The Money Knight

Ep 84: Reaching Financial Contentment with Ron Blue

Rob Blue and Kingdom Financial Advisors are not affiliated with CWM, LLC, and opinionsexpressed may not be representative of CWM, LLC.
We talk about the idea of financial freedom all the time on this show but maybe we should belooking at it through a slightly different lens. As today’s guest points out, financial freedomisn’t something you can feel. What we really should strive to achieve is financialcontentment.
Ron Blue is the founder of Kingdom Advisors and we’re excited to welcome him onto theshow to talk about this idea of becoming financially content. It’s a guiding principle he’sfollowed throughout his personal and professional life, and we want to learn more about hisphilosophy on money and the role it plays in our faith. We also explore the importance ofgiving and why people aren’t inclined to give more despite their beliefs.
 
Here’s some of what you’ll learn in this episode:
What does it mean to have true financial freedom?(1:18)
What are the principles that may help you become financially free? (4:05)
Giving and the spiritual transformation. (8:58)
When you can answer the question, ‘How much is enough?’ it frees you up to give aboveand beyond. (14:22)
How do we work through the obstacles that prevent us from giving more? (19:25)
 
Learn more about our guest: https://www.ronblue.com/
Get in touch with Chessman Wealth: https://www.chessmanwealth.com/ 

Ep 83: At the Intersection of Faith & Finance with Rob West

Rob West and Kingdom Financial Advisors are not affiliated with CWM, LLC, and opinions expressed may not be representative of CWM, LLC.
Money and faith are often more aligned than we think, and that’s led more and more people to search for financial guidance that aligns with their beliefs and helps to marry those two important aspects of life.
That’s why being a Certified Kingdom Advisor has always been a designation that Wade holds in high regard and why we make that a central focus on the podcast. We’re going even deeper into that conversation by welcoming on Rob West, CEO of Kingdom Advisors. It’s a conversation we’re excited to share because it will provide a deeper understanding of the goals and mission for Kingdom Advisors.
Financial professionals sit in an incredibly leveraged position in the life of the clients because money conversations are hard conversations. That’s another reason why we feel so passionate about this approach to planning and hope to give you more insight into that process on this episode.
Here’s some of what you’ll learn in this episode:
Rob’s history with Kingdom Advisors and the role they play with clients. (1:18)
Who created the idea of a Kingdom Advisor and what it takes to achieve the designation. (4:48)
More and more people are seeking out this financial advice tied to faith. (6:53)
Why the change from MoneyWise to FaithFi? (10:35)
Why you need to give every dollar an aim. (14:26)
What are the top issues and questions is he getting on his radio show? (18:52)
 
Learn more about our guest: https://kingdomadvisors.com/resources/speaker/37
 
Get in touch with Chessman Wealth here: https://www.chessmanwealth.com/podcast/ 

Ep 82: How Bonds Work - What Retirees Need To Know

Too many folks misunderstand bonds, how they work, and what role they play in a proper financial plan. We’ll address some of those bond related issues on today’s show.
 
Here’s some of what you’ll learn in this episode:
What is a bond? (2:24)
The difference between owning a bond vs a bond fund. (4:36)
What is the relationship between interest rates and bond values? (8:46)
Can you consider bonds to be a safe part of your portfolio? (12:17)
You need to understand the risk that bonds hold before you invest. (13:50)
 
For more, visit us online: https://www.chessmanwealth.com/ 

Ep 81: Contribution Limit Changes for 2023

Inflation continues to be a big story. In 2022, it went through the roof- we were told it would be transitory, but that ship has sailed.
Though gas prices are down slightly, they are still significantly higher than they were a few years ago. In this episode, we will discuss how inflation is affecting the world right now and will share some perspectives that you may not have considered, as well as recent contribution changes.
Here’s some of what you’ll learn in this episode:
Listen here to hear our thoughts on inflation. (0:33)
Is there a positive side to inflation? You might be surprised at the answer. (2:35)
Is a big increase in social security a good thing? (7:17)
This episode’s Kingdom Minute: Cosigning on loans. (12:16)
For more, visit us online: https://www.chessmanwealth.com/ 

