In this episode, host AB Ridgeway delves into the critical yet often avoided topic of estate planning and wills. With poignant anecdotes and expert insights, we uncover the repercussions of passing away without a will, emphasizing the importance of proactive financial planning.Key Takeaways:Prepare for the Inevitable: Death is an uncomfortable reality that many avoid addressing, but ignoring it can have severe consequences for your loved ones. Ridgeway highlights the necessity of facing mortality head-on and taking proactive steps to secure your family's financial future.Avoid Family Conflict: Without a clear will, the distribution of assets can lead to family disputes and legal battles. By crafting a comprehensive estate plan, individuals can minimize conflicts and ensure that their wishes are respected after they pass away.Plan Early, Plan Wisely: Estate planning isn't just for the elderly or the wealthy—it's a crucial aspect of financial responsibility at any age. Ridgeway underscores the importance of starting the estate planning process early to safeguard assets and protect loved ones.Understand Legal Implications: Passing away without a will, known as dying intestate, relinquishes decision-making authority to the state. Ridgeway emphasizes the need to comprehend the legal implications of dying intestate and the potential ramifications for family members.Seek Professional Guidance: Estate planning can be complex, and DIY solutions may not adequately address individual circumstances. Ridgeway advises seeking professional guidance from a qualified financial advisor or estate planner to navigate the intricacies of wills and estate management effectively. Quotes:"Death is one of the hardest topics to talk about in the financial world, but overcoming this fear is crucial to lower the probability of family conflict over finances.""Not having a will or dying intestate could potentially break up families, leading to bitter disputes and estranged relationships.""Estate planning isn't just about distributing assets; it's about preserving family harmony and ensuring your legacy is honored according to your wishes."Episode Summary: In this episode, AB Ridgeway sheds light on the critical importance of estate planning and wills. Through real-life examples and expert insights, listeners learn about the consequences of neglecting estate planning, including family conflicts and legal complexities. 💵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.

Former Dave Ramsey Employee Anthony O'Neal was SCAMMED out of $40,000 by a person who claimed they wanted to pay him $10,000 to be on a interview show. Not only did they steal the money but they put pornography on his Facebook page to distract them as they continued to take money from his accounts. Tune in as I give my perspective on how to protect yourself and hear the full story so this doesn't have to happen to you.

In this episode, AB Ridgeway, a certified private wealth advisor (CPWA®️) professional, delves into the concept of patience as it relates to financial planning and investing, drawing insights from biblical principles. He emphasizes the importance of long-term investing over get-rich-quick schemes, highlighting the need for patience and faithfulness in financial stewardship. AB discusses four key aspects of patience that are crucial for both financial and spiritual success, encouraging listeners to reflect on their own practices and attitudes towards waiting.Key Takeaways:Thoroughness Over Haste: AB emphasizes the significance of thoroughness over haste in financial planning. He illustrates how impatience often leads to missed opportunities and dissatisfaction, urging listeners to enjoy the journey rather than rushing towards the destination.Steadfastness in Pursuit: Being steadfast in financial endeavors is paramount, according to AB. He compares the journey of investing to navigating through traffic, where unexpected obstacles may arise but perseverance ultimately leads to success. AB encourages listeners to remain committed to their financial goals despite challenges.Systematic Approach: AB advocates for a systematic approach to investing, cautioning against being swayed by sporadic fluctuations in the market. He emphasizes the importance of setting realistic goals and sticking to a consistent investment strategy to avoid emotional reactions to short-term fluctuations.Avoiding Complaints: AB distinguishes between complaining and problem-solving, urging listeners to focus on finding solutions rather than dwelling on setbacks. He emphasizes the need to maintain a positive attitude and trust in God's plan, even in the face of financial challenges.Faithful Patience: AB concludes by emphasizing the biblical principle of patient endurance, rooted in faith and hope. He encourages listeners to trust in God's timing and remain faithful in prayer, believing that diligent financial stewardship will ultimately lead to blessings.Quotes:"Wealth gained hastily will dwindle, but whoever gathers little by little will increase it." - Proverbs 13:11"Through waiting, God is still going to test you. But even in those times, we must trust in God's decree." - AB Ridgeway"Being thorough means enjoying the journey, no matter if you are in moments of poverty or prosperity." - AB Ridgeway💵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.

In this episode of "Financial Advisors Say the Darndest Things," host AB Ridgeway explores the potential of Individual Retirement Accounts (IRAs) in helping individuals achieve millionaire status. While many Americans seek security in retirement through IRAs, AB delves into whether solely relying on them can lead to millionaire status. Through insightful analysis and examples, AB provides practical advice and alternative strategies for retirement planning.Key Takeaways:Understanding IRAs: AB breaks down the basics of Individual Retirement Accounts, highlighting their tax-deferred nature and eligibility criteria. He emphasizes the importance of consulting with a tax professional to maximize the benefits of IRAs.Limitations of IRAs: Despite their popularity, IRAs have contribution limits that may hinder individuals from accumulating the desired retirement savings. AB illustrates the potential shortfall in retirement funds solely relying on IRA contributions.Investment Strategies: AB discusses the role of investment returns in IRA growth, emphasizing the need for prudent investment strategies. He cautions against overly speculative investments and unrealistic expectations of high returns.Holistic Retirement Planning: Becoming a millionaire in retirement requires a holistic approach beyond IRA contributions. AB encourages listeners to consider diverse sources of income, expenses in retirement, and tangible goals beyond financial wealth.Integration of Faith and Finances: AB emphasizes the spiritual aspect of financial planning, urging listeners to align their financial goals with their faith values. He introduces AB Ridgeway Wealth Management as a Christian financial firm dedicated to providing holistic financial guidance.Quotes:"Life is about living.""The security of money is a false security, but the security of God is eternal.""God doesn't want your money, he wants your piety."Prayer: Dear Lord, grant us the wisdom and discernment to steward our finances wisely. Help us understand that true security comes from our faith in You, not from material wealth. Guide us in setting financial goals that align with Your will, and bless us with the discipline to achieve them. May we use our resources to glorify You and bless others in need. 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.

Episode Summary: In this episode, AB Ridgeway delves into the concept of Christian investing and stewardship. He narrates a poignant story of a faithful churchgoer who experiences financial hardship despite his devout contributions to the church. AB challenges the traditional notion of giving solely out of habit and emphasizes the importance of understanding God's true expectations regarding finances. Drawing from biblical references and personal anecdotes, he advocates for a proactive approach to financial planning rooted in Christian principles.Key Takeaways:Reframing the Concept of Giving: AB questions the conventional practice of giving to the church solely out of habit or societal pressure. He highlights the importance of giving from a place of genuine piety and understanding of God's expectations.Financial Planning as Stewardship: The episode emphasizes the role of financial planning as a form of stewardship. AB advocates for proactive debt management, savings, investing, and wealth transfer strategies to honor God with financial resources.Preparing for Financial Trials: Through the narrative of the man who lost his job, AB illustrates the importance of preparing for financial adversity through prudent planning. He outlines steps individuals can take to mitigate the impact of unforeseen challenges on their financial well-being.Understanding True Prosperity: AB critiques the prosperity gospel and challenges listeners to discern true prosperity beyond material wealth. He emphasizes the importance of using financial resources responsibly to support one's family, community, and personal growth.Seeking Financial Counsel: The episode encourages listeners to seek financial counsel aligned with Christian values. AB promotes the idea of selecting financial advisors who share one's values and prioritize holistic stewardship over mere financial gain.Quotes:"God doesn't want your money. God never wanted your money. God wants your piety.""Give with happiness and pleasure and not under duress or pressure. That is Christian investing.""If the church has to think about it before they give to you, then maybe, just maybe, you should think before you give to them because God doesn't want your money. He wants your piety."💵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 Darndest Things," host AB Ridgeway discusses the implications of a new California bill that would grant employees the right to ignore work-related communications outside of their working hours. He delves into the significance of this bill for improving work-life balance, especially in the context of remote work, and examines its potential impact on mental health and stress levels.Key Takeaways:The Right to Disconnect: AB Ridgeway highlights the importance of the right to disconnect, emphasizing how it can contribute to improved mental health and reduced stress levels among employees. By allowing workers to set boundaries between work and personal life, this policy aims to address the growing issue of burnout, particularly exacerbated by the blurring lines between work and home during the pandemic.Employer Accountability: The discussion also touches on the responsibility of employers to respect their employees' non-working hours. The proposed California bill introduces penalties for employers who violate the right to disconnect, signaling a shift towards greater accountability in maintaining work-life balance within organizations.Historical Precedents: AB references France's implementation of a similar right to disconnect law in 2017, suggesting that such policies have the potential to foster healthier lifestyles and improve overall well-being. Drawing parallels with international examples underscores the global relevance and significance of initiatives aimed at protecting employees' personal time.Potential Challenges: While acknowledging the benefits of the right to disconnect, AB raises questions about its long-term implications, particularly regarding employer-employee dynamics and potential repercussions for those who choose to exercise this right. He explores potential challenges in enforcing the policy and speculates on how companies may adapt to comply with the new regulations.Quotes:"With mental health, work-life balance, and other psychological issues our society is facing, employers are looking for ways to show that they have the work environment people need.""There are some benefits that we're not looking into... So with this new policy, I'm sure employers are going to compensate in one way or another."💵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, AB Ridgeway delves into the pressing issue of retirement planning. He discusses the increasing gap between Americans' retirement savings and the amount needed for a comfortable retirement, citing findings from a recent Northwestern Mutual survey. Ridgeway emphasizes the importance of financial planning and offers insights into determining one's retirement savings goals. He concludes by urging listeners to take control of their financial futures and seek guidance from Christian financial advisors like himself.Key Takeaways:Rising Retirement Costs: Ridgeway highlights the stark reality of retirement planning, noting the widening gap between Americans' retirement savings and their anticipated needs. He emphasizes the importance of understanding one's financial requirements for retirement and the potential consequences of inadequate savings.Importance of Financial Planning: The episode underscores the critical role of financial planning in securing a comfortable retirement. Ridgeway advises listeners to create detailed financial plans tailored to their individual circumstances, considering factors such as location, lifestyle expectations, and anticipated lifespan.Determining Retirement Goals: Ridgeway provides practical advice on determining retirement savings goals, suggesting guidelines such as saving ten times one's final salary or aiming for 80% of pre-retirement income annually. He offers examples to illustrate these concepts and emphasizes the need for ongoing assessment and adjustment.Seeking Professional Guidance: The episode concludes with Ridgeway inviting listeners to seek guidance from Christian financial advisors like himself. He emphasizes the value of working with advisors who share their clients' faith values and are committed to helping them achieve financial security and peace of mind.Quotes:"If you're listening now, this doesn't have to be you. And most likely, if you're listening now, this won't be you.""So how can we lower the probability of running out of money in retirement or not having enough? Because we all know everything is in God's decree, so we cannot control what God has ordained for us, but we can reduce the probability through the pursuit of financial knowledge.""So the safest investment you can make is organizing your finances. So, you know exactly where you stand financially and you could plan accordingly at this rate."