Openhanded Wealth

I wasn't exactly trying to win "husband of the year" when I bought my wife a pair of AirPod Pros, but I wasn't expecting a scam. They were fakes. And I felt like an idiot. Why? Loss aversion. The very *real* bias that will cause us to avoid risk altogether because of the sting of past experiences. There's a difference between letting our past informing our future and letting it control our future. Check out today's episode of the One Degree Podcast for more: https://lnkd.in/eEEBDMvT

working *for* God is not the same as walking *with* God. I default to the former. I'm being discipled into the latter -- in life and in business. Check out Phil Vischer's talk on this: https://lnkd.in/evXivv8A

As Christians, we're often encouraged to invest our money wisely and seek financial security. However, in today's world, many of us have lost sight of what it means to truly own and steward God's resources. Let's explore the story behind the S&P 500 stock index and how modern investing has led us astray. We'll discuss the importance of understanding where your money goes and finding trustworthy stewards who share our Biblical values. Part 1: https://lnkd.in/eZ9vS2Jg Part 2: https://lnkd.in/edtgd79g

When you leave a job, it's *usually* a good idea to roll your 401k over (this isn't financial advice - just general education). Today I called Transamerica to begin that process for my own account. Would you believe it took 45 minutes, 3 agents, and 2 phone calls to get that process started? AND I had to verify my identity -- twice! Here's the bottom line: Keeping your financial house in order isn't always easy. Sometimes it's downright confusing. But you don't have to do it alone. At Openhanded Wealth, our goal is to help you get your financial house in order -- and keep it that way.

As a Christian, I have a moral objection to businesses funding or supporting things like abortion, child labor, and alcoholism. But as an investor, I've been told that it's best to just broadly diversify into low-cost ETFs without regard to what the underlying businesses are doing. But what if you could align your investment portfolio with your values -- all without sacrificing diversification, risk reduction, tax-smart techniques, etc.? Listen to today's episode - part 2 in the series. **All opinions and ideas shared here are educational only. This is not financial advice.** https://lnkd.in/g2FWJbzh

Henry Varnum Poor likely had no idea that his pamphlet on railroad company performance in the 1860s would become an index fund that's the cornerstone of modern investing. And I bet he wouldn't have liked it. Do you know what you own? Do you know what the companies you own are doing to make a profit? If you had the choice, would you want to? And what might you do with that information? Yes - I know it's crazy, but I'm inviting you to consider investing differently. Check out today's episode for Part 1 of this discussion.

7 in 10 Americans do not have a will. You don't have to be one of them. Jump on my calendar and let's talk. https://buff.ly/3Y1pwIg

My generation has many wonderful qualities: • general openness to the views / opinions of others • intense interest in continuous improvement But it can turn sour. Doubt and dismissal of "facts" has almost become a millennial membership card. We've been cautioned against settling for the "good" in place of the "best" but fail to realize that life is rarely without nuance. This thinking can paralyze us when making financial decisions: →"I'm scared to lock up money in an IRA/529/401k so I just ...won't" →"What's the *BEST* investment for me?" (Spoiler: there's rarely just one) →"I don't even know if I *want* to retire, why should I save for it?" Optimizing works great on graphs and math problems, but it's harder when trying to decide how much of your income you should save for a future you haven't clearly outlined yet or how to care for aging parents when you know your own retirement savings aren't where they need to be. True financial planning embraces nuance but still gives you best practices to follow and guardrails to keep you on-track. Don't let today's indecision cost you tomorrow's opportunity.

Contentment vs Scarcity →Scarcity closes its hand tightly, saves for no reason, and keeps "just in case". ⭐️Contentment shares, gives, and lends. →Scarcity pulls us away from generosity ⭐️Contentment leans into generosity as the only way to find true life. →Scarcity says, "hurry up and get some before it's gone!" ⭐️Contentment says, "there's plenty - have some of mine." Which defines my thinking about money and life?

Openhanded Wealth is open for business! Stewardship-first financial planning and investing for families, founders, & business owners. I look forward to the opportunity of serving you and your family.