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Faith & Finance

Faith & Finance

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Faith & Finance is a daily radio ministry of FaithFi, hosted by Rob West, CEO of Kingdom Advisors. At FaithFi, we help you integrate your faith and financial decisions for the glory of God. Our vision is that every Christian would see God as their ultimate treasure. Join Rob and expert guests as they give biblical wisdom for your financial journey and provide practical answers to your pressing financial questions. From budgeting and debt management to investing and stewardship, Faith & Finance equips listeners with insights to handle money wisely and live generously for God's Kingdom. Listen now or ask your question live by calling 800-525-7000 each weekday from 10-11 a.m. ET on American Family Radio and 4-5 p.m. ET on Moody Radio. You can learn more at FaithFi.com.Copyright 2023-2025 FaithFi: Faith & Finance Cristianismo Economía Espiritualidad Finanzas Personales Ministerio y Evangelismo
Episodios
  • New Baby, New Budget: Your Financial Checklist for New Parents

    New Baby, New Budget: Your Financial Checklist for New Parents
    Mar 6 2026
    “Behold, children are a heritage from the Lord, the fruit of the womb a reward.” - Psalm 127:3 Children are a precious gift from God—an inheritance to cherish and steward well. Along with the joy of welcoming a new baby comes a new layer of responsibility, including financial decisions that can shape your family’s future. A thoughtful checklist can help bring clarity and peace during a season that is both beautiful and demanding. Here are several key financial steps to consider after bringing a newborn home. Add Your Baby to Health Insurance In the midst of sleepless nights and constant diaper changes, don’t forget to update your health insurance. Most plans allow about 30 days after birth to add your baby to your policy. While reviewing your coverage, confirm that pediatric care, vaccinations, and potential hospital visits are included. The birth of a child qualifies as a life event, meaning you can make necessary adjustments to your plan. Review Your Life Insurance Coverage Life insurance is essential for parents—not for the baby, but for you. A common guideline is to carry term life insurance equal to at least 10 times the primary breadwinner’s salary. Don’t overlook the caregiving spouse either. Replacing the cost of childcare, household management, and daily care would be significant, making coverage for both parents wise and necessary. Update Your Budget A new baby brings new expenses—and often quickly. Consider creating a dedicated “baby” category in your budget to account for diapers, wipes, clothing, feeding supplies, and medical needs. You may need to shift funds from other areas to stay balanced. Planning now can ease stress later and help you adjust as needs evolve. Create or Update Your Will A will is not just about distributing assets—it’s where you designate a guardian for your child. While this can feel like a difficult decision, having a plan in place is essential. After prayerful consideration, choose someone who would care for your child with wisdom and love. You can always revise your decision later. A clear will can also prevent confusion or conflict and ensure your assets pass according to your wishes. As Proverbs 13:22 reminds us, “A good man leaves an inheritance to his children’s children.” That inheritance includes not only finances but also a legacy of faith and stewardship. Strengthen Your Emergency Fund If you don’t already have an emergency fund, aim to save three to six months of living expenses. If you had one before your baby arrived, you may need to increase it to reflect higher monthly costs. Unexpected medical bills, job changes, or major purchases—such as strollers or childcare—can quickly strain finances. A strong emergency fund provides stability during uncertain moments. Update Your Taxes and Withholding With a new child, you can claim an additional dependent on your tax return, which may qualify you for a child tax credit of up to $2,200 per child. You’ll also want to update your W-4 at work so your withholding reflects your new household size. This may increase your take-home pay throughout the year. Begin Education Savings Starting early can make a significant difference. A 529 plan allows tax-free investment growth for qualified education expenses, including private K–12 schooling, vocational training, and college. You can open a plan in any state, and family members or friends can contribute to it. New options like the Trump Accounts opening up in July of 2026—are government-seeded investment accounts designed to support future education, business startup costs, or homeownership—are also expanding the ways families can plan ahead. Protect Your Child’s Identity Finally, consider placing a credit freeze on your child’s file with the major credit bureaus. This simple step can help guard against identity theft and prevent unauthorized accounts from being opened in their name. Stewarding the Gift Welcoming a child is one of life’s greatest joys—and one of its greatest responsibilities. Financial preparation won’t eliminate every uncertainty, but it can create stability and margin for what matters most: loving your child and pointing them toward Christ. As you plan, remember that the ultimate inheritance you pass on is not financial—it’s a legacy of faith, wisdom, and trust in the Lord who provides for every season. On Today’s Program, Rob Answers Listener Questions: How can I evaluate whether a ministry is a wise place to give? I’ve received appeals from the Far East Broadcasting Company about outreach into North Korea, but I don’t know how to vet them.At 70 and 75, after health and job setbacks, we want to steward about $30,000 wisely for our kids and 15 grandkids. We’re not experienced investors—what’s the best way to handle this at our stage of life?I began Social Security at full retirement age but still work full-time. My benefit hasn’t been recalculated despite higher earnings. Who ...
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    25 m
  • A Home for This Season with Harlan Accola

