Finance, Investing

YOU’RE BIGGEST PAYDAY OF YOUR YEAR HAPPENING THIS WEEK! HOW YOU SHOULD SPEND YOUR STIMULUS CASH

STIMULUS IS COMING, FOR MANY, THIS WEEK. WITH WHAT COULD BE ONE OF THE LARGEST PAYCHECKS YOU’LL EVER RECEIVE, WHAT SHOULD BE YOUR APPROACH TO HANDLING THIS MONEY?

It’s Payday!!!

You’ve been hearing the news of another stimulus for sometime now and the week has finally arrived. Regardless of your feelings toward the government or your take on the decision for stimulus, it’s happening and depending on how you get your Tax Refund (if you do) will determined how you receive your stimulus package.

For many, it will simply be direct deposited into your checking out, probably this week!

I received a notification last Friday that there was a pending deposit coming Wednesday and that was enough to set the gears in motion. It’s probably doing that for you too!

How are you going to spend this money?

What’s that thing you’ve been holding off getting until you had some cash?

Before you go and blow that entire deposit on something that will just rot your teeth and your mind, let me help you get some perspective on ways to maximize your government payday.

Experience, Investing

How you can STOP missing your potential!

Photo by Jose Aragones on Unsplash

How many times have you been told NO in your last few days?

I get so tired of people telling me NO! Maybe you’re the same way.

It comes from everywhere, all the time. But now days, the no is a creative negative. It’s not that people are telling you no, they are telling you some rendition to get them out from what you are asking.

“I’m too busy”.
“Maybe you should look over there.”
“That’s a great idea, but I’m not equipped to handle what you’re asking.”

All versions of the word NO.

I’ve come to realize that one person’s “NO” is another person’s opportunity

Investing

I know how you can win the lottery, Ask me How!

How would you like to win the lottery? Good Lord who wouldn’t want to win the lottery! Let’s face it, you’ve thought about what you would have done if you did. You know the first thing you would buy. How big the house would be you’d have for yourself, maybe for your parents too. The pool it would have, how close it would be to the beach and the car that would be parked in the garage. Oh, it’d be awesome.

Investing

Money Week

Cash Rules Everything Around Me…or does it? I’m not going to jump into the song by Wu-Tang here, but I did use that as an idea way way back when to produce a sermon series based on the same title. We weren’t capturing audio or video back then so those archives are up in smoke. I will say, though, that we had an idea during that series where I challenged people to tithe faithfully for 40 days and after that 40 days if they were unsatisfied with the way God blessed them during that season, that we, the church, would give them a refund. Surprisingly, not a single person asked for their money back!

I don’t think money rules everything, but it does play a part in literally everything we do and because of that, we need to have a good angle on how to treat it and be cautious of the ways it could treat us.

Reading through the book of Ecclesiastes right now for my current sermon series and I see a great many ways where Solomon, the self-proclaimed wisest man ever, and sequentially the wealthiest man ever, treated money. I see areas where he seemed to almost regret, albeit without saying it,  some of the choices he made when it came to wisdom and money.

So my quest for this week is to decipher what we can learn about money. I’ll give you a bit of a behind-the-scenes look into my life for a minute so I can establish some credibility. First, I am not a professional financier. I don’t have an MBA. I’m not in banking. So please know that what I’ve learned and some of what I’ll disclose was learned through trial and error and through the wisdom of others. In other words, take it with a grain of salt rather than a statement of fact.
Here’s what I can offer: Down to earth perspectives on budgeting, spending, teaching your kids about, investing (stocks and otherwise), debt reduction, etc. It’ll be fun!

Personally, I am really intrigued by this kind of stuff. Always have been. I like reading about it, researching and attempting things that will help move our family forward.

Back in 2016, I established a 10-year goal for our family when it came to money, and I put in place some things about what and how to teach our kids about money.
My goal was simple, but still very large – total debt freedom by 2025 during which time, we would take a good vacation every year and still save between 3K and 10K.
Now, I’ve amended some things since then and am currently pursuing a different line of investing, but the end goal remains the same- debt freedom by 2025.

As we start this week, let me ask you this question:

What’s your long-term goal (5-10yrs)?

Reality is that if you have no target, you will never hit anything. We make a great many mistakes in life not because we don’t know but because we don’t have a specific target in mind. So let’s begin with some intentionality- come up with a target you’d like to hit and let’s begin moving the needle on getting that finished. What goal would you be willing to share here?