Episode Summary: In this episode of "Financial Advisors Say The Darndest Things," AB Ridgeway, known as Mr. Christian Finance, explores the theme of control in investment decision-making. He delves into the psychological and technical aspects of control, addressing common biases, the role of emotions, and strategies for effective risk management. Through insightful commentary and practical guidance, Ridgeway empowers listeners to navigate financial markets with confidence and clarity, emphasizing the importance of understanding what can be controlled and what must be confronted.Key Takeaways:Understanding Control: Ridgeway begins by elucidating the concept of control, emphasizing its significance in financial decision-making. Drawing from insightful quotes, he highlights the distinction between what individuals can and cannot control in their financial lives, encouraging listeners to discern between the two and focus on actionable steps for better outcomes.Control Bias: Exploring the phenomenon of control bias, Ridgeway reveals how individuals often overestimate their influence over financial outcomes, succumbing to irrational beliefs and behaviors. By illustrating parallels with gambling psychology, he underscores the importance of acknowledging limitations and seeking assistance to overcome misguided perceptions of control.Controlling Your Investments: Ridgeway discusses common approaches to managing investments, ranging from hands-off approaches to micromanagement or reliance on financial advisors. He cautions against control bias-driven behaviors such as excessive monitoring or emotional reactions, advocating for a balanced approach rooted in strategic decision-making and prudent risk management.Controlling Risk: Addressing the core of investment management, Ridgeway explores the relationship between risk and reward, urging listeners to assess and mitigate risks effectively. By distinguishing between controllable and uncontrollable risks, he empowers investors to focus on factors within their purview, such as diversification and portfolio construction, to optimize outcomes and minimize potential losses.Controlling Your Emotions: Ridgeway concludes with a call to manage emotions during periods of market volatility, emphasizing the importance of maintaining composure and focusing on controllable aspects of financial planning. Through biblical wisdom and practical insights, he encourages listeners to cultivate an intelligent and informed approach to investing, rooted in knowledge and wise stewardship.Quotes:"Control what you can control, and confront the rest.""If you can't control your emotions, you will never be able to control your money.""An intelligent heart acquires knowledge, and the ear of the wise seeks knowledge."💵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, also known as Mr. Christian Finance, delves into the unfolding saga surrounding Sam Bankman-Fried, the founder of FTX, a cryptocurrency giant. With allegations of fraud and financial mismanagement looming large, Ridgeway provides insights into the complexities of the case, emphasizing the importance of accountability, responsibility, and ethical stewardship in financial endeavors. Through a lens of biblical wisdom and practical guidance, listeners are encouraged to navigate the turbulent waters of investing with prudence and discernment.Key Takeaways:Complex Legal Landscape: Ridgeway outlines the intricate legal landscape surrounding Sam Bankman-Fried's case, highlighting the involvement of multiple regulatory agencies and the challenges associated with assembling evidence. Despite mounting allegations, the process of investigation and potential legal proceedings may span months or even years, underscoring the importance of patience and due process.Allegations and Accountability: Examining the accusations leveled against Bankman-Fried, Ridgeway sheds light on the gravity of the situation, including the alleged mismanagement of customer funds and deceptive practices. Drawing parallels to principles of responsibility and accountability, he urges listeners to uphold ethical standards and exercise caution in their financial dealings, regardless of external pressures or temptations.Legal Ramifications and Class Action Lawsuits: Ridgeway discusses the far-reaching legal ramifications of the case, including the initiation of class-action lawsuits and civil proceedings by affected parties. As FTX faces bankruptcy protection and its industry peers pursue legal action, investors are reminded of the importance of diversification and risk mitigation in safeguarding their assets against unforeseen market events.Patience and Prudence: Reflecting on the uncertainties surrounding the case and its potential outcomes, Ridgeway advocates for patience and prudence in financial decision-making. Emphasizing the biblical principle of enduring through tribulations, he encourages listeners to prioritize long-term stability over short-term gains, fostering a mindset of resilience and perseverance in the face of adversity.Risk Management and Biblical Stewardship: Drawing from biblical teachings and personal anecdotes, Ridgeway underscores the importance of risk management and ethical stewardship in investment practices. Through introspection and discernment, investors are challenged to evaluate their risk tolerance and align their financial goals with principles of integrity and moral conduct, thereby honoring God's guidance in their wealth management endeavors.Quotes:"You can not pull the ignorant card.""Everything we do has a risk/reward ratio.""Through many tribulations we must enter the kingdom of God."💵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 explores the phenomenon of remote work and its impact on individuals, businesses, and society at large. Reflecting on the shift towards remote work accelerated by the COVID-19 pandemic, Ridgeway considers the benefits and challenges of working remotely, emphasizing the need for discernment and planning in navigating career choices amidst evolving work trends.Key Takeaways:Remote Work Revolution: Ridgeway discusses the remote work revolution, highlighting its gradual evolution over the years and its recent surge due to pandemic-related mandates. Drawing from research by labor economists, he underscores the transformative potential of remote work in enhancing productivity and employee satisfaction, while acknowledging the complexities inherent in adapting to this new paradigm.Productivity and Flexibility: Delving into the benefits of remote work, Ridgeway explores its impact on productivity and work-life balance. Citing statistics on time saved from commuting and increased working hours, he emphasizes the value of flexibility and autonomy afforded by remote work arrangements, enabling individuals to allocate time more efficiently and achieve greater productivity in their professional endeavors.Social and Economic Implications: Assessing the social and economic implications of remote work, Ridgeway examines its differential impact across industries and demographic groups. While acknowledging the accessibility of remote work for certain professions, he highlights disparities in opportunities based on educational attainment and socioeconomic status, urging listeners to consider the broader implications of remote work on employment dynamics and economic equity.Empowerment and Preparedness: Emphasizing the importance of empowerment and preparedness in navigating career transitions, Ridgeway urges listeners to cultivate resilience and adaptability in the face of uncertainty. By committing their work to the Lord and aligning their plans with divine guidance, individuals are encouraged to pursue opportunities for advancement and fulfillment, while remaining steadfast in their faith and stewardship of God-given talents.Quotes:"The pandemic has started a revolution in how we work, and our research shows working from home can make firms more productive and employees happier.""Success is what we make it.""At all times, you want to be in control of your destiny."💵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.Link to full article:(https://www.cnbc.com/2022/12/01/why-labor-economists-say-the-remote-work-revolution-is-here-to-stay.html

Episode Summary: In this episode, AB Ridgeway delves into the financial pitfalls of holiday spending and the allure of credit-driven consumption. Drawing from personal anecdotes and real-world examples, Ridgeway highlights the dangers of excessive debt accumulation during the holiday season and offers practical tips for avoiding financial pitfalls while staying true to Christian principles of stewardship and responsibility.Key Takeaways:Perils of Predatory Marketing: Ridgeway exposes the predatory marketing tactics employed by companies during the holiday season to lure consumers into excessive spending and debt accumulation. Through insightful commentary and real-life scenarios, he sheds light on the deceptive allure of "buy now, pay later" schemes and the detrimental impact of impulsive buying on individuals' financial well-being.Financial Consciousness and Behavioral Change: Emphasizing the importance of financial consciousness and behavioral change, Ridgeway encourages listeners to adopt a proactive approach to managing their finances and resisting the temptation of instant gratification. By cultivating awareness and mindfulness around spending habits, individuals can make informed decisions aligned with their long-term financial goals and values.Illustrative Narratives and Empathetic Insights: Utilizing illustrative narratives and empathetic insights, Ridgeway vividly illustrates the consequences of unchecked consumerism and the allure of easy credit. Through relatable anecdotes and practical wisdom, he empowers listeners to break free from the cycle of debt and embrace a more intentional and responsible approach to holiday spending and financial management.Debt-Free Living and Stewardship: Advocating for debt-free living and stewardship, Ridgeway underscores the importance of prioritizing financial stability and sustainability over fleeting material indulgence. By adhering to biblical principles of stewardship and prudence, individuals can honor God with their finances and cultivate a legacy of prosperity and generosity for future generations.Communication and Collaboration: Encouraging open communication and collaboration within families, Ridgeway highlights the significance of setting mutual spending limits and aligning gift-giving practices with shared values and priorities. Through dialogue and consensus-building, families can foster a culture of financial responsibility and mutual support, thereby avoiding the pitfalls of excessive holiday spending and debt accumulation.Quotes:"The pandemic has started a revolution in how we work, and our research shows working from home can make firms more productive and employees happier.""Success is what we make it.""At all times, you want to be in control of your destiny."💵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, aka Mr. Christian Finance, confronts the financial dangers of holiday shopping and the pervasive culture of consumerism that often leads individuals into crippling debt. With insightful commentary and practical wisdom, Ridgeway underscores the true essence of Christmas, emphasizing the importance of prioritizing Jesus, family, and financial stewardship over material indulgence. Drawing from personal anecdotes and sobering statistics, he urges listeners to exercise caution and restraint during the holiday season, advocating for mindful spending and responsible financial planning.Key Takeaways:Buy Now, Pay Later Phenomenon: Addressing the rising trend of "buy now, pay later" schemes, Ridgeway exposes the hidden dangers lurking behind seemingly convenient payment options, highlighting the risk of falling into a cycle of debt and financial bondage. Through poignant anecdotes and expert insights, he warns against the temptation to prioritize short-term indulgence over long-term financial stability, urging listeners to exercise prudence and restraint in their spending habits.Financial Planning and Discipline: Emphasizing the importance of financial planning and discipline, Ridgeway advocates for proactive measures to avoid holiday-induced debt and financial distress. By encouraging listeners to establish realistic budgets, save diligently, and prioritize needs over wants, he empowers individuals to take control of their financial destinies and build a solid foundation for future prosperity and abundance.Biblical Principles of Stewardship: Grounding his advice in biblical principles of stewardship and wise financial management, Ridgeway reminds listeners of their responsibility to honor God with their finances and live within their means. Drawing inspiration from Proverbs 22:7, he emphasizes the inherent risks of borrowing and overspending, urging adherence to biblical wisdom in all financial matters.Long-Term Perspective: Encouraging listeners to adopt a long-term perspective on financial well-being, Ridgeway highlights the importance of making informed decisions that align with future goals and aspirations. By prioritizing financial sustainability over fleeting material indulgence, he invites listeners to embrace a mindset of abundance rooted in faith, prudence, and wise stewardship.Quotes:"Christmas first and foremost is about Jesus and Family. PERIOD.""The rich rules over the poor, and the borrower is the slave of the lender." - Proverbs 22:7"Have fun, give with a loving heart but give within your means because I want you to have a Merry Christmas full of memories of God and family."💵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.Link to Article Referenced:https://www.cnbc.com/2022/11/30/buy-now-pay-later-for-holiday-gifts-is-horrible-harvard-fellow.html

