Episode notes
Episode Summary: In this episode of "Financial Advisors, Say the Darndest Things," AB Ridgeway, a Christian financial advisor, delves into the importance of understanding and tracking expenses for Christian investors. He emphasizes the need to take control of one's finances to become better stewards of God's wealth. AB provides practical steps to determine expenses, differentiate between discretionary and non-discretionary expenses, and set savings goals aligned with biblical principles.
Key Takeaways:
- Understanding Expenses: AB highlights the significance of knowing where one's money is going by analyzing past transactions, whether digital or paper statements. By identifying discretionary and non-discretionary expenses, individuals can gain clarity on their financial habits and ...
Keywords
Setting Up Your BudgetIncrease Your SavingsTracking Your Expenses