Before starting our family-focused business, I worked for 12 years as a private wealth manager.  This section will help deal with a wide-range of topics and issues that can help families thrive in this critical area.

4 10, 2017

Investing or Gambling?

By | 2017-10-04T08:42:39+00:00 October 4th, 2017|Finances & Money|0 Comments

Investing or Gambling?  This isn’t an either/or question for you.  It’s a question about which of these money management approaches you use when it comes to how you invest your money.  For many people, it’s more of a both/and approach. You see, for many people, putting money into retirement accounts, 401ks, IRAs, or anything similar is like an investment and a trip to the casino all at the same time.  It feels like investing to them, but the way that they think of money and what they understand about what they’re doing is a lot more like gambling. The average investor simply doesn’t understand the rules of the game and their main approach is to rely heavily on “hope” or “good luck” to win in the end. After a decade of working in this industry (I am retired now), I can tell you that this is not a compliment, nor a good thing. So here’s how you can make sure that you’re doing it right. […]

20 09, 2017

Long Term Care Insurance

By | 2017-09-21T09:49:28+00:00 September 20th, 2017|Finances & Money|0 Comments

When I worked as a private wealth manager, I’d have my fair share of conversations about Long Term Care insurance.  But there always seemed to be more questions than answers.  The two most common being, what is long term care insurance and should I have it? Let’s start with the first question:  What is Long Term Care Insurance? (LTC) LTC is insurance that you can buy to help offset or cover the costs associated with a long-term illness or disability.  If you are in a position of need, the insurance can help you to pay the monthly costs associated with your care. For example, if you have a disability that requires 24-hour care at a facility or in your home, you will likely need the specialized care of nurses or professionals.  If this is the case, the LTC can help cover the costs.  As you can imagine, the cost for this can be extremely high!  Costs vary based on needs and the state that you live in.  But according to a Consumers Report on this topic, assisted living (in a facility with a private room) may cost between $2,400-$5,700 per month.  Nursing home care can range between $4,400-$9,400 per month. With this being true, you can see why the conversation about LTC is an important one. Which leads to question #2:  Do I need it? […]

21 08, 2017

Settling for Status Quo: How To Avoid Sheepwalking Through Life

By | 2017-08-21T08:40:39+00:00 August 21st, 2017|Business Principles & Best Practices, Finances & Money|0 Comments

Settling for work that you hate to do is hard on your life.  Take my dad, for example.  My dad is a very hard worker. He provided a great life for me and my family.  But he really didn’t enjoy his job.  He once described working in the automotive industry as, “mind-numbing” and saw his work as simply a means to “pay the bills and put food on the table”. He punched in, punched out, and wanted more from life but didn’t see how it would be possible with five of us crumb-snatchers at home to feed. I think he often felt stuck.  If he could go back and do it all again, I think that he would. In Seth Godin’s book, Tribes (which I highly recommend you read), he gives a definition of a person who feels like my dad once did.  I think you will recognize it and may even relate yourself.  He calls these people “sheepwalkers”. Read this definition carefully and see if this could be you or maybe someone you know. […]

10 04, 2017

Setting Your Sail for Success

By | 2017-07-31T17:51:50+00:00 April 10th, 2017|Finances & Money|0 Comments

As a man thinks in his heart…so he is! – Proverbs 23:7 Have you ever considered the fact that thoughts are not neutral?  They are manifested in our lives in so many different ways.  Why?  Because, as we think in our hearts – so we are! If that’s true…then what have your thoughts turned you into? What thoughts consume you right now? What keeps you up at night? These thoughts become the essence of the lives we live.  Take this scenario as an example. Two children grow up in the same home.  They are poor and struggle to make it from day to day.  One of them focuses his thoughts and energy on how miserable his circumstances are.  The other on rising above and making a better life for him and his family.  Fast forward twenty years.  How do you think their lives turned out? The illustration is, I hope, obvious.  If we are the essence of the thoughts we allow, then one kid made it out and rose above his circumstances while the other kid remained stuck. In order for us to keep from getting stuck, or to get out of it when we are, we must learn to set our sails for success.  Here’s what I mean. […]

13 02, 2017

Dealing With Financial Pressure

By | 2017-07-31T18:19:51+00:00 February 13th, 2017|Finances & Money|0 Comments

Families are under pressure in so many ways today.  That is not breaking news, I know.  It also comes as no surprise that for many people, the biggest issue bringing pressure to their home is in the area of personal finance.  Paying bills, saving for retirement, giving and being generous, have extra money for vacations and hobbies, paying for sports and attending children’s activities, and a host of other issues are causing many marriages to crumble under the weight of it all. Growing up, I knew that money was always “tight”.  You could feel the pressure mount each month.  Although my parents were always hustling and trying to make ends meet, they did a great job at not making us feel as if it were an issue for us kids to worry about.  But there was no hiding that it was a worry for them.  My parents were (and still are) extremely hard workers.  But that was about all of the training they had given us when it came to handling personal finances.  Their basic philosophy, at least from my perspective, was to work hard and pray harder!  So my background and understanding of how to handle money or how to communicate about it once I got married was basically what I saw growing up:  work and pray!  That was it.  While I am not bashing that idea or downplaying either aspect, I found out that there were other ways to handle money and order your personal finances. […]

30 01, 2017

How ONE Thing Can Change EVERYTHING!

