift cards or wire transfer. If you hear those terms, 309 00:17:25,190 --> 00:17:27,870 S2: you know it's a scam. They refuse to give their 310 00:17:27,869 --> 00:17:30,109 S2: name or their company or their mailing address. Any of 311 00:17:30,109 --> 00:17:33,990 S2: those immediately hang up. If it's truly not your debt. 312 00:17:33,990 --> 00:17:37,780 S2: But it's becoming annoying because kind of like my situation. 313 00:17:37,780 --> 00:17:40,460 S2: There's somebody out there that has a debt that they owe, 314 00:17:40,700 --> 00:17:43,500 S2: and somehow your phone number has gotten attached to it. 315 00:17:43,660 --> 00:17:46,780 S2: You could tell them to stop contacting you and send 316 00:17:46,780 --> 00:17:51,740 S2: them a written communication letter by certified mail. You could 317 00:17:51,740 --> 00:17:54,140 S2: dispute the debt in writing. If you get a letter, 318 00:17:54,180 --> 00:17:56,780 S2: say this is not my debt, don't contact me again 319 00:17:56,780 --> 00:18:00,659 S2: except to provide proof. And once they see that, according 320 00:18:00,700 --> 00:18:03,500 S2: to the Fair Debt Collection Practices Act, they have to 321 00:18:03,540 --> 00:18:07,939 S2: stop calling unless they have real documentation. And then, you know, 322 00:18:07,980 --> 00:18:10,260 S2: the other thing you could do, just given this call 323 00:18:10,260 --> 00:18:12,619 S2: you've gotten is, is go ahead and pull your credit 324 00:18:12,619 --> 00:18:15,260 S2: reports just to make sure there's not anything on there 325 00:18:15,380 --> 00:18:18,100 S2: that you don't recognize. And you would want to do 326 00:18:18,100 --> 00:18:24,540 S2: that at annualcreditreport.com. Annualcreditreport.com for free. You can get each 327 00:18:24,540 --> 00:18:27,300 S2: of the three credit reports, and I would just use 328 00:18:27,300 --> 00:18:30,100 S2: this as an opportunity to review those and make sure 329 00:18:30,100 --> 00:18:33,300 S2: there's not any erroneous information. And then you may want 330 00:18:33,300 --> 00:18:36,210 S2: to go ahead. And just as a safety precaution, and 331 00:18:36,250 --> 00:18:39,130 S2: freeze your credit with each of those bureaus. It's free. 332 00:18:39,530 --> 00:18:41,890 S2: It will allow you to put a Pin number on it. 333 00:18:41,890 --> 00:18:44,729 S2: And if somebody tried to fraudulently open a take out 334 00:18:44,730 --> 00:18:47,290 S2: a loan in your name when the when the company 335 00:18:47,290 --> 00:18:49,369 S2: tried to pull your credit, they wouldn't be able to 336 00:18:49,410 --> 00:18:53,570 S2: because they wouldn't have the Pin number. Um, so hopefully 337 00:18:53,570 --> 00:18:56,490 S2: that helps you. Is that is that helpful to you? 338 00:18:57,690 --> 00:18:59,490 S4: Yeah, that's very helpful. 339 00:18:59,930 --> 00:19:03,330 S2: Okay, good. Well, I know this is frustrating, but I'd 340 00:19:03,330 --> 00:19:07,050 S2: probably start by just ignoring it. And if they ever 341 00:19:07,090 --> 00:19:09,770 S2: get you on the phone, follow the things that I said. 342 00:19:09,770 --> 00:19:11,930 S2: Don't ever give out any information. Tell them it's not 343 00:19:11,930 --> 00:19:15,050 S2: your debt. And to cease communication and just contact you 344 00:19:15,050 --> 00:19:18,209 S2: through the mail. And if it becomes annoying because it 345 00:19:18,210 --> 00:19:20,250 S2: keeps happening, that's where you may want to try to 346 00:19:20,250 --> 00:19:23,010 S2: go ahead and get them on the phone. You know, 347 00:19:23,050 --> 00:19:26,130 S2: in that case, it's probably not a scam. It's just 348 00:19:26,130 --> 00:19:28,210 S2: they've got the wrong person and that's where you'd want 349 00:19:28,250 --> 00:19:31,370 S2: to contact them in writing and tell them, stop calling 350 00:19:31,369 --> 00:19:34,810 S2: me and um, and tell them it's not you, so 351 00:19:34,810 --> 00:19:37,570 S2: hopefully that helps. Lynn. Lord bless you. Hang in there. 352 00:19:37,570 --> 00:19:39,690 S2: And if I can help further, give us a call 353 00:19:39,730 --> 00:19:44,250 S2: 800 525 7000. Uh, to Texas again. Marci. Go ahead. 354 00:19:46,130 --> 00:19:48,929 S5: Uh, yes. Uh, I know there's some people that still 355 00:19:48,930 --> 00:19:52,970 S5: follow the standard deduction because, uh, it's gotten a lot 356 00:19:53,010 --> 00:19:57,570 S5: higher and we don't anymore. However, I have heard that 357 00:19:57,609 --> 00:20:01,890 S5: in this, uh, coming filing tax season that you are 358 00:20:01,930 --> 00:20:09,090 S5: able to deduct your donations for charitable contributions and in 359 00:20:09,130 --> 00:20:14,410 S5: addition to the standard deduction and, um, that that is 360 00:20:14,410 --> 00:20:16,090 S5: what I have heard. And I thought that would be 361 00:20:16,090 --> 00:20:19,370 S5: encouraging to people who want to donate to you and 362 00:20:19,369 --> 00:20:25,050 S5: to other, um, agencies that are nonprofitable, and they would 363 00:20:25,450 --> 00:20:28,250 S5: be able to deduct that deduction off of their income 364 00:20:28,290 --> 00:20:31,090 S5: tax in addition to the standard deduction. 