Episode Summary: In this episode of "Financial Advisors Say the Darndest Things," host AB Ridgeway uncovers a deceptive practice by mortgage companies that prevents homeowners from saving on interest. As a Certified Private Wealth Advisor®️ professional, AB shares his insights and offers actionable advice to help you navigate these challenges and save money on your mortgage. Tune in to learn how to protect your financial future from these unscrupulous tactics.Key Takeaways:Mortgage Company Tactics: AB Ridgeway exposes how mortgage companies make it difficult to switch from monthly to bi-weekly payments. This strategy forces homeowners to pay more in interest over the life of the loan. He highlights the deliberate obstacles set by companies to keep you paying more.Understanding Unapplied Funds: AB explains the concept of unapplied funds, where mortgage payments are held in a separate account until the full amount is received. This tactic prevents partial payments from reducing the principal, causing homeowners to accrue more interest unnecessarily.The Importance of Principal Payments: Making principal-only payments is crucial. AB advises homeowners to take control by manually making extra payments toward the principal. This reduces the total interest paid over the loan’s term and accelerates mortgage payoff.Challenges with Bi-Weekly Payments: Switching to bi-weekly payments can be beneficial, but mortgage companies often create barriers. AB recounts a client's struggle with this process, including issues with account numbers and additional documentation, underscoring the need for persistence.Strategies to Save on Your Mortgage: AB shares practical steps to overcome these challenges, such as making one extra payment per year or dividing your monthly payment by 12 to add to each monthly payment. These methods can significantly reduce the interest paid and shorten the loan term.Quotes:"Mortgage companies are lying about your mortgage payment and they're taking money right out of your pocket.""The reason we have bi-weekly payments is because every dollar that goes to principal doesn't accrue interest.""How greedy can you get that you limit how people pay you so you can make more money?"For more insights and to schedule a consultation with AB Ridgeway, visit our website. Let's take control of your financial future together!💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

In this episode of "Financial Advisors Say the Darnedest Things," host A.B. Ridgeway dives deep into the often unspoken challenges of retirement. While many dream of endless vacations and leisure, the reality can be starkly different. A.B. explores the stages of retirement, emphasizing the importance of planning and staying engaged to avoid the pitfalls of boredom, anxiety, and depression. Tune in to learn how to navigate retirement with purpose and fulfillment.Key Takeaways:The Illusion of Retirement Bliss: Retirement is often seen as a reward for decades of hard work, filled with relaxation and freedom. However, without a solid plan, this period can quickly become overwhelming and lead to unexpected emotional and mental health challenges. It's crucial to prepare not just financially, but also mentally and emotionally.The Honeymoon Phase: The initial stage of retirement, known as the honeymoon phase, is characterized by the excitement of newfound freedom and leisure activities. This period can be enjoyable but is often short-lived. Financial advisors need to help clients understand that this phase will transition and should plan accordingly to avoid financial pitfalls.Hitting the Wall: After the honeymoon phase, retirees may experience a sense of boredom and lack of purpose. This "hitting the wall" stage can lead to depression and unhealthy coping mechanisms like substance abuse. It's essential for retirees to find new hobbies, engage in social activities, and maintain a sense of purpose.Redefining Identity: Retirement requires a redefinition of one's identity, shifting from a career-focused life to finding new roles and passions. This can be a time of personal growth and fulfillment if approached with a proactive mindset. Activities, volunteering, and continuous learning can play significant roles in this redefinition.The Importance of Social Connections: Maintaining strong social connections is vital for a happy and healthy retirement. Engaging with family, friends, and community activities provides emotional support and helps combat feelings of isolation and loneliness. This social engagement can significantly impact overall well-being and longevity.Quotes:"Retirement is often seen as the answer to all of your life's problems, but without a solid plan, it can lead to bouts of boredom, anxiety, and even depression.""The goal is to retire and to stay retired, not to rely on a company to support your lifestyle. Work if you choose to work, and fellowship when you choose to fellowship.""Your job is supposed to be a place where you use your skills to gain money to fund your personal life, not to give them the best years of your life while waiting to finally have some fun later."For more insights and personalized financial planning, don't hesitate to book a consultation. Let's ensure your retirement is not just financially secure but also fulfilling and joyous. Click the link in the description to get started!💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

In this episode, host AB Ridgeway dives into the essential components of Christian investing, distinguishing it from traditional financial planning. He outlines the four pillars of Christian investing: debt management, savings, investing, and wealth transfer. Emphasizing the spiritual and practical aspects, AB Ridgeway guides listeners on how to build a robust financial foundation while aligning their investments with their Christian values.Debt Management: Managing debt is a continuous process that lays the groundwork for a Christian financial plan. Understanding interest rates and loan terms is crucial to avoid overpaying. For example, using a credit card with a 20% interest rate means a $1 hamburger could end up costing $1.20 if not paid off immediately. This principle applies to larger debts like mortgages, emphasizing the importance of prudent borrowing.Savings: True savings isn't about finding deals but about preserving today's purchasing power for future needs. AB Ridgeway highlights that Americans often spend tomorrow's dollars today, which undermines their financial stability. He advocates for maintaining six to nine months of emergency savings to handle unexpected expenses like job changes or natural disasters, ensuring long-term financial security.Investing: Before investing, it's essential to address debt and build savings. Without this foundation, the risks of losing invested money can jeopardize financial stability. Once ready to invest, individuals should seek professional advice to navigate options like 401(k)s, IRAs, and brokerage accounts. A Christian financial advisor focuses on prudent decision-making that aligns with personal values and spiritual goals.Wealth Transfer: Proper estate planning is essential to pass on financial and spiritual legacies. Creating clear documentation, like wills and medical proxies, ensures that your wishes are honored and prevents disputes among heirs. This preparation helps maintain the continuity of core beliefs and values across generations, mirroring the biblical tradition of passing down wisdom."Money does cost. How much does your dollar cost? If you put a hamburger on your credit card and don’t pay it off, it costs you $1.20 instead of $1.""Saving money is taking your purchasing power today and pushing it into the future to use if needed. Spending tomorrow’s dollars today is destroying your financial plan.""Anyone who does not provide for their relatives, especially their own household, has denied the faith and is worse than an unbeliever." (1 Timothy 5:8)💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation📖 Download a copy of the 4 Pillars of Christian Financeshttps://www.abrwealthmanagement.com/freechristianfinancebook*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.

In this episode of "Financial Advisors Say the Darndest Things Podcast," host A.B. Ridgeway welcomes Nic Nielsen, CFP®️, a financial planner specializing in helping executives manage their stock options and organize their life. Nic shares his journey from a bank teller to a CERTIFIED FINANCIAL PLANNER, offering insights into the financial challenges and opportunities faced by professionals. Key Takeaways:Navigating Stock Options:Managing stock options can be daunting for sales executives, especially with the risk of making wrong moves that could jeopardize their retirement plans. Nic emphasizes the importance of having a clear, concise financial plan to make informed decisions about stock options. Utilizing a certified financial planner can help in understanding and optimizing these assets.The Power of Financial Planning:Financial planning goes beyond just managing investments; it involves creating a holistic strategy that encompasses all aspects of personal finance. Nic’s transition from a chemical engineering major to a financial advisor was driven by the realization that understanding money management is crucial for long-term financial stability and helping others achieve their financial goals.Lessons from the Banking Industry:Working as a bank teller provided Nic with unique insights into people's spending and saving habits. Observing the various ways customers handled their finances gave him a foundational understanding of financial behaviors, which proved invaluable in his career as a financial planner. This experience highlighted the importance of grassroots financial education.Financial Mistakes to Avoid:Nic discusses common financial mistakes made by sales executives, such as not diversifying investments and failing to plan for taxes on stock options. He offers a resource guide titled "Seven Money Mistakes Every Sales Executive Should Avoid," which is essential for anyone looking to avoid pitfalls and achieve financial success.Unexpected Career Influences:A pivotal conversation with his grandfather steered Nic towards financial planning. His grandfather's advice that understanding money would ensure job security and the ability to help others profoundly impacted Nic's career choice. This underscores the importance of mentorship and guidance in shaping one's professional path.Quotes:"If you understand how money works, you'll probably always have a job, you'll be able to take care of your family, but most importantly, you'll be able to help other people." - Nic Nielsen, CFP®️"Financial planning isn't just about managing investments; it's about creating a comprehensive strategy that covers all facets of your financial life." - A.B. Ridgeway, CPWA®️"Being a bank teller exposed me to how people get money into the bank, their spending habits, and the different ways they handle their finances, which was invaluable in my career as a financial planner." - Nic Nielsen, CFP®️💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Today we dive into the surprising bankruptcy filing of Antonio Brown, unpacking the nuances of Chapter 11 bankruptcy and its implications for individuals like Brown who own multiple businesses. Ridgeway highlights the importance of understanding the distinction between Chapter 11 and Chapter 13 bankruptcies and discusses how Chapter 11 can serve as a strategic financial move rather than a sign of financial ruin.Key Takeaways:Understanding Chapter 11 Bankruptcy: Ridgeway explains that Chapter 11 bankruptcy, unlike the common perception of financial ruin, offers individuals and businesses a chance to reorganize and renegotiate their debts without necessarily liquidating assets or shutting down operations. This allows for a strategic restructuring of finances to protect business interests and facilitate a manageable repayment plan.Differentiating Chapter 11 and Chapter 13: By outlining the key differences between Chapter 11 and Chapter 13 bankruptcies, Ridgeway emphasizes that Chapter 11 is typically chosen by individuals or businesses with higher debt levels and provides more flexibility in restructuring debt obligations. This distinction is crucial for understanding Antonio Brown's decision to file for Chapter 11 bankruptcy.Strategic Financial Management: Ridgeway suggests that Antonio Brown's bankruptcy filing may not necessarily reflect poor financial management but rather a strategic business decision aimed at protecting his assets and restructuring his financial obligations. By filing for Chapter 11 bankruptcy, Brown can potentially navigate financial challenges while maintaining control over his businesses.Quotes:"Bankruptcy chapter 11 is like a renegotiation of debt. It gives the filer the opportunity to downsize, perform layoffs, and get things in order without diving deeper into debt.""Chapter 11 bankruptcy offers individuals and businesses a chance to reorganize and renegotiate debts, protecting business interests while facilitating a manageable repayment plan.""Filing for bankruptcy isn't always a sign of mismanagement. It can be a strategic business decision aimed at protecting assets and restructuring financial obligations."💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.Chapter 11 vs Chapter 13https://www.investopedia.com/ask/answers/061815/what-are-differences-between-chapter-11-and-chapter-13-bankruptcy.asp#:~:text=Chapter%2011%20can%20be%20done,also%20having%20specific%20debt%20limits.Masslive Articlehttps://www.masslive.com/patriots/2024/05/im-broke-ex-patriots-flame-out-claims-hes-filing-for-bankruptcy.html