💵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, the host explores the relationship between Christianity and wealth, addressing the polarizing views within the Christian community regarding money. They aim to bridge the gap between God and finances, emphasizing the importance of aligning financial practices with faith. Key Takeaways:Alignment of Faith and Finances: The episode highlights the misconception that money is strictly a law concept in Christianity. Instead, it emphasizes the need to combine the concepts of law and wisdom to achieve financial success. Just as Jesus combined law and wisdom to achieve salvation, Christians are encouraged to align their financial practices with their faith.The Story of the Rich Man: The story of the rich man and Jesus serves as a poignant example of the dangers of prioritizing wealth over spiritual growth. While the rich man followed the Mosaic law diligently, his attachment to wealth hindered his ability to attain salvation. This narrative underscores the importance of prioritizing spiritual values over material possessions.Financial Stewardship: The episode emphasizes the principle of financial stewardship, urging listeners to discern between needs and desires when managing their finances. By establishing clear boundaries and prioritizing responsible financial practices, individuals can honor their faith while pursuing financial goals.Heart-Centered Approach: Ultimately, the host encourages listeners to adopt a heart-centered approach to finance, recognizing that true wealth lies in spiritual abundance rather than material possessions. By cultivating a mindset of gratitude, generosity, and alignment with divine principles, Christians can experience greater fulfillment and purpose in their financial journey.Quotes:"Money is the second most discussed topic in the Bible behind the kingdom of God, yet we tend to think that money is strictly a law concept.""Just as Jesus combined the law and the wisdom to achieve salvation, we need to combine the law and wisdom if we are going to have success.""How many of us are attracted to cars, to houses, to the things other people have, and want to hoard them? They want to pursue them. How many of us track our prayers, track our gratitude, spend time with God, thanking Him for the things that we have accomplished, for the things that He has blessed us with?" 💵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 Save the Darndest Things," host AB Ridgeway addresses the issue of Social Security overpayments and the impact they have on beneficiaries. He discusses recent changes announced by Social Security Commissioner Martin O'Malley aimed at addressing these issues and providing relief to affected individuals and families.Key Takeaways:Reforming Overpayment Practices: Commissioner O'Malley announced significant reforms to the overpayment recovery process, including reducing the default withholding rate from 100% to 10% of monthly benefits. This change aims to alleviate the financial burden on beneficiaries who are struggling to repay overpayments.Shifting the Burden of Proof: Another key change is shifting the burden of proof away from the claimant in determining overpayment fault. This means beneficiaries no longer have to prove they were not at fault for the overpayment, simplifying the process for those seeking resolution.Extended Repayment Plans: The Social Security Administration will now approve repayment plans for up to 60 months, extended from the previous 36-month limit. This extension provides beneficiaries with more time and flexibility to repay overpayments without undue financial strain.Streamlined Waiver Requests: Beneficiaries can now more easily request waivers for repayment if they believe they were not at fault or lack the ability to repay. This streamlining of the waiver process aims to provide relief to those facing financial hardship due to overpayments.Improved Pay History Accuracy: Efforts will be made to work with payroll agencies to improve the accuracy of pay histories, reducing the occurrence of overpayments in the future. This proactive approach seeks to prevent future hardships for Social Security beneficiaries.Quotes:"For 88 years, the hardworking employees of the Social Security Administration have strived to pay the right amount to the right person at the right time." - Martin O'Malley, Social Security Commissioner"This overpayment can wreak havoc on the financial plan. The prior practices were very harsh and complex." - AB Ridgeway, Host of Financial Advisors Save the Darndest Things"I prefer to take the attitude of gratitude at this moment because it can happen to anyone, especially the vulnerable." - AB Ridgeway, Host of Financial Advisors Save the Darndest Things💵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 Darndest Things," host A.B. Ridgway explores the topic of average net worth by age. He delves into the societal pressure of comparing oneself financially to others and provides clarity on understanding one's own financial standing. Ridgway emphasizes the importance of contentment and stewardship from a Christian perspective while offering practical insights into financial planning.Key Takeaways:Comparison Trap: Ridgway highlights the common tendency to compare one's financial status with others, especially in the age of social media. He urges listeners to resist the allure of comparison and instead focus on personal financial goals and contentment.Understanding Net Worth: By explaining the calculation of net worth as assets minus liabilities, Ridgway demystifies a fundamental financial metric. He emphasizes the significance of this calculation in assessing one's financial health and progress.Median vs. Average: Ridgway clarifies the difference between median and average net worth, illustrating how outliers can skew average calculations. He advocates for using the median as a more representative measure of typical financial standing.Age-Based Benchmarks: Ridgway provides age-specific benchmarks for net worth, offering listeners a framework for evaluating their financial progress relative to their age group. He underscores the importance of recognizing different life stages and financial priorities.Contentment and Stewardship: Drawing from biblical principles, Ridgway encourages listeners to cultivate contentment and responsible stewardship of their financial resources. He emphasizes the spiritual aspect of financial management and aligning one's values with their financial decisions.Quotes:"Regardless of how much money we make, there's always a burning question within us. Am I making enough for my age? Am I on track, ahead, or falling behind?""The problem with the average is that the wealthy individuals actually drive that average up.""As Christian investors, it is our job to stay content because we know God will take care of us."💵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.comCreate your Financial Plan:https://www.abrwealthmanagement.comFederal Reserves Survey of Consumer Financesscf23.pdf (federalreserve.gov)

Episode Summary: In this episode AB Ridgeway delves into the concerning issue of financial fraud targeting elderly individuals, particularly women. Drawing from an article by Kathy Curtis published on CNBC, Ridgeway highlights the staggering statistics of cyber fraud losses among older Americans and the devastating impact it can have on individuals and families. He emphasizes the importance of awareness and vigilance in safeguarding against these scams, offering practical insights and strategies for protection.Key Takeaways:Elderly Vulnerability: Ridgeway underscores the vulnerability of elderly individuals, particularly women, to financial fraud due to factors such as loneliness, social isolation, and declining cognitive ability. By recognizing these vulnerabilities, listeners can better understand the risks faced by their loved ones and take proactive measures to mitigate them.Red Flags of Fraud: Through examples and anecdotes, Ridgeway highlights common red flags of fraudulent behavior, including suspicious emails, urgency and threats, and requests for personal information. By familiarizing themselves with these warning signs, listeners can better identify and avoid potential scams.Protective Measures: Ridgeway provides practical tips for safeguarding against financial fraud, such as building a support system, enhancing security measures, and establishing legal protections like power of attorney. These proactive steps empower listeners to take control of their financial security and protect themselves and their loved ones from exploitation.Empowering Action: By encouraging listeners to take proactive steps to protect their elderly parents and family members, Ridgeway emphasizes the importance of preparedness and action in combating financial fraud. Through education, awareness, and strategic planning, individuals can effectively safeguard against scams and ensure financial stability in later life.Seeking Professional Guidance: Ridgeway concludes by urging listeners to seek professional guidance and support in developing comprehensive financial plans tailored to their needs and circumstances. By leveraging the expertise of financial advisors like himself, individuals can gain invaluable insights and resources to navigate the complexities of financial management and safeguard their financial well-being.💵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.Link to full article: https://www.cnbc.com/2024/03/08/op-ed-financial-fraud-targets-older-adults-how-to-recognize-it.html

Episode Summary:In this episode, A.B. Ridgeway discusses how to transform one's financial mindset from one focused on materialism to one centered on God. Drawing from personal experience and biblical references, he highlights the dangers of coveting money and losing sight of spiritual values in pursuit of wealth.Key Takeaways:The Love of Money vs. Money Itself: The speaker clarifies the biblical concept that it's not money itself that's evil but rather the love of money. This distinction is crucial in understanding the relationship between wealth and spirituality. Coveting money and prioritizing material possessions over spiritual growth can lead to spiritual downfall.Coveting and its Consequences: Coveting, as highlighted in the Ten Commandments, is identified as a significant sin that leads individuals away from their faith. The speaker narrates a cautionary tale of a man who, in pursuit of financial success, neglected his spiritual well-being and family relationships, ultimately leading to sorrow and regret.Christian Finance Principles: The speaker outlines seven principles for Christian investors, emphasizing the importance of recognizing God's sovereignty, advancing His kingdom, and respecting His guiding principles. Seeking divine wisdom, prioritizing love over profit, and aligning financial decisions with biblical values are essential for stewarding wealth effectively.Seeking God's Wisdom: Before making any financial decision, it's crucial to seek God's wisdom through prayer and Scripture. Investors are encouraged to prioritize spiritual discernment over worldly advice and to trust in God's guidance for their financial futures.Choosing Love Over Profit: Christian investors should prioritize God's will over personal gain, focusing on maximizing the resources entrusted to them for the glory of God. This entails aligning financial goals with spiritual values and resisting the temptation to prioritize wealth accumulation over spiritual growth.Quotes:"The love of money is the root of all evil, which while some coveted after, they have erred from the faith and pierced themselves through with many sorrows.""Coveting is the sin. The sin of coveting to the point that we veer off the path of God and turn our backs from our faith. That's the sin.""Christian investors are not concerned with the returns of their neighbor, but they are focused on maximizing the assets that God has made them a steward over."💵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, our host shares his personal journey from working in the financial industry to starting his own firm, A.B. Ridgeway Wealth Management, with a focus on Christian finance. He emphasizes the importance of aligning financial practices with God's will and shares practical tips for managing finances through a Christian lens.Key Takeaways:Personal Journey and Calling: The host shares his journey from working in the financial industry to starting his own firm, highlighting the pivotal moments that led him to focus on Christian finance. He emphasizes the role of faith in guiding his decisions and how his experiences shaped his approach to wealth management.Value of Time and Relationships: Through personal anecdotes, the host underscores the importance of valuing time and prioritizing relationships over financial gain. He shares insights on how his interactions with clients influenced his decision to create a firm where faith and finances are integrated.Financial Planning with God in Mind: The host encourages listeners to approach financial planning with a focus on God's will and the well-being of future generations. He emphasizes the biblical principles of stewardship, wisdom-seeking, and prioritizing love over profit in financial decision-making.Overcoming Fear and Seeking Counsel: Addressing common fears and misconceptions about financial planning, the host emphasizes the importance of seeking counsel and admitting one's limitations. He encourages listeners to overcome fear of judgment and seek guidance in aligning their financial practices with Christian values.Characteristics of a Christian Investor: The host briefly mentions seven characteristics of a Christian investor, including trust in God's ownership, investment for kingdom expansion, seeking wisdom and counsel, and prioritizing love over profit. He encourages listeners to reflect on these characteristics in their financial journey.Quotes:"We all can be great, but we all can't be great at everything.""When we choose behaviors and make decisions that go against God's will for profit, that is where we lose, brothers and sisters.""Our lives belong to God, and that is where our loyalty should lie."