365 00:20:31,359 --> 00:20:35,720 S2: Yes, I love that. Uh, you're exactly right. So, you know, 366 00:20:35,760 --> 00:20:39,439 S2: coming in 2026, for people who don't itemize their deductions, 367 00:20:39,440 --> 00:20:43,399 S2: you'll be able to donate, uh, up to $1,000 or 368 00:20:43,400 --> 00:20:47,200 S2: 2000 if you're married and still get that tax break. Um, 369 00:20:47,280 --> 00:20:50,000 S2: and so, you know, there is an opportunity. You're right 370 00:20:50,040 --> 00:20:54,960 S2: beyond the standard deduction, which 80 to 90% of tax filers, uh, 371 00:20:55,080 --> 00:20:58,840 S2: you know, take the standard deduction. Um, and so that's 372 00:20:58,840 --> 00:21:02,119 S2: a great opportunity. I love your generous heart, Marcy, and 373 00:21:02,119 --> 00:21:05,800 S2: I love you encouraging generosity. So thanks for mentioning that 374 00:21:05,800 --> 00:21:07,800 S2: on the program today. We appreciate it. 375 00:21:08,240 --> 00:21:09,480 S5: Yes, sir. Thank you. 376 00:21:09,600 --> 00:21:12,320 S2: Alright. God bless you. Yeah. Before we head to our break, 377 00:21:12,359 --> 00:21:15,640 S2: you know, as I read scripture, I see this big 378 00:21:15,640 --> 00:21:19,760 S2: idea jumping off the page around contentment. You know, I 379 00:21:19,760 --> 00:21:23,320 S2: think as we consider our role as stewards of God's money, 380 00:21:23,359 --> 00:21:26,639 S2: we need to foster this attitude that the apostle Paul 381 00:21:26,640 --> 00:21:29,800 S2: talked about and that is contentment. Remember, he said that 382 00:21:29,869 --> 00:21:32,990 S2: it's learned. I've learned to be content. He was in 383 00:21:32,990 --> 00:21:34,950 S2: a time of plenty and in a time of need, 384 00:21:34,950 --> 00:21:37,830 S2: and he learned to be content in either of those. 385 00:21:37,830 --> 00:21:42,030 S2: Contentment is a choice. And when we increase our contentment, well, 386 00:21:42,070 --> 00:21:44,830 S2: then we can focus on what God has given us 387 00:21:44,830 --> 00:21:47,230 S2: and not on what he's given others. I hope that's 388 00:21:47,230 --> 00:21:50,350 S2: an encouragement to you today. Again, we're not here today. 389 00:21:50,350 --> 00:21:52,669 S2: We're away from the studio, so don't call in. But 390 00:21:52,670 --> 00:21:56,030 S2: just around the corner. We have some more questions to tackle. 391 00:21:56,030 --> 00:21:57,790 S2: I know you're going to enjoy the calls we have 392 00:21:57,790 --> 00:21:59,870 S2: coming up, so stay with us. We'll be right back. 393 00:22:04,790 --> 00:22:06,510 S2: I'm so glad to have you with us today on 394 00:22:06,510 --> 00:22:10,750 S2: Faith and finance live here on Moody Radio. I'm Rob West. Hey, 395 00:22:10,790 --> 00:22:13,270 S2: our team is away from the studio today, so don't 396 00:22:13,270 --> 00:22:17,190 S2: call in. We did line up though. Some great questions 397 00:22:17,190 --> 00:22:20,790 S2: and we'll get to those just around the corner. Uh, but, 398 00:22:20,830 --> 00:22:23,869 S2: you know, here at Moody Radio, everything is about, first 399 00:22:23,869 --> 00:22:27,030 S2: of all, the gospel. And then beyond that, helping you 400 00:22:27,030 --> 00:22:31,859 S2: live as wise stewards, engaging the culture, living out a 401 00:22:31,859 --> 00:22:35,340 S2: biblical worldview in every facet of your lives, whether it's 402 00:22:35,340 --> 00:22:38,699 S2: your walk with Jesus personally in your marriage, as you 403 00:22:38,700 --> 00:22:41,780 S2: raise your children, and yes, as you manage God's money. 404 00:22:41,780 --> 00:22:43,700 S2: And that's our heart on this program, each day is 405 00:22:43,700 --> 00:22:46,940 S2: just to walk alongside you in that journey. We know 406 00:22:46,940 --> 00:22:48,940 S2: it's a high calling from the Lord, and we want 407 00:22:48,980 --> 00:22:51,900 S2: to help you be found faithful. Alright, let's head back 408 00:22:51,900 --> 00:22:54,980 S2: to the phones. Let's go to Florida today. Hi, Charlotte. 409 00:22:54,980 --> 00:22:55,859 S2: How can I help you? 410 00:22:56,180 --> 00:22:59,980 S6: Yes, sir. And thank you for having me on the line. Uh, well, 411 00:22:59,980 --> 00:23:02,180 S6: I must say that it has been a long journey 412 00:23:02,180 --> 00:23:08,300 S6: of repayment of a student loan that I have. And 413 00:23:08,660 --> 00:23:12,379 S6: I could say that this student loan stems all the 414 00:23:12,380 --> 00:23:18,060 S6: way back to 1992, when I actually, um, had the 415 00:23:18,060 --> 00:23:23,780 S6: loan consolidated into. I'm not quite sure whether it's a 416 00:23:24,940 --> 00:23:29,770 S6: federal like an FFA. Felt. And then there were some others. 417 00:23:29,810 --> 00:23:34,290 S6: It kind of consolidated three of them at the time, 418 00:23:34,290 --> 00:23:37,969 S6: and I had Sallie Mae as my lender, and I 419 00:23:37,970 --> 00:23:42,810 S6: had navient, and now I have Mohela. At this time, 420 00:23:42,810 --> 00:23:50,330 S6: the balance is 36,000 and interest accrues daily at 9%. 