Episode Summary: In this episode, AB Ridgeway delves into the concept of generosity among Scripture-engaged Americans, drawing insights from recent research and personal observations. Highlighting the correlation between active engagement with the Bible and charitable giving, Key Takeaways:The Influence of Scripture Engagement: Ridgeway explores the findings of recent studies indicating that Scripture-engaged Americans exhibit higher levels of generosity compared to their counterparts. By actively engaging with the teachings of the Bible and embodying its principles of compassion and altruism, individuals are empowered to cultivate a spirit of generosity that transcends personal gain and fosters a culture of giving back to others in need.The Activeness of Engagement: Emphasizing the active nature of Scripture engagement, Ridgeway underscores the importance of not only reading but also applying the teachings of the Bible in daily life. He contends that true engagement entails both involvement in scriptural activities and a genuine interest in their practical application, thereby nurturing a holistic approach to faith and generosity that extends beyond mere observance to tangible acts of kindness and philanthropy.The Impact of Generosity: Through anecdotal evidence and scholarly research, Ridgeway elucidates the profound impact of generosity on individual well-being, highlighting its role in promoting happiness, purpose, and human flourishing. Financial Planning and Faith: Ridgeway underscores the importance of integrating generosity into long-term financial planning and stewardship practices, emphasizing the biblical principle of giving as a means of securing blessings and abundance. Through prudent financial management and unwavering faith in God's providence, individuals can transcend the fear of scarcity and embrace a mindset of abundance grounded in trust and divine provision.The Virtue of Intentional Giving: Encouraging listeners to embrace intentional giving as a lifestyle choice, Ridgeway advocates for setting clear goals and priorities in charitable endeavors, ensuring that generosity aligns with personal values and financial capacities. By cultivating a spirit of purposeful giving guided by faith, wisdom, and compassion, individuals can maximize the impact of their contributions and experience the transformative power of generosity in their lives and communities.Quotes:"You will never have a sense of financial freedom until you free yourself from finances.""The sign of a wealthy man is not how much he can hoard and be rich, it is how much he can give away and still be rich.""People live well when they give well."💵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.Barna Research Report:https://www.barna.com/revisiting-tithe-offering/

Episode Summary: In this episode, AB Ridgeway explores the concept of giving for the wrong reasons, drawing insights from biblical teachings and personal reflections. By examining passages from the book of Matthew, Ridgeway emphasizes the importance of sincere and humble giving, cautioning against motivations rooted in fear, greed, obligation, and peer pressure. Through thought-provoking anecdotes and scriptural wisdom, he invites listeners to introspectively evaluate their motives for giving and embrace a mindset of humility, authenticity, and faith-driven generosity.Key Takeaways:Biblical Guidance on Giving: Ridgeway elucidates the biblical principles of giving outlined in Matthew 6, where Jesus admonishes against ostentatious and self-serving acts of charity. By emphasizing the importance of sincerity and humility in giving, Ridgeway underscores the spiritual significance of genuine and discreet acts of generosity that honor God's will and reflect a heart of compassion and love for others.The Pitfalls of Fear-Based Giving: Ridgeway addresses the common misconception of giving out of fear or obligation, highlighting the inherent dangers of approaching generosity from a place of anxiety or coercion. Contrary to the notion of tithing as a contractual obligation, Ridgeway advocates for a deeper understanding of reverence and awe towards God, where giving emerges as an expression of love and gratitude rather than a fear-induced duty.Navigating Greed and Materialism: Through insightful commentary, Ridgeway explores the nuanced relationship between prosperity and stewardship, cautioning against the pitfalls of greed and materialism disguised as righteous abundance. By reframing wealth as a resource entrusted by God for the betterment of humanity, Ridgeway encourages listeners to cultivate a mindset of responsible stewardship and purpose-driven giving that transcends selfish gain and fosters holistic well-being.Embracing Humility and Quiet Giving: Drawing from biblical teachings and personal anecdotes, Ridgeway extols the virtues of humility and quiet giving as essential components of authentic generosity. By eschewing the need for public recognition or validation, Ridgeway invites listeners to embrace a posture of humility and surrender, allowing God to work through their acts of kindness and stewardship for the greater good of His kingdom.Quotes:"God promises that he will reward you openly for the things you do privately.""Giving is good. Period. So let’s not give out of fear, or give out of duty, obligation, or greed, let’s give because God has put something on our hearts to do so.""Let’s be humble. Let’s be quiet, and allow God to work through you."💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*Disclaimer: This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. This is strictly for information purposes. We recommend you speak with a professional financial advisor.

Episode Summary: In this episode, AB Ridgeway delves into the recent news of BlockFi filing for Chapter 11 bankruptcy and its implications within the cryptocurrency landscape. He provides insights into the factors contributing to BlockFi's financial challenges, highlighting its connection to the bankruptcy of FTX, a prominent cryptocurrency company. Ridgeway explores the significance of regulatory oversight, prudent investing practices, and the importance of discernment for Christian investors navigating the complexities of emerging financial technologies.Key Takeaways:Understanding BlockFi's Bankruptcy: Ridgeway elucidates the circumstances surrounding BlockFi's decision to file for Chapter 11 bankruptcy, shedding light on the company's financial struggles and its ties to FTX's collapse. By examining the interconnectedness of cryptocurrency platforms and the ripple effects of market volatility, Ridgeway underscores the importance of risk assessment and due diligence for investors in emerging asset classes.Principles of Prudent Investing: Drawing from biblical principles and financial wisdom, Ridgeway emphasizes the importance of prudent investing practices guided by the prudent-person rule. He highlights the significance of stewardship, accountability, and responsible decision-making in managing investment portfolios, urging Christian investors to prioritize integrity, transparency, and adherence to ethical standards in their financial endeavors.Navigating Risk and Uncertainty: Ridgeway addresses the inherent risks associated with cryptocurrency investments and the need for discernment in evaluating emerging financial technologies. He encourages listeners to exercise caution and skepticism when assessing investment opportunities, advocating for a balanced approach that considers both the potential rewards and risks inherent in cryptocurrency markets.Lessons in Accountability and Integrity: Reflecting on the implications of BlockFi's bankruptcy, Ridgeway underscores the importance of accountability, integrity, and ethical conduct in financial transactions. He cautions against the allure of quick gains and speculative investments, urging listeners to prioritize long-term sustainability, prudence, and adherence to ethical standards in their investment practices.The Role of Discernment and Faith: Ridgeway invokes the power of discernment and faith in navigating the complexities of cryptocurrency investments, urging listeners to seek divine guidance and wisdom in their financial decision-making. He emphasizes the need for spiritual discernment and a reliance on God's guidance to navigate uncertain markets and make sound investment choices aligned with biblical principles.Quotes:"Bad company ruins good morals.""Distance yourself from investors that try to entice you with temporary large returns.""We must be able to eat the meat and leave the bone."💵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, also known as Mr. Christian Finance, explores the concept of pricing memories. He delves into the idea that while memories are often considered priceless, in reality, they come with a cost. Through personal anecdotes and financial insights, AB discusses how to strike a balance between enjoying life's experiences and being financially responsible. He emphasizes the importance of understanding one's wealth language and considering the opportunity costs associated with different choices. AB provides practical tips for creating vacation plans that align with individual financial goals and preferences, ultimately aiming to help listeners make the most of their experiences without overspending.Key Takeaways:Understanding Wealth Languages: AB introduces the concept of wealth languages, including Stability, Future, Moments, and Opportunities. By recognizing how individuals perceive and prioritize wealth, listeners can better navigate financial decisions, particularly when planning vacations or experiences.Allowing for Autonomy: Acknowledging that everyone has different preferences and comfort levels, AB advises allowing opportunities for individuals to have some alone time during group activities. This autonomy fosters a sense of ownership over the experience, ensuring that everyone can fully enjoy the trip.Leaving Room for Flexibility: AB highlights the importance of leaving a margin for incidentals and unexpected changes in plans. By budgeting extra funds and anticipating unforeseen circumstances, travelers can mitigate stress and enjoy their experiences more fully.Defining Success: Encouraging listeners to reflect on what would make a trip truly worth it, AB suggests setting clear expectations and having a backup plan. By defining success criteria upfront, individuals can avoid regret and make the most of their investments in creating lasting memories.Prioritizing Communication: AB emphasizes the significance of open communication when planning group experiences. By discussing preferences, expectations, and financial constraints upfront, participants can ensure that everyone's needs are considered, leading to a more enjoyable and fulfilling experience for all.Quotes:"There is no such thing as a priceless memory unless that memory is FREE and no resources were used.""For every restaurant you visit, where else could you go? For every hotel, how far do you have to walk? For every parking space, is it covered in case it rains?""Defeat is bitter, and victory is sweet, but nothing tastes better than knowing you have people with you who are willing to fight another day."💵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 intricacies of tax planning for high net worth Christian investors. He emphasizes the importance of understanding tax terminology and options available to investors regardless of their income level. The episode discusses strategies for minimizing tax liabilities, such as accelerating deductions and deferring income, to optimize wealth preservation. AB stresses the role of financial advisors in guiding investors through complex tax decisions while aligning with biblical principles of stewardship.Key Takeaways:Tax Planning for Christian Investors: AB emphasizes the significance of tax planning for Christian investors, highlighting the potential benefits of capital gains and dividends for wealth accumulation and stewardship.Strategic Decision-Making: The episode illustrates the value of strategic decision-making in tax planning, such as assessing marginal tax rates to determine optimal timing for income recognition and deduction utilization.Stewardship Principles: AB underscores the alignment of tax planning with biblical principles of stewardship, emphasizing the responsibility of investors to manage their finances wisely.Advisor Guidance: AB advocates for the role of financial advisors in providing guidance on tax-efficient strategies tailored to individual investor circumstances, enabling informed decision-making and wealth preservation.Continuous Learning: The episode encourages listeners to engage in ongoing learning about tax planning strategies and stay informed about changes in tax laws to optimize financial outcomes and stewardship practices.Quotes:"The more money we keep in our pockets, the better stewards we can be.""As Christians, we were taught to be good stewards over our tithing and giving to the less fortunate.""You don't have to just settle for the fact that you're in the 37 marginal tax bracket. There are tips and strategies that can save thousands."💵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, also known as Mr. Christian Finance, delves into the often-overlooked but crucial topic of taxes from a Christian perspective. He emphasizes the importance of understanding the tax system as responsible stewards of wealth and provides practical insights into managing taxes effectively.Key Takeaways:Understanding Tax Basics: Taxes are compulsory contributions to state revenue imposed by the government on various income sources and transactions. Knowing the basics, including tax brackets and marginal rates, is essential for financial literacy and planning.Biblical Perspective on Taxes: Referencing Romans 13:7, Ridgeway underscores the Christian obligation to render taxes while also advocating for prudent financial stewardship. Paying what is owed is commanded, but learning to minimize tax implications is also part of responsible wealth management.Importance of Tax Planning: Ridgeway stresses the significance of proactive tax planning, urging listeners to review past taxes and project future liabilities. Preparation is key to leveraging available tax benefits and minimizing overpayment.Average Tax Rate vs. Marginal Tax Rate: Understanding the difference between average and marginal tax rates is crucial for optimizing tax strategies. Lowering the average tax rate through informed decision-making and tax-efficient practices should be a primary goal.Seeking Professional Advice: While the episode provides valuable insights, Ridgeway emphasizes the importance of consulting with tax professionals for personalized advice. IRS resources, like the tax estimator tool, can also aid in understanding individual tax situations.Quotes:"As a good Christian investor, we will pay what we owe. God commands it. But we will not pay more than we have to.""The benefits of taxes and some of the things that you can do benefit more the business owner, the landowner, and also the investor as well.""Lowering your adjusted gross income should be your ultimate goal... But the idea here is that if we can lower the average tax rate consequently, we do that through the adjusted gross income."IRS. GOV(https://www.irs.gov/newsroom/irs-provides-tax-inflation-adjustments-for-tax-year-2023)IRS.GOV and go to the tax holding estimator (https://apps.irs.gov/app/tax-withholding-estimator)

