Tag: financial
These 8 Questions are at the Heart of a Solid Financial Plan
Posted on December 4, 2019 in Family, Money by Nathan Cherry
Being able to answer a few questions can make the difference between a confident financial future and a disaster waiting to happen. Don’t wait for an emergency to begin protecting yourself and your family. If you can’t answer these 8 questions, it’s time to consult a financial professional today.
The Currency of Priorities: How Knowing What We Value Can Lead to Wealth
Posted on November 20, 2019 in Money by Nathan Cherry
It’s a mistake to think that wealth is nothing more than the sum of our accumulated assets. Wealth can be found in many forms. The currencies of contentment, self-control, patience, and priorities can not only help us accumulate material wealth, they can help us to become wealthy human beings. The kind of people that we all want to know.
The Currency of Patience: A Commodity in a “Amazon Prime” Culture
Posted on November 13, 2019 in Money by Nathan Cherry
A lack of patience is perhaps one of the most common factors in an unhealthy personal and financial position. Whether its impulse buying, spending more than we make, carrying high levels of debt, or all of the above. Lacking patience will never help advance our goals and contribute to our personal or financial success.
The Currency of Self-Control: How Saying No Can Lead to Financial Growth
Posted on November 6, 2019 in Money by Nathan Cherry
Self-control is the ability to restrain ourselves from making poor decisions simply for a temporary happiness high. It’s reported that
The Currency of Contentment: How Avoiding Happiness Can Impact Your Financial Position
Posted on October 30, 2019 in Money by Nathan Cherry
If you learn to manage this special “currency” well, it will help you to avoid financial ruin. In the public
These Unusual “Currencies” Can Create Tremendous Wealth
Posted on October 22, 2019 in Money by Nathan Cherry
I work in an industry where currency is central. Whether we are speaking of domestic fiat currency, foreign fiat currency,
Americans are Financially Illiterate – and Maybe Insane
Posted on March 27, 2018 in Money by Nathan Cherry
But financial literacy is more than just knowing the tools and resources needed to be financially successful. Financial literacy includes understanding the “why” behind the financial goal. A writer for Bloomberg Finance recently told Financial Advisor IQ “Once you know why to do it there are resources that will show you how.” Maybe the “why” is more important than the “how.”
For example, accumulating funds that will be tax-free in retirement is a great idea. But the average American is not likely to put much priority on this without knowing why it’s important.
From One Pastor to Another: Don’t Wait to Get Your Financial House in Order
Posted on February 27, 2018 in Money, Theology by Nathan Cherry
I recently learned of a pastor that retired from ministry and told his wife they had enough money for 7-8 years. He then got brain cancer and died shortly after retiring, leaving his wife with medical bills and financial concerns. What could he have done differently? Who could he have asked for guidance to avoid this scenario?
I get the impression that many pastors think they don’t have enough money to work with a financial professional.
Forget Bitcoin – Blockchain is the Real Value in Cryptocurrencies
Posted on February 7, 2018 in Money by Nathan Cherry
In the current system, if you wanted to wire money to a relative overseas, you go to the bank (during banking hours), and use the banks wire service to send the funds. It will cost you a nice little fee, and take a couple of days for the funds to be sent as the bank verifies the funds transfer. This current system, essentially, makes you pay for the use of a middle man to transfer your funds. Additionally, you are trusting a third party to act in your best interest rather than conducting business solely between you and your relative. And really, you are just paying (and waiting) for a bank employee to make an entry in a ledger.