Brian Holtz is the Chief Operating Officer at Compass—Finances God’s Way. He’s also the author of a brand new book, Financial Discipleship for Families: Intentionally Raising Faithful Children.
WHY A BOOK ABOUT MONEY FOR PARENTING?
- Jesus used money in parables to teach spiritual lessons, making it relatable and insightful for teaching children.
- Managing money according to God's principles impacts our relationship with Him.
ACTIVE VS. REACTIVE PARENTING
- Active parenting involves setting goals and preparing children for future financial decisions.
- Reactive parenting addresses issues only as they arise, often in a negative context.
WHY A BOOK ABOUT MONEY FOR PARENTING?
- Jesus used money in parables to teach spiritual lessons, making it relatable and insightful for teaching children.
- Managing money according to God's principles impacts our relationship with Him.
ACTIVE VS. REACTIVE PARENTING
- Active parenting involves setting goals and preparing children for future financial decisions.
- Reactive parenting addresses issues only as they arise, often in a negative context.
MVP PARENTING: MODELING, VERBAL INSTRUCTION, PRACTICAL OPPORTUNITIES
- Modeling: Demonstrating financial habits like budgeting and generosity.
- Verbal Instruction: Explaining the 'what' and 'why' behind financial actions.
- Practical Opportunities: Allowing children to participate in financial decisions and learn from experiences.
ROB ALSO ANSWERS LISTENERS QUESTIONS ABOUT THE FOLLOWING:
- As an 18-year-old, what are the best investment options for me, considering choices like 401(k), Roth IRA, and life insurance investments?
- Should I maintain full coverage insurance on my older, well-maintained vehicles, or would it be more practical to switch to PD only coverage?
- To improve my credit score, is it better to pay off my credit card balance in full every month or should I leave a small balance?
- Can I use my HSA to pay for a Christian sharing plan if I quit my job and lose my health insurance, and are there any tax advantages or new rules for contributions to these plans?
- If I am close to Medicare age, am I able to use my HSA to reimburse myself for Part B premium payments?
RESOURCES MENTIONED:
Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network as well as American Family Radio. Visit our website at FaithFi.comwhere you can join the FaithFi Community, and give as we expand our outreach.
Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.
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