Delaying even a small task or issue can most times result in a big expensive problem or project. Kicking the can or putting off until later can sometimes result in very expensive lessons. Procrastination costs — big time. We’ve all done it: Put off something until tomorrow that could have […]

Set your children off on the right financial path by teaching them these three important ideas. Start young — it’s important to broach the subject of money with kids at a young age. There’s no way to expect a child at any age to understand money unless you talk about […]

As winter comes to an end and we head into the spring/summer, a parallel can be drawn between the seasons of weather and the seasons of money. There are four financial seasons of life that include accumulation, preservation, distribution and succession. Approaching your finances with these four seasons in mind […]

Something to think about. If a church or temple has been renting for ten to twenty years, just say the church is paying $1,000.00 a month. Let’s do the math. $1,000 x 12 = $12,000.00 per year. $12,000,00 x 10 $120,000,00 and $ 12,000.00 x 20 =$240,000.00. We all have […]

A Self-Directed IRA is technically not any different than other IRAs (or 401ks). Self-directed IRAs have been around for years, but they’ve been gaining popularity recently among do-it-yourself investors looking to expand beyond stocks, bonds and mutual funds.  A self-directed IRA is not for the passive investor. You must be […]

As Copts, we don’t subscribe to or have a doctrine surrounding a devil. However, if there be such a creature or idea, consider debt as your devil and don’t allow the devil to linger around you. Develop your financial plan and start your journey toward being devil-free. One approach worth […]

• Diversify. Invest in stocks from a variety of industries so that when one industry is having trouble, another one will be healthy. • Watch valuations. If you overpay, even the best stock is no winner. • Tune out the noise. Avoid checking prices and news on your stock every […]

Most of us are financially fragile and would not be able to come up with $2,000 in 30 days without having to resort to borrowing money or pawning/selling items that we own. Ask yourself how easy would it be for you to come up with $2,000 to pay for a […]

Do things happen to you or do you make things happen?  Trials surely come, however, some of our trials are self-created. Amen. So learn to be a planner. Make financial plans for major life events: 1) make retirement plans while you’re young, working and while it’s day 2) make plans […]

They’re not just for the old. Think about and make a plan for yourself. A will is basically a simple document stating what you want to happen to your worldly property in the event of your passing. After you pass away, the will is used in public court in a […]