Compass Catholic

Join us in welcoming Jenny Ibarra to our Compass Catholic Team! Jenny just joined us as our new office manager and we're thrilled to have her. At Compass Catholic, we believe personal finance is more than just dollars and cents. How we spend our money is a reflection of our values. Jenny shares her personal money story about how a decision she and her husband made four years ago enabled her to join our team.   To learn more about Compass Catholic, please visit https://compasscatholic.org   To find our new YouTube Channel, go to: https://www.youtube.com/channel/UC_kQPdTl0Nw3zt2n7DZ3yVw   To sign up for our fall Faith & Money Matters Bible Study, please visit https://compasscatholic.org/faith-mon...       Support MusicbyAdenhttps://soundcloud.com/musicbyadenhtt... ✘ Free Download ✘https://hypeddit.com/track/wnpvxr

In last week's episode, we spoke to two Catholic bloggers (and their spouses) who participated in a Faith & Money Matters Bible Study. In this week's episode, we're speaking to the two other bloggers who participated in the same study. Amanda Costello (thesistersonfire.com) and Carrie Soukup (gracefinders.com and author of Collections of Grace) join us to talk about their experiences and how Faith & Money Matters affected their perspective of money.  To sign up for an upcoming Faith & Money Matters Bible Study, please visit: https://CompassCatholic.com Amanda's Blog: https://Thesistersonfire.com Carrie's Blog: https://Gracefinders.com To purchase Carrie's book, Collections of Grace, please visit: https://www.amazon.com/Collection-Grace-Flexible-Handbook-Growing/dp/B088BCJ2W1   Support MusicbyAdenhttps://soundcloud.com/musicbyadenhttps://open.spotify.com/artist/3QgJNhttps://twitter.com/musicbyadenhttps://www.youtube.com/channel/UCUZ ✘ Free Download ✘https://hypeddit.com/track/wnpvxr

Playing with debt is like playing with matches. You think you’ll be able to blow the match out when the flame gets too close to your fingers. But how many times have you burned yourself?   If you get a sick sinking feeling when you think about the amount of debt you have, you may be worried that you’ll never be able to dig your way out. And unless you get serious about paying it off, you’re right.   Tune and be sure to check out the Compass Catholic blog for more ideas on motivating yourself to get out of debt.

What happens when you put a small group of Catholic bloggers together and have them talk about money? You'll find out in this week's episode of Money Stories!  Katie and Cullen Sheppard facilitated a Faith & Money Matters Bible Study for a group of pre-selected Catholic bloggers and their spouses. Victoria and Jason Sechrist (ConsumerCatholic.com) and Katie and Joel Cassidy (Unexpectedhoney.com) discuss their experience with Faith & Money Matters and how their small group bonded over the course of the six week study. Who knew friendships could be formed by talking about money and stewardship?   To sign up for an online Faith & Money Matters Bible Study please visit https://CompassCatholic.org.   To visit Victoria's blog, Consumer Catholic, please visit https://ConsumerCatholic.org.   To visit Katie's blog, Unexpected Honey, please visit https://UnexpectedHoney.com     Support MusicbyAden https://soundcloud.com/musicbyaden https://open.spotify.com/artist/3QgJN https://twitter.com/musicbya

We aren’t born being content and it seems that our culture tries to make us more and more discontent as we grow older. How many commercials are disguised as TV shows and movies targeting the youngsters in our life to get the stuff they are selling? And keeping up with the neighbors can be a lifetime pursuit for some adults.   Learning the secret of contentment can free you from all the pressure to spend money in an effort to acquire more and more stuff. Being content is a conscious learned habit!   The Compass Catholic Blog has more on learning the virtue of contentment.

Sister Ignatia Henneberry, with the Sisters of St. Francis of Perpetual Adoration, had student loan debt when she started discerning religious life. She had faith that her debt would not be a barrier. Due to the generosity of others, including her grandmother and the Mater Ecclesiae Fund for Vocations, Sister Ignatia was right.  Sister Ignatia recently took over the role of Vocations Director with the Sisters of St. Francis of Perpetual Adoration. She's new to her role but she's not naive as to how student loans debt will affect the ability of other young women to say "yes" to their vocation. We were so blessed to have Sister Ignatia share her story as we wrap up this series on student loan debt.  We challenge you to share at least one of these episodes on the effect of student loan on vocations with a friend or on social media.   To sign up for a Faith & Money Matters Bible Study, please visit https://compasscatholic.org.   Mater Ecclesiae Fund for Vocations:  https://fundforvocations.org   Labou

Getting out of debt can be challenging, especially if you don’t know where to start or what to do first. Get started by using our tips for eight steps to get out of debt.   It can be a long-term goal and it is not easy, but the effort and time is well worth the blessing that comes from being debt free.   The Compass Catholic blog has more ideas about taking the first step in freeing yourself from the bondage of debt.

Father Brent Bowen finished his undergraduate studies and promptly started his master's degree. It was at that time that he realized his calling to become a priest. At that point, he had six figure student loan debt. His story shows how he combination of grit, faith, and generosity could overcome the seemingly impossible. We want to thank Father Brent for sharing his story and the message that God cannot be outdone in generosity! Information about the debt snowball method: https://compasscatholic.org/making-snowball/   Debt Snowball Calculator: https://compasscatholic.org/calculators/   Mater Ecclesiae Fund for Vocations: https://fundforvocations.org   The Laboure Society:  https://rescuevocations.org  

Differences of opinion in a marriage are healthy if you can find a compromise that works for both of you. Being on the same page is important in all areas, especially as you plan for retirement. Maybe one of you wants to move closer to the grandkids and the other wants to move to a deserted tropical island. Where you’ll live and what you plan to do is a conversation that needs to start long before that last day at work. The Compass Catholic blog has more ideas about planning for a happy, productive retirement.