💵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.comCheck out this episode as I share my thoughts.*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," Jeannie, a 58-year-old single mother, shares her heartbreaking story of losing over $600,000 to a trusted friend turned criminal. Despite her devastation, Jeannie seeks guidance on rebuilding her financial future and finding peace after betrayal.Key Takeaways:Trust and Betrayal: Jeannie's experience highlights the devastating impact of betrayal by a trusted friend. The betrayal is not merely financial but deeply personal, challenging her faith and understanding of trust.Forgiveness and Healing: The importance of forgiveness, both towards oneself and others, emerges as a crucial theme. Moving forward requires Jeannie to release anger and resentment, allowing space for healing and growth.Financial Recovery: Jeannie's journey toward financial recovery involves rebuilding trust, establishing an emergency fund, and seeking professional guidance. Slow, steady financial planning, rooted in biblical principles, is emphasized over risky investments or get-rich-quick schemes.Seeking Counsel: Proverbs 15:22 underscores the significance of seeking wise counsel in financial matters. Jeannie's story serves as a reminder of the value of seeking multiple advisors and adhering to biblical principles in financial decision-making.Combining Faith and Finances: Integrating faith and finances is essential for living a life rich in spirit and righteous in action. Jeannie's story prompts reflection on aligning financial practices with Christian values and seeking God's guidance in all aspects of life.Quotes:"We have like a process for when a friend stabs us in the back. We don't have a good psychology for when a friend stabs us right in the face.""Your emotional reactivity is gonna color what you do next... You have to go into this next season as clear-eyed as you can be.""As Christian investors, we are not trying to get rich quick. We are trying to establish a plan that is consistent, easy to execute, and pleases God."💵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 Save the Darndest Things," host A.B. Ridgeway dives into the contentious issue of tipping culture in America. Drawing on Candace Owens' frustration and personal experiences, Ridgeway questions the rationale behind tipping and explores whether it's time to rethink this practice. From unexpected places like wedding dress shops to the broader implications for service industries, this episode challenges listeners to reconsider the societal norms around tipping.Key Takeaways:Rethinking Tipping Norms: Ridgeway questions the societal norms surrounding tipping, especially in contexts where it seems unnecessary or disproportionate. From coffee shops to wedding dress stores, he challenges listeners to consider whether tipping should be reserved for exceptional service rather than expected as a default.Tipping Fatigue: The episode highlights the phenomenon of "tipping fatigue," where individuals find themselves tipping multiple times a day for various services. Ridgeway suggests that this widespread practice can lead to financial strain and calls for a reevaluation of how and when tipping should occur.Employer Responsibility: By discussing the low base wages for service industry workers, Ridgeway sheds light on the role of employers in perpetuating tipping culture. He argues that employers should take greater responsibility for adequately compensating their employees rather than relying on customers to make up the difference through tips.Questioning Health and Service Charges: Ridgeway scrutinizes additional charges like health fees in restaurants, questioning whether customers should be responsible for covering these costs. He argues that such charges can feel unfair and urges listeners to consider whether they are truly necessary or simply a way for businesses to offload expenses.Quotes:"I now recognize that he is right. If you think that's absurd, walking around at the coffee shop and just having them do nothing but take your order and then asking to be tipped 20% for punching in some stuff on a flat screen.""Utterly outrageous. I can't even imagine. Oh, OK. We're expecting you to pay thousands of dollars for your wedding dress. And here's an additional fee for simply trying it on, having us do our jobs and assist you while you're trying on a wedding dress."Next 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.comCheck out this episode as I share my thoughts.Dave Ramsey's thoughts on Tippinghttps://youtu.be/VgNp1S_Fin0Video source/audio credit and rights: Candace Owens Podcast: https://www.youtube.com/watch?v=LQCvBAsjZw0*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 ,A.B. Ridgway delves into the contentious topic of Christian nationalism and its implications for American society. Drawing from recent political discourse and media coverage, Ridgway explores the concept of rights originating from God rather than from human institutions, highlighting the potential risks and consequences of this belief.Key Takeaways:Understanding Christian Nationalism: Ridgway emphasizes the importance of discerning between Christian nationalism and mainstream Christianity. He explains that Christian nationalists assert that rights derive directly from God, not from earthly authorities like Congress or the Supreme Court. This distinction is crucial for comprehending their worldview and influence.Historical Context and Religious Principles: The episode delves into historical perspectives on the concept of natural law, which has been invoked positively in movements like social justice and civil rights. Ridgway acknowledges the validity of principles like "love thy neighbor" and "do not steal," which are rooted in religious teachings but also resonate across diverse moral frameworks.Guarding Against Totalitarianism: Ridgway and his guest, Bishop Barron, warn against the potential dangers of conflating government authority with divine authority. They argue that grounding rights in a transcendent source, such as God, serves as a safeguard against totalitarianism and ensures the integrity of democratic governance.Challenges to Religious Freedom: The episode addresses concerns about the erosion of religious liberties and the rise of hostility toward religion, particularly Christianity, in contemporary discourse. Ridgway urges listeners to recognize and confront attempts to marginalize Christian values in society, advocating for the preservation of religious freedom.Call to Action: Ridgway concludes by urging listeners to reflect on the implications of recent events and to engage in dialogue about the intersection of faith, politics, and societal norms. He encourages proactive participation in defending Christian values and principles in the public sphere.Quotes:"The problem with that is that they are determining what God is telling them... And in the past, that so-called natural law... has been used for good in social justice campaigns." - A.B. Ridgway"It is exceptionally dangerous when we forget the principle that our rights come from God and not from a government." - Bishop Barron💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation📞 Have a question for the show? Email us at: [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.

Show Notes:Join host Ridgeway on "Financial Advisors Say the Darndest Things," the go-to Christian finance podcast, as he delves into the controversial topic of Christian nationalism and its implications for believers. In this episode, Ridgeway addresses the recent attacks on public figures like Candace Owens before she converted to be a Catholic, who is a black conservative, highlighting the intersection of faith, culture, and finance.Key Discussion Points:Unpacking Christian Nationalism: Ridgway begins by dissecting the notion of Christian nationalism, which has sparked debates and controversies across media platforms. He explores how this term has been weaponized and misrepresented, leading to misunderstandings about the intersection of faith and patriotism.The Hollywood Spin: Ridgway sheds light on Hollywood's role in shaping public perception of Christianity, citing examples of documentaries like "God and Country" directed by Rob Reiner. He emphasizes the importance of discernment in navigating mainstream narratives that often demonize Christian beliefs.Financial Resilience Amidst Censorship: Against the backdrop of platform censorship and demonetization faced by figures like Candace Owens, Ridgeway encourages listeners to prioritize spiritual wealth over financial gain. He emphasizes the power of faith in overcoming adversities and staying true to one's convictions.Renewing Faith and Strengthening Prayers: Ridgeway urges Christians to reclaim their identity and heritage by deepening their understanding of biblical principles. He advocates for a proactive approach to spiritual growth, emphasizing the need to resist cultural pressures and stand firm in one's faith. Quotes:"But to use Christian nationalist as a derogatory term is just sickening.""Suddenly Christianity is being smeared and libeled and attacked, and they are trying to make it synonymous with white supremacy.""Don't be ashamed of who you are and what you believe because they are coming for you." Keywords:Christian finance podcastChristian nationalismFinancial resilienceHollywood propagandaPlatform censorship💵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 Advisor: Say the Darndest Things," host AB Ridgeway explores a caller's dilemma regarding Social Security benefits. The caller, who just turned 68, is contemplating whether to begin receiving benefits now or wait until age 70. AB and Dave Ramsey provide insights into the financial implications and considerations involved in this decision.Key Takeaways:Delayed Retirement Credits (DRCs): Waiting to receive Social Security benefits beyond full retirement age accrues delayed retirement credits, increasing the monthly benefit by approximately 8% per year. However, the decision to delay must consider the time it takes to break even and personal financial circumstances.Investment Considerations: While delaying benefits may result in higher payouts, investing the funds instead can potentially yield greater returns, especially considering individual risk tolerance, investment knowledge, and market conditions.Realistic Expectations: Financial planners emphasize the importance of realistic expectations regarding investment outcomes. While taking Social Security benefits early and investing them is an option, it's crucial to avoid overestimating potential returns and to acknowledge the unpredictability of the market.Benefit Estimate Letter: Utilizing resources such as the Social Security Administration's benefit estimate letter can assist individuals in making informed decisions about when to begin receiving benefits. Accessing this information early enables better financial planning.Personal Decision: Ultimately, the decision to claim Social Security benefits is highly personal and should align with individual financial goals, needs, and circumstances. There is no one-size-fits-all approach, and individuals should carefully evaluate their options before making a decision.Quotes:"To determine how long will it take to even break even if she delays it and how much will she actually get if she starts taking it now?""Once you crunch the numbers, it becomes clear that taking the money now and having control of it is going to be in your favor.""She should take it out and do something with it. But as far as giving her the expectation that she's going to outperform what would happen if she kept it in her social security, I think that's a little too far."0:00 - Introduction0:10 - Should I take out Social Security Now or Wait?1:55 - When will you break even for your Social Security Benefits?2:55 - Dave Breaks Down the Social Security Calculations of the caller3:03 - A.B. Ridgeway doesn't agree with Dave Ramsey5:39 - How to Find Out How Much Social Security Benefits You'll Receive💵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]*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, A.B. Ridgway explores the decision of when to start collecting Social Security benefits. Through interviews with individuals who opted to take their benefits early, listeners gain insights into the diverse reasons behind such decisions. The episode emphasizes the importance of personal circumstances and individual needs in making financial choices, particularly regarding Social Security.Key Takeaways:Diverse Perspectives on Social Security: The episode highlights contrasting views on when to start collecting Social Security benefits, ranging from taking it as soon as possible to waiting until full retirement age. This diversity underscores the complexity of the decision and the need for personalized considerations.Emotional Factors in Financial Decision-Making: A significant takeaway is the role of emotions in financial choices. For instance, one interviewee's decision to take Social Security early was driven by a fear of mortality rather than purely financial considerations, illustrating the emotional aspect of financial planning.Individual Needs Over External Influences: The importance of prioritizing individual needs over external influences like societal norms or peer recommendations is emphasized. Listeners are encouraged to make decisions based on their unique circumstances rather than external pressure.Potential Regrets and Future Concerns: The episode discusses the regrets some individuals have regarding their Social Security decisions, highlighting the importance of thoughtful planning to avoid future financial concerns and regrets.Seeking Professional Guidance: A.B. Ridgway encourages listeners to seek professional financial advice tailored to their specific situations. This underscores the value of working with a financial planner to navigate complex decisions like when to begin collecting Social Security benefits.Quotes:"Many times we think of why people take social security early or make financial decisions. It's said we make decisions emotionally and justify them logically." - A.B. Ridgway"Sometimes making financial decisions is a feeling process, and a financial planner should respect that as well." - A.B. Ridgway"An individual decision based on individual needs... what you need for you in your life." - A.B. RidgwayKey Moments:0:00 - Introduction0:20 - Retirees shares EMOTIONAL stories of Social Security Withdrawals1:54 - Why Retirees Take Social Security Early and Why They Wait4:03 - Final thoughts from 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, A.B. Ridgway discusses the Biden administration's new rule to limit late fees on credit card payments, aiming to alleviate financial burdens on American consumers. Ridgway analyzes the implications of this policy change against the backdrop of rising consumer debt and critiques the reliance on credit cards as emergency funds.Key Takeaways:Impact of Late Fee Reduction: The new rule limiting late credit card payment fees to $8 presents a significant relief for American consumers burdened by high debt. With an estimated $10 billion in potential savings annually, this policy aims to address the financial strain caused by late payment penalties.Debt Management Strategies: Ridgway emphasizes the importance of developing sound financial habits, such as building emergency funds and avoiding excessive reliance on credit cards. He underscores the need for personal responsibility in managing finances, advocating for strategies like saving more, spending less, or increasing income to tackle debt effectively.Credit Card Industry Response: Despite the intended benefits for consumers, Ridgway predicts resistance from credit card companies, suggesting potential adjustments such as increased interest rates to offset revenue losses from reduced late fees. He highlights the industry's profit-driven nature and cautions against expecting long-term financial relief solely from regulatory interventions.Evaluating Economic Policies: The discussion prompts reflection on the broader implications of economic policies, particularly in an election year. Ridgway explores public sentiment regarding President Biden's economic management and questions whether policy changes effectively address underlying financial challenges faced by Americans.Financial Education and Empowerment: Beyond policy reforms, Ridgway advocates for prioritizing financial education to empower individuals in making informed financial decisions. He encourages viewers to assess their spending habits critically and consider alternatives to credit card reliance, fostering long-term financial stability and independence.Quotes:"The credit card is not your emergency fund. If you're putting essentials like food and clothing on your credit card, that means your lifestyle is more expensive than your income.""There's only three ways to fix it. Either you save more, you spend less, or you make more. That's it.""In an attempt to help those who are stricken by late charges, everyone is going to be affected."💵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.All rights reserved to ABC News: https://www.youtube.com/watch?v=xc2hdxcOuXY

Episode Summary: In this episode, Dave Ramsey addresses a caller's question about when to start drawing social security benefits. The caller provides details about her financial situation, including her pension and retirement savings. Dave discusses the caller's options and emphasizes the importance of considering all aspects of retirement planning.Key Takeaways:Multiple Streams of Income: Dave highlights the caller's approach of not relying solely on social security by maintaining multiple streams of income. He emphasizes that individuals can establish income streams through saving and slowly withdrawing funds as needed, providing financial stability in retirement.Understanding Net Worth: The caller demonstrates a strong understanding of her financial situation by providing details about her total net worth, including assets like her house, 401k, and savings. This awareness is crucial for effective retirement planning and financial management.Social Security's Role: While Dave suggests that social security may not significantly impact the caller's finances due to her substantial net worth, he acknowledges that every dollar matters. He encourages listeners to consider the broader impact of social security income, such as its potential for charitable giving or establishing funds for specific purposes.Financial Planning Beyond Investments: Dave emphasizes the importance of comprehensive financial planning beyond investment strategies. He discusses the need for estate planning and addressing family dynamics to ensure a secure and fulfilling retirement.Consulting a Financial Planner: The episode underscores the value of consulting a financial planner to navigate complex financial decisions and ensure a holistic approach to retirement planning. Dave emphasizes the importance of understanding personal goals and family dynamics to create a tailored financial strategy.Quotes:"Social security doesn't mean beans to you. You got $3 million.""It's a mathematical discussion is all it is. It's just like a little math riddle is all it is.""Your whole life is governed by the fact that you have the returns on $3 million to live out the rest of your life in style with incredible generosity and with incredible enjoyment."💵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/Audio source: https://www.youtube.com/watch?v=MFVuHk3fYeE&list=WL&index=7All rights to Dave Ramsey

Episode Summary: In this episode of "Financial Advisors Say the Darndest Things," host A.B. Ridgeway explores the question: "Is Social Security really a scam?" With insights from experts and real-life examples, Ridgeway dives into the complexities of Social Security and its implications for retirement planning.Key Takeaways:Social Security as an Inadequate Solution: Ridgeway highlights the concerns around relying solely on Social Security for retirement income. With an aging population and increasing debt, he emphasizes the need for alternative financial planning strategies beyond government assistance.The Importance of Personal Investment: Guests on the show underscore the significance of personal investment in securing financial stability for retirement. By investing wisely and early, individuals can potentially accumulate substantial wealth over time, offering greater financial security in retirement.Challenges Faced by Lower-Income Workers: The episode sheds light on how lower-income and minority workers are disproportionately affected by the current Social Security system. Despite contributing for decades, many may receive minimal benefits, highlighting the systemic inequalities within the program.Proposals for Reform: Ridgeway and his guests propose reforms to the Social Security system, advocating for a universal benefit structure and greater options for personal investment. By adjusting benefits and addressing demographic disparities, they argue for a more sustainable and equitable system.Taking Control of Financial Future: The episode concludes with a call to action for listeners to take control of their financial futures. Ridgeway encourages proactive planning and offers resources for individuals to educate themselves on retirement options and avoid potential scams.Quotes:"I could have put my Social Security money for 40 years in tax and in the market and probably worth eight to 10 million today." - A.B. Ridgeway"Social Security should be a supplement. It should be a way to establish cash flow." - Guest"I help Christians like you prepare for your future so you don't have to rely on man in order to live a happy retirement." - A.B. RidgewayKey Moments:0:00 - Can Retiree's live off of 2,000/month?0:55 - What if I could invest my Social Security?1:07 - Can we rely on the government to save for our retirement?1:45 - Why is Social Security taxed twice?2:50 - Low income and African-American may not get anything3:55 - What is the solution to the Social Security Problem?💵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: The podcast delves into the seismic shift in Weight Watchers' landscape following Oprah Winfrey's departure from its board and the subsequent fallout in the company's stock value. Winfrey's endorsement had long been intertwined with Weight Watchers' success, but her exit and revelations about her weight loss methods have sparked significant market reactions and discussions about health and investment strategies.Key Takeaways:Financial Implications of Celebrity Endorsements: Oprah Winfrey's departure from Weight Watchers' board triggered a notable decline in the company's stock value, underscoring the influence of celebrity endorsements on investor sentiment and market performance. This highlights the importance of diversification in investment portfolios to mitigate concentration risk.The Role of Perception in Stock Market Dynamics: The episode emphasizes the role of perception in stock market fluctuations, particularly in response to leadership changes within companies. It underscores the need for investors to consider both fundamental factors and market sentiment when making investment decisions.Cultural Shifts in Weight Management: Winfrey's endorsement of a weight loss drug prompts a discussion on cultural attitudes toward weight management and the increasing reliance on pharmaceutical interventions. This reflects broader societal shifts in approaches to health and wellness, which may impact industries like Weight Watchers.Long-Term Investment and Health Strategies: The podcast advocates for long-term perspectives in both investment and health strategies, emphasizing the importance of discipline, mindset, and intentionality. Just as successful investing requires a commitment to long-term participation in the market, sustainable weight management involves consistent lifestyle choices over time.Navigating Uncertainty: Listeners are encouraged to adopt a resilient mindset in the face of market volatility and personal health challenges. While fluctuations in stock prices and health trends may create uncertainty, maintaining a focused and informed approach can help individuals weather such changes effectively.Quotes:"Wow, 20% in one day. That's a lot. And yes, that's what we talk about concentration risk." - A.B. Ridgeway"Leadership is going to come in and out. It's going to affect the stock and it's going to cause fluctuation and volatility." - A.B. Ridgeway"I'm absolutely done with the shaming from other people and particularly myself." - Oprah Winfrey💵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," AB Ridgeway debunks the myth that only those born into wealth can become millionaires. He breaks down three key levers to achieving financial prosperity, emphasizing the importance of time, consistency, and smart investment strategies.Key Takeaways:The Power of Time: Ridgeway stresses the significance of time in accumulating wealth. Through compounding interest, investments grow exponentially over decades, showcasing the value of long-term financial planning.Consistency in Investing: He emphasizes the need for consistent investing, regardless of one's income level. By starting early and contributing regularly, even modest earners can build significant wealth over time.Understanding Investment Returns: Ridgeway provides insights into investment returns, emphasizing the importance of realistic expectations. While market fluctuations are inevitable, disciplined and patient investing can lead to long-term financial success.Redefining Financial Goals: Rather than fixating solely on reaching a million-dollar milestone, Ridgeway encourages listeners to redefine their financial goals based on personal values and aspirations. True wealth, he argues, lies in achieving financial freedom and security.Discipline, Patience, and Persistence: Ultimately, Ridgeway underscores the importance of discipline, patience, and persistence in financial endeavors. Building wealth is a lifelong journey that requires commitment and prudent decision-making.Quotes:"Every single day you are not investing aggressively, you are losing a tremendous amount of money.""True wealth comes from being able to live the lifestyle that you want and not have to worry about anything.""Investing is a process that occurs over your lifetime, not something you do one year and quit the next."💵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 and sound credit: https://www.youtube.com/watch?v=Sriduzz9NjM

Episode Summary: In this episode of "Christian Financial Advisor," host AB Ridgeway discusses the importance of living below one's means, drawing inspiration from the frugal lifestyle of former NFL player Ocho Cinco Johnson. Despite earning millions, Johnson's commitment to living modestly highlights the societal pressures surrounding wealth and the true value of financial freedom.Key Takeaways:Living Below Your Means: Johnson's story emphasizes the significance of living below one's means, regardless of income level. By prioritizing financial discipline and avoiding lifestyle inflation, individuals can achieve long-term stability and contribute more generously to others.Rejecting Societal Norms: Ridgeway highlights the societal pressures to conform to a certain standard of living, often fueled by a desire for validation and acceptance. Johnson's example challenges this mindset, advocating for authenticity and self-worth independent of material possessions.The Trap of Lifestyle Creep: Ridgeway explains the concept of lifestyle creep, wherein increased income leads to higher spending rather than greater savings. Johnson's commitment to financial prudence serves as a reminder to avoid this trap and prioritize savings and investments.Seeking True Wealth: True wealth, as exemplified by Johnson, transcends material possessions and external validation. Ridgeway underscores the importance of inner fulfillment and purpose-driven living, echoing biblical teachings on the dangers of pursuing wealth for its own sake.Financial Freedom Through Discipline: Johnson's disciplined approach to finances underscores the path to true financial freedom. Ridgeway emphasizes the importance of setting financial goals, living within one's means, and prioritizing long-term financial security over short-term gratification.Quotes:"I don't need validation from nobody on the outside. That's another downfall. In society, we always need validation and acceptance from others." - Ocho Cinco Johnson"The dumbest way to prove that you have money is to spend it... It's an insecurity in and of ourselves that we feel that we are not good enough to be associated with these individuals." - AB Ridgeway"I don't need to prove my worth to you by spending. I am my worth." - 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.Dave Ramsey via YouTube sounds/video credit: https://www.youtube.com/watch?v=vqDwZY7HkCU

