Be An Ex-cosigner
Howard and Steve reveal what the Bible has to say about cosigning on another person's loan. Next, they answer questions from listeners at 800-525-7000 and MoneyWise@Compass1.org:
- "We are not making any money on a few rental homes we own. Should we sell them or hang onto them?"
- "My husband has an IRA money market account and we want to transfer that into a Roth IRA. Should we do that ourselves?"
- "I'm concerned about the returns on my investments. When should I express my concerns to my investment advisor and what questions should I ask?"
- "Given then the Bible discourages lending, is it okay for a Christian to work at a bank or another lending institution?"
Be sure to check out the Compass website for a complete listing of helpful resources and radio archives.
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Don't be ruled by external financial pressures and circumstances. Our security is not found in money or possessions. A strong foundation for true financial success usually involves a change in perspective rather than in income. Biblical counselor Jim Newheiser's reflection questions and practical exercises, paired with Scripture's wisdom on financial and work-related topics, point you toward fiscal responsibility on earth and treasure in heaven. In this 31-Day Devotional, biblical counselors and Bible teachers guide you through Scripture passages that speak to specific situations and struggles, inspiring you to apply God's Word to your life in practical ways day after day. Request your copy with your gift of any amount to MoneyWise. Your generous donation helps expand our outreach to share God’s financial principles with others.