Ep 80: Making Smart Decisions During Major Life Events

We all make poor decisions from time to time, but we want to be sure to make the right ones when the stakes are high.
In this episode, we will explore some of the things you should be thinking about to make smart financial decisions when you encounter some of the most significant events in your life.
Here’s some of what you’ll learn in this episode:
What to consider when going through a job change. (1:40)
How your advisor can help you through a divorce. (3:23)
Here are some decisions you may have to make with an inheritance. (6:49)
For more, visit us online: https://www.chessmanwealth.com/ 

Ep 79: 5 Common Questions People Asked When Forced Into Retirement

For anyone being forced into retiring earlier than they planned (or at least being presented with that option), we’ve found that there are often some common questions that they’re asking.
In this episode, we will answer those questions and go over some scenarios that you may want to consider.
Here’s some of what you’ll learn in this episode:
Should you accept a buy-out offer from work? (0:59)
Should you take your pension in a lump sum or in payments? (3:41)
Is it tough to get a job around retirement age? (8:20)
Discipline might not sound fun, but without it, chaos ensues. (10:45)
For more, visit us online: https://www.chessmanwealth.com/ 

Ep 78: Warning Signs - How to Spot Problems in Your Financial Life

Just like the lights on your dashboard can indicate if something is wrong with your car (like low tire pressure or leaking oil), there are indicators in your financial life that might point out that you have a problem that needs to be addressed.
Let’s talk about some of the most common warning signs we see from pre-retirees and discuss what action you might need to take.
Here’s some of what you’ll learn in this episode:
Do you know what it costs to fund your lifestyle? (2:04)
Are you more focused on net worth than generating an income? (3:25)
Have you prepared for long-term care? (9:09)
For more, visit us online: https://www.chessmanwealth.com/ 

Ep 77: Tools to Help You Budget Better

It’s a somber day for those using the Mvelope budgeting program we have talked about before with clients. They went out of business. The hunt for new budgeting tools inspired us to share some budgeting tools and our thoughts on them.
Do you know where you are spending your money? Even if you think you do, it could be time to revisit your budget and see if there are any expenses or splurges you’re missing. Listen to learn about the budgeting tool we are going to try out and how it might help you.
 
Here’s some of what you’ll learn in this episode:
The downside to ‘Every Dollar’, by Dave Ramsey. (4:48)
The program we signed up for; A Biblically-based ministry called ‘Money Wise’. (7:04)
How using a budgeting program can make a huge difference for you. (9:24)
For more, visit us online: https://www.chessmanwealth.com/ 

Ep 76: Going Against the Grain

Being a good advisor isn’t about winning a popularity contest or just saying the same things that everyone else in the industry says. It’s about giving the best advice that you can for each individual situation.
On today’s show, we’re going to peel back the curtain to discuss some areas where a good financial advisor’s opinions might go against the grain with mainstream ideas in the industry.
 
Here’s some of what you’ll learn in this episode:
What is the appropriate amount of risk for a pre-retiree? (2:00)
How should you handle debt? Is all debt bad? (6:00)
Are annuities good financial tools? (8:17)
How much cash should you keep in the bank? (10:57)
For more, visit us online: https://www.chessmanwealth.com/ 

Ep 75: Smart Choices Wealth Management Solution

Sometimes it’s important to dive into the process behind what we do, so you know what to expect with Smart Choices Wealth Management Solution. Our process didn’t happen by accident. We have very intentional steps we take through the financial planning process.
In this episode, you will learn about the services we offer, and how we collaborate and brainstorm with other professionals to your benefit. Learn about each step in our process so you can determine if we may be a good fit for you.
Here’s some of what you’ll learn in this episode:
How the Discovery Meeting enables you to make smart choices. (2:23)
The Smart Choices Strategy Meeting will set you up with a financial plan, without committing to implementation. (3:28)
The Advanced Planning Meeting utilizes various professionals in different areas of expertise. We share your case with them anonymously and get feedback on other areas of financial planning. (5:14)
How we go about monitoring progress. (6:26)
For more, visit us online: https://www.chessmanwealth.com/