Episode Summary: In this episode of "Financial Advisors Who Say the Darndest Things," AB Ridgeway delves into the importance of preparing a will, emphasizing the consequences of not having one through a real-life scenario. He discusses the complexities that arise when assets are not properly allocated, especially in blended families, and offers practical advice on how to navigate such situations according to biblical principles.Key Takeaways:Importance of Estate Planning: Ridgeway stresses the significance of estate planning, highlighting that a will is not just about distributing assets but also about providing clarity and peace of mind to loved ones left behind. Without a will, families risk disputes and complications that could have been avoided with proper preparation.Seeking Professional Help: While a will may seem straightforward, Ridgeway emphasizes the need for professional assistance, such as attorneys specializing in estate planning. This ensures that documents are legally sound and tailored to individual circumstances, reducing the likelihood of ambiguity or disputes.Biblical Principles: Drawing from Proverbs 13:22, Ridgeway underscores the biblical mandate for leaving an inheritance to one's descendants. He argues that neglecting to create a will contradicts these principles, potentially jeopardizing the financial well-being of future generations.Timeliness of Decision-Making: Ridgeway advises listeners to address estate planning decisions proactively, especially during significant life events. Waiting until crises occur can lead to rushed or uninformed choices, potentially exacerbating family tensions and financial burdens.Financial Empowerment: Finally, Ridgeway advocates for financial literacy and empowerment, encouraging listeners to take control of their financial futures. He offers resources and strategies, such as paying off mortgages faster, to help individuals achieve greater financial stability and security.Quotes:"A good man leaves an inheritance to his children's children, but the sinner's wealth is laid up for the righteous." - Proverbs 13:22"Wills are not complicated documents... It's basically just a questionnaire. You fill it in and at least you have something." - AB Ridgeway"If you want to reduce the probability of dealing with your beneficiaries and the mortgage... then that means you need to pay down the mortgage as soon as possible." - 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 of "Financial Advisors Say the Darndest Things," host AB Ridgeway explores the journey of a Texas millionaire who found success in the eyeglass and hearing aid industry. Through a combination of hard work, seizing opportunities, and faith in God, the guest shares how he went from earning $1.5 million to over $16 million in a single year. Ridgeway emphasizes the importance of incorporating spirituality into financial endeavors and taking calculated risks to achieve financial growth.Key Takeaways:Combining Hard Work and Opportunity: The Texas millionaire's story highlights the importance of being prepared to seize opportunities when they arise. In his case, the bankruptcy of American Airlines presented a unique chance to cater to the hearing needs of affected employees, resulting in significant financial gains.Fearlessness in Financial Growth: Ridgeway stresses the need for entrepreneurs to overcome fear and take calculated risks to scale their businesses. Reinvesting profits, expanding investments, and being unafraid to spend money to make money are vital strategies for achieving substantial financial growth.Spiritual Guidance in Financial Ventures: The guest underscores the significance of integrating faith into financial pursuits. By seeking guidance from God and aligning actions with spiritual principles, individuals can navigate challenges, maintain focus, and ultimately achieve prosperity.Persistence and Resilience: Building wealth requires persistence and resilience in the face of obstacles and setbacks. Ridgeway encourages listeners to remain steadfast in their pursuit of financial goals, emphasizing that success may not come immediately but is attainable with dedication and perseverance.Preparation for Economic Turmoil: As economic challenges loom, Ridgeway advises listeners to prepare for potential layoffs and market fluctuations. Educating oneself and taking proactive measures can help individuals navigate uncertain times and ensure a smooth transition in their careers.Quotes:"Make God a part of your life. That may scare some people away, but that's the only answer I know." - AB Ridgeway"Focus on God, focus on your purpose, and you just might be the next millionaire." - AB Ridgeway"Reinvest into yourself, focus on God, and the money will come." - 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 of "Financial Advisors Say the Darndest Things," host A.B. Ridgway delves into the topic of job loss, particularly in the context of potential layoffs due to economic downturns or advancements in technology. He offers practical advice and strategies for listeners to prepare themselves financially in case they face job loss, emphasizing the importance of building emergency funds, managing debt, and exploring alternative sources of credit. Through biblical wisdom and financial expertise, Ridgway guides listeners on how to navigate the uncertainties of employment and financial stability.Key Takeaways:Building Emergency Funds: Ridgway underscores the significance of having six to nine months' worth of living expenses set aside in an emergency fund. He advises listeners to prioritize increasing their reserves to cushion the impact of potential job loss, emphasizing the need to cut unnecessary expenses and allocate extra funds to their emergency savings.Managing Debt During Job Loss: Addressing the challenge of debt repayment amid unemployment, Ridgway suggests reaching out to creditors to inquire about hardship programs. He explains how such programs can help temporarily alleviate financial burdens by lowering interest rates or freezing credit card balances, providing much-needed relief to individuals facing job loss.Exploring Alternative Sources of Credit: Ridgway highlights the importance of establishing alternate lines of credit with lower interest rates, such as home equity loans or lines of credit. He advises listeners to proactively consider these options to mitigate financial stress during periods of unemployment, emphasizing the need to maintain good payment history and creditworthiness.Preparation and Planning: Emphasizing the biblical principle of diligent preparation, Ridgway encourages listeners to take proactive steps to secure their financial well-being. From building emergency funds to exploring debt management strategies, he emphasizes the importance of planning ahead and seeking professional guidance when needed.Seeking Professional Financial Advice: Ridgway concludes by offering listeners a resource guide covering various financial considerations in the event of job loss. He encourages individuals to seek professional financial advice and underscores the importance of incorporating biblical principles into financial planning for long-term stability and prosperity.Quotes:"Now is not the time to relax. It is the time to prepare for the unexpected.""I perceive that there is nothing better for them than to be joyful and to do good as long as they live.""Financial advice should have God in it."💵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 discusses the importance of retirement planning, especially for young couples. He emphasizes the need to start planning early and highlights various retirement account options like IRAs and 401(k)s. Ridgeway provides insights into maximizing contributions, understanding employer matching programs, and the significance of seeking financial advice. The episode concludes with a reminder to review and consolidate retirement accounts from previous jobs.Key Takeaways:Start Early: Ridgeway stresses the importance of initiating retirement planning early in life. He points out that young adults often overlook retirement savings due to immediate financial priorities but highlights the long-term benefits of starting early.Understand Retirement Vehicles: Explaining retirement account options like IRAs and 401(k)s, Ridgeway simplifies the complexities surrounding contribution limits, tax implications, and employer matching programs. He encourages listeners to explore these options with a financial advisor to make informed decisions.Maximize Contributions: Ridgeway advises maximizing contributions to retirement accounts, especially when employers offer matching programs. By taking advantage of these opportunities, individuals can accelerate their retirement savings and benefit from compounding growth over time.Review and Consolidate: One key takeaway is the importance of regularly reviewing retirement accounts and consolidating assets from previous jobs. Ridgeway highlights the risk of neglecting old accounts and provides guidance on rolling over assets to maximize returns and avoid financial loss.Seek Professional Guidance: Throughout the episode, Ridgeway emphasizes the value of seeking professional financial advice. He encourages listeners to consult with tax professionals and financial advisors to optimize their retirement planning strategies and navigate complex financial decisions effectively.Quotes:"Saving for retirement just isn't important because, I mean, think about it, you're 21, maybe 22. You're just getting into the job force and you think, you know what? I have 40 to 45 years to kind of figure all that stuff out. Let me enjoy life now." - A.B. Ridgeway"Many times we see people with these large cash holdings in their retirement account... So if you go to your retirement account right now, you look at the statement and you see cash and you see something like 10 and $20,000, $30,000, you may not be investing into anything. And that could be a problem because your money is not growing." - A.B. Ridgeway"I do want to make this point before I go... If you've had jobs before or if you're married to someone who may have had prior jobs before you got together, I would recommend you trying to figure out if you had a retirement account at the prior job." - 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, A.B. Ridgeway delves into the topic of debt from a Christian perspective. He emphasizes the importance of discussing financial matters, including debt, in relationships, and offers strategies for paying off debt effectively. A.B. introduces the snowball and avalanche techniques for debt repayment, providing insights into their differences and guiding listeners on how to choose the right approach for their situation.Key Takeaways:Importance of Financial Transparency in Relationships: A.B. Ridgeway stresses the significance of discussing financial matters, particularly debt, early in relationships. He highlights how avoiding these discussions can lead to unexpected challenges and emphasizes the need for financial compatibility.Debt Repayment Strategies - Snowball vs. Avalanche: A.B. introduces two popular debt repayment strategies: the snowball technique and the avalanche technique. He explains how the snowball technique focuses on paying off debts with the lowest balance first, while the avalanche technique prioritizes debts with the highest interest rates.Psychological Wins of the Snowball Technique: A.B. discusses the psychological benefits of the snowball technique, emphasizing how it provides a sense of accomplishment by quickly paying off smaller debts. He explains how this approach can motivate individuals to continue their debt repayment journey.Considerations for Debt Repayment: A.B. offers practical advice for individuals considering debt repayment strategies. He advises listeners to prioritize making minimum payments on all debts while allocating extra funds towards targeted debts, ensuring a balanced approach to debt management.Financial Planning for the Future: A.B. concludes by emphasizing the importance of financial planning for the future, including retirement savings. He encourages listeners to seek professional guidance and to stay informed about various financial options available.Quotes:"As Christian investors and stewards of God's wealth, we know that the debtor is a slave to the lender.""The snowball technique is used in Dave Ramsey programs because it really makes you feel good to know you're paying down your debt and you're getting some things off.""Some of us love to see zero balances. Some of us love to know that we're saving money. I am the love to know I'm saving 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 of "Financial Advisors Say the Darnedest Things in My Mom's Favorite Christian Financial Advisor," host AB Ridgeway delves into the blessings and curses of compound interest in retirement planning. He discusses the origins of the quote attributed to Albert Einstein, explaining the concept of compound interest and its impact on retirement plans, both positively and negatively.Key Takeaways:The Mystery of Compound Interest's Origins: Ridgeway explores the uncertainty surrounding the famous quote often attributed to Albert Einstein regarding compound interest. He highlights the speculation around its source and emphasizes the significance of compound interest in shaping retirement plans.Understanding Compound Interest: The episode breaks down compound interest into simple terms, distinguishing it from simple interest. Ridgeway illustrates how compound interest works using relatable examples, emphasizing its power to either build wealth through investments or accumulate debt over time.The Impact of Debt on Retirement: Ridgeway warns about the dangers of accumulating debt and the detrimental effects of compound interest on debt repayment. He uses practical examples, such as credit card debt and loans, to illustrate how interest compounds, potentially leading to financial strain and hindering retirement goals.Debt Management Strategies: The host encourages listeners to assess their debt and develop strategies for paying it down effectively. He emphasizes the importance of making consistent payments above the minimum to accelerate debt repayment and minimize interest charges, ultimately promoting financial freedom.The Spiritual Aspect of Financial Planning: Ridgeway concludes by reflecting on the spiritual implications of financial decisions, urging listeners to consider the long-term impact of their actions on others and their spiritual well-being. He emphasizes the importance of ethical conduct and the potential for both good and evil deeds to compound over time.Quotes:"Compound interest is the most powerful force in the universe... or is it? The origins of this famous quote attributed to Albert Einstein remain shrouded in mystery.""Dealing in debt is a very dangerous game... Debt management is something that we never get away from.""With patience, perseverance, persistence, consistency, and due diligence, you too can benefit from the blessings of compound interest."