Episode Summary: In this episode of "Financial Advisors Say the Darndest Things," host A.B. Ridgway delves into the unsettling reality of how our phones seem to predict our desires and actions, raising questions about privacy, consent, and the power of advertising algorithms. By dissecting the mechanisms behind targeted ads and personalized content, Ridgway explores the implications for individuals, particularly those in vulnerable financial situations.Key Takeaways:Algorithmic Influence: Ridgway exposes the influence of algorithms in shaping our conversations and preferences, highlighting how our online activities generate detailed consumer profiles. This underscores the importance of understanding the digital ecosystem and being mindful of the information we share.Data Brokerage and Advertising: The episode elucidates the intricate process of data brokerage and real-time bidding in advertising, emphasizing how personal data fuels the economy of the internet. It prompts reflection on the commodification of user information and its impact on privacy rights.Vulnerability to Manipulation: Ridgway warns against the exploitation of vulnerable individuals by advertisers targeting them with offers related to debt relief or get-rich-quick schemes. Recognizing one's susceptibility to such tactics is crucial for making informed financial decisions and seeking objective advice.Role of Financial Advisors: The importance of seeking guidance from unbiased financial advisors is emphasized, particularly in navigating complex financial landscapes. Ridgway advocates for professional assistance in developing personalized financial plans tailored to individual circumstances.Community Engagement: The episode concludes with a call to action for viewers to engage with the content by liking, commenting, and sharing, thereby amplifying the reach of Christian counsel on financial matters and fostering a supportive community.Quotes:"Our phones seem to predict our desires with uncanny accuracy, raising concerns about privacy and the power of advertising algorithms.""In the digital age, our online activities generate detailed consumer profiles, fueling the economy of the internet.""It's crucial to recognize vulnerability to manipulation and seek objective financial advice to make informed decisions."💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

A.B. Ridgeway provides a quick message about God and Money. We cannot serve two masters. So what do we do? In this episode, A.B. Ridgeway shares how he deals with loving God but also accumulating wealth.#god #money #podcast #stewardship💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Summary:In this riveting episode of "Financial Advisors," host A.B. Ridgeway delves into the controversy surrounding Candice Owens' departure from Daily Wire, sparking a heated debate about free speech and corporate accountability. With piercing insights and candid commentary, Ridgeway unpacks the intricacies of the situation, urging listeners to seek truth amid the cacophony of legal maneuvers and public scrutiny.Key Takeaways:The Power of Transparency: Ridgeway underscores the importance of transparency in corporate decision-making, particularly regarding personnel matters. Candice Owens' departure has raised questions about accountability and integrity within Daily Wire, highlighting the need for organizations to uphold their values and principles in the public eye.Defending Free Speech: The episode sparks a dialogue about the fundamental right to free speech and its implications in the digital age. Ridgeway emphasizes the need for robust discourse and intellectual diversity, urging listeners to champion free expression while remaining vigilant against censorship and suppression of dissenting voices.Navigating Legal Complexities: Through the lens of legal jargon and contractual obligations, Ridgeway unpacks the intricacies of Candice Owens' departure, shedding light on the legal maneuvers and confidentiality agreements that often accompany high-profile disputes. This segment prompts reflection on the balance between legal compliance and ethical responsibility in corporate governance.The Quest for Truth: Amid conflicting narratives and sensationalized headlines, Ridgeway encourages listeners to discern truth from speculation and misinformation. Drawing upon biblical wisdom from Proverbs 12:22, he reaffirms the principle that "lying lips are an abomination to the Lord," advocating for discernment and integrity in the pursuit of truth.Staying Informed: As the episode concludes, Ridgeway invites listeners to stay informed and engaged with current events, offering a promise to provide factual updates and insights on matters of faith, finance, and society. By subscribing to "Financial Advisors," listeners gain access to a trusted source of information and analysis rooted in biblical principles.Quotes:"Lying lips are an abomination to the Lord, but those who act faithfully are in his delight." - Proverbs 12:22"If you're on the side of right, you don't have to be loud. The truth will come to light.""Make sure that you subscribe so you stay up to date on current events about God, about faith, and about money."Tune in to this thought-provoking episode for a nuanced exploration of ethics, accountability, and the pursuit of truth in today's media landscape. Subscribe now to "Financial Advisors" for insightful commentary and biblical wisdom on pressing issues facing society today.💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Episode Summary: In this episode of "Financial Advisors, Say the Darnedest Things," the host delves into the common misconception of investing before managing debt, using Dave Ramsey's principles as a guide. Listeners learn about the importance of debt management and the two main strategies: the debt avalanche and the debt snowball. Through insightful commentary and practical examples, the host emphasizes the significance of addressing debt effectively before diving into investments.Key Takeaways:Debt Management is Key: The episode underscores the importance of prioritizing debt management over investing, especially when facing substantial debt burdens. By addressing debt head-on through strategic planning, individuals can lay a solid foundation for financial stability and future investments.Understanding Debt Reduction Strategies: The host discusses two primary debt reduction strategies—the debt avalanche and the debt snowball. While both approaches have merits, understanding their differences and choosing the one that aligns with personal financial goals is crucial for success.Behavioral vs. Mathematical Approaches: A debate arises regarding whether debt is primarily a behavioral or a mathematical problem. While Dave Ramsey emphasizes behavioral change, the host argues for the significance of mathematical precision in debt management, highlighting the need for a balanced approach.Tailoring Strategies to Personal Situations: The episode advises listeners to assess their individual financial situations when selecting a debt reduction strategy. Factors such as debt amount, interest rates, and personal preferences play a significant role in determining the most effective approach for each individual.Seeking Professional Guidance: Finally, listeners are encouraged to seek professional guidance from financial advisors to navigate complex financial decisions effectively. The host offers a personalized consultation option for those seeking expert assistance in managing their finances and debt.Quotes:"The power of focus supersedes a little bit of tax savings and missing out on a little bit of match for a short period of time.""Motivation is the key to becoming debt-free, not math.""When it comes to debt management, size does matter. Which one do you think will make the fastest and greatest impact on your finances? Of course, the avalanche technique."💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

In this episode of "Financial Advisors Say the Darndest Things," host A.B. Ridgway shares a remarkable story of survival and faith. The episode recounts the harrowing experience of Sydney Thomas, a semi-truck driver who found herself dangling over the Ohio River after a heart-stopping crash. Through Sydney's firsthand account, listeners gain insight into the power of prayer and the miraculous intervention that saved her life.Key Takeaways:The Fragility of Life: Sydney's experience highlights the suddenness and unpredictability of life-altering events. Her ordeal serves as a sobering reminder to cherish each moment and to remain steadfast in faith, even in the face of adversity.The Ripple Effect of Actions: The chain of events leading to Sydney's accident underscores the interconnectedness of human actions. From the stalled car to the swerving pickup truck, every decision has consequences that can impact the lives of others. This narrative prompts reflection on personal responsibility and the ripple effect of our choices.Divine Protection and Comfort: Amidst the chaos and fear, Sydney found solace in her faith and the promise of divine protection. The episode draws upon biblical verses, such as Isaiah 41:10, to offer encouragement and assurance to listeners facing their own trials. Sydney's story serves as a testament to the sustaining power of faith in times of crisis.Legal Ramifications: The episode briefly explores the legal aftermath of the accident, with the driver of the pickup truck facing charges of wanton endangerment. This aspect of the story prompts consideration of accountability and justice within the context of tragic events.Prayer as a Source of Strength: As A.B. concludes the episode, he emphasizes the importance of daily prayer and spiritual grounding. In a world marked by uncertainty, prayer serves as a vital lifeline, offering comfort, guidance, and protection.Quotes:"Fear not, for I am with you; do not be dismayed, for I am your God. I will strengthen you, I will help you, I will uphold you with my righteous right hand." - Isaiah 41:10"There is a reason to believe the gun may be loaded—learn something every day. Wow, okay. Well, brothers and sisters, this is just even more reason to make sure that you're praying every day.""If you love news stories like this with a Christian perspective, make sure that you subscribe for more from 'Financial Advisors Say the Darndest Things.'"Tune in to this captivating episode for an inspiring testament to the resilience of the human spirit and the unwavering presence of divine protection. Subscribe now for more uplifting content from A.B. Ridgway and his team!💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Episode Summary: In this episode of "Financial Advisors Say the Darndest Things," host AB Ridgway explores what are the contribution limits for retirement accounts in 2024? He also explores the intricacies of retirement account contribution limits, emphasizing the importance of understanding and maximizing these limits. Ridgway navigates through changes in contribution limits for various retirement plans, providing brief insights into tax implications and strategies for optimizing retirement savings.Key Takeaways:Understanding Contribution Limits: Ridgway underscores the significance of staying informed about retirement account contribution limits to avoid penalties and optimize tax benefits. By delving into the nuances of IRS regulations, Ridgway empowers listeners to make informed decisions regarding their retirement savings.Tax Efficiency Strategies: The episode highlights the tax advantages associated with contributing to retirement plans, emphasizing the potential for reducing current tax liabilities and deferring taxes into the future. Ridgway elucidates the benefits of leveraging retirement accounts as vehicles for long-term tax planning and wealth accumulation.Individual Retirement Accounts (IRAs): Ridgway elucidates the individual nature of IRAs, clarifying misconceptions and guiding listeners on beneficiary designations. Through practical examples and biblical references, Ridgway encourages thoughtful estate planning and asset distribution strategies.Catch-Up Provisions: Ridgway unpacks the catch-up provisions available for individuals aged 50 and over, offering insights into additional contribution opportunities and the significance of retirement planning at different life stages. By addressing age-specific considerations, Ridgway empowers listeners to adapt their retirement strategies to changing circumstances.Financial Prudence and Biblical Wisdom: The episode concludes with a biblical admonition from Luke, emphasizing the importance of financial prudence and foresight in retirement planning. Ridgway's integration of biblical wisdom underscores the holistic approach to financial stewardship advocated throughout the podcast.Quotes:"Understanding contribution limits is key to optimizing your retirement savings strategy and minimizing tax liabilities. Stay informed to make the most of your retirement accounts." - AB Ridgway"Maximizing tax efficiency through retirement contributions is a foundational principle of long-term wealth accumulation. Leverage retirement plans to build a secure financial future." - AB Ridgway"Planning for the future involves more than just financial considerations; it encompasses thoughtful estate planning and asset distribution strategies. Secure your legacy by understanding the nuances of individual retirement accounts." - AB Ridgway💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

