In our society, it seems very normal to go into debt straight out of high school, but there are several reasons why this is a highly risky move, even for a gifted and hardworking student.
It’s never too early (or too late) to start thinking about college savings for your children. As tuition rates continue to rise and the job market becomes fiercely competitive even for college graduates, planning for this aspect of your child’s future is essential for your overall financial planning strategy.
Everyone needs a financial plan unique to their goals and desires, but there are a few “money management truths” that are smart strategies for everyone, regardless of income level or stage of life. Here are the 7 money management tips we recommend for creating a strong financial foundation!
A financial planner is like your coach in the game of investing. They are there to help you make strategic plays and choose strategies to help you reach financial goals.
Some may say that investing is morally neutral ground – that the actions of businesses we invest in are not directly our responsibility, especially if we are far removed from the decision-making processes at play. However, the Bible teaches us a different lesson that we should pay close attention to if we want to serve the Kingdom of Heaven.
Are investors really responsible for the unintended consequences of their choices? Many investors are solely putting their money into “the market,” and don’t ever consider that what companies do and don’t do could be part of their responsibility. Think about how Jesus taught. Every choice we make determines which Kingdom we are nurturing.
Do you find yourself having frequent conversations surrounding finances with your spouse? What about none at all? Finances are a common point of contention in many marriages. It’s not something to be ashamed of, but it doesn’t have to be something you live with either. We believe it’s important for client couples to be on the same page regarding their finances. Here is why this matters and what we do to encourage unity!
Whether your child is just taking their first steps or if they’re getting ready for high school, it’s never the wrong time to start planning for college. However, depending on their age and goals for the future, you may need different financial strategies to ensure they can do exactly what they want in the future.
If you’ve worked hard to build up significant wealth for you and your family, the last thing you want to do is start giving pieces of the pie away to third parties. Tax planners, financial advisors, legal experts, and other professionals in the financial sector all want to be a part of your portfolio management. While it may be tempting to do it yourself (or at least as much as you can), there are many reasons why having a financial advisor is in your best interest.
In our previous “How to Maximize Your Business for Kingdom Impact” blog, we talked about the verse John 10:10, which states: “The thief comes only to steal and kill and destroy. I came that they may have life and have it abundantly.” This verse is one of the most...