Episode Summary: In this episode of "Financial Advisors Say the Darndest Things," host AB Ridgeway delves into the importance of communication, trust, and stewardship within families, particularly regarding financial matters. He emphasizes the need for open dialogue, transparency, and intentional planning to ensure financial success and harmony within the family unit.Key Takeaways:Communication and Trust: Ridgeway stresses that 60% of wealth is lost due to communication breakdown and lack of trust. He advocates for active listening and understanding each family member's financial perspectives to build trust and develop a comprehensive plan together.Stewardship and Responsibility: As Christians, Ridgeway highlights the biblical principles of stewardship and the responsibility to manage wealth wisely. He urges listeners to empower their children by involving them in financial discussions and decisions, fostering a sense of responsibility and accountability.Family Dynamics: Ridgeway emphasizes the uniqueness of each family's dynamics and the necessity of adapting financial plans accordingly. He encourages parents to recognize and address individual needs and circumstances, rather than adhering to rigid, equal distribution models.Engagement and Education: The host underscores the importance of ongoing engagement and education within families regarding financial matters. He suggests establishing regular meeting times to discuss finances, sharing knowledge, and fostering a learning environment for all family members.Flexibility and Adaptability: Ridgeway emphasizes the need for flexibility and adaptability in financial planning, especially during life transitions. He shares personal anecdotes to illustrate the importance of making adjustments to accommodate family needs while maintaining financial stability and harmony.Quotes:"When you love your kids equally, you will deal with them uniquely.""The family that prays together stays together.""With great power comes great responsibility."💵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 importance of creating a financial plan that involves not just managing wealth but also passing on valuable money management skills to future generations. He emphasizes the biblical principle of training up children in the way they should go, applying it to financial stewardship within families.Key Takeaways:Intergenerational Wealth Transfer: Ridgeway highlights the alarming statistic that by the third generation, 90% of initial wealth is lost. He attributes this loss not primarily to poor investment choices but to breakdowns in communication and trust within families.The Role of Communication: Effective communication about financial values and beliefs is crucial for successful wealth transfer. Ridgeway suggests opening lines of communication gradually over time, focusing on sharing values rather than just discussing assets.Building a Team of Advisors: Ridgeway uses the analogy of a football team to illustrate the importance of assembling a diverse team of financial advisors. Each member, including financial advisors, accountants, attorneys, and insurance professionals, plays a specific role in executing a comprehensive financial plan.Understanding Family Dynamics: Recognizing the diverse attitudes, behaviors, and approaches to money within a family is essential for successful wealth management. Ridgeway advises families to openly discuss their financial identities and work together to bridge any gaps in understanding.Emotional and Psychological Aspects: Ridgeway acknowledges the emotional complexities surrounding wealth and emphasizes the importance of seeking professional help when necessary. He encourages listeners to address both the monetary and non-monetary aspects of wealth management.Quotes:"Train up a child in the way that he should go; even when he is old, he will not depart from it." - Proverbs 22:6"The purpose of that conversation is not to discuss your valuables but your values.""Money doesn't just bring opportunities but challenges."💵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 impact of cognitive biases on financial decision-making, particularly for Christians navigating personal finances and investments. He highlights how these biases, such as conservatism bias and confirmation bias, can lead to detrimental outcomes when managing money. Through insightful commentary and practical examples, AB emphasizes the importance of recognizing and addressing these biases to make informed and strategic financial choices aligned with Christian principles.Key Takeaways:Impact of Cognitive Biases: AB explores how cognitive biases, including conservatism bias and confirmation bias, can influence financial decision-making, leading individuals to overlook important information and make suboptimal choices.Overcoming Mental Barriers: He emphasizes the significance of recognizing and addressing these biases to become stronger investors, empowering listeners to make informed financial decisions rooted in biblical principles.Diversification and Risk Management: AB highlights the dangers of overconcentration in investments, urging listeners to diversify their portfolios and mitigate risk to safeguard their financial well-being.Seeking Objective Information: He encourages listeners to seek objective information and remain open-minded, rather than succumbing to biases that reinforce pre-existing beliefs and values.Aligning Faith with Finances: AB underscores the importance of aligning financial decisions with Christian values, emphasizing stewardship, generosity, and responsible wealth management as integral aspects of faithful living.Quotes:"The devil uses these cognitive biases against you as well, especially as believers.""People believe what they want to believe and ignore the rest.""I want your eyes and your hearts and your spirits to be open to the right information."💵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 psychological barriers that often hinder rational decision-making when it comes to personal finances and investments. Drawing from principles found in the Bible, Ridgeway explores topics such as cognitive biases, rationalization, and conservatism bias, offering insights to help listeners become more financially savvy and righteous stewards of their wealth.Key Takeaways:Understanding Psychological Barriers: Ridgeway emphasizes the importance of recognizing and overcoming mental barriers that affect financial decision-making. By delving into concepts like conservatism bias and rationalization, listeners can gain insight into their own thought processes and make more informed choices.Biblical Principles in Finance: As Christians, Ridgeway highlights the importance of applying biblical principles to financial management. From managing debt to planning for retirement, the Bible offers timeless wisdom on stewardship and wealth management.Rational Investing vs. Emotional Decision-Making: Ridgeway discusses the dichotomy between rational investing and emotional decision-making. By understanding the role of emotions in financial choices, listeners can strive to make decisions that align with their long-term goals and values.Heuristics and Mental Shortcuts: Exploring the concept of heuristics, Ridgeway explains how mental shortcuts can both aid and hinder decision-making. By becoming aware of these shortcuts, listeners can develop a more critical approach to evaluating financial opportunities and risks.Overcoming Cognitive Biases: Ridgeway encourages listeners to challenge cognitive biases and engage in critical thinking when it comes to financial matters. By acknowledging and addressing biases, individuals can make more objective and strategic decisions for their financial future.Quotes:"We tend to make decisions emotionally and justify them logically.""As Christians, we were taught to be good stewards over our tithing and giving to the less fortunate.""It's easier to understand and easier to act upon."💵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 challenges and considerations surrounding home ownership from a Christian financial perspective. If your dreams of buying a home has been put on the back burner for right now, you are not alone. It seems as if consumer confidence in the housing markets are hitting an all-time low. The Federal National Mortgage Association better known as Fannie Mae is reporting Home Purchase Sentiment Index® (HPSI) decreased 4.1 points in October to 56.7, its eighth consecutive monthly decline and lowest reading since the inception of the index in 2011. Key Takeaways:Biblical Financial Stewardship: AB highlights the disconnect between Christians' commitment to tithing and giving and their lack of knowledge regarding personal finance and investments. He underscores the importance of aligning financial decisions with biblical principles of stewardship and responsibility.Long-Term Perspective: Drawing parallels between investment time horizons and home ownership, AB emphasizes the need for individuals to consider the long-term implications of their financial decisions. He challenges the notion of short-term thinking in an environment shaped by low interest rates and encourages listeners to adopt a more strategic approach.Opportunity Cost: AB discusses the concept of opportunity cost and its relevance to financial decision-making, particularly in the context of home purchases. He warns against succumbing to the fear of missing out (FOMO) and emphasizes the importance of evaluating the true cost and value of homeownership.Financial Planning Considerations: AB offers practical advice for prospective homebuyers, including assessing their desired length of stay, considering location factors beyond price, and evaluating debt-to-income ratios. He emphasizes the significance of maintaining financial flexibility and avoiding the trap of becoming "house poor."Spiritual Perspective: Throughout the episode, AB intertwines financial advice with spiritual insights, reminding listeners of the biblical call to patience, prayer, and responsible stewardship. He encourages listeners to seek God's guidance in their financial decisions and to prioritize faithfulness over material possessions.Quotes:"As Christians, we were taught to be good stewards over our tithing and giving to the less fortunate.""If you wait, you'll miss out on the home of your dreams.""Opportunity cost is when you miss an opportunity to make an alternative choice due to your initial choice."💵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 delves into the FIRE movement (Financial Independence, Retire Early) and its implications for Christians. He explores the idea of managing finances in alignment with biblical principles and the potential pitfalls of early retirement. Ridgeway challenges listeners to consider their motivations and goals for financial independence, emphasizing the importance of purpose and stewardship.Key Takeaways:Purposeful Income Generation: Ridgeway emphasizes the significance of finding fulfillment in one's work and suggests that pursuing income in an enjoyable industry should precede considerations of retirement.Alternative Time Management: Rather than opting for early retirement, Ridgeway proposes exploring part-time work or consulting roles as viable alternatives to manage time and finances effectively.Biblical Financial Stewardship: The episode prompts listeners to reflect on biblical teachings regarding financial management, including debt, investment, and retirement planning.Cautions Against Hasty Decisions: Ridgeway warns against the rush to retire and the potential consequences of early retirement, highlighting the loss of earning potential and the financial challenges associated with long-term retirement.Balancing Lifestyle and Financial Goals: The discussion encourages listeners to consider the balance between financial independence and a meaningful, purpose-driven life, cautioning against excessive focus on wealth accumulation at the expense of charitable giving and spiritual fulfillment.Quotes:"Generating an income in an industry you enjoy should be the first step.""There are more ways to manage your time than just quitting and totally retiring.""Retiring to what? Without a purpose or something to retire to, you will get bored."💵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 qualities of an ethical financial advisor. He emphasizes the importance of discernment, intuition, and ethical standards, drawing on biblical principles to guide listeners in evaluating financial advisors. AB Ridgeway provides practical tips for identifying ethical advisors and encourages listeners to prioritize values and ethics when seeking financial guidance.Key Takeaways:Know What You Don't Know: Ethical advisors acknowledge their limitations and seek expertise when necessary. They prioritize honesty and transparency in their client interactions, ensuring clients receive accurate and informed advice.Lifetime Learning: Ethical advisors demonstrate a commitment to continuous learning and improvement. They stay updated on industry trends and regulations, striving to enhance their knowledge and skills to better serve their clients.Network of Integrity: Ethical advisors surround themselves with colleagues and organizations that uphold high ethical standards. They prioritize associations that align with their values and contribute to their professional growth and development.Fact vs. Opinion: Ethical advisors distinguish between facts and opinions when providing financial advice. They present information objectively, empowering clients to make informed decisions based on credible sources and expert insights.Careful Framing: Ethical advisors communicate information responsibly, avoiding biased or misleading framing. They strive to provide balanced perspectives on financial matters, ensuring clients receive objective and helpful guidance.Quotes:"Even though there are many ways to evaluate a financial advisor, the best way is to pray and to trust your instinct.""Ethical advisors are those who are willing to subject themselves to additional ethical standards to show the public and clients that they have their best interests in mind.""Ethical advisors go beyond the letter of the law and focus on the spirit of the law, meaning they avoid the gray areas even though it isn't directly out of the law."💵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 delves into the importance of managing discretionary income and making wise financial decisions in line with biblical principles. He highlights the consequences of overspending on non-essential items, using Target as a case study, and emphasizes the need for responsible stewardship over one's wealth.Key Takeaways:Stewardship of Wealth: AB emphasizes that as Christians, we are entrusted with managing our wealth wisely, not only for our own benefit but also for future generations. He stresses the importance of redirecting discretionary income towards meaningful goals and investments, rather than fleeting pleasures.Discretionary Spending: AB explains the concept of discretionary spending and its impact on personal finances. He encourages listeners to prioritize essential expenses like mortgage and utilities over non-essential purchases, highlighting the need for prudent financial management.Diversification and Risk Management: AB discusses the risks associated with overconcentration in certain investments, using the example of Target stock. He advocates for diversification as a strategy to mitigate risk and protect one's financial portfolio from market volatility.Consumer Behavior: AB analyzes consumer behavior trends, particularly in response to economic uncertainty and inflation. He emphasizes the importance of discernment in spending habits, cautioning against excessive consumption driven by societal pressures or advertising.Aligning Finances with Values: AB underscores the significance of aligning financial decisions with biblical principles and values. He encourages listeners to reflect on their financial priorities and make intentional choices that honor God and support long-term prosperity.Quotes:"God has made you the steward of your wealth, and I don't think he wants you to give the money you could be passing on to your children... to another retailer for some temporary pleasure.""The problem is not how much the staples cost... but how much the things you want cost.""No longer are you going to blindly go into the store and just spend. This one change could drastically improve your life for the better without depriving you of the luxuries of this life."💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*Disclaimer: This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. This is strictly for information purposes. We recommend you speak with a professional financial advisor.Article Referenced:Yahoo Finance:https://news.yahoo.com/target-earnigs-miss-consumer-shopping-patterns-113025639.htmlBankrate Definition:www.bankrate.com/glossary/d/discretionary-spending/)

