Faithful on the Clock is a podcast with the mission of getting your work and faith aligned. We want you to understand Who you're serving and why so you can get more joy and legacy from every minute spent on the clock. Thanks for joining us and taking this step toward a more fulfilling job and relationship with God!
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In this episode...
https://faithfulontheclock.captivate.fm/episode/how-financially-literate-are-you-really
Are you financially literate? Why is that so important for your career or your business? In Episode 36 of the Faithful on the Clock podcast, we’ll break that down AND give you some key scripture verses that can guide your financial approach
Timestamps:
[00:05] - Intro
[00:39] - I was inspired to do the show based on financial headlines I’d been seeing. It struck me that there’s a perfect money storm happening and that people need to know how to manage funds if they’re going to survive.
[01:20] - The current state of financial literacy and how it influences business on both the worker and employer sides
[02:57] - Nine signs of poor financial literacy
[03:56] - Financial literacy is still evolving and you can self-assess yourself at any time. But the bottom line is that you should feel comfortable performing everyday money operations. If you don’t, you probably have work to do.
[04:51] - Addressing financial literacy requires employers and employees to work together in full honesty.
[05:32] -Intro to financial scriptures based on list from Amy Livingston on Money Crashers
[06:03] - Proverbs 24:27–Find your key financial priority to lay a foundation for everything else.
[06:42] - Luke 14:28-30–Create and stick to a budget. Calculate your costs before you start.
[07:21] - Genesis 41:34-36–Build an emergency fund so you’re not thrown off from your goals if trouble strikes.
[08:03] - Proverbs 22:7–Avoid debt. It can create a sort of mental slavery.
[09:00] - Ecclesiastes 11:2–Diversify your investments. Not having everything in one basket will protect you against catastrophic financial loss should an investment fail.
[09:53] - Seek help from others to gain the financial literacy you need.
[10:34] - Prayer
[11:24] - Outro/What’s coming up next
Key takeaways:
