(#188) What Your Income Says About You As A Christian Investor and How To Stabilize It
Manage episode 401685852 series 3320629
When we are creating a retirement plan, we have to be very realistic with the numbers that we input. Because these numbers are correlated in many ways.
Your income is going to determine how much you can spend, it is going to determine how much money you can be loaned for things like houses and cars, and it is going to determine how likely it is that you won’t run out of money in retirement.
It feels like taboo to discuss your income. But why is that brothers and sisters? Because as a society, we have equated how much we make to the amount of VALUE we bring to society.
We think the person who makes $1,000,000 a year is more important than the person who makes $75k per year.
In this episode, we talk about what stage you are in: Growth, Maintenance, or Preservation, and how you can stabilize it to create more accurate financial plans.
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