AB Ridgeway delves into California's budget deficit crisis, sparked by Governor Gavin Newsom's proposal for spending cuts. Ridgeway discusses the implications of these cuts, their impact on various programs, and the broader significance for Newsom's political career.Key Takeaways:Leadership by Example: Ridgeway underscores the importance of leadership by example, drawing parallels between individual responsibility and governmental accountability. By highlighting California's budget deficit and Newsom's proposed spending cuts, Ridgeway prompts listeners to reflect on their own financial management practices.Political Accountability: The episode emphasizes the accountability of political leaders amidst fiscal challenges. Ridgeway acknowledges Newsom's efforts to address California's deficit but also scrutinizes the potential consequences of his decisions, particularly in the context of his political ambitions.Personal Financial Planning: Through Newsom's budget proposal, Ridgeway advocates for personal financial planning and self-reliance. He urges listeners to prioritize saving, investment, and debt management, emphasizing the limitations of governmental support in achieving long-term financial stability.Critical Analysis of Promises: Ridgeway encourages critical analysis of political promises and the underlying motivations behind policy decisions. By dissecting Newsom's proposed cuts and their impact on various social programs, Ridgeway prompts listeners to question the sustainability of government-funded initiatives.Importance of Engagement: The episode concludes with a call to action for audience engagement, urging listeners to subscribe, rate, comment, and share the podcast. Ridgeway emphasizes the role of audience support in amplifying the podcast's reach and facilitating ongoing financial discussions.Quotes:"Leadership by example is crucial, whether in personal finances or governance. California's budget deficit serves as a stark reminder of the importance of fiscal responsibility." - AB Ridgeway"Personal financial planning is paramount. Relying solely on governmental support is precarious, especially in times of economic uncertainty." - AB Ridgeway"Analyzing political promises with a critical lens is essential. Understanding the implications of budget cuts fosters informed decision-making and financial preparedness." - AB Ridgeway💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

A.B. Ridgway discusses the recent decision by a federal judge to temporarily halt the Biden administration's plan to lower credit card late fees. Ridgway reflects on his earlier predictions about potential resistance from credit card companies and emphasizes personal financial responsibility in light of regulatory interventions.Key Takeaways:Personal Financial Responsibility: Ridgway underscores the importance of personal accountability in managing finances. Quoting Proverbs 22:7, he highlights the biblical principle that borrowers become slaves to lenders, emphasizing the need to prioritize savings and avoid excessive borrowing.Understanding Credit Card Usage: The episode delves into the pitfalls of credit card usage, echoing sentiments expressed by financial guru Dave Ramsey. Ridgway emphasizes that being in debt creates a cycle that can be challenging to break, suggesting that reliance on credit cards often leads to financial instability.Potential Consequences of Regulatory Intervention: Ridgway expresses skepticism about the effectiveness of regulatory measures in addressing financial issues. He warns listeners that while policies like lowering late fees may seem beneficial, credit card companies might respond by raising interest rates, ultimately leading to higher costs for consumers.Learning from Past Mistakes: Using the analogy of the grasshopper and the ant, Ridgway urges listeners to learn from past financial mistakes and prioritize saving for future needs. He suggests that Americans often fail to heed financial lessons, leading to persistent debt despite experiencing financial hardships.Advocating for Financial Education: The episode concludes with Ridgway encouraging listeners to prioritize financial education and prudent money management. By subscribing to the podcast and sharing it with others, he aims to empower Christian investors to achieve spiritual richness and righteousness through sound financial practices.Quotes:"The rich rule over the poor, and the borrower is slave of the lender." - Proverbs 22:7"Don't reach over dollars trying to grab pennies." - A.B. Ridgway"As long as you buy something from someone else, you're going to have to do what they say." - A.B. Ridgway💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

AB Ridgway explores the intersection of money, intellect, and faith by delving into the insights of two influential figures, Dave Ramsey and Jordan Peterson. He discusses the importance of intellectual engagement and articulation, especially in defending traditional Christian values and beliefs amidst societal challenges.Key Takeaways:Speaking Up for Traditional Values: Jordan Peterson emphasizes the necessity for intellectuals to speak up against radical ideas and defend traditional values without succumbing to societal pressures. This requires articulation and engagement, especially in the face of opposition.Defending Conservative Virtues: AB Ridgway highlights the challenge conservatives face in articulating their ethos and defending their beliefs against ideological attacks. Despite this, he reassures listeners that being unable to articulate does not equate to being wrong or guilty.Articulating Traditional Ethos: Both Ramsey and Peterson stress the importance of articulating traditional ethos, particularly in defending conservative virtues like marriage and voluntary exchange. This involves active engagement and understanding of societal and political landscapes.Standing Firm in Faith: Ridgway encourages listeners not to be ashamed of their faith or wealth but to learn to articulate themselves confidently. He underscores the importance of making ethical choices in managing finances and advocating for traditional values.Engagement in Political Discourse: Understanding the significance of engaging in political discourse, especially at the local level, is crucial in defending traditional values. Ridgway urges listeners to actively participate in shaping societal narratives and values.Quotes:"Just because you don't know how to articulate yourself doesn't mean you are wrong.""You don't have to be ashamed of your wealth. You don't have to be ashamed to be a Christian. You can be both.""We need you to understand that God is going to judge us on our intent... I hope that you choose the former."💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.Video Credit: https://www.youtube.com/watch?v=SbJe868Kw-cI do not own the rights to this video

Episode Summary:The recent layoffs in Tesla's electric vehicle charging team have raised concerns about the future of charging infrastructure, potentially affecting President Biden's initiative to electrify U.S. highways. This episode explores the implications of these layoffs and their impact on the expansion of charging stations across the country.Key Takeaways:Uncertainty in Electric Vehicle Expansion: The layoffs at Tesla's charging team signal potential delays in the rollout of new charging stations, raising questions about the future of electric vehicle adoption. This uncertainty underscores the challenges of transitioning to electric vehicles on a large scale.Impact on Biden's Infrastructure Plan: Tesla's decision to scale back its charging network could hamper President Biden's ambitious plan to expand the country's charging infrastructure. The $5 billion allocated for building 500,000 electrical vehicle chargers over five years may face setbacks due to Tesla's reevaluation of its expansion strategy.Elon Musk's Strategy: Elon Musk's emphasis on focusing on 100% uptime and expanding existing locations suggests a cautious approach to scaling Tesla's charging network. This strategic shift reflects Musk's commitment to sustainable growth and maintaining the reliability of Tesla's infrastructure.Opportunities for Competitors: Rivals like EVGO are poised to capitalize on Tesla's restructuring by hiring laid-off employees and potentially expanding their own charging networks. This competition highlights the dynamic nature of the electric vehicle market and the opportunities it presents for other players in the industry.Navigating Financial Markets: The episode concludes with a reminder of the unpredictability of financial markets and the importance of diversification in investment portfolios. As developments in the electric vehicle sector impact market dynamics, investors are urged to maintain a balanced approach to investment.Quotes:"This doesn't tell you that no matter what you do, someone is always trying to take your spot. Let this be an eye opener for you." - AB Ridgeway"Once again, we cannot control the stock market. We can only control our participation in it." - AB Ridgeway"Well, that is it for me. My name is AB Ridgeway and I'll see you on the other side of your blessing." - AB Ridgeway💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Episode Summary:Former NBA champion Glenn "Big Baby" Davis has been sentenced to 40 months in prison for his involvement in defrauding the league's healthcare plan of millions of dollars. This episode delves into the consequences of greed, the love of money, and how Davis went from being a sports star to a convict.Key Takeaways:The Temptation of Fast Money: Glenn Davis's story illustrates the allure of quick wealth and the dangers it presents. Despite his successful NBA career, Davis fell into the trap of seeking even more money through fraudulent means, leading to legal repercussions.Consequences of Financial Mismanagement: Davis's case highlights the importance of prudent financial management. His inability to adjust his lifestyle after leaving the NBA drove him to participate in fraudulent schemes, ultimately resulting in legal and financial ruin.Ethical Considerations in Pursuit of Wealth: The episode emphasizes the biblical admonition that the love of money is the root of all kinds of evil. Davis's actions demonstrate how prioritizing wealth above ethical principles can lead to personal and societal harm.Lessons from Athletes' Financial Mistakes: Davis's downfall mirrors a broader pattern of financial mismanagement among professional athletes. Listeners are urged to learn from such examples and prioritize responsible money management to avoid similar pitfalls.Quotes:"For the love of money is the root of all kinds of evil. And for some people, craving money have wandered from the true faith and pierced themselves with many sorrows." - (1 Timothy 6:10, New Living Translation)"Fast money doesn't last." - Proverbs 13:11"He's 38 years old and now he has a criminal record, and this is going to slow up his ability to make money in the future."💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultationEpisodes Mentioned:Charles Barkley SHARES the SECRET to Staying Rich During and after NBA Career with Shannon Sharpe (#248)Burger King Is Giving Away Free Whoppers: The Psychology of Coupons in Finance (#257)What Does Morgan Stanley's Money Laundering Investigation Mean To You? (#232)*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.

