Chuck Bentley: How to Survive the COVID Crisis Financially

Guest Bios Show Transcript We’ve heard a lot about how to survive the coronavirus pandemic physically. But what about surviving financially? On this episode of The Roys Report, Chuck Bentley of Crown Financial Ministries joins Julie to discuss this crucial issue. Chuck offers practical steps people should take immediately to weather this storm. He also discusses an Open Letter he wrote, urging churches and Christian ministries to exercise extreme caution when considering taking government money to stay afloat. Perhaps most importantly, though, Chuck offers spiritual insights about overcoming fear so believers can honor God with their money during this time of uncertainty.  This Weeks Guests Chuck Bentley Chuck Bentley is CEO of Crown Financial Ministries, the largest Christian financial ministry in the world, founded by the late Larry Burkett. He is the host of a daily radio broadcast, My MoneyLife, featured on more than 1,000 Christian music and talk stations in the U.S., and author of his most recent book Money Problems, Marriage Solutions. He also serves on the board of Foundations for Farming in Zimbabwe, an initiative dedicated to helping the ultra-poor learn to flourish using local resources. Chuck is the founder and executive director of the Christian Economic Forum, a global community of high achievers with a higher calling. Chuck and his wife, Ann, both graduates of Baylor University, have been married since 1978. They can be found reading and spending time outdoors with their family at their home in Knoxville, Tennessee, when they are not traveling the world together to advance Crown’s mission. They have four adult sons, two daughters-in-law, and five grandchildren. Show Transcript JULIE ROYS:  We’ve heard a lot about how to survive the Coronavirus pandemic physically, but what about surviving financially? Welcome to The Roys Report—a podcast dedicated to reporting the truth and restoring the church. I’m Julie Roys. And today I’m coming to you from my home in the Chicago suburbs instead of our normal studio, like most of us who are all sheltering in place and just trying to get through this Coronavirus crisis. And of course, our first concern has been surviving this pandemic physically, but many of us are suffering financially as well. And we’re wondering how we’re going to make it. Christian ministries, as well, and nonprofits are getting hit really hard. In fact, I heard from a major sponsor of this podcast saying, “Man, we just can’t afford to do anything that’s non-essential at this point.” So, they’re having to pull back and I get it. Donations are down. We have to tighten our belts. But now, the government has passed, what’s called, The Cares Act which provides money for nonprofits. Yet some say this is a Trojan horse and Christian ministry should exercise extreme caution before taking that money. Well, joining me today is Chuck Bentley of Crown Financial Ministries. And I’m so looking forward to getting his input on these critically important issues. But before I do, I want to take a minute to thank our sponsors. One of them is Marquardt of Barrington. And right now, you can shop for a car at Marquardt from the comfort of your own home. To see their showroom, just go to BuyACar123.com. And if you live in the Chicago area, Marquardt will drop off the car at your home for an extended test drive. Plus, right now Marquardt is offering 0% financing for 84 months. That’s seven years of zero interest. So again, you can just go to BuyaCar123.com. Also, I want to remind you that Judson University’s next World Leaders Forum is October 20, at the Renaissance Schaumburg Convention Center. And the speaker for that event will be General David Petraeus—a four-star general and former director of the