Episode Summary: In this episode of "Financial Advisors Say the Darnedest Things," AB Ridgeway, aka Mr. Christian Finance, delves into the importance of reflecting on the year's financial goals, offering practical advice on financial planning, debt management, retirement contributions, and beneficiary designation. Drawing parallels from biblical narratives, Ridgeway emphasizes the significance of aligning financial decisions with spiritual principles.Key Takeaways:Reflecting on Financial Goals: Ridgeway underscores the importance of reflecting on past financial decisions to recalibrate goals for the upcoming year. By taking stock of achievements and shortcomings, individuals can align their financial plans with their values and aspirations.Practical Financial Planning: He advocates for the creation or review of financial plans, emphasizing the need for flexibility to accommodate life's uncertainties. Ridgeway highlights the impact of external factors like inflation and market fluctuations on financial projections, urging listeners to adjust their expectations accordingly.Debt Management Strategies: Ridgeway stresses the inclusion of debt management strategies in financial plans, encouraging listeners to prioritize debt repayment and avoid accruing additional debt. He illustrates the potential savings from reducing debt balances, emphasizing the long-term benefits of debt reduction.Retirement Contributions: Ridgeway advises making annual contributions to retirement accounts, regardless of eligibility for tax deductions. He recommends consulting with tax professionals to determine contribution limits and tax benefits, emphasizing the importance of long-term retirement savings.Beneficiary Designation: Drawing from the biblical story of Isaac, Esau, and Jacob, Ridgeway highlights the importance of updating beneficiary designations to ensure assets are distributed according to intentions. He underscores the need for vigilance in verifying and confirming beneficiary details to avoid potential conflicts.Quotes:"Reflecting on your year allows you to be grateful for the time God has given you and to create a life you'll be happy living.""At the core of all conflict is unexpressed expectations. Aligning financial plans with realistic expectations is key.""Just because you sent it in doesn't mean it's complete. Follow up and ensure your beneficiaries are accurately designated."💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!https://calendly.com/abridgewaywm/consultation*Disclaimer: This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. This is strictly for information purposes. We recommend you speak with a professional financial advisor.Article Referenced:https://finance.yahoo.com/news/end-financial-planning-checklist-170922478.html

First Facebook, then Twitter, and now Amazon. This post-pandemic era is getting crazy. Luckily, we break down the layoffs from one of the globe's biggest companies and give you 3 tips you can use to protect yourself before you get fired and a few tips to ensure that your move to your next job is as smooth as possible.Episode Summary: In this episode of "Financial Advisors Say the Darndest Things," AB Ridgeway dives into the topic of job security, financial stewardship, and maintaining a Christian perspective in the midst of economic uncertainties. He discusses Amazon's recent layoffs and the broader implications for individuals in the workforce, emphasizing the importance of being prepared and financially savvy.Key Takeaways:Stewardship and Job Transition: AB emphasizes the need for Christians to approach job transitions with wisdom and preparedness. He likens it to making logical investment decisions rather than emotional ones, stressing the importance of safeguarding one's family's future.Financial Literacy and Biblical Principles: AB addresses the gap in financial literacy among Christians, particularly regarding topics like debt management, investing, and retirement planning. He highlights the need for aligning financial practices with biblical principles to achieve both wealth and righteousness.Adapting to Economic Changes: Amidst layoffs and economic uncertainties, AB advises listeners to prioritize building emergency funds and increasing their market value through job training. He emphasizes the significance of being proactive in job searches and investing in oneself to navigate career shifts successfully.Identity and Work: AB warns against conflating one's identity with their job, emphasizing the transient nature of employment compared to the enduring importance of personal values and faith. He encourages listeners to maintain a strong sense of self regardless of their employment status.Biblical Perspective on Work: Drawing from Colossians 3:23, AB underscores the biblical mandate to work heartily as unto the Lord rather than for human approval. He encourages listeners to ground their work ethic and identity in their faith, finding purpose beyond the confines of their job titles.Quotes:"You are not a financial adviser, you are a person who is a financial adviser.""At no point are you going to put your identity into your job because once you lose that job, what happens?""If you follow these steps, you will be putting the power back into your life."💵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.https://www.nytimes.com/2022/11/14/technology/amazon-layoffs.html

