Looking for Christian Counsel on Money Matters?
This podcast provides Christian Stewards like you with professional insights about creating a Financial Plan and strengthening your bond with God, all from a biblical perspective.
Each episode is based on current news events and insights around the 4 pillars of Christian Investing:
-Debt Management
-Savings
- Investing and
-E ...
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In today's episode, we visit an article by Dr. Art Rayner that discusses the seven lies teenagers believe about money. This episode is crucial for parents, grandparents, and young adults alike. Therapists often say that how we think and act today is influenced by our upbringing. With busy work schedules and school activities, monitoring our kids 24/7 is just not feasible. Even as our children grow into adults and have kids of their own, it's impossible to oversee every aspect of their lives. But who gets most of their time? Their friends and cell phones. These devices bombard them with overwhelming information, forcing them to learn how to process and distinguish between right and wrong. This discernment comes from discipline, responsibility, and a willingness to follow the word of God, regardless of what their friends or phones say. One area that can create a significant gap between you and your child is money. They are developing money scripts that they carry into adulthood and pass on to their children. If they accept these scripts without questioning, we could face another generation of financial illiteracy. The first lie is that the Bible doesn’t speak about money. This is easily refutable; the Bible contains approximately 2,000 verses about money, possessions, and stewardship. The second lie is that money will make you happy. While money can provide temporary pleasure and meet basic needs, it doesn't guarantee long-term happiness. The third lie is that material wealth equals real wealth. Media often portrays wealth as luxurious cars, houses, and jewelry. True wealth, however, is about being satisfied with what you have. The fourth lie is that the decisions you make now don’t matter. Starting early with financial planning and saving can significantly impact your future financial stability. The fifth lie is that everything will eventually work itself out. Financial security requires planning and effort, not whimsical thinking. Without planning, you might face financial insecurity in your later years. The sixth lie is that you don’t need to know much about money. Financial literacy is crucial for managing your resources and achieving your goals. Lack of financial knowledge can lead to poor decision-making and missed opportunities. The seventh lie is that the little money you have won’t make a difference. Even small amounts can have a significant impact when managed wisely. Understanding this can help you make better financial decisions. 💵Sign up for a Christian Finance Consultation and create your Financial Plan Today! https://calendly.com/abridgewaywm/consultation Next Steps 📞 Have a question for the show? Email us at: aridgeway@abrwealthmanagement.com 🏠 Visit our Website: https://www.abrwealthmanagement.com *Disclaimer: This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. This is strictly for information purposes. We recommend you speak with a professional financial advisor. article: https://www.faithfi.com/art-rainer/7-money-lies-teenagers-are-believing-right-now-2391 #FinancialAdvice, #ChristianFinance, #MoneyManagement
In this podcast, we delve into the tragic story of the Fandango founder, who was recently identified as the man who committed suicide in New York earlier this week. This heartbreaking event has shocked many and serves as a powerful reminder that wealth and success do not always equate to happiness or mental well-being. The founder of Fandango, a major online movie ticketing service, had seemingly achieved the pinnacle of success. With a thriving business and financial stability, it appeared that he had everything one could desire. However, this tragic incident highlights the often unseen and unspoken struggles that people may face, regardless of their outward appearances. Mental health is a critical issue that affects individuals from all walks of life. Despite his accomplishments and the public perception of his success, the Fandango founder's story underscores the importance of addressing mental health issues and the need for support systems for everyone, regardless of their socio-economic status. In this podcast, we aim to raise awareness about the importance of mental health and the need to check in on our loved ones. It's essential to recognize that success and financial stability do not shield anyone from mental health challenges. By sharing this story, we hope to encourage open conversations about mental health and to remind people that it's okay to seek help when needed. We also discuss the pressures and stresses that come with high-level success and how they can contribute to mental health struggles. The societal expectations and personal burdens that accompany financial success can be overwhelming, making it crucial to find healthy coping mechanisms and support networks. Join us as we explore the life and legacy of the Fandango founder, the pressures he faced, and the financial lessons we can learn from this tragic event. This podcast is a call to action for everyone to be more aware of mental health issues and to support those who may be silently struggling. Also to recognize that money only solves money matters. Remember, it’s essential to take care of your mental health, just as you would your physical health. If you or someone you know is struggling, don't hesitate to reach out for help. There are resources and people who care and can provide the necessary support. 💵Sign up for a Christian Finance Consultation and create your Financial Plan Today! https://calendly.com/abridgewaywm/consultation Next Steps 📞 Have a question for the show? Email us at: aridgeway@abrwealthmanagement.com 🏦 Download our Free E-book- https://www.abrwealthmanagement.com/freechristianfinancebook 🏠 Visit our Website: https://www.abrwealthmanagement.com *Disclaimer: This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. This is strictly for information purposes. We recommend you speak with a professional financial advisor. #fandango #mentalhealth #wealth #god #jesus #money
