Catholic Money Talk
Welcome to Catholic Money Talk where we talk about all things money and finance. Many times we look at financial decisions and money matters in a vacuum. But here we try to look at these same items through a Catholic lens. If God made us to know him, love him, and serve him in this life so that we can be happy forever with him in the next, we need to determine how we can know, love, and serve him with our finances. We tackle topics like debt, home buying and other large purchases, insurance, budgeting, generosity, saving, and investing as well as educating our kids with good financial principles that will benefit them for life. We acknowledge that all we have belongs to God and we want to be good stewards of all that he has blessed us with.
Catholic Money Talk
Episode 62 - How to live below your means
This is a replay of episode 9. After my last few episodes, I thought offering an episode bringing people back to the basics would serve as a reminder to long-time listeners and a great starter for any new listeners.
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 to respond to what he is calling us to.
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