In this week’s episode, Diana and Caitlyn speak with John Flanagan from the Laboure Society. John is the executive director of the Laboure Society which is a nonprofit organization that aims to help aspirants tackle their student debt load so they can discern their potential calling. John talks about the method Laboure has implemented that is Canon Law and IRS compliant. The Laboure method was also designed to grow a community of stewardship and ownership of our calling as laity to support vocations.   Links from this week’s episode: The Laboure Society https://rescuevocations.org To Donate to the Laboure Society https://rescuevocations.org/give/   Equifax article about the FICO Resilience Index https://www.equifax.com/business/fico-resilience-index/   Compass Catholic Ministries https://compasscatholic.org

The internet will give you millions of ideas about how to cut your monthly bills.  Some of them may be good, others may not be. The only way to determine if these ideas will benefit you is to do the math and compare what you are currently spending versus what you’ll spend by making changes. The Compass Catholic blog has more ideas about cutting monthly bills.

In the last episode of Money Stories, Anne Folan spoke about the toll student loan debt is taking on vocations. In this episode, Anne is back to discuss what the Mater Ecclesiae Fund for Vocations is doing to help this problem. The Fund for Vocations process is intricately designed with a purpose. Not only is the Fund for Vocations IRS compliant, it has to be Canon law compliant as well. To recap from last week's episode, 45 million Americans owe student loan debt, collectively owing more than $1.5 trillion dollars. Two out of every three college graduates will graduate with a student debt load averaging over $30,000. For individuals discerning a call to religious life, student loan debt can create a tremendous obstacle they didn't consider when pursuing their college degrees because religious communities usually don't allow a person with unresolved debts to enter To make a donation to the Fund for Vocations, please visit https://fundforvocations.org/donate-today/ To learn more about Compass Catholic Minis

We are midway through a tumultuous financial year and it’s time to revisit your current financial situation and define what’s going to change or remain the same in 2020. This year, more than ever it’s imperative to stay on top of your financial situation. The Compass Money Map is a great place to start and the Compass blog has more about a financial health checkup.

In this week's episode of Money Stories, Anne Folan discusses the toll student loan debt is taking on vocations. Anne is a member of the board of directors of the Mater Ecclesiae Fund for Vocations, a nonprofit Catholic organization that makes grants for student loan debt relief for young men and women with vocations to religious life.  45 million Americans owe student loan debt, collectively owing more than $1.5 trillion dollars. Two out of every three college graduates will graduate with a student debt load averaging over $30,000. For individuals discerning a call to religious life, student loan debt can create a tremendous obstacle they didn't consider when pursuing their college degrees because religious communities usually don't allow a person with unresolved debts to enter formation.  Mater Ecclesiae Fund for Vocations:  https://fundforvocations.org Compass Catholic Ministries: www.CompassCatholic.org Matthew 6:24-“No one can serve two masters. He will either hate one and love the other, or be devot

We talk about all kinds of things with our friends, but the conversations rarely focus on money and how much we earn, spend, save and give. One money area that’s a little less than personal is ideas for being frugal. Frugal means being careful with how you manage all the blessings God has given you, including your finances. Being frugal is being a good steward. The Compass Catholic blog has more about why being frugal is so important to your financial health.

Aaron Munoz is the creator and author of DollarsandSaints.com. He's also in the field of cybersecurity. In this episode of Money Stories, Aaron not only gives our listeners tips to protect their finances, but he also shares how he found how his career can be used to build the kingdom of God.  "If a man is called to be a street sweeper, he should sweep streets even as Michelangelo painted, or Beethoven composed music, or Shakespeare wrote poetry. He should sweep streets so well that all the hosts of heaven and earth will pause to say, here lived a great street sweeper who did his job well." -Martin Luther King In Compass Catholic's Faith & Money Matters Bible Study, you are given the opportunity to explore how your career fits into the God's kingdom. If you have not yet participated, you can register for an online class at www. CompassCatholic.org. Compass Catholic Ministries:  www.CompassCatholic.org Dollars and Saints Blog: www.DollarsandSaints.com Cyber Securing Your Finances in Five Steps: https:/

The reason so many people get into debt for Christmas is simple—they haven’t planned ahead. They haven’t saved or given thought to how they may be able to creatively reduce the cost of Christmas. This year with the financial implications of the pandemic, it’s more important than ever to make this the Christmas you’ll stay out of debt. The Compass Catholic blog has more about why and how to plan financially for Christmas.

Whitney Allen is the founder of Healing Hopeful Hearts (H3), a ministry for men and women to walk with each other in healing and prayer as they navigate the challenges of infertility. Once of those challenges may be financial. 1 in 6 families will struggle with infertility and of those, 59% say finances are barrier to proceeding with treatment. Whitney talks about how couples can navigate the challenges of infertility, particularly from a financial perspective. For more information about Compass Catholic Ministries, please visit https://www.CompassCatholic.org Healing Hopeful Hearts Ministry: https://cathedralctk.org/healing-hopeful-hearts Pope Paul IV Institute: https://popepaulvi.com Whitney Allen Email: Whit760@gmail.com     Happy by MusicbyAden https://soundcloud.com/musicbyaden Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0 Free Download / Stream: https://bit.ly/happy-musicbyaden Music promoted by Audio Library https://youtu.be/IOtFV3u_g5E ––––––––––––––––––––––––––––––