💵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 and my mom's favorite Christian financial advisor," host A.B. Ridgeway delves into the topic of unity within the Christian community. He questions whether congregating solely amongst believers and turning away from society is beneficial or harmful. Ridgeway draws on an article from Christianity Today by Kerry McKean titled "Like Minded, Not Like Me," which explores the dangers of self-segregation. He offers insights into the basics of fellowship, the impact of algorithms and social mirroring, and the dangers of conceit and vain ambitions in financial planning.Key Takeaways:Basics of Fellowship and Biblical Principles: Ridgeway emphasizes the importance of fellowship based on biblical principles. He highlights the potential dangers of homogeneity within Christian communities, citing Kerry McCain's realization about the dangers of self-segregation. By internalizing the Word and applying it to personal beliefs, individuals can avoid the pitfalls of herd mentality and groupthink.Breaking Free of Algorithms and Social Mirroring: Ridgeway discusses the role of algorithms in shaping individuals' viewpoints and urges listeners to step outside their comfort zones. He warns against the dangers of echo chambers created by social media algorithms, which reinforce existing beliefs and hinder diverse perspectives. By seeking alternative viewpoints, individuals can avoid the trap of assuming familiarity equates to correctness.Avoiding Conceit and Vain Ambitions: Ridgeway cautions against the dangers of conceit and self-centered financial planning. He encourages listeners to consider the broader mission of stewarding God's wealth and prioritizing the needs of others. By seeking counsel from diverse sources and avoiding arrogance, Christians can align their financial plans with biblical principles and foster unity within the community.Quotes:"Living in such a homogeneous world seemed like the natural order of things. I couldn't yet see the shadow side, how easily we slipped into idolizing our own reflections, mistaking the familiar for the proper and the customary for the righteous.""The algorithm says more about you than it says about the society in which you live in. It's very important that we take an opportunity to kind of get outside of the algorithm and expand our viewpoints.""Without counsel, plans fail. But with many counselors, plans are established. Sometimes we need to hear from someone who may be opposing our views so we can either say this is what I truly believe or maybe just maybe there's something else out there to consider."💵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.For more articles from Carrie Mckean go to:https://www.carriemckean.com

Episode Summary: In this episode, AB Ridgeway discusses a disturbing case of financial fraud involving a pastor who exploited his congregation by convincing them to invest in a cryptocurrency scheme. Despite lacking experience in cryptocurrency trading, the pastor allegedly used biblical scriptures to manipulate his followers, promising wealth and blessings in return for their investments. AB emphasizes the importance of critical thinking and discernment, cautioning against blind faith in individuals claiming divine inspiration for personal gain.Key Takeaways:Misuse of Religious Influence: AB highlights the dangers of blindly trusting individuals who claim divine guidance without proper credentials or accountability. The pastor in question abused his position of authority and exploited his congregation's faith for personal financial gain, betraying the trust of those who looked to him for spiritual guidance.Biblical Principles of Giving: AB underscores the importance of discerning true biblical teachings from manipulative interpretations. While generosity and charity are encouraged in scripture, the promise of material wealth in exchange for financial contributions contradicts the fundamental principles of Christian stewardship and faith.Accountability and Due Diligence: AB stresses the need for individuals to exercise critical thinking and due diligence in all aspects of life, including financial decisions. Rather than relying solely on the words of charismatic leaders, believers are urged to seek counsel, verify information, and act responsibly with their resources.Warning Against False Prophets: Drawing from biblical teachings, AB warns against false prophets who exploit religious sentiment for personal gain. The episode serves as a cautionary tale, reminding listeners to evaluate the intentions and actions of those claiming divine authority, as genuine spiritual leadership is evidenced by righteous deeds and integrity.Empowerment Through Knowledge: AB encourages listeners to cultivate a deeper understanding of scripture and apply its principles in their lives. By promoting critical thinking and informed decision-making, individuals can safeguard themselves against manipulation and uphold the values of integrity, honesty, and stewardship in their financial dealings.Quotes:"God blesses who He wishes and punishes who He wishes. No one tells God what to do. No one knows what God wants to do. It is only through His understanding of this world that we are blessed." - AB Ridgeway"There are no secrets to wealth in the Bible because all those secrets are open to you. They are in plain sight. All you have to do is open it, read it, internalize it and apply it." - 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 of "Financial Advisors, say the darndest things," host A.B. Ridgway delves into the root causes of spending habits among Americans, particularly focusing on the role of time management. With statistics and anecdotes, Ridgway emphasizes the importance of intentional spending and financial planning to achieve long-term financial goals.Key Takeaways:Spending with a Plan: Ridgway highlights the necessity of creating a monthly budget and tracking expenses to avoid financial pitfalls. By planning ahead and identifying areas of unnecessary spending, individuals can gain better control over their finances and allocate resources more effectively.Avoiding Impulse Purchases: Through the "Five Second Rule" by Mel Robbins, Ridgway suggests taking a moment to reflect before making impulsive buying decisions. This simple strategy can help individuals assess whether a purchase aligns with their long-term financial goals and prevents unnecessary expenses.Paying for Convenience: Ridgway discusses the temptation to pay for convenience, such as fast food or pre-packaged goods, and how it contributes to overspending. By recognizing when convenience purchases are unnecessary and opting for cost-effective alternatives, individuals can save significant amounts of money over time.Tracking Expenses: Emphasizing the importance of tracking every expense, Ridgway underscores the value of understanding where money is being spent. By categorizing expenses and analyzing spending patterns, individuals can identify areas for improvement and make informed decisions about their financial priorities.Spending to Feel Better: Ridgway addresses the phenomenon of using retail therapy to cope with emotional stressors and urges listeners to seek healthier ways of dealing with their emotions. By focusing on long-term financial goals and practicing mindfulness in spending habits, individuals can achieve greater financial security and emotional well-being.Quotes:"When you stop paying for conveniences, you're saying, I can take the time to chop up an onion. That's not worth $1.50.""The time it takes for me to cook some mashed potatoes and gravy and rice and maybe a biscuit...I'm off track here. But it's not worth the money.""Time is the factor for all five of these issues, and we can actually overcome them with understanding our time and how we manage it."💵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 delves into the topic of setting financial priorities and resource allocation. He emphasizes the importance of managing debt, establishing savings, investing wisely, and planning for wealth transfer. Ridgeway highlights the significance of aligning financial decisions with personal values and goals, advocating for intentional and mindful wealth management rooted in Christian principles.Key Takeaways:Debt Management as Priority: Ridgeway stresses the crucial role of debt management as the foundational pillar of financial planning. He emphasizes the need to prioritize debt repayment, particularly focusing on mortgage and consumer debt, before delving into investment strategies. Ridgeway's approach underscores the importance of financial discipline and responsible stewardship.Savings Strategies: The episode explores various savings strategies, including the establishment of emergency funds and sinking funds. Ridgeway encourages listeners to differentiate between discretionary and non-discretionary expenses, emphasizing the importance of proactive savings habits to safeguard against unforeseen financial challenges.Investment Principles: Ridgeway discusses the significance of investing surplus funds wisely to achieve long-term financial goals. He outlines different investment avenues, such as retirement accounts and brokerage accounts, while stressing the need for prudent asset allocation and location strategies. Ridgeway advocates for a holistic approach to investment planning tailored to individual circumstances and risk tolerance.Wealth Transfer Planning: Addressing the final priority, Ridgeway emphasizes the importance of estate planning and wealth transfer strategies. He highlights the necessity of creating wills, updating beneficiaries, and structuring accounts to ensure smooth asset distribution according to one's wishes. Ridgeway underscores the role of financial planning in securing a legacy and providing for future generations.Alignment with Personal Values: Throughout the episode, Ridgeway underscores the importance of aligning financial decisions with personal values and priorities. He emphasizes the spiritual dimension of financial planning, advocating for intentionality, mindfulness, and stewardship rooted in Christian faith.Quotes:"When you fail to plan, you plan to fail. Be sure to like, comment, and share, subscribe to the podcast, because on the next episode, we're going to talk about your spending habits and your attitudes.""Wealth is not supposed to be a piece of paper. It's supposed to be a reminder of the resources you've accumulated to create the life you want to live.""How you feel about your investments is just as important as how much you make. It's better to make less and have peace of mind than to constantly worry about higher returns."💵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 of My Moms," host AB Ridgeway delves into the topic of savings from a Christian perspective. He emphasizes the importance of planning out savings goals, including the amount to keep in a savings account and the significance of emergency funds. Through practical advice and biblical principles, Ridgeway guides listeners on how to navigate financial decisions while staying faithful to their Christian beliefs.Key Takeaways:Determining Savings Goals: Ridgeway advises starting small by focusing on a percentage of discretionary income rather than a fixed dollar amount. This approach promotes consistency and builds confidence in saving habits, aligning with biblical principles of stewardship and diligence.Adjusting Savings with Expenses: As expenses increase, Ridgeway emphasizes the need to revisit savings goals annually to prevent lifestyle creep. By ensuring that savings keep pace with rising expenses, listeners can maintain financial stability without feeling perpetually behind.High-Yield Savings Accounts: Ridgeway highlights the importance of seeking out high-yield savings accounts to mitigate the impact of inflation on purchasing power. Encouraging listeners to shop around for competitive rates, he underscores the significance of maximizing returns on savings while remaining faithful stewards of resources.Biblical Perspective on Financial Freedom: Drawing from 1 Peter 3:15, Ridgeway connects the act of preparing savings for emergencies with demonstrating hope and faithfulness in Christ. He emphasizes that achieving financial freedom involves aligning savings with one's lifestyle needs, allowing individuals to make choices that honor their values and priorities.Future Financial Planning: Ridgeway concludes by encouraging listeners to subscribe for future episodes where he will delve into financial priorities and resource allocation. Through continued guidance and practical tips, he empowers Christians to manage their finances in a manner that reflects their faith and values.Quotes:"When times are good like right now we are going to save and have money ready for the unexpected.""Start small and focus on a percentage and not a dollar amount... We want to build confidence and consistency.""As a certified private wealth advisor professional... we help clients reach their financial goals and their savings goals by organizing their finances."