In this current economy can you afford to leave your job if it is too toxic? It looks like miss USA's resignation letter accuses the organization of toxic work culture so this raises the question are you who you want to be or are you only what you have to be?Episode Summary:In this episode of "Financial Advisors Say the Darndest Things," host AB Ridgeway explores the theme of toxic work environments, inspired by recent events in the Miss USA organization. Ridgeway delves into the importance of aligning personal values with work environments and the necessity of faith when facing challenging situations.Key Takeaways:Aligning Values with Work: Ridgeway emphasizes the importance of ensuring that personal values align with the values of the workplace. He applauds the decision of Miss USA and Miss Teen USA to step down from their roles when their values no longer aligned with those of the organization, highlighting the maturity and integrity of their decisions.Trusting in God's Provision: Ridgeway encourages listeners to trust in God's provision, particularly when faced with toxic work environments. He suggests that fear of the unknown may prevent individuals from leaving toxic situations, but faith in God's plan can provide the strength and guidance needed to navigate challenging circumstances.Maintaining Integrity and Identity: Ridgeway urges listeners to prioritize integrity and identity over financial gain or professional status. He emphasizes that one's job does not define their worth and encourages individuals to remain true to their values, even in difficult work environments.Preparing for Change: Ridgeway advises listeners who are considering leaving toxic work environments to prepare a thorough plan for their transition. This includes evaluating financial stability, exploring job opportunities, and ensuring a smooth transition that minimizes disruption to family life.Seeking Support and Balance: Ridgeway underscores the importance of seeking support and maintaining a healthy work-life balance. He acknowledges the tragic consequences of overwork and encourages listeners to prioritize their well-being over career ambitions.Quotes:"You are not bound by the rules of this world. Don't allow these toxic people to influence you to change who you are and what you are all about. I want you to have faith in God." - AB Ridgeway"Remember, you're not your job. You are you and you are a child of God. Whatever title, respect or money that you're going to get is not worth your integrity. It is not worth your identity." - AB Ridgeway"If you're stuck in a toxic work environment, please prepare your plan to leave. Just don't leave on a whim and leave your family in turmoil." - AB Ridgeway💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Episode Summary: It looks like Social Security cost of living adjustment forecast is going to set back many retirees with a forecast of only 2.6% which many are saying is not enough to fight inflation. In this episode of "Financial Advisors Say The Darndest Things Podcast," host A.B. Ridgeway delves into the challenges facing retirees due to the Social Security Administration's forecasted adjustments. With a decade of experience as a certified private wealth advisor, Ridgeway provides valuable insights and strategies for navigating financial uncertainties in retirement.Key Takeaways:Inflationary Concerns: Ridgeway emphasizes the impact of inflation on retirees' purchasing power, highlighting the discrepancy between the modest 2.6% forecasted increase in Social Security benefits and the current inflation rate of 3.2%. This mismatch underscores the importance of proactive financial planning to mitigate the effects of rising living costs.Emergency Savings: The episode underscores the significance of maintaining an emergency savings fund, with Ridgeway citing statistics from the Senior Citizens League survey. As household expenses continue to rise, having a financial cushion becomes imperative to cover unexpected costs and maintain financial stability during retirement.Planning for Retirement: Ridgeway challenges the notion of retirement as a destination, urging listeners to view it as a milestone in their financial journey. He advocates for early retirement planning to ensure financial independence and reduce dependence on external sources of income during retirement years.Distribution Strategy: As retirees transition from saving to spending their accumulated funds, Ridgeway emphasizes the importance of developing a distribution strategy. By understanding withdrawal rates and adjusting for inflation, individuals can sustain their lifestyle without depleting their retirement savings prematurely.Seeking Professional Guidance: Ridgeway encourages listeners to seek professional guidance to navigate complex financial decisions effectively. He offers free consultations to help individuals assess their financial situation, develop personalized strategies, and achieve long-term financial security.Quotes:"Saving is when you push your today's purchasing power into the future, ensuring financial stability in retirement.""Don't guess your way into retirement. Schedule your empowerment today.""For which of you intending to build a tower, sit if not down first and counted the cost, whether he has sufficient to finish it." (Luke 14:25)💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Episode Summary:A.B. Ridgway shares a bizarre story about a Midland woman found living inside a Family Fare grocery store sign for almost a year. Despite the unconventional living situation, the woman had managed to set up a comfortable living space with various amenities, raising questions about how she gained access and survived undetected. Ridgway uses this unusual scenario to delve into the importance of financial planning and resourcefulness in navigating life's challenges.Key Takeaways:Financial Planning in Unforeseen Circumstances: The story of the woman living in a grocery store sign underscores the significance of financial planning in unexpected situations. While her choice may seem extreme, it highlights the need to prepare for emergencies and have a safety net in place. This event serves as a reminder to assess one's financial situation regularly and plan for contingencies.Resourcefulness and Adaptability: Despite the limitations of her living space, the woman demonstrated remarkable resourcefulness and adaptability. Her ability to create a functional living environment within the sign showcases the human capacity to overcome challenges through innovative thinking and resilience. This serves as a lesson in making the most out of any situation, no matter how unconventional.Seeking Professional Financial Advice: Ridgway emphasizes the importance of seeking professional financial advice, especially when facing difficult circumstances. While the woman in the story managed to survive on her own, seeking guidance from a financial advisor could have potentially provided her with better solutions and resources. This highlights the value of consulting experts to navigate complex financial issues effectively.Understanding the Consequences of Unlawful Actions: Although the woman faced no criminal charges for her actions, Ridgway discusses the ethical implications of trespassing and disregarding legal boundaries. He underscores the importance of upholding the law and seeking assistance when facing financial difficulties, rather than resorting to unlawful means to sustain oneself.Community Support and Collaboration: The episode concludes with a reminder of the support available within communities, including resources for those experiencing homelessness or financial hardship. Ridgway encourages listeners to engage with financial advisors and community services to receive assistance and guidance in times of need, highlighting the importance of collaboration and mutual support.Quotes:"When we don't financially plan, we find ourselves in situations just like this, where we're trying to survive in the most awkward situations.""Some people say saving money is tough, but imagine living in a small grocery sign. That's probably even tougher, right?""They say with difficulty comes ease, meaning the more that we practice things that are tough, the easier it is going to get."💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

AB Ridgeway delves into a startling case of flight attendants allegedly smuggling millions in drug money out of the country to the Dominican Republic, highlighting the vulnerabilities in airline security and the moral implications of seeking wealth through illicit means. Through detailed analysis and biblical references, Ridgeway underscores the importance of ethical earning and long-term financial planning.Key Takeaways:Exploiting Vulnerabilities: Ridgeway points out the ease with which flight attendants exploited security vulnerabilities to smuggle millions in drug money, revealing critical weaknesses in airline security protocols. This highlights the need for stricter regulations and oversight to prevent such illicit activities.Moral Integrity in Wealth Acquisition: Drawing from biblical wisdom, Ridgeway emphasizes the significance of earning money through righteous means. He contrasts the short-lived gains of illicit wealth with the enduring prosperity promised to those who accumulate wealth gradually and ethically.Consequences of Greed: The case of the flight attendants serves as a cautionary tale about the consequences of succumbing to greed and pursuing wealth at any cost. Ridgeway warns against the allure of fast money, urging listeners to prioritize moral integrity and contentment over fleeting riches.Long-Term Financial Planning: Ridgeway advocates for a prudent approach to financial planning, emphasizing the importance of steady, incremental growth over quick gains. He encourages listeners to focus on building wealth gradually and responsibly, in line with biblical principles.Ethical Investing: In discussing the repercussions faced by the flight attendants, Ridgeway parallels their actions with short-sighted financial decisions, such as those made by individuals who prioritize immediate gains over long-term sustainability. He underscores the need for ethical consideration and responsible investing practices to ensure lasting financial success.Quotes:"Many prophets have predicted that there would be a time where people didn't care how you earned your money, legally or illegally. And we're living in those times.""Your freedom is worth more than fast money. Be happy with what you have and what you earn righteously.""Wealth gained hastily will dwindle, but whoever gathers little by little will increase it." - Proverbs 13:11💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Episode Summary: In this episode of "Financial Advisors Say The Darndest Things," host AB Ridgeway explores the psychology behind consumer behavior, particularly focusing on the allure of coupons and discounts. Using the example of Burger King's promotional offers, Ridgeway delves into how these seemingly beneficial deals can actually lead to unnecessary spending and financial pitfalls.Key Takeaways:Coupon Fallacy: While coupons may appear to save money, they often lead to increased spending rather than genuine savings. Ridgeway emphasizes that using a coupon doesn't negate the fact that money is still being spent, highlighting the importance of discerning between saving and spending less.Heuristics in Decision Making: Ridgeway discusses the concept of heuristics, mental shortcuts that influence quick decision-making. He explains how marketers capitalize on these cognitive biases to drive consumer behavior, leading individuals to make emotional rather than logical purchasing choices.Anchoring Effect: The episode explores the anchoring bias, where individuals rely heavily on initial information when making decisions. Ridgeway illustrates how consumers perceive discounts based on the initial price, overlooking the actual expenditure and falling into the trap of unnecessary purchases.Awareness vs. Intentional Spending: Ridgeway highlights the role of advertisements and promotions in raising consumer awareness and stimulating unplanned spending. He warns against succumbing to marketing tactics that encourage spending on items not originally intended for purchase.Financial Awareness and Responsibility: Ultimately, Ridgeway encourages listeners to cultivate financial mindfulness and resist impulsive spending habits. By understanding the psychological tricks employed by advertisers, individuals can make more informed and intentional financial decisions.Quotes:"When you have a coupon, you are not saving more money, you're technically spending less money.""Unfortunately, when we're making quick decisions, especially about purchases with coupons, we tend to make them emotionally and try to justify them logically.""Your money is still gone. But where do we get this concept of coupons actually saving us money? Well, it comes from a mental heuristic."💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Episode Summary: In this episode of "Financial Advisors Say the Darndest Things," we follow a man who compared the prices of ONE meal ordered 3 different ways. 1) Through a delivery service 2) Getting it himself and 3) Going to the store and making it himself. The host AB Ridgeway delves into the issue of Americans living paycheck to paycheck. He highlights the impact of inflation, high food costs, and the looming threat of layoffs on individuals' financial stability. Through a detailed comparison, Ridgeway explores the hidden costs of convenience, particularly in the context of food delivery services, and emphasizes the importance of reevaluating spending habits to achieve financial security.Key Takeaways:Hidden Costs of Convenience: Ridgeway unpacks the concept of convenience, illustrating how the allure of time-saving services like food delivery often masks substantial hidden fees. He urges listeners to scrutinize their spending habits and consider the true value of the convenience they pay for.Financial Impact of Lifestyle Choices: By comparing the costs of ordering food delivery versus preparing meals at home, Ridgeway underscores the significant financial implications of seemingly mundane lifestyle choices. He encourages listeners to adopt a more mindful approach to spending to avoid falling into the trap of living beyond their means.Long-Term Financial Planning: Through a compelling hypothetical scenario, Ridgeway demonstrates the potential long-term benefits of prudent financial decisions. He emphasizes the importance of strategic investing and disciplined saving, highlighting how small adjustments in spending habits can lead to substantial gains over time.Reevaluating Spending Priorities: Ridgeway challenges listeners to reassess their spending priorities and distinguish between necessary expenses and discretionary indulgences. He advocates for a balanced approach to consumption that prioritizes financial security and long-term wealth accumulation over short-term gratification.Educating for Financial Empowerment: As a certified private wealth advisor, Ridgeway concludes the episode by encouraging listeners to share the insights gained with others. He underscores the value of financial literacy and empowerment, emphasizing the role of education in fostering informed decision-making and achieving financial independence.Quotes:"When we point the finger at someone, there's three more pointing back at us.""Food is the one thing that most everyone underestimates when it comes to how much we spend.""My job is not to strip you of the pleasures that you love, but to reevaluate what you're paying for in the meantime."💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Episode Summary: In this episode we draw attention to the recent tragic death of a 35-year-old junior banker from Bank of America and US Army Veteran. Ridgway emphasizes the importance of maintaining a healthy work-life balance and prioritizing one's well-being over career ambitions. Reports are not saying the cause of death is his workload but the recent passing does ignite anger around the working hours of 100 or more per week.Key Takeaways:The Toll of Overwork: Ridgway highlights the dangers of overworking, citing the case of a young banker who tragically passed away due to acute coronary artery thrombus. He warns listeners against sacrificing their health and lives for the pursuit of financial success, urging them to prioritize self-care and balance in their professional lives.Christian Financial Values: As a Christian financial advisor, Ridgway emphasizes the importance of aligning financial practices with Christian principles. He encourages investors to prioritize patience, ethical investing, and financial stewardship, emphasizing the need to resist the toxic mentality prevalent in the financial industry.Advocating for Change: Ridgway discusses the efforts of junior investment bankers to advocate for better working conditions, including caps on working hours and more frequent breaks. He urges listeners to support initiatives that promote a healthier work environment and to reconsider their own work-life balance if it leans towards excessive stress and overwork.The Love of Money: Reflecting on biblical teachings, Ridgway warns against the dangers of prioritizing wealth and career success over personal well-being and spiritual values. He reminds listeners that no amount of money is worth sacrificing one's health or life, echoing biblical warnings about the love of money.Sharing the Message: Ridgway concludes by urging listeners to share the episode with anyone who may be experiencing excessive stress or overwork in their professional lives. He emphasizes the importance of offering encouragement and support to those who may need to reassess their work environments and priorities.Quotes:"Life is more than just money. Yes, they have a lot of money, but look how many hours they're working per week.""No job is worth your life. 35 is too young to die from work overload.""What are they going through to get that and is it worth the price?"💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Show Notes:In this thought-provoking episode, host explores the concept of morality through the lens of the "shopping cart theory." He challenges listeners to contemplate whether returning a shopping cart is the ultimate litmus test for determining one's character. This short but insightful podcast encourages introspection and discussion about personal ethics and societal responsibility.Key Points:The Shopping Cart Theory: The host introduces the "shopping cart theory" as a means to evaluate moral behavior. He explains how the simple act of returning a shopping cart, while not legally required, serves as a symbolic gesture of decency and responsibility.Self-Governance and Morality: Listeners are prompted to consider whether individuals can be trusted to do what is right without external coercion. The discussion delves into the idea of intrinsic goodness and the role of personal ethics in shaping societal norms.Ethical Reflection: Throughout the episode, listeners are encouraged to reflect on their own moral standards and behaviors. The host prompts introspection by posing questions about the motivations behind returning a shopping cart and the broader implications for social cohesion.Quotes:"To return the shopping cart is the apex example of whether a person will do what is right without being forced to do it.""No one will punish you for not returning the shopping cart. You gain nothing by returning it. You must do it out of the goodness of your own heart.""The shopping cart is what determines whether a person is a good or bad member of society."💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Episode Summary: Your Social Security may be at risk. It is being reported that Social Security benefit cuts are projected to be delayed until 2035 but is that enough? What does that mean for you, the retiree in the future. Ridgeway emphasizes the importance of understanding one's maximum Social Security retirement benefit and encourages listeners to proactively plan for their financial future because if we don't, there may not be any money available when we get there, or they only give you a small portion of what you deserve.Key Takeaways:Impact of Delayed Benefit Cuts: Ridgeway highlights the significance of the Social Security Administration's announcement regarding the postponement of benefit cuts until 2035. This extension offers some relief for retirees but underscores the need for long-term financial planning.Understanding Maximum Benefits: Listeners learn how the age at which they choose to retire directly affects their maximum Social Security benefit. Ridgeway breaks down the differences in maximum benefits based on retirement age, emphasizing the importance of making informed decisions about when to claim benefits.Contributions and Benefits: Ridgeway explains the correlation between individuals' earnings during their working years and their eventual Social Security benefits. He underscores the importance of considering one's contribution history and earnings when planning for retirement.Financial Preparedness: The episode serves as a call to action for listeners to take control of their financial futures. Ridgeway urges proactive steps such as saving for retirement independently and seeking personalized financial advice to navigate the complexities of Social Security.Critical Reflection: Ridgeway prompts listeners to reflect on their reliance on Social Security and consider alternative strategies for financial security in retirement. He encourages individuals to assess their options and take proactive steps towards financial independence.Quotes:"This year's report is a measure of good news for the millions of Americans who depend on Social Security, including the roughly 50% of seniors from whom Social Security is the difference between poverty and living in dignity." - Martin O'Malley, Commissioner of Social Security"I have a weird suspicion that somebody is misappropriating the money and they don't want to admit it, and they want to project the issue on the American people." - AB Ridgeway"Can you live off this amount of money and have the quality of life that you want? Do you want to depend on the federal government to have the money available when you retire?" - AB Ridgeway💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.Social Security Website: www.ssa.gov

