Wise Use of Tax Refunds
Howard Dayton and Steve Moore offer some wise Biblical advice on how to best use your tax refund. Then they take financial questions from listeners at 800-525-7000 and MoneyWise@Compass1.org:
- "My wife and I are a young couple and make it a habit of living within our means. Is it beneficial to open a few (2-3) credit cards that offer rewards to 1) help boost our credit score and 2) take advantage of the incentives for using the cards?”
- "I am in charge of an inheritance of 100K for my sister (a minor) and myself. What is the best way to invest this money?"
- "I have medical expenses (15 bills) that my insurance will not recover. I have a high deductible through Obamacare. I do not have this money in savings, so how should I handle this?"
Featured Resources From MoneyWise
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.