Catholic Money Talk

Send us Fan Mail Pay off the mortgage! In this episode, I discuss the benefits of paying off your mortgage. We also tackle some of the common objections to this idea.  Support the show Get in touch with Paul Monthly Subscription to Catholic Money Talk

Send us Fan Mail Our emotions can have a big impact on our finances, and our finances can stir up several different emotions. I talk about how to fight through challenging emotions and make sound financial decisions in peace. Support the show Get in touch with Paul Monthly Subscription to Catholic Money Talk

Send us Fan Mail Life insurance is one of those financial items that most people struggle to understand. If we learn about it, it is usually from the person trying to sell it to us. In this episode, I answer some of the most common questions I get asked about life insurance. And don't worry, I don't sell life insurance, so there is no sales pitch from me. Support the show Get in touch wi...

Send us Fan Mail Know the truth, and the Truth will set you free! Understanding the truth about money is a key element in developing a solid financial plan. I go through four common money myths and provide the truth to replace those myths.  Support the show Get in touch with Paul Monthly Subscription to Catholic Money Talk

Send us Fan Mail We are all unique in how we handle and relate to money. Knowing our money personality is a key component of being successful with finances. It will also improve our communication with our spouse as we work together. Support the show Get in touch with Paul Monthly Subscription to Catholic Money Talk

Send us Fan Mail We continue to discuss the Seven Elements of a financial plan. In this episode, we focus on the fifth element, Monitoring and Reassessing the plan. We talk about how to do this and why it is important. Support the show Get in touch with Paul Monthly Subscription to Catholic Money Talk

Send us Fan Mail We continue to discuss the Seven Elements of a financial plan. In this episode, we focus on the fourth element, Executing the Plan, and the challenges we face. Support the show Get in touch with Paul Monthly Subscription to Catholic Money Talk

Send us Fan Mail There are Seven Elements to a good Financial Plan. I go through the Second Element - Set Financial Goals, and the Third Element - Writing out a detailed plan. Support the show Get in touch with Paul Monthly Subscription to Catholic Money Talk

Send us Fan Mail There are Seven Elements to a good Financial Plan. I go through all seven and we dive into the First Element - Assessing the Situation. Helpful FREE tools to complete your assessment: Personal Financial Statement Income and Expense Statement Support the show Get in touch with Paul Monthly Subscription to Catholic Money Talk

Send us Fan Mail We have all heard the phrase, "Slow, and Steady Wins the Race". But is it true? What obstacles and challenges do we face from having a slow and steady approach toward our goals?  Support the show Get in touch with Paul Monthly Subscription to Catholic Money Talk

Send us Fan Mail We might have heard the phrase "live below your means". But how do we do that? Why do we do that? There are Four main elements to living below your means.  1. Actively Budget 2. Eliminate Debt 3. Prepare for the unexpected 4. Save for the future But, why do we do this? It eliminates money stress and puts us in a place to experience the Lord's blessing and enables us...

Send us Fan Mail Kid's college and how to fund it is a big question that I get a lot. It is also one that we are currently working through with my oldest. There are so many different opinions and so many different forces that pull and push us, and our students, in several different directions. There are some great options and there is a way to fund a college education. Give the episode a list...

Send us Fan Mail I talk about the last three steps of goal setting. Step 3 - How to break goals down into smaller attainable steps. Step 4 - How to identify and overcome obstacles. Finally, Step 5 - How to set a time frame and plan to inspect our progress. I also provide a great example from my own life to walk through these steps. Support the show Get in touch with Paul Monthly Subscription to Ca...

Send us Fan Mail There are five steps to setting goals. I cover the first two steps in this episode. Step 1 - Brainstorm and write down goals. Step 2 - Identify Realistic and Specific goals from the list we create.  Support the show Get in touch with Paul Monthly Subscription to Catholic Money Talk

Send us Fan Mail Why should we pray? How does praying have anything to do with finances? I explain why I pray before each podcast episode. I also remind us that we are called to be in constant pursuit of holiness and the Lord's will for our lives. I give some examples of how we can invite the Lord into life's moments, particularly those that are not spiritual, like our work and our finan...

Send us Fan Mail God has a great plan for each of us, but how do we know his will? We must seek him in prayer. In this episode, I discuss how to identify some of the pressures we might feel as we are working through financial desicions. We then discuss five great questions to take to prayer when we are trying to discern a large financial decision. Support the show Get in touch with Paul Monthly Su...

Send us Fan Mail After we identify lifestyle creep, we need to create a plan of action to address it and defend against it. We will discuss the first steps of creating a budget that reflects our goals.  Support the show Get in touch with Paul Monthly Subscription to Catholic Money Talk

Send us Fan Mail Lifestyle Creep is what happens to us when we don't have a plan. It can quickly eliminate potential advancement toward our goals and be a significant challenge to having control over our finances. Identifying Lifestyle Creep can be the best first step to bringing our finances into proper order. Support the show Get in touch with Paul Monthly Subscription to Catholic Money Tal...

Send us Fan Mail It is tough to say no to things, but it becomes easier when we really desire what we are saying yes to. A great question to ask ourselves when trying to make a financial decision is "If I say yes to this, what must I say no to?". This is how opportunity costs work. Many financial decisions we make come at the cost of saying no to another opportunity. I walk you through h...

Send us Fan Mail This is a brief introduction to Catholic Money Talk and why I decided to create the podcast. I talk about why we were created by God and how we can put that lens onto our financial decisions. Support the show Get in touch with Paul Monthly Subscription to Catholic Money Talk