If you have been shopping lately or following the financial headlines, the story of the day continues to be the inflationary pressures on the U.S. economy. November’s inflation increase, known as “Headline CPI” came in at 6.9% year-over-year, which is the highest reading since 1982. Supply and demand pressures, consumer spending, and a job environment where there are more jobs available than workers to fill them are all factors contributing… Read More
The Master’s Minute – Guidelines for Goal-Setting
It is hard to believe that it is the middle of December already. Pretty soon, we will turn the page on 2021. Think back to the beginning of this year with me: did you have anything you wanted to accomplish in 2021? If you answered in the affirmative, were you successful in achieving your goal? As we prepare to enter 2022, here is some advice related to setting goals: Be… Read More
The Master’s Minute – Savings, Spending, and Giving
Here we are in the final month of the year! This is typically a busy time of year for most all of us. We certainly hope you are taking the time to enjoy meaningful Christmas gatherings and year-end celebrations with friends and family. As we approach year-end, it is an opportune time to evaluate three key financial categories: Savings – Make sure you are maximizing all the savings vehicles available… Read More
The Business of Money – Business Succession Planning – Garry’s Path to Succession
The Master’s Minute – Systematize Your Giving
In this blog series on generosity, we have discussed the heart behind stewardship, the ways generosity benefits our health, and were challenged to live with a heart of gratitude. As we wrap this series up, I am encouraging you to think about how you can be generous in a practical way; by using a giving ‘system’. Once we have established our desire to be generous, we next need to devise… Read More
The Master’s Minute – The Practice of Being Thankful
My wife and I have three children, ages 4, 3 and 1. Around this time of year, we start to receive catalogs in the mail filled with pictures of various toys. My children enjoy looking through the catalog at the pictures of the toys, pointing out the ones that stand out to them. These catalogs serve as a reminder that we live in a society that leans heavily towards consumerism,… Read More
The Master’s Minute – Additional Benefits of Practicing Generosity
We have decided to surround the Thanksgiving Holiday with a blog post series focused on stewardship and generosity. Last week Charlie kicked off the series and mentioned that generous people experience greater contentment and joy in their lives. Today, I am going to dig a little deeper into the research-based benefits of generosity. When we genuinely do something nice for someone else, we typically come away from that experience feeling… Read More
The Business of Money – Business Succession Planning – Roger’s Path to Succession
The Master’s Minute – Stewardship & Generosity
Today’s blog is the first of a short series focusing on stewardship and generosity. The two featured topics are so fundamental to how we view financial planning at Master’s Advisors. Maybe it’s possible to do adequate financial planning without considering stewardship and generosity; but it will surely pale in comparison to planning that is centered on these two vital beliefs. We are passionate about incorporating both into your personal financial… Read More