Money is not your foe, nor is it meant to be your goal; rather, it is a tool you can use wisely!

Most people do not understand how money works, nor do they have a healthy relationship with money. It is rarely taught in school, and children just pick up bad habits from parents. Money is usually seen with fear, guilt or with the desire of greed. Nevertheless, that is not what money is meant for. It is a means to get us where we need to go. It is not where we go to.

We need to have the right priorities with money. If we overspend, we get into debt and miss what we are supposed to be doing. Thus, we need to get over the guilt of overspending too. Not hoarding our money and not using it, that is just as bad. Think about how the economy works. Money is to be in motion and circulating. There are growers, producers, makers, then there are distributors, and then the retail outlets. All looking for consumers. When someone purchases an item, they are consumers who are also the makers and producers and so forth. It is a cycle; each one needs the other to function. The economy shuts down when people are not producing or consuming in a healthy manner. As greed can take over, which caused every stock market crash and recession. We need to have a healthy balance of savings, retirement planning, which is money for your future, separated from our spending for today. If these get out of balance, you will not have enough when in need and too much when you do not need it.

This all comes down to this point; money is to be a strategy.

Money is a Tool!

“Be diligent to know the state of your flocks, and attend to your herds.” Proverbs 27:23 When we view money as a tool, we can be diligent to create plans and prioritize them. If we need a new car, how we will go about it? Choose by desire or is there a better way. We…Continue Reading →

Money is Not Your Enemy

 “The plans of the diligent lead to profit as surely as haste leads to poverty.” Proverbs 21:5 Money is not your foe, nor is it meant to be your goal; rather, it is a tool you can use wisely! Yet, most people do not understand how money works, nor do they have a healthy relationship…Continue Reading →

Money Grows in Three Main Ways

Here is How You Money Can Grow  The two ways that affect your money the most is the way it grows and the way it is taxed! Money Grows in Three Main Ways Most financial advisors state that money grows in two ways, variable and fixed. However, there is a third way, called an Index…Continue Reading →

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 →

How Can Your Money Work for You?

“The rich rule over the poor, and the borrower is slave to the lender.” Proverbs 22:7   The Government and Banks Do Not Want you to Know How Money Works! This is why finance and money management are not taught in public schools. There are no classes on budgeting, taxes, financial anything, just math that 99%…Continue Reading →

Eight Financial Risks to Avoid

“The rich rules over the poor, and the borrower is the slave of the lender.” Proverbs 22:7 We need to know that our money is always at risk when we place it in the market and other investment means where there is the potential and even certainty of loss. What is financial risk? It usually means…Continue Reading →

What Causes Inflation?

This is a question we have received a lot lately, will there be inflation because the Fed lowered the rates? It is too early to tell; however, all signs show no. Unless, the government continues its ineptness and does not respond to the COVID-19 effectively. Then, if they decide to make everything worse by treating…Continue Reading →

The Dark World of Finance

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 →

What makes the Stock Market Go Up or Down?

What Powers the Stock Market? Pretty much it is all about fear and greed.  “Do not be deceived: God cannot be mocked. A man reaps what he sows. Whoever sows to please their flesh, from the flesh will reap destruction; whoever sows to please the Spirit, from the Spirit will reap eternal life.” Galatians 6:7-8 Hence the crazy reactions…Continue Reading →

How Does the Housing Market Prices and Mortgages all Work?

This week, the Federal Reserve (Fed) cut the federal funds rate and the prime rate. How will this affect the mortgage rate and housing prices? How much influence does the Fed have? A lot, but that is not the whole story. There are many other facts that chime in for mortgages and housing prices. The…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 Manage Your Finances During a Crisis

  With most of American business shut down and millions of people out of work, while small business owners are suffering, we need a new plan. First of all, remember good stewardship and budgeting. Think and plan for what you need, not what you want. Now, you may need to get stricter with where your…Continue Reading →

Good verses 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 →

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…

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 →

Handling Credit Cards

This is a very simple concept and will alleviate most of your money struggles and marriage arguments. Credit cards are a tool when you are in a great need. It is always best to play them off each month. What credit cards are not, is being your money! They are not your income or your…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 →

6 Apps That Can Simplify Your Money Life

From Forbs, here are some good leads to check out: If you’re the C.F.O. of your household, then you’ve probably wondered if there isn’t a techie solution for managing your finances. The problem is that there are probably too many options out there. The onslaught of offerings that you’ll find when you visit the app…Continue Reading →

This could just be coffee and eating lunch out each day… How much can you save just by watching your spending?

Bible Verses on Money

There are about 2,000 verses on Money in the Bible, most are illustrations and repeated wisdom. Here are the top Bible passages about finances that deal with money, debt, giving, and motivations. Here you can find out how you can be a wise steward of the resources God has given you. “Then some soldiers asked…Continue Reading →