Bill Burton, Financial Coach

Most of us have received or will be receiving a stimulus check. For some, whose income has not be affected by the coronavirus, this check is a windfall. Some need the money desperately because their income has taken a big hit during the quarantine. In the article linked below, Dave Ramsey has advice for all of us regarding what to do with our stimulus money. For information on how you can realize your financial dreams, call me at 260-413-9589 or email me at BBurtonFC@gmail.com . https://www.daveramsey.com/blog/how-to-manage-money-during-crisis?utm_source=cnl&utm_medium=email&utm_content=4.19_cnl_blog_money_dos_and_donts_control&utm_term=lampo_split_bu&utm_campaign=cnl_newsletter&campaign_id=&lead_source=Email&utm_id=cnl_newsletter&cd17=B2C_DR_CNL_DRCOM-6865_Engaged_SegD_CNL_200419&email_id=3145068 If you will live like no one else, later you can live like no one else. - Dave Ramsey

Dave Ramsey created a plan for taking control of one’s finances that he calls “Baby Steps”. These steps are a systematic way of gaining control of one’s financial future. The order is extremely important. When coaching clients I often get asked about the wisdom of paying off debt before investing in retirement accounts. The recent downturn in the stock market has shown the wisdom of the order of the Baby Steps. Most of us lost value in our retirements accounts due to the concern over the COVID-19 virus.  Those people who invested in the market and were still carrying credit card balances, lost money in the retirement accounts and still had the same or more of a balance on their credit cards Had they “invested” in paying off their debt, they would be better off when the markets headed down. Don’t mess with Dave’s Baby Steps. For information on the Baby Steps, see the link below. For information on how you can realize your financial dreams, call me at 260-413-9589 or ema...