Episode Summary: In this episode of "Financial Advisors Say the Darndest Things," AB Ridgeway discusses the recent challenges faced by FTX cryptocurrency exchange and the appointment of John J. Ray III as its new CEO amidst a $16 billion implosion and bankruptcy filing. AB provides insights into the implications of bankruptcy and the importance of leadership and ethical financial practices, drawing parallels with biblical principles of stewardship and trustworthiness.Key Takeaways:Leadership and Ethical Practices: AB underscores the significance of leadership in financial success, highlighting John J. Ray III's reputation for integrity and dedication to creditor recovery. He emphasizes the biblical principle of appointing trustworthy leaders and the detrimental impact of unethical business practices, urging listeners to prioritize ethical conduct in their financial endeavors.Understanding Bankruptcy: AB clarifies misconceptions about bankruptcy, particularly Chapter 11, and its implications for debt reorganization and asset recovery. He encourages listeners to adopt a patient and informed approach to decision-making, emphasizing the need for thorough understanding and strategic planning amidst financial challenges.Debt Management: Drawing from Proverbs 22:7, AB underscores the dangers of excessive debt and its enslaving effect on individuals. He emphasizes the importance of prudent debt management, whether in real estate or credit card debt, as a crucial aspect of financial success and stewardship.Action-Oriented Decision Making: AB advocates for decisive action in financial planning, citing John J. Ray III's dogged determination in recovering assets for creditors during Enron's bankruptcy. He encourages listeners to adopt a mindset of determination and perseverance, emphasizing the role of proactive decision-making in achieving financial goals.Learning from Mistakes: AB concludes by emphasizing the importance of learning from mistakes and seeking truth to protect oneself financially. He stresses the need for transparency and informed decision-making in financial matters, acknowledging the impact of mistakes on trusting investors and the importance of ongoing learning and reflection.Quotes:"Leadership is the cornerstone of financial success.""The borrower is a slave of the lender.""It is this mentality of doggedness that's going to make us successful in anything that we do."💵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.Reuters Article:https://www.reuters.com/technology/ftxs-new-ceo-helped-bolster-enron-victims-recovery-2022-11-15/

GameStop, Robinhood, and Gamification have changed the way this generation sees saving for retirement. In a time where we saw robo-advisors on the rise and technology taking the investment world by storm, all that came to a halt, when real life hit. Technology doesn't care about your feelings, they care about the input. Join us as we discuss the importance to leaving technical issues to technology and personal issues to people.Episode Summary: In this episode of "Financial Advisors Say the Darndest Thing," Amy Ridgeway, also known as Mr. Christian Finance, explores the evolving landscape of retirement planning in the wake of the pandemic. Amy delves into the impact of technology on investment trends, the rise of new investors, and the pitfalls of gamification in the stock market. Through biblical wisdom and practical insights, Amy highlights the importance of comprehensive financial planning and the role of Christian financial advisors in guiding investors towards stewardship and success.Key Takeaways:Biblical Principles of Stewardship: Drawing from biblical teachings on stewardship, Amy underscores the Christian responsibility to manage finances in alignment with faith-based values. She explores key areas such as debt management, legacy planning, and ethical investing, offering listeners practical guidance rooted in biblical wisdom.Cautious Approach to Technology: While recognizing the benefits of technology in financial management, Amy advocates for a cautious approach, particularly in light of recent market trends and the proliferation of online trading platforms. She warns against the dangers of over-reliance on technology and urges listeners to prioritize human advice and discernment in navigating financial decisions.Comprehensive Financial Planning: Amy highlights the importance of comprehensive financial planning, emphasizing the need for investors to sit down and count the cost before embarking on their financial journey. By seeking professional guidance and developing a strategic plan, individuals can mitigate risks and pursue long-term financial security.Integration of Faith and Finance: Through examples from scripture and real-world scenarios, Amy underscores the integration of faith and finance in decision-making. She encourages listeners to approach financial planning with humility, recognizing the need for God-centered wisdom and discernment in stewarding resources effectively.Quotes:"You don't have to give the whole thing if you want to manage a few stocks on the side, go ahead.""Those who are going to be successful in the future are those who plan to be successful.""It's not going to replace real human advice."💵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 Thing," AB Ridgeway, also known as Mr. Christian Finance, addresses the common fears and uncertainties Christian investors face when seeking financial advice. AB emphasizes the importance of aligning financial decisions with biblical principles and offers practical guidance on navigating the complexities of retirement planning and investment management. Through personal anecdotes and insightful commentary, Amy empowers listeners to make informed financial choices while prioritizing faith-based values.Key Takeaways:Biblical Foundation of Financial Stewardship: AB highlights the biblical mandate for stewardship over personal finances, emphasizing the need for Christians to seek wisdom and guidance in managing wealth. By exploring scriptural teachings on money management, debt, and investing, Amy equips listeners with a solid foundation for making financial decisions rooted in faith.Challenges of Financial Intimidation: AB acknowledges the apprehensions many Christians experience when seeking financial advice, particularly in a world dominated by complex financial systems and practices. She reassures listeners that they are not alone in their uncertainties and encourages them to overcome intimidation by prioritizing education and seeking reputable advisors who share their values.Critical Considerations When Choosing a Financial Advisor: AB provides practical insights into the key factors Christian investors should consider when selecting a financial advisor. From understanding fee structures and advisor expertise to assessing communication methods and fiduciary responsibilities, Amy equips listeners with essential criteria for evaluating potential advisors and ensuring their interests are prioritized.Continual Learning and Preparation: AB encourages listeners to prioritize ongoing education and preparation in their financial journey. She emphasizes the value of revisiting foundational episodes of the podcast to deepen understanding and readiness for engaging with financial advisors. By empowering listeners with knowledge and practical tools, AB instills confidence and resilience in navigating the complexities of financial planning.Quotes:"You know, many investors, they depend on the old, let's just wing a strategy.""Understanding what you're paying for and how to pay is going to be one of your biggest advantages.""A good advisor will let you know the dangers, but ultimately, they're going to do what's in your best 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.Article:https://money.usnews.com/financial-advisors/articles/how-to-find-a-financial-advisor-if-youre-not-richMusic by: Airtone- reCreation

In this episode of "Financial Advisors Say the Darndest Thing," host AB Ridgeway explores the intersection of financial planning and home care, particularly for aging Americans. With insights drawn from statistics and practical advice, Ridgeway guides listeners through considerations for choosing a caregiver, understanding the non-monetary aspects of care, and leveraging technology to enhance the aging experience.Key Takeaways:Early Planning for Aging in Place: Ridgeway stresses the significance of initiating the planning process for home care well in advance, ideally five to ten years before it becomes necessary. This proactive approach allows individuals to make informed decisions and allocate resources effectively.Understanding Caregiver Responsibilities: Acknowledging the diverse responsibilities of caregivers beyond financial matters is essential. From managing daily errands to facilitating healthcare appointments, caregivers play a vital role in maintaining individuals' well-being as they age.Integration of Technology: Ridgeway emphasizes the value of incorporating technology into home care arrangements, citing its potential to enhance communication, access to services, and medical support. Familiarity with digital tools like Zoom and online shopping platforms can streamline caregiving processes.Seeking Christian-Centered Care: For individuals prioritizing faith-based care, Ridgeway suggests exploring agencies that integrate Christian principles into their services. While highlighting the importance of vetting such agencies, he encourages listeners to prioritize values alignment in selecting caregivers.Quotes:"A great advisor is going to help you along the journey of financial planning... So the decisions such as if you should stay at home or have to go into a care facility stay in your control, and not under the control of your wallet at that time.""Choosing to stay at home or going to a facility is a big decision and it this is a priority that it needs to be discussed so early, and it needs to be planned for."💵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.Links mentioned:https://www.aarp.org/content/dam/aarp/research/surveys_statistics/liv-com/2021/2021-home-community-preferences-chartbook.doi.10.26419-2Fres.00479.001.pdfhttps://www.cnbc.com/2022/11/09/how-to-plan-your-support-systems-if-you-want-to-age-in-place-at-home.htmlhttps://christianseniorcarenetwork.com/about/

Episode Summary: In this episode of "Financial Advisors Say the Darndest Thing," host AB Ridgeway delves into the recent resignation of Sam Bankman-Fried, CEO of FTX, a prominent cryptocurrency exchange. AB explores the implications of FTX's bankruptcy filing, reflecting on its impact on the cryptocurrency industry and investors. Drawing from biblical principles, she emphasizes the importance of prudent financial stewardship and aligning investment decisions with faith-based values.Key Takeaways:Prudent Financial Stewardship: AB underscores the biblical principle of responsible stewardship over finances, cautioning against hasty wealth accumulation and speculative investments. She encourages listeners to prioritize faith-based principles in financial decision-making, emphasizing the value of gradual wealth accumulation over risky ventures.Lessons from FTX's Bankruptcy: Reflecting on the downfall of FTX and Sam Bankman-Fried, AB highlights the risks associated with unregulated financial practices and speculative investments. She urges investors to exercise caution and discernment, considering the potential consequences of entrusting wealth to ventures lacking accountability and transparency.Impact of Cryptocurrency Volatility: AB discusses the volatility of cryptocurrency markets and its implications for investors, particularly in light of FTX's bankruptcy. She encourages a measured approach to cryptocurrency investment, urging listeners to prioritize diversification and long-term financial sustainability over short-term gains.Prioritizing Faith-Based Giving: AB emphasizes the importance of prioritizing faith-based giving and ministry-focused investments over speculative ventures. She encourages listeners to seek financial partners who share their values and commitment to responsible stewardship, fostering a holistic approach to wealth management.Quotes:"As Christians, we were taught to be good stewards over our tithing and giving to the less fortunate. But when it came to our own personal finances and investments, we are clueless what the Bible says.""Wealth gained hastily will dwindle. But whoever gathers little by little will increase it." (Proverbs 13:11)"Don't be like Sam, Sam is misguided. He was blinded by the money. He was blinded by the vanity of being labeled a boy genius. But not you."💵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.https://nypost.com/2022/11/12/ftxs-sam-bankman-fried-in-bahamas-after-collapse/https://www.nytimes.com/2022/11/11/business/ftx-bankruptcy.html

