There are many charitable gifting techniques with varying degrees of complications, but you may be able to provide a relatively large sum of money to your Church utilizing life insurance for leverage. I will start with the two easiest examples, and then if there is an interest I can get a bit more advanced.
Doesn't it seem like folks love to take risks when markets are booming, but absolutely hate it when markets stink? A question I often get is, "What kind of investment will give me good returns without the risk of losing my money!?" Well, when you find something like that let me know! So let's take a look at three main components in deteri […]
Have you overdrawn your checking account before? You log into your checking account online and see big red numbers with a negative sign. It’s your account balance and you’ve overdrawn! But you’re a good money manager, right? You have your finances in order. How could this have happened? No one really wants to be in this particular situation, especially, sinc […]
If you're a Christian, you can't help but read the Bible and be overwhelmed by God's concern for the poor, weak and marginalized in society. He tells us to be concerned for the widow and the orphan. Jesus himself said in Matthew 25 that, "As you did to one of the least of these, you did to me" meaning that if we gave food to the hung […]
I talk with hundreds of people each week. Yet few are living their ideal life. Few people inspire me. I see a lot of people going through the motions - living for the moment yet no passion, no purpose, and no plan. I hear a lot of negativity, a ton of excuses, and a whole lot of reasons why it's too difficult to succeed financially. God wired each of us […]
IRS tax regulations allow you to donate stocks and mutual funds to non-profit organizations. Understanding a few tax implications regarding your contribution will help add value to your donation. However, many people think that donating the stock and selling the stock to give the money to a charity yields the exact same results. However, by donating the stoc […]
A woman named Grace Groner recently passed away at age 100 and she willed her estate to Lake Forest College - which ended up being $7 million dollars. She worked for Abbott Labs for 43 years and wasn't the president of the company as one might expect from her estate, but rather the president's secretary. According to the article...
According to the National Directory of Marriage and Family Counseling, the divorce rate in America has hovered around 50% since the mid 80’s, but premarital counseling reduces that number by 30%. And since money and money fights are one of the top reasons for divorce, financial premarital counseling is crucial for a solid marriage. Do you know ANYONE who is […]
Written more than five decades ago, Norman Vincent Peale’s book The Power of Positive Thinking contains wisdom that can still be applied in our lives today. The book contains many stories and illustrations of how people’s lives dramatically improved after they changed their way of thinking. Rather than giving in to the struggles in life, these people overcam […]
When it comes to money, investment plays an integral part. People are now getting inclined towards investments driven by their personal values and this summarizes SRI. SRI was more a movement that can be traced back to the 1970s. In 1980s SRI mutual funds started screening firms focusing on environmental policies and many other social issues...