Is a subprime loan a bad idea? How has the 2018 economy affected churches? And how can you cut costs in order to better prepare for retirement?
All these questions and more are answered in this week’s My 5 for Friday.
- Ask Chuck: Subprime Loans by Chuck Bentley. Are subprime loans always a bad idea? What if you’re tired of “throwing your money” away with renting but you’re not eligible for a conventional mortgage? Chuck Bentley offers his thoughts concerning subprime loans and whether or not they’re worth it. Hint: they’re not.
- Pastors Say 2018 Brought Economic Turnaround To Churches by Aaron Earls. A new report from LifeWay shows that “For the first time since LifeWay Research began asking pastors economic questions in 2009, more pastors say the economy is having a positive rather than a negative impact on their church.” In turn, 79% of pastors reported their total gifts to be at or above the previous year’s level. Keep reading for the full report.
- 10 Signs That You’re “the Boss”… But Not the Leader by Tony Morgan. What makes the difference between being someone’s boss versus being someone’s leader? Relationship. Tony Morgan points out that “It takes more than positional authority to effectively lead others and create a healthy team environment.” Check out this post to see if you’re functioning as “the boss” or a leader.
- A Biblical Perspective of Debt by Ron Blue. There are many areas of our lives that we wish had more margin. If you’re struggling with debt, then this is a financial margin problem. Ron Blue says that “any margin issue in our lives begs some fundamental questions.” What are those questions we should be asking ourselves? Take a look at this post to see a biblical perspective of debt and the benefits of having margin.
- 5 Ways to Reduce Cost and Be Better Prepared for Retirement by Leo Sabo. Saving for retirement can feel daunting for anyone, but even more so as you’re approaching your retirement years. “If you’re approaching retirement with less than ideal savings, there are several things you can do to ensure you can live on less and don’t run out of money prematurely.” Keep reading to see where you can cut costs and better prepare for retirement.