Episode Summary: In this episode of "Financial Advisors Say the Darndest Things," host AB Ridgeway explores the complexities of managing newfound wealth, specifically in the context of lottery winnings. Drawing from biblical wisdom and financial expertise, AB offers valuable insights into navigating the challenges and opportunities associated with substantial financial windfalls.Key Takeaways:Spiritual Foundation: AB emphasizes the importance of maintaining a strong spiritual connection amidst financial prosperity. He highlights the necessity of prioritizing spirituality over materialism, encouraging listeners to focus on strengthening their relationship with God as they navigate financial abundance.Strategic Payment Options: AB delves into the significance of choosing the appropriate payment structure for lottery winnings. He advocates for selecting annuity payments over lump-sum payouts, citing the benefits of long-term financial planning and risk mitigation associated with staggered payments.Personal Development: AB underscores the value of investing in personal development and mental health to effectively manage newfound wealth. He emphasizes the need for individuals to grow into their wealth gradually, acquiring the necessary skills and mindset to navigate financial complexities responsibly.Strategic Team Building: AB advises listeners to assemble a team of trusted advisors, including lawyers, accountants, financial planners, and healthcare professionals, to facilitate comprehensive wealth management. He stresses the importance of strategic planning and prudent decision-making to safeguard financial legacies and mitigate potential risks.Generational Wealth Planning: AB highlights the importance of generational wealth planning and legacy-building, urging listeners to prioritize preparing future generations for financial success. He emphasizes the significance of imparting money management skills and instilling values of stewardship and responsibility in heirs.Quotes:"A lot of these individuals think about all the money they're going to make and all the things they're going to buy, but they don't focus on their spirituality and how it is going to help them strengthen their relationship with God.""With great power comes great responsibility, you will need to rely on your intuition and your intellect to navigate this world.""Don't curse your children with a $7 million lump sum from your retirement account, when you pass, set them up for success by creating a plan."💵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.Lottery Calculator: https://blog.turbotax.intuit.com/life/lottery-calculator-52875/

Episode Summary: In this episode of "Financial Advisors Say the Darndest Things," host AB Ridgway discusses the importance of understanding and making informed decisions during medical open enrollment. He emphasizes the significance of proactive engagement with healthcare plans to ensure financial wellness and optimal health outcomes. AB provides practical insights into key concepts such as premiums, co-payments, co-insurance, deductibles, out-of-pocket maximums, and in-network versus out-of-network coverage.Key Takeaways:Importance of Proactive Engagement: AB emphasizes the need for individuals to actively participate in understanding and selecting their healthcare plans during open enrollment. By taking proactive steps and making informed decisions, individuals can better manage their healthcare costs and coverage options.Understanding Healthcare Terminology: AB breaks down essential healthcare terms such as premiums, co-payments, co-insurance, deductibles, and out-of-pocket maximums. Understanding these terms empowers individuals to navigate their healthcare plans effectively and make financially sound choices.Alignment of Healthcare Needs and Financial Goals: AB highlights the importance of aligning healthcare needs with financial goals. By considering factors such as family dynamics, income fluctuations, and preventive care services, individuals can choose healthcare plans that best suit their needs while minimizing financial risks.Maximizing Benefits and Preventive Care: AB encourages listeners to maximize the benefits offered by their healthcare plans, including preventive care services. By leveraging these benefits and proactively managing their health, individuals can reduce the risk of incurring higher healthcare expenses in the future.Financial Stewardship and Diligence: Drawing from biblical principles, AB underscores the importance of financial stewardship and diligence in managing healthcare expenses. He emphasizes the need for diligence in selecting healthcare plans, aligning with the biblical notion of responsible stewardship over one's resources.Quotes:"Your primary care doctor is there to keep you healthy.""Picking the right plan and taking advantage of preventative care services is a great way to reduce your risk of greater expenses in the future.""Building a medical plan is more than just about money. It is about our health and making sure that you get the most service for the least amount of 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.

On our journey to financial freedom, sometimes, we have to deny ourselves, deny our desires for instant riches, and deny our favorite forms of entertainment, because we have a bigger goal that we want to achieve.There is a saying, “Stop reaching over dollars trying to grab pennies?”Ask yourself...Are you sacrificing the important things in life, for the little things? Are you worried about buying a new car and not seeking salvation?Are you worried about you keeping your job when God wants to lead you to your purpose?Well, I want to bring on our next guest that is going to break down some of these questions as we address selflessness, the ability to serve in different environments, serving on a budget, and how taking accountability for your financial situation can propel you into a Servant Leader role and Fisher of men.

Episode Summary: In this episode, AB Ridgeway delves into the crucial difference between unity and uniformity within the church, emphasizing the importance of establishing a clear vision and fostering unity among diverse members. He highlights the pitfalls of pursuing uniformity and advocates for a unified vision that embraces diversity while aligning all efforts toward a common goal.Key Takeaways:Unity Over Uniformity: AB Ridgeway emphasizes the necessity of unity over uniformity within the church. While uniformity seeks sameness and conformity, unity embraces diversity and different perspectives to achieve a common purpose.Vision Clarity: The episode underscores the significance of establishing a clear vision for the church. Rather than focusing on finding the "perfect" member, AB Ridgeway suggests defining what the church wants to be known for, thereby attracting individuals who resonate with its vision.Alignment with Vision: Every aspect of church activities should align with its vision. From messaging to guest speakers, everything should reflect and reinforce the overarching vision, ensuring consistency and coherence in the church's mission.Attracting the Right Audience: Drawing parallels with branding strategies, AB Ridgeway suggests that churches should aim to attract their target audience by embodying their desired identity. By projecting a clear vision, churches can appeal to individuals who align with their values and goals.Clarity Leads to Success: AB Ridgeway concludes by emphasizing that clarity in vision paves the way for success. When the entire congregation shares a unified vision and works towards it, the path to achieving collective goals becomes clearer and more attainable.Quotes:"Unity, as I stated before, is to bring together for a common purpose.""The uniformity should be in your messaging and not in your people.""The clearer you are on your vision, the clearer the path to success will be."💵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, See the Darnedest Things," host AB Ridgway shares a story from Reddit about a young man who realizes he's overspending on convenience items like fast food and convenience stores. Through self-awareness and accountability, the man begins to make changes to his spending habits, focusing on home-cooked meals and budgeting wisely.Key Takeaways:Distinguish Between Nice-to-Haves and Need-to-Haves: AB emphasizes the importance of categorizing expenses and recognizing that items like food delivery are nice-to-haves, not necessities. By prioritizing spending on essentials, individuals can redirect funds toward their financial goals.Identify Trade-Offs for Goals: Making a list of trade-offs can help individuals visualize what they're willing to sacrifice to achieve their financial objectives. For example, swapping out dining out for home-cooked meals can lead to significant savings over time.Evaluate Progress Regularly: AB advises listeners to evaluate their financial progress every six months. This assessment helps individuals determine if they need to adjust their spending habits further or if they're on track to meet their goals.Prioritize Long-Term Prosperity: The episode underscores the importance of prioritizing long-term financial health over short-term convenience. By understanding the true cost of convenience, individuals can make more informed spending decisions.Seek Professional Guidance: AB encourages listeners to seek financial advice from professionals to optimize their financial strategies and decision-making.Quotes:"You want to divide your expenses into nice-to-haves and need-to-haves. Unfortunately, getting food delivery is something nice-to-have. It's not something that you need to have unless you are sick...""The idea is to point the direction of your finances to prosperity in a way from poverty. Now remember, society is not charging you for the things you buy, they are charging you for the convenience."💵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 importance of strategy and discipline in managing personal finances and investments from a Christian perspective. Drawing insights from biblical principles, Ridgeway addresses common financial questions faced by Christians, such as managing debt, leaving a legacy, investing, and planning for retirement. He emphasizes the need for stewardship over financial resources and the alignment of financial goals with biblical values.Key Takeaways:Stewardship and Discipline: Ridgeway emphasizes the importance of stewardship over personal finances and investments, highlighting the biblical principle of being good stewards over God-given resources. He underscores the need for discipline in financial decision-making, focusing on long-term wealth accumulation rather than short-term gains.Biblical Guidance on Financial Management: The episode explores various financial topics through a biblical lens, addressing common questions faced by Christians, such as managing debt, investing, and planning for retirement. Ridgeway encourages listeners to seek wisdom from the Bible when making financial decisions, emphasizing principles of prudence and diligence.Risk Management and Investment Strategy: Ridgeway discusses the role of risk management in investment strategy, cautioning against the pursuit of high returns at the expense of prudent risk management. He advocates for a balanced approach to investing, aligning investment strategies with individual risk tolerance and long-term financial goals.Value of Financial Advisors: The episode highlights the value of financial advisors in navigating volatile markets and uncertain economic conditions. Ridgeway underscores the expertise and experience that advisors bring to investment decision-making, citing research that shows advised investors outperforming non-advised investors over time.Long-Term Perspective and Faith: Ridgeway encourages listeners to adopt a long-term perspective on wealth accumulation and investment, grounded in faith and biblical principles. He emphasizes the importance of patience, perseverance, and trust in God's provision, particularly during challenging economic times.Quotes:"We focus on strategy and discipline because we cannot control the markets. We can only control our participation in them.""As Christians, we were taught to be good stewards over our tithing and giving to the less fortunate. But when it came to our own personal finances and investments, we are clueless on what the Bible says.""We do not promise ridiculously high growth numbers. We focus on your required number and not your desired number."💵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.