421 00:23:50,330 --> 00:23:54,090 S6: So you can see my dilemma. I'm just really feeling 422 00:23:54,090 --> 00:23:58,290 S6: like I'm walking in place and making payments on this. 423 00:23:59,650 --> 00:24:00,130 S3: Yeah. 424 00:24:01,050 --> 00:24:03,810 S6: My question at this time I'm trying to look at 425 00:24:03,810 --> 00:24:07,969 S6: different avenues. At one point I tried making like a 426 00:24:08,010 --> 00:24:12,810 S6: half a payment one two weeks or like by by 427 00:24:12,850 --> 00:24:17,170 S6: monthly payments. And that seemed to work a little bit, 428 00:24:17,570 --> 00:24:20,050 S6: but I wasn't quite sure. 429 00:24:20,330 --> 00:24:24,170 S2: Yeah. Well, I like that strategy, Charlotte, because anything you 430 00:24:24,170 --> 00:24:26,490 S2: can do to get more money going to principal is 431 00:24:26,490 --> 00:24:29,410 S2: going to be key. I mean, the challenge is, yeah, 432 00:24:29,450 --> 00:24:32,729 S2: rates are high right now. Uh, 9% on a student 433 00:24:32,730 --> 00:24:36,490 S2: loan is, uh, on the higher end. And, you know, 434 00:24:36,570 --> 00:24:39,130 S2: over decades, most of the payment goes to interest, which 435 00:24:39,130 --> 00:24:42,690 S2: is why the balance hasn't dropped much. Uh, you know, 436 00:24:42,730 --> 00:24:45,530 S2: you could look at a private refinance. If you have 437 00:24:45,530 --> 00:24:48,330 S2: good credit, you could, you know, get down in the 438 00:24:48,330 --> 00:24:51,970 S2: 5 to 7% range. That could save you money in 439 00:24:51,970 --> 00:24:55,290 S2: interest and get you a faster payoff. The challenge is, 440 00:24:55,609 --> 00:24:57,890 S2: if it is a federal loan, you would lose those 441 00:24:57,890 --> 00:25:02,250 S2: federal protections like the income driven repayment. Uh, that would 442 00:25:02,250 --> 00:25:05,929 S2: be the most notable one. And then flexible deferment. Uh, 443 00:25:05,930 --> 00:25:09,810 S2: you can't refinance within the federal system. All you can 444 00:25:09,810 --> 00:25:13,010 S2: do is consolidate, but that doesn't affect your rate. It 445 00:25:13,010 --> 00:25:17,770 S2: just averages the rate. Um, so if it's already private, 446 00:25:17,770 --> 00:25:21,370 S2: you could shop for a lower rate refi, and that 447 00:25:21,369 --> 00:25:25,080 S2: could definitely help. Um, and then if you are in 448 00:25:25,080 --> 00:25:27,920 S2: the federal loan program, I would just look for, as 449 00:25:27,920 --> 00:25:32,240 S2: you have been, you know, an opportunity for you to, uh, 450 00:25:32,240 --> 00:25:34,920 S2: you just apply as much as you can to extra 451 00:25:34,920 --> 00:25:37,520 S2: principal along the way, similar to what you were doing 452 00:25:37,720 --> 00:25:40,800 S2: with that, uh, biweekly plan where you're paying a half 453 00:25:40,800 --> 00:25:43,840 S2: a payment every two weeks, which gives you one extra 454 00:25:43,840 --> 00:25:45,560 S2: full payment a year. And that's the kind of thing 455 00:25:45,560 --> 00:25:47,760 S2: that's going to help you get this paid off once 456 00:25:47,760 --> 00:25:49,320 S2: and for all. Does that make sense? 457 00:25:50,119 --> 00:25:54,800 S6: It does. Not quite sure. In terms of, it appears 458 00:25:54,800 --> 00:25:58,400 S6: that because it is a student loan, um, I'm not 459 00:25:58,800 --> 00:26:06,120 S6: able to go ahead and possibly gain money from actually, uh, 460 00:26:06,119 --> 00:26:09,600 S6: mortgage maybe to refi just to pay it off and 461 00:26:09,600 --> 00:26:12,040 S6: just add that on to my mortgage. 462 00:26:12,080 --> 00:26:15,720 S2: Yeah, I wouldn't do that. Uh, because what that's going 463 00:26:15,720 --> 00:26:19,160 S2: to do is secure that to your home. And, you know, 464 00:26:19,200 --> 00:26:22,600 S2: although there are mechanisms, by the way, they could collect this. 465 00:26:22,950 --> 00:26:24,869 S2: They can't force you to sell your house if for 466 00:26:24,869 --> 00:26:27,070 S2: some reason you were unable to pay. And again, if 467 00:26:27,070 --> 00:26:30,350 S2: it's federal. Um, you know, you're going to have those 468 00:26:30,350 --> 00:26:32,989 S2: income driven repayment options. So if you got into a 469 00:26:32,990 --> 00:26:36,790 S2: hard spot, uh, you'd be able to drop your payment lower, 470 00:26:36,790 --> 00:26:39,030 S2: even though that's going to extend it further into the future. 471 00:26:39,030 --> 00:26:41,590 S2: At least you could keep it current and avoid losing 472 00:26:41,590 --> 00:26:43,750 S2: your home, which is what you'd be putting at risk 473 00:26:43,790 --> 00:26:46,389 S2: the moment you add it to the house. Not to 474 00:26:46,390 --> 00:26:48,430 S2: mention the fact that if you have if you've had 475 00:26:48,430 --> 00:26:51,750 S2: this mortgage for a while and you've got an attractive rate, 476 00:26:51,869 --> 00:26:54,150 S2: you would have to do a cash out refi, which 477 00:26:54,150 --> 00:26:59,230 S2: would likely mean that interest rates going up on that mortgage, uh, 478 00:26:59,230 --> 00:27:02,110 S2: although it might bring it down on the student loans, 479 00:27:02,470 --> 00:27:05,110 S2: if you're paying more on the mortgage balance, you might 480 00:27:05,109 --> 00:27:09,230 S2: end up paying more interest over time. So I'd probably, uh, well, 481 00:27:09,230 --> 00:27:12,030 S2: I would avoid that option. And I'd either stick with 482 00:27:12,030 --> 00:27:14,750 S2: what you've got and just try to prepay it, or 483 00:27:14,750 --> 00:27:17,790 S2: if it's private and not federal, and I'd check on that, 484 00:27:17,790 --> 00:27:19,790 S2: then look to refinance and see if you can get 485 00:27:19,790 --> 00:27:23,460 S2: that rate down. Charlotte I hope that helps. You'll get there. 