Wealth Talks

Prior to moving from Nevada to Indiana we took a life insurance policy loan and let that money sit in our checking account because we expected to have some "unexpected" moving expenses. The money sitting in our checking account was our cash cushion.

We talk about the "unexpected" expenses that arose 02:34 Video footage of our moving caravan How we paid for those unexpected expenses to recover our capital sooner The best place to keep a cash cushion How to build a cash cushion and How to replenish a cash cushion

Moving is one scenario that illustrates the importance of having a cash cushion but there are other scenarios where having a cash cushion gives you freedom, and peace of mind. What scenario can you think of where it would be helpful to have a cash cushion?

Resources For you: The Wise Man Foolish Man card game, buy it here: https://amzn.to/41iOTGE

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Recessions occur throughout history fairly regularly. Governments often attempt to prevent them from happening, and while these efforts may temporarily delay a recession, they can't prevent one. Since we can expect to see multiple recessions throughout our lifetime, it's wise to be prepared. In today's episode, find three things you can do to prepare for the next recession.

Resources:

Wise Man Foolish Man Card Game – Amazon.com

A Biblical Guide to Personal Finance

Many people want to accomplish more than the status quo in life, and they see money as a means to the end. Money is an important tool, but sadly, some pursue money without a basic understanding of how it works and what it can and cannot do. These people often end up hurting themselves instead of making their lives better.

Resources: A Biblical Guide to Personal Finance

Scare tactics are often used to coerce others into taking a desired action. These tactics attack the victim emotionally, causing them to react very differently than they might if they logically analyzed the situation. A critical first step to surviving financially is being able to think through and around scare tactics. This podcast will help you prepare mentally, so you can avoid becoming a victim. Listen Now.

Resources: A Biblical Guide to Personal Finance

Remember the old saw "Never judge a book by it's cover"? This proverb cautions against making judgments based only upon outward appearances. Appearances can be a good indication, but basing a decision solely upon them can lead to serious consequences. In today's episode, find out how appearances did us in... or was it interstate 40? You decide.

Resources: A Biblical Guide to Personal Finance

Remember the old saw "Never judge a book by it's cover"? This proverb cautions against making judgments based only upon outward appearances. Appearances can be a good indication, but basing a decision solely upon them can lead to serious consequences. In today's episode, find out how appearances did us in... or was it interstate 40? You decide.

Resources: A Biblical Guide to Personal Finance

Remember the old saw "Never judge a book by it's cover"? This proverb cautions against making judgments based only upon outward appearances. Appearances can be a good indication, but basing a decision solely upon them can lead to serious consequences. In today's episode, find out how appearances did us in... or was it interstate 40? You decide.

Resources: A Biblical Guide to Personal Finance

Many Americans are living paycheck to paycheck, but times are not getting any easier financially, so it's time to break this cycle now because it will only get more painful to do it later.

We know people who are living paycheck to paycheck whether they make a low income or hundreds of thousands every year. The size of your income doesn't always matter, but financial principles always do. Sometimes you can cut expenses, and other times you can think more creatively about additional income too.

Many times, you just have to step away from all of life's craziness, get in a corner by yourself with pad of paper and THINK about where you are, where you really want to go and how you can make adjustments to get there.

A Biblical Guide to Personal Finance has additional tips and principal about financial stewardship which will help you on your journey to financial stability and success.

You can order a copy of the book Biblical Guide to Personal Finance Here

A lot of people are living alone and whether they realize it or not, living alone has a cost. This isn't just regarding whether you are married or single, some people are financially all alone. Banding together with a group of like-minded individuals can help you big time financially. Don't go alone! Listen to this episode of Wealth Talks.

Regardless of what the government or media might claim, for many Americans, life is getting worse.

As government overreach continues to destroy the private market, things are becoming more expensive and even unavailable.

In this episode, find out what happened to insurance in California and discover a way you could save big with an alternative solution to health insurance.