Prenups and divorce are not the same. Prenups have been demonized in the media. We are shown nasty divorces where one spouse is left starving and homeless as the other wallows in all of their greed and wealth, all because of a prenup.This is so wrong on so many levels. As with many financial topics, the general public is left in the dark about the true intent and purpose of many financial tools. Prenups are a tool and when used properly, can create a strong harmonious relationship that is strengthened and not weakened. And our next guest is here to prove all the haters wrong, because as she says..."You haven't landed on a good financial plan until everyone feels good about it...it's the same way with prenuptial agreements" -Kaylin Dillon

Episode Summary: Drawing from scripture and personal insights, Ridgeway challenges listeners to shift their focus from lack to abundance and take proactive steps towards cultivating wealth and happiness.Key Takeaways:The Power of Perception: Ridgeway emphasizes that financial success and happiness are not passive acquisitions but rather active creations. By changing one's perspective and focusing on abundance rather than lack, individuals can take control of their financial destinies.Seeking Guidance: Drawing from biblical wisdom, Ridgeway highlights the importance of seeking counsel and not venturing into financial decisions alone. Just as Eve faced temptation alone in the Garden of Eden, seeking advice from trusted sources can prevent costly mistakes.Discerning Half-Truths: Ridgeway cautions against falling for half-truths propagated by the devil, likening them to misleading financial advice prevalent in today's society. It's essential to discern between genuine opportunities and deceptive promises to avoid financial pitfalls.Seasons of Financial Growth: Just as farmers navigate seasons to cultivate crops, investors must recognize the cyclical nature of financial markets. Understanding that periods of recession are followed by expansion empowers individuals to persevere through financial challenges.Taking Action: Ridgeway emphasizes the importance of taking proactive steps towards financial success, urging listeners to sow seeds of investment during lean times rather than succumbing to fear and inaction.Quotes:"Either you learn to plant seeds in the spring or learn to beg during the fall.""You are the top reason on your list of excuses on why you don't have. You can be at the top of the reason on your list of accomplishments on why you do.""Expansion follows recession. It will not always be winter."💵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.

Tyler Hackenberg of Drexel Day Financial joins us to talk everything about Catholicism and Investing.We explore:How Christian Executives can change the world by teaching Christ-like ethicsHow Christian Executives can build wealth in the marketplace to support missionsBeing authentically Catholic and debunking the myth of negative performance for biblical investmentsTogether we tap into the core values of a believer and why the discussion about fees is nothing when it is not backed by a discussion about morality.

Christian Executives need help too! We see professional athletes make millions but have no idea how to manage it. At no point in our lives will we be 100% self-sufficient. That is why we all need God in our lives. So, who are helping executives and those who made a lot of money but have little to no knowledge of how to manage that money? I'll tell you. Our next guest Leo Marte, CFP®️, MBA is going to help us understand the challenges executives face in life and the workplace, and how to overcome them, so they can be better stewards of God's wealth.

Episode Summary: In this episode of "Financial Advisors Say the Darndest Things," host AB Ridgeway delves into the topic of true financial freedom from a Christian perspective. He explores the biblical principles surrounding wealth, possessions, and the pursuit of a meaningful life. Drawing from Ecclesiastes and personal anecdotes, Ridgeway challenges the notion of wealth as the ultimate goal and encourages listeners to focus on living a fulfilling life aligned with their faith.Key Takeaways:Perspective on Wealth: Ridgeway emphasizes that true wealth is not just about financial abundance but also encompasses spiritual fulfillment and a sense of purpose derived from living according to biblical principles.The Danger of Materialism: Through the story of Jim, a successful yet unfulfilled engineer, Ridgeway highlights the pitfalls of chasing worldly success at the expense of relationships and personal well-being.Prioritizing Life's Essentials: He underscores the importance of prioritizing meaningful experiences, relationships, and personal growth over the accumulation of material possessions.Stewardship and Legacy: Ridgeway discusses the biblical concept of stewardship and encourages listeners to consider how they can use their resources to leave a lasting legacy aligned with their faith values.Finding Balance: Finally, he advocates for finding a balance between work, leisure, and spiritual growth, emphasizing the importance of contentment and gratitude in achieving true financial freedom.Quotes:"Don't reach over dollars trying to reach pennies.""Life is a gift from God, right? What if life really wasn't about money? It was about the work it took to get the money.""Are we a society reaching over dollars, which represents the important things in life, trying to grab the pennies, which represents the least important things in life?"💵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 Darnest Things," host AB Ridgeway delves into the question of whether individuals truly need a financial advisor. Drawing upon biblical principles of stewardship, Ridgeway addresses common misconceptions and uncertainties Christians may have about managing their personal finances and investments.Key Takeaways:Biblical Guidance on Finances: Ridgeway emphasizes the importance of aligning financial decisions with biblical teachings on stewardship, debt management, leaving a legacy, and planning for retirement. By exploring what the Bible says about these topics, listeners gain insights into how to navigate their financial journey with faith-based principles.The Role of Financial Professionals: Ridgeway highlights the role of financial advisors and planners in assisting individuals with their financial goals. He explains the process of working with a financial professional, from sharing financial information and evaluating recommendations to funding accepted recommendations.Continuous Learning and Mastery: The episode underscores the concept of continuous learning and mastery in the financial industry. Ridgeway encourages both listeners and financial professionals to embrace the duality of intelligence, acknowledging that there are always new concepts to learn and master in the ever-evolving landscape of finance.Importance of Trust and Transparency: Trust and transparency are emphasized as essential components of the client-advisor relationship. Ridgeway stresses the importance of being comfortable sharing financial details and speaking up when in disagreement, emphasizing that financial professionals are there to provide guidance while respecting clients' autonomy.Clarifying Terminology: Ridgeway addresses common misconceptions about financial terminology, particularly distinguishing between financial advisors and financial planners. He emphasizes the need for clarity in communication to ensure clients understand the services provided and how advisors are compensated.Quotes:"As much as I know, as much as I've been in the industry over a decade, I've heard a lot of concepts over and over and over again. But at the end of the day, I am still mastering my craft because somebody had once told me that if you're not growing, you're dying.""So you got to understand that as humans, we are only going to take advantage of the options we are aware of.""You are not giving up your autonomy. You are not giving up your power. You are not giving up your freedom to choose. You are asking a professional for additional guidance so you can make the best decision for your family."💵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.

As Christians, we understand that whatever we do in this life is an outward expression of our inner intentions. Whether it is through prayer, praise and worship, or our acts of service, our focus is to uplift and glorify God.It says in Mark 7:15, There is nothing from without a man, that entering into him can defile him: but the things which come out of him, those are they that defile the man. So our outward expressions of our inner intentions should be used to do righteous work for our brothers and sisters in Christ. And that is what our next guest is doing with his work with Revo Financial.He is letting us know that the work we do does not just happen in the church, but in our homes, and in the workplace. Stay tuned as our next guest explains how he maintains a healthy balance of God, Family, and work and how you can too.

Episode Summary: In this episode of "Financial Advisors Say the Darndest Things," AB Ridgeway provides insights into the recent decision by the Federal Reserve to raise interest rates. Drawing from biblical wisdom found in Galatians 6:7, Ridgeway emphasizes the importance of sowing wisely in financial endeavors. He challenges listeners to adopt a long-term perspective and avoid succumbing to fear or making rash decisions in response to market fluctuations.Key Takeaways:Long-Term Investing Perspective: Ridgeway underscores the significance of maintaining a long-term investment strategy, highlighting historical market events to illustrate the importance of perseverance and patience.Avoiding Emotional Decision-Making: By cautioning against making investment decisions based on fear or short-term market movements, Ridgeway encourages listeners to cultivate self-control and discernment in financial matters.Understanding Market Volatility: Through examples of past market downturns, Ridgeway illustrates the cyclical nature of markets and the potential pitfalls of attempting to time the market.Embracing Diversification: Ridgeway advocates for a diversified investment portfolio as a means of mitigating risk and maximizing long-term growth potential.Seeking Biblical Wisdom: Grounding his financial advice in biblical principles, Ridgeway emphasizes the importance of aligning financial decisions with spiritual values and seeking God's guidance in stewarding resources.Quotes:"Our goal is not to be tied to the ups and downs of the market. It is about building the resources to live a long, fulfilling life.""Peace, safety, and solutions are promised by many, but true peace comes from God, and safety in the stock market cannot be guaranteed.""When times are tough, we turn to God for guidance and grace, knowing that He will deliver us from fear and uncertainty."💵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 emphasizes the importance of aligning financial practices with Christian beliefs. He starts by quoting Jeremiah 29:11, highlighting God's plans for welfare and hope. AB discusses the significance of maintaining faith during financial challenges, drawing parallels to biblical figures like Job and Abraham. He emphasizes that wealth is both a blessing and a test from God, urging believers to manage it responsibly. AB concludes with a prayer for clarity in financial decision-making and a reminder to share the podcast with others.Key Takeaways:Aligning Faith and Finances: AB stresses the need for Christians to integrate their faith into financial decision-making. He encourages listeners to reflect on how biblical principles can guide their approach to wealth management.Faith Amidst Challenges: Drawing from biblical examples, AB reminds believers to maintain faith even in difficult times. He highlights the importance of trusting in God's plan, especially when faced with financial adversity.Stewardship and Responsibility: AB underscores the concept of stewardship, emphasizing that believers are entrusted with wealth to fulfill God's purposes. He urges listeners to view money as a tool for positive impact and to prioritize responsible financial management.Perspective Shift: AB advocates for a shift in perspective regarding wealth and its role in one's life. He emphasizes that while money is valuable, it should not dictate one's faith, values, or emotional well-being.Sharing Spiritual Wisdom: Through his podcast and mailing list, AB aims to provide spiritual guidance alongside financial insights. He encourages listeners to engage with biblical scripture and incorporate it into their daily lives for spiritual nourishment.Quotes:"God gives wealth to bless us and also gives wealth to test us.""Our wealth doesn't determine our faith, love, or values.""This is a time for you to ask yourself, are you managing your money or is money managing you?"💵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.