In this episode of "Financial Advisor, Say the Darndest Things," tensions escalate in the rap world as a shooting occurs outside Drake's Toronto mansion amid his ongoing feud with Kendrick Lamar. Though Drake emerges unharmed, a security guard is seriously injured, prompting concerns about safety and the consequences of such conflicts. AB Ridgeway, urges viewers to prioritize their loved ones and emphasizes the importance of legal and financial preparedness in the face of unexpected events. As discussions swirl about the rap battle's winners and losers,Ridgeway reminds us of the real-life impact and loss suffered by individuals caught in the crossfire. The episode concludes with a call to action for viewers to ensure their estates are in order.💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Episode Summary: In this episode, AB Ridgeway discusses the prevalence of romance scams and their devastating financial consequences, particularly within the context of cryptocurrency investments. Drawing from real-life examples, he highlights the vulnerability of individuals seeking companionship and explores the psychological factors that make them susceptible to such scams.Key Takeaways:Emotional Vulnerability and Scarcity: Ridgeway emphasizes how emotions like fear, loneliness, and the desire for love can make individuals vulnerable to scams. Coupled with persuasive tactics like scarcity, scammers exploit these emotions to manipulate victims into making irrational financial decisions.Sophisticated Scamming Techniques: The episode sheds light on the sophistication of modern romance scams, which often involve extensive grooming periods and false promises. Ridgeway warns listeners against trusting strangers online and emphasizes the importance of verifying identities and intentions before engaging in financial transactions.Financial Impact and Recovery: Through a case study of a Houston man who lost $800,000 to a romance scam, Ridgeway underscores the severe financial consequences of falling victim to such schemes. He discusses the challenges of recovering lost funds, particularly in the realm of cryptocurrency, and urges listeners to exercise caution and skepticism in their financial dealings.Psychological Manipulation: Ridgeway delves into the psychological tactics employed by scammers to maintain control over their victims. He highlights the power of persuasion, consistency, and emotional manipulation in fostering a sense of trust and dependency, ultimately leading individuals to disregard warning signs and red flags.Seeking Support and Building Resilience: In conclusion, Ridgeway encourages listeners to seek support from trusted friends, family members, and financial advisors. He emphasizes the importance of building resilience against scams by fostering strong social connections, maintaining skepticism, and placing trust in God rather than in deceptive individuals.Quotes:"The more desperate, the more vulnerable. When someone is in the mindset of finding love, how difficult is it to convince them that they're being scammed?" - Dr. John Vincent, Clinical Psychologist"It wasn't just a bad transaction to send this man $100,000. It was a bad transaction for her retirement to take almost a tenth of what she had in the account to give it to someone that she barely knew." - AB Ridgeway"Focus on God and he'll lead you down the straight path. You don't have to walk this life alone, but you don't want to pair yourself with the wrong people." - AB Ridgeway💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Episode Summary:In this episode, AB Ridgeway delves into the modern culture of weddings, emphasizing the divergence from their original spiritual significance. He highlights the excessive spending and focus on materialism, urging listeners to reconsider the purpose and essence of Christian marriage.Key Takeaways:Marriage's Spiritual Foundation: Ridgeway emphasizes the spiritual foundation of marriage, reminding listeners of the biblical significance of the union between a man and a woman. He stresses that weddings should reflect Christ's presence and the sacred bond between spouses.Shift from Tradition to Consumerism: The episode critiques the shift from traditional wedding practices to consumerist extravagance. Ridgeway argues against the excessive spending on weddings, advocating for a return to simpler, more spiritually centered ceremonies.Intentionality in Wedding Planning: Ridgeway encourages couples to prioritize intentionality in wedding planning, focusing on the spiritual significance rather than the material display. He suggests incorporating Christ-centered elements into the ceremony to reaffirm the Christian values of marriage.Financial Responsibility: Addressing the financial aspect, Ridgeway advises against excessive spending on weddings, highlighting the importance of financial responsibility and stewardship. He advocates for wise financial planning that aligns with biblical principles.Reevaluating Wedding Priorities: The episode prompts listeners to reevaluate their wedding priorities, emphasizing the need to shift focus from extravagant displays to spiritual fulfillment and commitment. Ridgeway calls for a return to the essence of Christian marriage, rooted in faith and devotion.Quotes:"Our weddings have nothing to do with Christianity. What does dressing up and extravagant spending have to do with a Christian wedding?""Do you understand that marriage is about Christ and the church? It's not about flaunting wealth or outdoing others.""We need to reintroduce Christ into our weddings to ensure they reflect our faith, not consumerism or materialism."💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Episode Summary: In this episode, Charles Barkley shares insights on financial responsibility, drawing from his personal experiences and lessons learned as a former NBA player. He discusses the common pitfalls that lead to financial ruin among athletes and emphasizes the importance of wise money management for long-term sustainability.Key Takeaways:Long-Term Financial Planning: Barkley underscores the significance of planning for the future by highlighting the need to prioritize financial stability over short-term indulgences. He warns against overspending on luxury items like multiple cars, stressing the importance of making money last a lifetime.Avoiding Materialism: Barkley challenges the culture of materialism by advocating for a shift towards valuing personal development over conspicuous consumption. He encourages listeners to focus on building character and reputation rather than seeking validation through material possessions.Family Financial Boundaries: Barkley offers valuable advice on setting boundaries with family and friends when it comes to financial support. He advises against shouldering the financial burdens of others indiscriminately, emphasizing the importance of preserving one's own financial well-being.Resisting Peer Pressure: Barkley highlights the dangers of succumbing to peer pressure and societal expectations, particularly within the context of financial decisions. He encourages listeners to resist the urge to keep up with others' spending habits and instead prioritize responsible financial choices.Investing in Self-Development: Barkley underscores the value of investing in oneself through education, personal growth, and philanthropy. He suggests that true status and respect are earned through contributions to society rather than through material possessions.Notable Quotes:"Just because you have the money doesn't mean you need to spend it.""The regression back to zero is where you're going to hurt yourself.""You can raise your status by doing good deeds, giving charity, and being an outstanding citizen."💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.Video Credit and Rights Club Shay Shay: https://www.youtube.com/watch?v=R7kO41DUIEU&t=342s