In this deeply moving podcast, we discuss the recent passing of Joe "Jelly Bean" Bryant, the father of legendary basketball player Kobe Bryant. Joe Bryant's contributions to the world of basketball and his legacy are remembered and honored. His death, however, brings to light an important, yet often overlooked topic: financial planning for the inevitable. Losing a loved one is never easy, and it can be even more challenging when dealing with the financial aftermath. This video aims to shed light on the crucial steps one should take to ensure that their financial affairs are in order. We delve into the importance of writing a will, which serves as a legal document that specifies how your assets should be distributed after your death. Additionally, we discuss the role of appointing beneficiaries. This step is vital in designating who will receive certain assets such as life insurance policies, retirement accounts, and other financial products. Properly appointed beneficiaries can ensure that your wishes are honored swiftly and without legal complications. The topic of financial planning for death is often uncomfortable, but it is essential for protecting your family's future. We explore the various tools and strategies available to manage this process efficiently. Beneficiaries and wills are just the beginning; we also touch upon the importance of trusts, estate taxes, and healthcare directives. Incorporating these financial planning steps can provide peace of mind, knowing that your loved ones will be taken care of. This podcast offers actionable advice, expert insights, and real-world examples to help you navigate this complex but necessary process. Join us as we honor Joe "Jelly Bean" Bryant's legacy and use this moment as an opportunity to educate and prepare. Ensuring that your financial affairs are in order is one of the most loving and responsible things you can do for your family. Don't miss this essential discussion on how to secure your family's future and maintain your peace of mind. We encourage you to take notes, ask questions, and even share your experiences. Let's make financial planning for death a topic we can openly discuss and prepare for, making life's inevitable transitions a little less daunting. 💵Sign up for a Christian Finance Consultation and create your Financial Plan Today! https://calendly.com/abridgewaywm/consultation Next Steps 📞 Have a question for the show? Email us at: aridgeway@abrwealthmanagement.com 🏦 Download our Free E-book- https://www.abrwealthmanagement.com/freechristianfinancebook 🏠 Visit our Website: https://www.abrwealthmanagement.com *Disclaimer: This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. This is strictly for information purposes. We recommend you speak with a professional financial advisor. #FinancialPlanning, #Legacy, #EstatePlanning, #WillWriting, #Beneficiaries, #Trusts, #PeaceOfMind
A.B. Ridgeway addresses the common financial pitfalls associated with vacation spending. He emphasizes the importance of planning and budgeting for vacations to avoid long-term debt. Ridgeway shares personal insights and professional advice on how to enjoy a well-deserved break without compromising financial health. He advocates for a proactive approach to financial planning and mental well-being, ensuring that vacations enhance life rather than serve as temporary escapes from stress. 5 Key Takeaways: Understand the Cost of Debt:Many Americans are still paying off vacation-related credit card debt months after their trips. For instance, a $2,000 vacation with a 27% interest rate could end up costing an additional $300. This highlights the importance of considering the true cost of borrowing money for leisure activities. Address the "I Deserve It" Mentality:The belief that one deserves a vacation due to stress can lead to impulsive financial decisions. Instead of using vacations as a temporary escape, it's crucial to address the underlying issues causing stress. This way, vacations become a reward for resolving problems rather than a way to avoid them. Plan and Budget Thoroughly:Proper planning and budgeting are essential for a stress-free vacation. This includes researching costs, adding a 20% buffer for unforeseen expenses, and ensuring all current debts are paid off before incurring new ones. This method helps prevent post-vacation financial strain. Prioritize Financial Health:Before planning a vacation, focus on paying off existing debts and building a savings buffer. Ridgeway recommends accumulating three to six months' worth of expenses to protect against financial emergencies. This approach ensures that vacations do not compromise long-term financial stability. Choose Affordable Vacation Options:It's important to plan a vacation that fits within your financial means. Whether it's a luxurious international trip or a simple staycation, the key is to enjoy a break without incurring debt. Ridgeway emphasizes the value of aligning vacation choices with what one has genuinely earned and can afford. Quotes: "Think about this, what could you do with an extra $300 besides give it to a credit card company?" "We want vacation to be a proactive response to a happy life, not a reactive response to a bad one." "You need to get away from the 'I deserve it' myth and focus more on the 'I've earned it' reality." 💵Sign up for a Christian Finance Consultation and create your Financial Plan Today! https://calendly.com/abridgewaywm/consultation 📞 Have a question for the show? Email us at: aridgeway@abrwealthmanagement.com 🏠 Visit our Website: https://www.abrwealthmanagement.com *Disclaimer: This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. This is strictly for information purposes. We recommend you speak with a professional financial advisor.
Breaking news! Trump was just injured by what seems to be bullets. Here is the audio. 💵Sign up for a Christian Finance Consultation and create your Financial Plan Today! https://calendly.com/abridgewaywm/consultation Next Steps 📞 Have a question for the show? Email us at: aridgeway@abrwealthmanagement.com 🏦 Download our Free E-book- https://www.abrwealthmanagement.com/freechristianfinancebook 🏠 Visit our Website: https://www.abrwealthmanagement.com *Disclaimer: This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. This is strictly for information purposes. We recommend you speak with a professional financial advisor.