486 00:27:23,460 --> 00:27:27,820 S2: We appreciate your call today. Uh, to Indiana. WGN. Hi, Greg. 487 00:27:27,859 --> 00:27:28,380 S2: Go ahead. 488 00:27:28,980 --> 00:27:33,340 S7: Yeah, Rob, it's just a couple different questions. One, when 489 00:27:33,380 --> 00:27:38,540 S7: looking for a mortgage company, when buying a home, I 490 00:27:38,540 --> 00:27:40,980 S7: would like to be able to put down at least 491 00:27:40,980 --> 00:27:45,180 S7: half I know to purchase another one in the future, 492 00:27:45,460 --> 00:27:48,420 S7: because I actually have two homes to sell. I'm just 493 00:27:48,420 --> 00:27:50,620 S7: going to have to stagger them. I know one this 494 00:27:50,619 --> 00:27:53,939 S7: year and then one later, but I didn't know if 495 00:27:53,940 --> 00:27:57,219 S7: there was any key questions to ask mortgage companies or 496 00:27:57,660 --> 00:28:00,699 S7: what to look for. Um, definitely for interest rates to 497 00:28:00,740 --> 00:28:02,220 S7: get it as low as possible. 498 00:28:02,580 --> 00:28:05,899 S2: Okay. Yeah. So you're looking to sell two properties, and 499 00:28:05,900 --> 00:28:08,179 S2: then you're going to take the proceeds and buy just 500 00:28:08,180 --> 00:28:11,060 S2: one new property. Or are you going to buy multiple. 501 00:28:12,100 --> 00:28:14,980 S7: Well, just just going to buy one property. And we're 502 00:28:14,980 --> 00:28:19,260 S7: hoping to spend anywhere from 400 to 450. What we're 503 00:28:19,260 --> 00:28:23,379 S7: seeing the price range around our area here. And like 504 00:28:23,380 --> 00:28:25,419 S7: I said, we'd like to put like at least half 505 00:28:25,420 --> 00:28:28,139 S7: down to get that payment down and go to a 506 00:28:28,140 --> 00:28:32,260 S7: 15 year mortgage. But I don't know if any mortgage companies, 507 00:28:32,460 --> 00:28:36,420 S7: there's any better questions to ask, what to look for. 508 00:28:36,859 --> 00:28:39,740 S2: Yeah, yeah. Very good. Well, I like your plan a lot. 509 00:28:39,780 --> 00:28:42,220 S2: I mean, I think the key is to start with 510 00:28:42,420 --> 00:28:44,820 S2: assuming you have good credit, I suspect you do. You're 511 00:28:44,820 --> 00:28:46,820 S2: going to want to make sure, number one, you get 512 00:28:46,820 --> 00:28:49,860 S2: a really competitive rate. Now am I hearing though, that 513 00:28:49,860 --> 00:28:52,740 S2: when you sell the second property, eventually you will be 514 00:28:52,740 --> 00:28:55,500 S2: free and clear? Or do you plan to keep this 515 00:28:55,500 --> 00:28:58,900 S2: mortgage in place even beyond the sale of the second home? 516 00:28:59,580 --> 00:29:02,420 S7: And when we sell both homes, they will be completely 517 00:29:02,700 --> 00:29:06,580 S7: paid off and the additional proceeds will be going to 518 00:29:06,820 --> 00:29:10,420 S7: purchasing another home. We'd like to have new, but we 519 00:29:10,460 --> 00:29:13,420 S7: definitely do not have to. We just like to take 520 00:29:13,420 --> 00:29:16,380 S7: that money and spend the majority of it by putting 521 00:29:16,380 --> 00:29:20,290 S7: it good share down on the new home, maybe have 522 00:29:20,290 --> 00:29:24,250 S7: a little leftover, especially if it's an existing home. Some 523 00:29:24,250 --> 00:29:27,250 S7: need to be a little updated, and we're willing to 524 00:29:27,250 --> 00:29:29,930 S7: do that if needed, but just want cash on hand 525 00:29:30,410 --> 00:29:31,130 S7: to do it. 526 00:29:31,530 --> 00:29:34,090 S2: Yeah. Makes sense. Yeah. So I would I would start 527 00:29:34,090 --> 00:29:37,490 S2: with that interest rate. Make sure you're getting a competitive offer. 528 00:29:37,690 --> 00:29:41,730 S2: I think second is the range of loan types. Now 529 00:29:41,970 --> 00:29:44,570 S2: you probably are just going to take a conventional loan. 530 00:29:44,570 --> 00:29:46,930 S2: But to the extent you wanted, you know, you qualified 531 00:29:46,930 --> 00:29:49,530 S2: for a VA loan or something like that, you'd want 532 00:29:49,570 --> 00:29:51,730 S2: to make sure that they offer those. You're going to 533 00:29:51,730 --> 00:29:54,010 S2: want to certainly look at the fees and closing costs. 534 00:29:54,010 --> 00:29:58,530 S2: So what are those origination fees for processing the loan? Um, 535 00:29:58,650 --> 00:30:03,090 S2: compare that with other charges like appraisal, credit report, underwriting fees. 536 00:30:03,370 --> 00:30:06,050 S2: You want a lender that's upfront and transparent about all 537 00:30:06,090 --> 00:30:08,450 S2: those fees. So you don't want any of that on 538 00:30:08,450 --> 00:30:10,050 S2: the back end. You want them to be, you know, 539 00:30:10,090 --> 00:30:12,690 S2: provide you everything right up front. And then I would 540 00:30:12,690 --> 00:30:16,450 S2: just do some reviews on their reputation. Uh, you could 541 00:30:16,450 --> 00:30:19,720 S2: look at online reviews just to see, you know, what 542 00:30:19,720 --> 00:30:23,360 S2: are people saying about them in terms of their responsiveness, 543 00:30:23,600 --> 00:30:28,880 S2: their pre-approval process, loan processing times, those kinds of things. 