    A Home for This Season with Harlan Accola
    Mar 5 2026
    Homes hold memories. They hold family history, meaning, and for many, a lifetime of love. But as we age, the very places that once felt secure can quietly become harder—and riskier—to live in. Most homes in the U.S. were never designed for aging bodies. Yet many older adults feel emotionally and financially locked in. The result? Families delay important housing decisions until a crisis forces change. Today, we were joined by Harlan Accola, who leads the reverse mortgage team at Movement Mortgage, about a lesser-known option that may help older adults move into safer homes—without taking on new required monthly payments. The Hidden Danger: Falls at Home Falls are far more common—and costly—than most people realize. Roughly 30 million older Americans fall each year. About one in five of those falls results in serious injury, often leading to hospitalization. The direct medical costs alone total nearly $50 billion annually. But the emotional and lifestyle costs for families can be even greater. What’s sobering is where these falls happen. Not in extreme situations—but in ordinary places: StairwaysBathroomsEntrywaysNarrow hallways These everyday features become obstacles as mobility changes. Why So Many Homes Don’t Fit Aging Adults Most homes were built decades ago for young families in different stages of life. Only a small percentage include basic accessibility features such as: Step-free entriesMain-floor bedroomsMain-floor bathroomsWider doorways and hallways As a result, stairs, tubs, and tight spaces often push older adults toward assisted living or nursing homes—not because they want to move, but because their homes no longer support their safety. Why Many Families Feel “Stuck” Even when homeowners recognize their house isn’t ideal anymore, they often hesitate to move. There are two major reasons: 1. Emotional Attachment This is the home where children were raised, and milestones were celebrated. Letting go isn’t easy. 2. Financial Lock-In Many retirees either: Have very low mortgage rates (2–3%), orOwn their homes outright They worry that selling means taking on a new mortgage payment—something they might regret later in life. So they stay…often until something goes wrong. A Little-Known Option: Reverse Mortgage for Purchase Many people assume a reverse mortgage is only for accessing equity in their current home. But there’s another option: using a reverse mortgage at the point of purchase. Here’s how it can work: A homeowner sells their current home.They use the proceeds to purchase a new, safer home.A reverse mortgage helps cover the difference. For example: Sell a $300,000 home.Purchase a $500,000 home.Use a $200,000 reverse mortgage for purchase. The key distinction? No required monthly mortgage payments for as long as the homeowner lives in the home. That opens the door to: Newer constructionEnergy-efficient homesLow-maintenance propertiesBetter design for aging in place A Shift in Thinking: Prevention, Not Reaction One of the wisest principles in Scripture is found in Proverbs 27:12: “The prudent see danger and take refuge.” Housing decisions in later life should reflect that kind of prudence. Rather than waiting for: A fallA wheelchairA medical emergency Families can proactively ask: How can we use the housing wealth we’ve built to improve safety and quality of life—while we’re still healthy? When purchasing a home for the “fourth quarter” of life, it shouldn’t just be your best home—it should be your safest home. Stewarding Home Equity Wisely Interestingly, two-thirds of retirees still carry a mortgage. Even when downsizing, some may still need financing. A reverse mortgage for purchase can allow retirees to: Avoid required monthly paymentsPreserve some cash for investments or future needsMove into a safer homeMaintain flexibility Like any financial tool, it isn’t right for everyone. But for some families, it may provide a path forward they didn’t realize existed. Moving Forward Housing is more than real estate—it’s stewardship. It’s about safety, dignity, and wise preparation for the season ahead. If you’d like to learn more about whether a reverse mortgage for purchase could fit your situation, you can explore your options at Movement.com/Faith. As with any major decision, seek wise counsel, pray for clarity, and take steps not just to protect your assets—but to protect your well-being. On Today’s Program, Rob Answers Listener Questions: My grandfather set up 529 plans for my two older kids. If there’s money left after they graduate, can I transfer it to my younger daughter? And once she’s finished, could I split any remaining funds into separate accounts for each child’s future family?I often hear advice to put 10% into precious metals for retirement. What’s your take—and is there a biblical perspective on that? Also, in retirement, when we’re living off savings, how should we think about tithing? Do we ...
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    25 m
  • Why the Bible Changes Everything About Money with Ron Blue

