Where to get financial advice
I recently saw a social media post about being sure you have beneficiaries set up on your accounts. My first thought was - that is really good advice, but it is not quite 'complete.' My next thought was - how many people...Read More
Twas the glut after Christmas...
Watching Christmas come and go can be a tricky thing emotionally. Some people experience 2 or 3 or 5 different family Christmas celebrations, plus work gatherings, church events, school programs, and more. There is a LOT of momentum...Read More
Budgeting: What Works for You?
If you have ever gone on a diet, you know that you must create a plan that is sustainable for you. Otherwise, you will lose 5 lbs. in the first week and gain 10 back the next. This same concept is true for budgeting...Read More
Are there opportunities you are missing?
It won't be long and 2022 will come to a close. All of our income for the year will be earned. All of the expenses will be paid. There won't be many options or opportunities to change how our 2022 tax return will play out....Read More
Be the change - be changed!
I have been on several mission trips in my life - to the Dominican Republic as a teenager, to Romania to teach English at a church camp, to Alaska to help and serve in practical ways at a Bible Camp, and recently to Jamaica. The trip...Read More
Life Insurance Matters
Regardless of the type of life insurance you buy, it can be very helpful in the long run.Young adult—life insurance can help take care of burial expenses OR pay off debts that you’ve incurred. Life insurance is least...Read More
Talking to a Mechanic
When I talk to a mechanic, I am always amazed at what they know and how quickly they access that knowledge and act on it. I’m not a “car person” and there are many reasons I say that. I haven’t...Read More
Taxes & Investing
Investing is a rewarding and necessary component of your financial plan. Unfortunately, the cost of taxes is also a necessary component of your financial plan. Paying taxes is not, from my perspective, the most exciting part of...Read More
Young families: Consider cutting back on discretionary spending, such as subscriptions, eating out, and travel. Network with friends for date nights (exchange babysitting, cook meals for each other, etc.) Up your...Read More
In Case I Die - Who Helps Execute my Wishes?
WHO HELPS EXECUTE MY WISHES? When you plan ahead for your inevitable death, you have much more say in how your affairs are handled after death. This isn’t selfish — it is prudent. You can choose an executor...Read More
In Case I Die - What Legal Documents should I have prepared?
WHAT LEGAL DOCUMENTS SHOULD I HAVE PREPARED? Will or trust. Please be sure that you understand what you are signing and why. This isn’t a cookie-cutter decision! There are a lot of Medicaid-avoidance trusts being...Read More
In Case I Die - What about long-term care?
WHAT ABOUT NURSING HOMES AND LONG-TERM CARE? According to Dept of Health and Human Services at www.aspe.hhs.gov 23 percent of those who die between ages 65 and 74 receive any paid long-term care and only 9 percent receive long-term...Read More
In Case I Die - What are some practical steps to take?
WHAT ARE SOME PRACTICAL STEPS TO TAKE? Some practical ways to help your family face the inevitability of your death include: Downsizing, Getting all of your paperwork and information together in one, easy to access...Read More
In Case I Die - Planning...why does it matter?
As you age and approach death, it is important to clearly communicate to your spouse, your children, or other heirs. They need to know what assets you have, how they are set up, whether they are tax-qualified or have already had...Read More
In Case I Die - Who handles my financial details?
As most of us travel through life, we utilize experts to help with various aspects of life. A car mechanic, an attorney, a financial adviser, an appliance repairman, etc. In the financial realm, the list of experts often...Read More
In Case I Die - What can I do to prepare?
There are things you can do to make the transfer of assets easier. It is important to have up-to-date beneficiaries on all investment accounts. You can put transfer-on-death (TOD) or payable-on-death (POD) designations on...Read More
In Case I Die - How much does life insurance help my family
There are many different kinds of life insurance and they serve different purposes. Term life insurance (cheaper insurance that usually only lasts for a specific period of time) is an inexpensive way to protect your family when...Read More
Tax Burden or Blessing?