544 00:30:29,200 --> 00:30:31,280 S2: I'd also make sure you get at least three bids, 545 00:30:31,280 --> 00:30:33,440 S2: and I'd probably get one of them from our long 546 00:30:33,480 --> 00:30:37,360 S2: time underwriter here at Faith and Finance Movement mortgage at movement. 547 00:30:38,760 --> 00:30:42,120 S2: But they're all pretty standard. And again, you're not going 548 00:30:42,160 --> 00:30:44,560 S2: to be with us for too long, and they're probably 549 00:30:44,560 --> 00:30:47,160 S2: going to sell the servicing to someone else anyway. So 550 00:30:47,160 --> 00:30:50,520 S2: the key is get those low costs, get that competitive 551 00:30:50,520 --> 00:30:52,680 S2: rate and you should be in good shape. Thanks for 552 00:30:52,680 --> 00:30:53,240 S2: your call. 553 00:31:05,120 --> 00:31:07,640 S1: This is our final segment of a Faith and finance 554 00:31:07,640 --> 00:31:11,040 S1: Live program that we previously recorded. Thanks so much for 555 00:31:11,040 --> 00:31:13,240 S1: being with us today, and we hope you'll stick around 556 00:31:13,240 --> 00:31:15,400 S1: and enjoy the rest of the program. 557 00:31:16,630 --> 00:31:18,830 S2: Uh, let's go to Texas. Diana, how can I help you? 558 00:31:19,230 --> 00:31:22,950 S8: I'm calling to ask you, sir. Is there such a 559 00:31:22,950 --> 00:31:28,670 S8: thing as survivor keeps all will from between husband and wife? 560 00:31:29,230 --> 00:31:32,110 S2: Say that. Are you talking about survivors benefits from Social 561 00:31:32,110 --> 00:31:33,710 S2: Security or something else? 562 00:31:35,150 --> 00:31:36,870 S8: Yes. Will's pension. 563 00:31:38,190 --> 00:31:41,150 S2: Okay. Uh, wills and pensions. So give me a little 564 00:31:41,150 --> 00:31:44,110 S2: bit more information on on what it is that the 565 00:31:44,150 --> 00:31:46,070 S2: situation that that you've got here. 566 00:31:46,550 --> 00:31:50,070 S8: My husband and I many years back went to an 567 00:31:50,070 --> 00:31:53,950 S8: attorney and drew up a will. And we specified to 568 00:31:53,990 --> 00:31:58,670 S8: her that we wanted to draw up a will where 569 00:31:58,670 --> 00:32:03,870 S8: everything we had between us would be kept by the survivor. 570 00:32:04,350 --> 00:32:05,030 S2: Yes. 571 00:32:05,070 --> 00:32:05,950 S8: Of the marriage. 572 00:32:06,350 --> 00:32:08,710 S2: Okay. Yeah. And you're wanting. 573 00:32:08,750 --> 00:32:09,750 S8: Is there such a thing? 574 00:32:09,870 --> 00:32:14,790 S2: Oh, absolutely. Yes, there certainly is. Um, you know, there 575 00:32:14,830 --> 00:32:17,110 S2: this is governed by state law, first of all. And 576 00:32:17,110 --> 00:32:19,510 S2: number two, I'm not an attorney, so I'm just going 577 00:32:19,550 --> 00:32:21,790 S2: to talk to you legally, generally about kind of what 578 00:32:21,790 --> 00:32:24,990 S2: happens here and any specific questions you need to get 579 00:32:24,990 --> 00:32:28,670 S2: back with that attorney. But basically, yes, this is absolutely 580 00:32:28,670 --> 00:32:32,270 S2: possible in Texas. Texas is what you call a community 581 00:32:32,270 --> 00:32:36,750 S2: property state. So that means most assets acquired during the 582 00:32:36,750 --> 00:32:39,390 S2: marriage are owned 50 over 50 as a marital unit. 583 00:32:39,670 --> 00:32:43,630 S2: And when one spouse dies, the surviving spouse usually keeps 584 00:32:43,630 --> 00:32:47,430 S2: full control of community property. If and this is key, 585 00:32:47,430 --> 00:32:49,630 S2: and it sounds like this is what you did. If 586 00:32:49,630 --> 00:32:52,710 S2: the will says that everything goes to the surviving spouse. 587 00:32:53,030 --> 00:32:57,150 S2: Now separate property. So let's think assets one spouse owned 588 00:32:57,150 --> 00:33:01,790 S2: before marriage or inherited individually. They also can go to 589 00:33:01,830 --> 00:33:05,870 S2: the surviving spouse if the will directs it. So you know, 590 00:33:05,910 --> 00:33:09,870 S2: if your will says everything goes to the surviving spouse 591 00:33:10,190 --> 00:33:14,540 S2: and it's valid, then yes, that's very common. And it's 592 00:33:14,540 --> 00:33:18,700 S2: called a simple or a reciprocal will plan. Um, and 593 00:33:18,700 --> 00:33:20,780 S2: so that is very possible. And as long as that's 594 00:33:20,780 --> 00:33:23,660 S2: the way that Will was designed, that's exactly what will happen. 595 00:33:23,660 --> 00:33:26,060 S2: And that is fully allowed in the state of Texas. 596 00:33:27,380 --> 00:33:31,620 S8: Oh thank God my children walked away from my life. 597 00:33:31,620 --> 00:33:34,820 S8: I have not seen them since their father died 20 598 00:33:34,820 --> 00:33:35,500 S8: years ago. 599 00:33:35,900 --> 00:33:37,460 S2: Mm. I'm so sorry. 