    Why the Bible Changes Everything About Money with Ron Blue
    Mar 4 2026
    What if the Bible doesn’t just give us advice about money—but reshapes the way we think about it entirely? The messages we absorb from culture shape our fears, our goals, and even where we look for security. But Scripture offers a different foundation—one that brings clarity, freedom, and purpose to every financial decision. Ron Blue—co-founder of Kingdom Advisors and a pioneer in biblical financial stewardship—joined the show today to share how Scripture reframes our assumptions about money and calls us into a deeper, more faithful way of living. The False Promise of Security One of the most powerful cultural assumptions about money is that it provides security. We spend much of our lives trying to answer the question: How much is enough? But Scripture turns that question upside down. True security, the Bible teaches, isn’t found in wealth, savings, or income—it’s found in God alone. Culture urges us to pursue more, feeding discontent and anxiety. Scripture calls us instead to pursue faithfulness. Money can create the illusion of certainty. But it cannot protect us from life’s ultimate realities. It cannot buy peace. It cannot purchase eternity. Only God provides the kind of stability that lasts forever. Contentment Is a Spiritual Choice Many people feel that no matter how much they have, it never feels like enough. Scripture addresses that tension directly. Hebrews 13:5 calls us to “be content with what you have,” reminding us that contentment isn’t a financial outcome—it’s a spiritual posture. Contentment grows when we trust that God knows our needs and promises to provide for them. Gratitude replaces striving. Peace replaces fear. Joy replaces comparison. Fear often sits beneath our financial habits—the fear of not having enough or losing what we already have. But Scripture gently redirects our hearts: God is our provider, and He will supply what we need when we need it. From Ownership to Stewardship Another assumption Scripture overturns is the idea that what we have belongs to us. The Bible consistently teaches that God is the true owner of everything. He created it. He sustains it. And for a season, He entrusts resources to us. That changes the central question of our financial lives. Ownership asks: What do I want? Stewardship asks: What does God want? When we see money as something entrusted to us rather than as something we possess, it reshapes how we spend, save, give, and plan. We begin to live not as controllers, but as faithful trustees—managing God’s resources for His purposes. Scripture also helps us understand a difficult reality: people receive different amounts of resources. God loves each of us equally, but He treats us uniquely. He knows what each person needs and what each can faithfully steward. That perspective invites trust instead of comparison. Much like a loving parent treats each child according to their personality and needs, God provides for each of His children differently. What we have today is not random—it reflects His wisdom and care. The Next Faithful Step When Scripture reshapes our understanding of money, the goal isn’t perfection—it’s faithfulness. The question becomes simple and practical: What is my next faithful step? Not how much more can I accumulate. Not how secure can I make myself. But how can I steward what God has entrusted to me today? That perspective brings freedom. It replaces pressure with purpose and transforms money from a source of anxiety into a tool for worship, generosity, and trust. Because in the end, the Bible doesn’t just change what we do with money—it changes what we believe about it, and ultimately, who we trust to provide. On Today’s Program, Rob Answers Listener Questions: I have about $40,000 in credit card debt, and I’m trying to decide the best way to tackle it. Should I pursue credit counseling or consider a home equity loan—and why might credit counseling be the better option?I want to be a faithful steward of what God has entrusted to me, and I’m trying to understand the difference between tithing and offerings. I haven’t been giving a full 10% of my gross income, and I’m wondering if I’m missing the mark. Can you offer some clarity?I’m about to apply for Social Security and want to know the best way to do it. Is it better to apply online, by phone, or in person at a local office? Resources Mentioned: Faithful Steward: FaithFi’s Quarterly Magazine (Become a FaithFi Partner)Tithing: A Fresh Look at an Ancient Practice (Article by John Cortines in Faithful Steward, Issue 3)Christian Credit CounselorsSocial Security Administration (SSA.gov)Our Ultimate Treasure: A 21-Day Journey to Faithful StewardshipWisdom Over Wealth: 12 Lessons from Ecclesiastes on MoneyLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA)FaithFi App Remember, you can call in to ask your...
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    25 m
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