• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Masters Advisors

  • About Us
  • Our Services
  • Blog
  • Client Login
  • Contact Us

The Master’s Minute

Helpful Tools and Tips

Simple… Yet Profound!

July 18, 2023 by Charles D. Keller

“To be smart, spend carefully. To be wise, save regularly. To be genius, give extravagantly.”

– Chip Ingram, Author & Pastor

The quote shown above happens to be one of my all-time favorite quotes. In just a few words, Chip Ingram’s quote captures a formula that should guide us to productive cash management & personal financial planning success. Simple… yet profound! Join me as we take a closer look.

To be smart, spend carefully.

  • A good financial plan starts with controlled spending. Using a budget, spending plan, or simply making sure that we spend less than we earn, is a foundational building block to success in your financial plan.
  • An attitude of delayed gratification may be counter-cultural, but this “lost art” has tremendous value, in financial decisions, and in life!

To be wise, save regularly.

  • Systematic saving & investing, over longer periods of time, creates wealth. It is just that simple!
  • Dollar-cost-averaging investing works great, especially when contributing regularly to one or more of the following: your 401k, company retirement plan, personal IRA accounts, to name a few.
  • This requires discipline, but you should find yourself rewarded & well-positioned financially.

To be genius, give extravagantly.

  • Here is where this quote explodes into something grand & of true, long-term value.
  • What if the end goal of your personal financial planning is not to see “how big of a pile” of resources you can accumulate for yourself? Or, how much one chooses to spend on their lifestyle?
  • Freedom from the clutches of materialism happens when we choose to be generous, impacting ministries & charitable organizations, as well as those we love!
  • Living a lifetime of generosity will bring satisfaction, contentment, and joy! We believe it brings the most successful culmination to your personal financial planning.

Thanks for taking the time to take this “close-up” look at one of my favorite quotes. What elements resonated with you? We would love to hear your thoughts as we read your responses.

Filed Under: Master's Minute

Primary Sidebar

Search Blog

Archives

Footer

Receive Master’s Minute Blog Articles Today

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

480 New Holland Ave
Suite 7201
Lancaster, PA 17602

  • Facebook Link
  • LinkedIn Link

Contact Us
Albridge log in | Client log in

Securities America Form CRS  |  Privacy Policy  |  Important Disclosures  |  Web Accessibility  |  Site Map

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Securities offered through Securities America Inc., member FINRA/SIPC. Master's Advisors is not affiliated with the Securities America companies. Advisory services offered through Securities America Advisors, Inc. This site is published for residents of the United States and is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security or product that may be referenced herein. Persons mentioned on this website may only offer services and transact business and/or respond to inquiries in states or jurisdictions in which they have been properly registered or are exempt from registration. Not all products and services referenced on this site are available in every state, jurisdiction or from every person listed. This communication is strictly intended for individuals residing in the states of CO, DE, FL, IL, IN, KY, MD, ME, NC, NE, NJ, OH, OK, PA, SC, TN, TX, VA, VT, WV, WY. No offers may be made or accepted from any resident outside the specific state(s) referenced. PLEASE NOTE: The information being provided is strictly as a courtesy. When you link to any of the websites provided here, you are leaving this website. We make no representation as to the completeness or accuracy of information provided at these websites. The company is not liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third party technologies, websites, information, and programs made available through this website. When you access one of these websites, you are leaving our website and assume total responsibility and risk for your use of the websites you are linking to. All images and Content Copyright © 2020 Masters Advisors, Inc. Securities America and its representatives do not provide tax or legal advice; therefore it is important to coordinate with your tax or legal advisor regarding your specific situation. Check the background of this firm on FINRA's BrokerCheck.

Copyright © 2023 Master’s Advisors. All Rights Reserved. Designed by TinyFrog Technologies.