A.B. Ridgeway delves into the recent changes in Costco's food court policy and its implications for both members and non-members. As Costco tightens its membership requirements to access food court deals, A.B. explores the economic reasoning behind this decision and its potential impact on consumers.Key Takeaways:Costco's Membership Strategy: A.B. outlines Costco's strategy of using the food court as a "loss leader" to attract customers, emphasizing the importance of membership fees to the company's profitability.Impact on Consumer Behavior: The episode explores how changes in Costco's food court policy may influence consumer spending habits and perceptions of value, particularly for non-members accustomed to accessing low-cost meals.Economic Rationality: A.B. discusses the economic rationale behind Costco's decision to restrict food court access, highlighting the company's aim to maintain the value proposition of membership and drive revenue growth.Customer Experience: The episode touches on the significance of customer experience in retail environments, with Costco aiming to ensure a positive end-to-end experience for members while balancing cost considerations.Implications for Budget-Conscious Consumers: A.B. reflects on the potential implications of Costco's policy change for budget-conscious consumers, urging listeners to consider alternative ways to save on dining expenses.Quotes:"We don't feel it's right that non-members receive the same benefits and pricing as our members.""People remember their first experience when they walk in, which is with a smile and a warm welcome, and they remember the last part, which is walking out full, satisfied, and not hungry and fatigued." "It's sad, but it looks like people are going to have to find a new way to eat on a budget." 💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.video credit: https://www.cbsnews.com/news/costco-food-court-hot-dog-membership-card/

Episode Summary: In this episode of "Financial Advisors Say the Darndest Things," host A.B. Ridgway discusses the pervasive trend of diluting Christianity, paralleled with the commercialization of "lite" versions of various products. Drawing from Glenn Berto's book "Christianity Liked: Stop Drinking a Watered Down Gospel," Ridgway emphasizes the necessity of returning to the authentic gospel message, challenging listeners to embrace a life of grace-inspired obedience rather than seeking a comfortable, customized faith experience.Key Takeaways:The Deceptive Allure of Christianity Lite: Ridgway highlights how modern Christians often gravitate towards a diluted version of Christianity, seeking comfort and convenience over true spiritual transformation.Embracing Radical Transformation: The episode underscores the core message of the gospel – Jesus' call to radical life change and obedience, rather than mere enhancement of a self-centered lifestyle.Addressing Uncomfortable Truths: Ridgway encourages listeners to confront uncomfortable truths rather than succumbing to the allure of a superficial faith experience, emphasizing the importance of authentic repentance and obedience.Parody and Cultural Commentary: Through a humorous skit parodying the concept of "Christianity Lite," the episode critiques societal attitudes towards faith and challenges listeners to reevaluate their commitment to genuine Christianity.Warning Against Spiritual Compromise: The episode concludes with a sobering reminder of the potential consequences of embracing a watered-down faith, urging listeners to reject compromise and embrace the transformative power of the true gospel.Quotes:"We have watered down, decaffeinated, and diluted the message of the gospel until it really has no effect on our lives or the lives of others.""If the gospel of God makes someone uncomfortable, then maybe they aren't doing the right thing, and making them feel better will not fix the problem.""One of the biggest tricks of the devil is to convince you that the evil things that you do are actually good for you."💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultationYouTube Video: https://youtu.be/DjqA5iKlsLU*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.Video Credit:https://www.youtube.com/watch?v=XnnbkxzYoUoBook: https://www.amazon.com/Christianity-Lite-Drinking-Watered-Down-Gospel/dp/1621362264

Episode Summary: The primary fear of many Christian investors is running out of money in retirement. In this episode, Ridgeway explores the concept of the 4% retirement rule and its implications in today's economic climate, drawing insights from financial experts like Suze Orman.Key Takeaways:The 4% Retirement Rule: Ridgeway explains the origin of the 4% retirement rule, coined by financial planner Bill Bengen, which suggests retirees can safely withdraw 4% of their retirement savings annually. However, recent critiques by experts like Suze Orman have labeled it as "very dangerous."Economic Volatility and Withdrawal Rates: Orman advises caution in relying solely on the 4% rule, advocating for lower withdrawal rates, especially in times of economic uncertainty. She emphasizes the importance of adjusting withdrawal rates based on individual circumstances and market conditions.Personalized Financial Planning: Ridgeway stresses the need for personalized financial planning, highlighting the significance of considering various sources of income, such as Social Security and annuities, alongside retirement savings. He encourages listeners to work with financial professionals to tailor their withdrawal strategies accordingly.Long-Term Financial Sustainability: Orman suggests that withdrawing the least amount possible from retirement accounts can lead to better long-term financial sustainability. This approach aligns with the idea of adjusting withdrawal rates to ensure financial security throughout retirement, especially amid economic fluctuations.Working with Professionals: Ridgeway emphasizes the value of seeking guidance from financial advisors to navigate retirement planning effectively. He underscores the importance of ongoing evaluation and adjustment of withdrawal strategies to adapt to changing financial landscapes.Quotes:"Susie Orman calls the 4% retirement rule very dangerous. These are dog whistles for those who are preparing for retirement.""People love these hyperboles. I would never, I always, this is amazing. This is horrible. This is just trying to stir up emotions. It's not that serious.""Find the figure, find out what works for you, trial and error, year over year, work with a professional, simple."💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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://finance.yahoo.com/news/suze-orman-calls-4-retirement

Episode Summary: In this episode, AB Ridgeway discusses the recent controversy surrounding Candace Owens' departure from the Daily Wire, shedding light on the reported gag order imposed by the conservative outlet. Owens' call for a debate with Ben Shapiro seemingly triggered this response, revealing underlying tensions and ideological clashes within the organization.Key Takeaways:The Gag Order Saga: The revelation of Daily Wire's alleged gag order against Candace Owens exposes the complexities of ideological conflicts within conservative media outlets. This incident underscores the challenges of maintaining freedom of speech and expression within corporate structures.Religious Disputes: Owens' departure from the Daily Wire appears to stem from more than contractual disputes; religious differences may have played a significant role. Ben Shapiro's reported statement about Owens' faith adds a new dimension to the narrative, highlighting tensions over religious beliefs within the organization.Media Ethics in Question: The handling of Owens' departure raises questions about media ethics and transparency. The discrepancy between public statements and internal actions at the Daily Wire raises concerns about journalistic integrity and the importance of accountability in media organizations.The Price of Faith: Owens' steadfast commitment to her Christian faith appears to have been a contributing factor in her dismissal. This raises broader questions about religious freedom and the limits of expression in professional settings, particularly within conservative media circles.Seeking Truth Amidst Bias: AB Ridgeway emphasizes the importance of seeking truth amidst bias and manipulation in media narratives. As Owens navigates this controversy, Ridgeway encourages listeners to critically evaluate information and form their own opinions based on facts.Quotes:"The truth always comes out to the light. Candace, you're doing an excellent job. Just keep it up.""I am on the side of truth. I just want the truth.""They want to debate, but yet they want to manipulate her with contracts and legalese to make sure that she doesn't get her voice out."💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Episode Summary: In this episode, AB Ridgeway delves into the controversy surrounding Candace Owens' firing from the Daily Wire and the subsequent gag order imposed on her. He explores the implications of this situation and invites listeners to reflect on the underlying motivations behind such actions.Key Takeaways:Freedom of Speech vs. Silencing: The case of Candace Owens highlights the tension between advocating for free speech and attempting to silence dissenting voices. The imposition of a gag order raises questions about the sincerity of platforms claiming to support freedom of expression.Ethics in Media Negotiations: The revelation that the Daily Wire sought a gag order while publicly negotiating a debate with Owens underscores the ethical complexities within media organizations. It prompts reflection on transparency and integrity in journalistic practices.Faith Amidst Adversity: Owens' decision to embrace Catholicism amidst professional challenges demonstrates her reliance on faith during tumultuous times. Her firm stance on faith over worldly validation serves as a testament to enduring spiritual principles.Fan Base Loyalty: Despite facing adversity, Owens maintains a strong support base, indicating the resilience of her influence and ideas. The loyalty of her followers underscores the significance of authenticity and conviction in building a dedicated audience.The Divide Between Good and Evil: Ridgeway prompts listeners to contemplate the broader implications of Owens' situation, framing it as a symbolic battle between good and evil. This narrative invites reflection on moral integrity and the pursuit of truth in contemporary discourse.Quotes:"How petty do you have to be to preach freedom of speech and then silence dissenting voices? This situation exposes a glaring hypocrisy.""Owens' shift to Catholicism amidst adversity speaks volumes about her unwavering faith in God over human validation.""The controversy surrounding Owens reveals a broader divide between good and evil in contemporary discourse. Where do you stand?"💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Episode Summary: You're just coming off of divorce you're rebuilding your life. You find somebody that you love and you care about, you build a relationship for seven years, your business takes off to gain $1.5 million, and you are thinking of ending it. On the Dave Ramsey show, a caller is wondering if the financial success is becoming a barrier to commitment in his relationship. Through insightful analysis and personal anecdotes, Ridgeway navigates the complexities of trust, financial independence, and the desire for growth within a partnership.Key Takeaways:Navigating Trust and Autonomy: Ridgeway highlights the caller's struggle with trust and autonomy within his relationship. Despite building a life together, the caller's language reflects a strong sense of individual achievement rather than shared partnership.Financial Success vs. Emotional Commitment: The episode explores the tension between financial success and emotional commitment. The caller's fear of loss and past trauma drive his reluctance to marry, showcasing the intricate interplay between wealth and personal relationships.Learning from Past Experiences: Ridgeway emphasizes the importance of learning from past experiences, acknowledging that divorce can leave lasting scars. The caller's hesitation stems from a desire to protect himself from potential harm, demonstrating the need for healing and growth before entering a new commitment.Balancing Personal Goals and Relationship Dynamics: The discussion prompts reflection on balancing personal goals with relationship dynamics. Ridgeway challenges listeners to consider whether the caller's reluctance to marry stems from a genuine desire for personal growth or a fear of vulnerability.Seeking Spiritual Guidance: Ultimately, Ridgeway encourages listeners to seek spiritual guidance in navigating complex relationship decisions. By focusing on faith and aligning personal values with God's teachings, individuals can find clarity and direction in their journey towards love and commitment.Quotes:"If you listen very, very closely, you start to notice the pronoun use... That doesn't sound like someone who is in a relationship.""Going through the courts is actually the proper way to do it. If you are in the right, no one who's being convicted or who's a defendant wants to go to court.""Regardless of how you feel, divorce is a traumatic event... He's saying, listen, I don't necessarily want to get back into a marriage and then stunt my growth."💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Episode Summary: Two teen boaters are facing third degree felony charges for pollution after they were caught on video dumping trash into the Atlantic Ocean during a South Florida boating party. In this episode, AB Ridgeway discusses the repercussions faced by two teen boaters drawing parallels between their actions and short-sighted financial decisions, Ridgeway emphasizes the importance of long-term planning and ethical considerations when investing.Key Takeaways:Consequences of Short-Term Thinking: The incident involving the teen boaters serves as a cautionary tale about the consequences of short-sighted actions. Just as dumping trash into the ocean has long-term environmental repercussions, seeking quick financial gains without considering ethical or legal implications can lead to detrimental outcomes.Value of Long-Term Planning: Ridgeway underscores the significance of long-term financial planning over seeking immediate gratification. Investing in the future requires discipline, patience, and foresight, rather than succumbing to the temptation of quick fixes or get-rich-quick schemes.Ethical Decision-Making: Through biblical teachings and ethical reflections, listeners are encouraged to consider the moral implications of their actions. Ridgeway provides a simple framework for ethical decision-making, emphasizing empathy, accountability, and alignment with personal values.Accountability and Responsibility: The episode highlights the importance of accountability and responsibility in both personal and financial contexts. Just as the teen boaters faced legal consequences for their actions, investors must take ownership of their decisions and consider their long-term impact.Community Engagement: Ridgeway encourages listeners to engage with the podcast content and participate in discussions about ethical decision-making and accountability. By sharing insights and perspectives with others, individuals can foster a supportive community committed to ethical behavior and responsible stewardship.Quotes:"One night of pleasure can cause you a lifetime of pain... This one day on the water having fun dumping trash inside the ocean is going to cause them a lifetime of pain." - AB Ridgeway"Picking stocks is like gambling... But financial planning, strategic investing is not the same. It's where you have a plan and you're systematically making sure the odds stay in your favor." -"Do not be anxious about anything, but in everything by prayer and supplication with Thanksgiving, let your requests be made known to God... These boys have a lot to learn about discipline and long-term effects of short-term decisions." - Philippians 4:6💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.Video Reference: https://www.youtube.com/watch?v=n18czzSAcdICredits to original owner