By | 2017-06-17T20:58:53+00:00 January 30th, 2017|Finances & Money|0 Comments

What’s the ONE thing that will move you in the direction of your goals today?  If your inclination is to say, “I’m going to do LOTS of things today to help me do that!” then you’re probably unaware of the power of focusing on the few.  For most of us, focus is what we are often lacking the most.   In fact, even using the word “few” may be a few too many!  Let me explain.  Years ago (1906 to be exact), an Italian economist named Vilfredo Pareto came up with a concept that you’ve probably heard of.  Not surprisingly, this principle is known as the “Pareto Principle” (although you’ve probably heard of it as the 80/20 Rule).  Here’s what it states: “80% of the output in a situation is derived by 20% of the input”. What Pareto found was that 80% of the wealth in Italy was in the hands of about 20% of the people.  As word of Pareto’s Principle spread, other people began to notice that the same principle was at work in other areas of life and business as well. So what does this have to do with you?  Everything! Here’s why.  […]

19 09, 2016

4 Ways To Master Your Habits

By | 2016-09-19T14:56:38+00:00 September 19th, 2016|Finances & Money|0 Comments

Habits are hard to make.  They’re also hard to break.  Think about new year’s resolutions, for example.  They can be so frustrating, right?  In many of my presentations, I will often ask if anyone in the audience even still does them?  Would you be surprised to hear that the answer is almost always “No!”?  Of course you’re not surprised!  You probably don’t either. But this is no excuse to not set resolutions or create healthy and helpful habits.  So let’s look at what works and what doesn’t. […]

15 08, 2016

32 Of My Favorite Business Books Guaranteed To Help You Go Further, Faster!

By | 2016-09-05T19:41:22+00:00 August 15th, 2016|Finances & Money|0 Comments

When I was a kid, my dad used to tell me 2 things:  1.  Readers are leaders.  2.  “Someday, when I die, you’ll get my inheritance.” (then he’d point at his book collection and laugh and tell me he had no money so the books would have to do.)  I would roll my eyes and think about how terrible of an inheritance that would be!  What a rip off! Today, I see what he’s saying.  Thanks dad! As business owners and entrepreneurs, you can only go as far as you grow.  So what’s the best (and quickest) way to grow?  Hang out and spend time with the best leaders and business minds out there!  As Jim Rohn has said, “If you want things to change, YOU must change.” This is where change begins. Here are 32 of my favorite books (so far) that will change your life.  Think that sounds too lofty?  Read them first and then let me know if I was wrong.  If they don’t change your life, I’ll see if Amazon will refund you.  […]

12 07, 2016


By | 2016-09-05T19:20:35+00:00 July 12th, 2016|Finances & Money|2 Comments

Have you ever had an “A-ha” moment?  You know, that moment in time where everything stops, becomes crystal clear and seems to illuminate an answer or a way forward.  It is in moments like these that the course or direction of our lives seems to shift and take on new meaning or purpose.  For many people, A-ha moments are a turning point in their life.  My wife had one of those moments – and it changed everything for us. I mentioned in my first post, that this verse from The Greatest Book of All Time sparked something in my wife, Sarah, at a church service one Sunday morning.  Our pastor was teaching and shared this verse:  “It is for freedom that Christ has set us free. Stand firm, then, and do not let yourselves be burdened again by a yoke of slavery.”  We were talking later that evening about the service and she was telling me about how this verse sparked something in her.  She was so excited – as if she’d discovered a hidden treasure.  Indeed, she had!  We talked about all of the ways that this verse impacts our lives and how it translates to our business and we knew that this would be the foundation for our new work-from-home, part-time business.  It would be from this platform, that we would speak into the lives of those who would trust us and follow us forward. Here are some of the things that we discovered as we dug deeper into this truth: […]

6 07, 2016

How much do you get paid per hour?

By | 2016-09-05T19:03:41+00:00 July 6th, 2016|Finances & Money|0 Comments

Here’s how most conversations go when you meet someone new: “Hi!  So nice to meet you.  So… what do you do for a living?”  (0ther person) “I work at (__fill in the blank__).  Its not bad.  I like it okay.  Its not a dream job, but I make $_____/hour.  So that’s not bad.” You’ve been in that conversation before, right?  The famous greeting we all share where you state your name and tell what you do and then go on to explain that it isn’t all that exciting but (as if you didn’t know this next part) “its just a job.” And there’s the problem.  Did you catch it? […]