💵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, A.B. Ridgeway explores the profound concept of the meaning of life from a Christian perspective. Drawing on biblical teachings and personal reflections, he delves into the importance of recognizing our purpose in this world and preparing for the hereafter. Using examples from Scripture, he emphasizes the significance of gratitude, righteous conduct, and unwavering faith in navigating life's trials and tribulations.Key Takeaways:Purposeful Living: A.B. Ridgeway emphasizes that the essence of life for Christians lies in understanding and fulfilling God's purpose. He contrasts worldly pursuits with the eternal significance of aligning one's actions with God's will and preparing for the hereafter.Gratitude and Faith: The episode underscores the importance of gratitude for the blessings bestowed by God. A.B. Ridgeway urges listeners to reflect on their lives and appreciate the beauty of God's creation, recognizing that earthly trials are tests of faith and opportunities for spiritual growth.The Test of Trials: Through biblical narratives such as Moses' journey in the desert and the Israelites' testing, the podcast highlights the transformative power of trials. A.B. Ridgeway encourages believers to remain steadfast in faith, viewing challenges as opportunities to demonstrate devotion and trust in God's plan.Rejecting Materialism: The episode warns against the allure of material possessions and earthly desires, urging listeners to prioritize spiritual fulfillment over worldly pursuits. By focusing on the eternal rewards promised by God, individuals can resist the temptation of envy and covetousness.Faithful Reflection: A.B. Ridgeway concludes by prompting listeners to introspect on their motives and actions, encouraging a life centered on glorifying God. He reassures believers that their faithfulness will be rewarded, instilling hope and perseverance in their spiritual journey.Quotes:"Our why, brothers and sisters, is to make it to the hereafter.""Today, brothers and sisters, God is calling you to remember your why.""This world is not ours to covet, but a world to use as we practice glorifying his name."💵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," AB Ridgeway, a Christian financial advisor, delves into the importance of understanding and tracking expenses for Christian investors. He emphasizes the need to take control of one's finances to become better stewards of God's wealth. AB provides practical steps to determine expenses, differentiate between discretionary and non-discretionary expenses, and set savings goals aligned with biblical principles.Key Takeaways:Understanding Expenses: AB highlights the significance of knowing where one's money is going by analyzing past transactions, whether digital or paper statements. By identifying discretionary and non-discretionary expenses, individuals can gain clarity on their financial habits and make necessary adjustments.Differentiating Needs and Wants: AB introduces the concept of distinguishing between "nice to have" and "half to have" expenses, equating to discretionary and non-discretionary expenses, respectively. This differentiation aids in prioritizing spending and directing resources toward essential needs, aligning with biblical principles of stewardship.Setting Savings Goals: AB emphasizes the importance of proactively allocating funds towards savings goals, such as building an emergency fund or contributing to charitable causes. By setting clear objectives and adhering to a structured savings plan, individuals can honor God with their finances and prepare for future financial stability.Tracking Progress: AB suggests utilizing financial tracking tools like Mint.com or personalized budget trackers to monitor spending habits and savings progress. By regularly evaluating financial decisions and adjusting as needed, individuals can ensure they are on track to meet their financial goals and fulfill their stewardship responsibilities.Debt Repayment Strategies: AB discusses strategies for paying off debt, such as the snowball and avalanche techniques, which prioritize either smallest balance or highest interest rate debts, respectively. By choosing an appropriate debt repayment strategy and staying committed to financial discipline, individuals can achieve financial freedom and honor God with their resources.Quotes:"Whoever sows sparingly will reap sparingly, and whoever sows bountifully will also reap bountifully." - Second Corinthians 9:6"Understanding your expenses, separating what is nice to have and what is half to haves will help you direct the money in the right places and away from the money drainers.""Being a steward is not just paying someone else to do the work for you. It's about getting involved, participating hands-on, and contributing to a cause that you believe in."💵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," AB Ridgeway tackles the crucial question of understanding one's current income stability. He emphasizes the importance of realistic financial planning and challenges societal perceptions about income and value. With practical insights and biblical principles, Ridgeway guides listeners through assessing their income stability and preparing for financial uncertainty.Key Takeaways:Realigning Value Perception: Ridgeway challenges the societal notion that income equates to personal value, highlighting that true worth transcends monetary earnings. He encourages listeners to detach their self-worth from their income, emphasizing the importance of diligence and integrity in all endeavors.Assessing Income Stability: By categorizing income stages into growth, maintenance, and decline, Ridgeway helps listeners evaluate their current financial trajectory. Understanding where one stands in these stages enables better planning and preparation for future financial challenges.Diversifying Income Sources: Ridgeway stresses the significance of diversifying income streams to mitigate financial risks. Whether through investments, additional training, or side ventures, having multiple sources of income provides resilience in volatile economic climates.Investing in Continuous Learning: Emphasizing the value of education and skill development, Ridgeway advises listeners to seize opportunities for training and advancement in their careers. Continuous learning not only enhances individual marketability but also increases income potential and financial stability.Preparing for Financial Uncertainty: Ridgeway underscores the importance of proactive financial planning in anticipation of unforeseen circumstances. By prioritizing savings, tracking expenses, and seeking professional guidance, listeners can navigate economic fluctuations with confidence and resilience.Quotes:"Your income has no bearing on the value that you actually give to the world.""When things are sunny and fun, we should be harvesting. In these good times, we have a good job, we're paying our bills, it's time to harvest.""It's not how much you make per year that is important. It's how much you can keep."💵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, AB Ridgeway tackles the pressing question on many Christians' minds: how to retire successfully. He highlights startling statistics about retirement savings in America and emphasizes the importance of proper planning to avoid financial pitfalls in retirement. AB provides valuable insights into essential ages, retirement accounts, and withdrawal strategies, empowering listeners to take control of their financial futures.Key Takeaways:Start Planning Early: AB stresses the importance of early retirement planning to avoid financial hardships later in life. By understanding key ages and retirement account options, individuals can make informed decisions to secure their financial future.Calculate Retirement Needs: Listeners are encouraged to calculate their anticipated retirement expenses and income sources to determine if there's a gap. AB explains how to use the 4% rule as a guideline for retirement savings and withdrawal strategies.Consult HR and Financial Advisors: Before retiring, individuals should consult their HR departments to understand company policies and procedures. Additionally, seeking advice from financial advisors can help tailor retirement plans to individual needs and goals.Adjust Financial Plans: AB emphasizes the importance of flexibility in financial planning, especially in retirement. As circumstances change, it's crucial to adjust financial plans accordingly to maintain financial stability and achieve retirement goals.Start Planning Today: The episode concludes with a call to action, urging listeners to start planning for retirement immediately. By taking proactive steps and seeking professional guidance, individuals can increase their chances of a successful and fulfilling retirement.Quotes:"You don't want to handle your retirement like you handle your everyday finances. It's risky business.""Retirement is a filling process. It's better to start soon and make adjustments along the way.""The goal is not just to retire but to stay retired. Proper planning ensures a stable financial future."💵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 explores the concept of love from a Christian perspective, delving into the nuances of what it means to love one another as instructed in scripture. Drawing from the renowned passage in 1 Corinthians 13:4-8, Ridgeway discusses the attributes of love and how they manifest in our relationships with others. He emphasizes the importance of patience, humility, and standing up for what is right, all while stressing the enduring nature of love as a cornerstone of Christian faith.Key Takeaways:Patience as the Root of Love: Ridgeway underscores the significance of patience in cultivating love, drawing parallels between biblical figures who exemplified patience in their journeys. He emphasizes that patience is essential for nurturing any form of love, whether romantic, familial, or platonic, and it serves as the foundation for enduring relationships.Humility in Interactions: Ridgeway highlights the importance of humility in our interactions with others, particularly in today's social media-driven society. He urges listeners to practice humility, politeness, and mercy, especially in times of disagreement, as exemplified by the teachings of Christ.Standing Firm in Truth: Ridgeway admonishes against rejoicing in wrongdoing and encourages listeners to stand firm in truth and righteousness. He warns against societal pressures to conform to unethical behaviors and advocates for maintaining moral integrity, even when it's unpopular.Continuous Spiritual Growth: Ridgeway stresses the importance of continual spiritual growth through the study and meditation of scripture. He emphasizes the transformative power of deeply engaging with biblical teachings, moving beyond superficial readings to internalize and apply them in daily life.Prioritizing Relationships in Financial Planning: Ridgeway emphasizes the significance of prioritizing relationships in financial planning, suggesting that true success is measured not by wealth alone but by the depth of meaningful connections. He encourages listeners to proactively build and nurture relationships, starting early to mitigate post-retirement loneliness and depression.Quotes:"Patience, brothers and sisters, is at the root of love. Understand this.""When we disagree, brothers and sisters, we must be humble. We must be polite and we must be merciful.""Love in and of itself never ends... Love may not look like a dozen roses in a box of chocolates... Love may look like holding hands when someone you love is sick in the hospital."