Catholic priest Bishop Barron delivers a profound explanation of God as being itself, transcending categorical definitions. He challenges the notion of attempting to confine God within human constructs and relates this concept to the financial world, emphasizing the importance of understanding what can and cannot be controlled.Key Takeaways:God Beyond Categorical Definitions: Bishop Barron's explanation of God as being itself, as opposed to a categorical object, invites listeners to transcend human limitations in understanding the divine. By embracing the concept of God's transcendence, individuals can deepen their spiritual connection and move beyond narrow perceptions.Relating Spiritual Concepts to Finances: The analogy between understanding God and navigating financial principles highlights the importance of discerning what is within one's control. Just as God transcends human understanding, true wealth extends beyond material possessions to encompass spiritual abundance and wisdom.Shift from External to Internal: The episode encourages listeners to shift their focus from external status symbols to internal spiritual growth. True wealth is not measured by material possessions but by the richness of one's spirit and alignment with divine principles.Prudent Investing and Faith: Bishop Barron underscores the importance of prudent, patient investing grounded in faith and trust in divine guidance. While the stock market may fluctuate unpredictably, individuals can exercise control over their reactions and actions, guided by principles of prayer and faith.Seeking the Kingdom of God: Drawing from biblical wisdom, the episode emphasizes the timeless truth of seeking the kingdom of God as the ultimate pursuit. By prioritizing spiritual growth and alignment with divine principles, individuals can experience true abundance and fulfillment.Quotes:"God is not a thing in the world that you can name... I am who I am, which means I'm the Prius that's Augustine's language. I'm prior to thought and to language." - "Your wealth is not determined by what you have in your household but what you have in your spirit... What's the point of being in this world if you don't have God?" - "Seek ye the kingdom of God first and everything else would be given unto you... Make that shift away from the status symbols of cars, clothes, and money." - 💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Episode Summary: What does Tia Mowry, Britney Spears, Jeannie Mai, Jeezy, Idris, and Lynn Toler have in common? They all are dealing with what happens after divorce. In this episode, we delve into the emotional and spiritual challenges of divorce through the heartfelt testimony of a woman who experienced unexpected marital dissolution. Despite her deep faith, she found herself grappling with anger, confusion, and a sense of betrayal. However, through her journey, she discovered resilience and the power of faith to overcome adversity.Key Takeaways:Unpredictability of Life Events: Life's most significant events, such as marriage, children, and death, can be both predictable and unpredictable. Divorce, in particular, often catches individuals off guard, highlighting the need for emotional and financial preparedness.Coping with Anger and Disappointment: The speaker's raw expression of anger and disappointment towards God reflects the complex emotions experienced during times of crisis. While it's natural to question and express frustration, faith provides a foundation for healing and resilience.Navigating Faith Amidst Challenges: Despite facing immense pain and disillusionment, the speaker emphasizes the importance of maintaining faith amidst adversity. Through prayer, reflection, and community support, individuals can find solace and strength to navigate life's toughest trials.Financial Preparedness and Protection: Divorce often brings financial challenges, underscoring the importance of proactive planning. Ensuring correct account titling, appointing trusted guardians for minor children, and having early "what if" conversations can mitigate financial risks and safeguard assets.Reclaiming Faith and Hope: While divorce may shake one's faith, it doesn't have to shatter it entirely. With perseverance and a resilient spirit, individuals can emerge from divorce stronger and more grounded in their faith. There is hope for healing and restoration, even in the midst of pain.Quotes:"God can take it. He can take that anger... But I stayed there for a little while." - Reflecting on the struggle to reconcile faith with feelings of anger and betrayal."Divorce was never going to be in the cards for me... How did you let this happen?" - Expressing disbelief and grappling with the unexpected turn of events."Do not lose your faith. You can come back from this... And I have faith in that statement." - Offering encouragement and hope to those facing the challenges of divorce.💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Episode Summary: In this episode, Dave Ramsey addresses a listener's dilemma after inheriting money from their deceased brother. The listener's brother had named them and their eldest son as beneficiaries, causing tension with the deceased brother's children who feel entitled to the money. Ramsey offers insights into the importance of proper estate planning and beneficiary titling to avoid family conflicts over inheritance.Key Takeaways:Importance of Estate Planning: Ramsey emphasizes the significance of having a clear estate plan and updating beneficiaries regularly. Failing to do so can lead to misunderstandings and disputes among family members after one's passing.Family Communication: Proper communication within families regarding financial matters and estate planning can prevent misunderstandings and conflicts. Clear intentions and instructions regarding inheritance can help avoid disputes among relatives.Legal Entitlement vs. Moral Obligation: While legally entitled to the inherited money, the listener considers the moral implications of the situation. Ramsey suggests considering both legal entitlement and moral obligations when making decisions regarding inheritance distribution.Financial Planning for Future Generations: Planning for future generations involves not only financial allocation but also appointing guardians and updating titling to ensure assets are distributed according to one's wishes and minimize family conflicts.Seeking Professional Guidance: Seeking professional assistance from wealth management services can help Christians navigate complex financial matters and create plans aligned with their values and beliefs.Quotes:"You want to financially plan. You want to make sure you appoint your executors, appoint your guardians, and you want to make sure you update your titling.""People who financially plan versus people who just accumulate and die. Do not just accumulate and die. You want to financially plan.""They help Christians like you develop financial plans that will make God proud."💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Join us in this thought-provoking episode as we delve into Russell Brand's recent baptism and explore the profound implications of his spiritual journey. From battling addiction to finding solace in faith, Brand's transformation sheds light on the enduring struggle between worldly pleasures and spiritual fulfillment.Key Takeaways:Russell Brand's baptism signifies a profound shift in his spiritual journey, highlighting the quest for meaning beyond material indulgence.Amidst skepticism and speculation, Brand's journey serves as a reminder of the complexity of personal transformation and the search for authenticity.Memorable Quotes:"Realizing that it's the spirituality, it's God in and of himself that brings that peace and tranquility." - Podcast Commentator"The purpose is to worship God. The purpose is to be a servant of God." - Podcast Commentator💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

In a surprising turn of events, Candace Owens reveals her conversion to Catholicism, prompting reflections on the intersection of faith, personal growth, and life circumstances. Delve into the significance of this decision and its implications for Owens' personal and professional journey. Join the conversation as listeners contemplate the timing and motivations behind Owens' late-life religious transition.Key Takeaways:Candace Owens announces her conversion to Catholicism, citing a deep spiritual journey guided by faith and truth.Reflecting on her decision, Owens shares insights into the influence of personal relationships and life experiences on her faith journey.Memorable Quotes:"Praise be to God for his gentle, but relentless guiding of my heart toward truth." - Candace Owens"God really guides us at our lowest point." - A.B. Ridgeway💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