600 00:33:37,660 --> 00:33:40,980 S8: And they didn't care nothing about me. I ran into 601 00:33:40,980 --> 00:33:45,459 S8: a couple, but they repossessed their home. Basically, they were 602 00:33:45,460 --> 00:33:48,380 S8: living out of a car. I went to the grocery 603 00:33:48,380 --> 00:33:50,580 S8: store and they offered me a ride home, and we 604 00:33:50,620 --> 00:33:53,980 S8: got to talking, and I said, you don't have to 605 00:33:53,980 --> 00:33:56,100 S8: live in a car, sweetheart. You can live with me. 606 00:33:56,100 --> 00:34:01,220 S8: I didn't know them at all. You can live with me. Well, 607 00:34:01,220 --> 00:34:04,380 S8: we'll pay you utilities, everything we need to pay, as 608 00:34:04,380 --> 00:34:06,940 S8: long as we can stay there until we find a place. 609 00:34:07,980 --> 00:34:11,460 S8: And they've been loyal to me ever since. How am 610 00:34:11,460 --> 00:34:13,450 S8: I going to pay back what I don't have? I 611 00:34:13,450 --> 00:34:15,730 S8: don't have any money to pay back. I barely get 612 00:34:15,730 --> 00:34:20,489 S8: anything from widow's pension. Yeah. And I figured one day 613 00:34:20,489 --> 00:34:24,010 S8: I was just sitting there talking to Jesus, and it 614 00:34:24,090 --> 00:34:26,530 S8: hit me. And I know it was Jesus that slapped 615 00:34:26,530 --> 00:34:30,089 S8: me around to bring me to my senses. Yeah. I 616 00:34:30,090 --> 00:34:32,530 S8: said I can give them the home instead of having 617 00:34:32,530 --> 00:34:36,730 S8: to pay back what they forked out so far on 618 00:34:36,730 --> 00:34:37,890 S8: my utilities. 619 00:34:38,210 --> 00:34:38,610 S3: Mhm. 620 00:34:38,930 --> 00:34:43,129 S8: So I think that's totally fair and even I call 621 00:34:43,130 --> 00:34:44,530 S8: it an even trade. 622 00:34:45,410 --> 00:34:47,810 S2: Yes. Well Diana, first of all it sounds like you're 623 00:34:47,810 --> 00:34:51,969 S2: an incredibly generous person. Uh, and I love that. Um, 624 00:34:52,170 --> 00:34:55,689 S2: a second. Uh, I would say, you know, you are 625 00:34:55,690 --> 00:35:00,370 S2: providing a wonderful blessing to them. Um, you know, I 626 00:35:00,370 --> 00:35:03,049 S2: want to make sure in that with your generous heart 627 00:35:03,050 --> 00:35:05,770 S2: that you're not being taken advantage of. It sounds like 628 00:35:05,770 --> 00:35:08,410 S2: what you're describing is that it's just a beautiful act 629 00:35:08,410 --> 00:35:13,440 S2: of compassion, but it's, you know, you definitely need to, uh, 630 00:35:13,440 --> 00:35:17,120 S2: protect yourself, your home and your financial security. I realize that's, 631 00:35:17,160 --> 00:35:18,680 S2: you know, right now you're thinking about how do you 632 00:35:18,680 --> 00:35:21,680 S2: bless them, and I appreciate that. I just want to 633 00:35:21,680 --> 00:35:24,320 S2: make sure that, you know, you don't give them access 634 00:35:24,320 --> 00:35:28,240 S2: to bank accounts or credit cards or co-sign anything. Um, 635 00:35:28,600 --> 00:35:31,680 S2: you know, anything like that. Um, you know, I think 636 00:35:31,680 --> 00:35:34,120 S2: it would also be good for them to, you know, 637 00:35:34,160 --> 00:35:36,640 S2: eventually get back on their feet and and get a 638 00:35:36,640 --> 00:35:40,480 S2: place of their own. Um, and so it might be good, 639 00:35:40,680 --> 00:35:43,760 S2: you know, to, to get somebody else involved, a pastor 640 00:35:43,760 --> 00:35:46,640 S2: or a trusted friend who can, you know, speak into 641 00:35:46,640 --> 00:35:49,600 S2: the situation and support you as well. So I just, 642 00:35:49,640 --> 00:35:52,319 S2: you know, that's first and foremost for me, just that 643 00:35:52,320 --> 00:35:55,400 S2: you create some simple house rules and a guest agreement 644 00:35:55,400 --> 00:35:57,799 S2: and that you're just really looking out for yourself and 645 00:35:57,800 --> 00:36:00,799 S2: not being too trusting, just given that these people were 646 00:36:00,800 --> 00:36:04,319 S2: unknown to you. Um, but to your point, you are 647 00:36:04,360 --> 00:36:08,400 S2: the steward. And so what ultimately happens to what God 648 00:36:08,469 --> 00:36:11,950 S2: owns and has been entrusted to you in your bank 649 00:36:11,989 --> 00:36:15,310 S2: account and that home you own and anything else. You're 650 00:36:15,350 --> 00:36:17,670 S2: the one who will decide where that's going to go, 651 00:36:17,910 --> 00:36:20,029 S2: and that's completely up to you and between you and 652 00:36:20,030 --> 00:36:23,030 S2: the Lord. And so I would say, you know, if 653 00:36:23,070 --> 00:36:26,390 S2: you want to give that to anyone, including these people 654 00:36:26,390 --> 00:36:29,670 S2: that you've been loving and caring for, um, you know, 655 00:36:29,710 --> 00:36:31,910 S2: you would just need to visit with your attorney, a 656 00:36:31,910 --> 00:36:33,830 S2: state attorney, to make sure the will is set up 657 00:36:33,830 --> 00:36:34,310 S2: that way. 658 00:36:35,510 --> 00:36:40,990 S8: They have children. They have eight kids. Okay. He was 659 00:36:40,989 --> 00:36:44,870 S8: a roughneck and made good money. $38 an hour. And 660 00:36:44,870 --> 00:36:47,790 S8: then when the oil business went bad in Texas, he 661 00:36:47,790 --> 00:36:51,029 S8: lost everything, including his home. But I said, but you 662 00:36:51,030 --> 00:36:53,630 S8: haven't lost me. But you don't know us. I said, 663 00:36:53,989 --> 00:36:58,670 S8: I know you are children of God like I am. Well, 664 00:36:58,910 --> 00:37:01,110 S8: and I will not let you sleep in a car 665 00:37:01,110 --> 00:37:02,110 S8: with your kids. 666 00:37:02,670 --> 00:37:06,270 S2: Wow. Well, that is a beautiful picture of compassion and 667 00:37:06,270 --> 00:37:10,590 S2: generosity and I think makes the Lord smile. Clearly, that's 668 00:37:10,630 --> 00:37:15,109 S2: on his heart. Uh, loving those who are destitute and 669 00:37:15,110 --> 00:37:19,630 S2: in need. Uh, you're loving your neighbor in doing that. And, um. 670 00:37:19,790 --> 00:37:22,989 S2: And so I really appreciate that. I think that's been 671 00:37:22,989 --> 00:37:25,109 S2: an encouragement. I'm confident it has been to me. And 672 00:37:25,110 --> 00:37:27,910 S2: I'm sure many who are listening today, uh, Diana, who 673 00:37:27,950 --> 00:37:31,270 S2: are hearing what you've said and what you're doing and 674 00:37:31,270 --> 00:37:35,750 S2: just that outpouring of grace and love and support for 675 00:37:35,750 --> 00:37:38,509 S2: somebody in need. And it sounds like a very desperate 676 00:37:38,510 --> 00:37:44,470 S2: situation is just phenomenal. Um, so Lord bless you. And, um, man, 677 00:37:44,469 --> 00:37:46,830 S2: you've been an encouragement to us today. I really appreciate 678 00:37:46,830 --> 00:37:47,590 S2: your phone call. 679 00:37:48,030 --> 00:37:52,189 S8: Thank you. Repeat again the name of the will so 680 00:37:52,190 --> 00:37:53,190 S8: I can write it down. 681 00:37:53,630 --> 00:37:58,390 S2: Yes. Um, what you probably heard me say was, um. 682 00:37:58,430 --> 00:38:03,910 S2: Everybody needs a will enforce. Um, I'm trying to think. What? Oh, 683 00:38:04,070 --> 00:38:05,950 S2: you know, what I said was a simple or a 684 00:38:06,100 --> 00:38:10,219 S2: reciprocal will was probably the term you were remembering. But 685 00:38:10,219 --> 00:38:13,219 S2: bottom line is the will needs to very clearly says 686 00:38:13,380 --> 00:38:17,660 S2: everything goes to the surviving spouse. Unless your spouse has 687 00:38:17,660 --> 00:38:19,459 S2: passed and you want it to go to someone else, 688 00:38:19,460 --> 00:38:20,819 S2: and you would just need to make sure the will 689 00:38:20,820 --> 00:38:21,740 S2: spells that out. 690 00:38:22,739 --> 00:38:25,299 S8: My kids are only interested. They don't visit me. They 691 00:38:25,300 --> 00:38:29,140 S8: don't call me anything in years. 20 years of not 692 00:38:29,140 --> 00:38:30,020 S8: hearing from them. 693 00:38:30,260 --> 00:38:33,580 S2: Wow. Yeah. I'm so sorry. Well, let's pray that the 694 00:38:33,580 --> 00:38:36,500 S2: Lord restores that relationship at some point in the future. 695 00:38:36,500 --> 00:38:39,500 S2: That would be a beautiful picture as well. But in 696 00:38:39,500 --> 00:38:42,860 S2: the meantime, you keep loving Jesus and loving others. And 697 00:38:42,900 --> 00:38:44,859 S2: you've been a blessing to us today. Diana, thanks for 698 00:38:44,860 --> 00:38:47,580 S2: being on the program. Well, folks, uh, you know, that's 699 00:38:47,580 --> 00:38:49,900 S2: what the faith and finance community is all about, right? 700 00:38:49,900 --> 00:38:53,660 S2: There is just spurring each other on, uh, to living 701 00:38:53,660 --> 00:38:57,100 S2: as wise and faithful stewards, understanding that everything we have 702 00:38:57,140 --> 00:38:59,819 S2: is a gracious gift from God. And one of the 703 00:38:59,820 --> 00:39:02,339 S2: ways we honor him is by holding it loosely and 704 00:39:02,340 --> 00:39:07,770 S2: giving it generously. And I love that that she's really 705 00:39:07,770 --> 00:39:12,250 S2: living out. Diana, the call of Romans 1213 to share 706 00:39:12,250 --> 00:39:15,370 S2: with the Lord's people who are in need. And Hebrews 707 00:39:15,370 --> 00:39:20,330 S2: 13 two, which reminds us to show hospitality to strangers. 708 00:39:20,330 --> 00:39:24,049 S2: For by doing so some have entertained angels without knowing it. 709 00:39:24,050 --> 00:39:27,090 S2: That's what we read, uh, from the the writer of Hebrews. 710 00:39:27,130 --> 00:39:31,210 S2: You know, God sees Diana your service and is faithful 711 00:39:31,250 --> 00:39:33,290 S2: to supply what you need. And that's true for all 712 00:39:33,290 --> 00:39:36,930 S2: of us. And Philippians 419 promises that God will meet 713 00:39:36,930 --> 00:39:40,330 S2: all your needs according to the riches of his glory 714 00:39:40,330 --> 00:39:43,850 S2: in Christ Jesus. So, Diana, even if you can't see 715 00:39:43,850 --> 00:39:45,890 S2: the full impact now, and this is true for each 716 00:39:45,890 --> 00:39:49,489 S2: person listening today, we need to understand that our obedience 717 00:39:49,489 --> 00:39:54,130 S2: is a powerful testimony of Christ's love in action. So 718 00:39:54,170 --> 00:39:57,610 S2: let me just challenge you today. Keep walking faithfully, knowing 719 00:39:57,650 --> 00:40:01,010 S2: that you are reflecting the heart of the gospel by 720 00:40:01,010 --> 00:40:05,279 S2: welcoming others as Christ has welcomed you