Tag: Financial Stewardship
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Playing the Long Game
Hey Christian fathers! I know that you have numerous responsibilities and concerns as you navigate the complex world of managing finances for your family. Today, I want to remind you of an important quote from Warren Buffet: “If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for…
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4 Essential Stock Metrics
If you’re venturing beyond the realm of index funds and embracing a bit of risk with individual stocks, there are four crucial numbers I strongly advise delving into before making any purchase. Although stocks inherently come with unpredictability and risks, dedicating some time to research these four key metrics beforehand can significantly enhance your chances…
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The Million Dollar Mistake
Unraveling the True Cost of Procrastinating on Your Retirement Savings I often find myself in conversations with bright-eyed professionals and families just stepping into the game of life. You know, that classic scenario where the present seems too demanding to allow even a single dollar to escape into the abyss of a retirement fund. It’s…
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A Divided House
Right now our country is on the brink of a shutdown because the House and Senate can’t agree on a budget. Aa a result of having competing spending priorities, millions of Americans will probably be affected. This same thing can also happen in our own homes if we are not unified. One way to foster…
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5 Financial Mistakes Recent Grads Make
We’re not even talking about the student loans you’ve already incurred during your schooling. Here are five financial mistakes recent graduates often make when they finally land that first job. Yes, it’s exciting to earn your own money, but don’t let it put you in financial trouble right out of the gate. And if you…
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Maximize Your Savings
If you find yourself currently holding onto some cash, whether it’s tucked away in your savings, brokerage, or retirement accounts, it’s time you consider a simple move. Many banks and brokerage firms are now offering enticing interest rates ranging from 4% to 5%. You will be surprised how many people are sitting on cash reserves…
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Protect Your Family With Term Insurance
In the Bible, there is a powerful passage in Proverbs 13:22 that says, “A good man leaves an inheritance to his children’s children.” Leaving an inheritance just for your children alone is a challenging task, but an important responsibility as a father. However, when you are a young family just getting started, it can be…
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Seeking Counsel
This past week I had a conversation with a father who a year ago was enthusiastic about investing in the stock market but now has quit on investing because of losses he accrued. Unfortunately, he started investing at the height of 2021 and then sold during the lows of 2022. Perhaps he would have been…
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5 Ways to Save Money Now!
According to the Bureau of Labor Statistics, the average American spends $5,577 a month on expenses. That is a staggering $69,324 a year, and that is without taxes calculated into the equation. Let’s collectively lower this average as Christian fathers and figure out small changes that can bring that amount down. No matter your financial…
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Stay Encouraged
As Christian fathers, we may sometimes feel discouraged when faced with financial limitations. Even if you started with little money and resources, take heart knowing that God can use what He has entrusted to you for financial multiplication. Whether you choose to grow your financial position through stocks, real estate, crypto, a small business or…
Faith, Finance & Fatherhood 