The Compass Financial Ministry Podcast
A podcast dedicated to equipping everyone, everywhere, on what God has to say about money and possessions. Compass Financial Ministry is a donation-funded Christian non-profit that helps people grow closer to Jesus by aligning their finances to their faith. We do that by producing and distributing content like this that teaches what the Bible says about money, how you can apply it in your life, and how you can share it with others.
The Compass Financial Ministry Podcast
Your Money Counts Series - Investing by Trevor Naidoo
In this episode of the podcast Trevor focuses on Biblical principles of saving and investing. He emphasizes the importance of saving consistently to avoid financial crises and highlights the Biblical example of Joseph, who saved during years of plenty to prepare for famine.
Investing is discussed with a focus on steady plotting, which involves spending less than one earns and investing the difference over time. The concept of compounding is explained, highlighting its significance in growing investments.
This episode concludes by stressing the importance of preparation, budgeting, and strategic evaluation in financial decision-making, aligning these practices with Biblical teachings.
Learn more about what God says about money and gain access to free financial tools to aid you on your financial discipleship journey at CompassFinancialMinistry.org.