How Money Works and what the Bible has to say about Stewardship
An IRA is an Individual Retirement Account. It is basically a retirement plan that allows you to save money for retirement with a tax advantage. This is a service provided by banks and various financial institutions as well as Insurance Companies that will manage your retirement savings. Depending on the type and how it is... Continue Reading →
Are we in an Inflation now? YES! Update: August 2022. This past July, inflation in the US hit 8.6%, that is for that month NOT the year! Thus, we are in one of the highest inflation rates in US history and in the world now. Yes, we are in a “Stag Inflation” How did we... Continue Reading →
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 →
“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 →
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 →
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 →
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 →
This could just be coffee and eating lunch out each day... How much can you save just by watching your spending?
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 →
One of the biggest problems families and especially singles have is how to manage their money. This really has nothing to do with income level, because the more we make, the more we tend to spend and thus, the more we get into debt and trouble. The cycle can be endless. However, with just... Continue Reading →
FINANCIAL PLANNING and STEWARDSHIP 