and I hope 721 00:40:05,280 --> 00:40:07,440 S2: that's an encouragement to you today. Just know that we 722 00:40:07,440 --> 00:40:10,680 S2: appreciate you. Well, folks, we are about out of time. 723 00:40:10,719 --> 00:40:13,080 S2: You know, what a treat to be able to spend 724 00:40:13,080 --> 00:40:16,359 S2: some time with you and just be invited into your 725 00:40:16,360 --> 00:40:19,160 S2: stories and be able to play a small role in 726 00:40:19,160 --> 00:40:22,080 S2: encouraging you in this high calling. And I mean that 727 00:40:22,080 --> 00:40:24,760 S2: it is a high calling to be a money manager 728 00:40:24,760 --> 00:40:27,600 S2: for the King of Kings, and we look to God's 729 00:40:27,600 --> 00:40:30,840 S2: Word as the source of truth. We seek God's wisdom 730 00:40:30,840 --> 00:40:34,000 S2: and prayer. Remember James one five if you lack wisdom, 731 00:40:34,040 --> 00:40:37,000 S2: ask God. He will give it generously to you. So 732 00:40:37,040 --> 00:40:40,640 S2: ask him. Invite him into your financial life. I think 733 00:40:40,640 --> 00:40:42,879 S2: so often we're quick to invite God into every area 734 00:40:42,880 --> 00:40:46,080 S2: of our lives for some reason accept our financial lives. 735 00:40:46,320 --> 00:40:48,520 S2: He cares about the details. You know, maybe this is 736 00:40:48,520 --> 00:40:50,080 S2: the day where you need to spread the bills out 737 00:40:50,080 --> 00:40:52,760 S2: on the table and say, God, I'm done. You know, 738 00:40:52,800 --> 00:40:55,440 S2: I'm I'm come to the end of myself. I can't 739 00:40:55,440 --> 00:40:57,680 S2: do this. I'm going to trust you. I'm going to 740 00:40:57,680 --> 00:41:01,000 S2: stop using the credit card and robbing you of the opportunity. 741 00:41:01,000 --> 00:41:03,800 S2: And I'm going to, you know, wait for that person who, 742 00:41:03,840 --> 00:41:06,240 S2: you know, that knock on the door or that unexpected 743 00:41:06,239 --> 00:41:09,000 S2: gift or the support of my local church, and I'm 744 00:41:09,000 --> 00:41:11,719 S2: going to trust you as my provider and then do 745 00:41:11,760 --> 00:41:14,920 S2: our part to be faithful in stewardship, to work hard 746 00:41:14,920 --> 00:41:18,239 S2: as unto the Lord. Be diligent in in working hard 747 00:41:18,239 --> 00:41:20,600 S2: with our hands so that not only can we provide 748 00:41:20,600 --> 00:41:23,400 S2: for ourselves, but so that we can bless somebody else 749 00:41:23,400 --> 00:41:26,680 S2: in need, as Diana has modeled for us today, even 750 00:41:26,719 --> 00:41:32,399 S2: out of her meager means. She is loving and blessing others. 751 00:41:32,840 --> 00:41:35,399 S2: And that's the widow's mite. I mean, that's what we see. 752 00:41:35,400 --> 00:41:39,600 S2: That's the picture of giving out of even our poverty 753 00:41:39,600 --> 00:41:42,520 S2: in some cases. And I hope that's been an encouragement 754 00:41:42,520 --> 00:41:44,399 S2: to you today. I know it has for me. Let 755 00:41:44,400 --> 00:41:48,480 S2: me wrap up today by just encouraging you to consider 756 00:41:48,480 --> 00:41:50,560 S2: Faith VI here at the end of the year. Again, 757 00:41:50,560 --> 00:41:53,200 S2: as a listener supported ministry, this is an important time 758 00:41:53,200 --> 00:41:55,320 S2: for us to hear from you as we head toward 759 00:41:55,520 --> 00:41:58,560 S2: our year end goal. Good news every gift up to 760 00:41:58,560 --> 00:42:02,190 S2: $175,000 is going to be doubled. So if you could 761 00:42:02,190 --> 00:42:05,270 S2: make 100 or $500 gift, maybe somebody listening today could 762 00:42:05,270 --> 00:42:08,469 S2: do a 5000 or a $10,000 gift. God has blessed 763 00:42:08,469 --> 00:42:11,550 S2: you with more. We have some incredible plans for next 764 00:42:11,550 --> 00:42:14,029 S2: year with a brand new Faith V app, with our 765 00:42:14,030 --> 00:42:17,430 S2: new devotional, Our Ultimate Treasure, which, by the way, every 766 00:42:17,430 --> 00:42:19,750 S2: gift will ensure you get that when it comes out 767 00:42:19,950 --> 00:42:22,950 S2: in early January. Plus some things I'll tell you about 768 00:42:22,950 --> 00:42:25,670 S2: next year, but a lot of really exciting things coming. 769 00:42:25,670 --> 00:42:28,870 S2: But it only happens through your support. So whether you 770 00:42:28,870 --> 00:42:31,230 S2: make a one time gift or become a faith v partner, 771 00:42:31,230 --> 00:42:33,910 S2: just know we're grateful that you're a part of this 772 00:42:33,910 --> 00:42:36,790 S2: ministry and we're so thankful for those who support it. 773 00:42:36,790 --> 00:42:39,989 S2: If you want to learn more, go to faith. Com slash. Give. 774 00:42:40,150 --> 00:42:44,270 S2: That's faith. Com. Let me say thanks to my team 775 00:42:44,270 --> 00:42:47,390 S2: today I couldn't do it without them. Amy Dan, Gabby 776 00:42:47,430 --> 00:42:49,630 S2: T and Jim. Faith and Finance Live is a partnership 777 00:42:49,630 --> 00:42:53,030 S2: between Moody Radio and Faith fi. Have a wonderful day 778 00:42:53,030 --> 00:42:55,310 S2: and come back and join us next time for another 779 00:42:55,310 --> 00:42:57,470 S2: edition of Faith and Finance live.