In this illuminating discussion, Condoleezza Rice offers profound insights into pressing societal issues, challenging prevailing viewpoints with clarity and conviction. Here are the key takeaways from her remarks:Accountability and Moving Forward: Rice unequivocally condemns the events of January 6th, emphasizing the importance of law enforcement determining accountability for those who violated the law. She underscores the necessity of acknowledging past events while also focusing on addressing present challenges and future generations' needs.Parental Involvement in Education: The former Secretary of State advocates for increased parental engagement in children's education. Rice highlights the formative role of parents during children's school years and encourages active participation in shaping educational experiences.Constructive Dialogue on Race: Rice offers a nuanced perspective on race relations, emphasizing the importance of empowerment without instilling guilt or disempowerment based on race. She calls for a balanced approach to teaching history, acknowledging both its positive and negative aspects while ensuring children are not made to feel culpable for historical injustices.Rejecting Hyperbole on Race Relations: Rice challenges exaggerated narratives about the current state of race relations, pointing out that progress has been made despite lingering systemic issues. She urges against perpetuating divisive rhetoric and emphasizes the need for constructive dialogue and understanding.Embracing Progress: Despite acknowledging the persistent challenges stemming from historical injustices like slavery, Rice celebrates the progress made in race relations. She emphasizes the importance of recognizing and acknowledging this progress while remaining committed to further improvement.Memorable Quotes:"I said at the time January 6th was wrong. I called it an assault on law and order and an assault under democratic processes. So full stop it was wrong.""Yes it happened. We have to move forward. But moving forward doesn't mean forgetting. But how we move forward is most important.""Progress is being made. For us to deny that is the same as it was 50 years ago. 100 years ago is denying all the pain, emotional, physical, and spiritual."💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Episode Summary: In this episode, host AB Ridgeway delves into the comparisons between the hush money trial involving former President Donald Trump and the past incidents of high-profile litigation, particularly that of former President Bill Clinton. He navigates through the complexities of the legal cases, highlighting key differences and addressing misconceptions perpetuated by social media and the press. AB encourages listeners to engage critically with the information presented and offers a perspective grounded in faith and moral principles.Key Takeaways:Legal Distinctions: While there are parallels drawn between Trump's hush money trial and Clinton's past settlements, it's crucial to understand the legal nuances. Clinton's payment to Paula Jones settled a civil lawsuit and was public and legal, whereas Trump's case involves felony charges and allegations of campaign finance violations.Media Narratives: AB highlights the role of the media in shaping public perception and emphasizes the importance of discerning factual reporting from sensationalism. Social media users often spread inaccurate comparisons, contributing to misconceptions surrounding the cases.Moral Reflection: Drawing from scripture, AB underscores the significance of personal accountability and moral integrity. He urges listeners to reflect on the implications of immorality, emphasizing the importance of seeking forgiveness and moving forward with integrity.The Power of Money: Despite the allure of financial solutions, AB warns against the illusion that money can solve moral dilemmas. Both cases exemplify how unresolved issues of immorality can resurface, irrespective of financial settlements.Faith and Forgiveness: AB encourages listeners to prioritize spiritual growth and forgiveness, emphasizing the transformative power of faith in navigating life's challenges. He reminds listeners of the universal need for forgiveness and redemption in the journey towards spiritual fulfillment.Quotes:"Money can only get you so far, and we've noticed that. People think with money problems will go away, but as we see here even with a million dollars, $130,000, the problems of immorality and not settling with your sin can come back to haunt you for a year, four years, or even 25 years.""For both of these individuals, I hope that they have scripture close to them. I hope that this is a lesson for my listeners that listen, you need to control your sexual immorality because you don't want these things to catch up to you 20 years later, 25 years later.""We've all sinned and fallen short of the glory of God. I'm sure everyone makes mistakes in one form or another but what we need to do is forgive ourselves, allow God to forgive us, move forward and don't try to cover things up with money."💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Episode Summary: In this episode, host A.B. Ridgeway explores the controversy surrounding former President Donald Trump's sale of "God bless the USA Bibles" for $59.99 amid mounting legal challenges. The episode features commentary on the intersection of religion and politics, prompting listeners to consider the implications of combining the Constitution with the Bible.Key Takeaways:Blasphemy or Blessing?: Reverend Lauren Livingston denounces the "Trump Bible" as blasphemous and disgusting, emphasizing the sacredness of the Word of God over political agendas.Separation of Church and State: Ridgeway delves into the debate over the separation of church and state, acknowledging the challenges of navigating faith and patriotism in a diverse society.Biblical Authority: The episode highlights Romans 13:1, which calls for submission to governing authorities, prompting reflection on the role of government in religious discourse.Hypocrisy and Profit: Ridgeway critiques the hypocrisy of political leaders using religious platforms for personal gain while condemning Trump's Bible sales, urging listeners to consider the ethical implications.Engagement and Discussion: Ridgeway encourages listeners to engage in respectful dialogue, inviting them to share their perspectives on the controversy and the intertwining of faith and politics.Quotes:"The gospel is not an American gospel; it is the gospel of the Lord Jesus Christ." - Reverend Lauren Livingston"If you glory in political mess, you do not know what the Word of God says." - A.B. Ridgeway"Your faith supersedes everything, but you've also got to love your country and the Constitution." - A.B. Ridgeway💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

Episode Summary: In this episode of "Financial Advisors Say the Darndest Things," host A.B. Ridgeway delves into the recent scrutiny faced by Morgan Stanley's wealth unit over anti-money laundering practices. He explores the concept of money laundering, the investigation's implications, and how it pertains to Christian investors.Key Takeaways:Understanding Money Laundering: Money laundering involves concealing the origins of illegally obtained money through a series of transactions to make it appear legitimate.Regulatory Scrutiny: Federal agencies are investigating Morgan Stanley's procedures for assessing the risk of money laundering among clients, highlighting the importance of due diligence.Ethical Considerations: Christian investors are reminded to uphold integrity and diligence in financial dealings, avoiding involvement in illicit activities like money laundering.Online Transactions: As more financial activities move online, individuals must exercise caution and discernment, ensuring they engage in legitimate business practices.Guarding Against Greed: Referencing biblical principles, A.B. emphasizes the dangers of succumbing to the love of money and encourages listeners to prioritize faith and honesty in their financial decisions.Quotes:"For the love of money is the root of all evil... Don't let the love of money turn you away from the faith, which is about truth, justice, and honesty." - A.B. Ridgeway"As we step back, we realize that Morgan Stanley... doesn't care where the money's coming from because they benefit from it being there." - A.B. Ridgeway"We must change our mindset away from the fear of the internet... but also protect ourselves and embrace discernment." - A.B. Ridgeway💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*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.

In this episode, we delve into the nuanced differences between the prosperity gospel and the concept of stewardship within Christianity. The speaker aims to clarify misconceptions and provide insights into how Christians can lead a life aligned with biblical principles of stewardship.Key Takeaways:Understanding Biblical Stewardship: Stewardship, as defined by the Idol Wild Foundation, acknowledges that God owns everything, and humans are mere stewards entrusted with managing His resources. It's a commitment to dedicating all aspects of life to God's service, recognizing that everything belongs to Him ultimately.Examining the Prosperity Gospel: The prosperity gospel, associated with charismatic Christianity, often promises believers material wealth and health through positive confessions and devotion. However, it blurs the line between God's abundance and the human desire for accumulation, potentially leading to a skewed understanding of faith and wealth.Differentiating Intentions: The fundamental difference between stewardship and the prosperity gospel lies in intentionality. Stewardship focuses on managing resources in alignment with God's will, using wealth not for personal gain but for the betterment of others and the advancement of God's kingdom.Navigating Wealth and Faith: While biblical scriptures acknowledge God's provision and the potential for prosperity, they also caution against the love of money and emphasize the importance of generosity and contentment. Christians are encouraged to discern their intentions behind financial pursuits and prioritize the principles of stewardship over personal wealth accumulation.Embracing True Prosperity: True prosperity, as understood through stewardship, transcends material abundance and encompasses spiritual fulfillment and obedience to God's purpose. It involves responsibly managing resources, investing in eternal treasures, and leaving a legacy of generosity and faithfulness.Conclusion:In conclusion, understanding the distinction between stewardship and the prosperity gospel is vital for Christians seeking to align their financial practices with their faith. By prioritizing intentions rooted in stewardship principles, believers can navigate wealth responsibly, honoring God with their resources and contributing to the flourishing of His kingdom.💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultationNext Steps📞 Have a question for the show? Email us at: [email protected]🏦 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.

Episode Summary: In this episode host AB Ridgeway explores the concerning trend of individuals planning to work indefinitely due to financial insecurity in retirement. Drawing from his extensive experience in the financial industry, Ridgeway discusses the societal pressures and financial habits contributing to this phenomenon. He emphasizes the importance of proactive financial planning and seeking guidance, particularly from Christian financial advisors, to secure a comfortable retirement.Key Takeaways:Fear of Change: Many people resist seeking financial advice or making necessary changes out of fear, pride, or shame. Ridgeway encourages humility and acknowledges the challenges of admitting financial struggles. He stresses the importance of seeking help from professionals, especially Christian advisors who offer understanding and supportLiving Within Means: Ridgeway explains how debt accumulates when individuals live above their means, spending future income on present expenses. He warns against the pitfalls of consumerism and urges listeners to differentiate between assets and liabilities, avoiding excessive debt Financial Preparation: With the looming uncertainty of Social Security and Medicare funding, Ridgeway urges listeners to take control of their financial future. He emphasizes the need for proactive retirement planning, including savings accounts, IRAs, and 401(k) plans, to ensure a comfortable retirement Hope and Action: Despite the challenges, Ridgeway offers hope and encouragement, emphasizing that it's never too late to start saving and planning for retirement. He encourages listeners to take practical steps toward financial security, reminding them that faith in oneself and proactive decision-making can lead to a prosperous retirement Conclusion: In a society plagued by consumerism and financial insecurity, it's crucial for individuals to break free from unhealthy financial habits and embrace responsible stewardship. Ridgeway's insights underscore the importance of seeking guidance, living within one's means, and proactively planning for retirement. By aligning financial decisions with biblical principles and seeking support from Christian advisors, listeners can navigate financial challenges with confidence and prepare for a secure and fulfilling retirement.💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultationNext Steps📞 Have a question for the show? Email us at: [email protected]🏦 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.

Episode Summary: In this episode of "Financial Advisors Say the Darnedest Things," host AB Ridgeway discusses the recent updates announced by the Biden-Harris administration regarding rules aimed at protecting retirement savers' interests. The Department of Labor's revised definition of fiduciary aims to ensure that financial advisors prioritize their clients' best interests. AB explores the implications of these changes and their significance for investors.Key Takeaways:Enhanced Investor Protection: The updated regulations emphasize the importance of financial advisors acting in their clients' best interests, ensuring prudent and honest advice free from overcharges.Importance of Fiduciary Responsibility: The fiduciary standard requires advisors to prioritize clients' interests over their own, preventing conflicts of interest and unethical practices that may harm investors.Christian Financial Advisory Principles: AB emphasizes the alignment of his firm's practices with biblical principles, highlighting the importance of shared values between advisors and clients for a successful relationship.Advisors' Accountability: The new regulations hold financial advisors to a higher standard of care, promoting transparency and accountability in the industry to safeguard investors' retirement savings.Empowering Investors: AB encourages listeners to consider the implications of these changes and engage in discussions about how the revised rules may impact their retirement planning, fostering greater awareness and empowerment among investors.Quotes:"Financial advisors on all levels are now required to adhere to high standards of care and loyalty when recommending investments, ensuring clients' interests come first.""As a Christian financial advisor, we focus on biblical principles, prioritizing values alignment with our clients for a successful partnership.""The new regulations aim to protect retirement investors from improper recommendations and conflicts of interest, ensuring they can retire with dignity."Subscribe to "Financial Advisors Say the Darnedest Things" to stay informed about the latest updates and insights in the world of financial advising.Prayer: "Lord, guide us as we navigate financial decisions, seeking wisdom and discernment in stewarding our resources. May our actions honor You and serve the well-being of others. Amen."💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultationNext Steps📞 Have a question for the show? Email us at: [email protected]🏦 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.