Financial Analyst Has a Message for the Devout: Be Smart, Live Frugally, Keep the Faith

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Danny Fontana spends his days giving financial advice to all Americans, but right now he has a special message for people of faith: "Precipitous declines in stocks are going to force you to question your decisions-and your beliefs- but now is the not the time to change course."

Danny Fontana spends his days giving financial advice to a diverse group of Americans who call in to his radio program, the Danny Fontana Show. In light of the current economic times, however; he has a special message for people of faith: "Precipitous declines in stocks are going to force you to question your decisions-and your beliefs- but now is the not the time to change course."

Fonanta speaks directly to his faith-based listeners, "My worry as a professional is that you are going to want to get off the bus before you reach your destination. It would be a rational decision if the bus were out of gas. But there is plenty of gas."

Fontana knows the terrain at the intersection of God and money, well. A financial analyst, radio talk show host, and investor himself, he is also the author of 'A Christian's Guide to Investing', and regularly counsels those who take their faith and their money seriously. His advice: "Be smart with your investments and always look for spiritual lessons to learn."

"The first notion to consider is the nature of 'shaking' that is discussed in the book of Hebrews," Fontana notes. "When we turn from God, he will shake us to bring us back to Him. One of the ways to get our attention is to take away our money since that can be the number one competitor for His attention. There is a lesson here for all people-but especially for those who take their faith seriously."

Fontana also believes in the importance of tithing and challenges people to persevere in their giving; especially in the midst of financial challenges.

"Tithing is an essential act of obedience," Fontana says. "We cannot forget who our money ultimately belongs to, who is in control and who is taking care of us. There is a principle deeply embedded in the Bible that God blesses those who give to others with a joyful heart."

The rest, Fontana maintains, is good old fashioned common sense: "Live frugally, avoid debt that is not related to an appreciable asset, work hard, and stay in the market long-term if you can afford to," Fontana notes. "We always, always come out on the other side…you must keep your head. You must be smarter. You must be calm while all about you others are going nuts. Ultimately the strength to do this comes from faith."

To listen to Danny talk about finance, including the hot topics of the day, check out his website http://www.dannyfontanashow.com or listen live on AM 1220 WDYT.

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Toni Burge
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