The world is becoming more complex every day. Technology solves problems and creates new ones. How do you keep up?Among so many other things today, maybe you’ve noticed that managing your finances is increasingly complicated and involves more than balancing a checkbook. Sharon Epps joins us today with some much-needed advice—the 5 Ds of a Financial Reset.Sharon Epps is the president of Kingdom Advisors, FaithFi’s parent organization. Kingdom Advisors serves the broad Christian financial industry by educating and equipping professionals to integrate biblical wisdom and financial expertise.1. Define Your Financial VisionThe first step in a financial reset is to Define your standard of living. This goes beyond just wanting financial health; it’s about understanding your deeper motivations. What is your “why”? The Bible reminds us in John 10:10 that Jesus came so that we might have life and have it abundantly. This abundant life isn’t about wealth but about living a life full of peace and purpose. Define what that means for you and let it guide your financial decisions.2. Declutter Your Life and FinancesNext, it’s time to Declutter—and not just your finances but your physical space as well. Spend a weekend going through your home, room by room, asking yourself if each item is still useful. If you haven’t used something in the last year, consider selling it or giving it away. Decluttering your home can go a long way toward decluttering your life, making space for what truly matters.3. Delay Impulse PurchasesThe third step is to Delay your impulse purchases. Create a list of things you want to buy and note the date next to each item. Commit to waiting 30 days before making any purchase. More often than not, you’ll find that you didn’t really need or want the item after all. This simple habit can help you make more intentional spending decisions.4. Detect Spending HabitsThe fourth “D” is Detect. For 30 days, track all your spending and review your expenses. With today’s technology, this process is easier than ever since most of us rarely use cash. You can quickly review your bank and credit card statements online. As you do this, ask yourself what you would change. The FaithFi app is a great tool for this. It allows you to combine all your accounts in one place and helps you and your spouse stay on the same page regarding your finances.5. Decide on Your Spending and Giving PlansFinally, it’s time to Decide on your financial future. Overhaul your budget, check your priorities, and decide where your money will go. Make “giving” an essential part of your budget. Consider where you can cut expenses to be more generous, whether to your church or a ministry you’re passionate about. This step is about re-establishing your priorities and returning to the basics—financially and spiritually.The “5 Ds of a Financial Reset” offers a practical and spiritual approach to managing your finances in today’s complex world. By defining your financial vision, decluttering your life, delaying impulse purchases, detecting spending habits, and deciding on your budget, you can regain control of your finances and realign them with your spiritual values. Remember, tools like the FaithFi app can make this process even easier, helping you stay organized and focused on what truly matters.On Today’s Program, Rob Answers Listener Questions:I plan to retire in a couple of years and work with two different financial advisors. One advisor suggested that I defer my Social Security until age 67 to get a higher monthly benefit. The other advisor says I should start taking Social Security right away so I don't have to withdraw as much from my 401(k), which has over $1 million. I'm trying to decide which approach is better for my situation. What are your thoughts on whether I should delay Social Security or start taking it earlier?I recently got a letter from the IRS stating that I have a retirement fund in another state that I completely forgot about. I've lived in several states and tried to reach out to the previous employer, but they keep giving me different numbers to call, and no one is able to help me locate this account. Should I be concerned about this? Will the IRS handle it for me since they received the 1099 form?My wife and I are both retired - I'm 65, and she's 66. We bought a condo for $280,000 about four months ago and financed $80,000. We plan to stay there forever, and our kids are not interested in the condo when we're done with it. I wonder if getting a reverse mortgage on that $80,000 would be a smart idea for us. We don't have a tremendous amount saved for retirement, but we should be able to get by on our Social Security. Would a reverse mortgage make sense in our situation?I recently inherited some money from my mother, who passed away last fall. I'm looking for the best place to invest that money to get the best CD rates. What would be the best way for me to find the ...