We probably all hate paying Federal income tax. We think about government waste, misuse of funds, what are (and are not) the constitutionally acceptable roles for the Federal government, and a hundred other things. We also...Read More
Retirement - A Multi-pronged approach
“I’m going to retire in two months, Mr Adviser. This is your chance to be a miracle worker!” HA! Most of us know it doesn’t exactly work like that...Read More
Changes are on the horizon for the tax code. What could be changing?1) Long-term capital gains may soon be taxed as ordinary income. When that happens, the gains you experience in your non-retirement accounts will be...Read More
Minors as Beneficiaries
You may have considered putting your child or grandchild as a beneficiary on life insurance, bank accounts, retirement accounts, or other investing accounts. But if they are under the age of 18 this can cause unintended problems....Read More
What you don't know CAN hurt you
It can be hard to step into the “unknown” and call a financial adviser. Allow us to answer a few of these objections! 1) I don’t know what you’ll expect from me or if you will be too pushy. You...Read More
Donor Advised Funds DAFs
A donor advised fund (DAF) is a way for individuals with high incomes to give charitably, manage their overall tax strategy, and make planned gifts. You may think:I’m not a high-income earner!The truth is—while it is...Read More
BRI?? SRI?? What is Impact Investing?
BRI is Biblically Responsible Investing, a means of screening your investments to know whether the underlying companies and funds are voluntarily supporting things such as abortion, pornography, anti-family lifestyles, gambling, or...Read More
Consider for a moment driving down the interstate, focused on your destination. You begin to see signs indicating that the highway is narrowing: “Right lane closed ahead,” red barrels, flashing arrows. Change is...Read More
“Our bedroom wall tore away!” described Richard Goodis, a victim of California’s Northridge earthquake. “It felt like a jackhammer was going at it. I was looking at the ceiling one moment, then I was...Read More
Life Insurance - is it worth the cost?
Is Life Insurance worth the cost? Ultimately, that all depends on the situation. No one person’s scenario is the same as another’s. Writing off life insurance as an unnecessary cost is a bold statement with potentially...Read More
Are You Wondering about your Financial Future?
What does security mean to you? For many of our clients, security is found in the person of Jesus Christ. Hebrews 6:18b-20a reminds us “Therefore, we who have fled to him for refuge can have great confidence as we hold to...Read More
Are you a small business owner? Do you want to help your employees prepare for retirement while realizing tax benefits in the process? You might want to consider starting a SIMPLE IRA. A SIMPLE (Savings Incentive Match Plan for...Read More
4 Ways to Beat an Economic Downturn
There are many ways to beat an economic downturn. Check out some of these quick suggestions to help ease the pressure.Read More
Planning in Everything
“Plans are worthless, but planning is everything.”1 This iconic, and ironic, quote was from one of the very few 5-Star Generals in U.S. history, Dwight D. Eisenhower. It has been nearly four decades since the U.S. has had...Read More
Choosing Investments in your 401k
How do you choose investments in your 401k? Which investments meet your goals and needs? Most people are unsure which investments to pick inside their 401k. 401k plans usually offer a variety of mutual funds ranging from...Read More
Who should I turn to for estate planning help?
If you know that dying today would leave confusion or stress for your family members, you might be wondering who can help you. Do you need an attorney to write a will, do you go to the estate planning seminar you saw an ad for...Read More
Many people have likened the role of financial adviser to that of a quarterback. What is the significance of considering us your financial quarterback? There are many!Read More
Thinking “Tax Efficiency” all year round
For many people, ‘tax season’ is over and tax details are no longer front of mind. Perhaps you’ll start thinking about taxes toward the end of this year, or, at the beginning of April next year. I hope for your sake...Read More
Building Your Financial Dream Team
Do you have a 401k plan through work?
Does your employer offer a 401(k) plan as a benefit? If you answered yes, then this blog post is for you! There are a few important questions you should consider to make the most of your 401(k).Read More
Come As You Are
At Faith Investment Services, you can “come as you are.” We welcome conversations with people in all phases of life. We have a wide range of clients from experienced investors to clients who are just learning about investing.Read More
Graduation Gifts & Ideas
Enjoy this opportunity to encourage and be a light to the graduates in your life!Read More
Jump in - the water is fine!
The best way to start investing is - to start. Let us help you, whether it is baby steps or a full-on deep dive!Read More
Giving it a voice
“Remember, the enemy builds strongholds in secrecy and enforces them by silence. Break the silence and you will break the stronghold.” - Donald A Lichi, PhD. It is amazing how accurately this pertains to finances.Read More