You may have noticed the major fluctuations in the stock markets recently. Like Mr. Toads Wild Ride at Disneyland, while you have the stomach flu. Unless, you are safely invested and protected. Did you know many financial institutions are making massive amounts of money from your losses? This is called, “short selling” or “going short” which I believe... Continue Reading →
Did your Retirement take a BIG Hit this Week?
Did your 401K become a 100.25k? Tough day for your IRA and other retirement accounts? None of my clients lost a penny. Yet, I feel your pain; I had it rough in 1987 and 2008. My clients at the big bank had huge losses, some lost it all. My personal portfolio with the big Wall... Continue Reading →
How to Pay Off your Debt Faster
How to Get Out of Debt Faster: Here are two of the best approaches to pay off debt. One is called the “Snowball” and the other is called the “Avalanche.” These work by accelerating the payoff by changing the order of your debts. Then, you will save hundreds to thousands of dollars in interest payments and reduce the time it takes to pay off the debt significantly. Sometimes cutting by years. And there is...
Understanding How Compound Interest Works
I have been an educator for over thirty years as well as an investment and financial advisor. One of the mathematical concepts I love to teach students and families is how compounding interest works. I will start off with a penny, then ask my students how much would they have in a month if they... Continue Reading →
What are the Ten Best Financial Moves?
Here are the top proven effective ways to get your financial house in order now and through your retirement. First, Pay off your Debt. Consumer debt like credit cards and car loans will literally eat you out of house and home. You will not be able to properly grow your future or take care... Continue Reading →
How to Handle Credit Cards
Do you have credit card debt? Is it a lot? Perhaps, unmanageable? This is a very easy trap that many fall into, that I have fallen into more than twice. And, I am a Financial Consultant who knows better. I did not take my own advice. Thankfully, I learned how to properly use credit cards,... Continue Reading →
The Best Financial Moves
What are the best basic financial moves a Christian must make? Here are the top six from Crown: First, make giving to the Lord’s work your top financial priority. The Bible calls us to honor the Lord with the first fruits of our wealth. I believe 10% of our gross annual income is the starting goal.... Continue Reading →
Good versus Bad Debt
Good debt is what is helping you build your future to take from today and build a better tomorrow. Such as a home mortgage that builds equity and is a place for you and your family to live and thrive. It can also be a business loan, which allows you to build a way to... Continue Reading →
What Does it Mean to be Rich?
Read James 5: 1-6 In biblical stewardship, what we chase is temporary and will rot, so why would we place our trust in it? Even those things we think are important usually are not! People who place their trust in wealth, accomplishments, education, self, or… are headed for trouble as it takes them away from... Continue Reading →
How to Work on a Budget
“The plans of the diligent lead to profit as surely as haste leads to poverty.” Proverbs 21:5 Budgeting is all about having a purpose and a plan for your money. So, you are telling your money where to go and what to do. Yet, many see this like a child being in trouble on a restriction, hence... Continue Reading →