You are a very intelligent person. Graduated with high marks. A top performer in your career. You raised some beautiful children who are also smart. But for some reason, when it comes to your personal finances, you could lead your way out of a wet paper bag. Why is that? Why are smart individuals making stupid decisions when it comes to their finances. Stay tuned as we discuss financial dysfunction, establishing a check and balance system, and how leading with your faith can change the way you handle your finances forever.Episode Summary: In this episode of "Financial Advisors Say the Darndest Things," host AB Ridgeway delves into the topic of financial dysfunction among intelligent individuals. He emphasizes the importance of leading with faith and aligning financial decisions with biblical principles to achieve true wealth and prosperity.Key Takeaways:Financial Dysfunction: Ridgeway highlights how financial choices that seem effective can actually impede progress, leading to stress and anxiety. He discusses symptoms such as disrupted sleep patterns and overall dissatisfaction with life, emphasizing the need for clarity and peace in financial matters.Establishing Check and Balance: The host discusses the dangers of an "I know it all" mentality, stressing the importance of humility and seeking feedback. He advocates for mentorship and mentee relationships to provide guidance and structure in financial decision-making, aligning actions with biblical teachings.Leading with Faith: Ridgeway draws parallels between diligence and abundance, cautioning against hasty decisions that lead to poverty. He encourages listeners to prioritize faith over finances, seeking guidance from scripture to inform their financial choices and actions.Quotes:"God is not a God of confusion, but of peace. Being confused, frustrated, and scared of your finances is not aligning your goals with biblical principles.""The plans of the diligent lead surely to abundance, but everyone who is hasty comes only to poverty.""Before you make another financial decision, I want you to look at what God says about 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.

“For God so loved the world that He gave His only begotten Son, that whoever believes in Him shall not perish but have everlasting life” John 3:16If you have spent at least one weekend at Vacation Bible School, then you know that scripture like the back of your hand. It is one of the cornerstone scriptures of our faith, and continues to be the beckon of hope for many lost souls. You may not know this but the book of John has 879 total verses, … and our next guest… knows them all.In today’s episode, our next guest will share his story about he built his company that has put him in front of large crowds year after year from a serendipitous meeting of Bruce Kuhn. Stay tuned you don’t want to miss this!Today we will be talking about:How do you read the Bible so you can understand it, apply it, remember it and enjoy it.His 4 Step Process called the Complete Communication System™ to Develop your message and how to be more efficient in your businessConnect with Keith:Ministry: www.keithferrin.comCorporate Messaging: www.iSimplyCommunicate.comRelational Bible Study Course: www.keithferrin.com/rbsSelf-Publishing Coaching Program: www.MyFinishedBook.comConnect With Us:Subscribe to our podcast Financial Advisors Say The Darndest Things https://www.abrwealthmanagement.com/podcastJoin our Newsletter:http://eepurl.com/hnxGcDNeed Help With Your Finances? Schedule A Consultation https://www.abrwealthmanagement.com/consultation

If your child was in their early 20s, recently married, with $8,000 in debt and a husband with $80,000 in student loans, what would you tell them to do? Well, our next guest, Charissa Quade, knows exactly what to tell them, because that 20 year old was her. Our next guest shares with us how she got out of debt and has been spreading the gospel of prosperity and money management for over 18 years to entrepreneurs. Stay tuned. You don’t want to miss this one.

Episode Summary: In this episode of "Financial Advisors Say the Darnedest Things," host AB Ridgeway provides practical tips for navigating the financial challenges of celebrating Independence Day amidst inflation. He emphasizes the importance of being mindful of expenses while still enjoying the holiday festivities.Key Takeaways:Be Frugal Without Sacrificing Fun: AB encourages listeners to be strategic with their spending by utilizing coupons, seeking out sales, and sharing the costs of celebration with friends and family. He emphasizes that financial responsibility doesn't have to mean sacrificing enjoyment.Seek Cost-Effective Alternatives: Rather than splurging on expensive brand-name items, AB suggests considering more affordable alternatives without compromising quality. He highlights the value of store brands and emphasizes the importance of prioritizing savings, especially during times of inflation.Embrace Community Celebrations: AB advocates for communal celebration, where attendees contribute by bringing dishes or beverages to share. By spreading out the costs among participants, everyone can enjoy a fulfilling celebration without breaking the bank.Prioritize Memorable Experiences: While financial prudence is essential, AB reminds listeners that the ultimate goal of any celebration is to create lasting memories with loved ones. He encourages individuals to focus on the joy and connection experienced during the holiday rather than fixating on expenses.Plan for Financial Stability: AB underscores the importance of maintaining financial health beyond the holiday season. He encourages listeners to consider seeking financial advice and planning for future celebrations to ensure long-term financial stability.Quotes:"There is nothing worse than spending money and not getting a good return on investment. Here, the money that you put in is not going to make you more money. It's going to make you more memories.""The goal of this list is not to limit your fun by no means. I want you to have the time of your life. This podcast episode is to limit the amount of money that you spend on the fun.""If you just take a few of these steps, you could potentially have the same amount of fun with less money. So if you can pay $200 for the same memories, for the same fun, for the same family get together instead of $400, wouldn't you do 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.

The Michigan House of Representatives on Tuesday passed HB 5190 by a vote of 94-13. The bill passed the state’s Senate in May with a vote of 35-2. Next, it will be sent to Gov. Gretchen Whitmer for her to sign into law.Her signature will make Michigan the 14th state to mandate personal finance education at the high school level, according to Next Gen Personal Finance’s bill tracker.Episode Summary:In this episode of "Financial Advisors Say the Darnedest Things," host A.B. Ridgway discusses the importance of integrating personal finance education into high school curriculums.Key Takeaways:Urgent Need for Financial Literacy: Ridgway highlights the alarming statistics of consumer debt in America and argues that personal finance education is essential for equipping students with the skills to navigate financial challenges. He emphasizes that the question should not be if personal finance should be taught in schools, but when.Bipartisan Support for Financial Education: The overwhelming bipartisan support for the personal finance mandate in Michigan underscores the recognition of its importance across political divides. Ridgway suggests that prioritizing financial education transcends partisan politics and benefits society as a whole.Collaborative Efforts for Financial Education: Ridgway commends organizations like NextGen Personal Finance for their commitment to providing curriculum resources for schools. He calls upon educators and decision-makers to collaborate in implementing effective financial education programs, emphasizing the collective responsibility in preparing future generations for financial success.Early Intervention is Key: Ridgway stresses the significance of early intervention in teaching financial literacy, suggesting that waiting until college or adulthood may be too late. He advocates for starting financial education as early as elementary school to instill healthy financial habits from a young age.Biblical Principles and Financial Stewardship: Drawing from biblical teachings, Ridgway emphasizes the moral imperative of financial stewardship and responsible money management. He encourages listeners to advocate for financial education as a means of fulfilling biblical principles and ensuring a prosperous future for generations to come.Quotes:"I have never went to the bank, asked for a loan, and they asked me what year did Christopher Columbus discover America?""It takes a country to raise our children.""If we have to give workshops, presentations, invite guests on the show, do webinars, or create supplemental information, we are willing to do whatever it takes for our children."💵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.

What do you do after 20 years of faithful servitude to God through church ministry and God leads you down a different path? How do you balance business and the pursuit of profit with faith? And is the church the only way to do God’s work?He is a retired Pastor of 20 years who just can’t retire. He’s eager to see the family of Jesus actually be the people of God in this world.Upon reflecting on his own need for a daily “shot in the soul” to get his mind aligned with the truth of God, he realized that short daily audio might be a helpful tool for others to use as well. As host of his own podcast Morning Mindset Daily Christian Devotional With Over 71,000 daily downloads I think he was right.Ladies and gentlemen this episode took us nearly 2 months and 2 recording sessions and 3 rescheduled events to make, but by the Grace of God, he made it happen on his time. So I want you to give the biggest hand clap of praise for Carey Green.

The Government is trying to pass the Secure Act 2.0. In an age of political gridlock, one cause is gaining rare bipartisan momentum in Washington: helping Americans save for retirement. This may be one of the first time where the American people win from the passing of legislation.The House of Representative just passed The Securing a Strong Retirement Act, H.R. 2954, also known as the Secure Act 2.0. This act aims to improve the retirement savings systems. Here are a few key takeaways of the proposal:· Required minimum distribution age will increase from 72 up to 75 by year 2032· If you are 62,63,or 64 your catch up provision will raise from $6,500 up to $10,000· Your employer can use your student loan payments as a match so you can pay down debt AND save for retirement!This is a major victory for retirement savers of all ages, and their employers. Here are some break downs for different investors.Key Takeaways:Bipartisan Momentum for Retirement Savings: The Secure Act 2.0 represents a rare instance of bipartisan cooperation in Washington, with both sides recognizing the importance of helping Americans save for retirement. This legislation, if passed, could significantly improve the retirement outlook for individuals across the country.Expanded Retirement Savings Options: The proposed changes include increasing the required minimum distribution age to 75 and raising catch-up contribution limits for older individuals. These adjustments provide greater flexibility and incentives for individuals to bolster their retirement savings.Impact on Student Loan Holders: For young professionals burdened by student loan debt, the act offers a promising opportunity. Employers may soon be able to match student loan payments as contributions to retirement accounts, potentially easing financial burdens and accelerating savings growth.Extended Contribution Limits and Distribution Ages: Pre-retirees and retirees stand to benefit from extended contribution limits and later required minimum distribution ages. These changes offer more time for assets to grow tax-deferred, providing a valuable opportunity for individuals to enhance their retirement nest eggs.Considerations for Paycheck Contributions: While the act may require employers to automatically enroll eligible employees in 401(k) programs, resulting in increased paycheck contributions, Ridgeway emphasizes the long-term benefits of such initiatives for financial security and retirement preparedness.Quotes:"Anything that allows us to pay more money into retirement so we can have more money when we finally leave our job, I am a cheerleader for.""With the potential change, employers will be able to deposit matches into the Roth 401(k), which will provide potentially tax-free distributions during retirement.""Ensuring that American people are saving will alleviate some of the pressure on government benefits in the 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.