💵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 Advisor: Say the Darndest Things," host AB Ridgeway delves into the alarming rise in housing prices and the underlying factors contributing to this trend. He discusses the impact of increasing delinquencies on mortgages and other loans despite low unemployment rates. AB explores the root causes of the housing affordability crisis and offers insights into potential solutions.Key Takeaways:Rising Delinquencies and Unemployment: AB highlights the paradox of rising delinquency rates amidst low unemployment, signaling underlying economic challenges. He emphasizes the potential consequences if unemployment rates increase, leading to further spikes in delinquency rates.Past Housing Purchasing Practices: AB reflects on past housing market behaviors, noting instances where individuals purchased homes beyond their means. He underscores the importance of prudent financial strategies, such as bi-weekly mortgage payments, to alleviate financial burdens.Impact of Government Policies: AB critiques the efficacy of government interventions in addressing the housing crisis, suggesting that market forces play a significant role in determining affordability. He advocates for individual responsibility and proactive financial management.Market Rationality and Informed Decision-Making: AB discusses the irrationality of some investors and consumers, attributing market distortions to uninformed decision-making. He encourages listeners to educate themselves on effective financial strategies to navigate market challenges.Empowering Christian Investors: AB concludes by empowering Christian investors with practical strategies to manage mortgage payments effectively. He emphasizes the potential long-term savings achievable through disciplined financial practices, urging listeners to take control of their financial future.Quotes:"Corporations have always been greedy. Joe Biden didn't suddenly make them greedy. It's supply and demand driving inflation, not just corporate greed." - AB Ridgeway"As Christians, we need to focus on what we can change. By implementing strategies like bi-weekly mortgage payments, we can take control of our financial future." - AB Ridgeway"The market is influenced by both rational and irrational actors. It's crucial for informed investors to make prudent decisions amidst market uncertainties." - 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 of "Financial Advisor: Say the Darndest Things," host AB Ridgeway discusses the importance of identifying God's signs in our financial lives. He emphasizes the need to leverage our God-given intuition and surround ourselves with the necessary information to develop it. AB stresses that God's signs are recognizable to His children through reading His word and understanding His purpose for us.Key Takeaways:Recognizing God's Signs: AB emphasizes the importance of being attuned to God's signs in our financial lives. Just as professionals in various fields recognize patterns and indicators, we too can identify financial situations by understanding God's guidance and purpose for us.Emergency Preparedness: AB discusses the significance of having an emergency fund in financial planning. He highlights that emergencies are inevitable, and being unprepared can have significant consequences on our finances. AB suggests saving three to six months of expenses to weather unexpected situations.Job Changes and Economic Uncertainty: AB addresses the reality of job changes and economic fluctuations. With layoffs becoming more common, he advises listeners to prioritize financial stability by saving for potential job switches and economic downturns.Continuous Learning and Financial Intuition: AB encourages listeners to continually educate themselves about financial planning and remain proactive in their financial decisions. He emphasizes the importance of developing financial intuition through learning, seeking mentorship, and engaging with resources like podcasts.Trusting God's Guidance: Throughout the episode, AB underscores the role of faith in financial decision-making. He reminds listeners to trust in God's guidance and to view challenges as opportunities for growth and learning.Quotes:"God sends us these different signs to make us consider our job security, our income, and our financial stability.""The miracle is that we're here. Our creator is looking after us every step of the way.""Concepts like compound interest remain the same. All we need to do is trust in God's guidance and continue learning."💵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," host AB Ridgeway discusses the unfortunate shooting incident at Lakewood Church. Despite the tragedy, AB emphasizes the importance of faith and staying strong in the face of adversity.Key Takeaways:Unity in Tragedy: Mayor John Whitmer's address highlights the collaborative efforts of first responders and various agencies during the Lakewood Church shooting. This tragic event underscores the importance of unity and support in times of crisis.Faith Over Fear: Amidst the chaos, AB reminds listeners that God is in control and offers comfort to those affected by the shooting. He encourages believers not to let fear deter them from practicing their faith, emphasizing the power of prayer and community support.Resilience in Adversity: Despite the trauma of the shooting, AB emphasizes the resilience of faith and the importance of coming together as a community. He urges listeners to focus on their families, faith, and not allow such events to weaken their resolve.Prayer for Healing: AB extends his prayers and support to those impacted by the tragedy, expressing hope for their recovery and offering encouragement for seeking therapy and finding comfort in faith during difficult times.Faith in God's Protection: Throughout the episode, AB reinforces the belief in God's protection and guidance, urging listeners to trust in His plan and remain steadfast in their faith despite the challenges they may face.Quotes:"God is in control. God protected the church... My prayer is that we look inside ourselves and realize the importance of our faith.""We're not going to let fear dictate our faith. We walk by faith, not by sight.""Let's come together as a community, unified in prayer and support, and not let this tragedy divide us."💵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, the host of "Financial Advisors Say the Darndest Things," delves into strategies for Christians to pay off their homes faster. With insightful financial advice grounded in Christian principles, Ridgeway highlights two key strategies: bi-weekly payments and making an extra payment at the end of the year. By implementing these methods, homeowners can significantly reduce the amount of interest paid over the life of the loan and accelerate their journey to debt-free homeownership.Key Takeaways:Bi-Weekly Payments: Ridgeway emphasizes the importance of transitioning from monthly to bi-weekly mortgage payments. By making smaller, more frequent payments, homeowners can minimize the amount of interest accruing on the principal, ultimately reducing the overall interest paid over the loan term. This strategy enables homeowners to build equity in their homes more rapidly without requiring significant additional funds.Shopping Around for the Best Interest Rate: One common mistake Ridgeway highlights is failing to shop around for the lowest interest rate. He advises listeners to explore multiple lending institutions to secure the most favorable terms for their mortgage. By taking the time to compare offers and negotiate with lenders, homeowners can potentially save thousands of dollars in interest payments over the life of the loan.Making Principal-Only Payments: Ridgeway underscores the importance of making principal-only payments to accelerate the payoff process. By allocating additional funds specifically towards reducing the principal balance, homeowners can expedite the growth of equity in their homes and decrease the total interest paid. This disciplined approach empowers individuals to take control of their financial futures and achieve debt-free homeownership sooner.Financial Planning with a Christian Perspective: Throughout the episode, Ridgeway integrates Christian values into his financial advice, emphasizing the importance of stewardship and wise financial management. By aligning financial goals with biblical principles, listeners are encouraged to cultivate responsible financial habits that honor God and contribute to their long-term financial well-being.Seeking Professional Guidance: Ridgeway concludes by inviting listeners to seek professional assistance from certified financial advisors who share their Christian values. He offers his services at ABR Wealth Management, where he helps individuals develop personalized financial plans rooted in faith and designed to achieve their financial goals while honoring God.Quotes:"The sooner you can pay down the principal, the less interest you're going to pay over the life of the loan.""I help Christians like you create faith-based 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.

Episode Summary: In this episode of "Financial Advisors Say the Darndest Things," host AB Ridgeway explores the concept of increasing retirement success through a Monte Carlo analysis. He delves into the importance of planning and addressing financial habits to secure a stable future. Ridgeway explains the Monte Carlo simulation as a tool for modeling different financial outcomes, emphasizing its significance for retirees in assessing the probability of running out of money.Key Takeaways:Importance of Planning: Ridgeway highlights the significance of planning in financial decision-making. He underscores how many financial problems can be avoided with proactive planning, emphasizing the need to break free from impulsive spending habits.Understanding Monte Carlo Analysis: The episode elucidates the Monte Carlo simulation as a method used by financial planners to model various financial scenarios. Ridgeway explains how it factors in variables like income, age, debt, and goals to predict retirement success probabilities.Control Over Finances: Listeners are encouraged to realize their control over financial outcomes. Ridgeway emphasizes that individuals have the power to influence their financial trajectory through prudent planning, wise investments, and debt management.Continuous Evaluation: The importance of revisiting financial plans regularly is stressed. Ridgeway suggests that rerunning Monte Carlo simulations annually ensures adjustments are made to align with changing life circumstances and market conditions.Faith-Based Financial Planning: As a certified private wealth advisor professional, Ridgeway integrates faith-based principles into financial planning. He offers personalized services tailored to Christians, aiming to create financial plans aligned with biblical values.Quotes:"For if you lay the foundation and are not able to finish it, everyone who sees it will ridicule you saying this person began to build and wasn't able to finish.""We don't want that to happen to you.""I help Christians create faith-based 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.

Episode Summary: In this episode of "Financial Advisors Say the Darnedest Things," AB Ridgeway discusses the concept of retirement in your 60s as a Christian investor, drawing insights from a report by Market Watch. He emphasizes the importance of working longer, delaying Social Security benefits, and careful financial planning to ensure a fulfilling and financially secure retirement.Key Takeaways:Redefining Retirement: AB Ridgeway challenges the traditional notion of retirement, suggesting that the 60s can be the new 50s in terms of productivity and financial planning. He highlights the importance of finding purpose beyond work and leveraging retirement as an opportunity for personal growth and community service.Delaying Social Security: The episode underscores the significance of delaying Social Security benefits, citing the potential 8 percent increase in withdrawal annually. By understanding the different age milestones for Social Security eligibility, listeners are encouraged to make informed decisions that align with their financial goals and longevity.Financial Planning for Longevity: Ridgeway stresses the need for comprehensive financial planning, particularly considering increasing life expectancies and healthcare costs. He emphasizes the importance of starting early, saving prudently, and investing wisely to ensure financial stability and flexibility in retirement.Purposeful Spending: Listeners are reminded to consider their desired lifestyle in retirement and budget accordingly. Ridgeway encourages proactive financial management, suggesting that prudent spending habits and early financial planning can help achieve long-term financial security and lifestyle goals.Seeking Professional Guidance: The episode concludes with an invitation for listeners to seek professional financial advice tailored to their specific needs and values. Ridgeway offers his services as a certified private wealth advisor, emphasizing his commitment to assisting Christians in creating financial plans aligned with their faith and values.Quotes:"When it comes to retirement, 60s are the new 50s.""As Christian investors, we have to really internalize what is our purpose in life.""We want to make sure that we are focused on our true purpose, so we don't have to go back into the workforce."💵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, Jenna Jackson from Ardmore, Pennsylvania, shares her frustrations with the current job market, which seems robust on paper but presents challenges for job seekers. She discusses the discrepancy between hard data indicating a strong labor market and the soft data reflecting Americans' less optimistic views. AB Ridgeway concludes by emphasizing the importance of financial planning in uncertain times.Key Takeaways:Discrepancy Between Hard and Soft Data: Despite positive hard data indicating a strong labor market, softer indicators suggest a different reality. Americans' perceptions of the job market may not align with statistical figures, highlighting the complexity of economic analysis.Job Application Strategies: Successful job seekers invest time in networking and building relationships with recruiters. Face-to-face interactions and tailored applications increase the likelihood of landing a job in a competitive market.Emotional Toll of Job Search: Job seekers, particularly younger generations, experience burnout from the exhaustive process of applying for numerous positions. The emotional and mental strain underscores the need for self-care and resilience during the job hunt.Challenges of Modern Hiring Practices: The advent of technology has streamlined the job application process but also led to challenges such as ghosting by prospective employers. Both candidates and companies face difficulties in managing the volume of applications and communication effectively.Financial Planning in Uncertain Times: AB Ridgeway emphasizes the importance of financial preparedness for both job seekers and employed individuals. Planning for periods of unemployment and economic uncertainty is crucial for maintaining financial stability.Quotes:"Everyone has a college degree. Everyone has a master's. Everyone has a Ph.D. Everyone is optimistic and ready to work. You have to stand out." "Looking for a job can be a full-time job. There's a lot that goes into it. Filling out applications online can be tedious, time-consuming, and really stressful." "If you do have a job, you need to financially plan for the days that you don't, because those days may come. It's not always going to be good on this side." - 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.Audio Credit: CNBC