Can you imagine telling yourself that $22.5 million isn’t enough? What about $2.5 million?
Paul Adams of Sound Financial Group joins the show to discuss ways that many Christian families are burning money and putting themselves in debt. He shows how you can stop burning your money and start living our lives on purpose.
ABOUT THIS SHOW:
- Paul discusses how to intentionally design and build a good life
- How to overcome the sensation of feeling “less than” our neighbors
- Advice on looking for opportunities to drop bread crumbs for Christ
STOP BURNING YOUR MONEY
Most American Christians are trapped by the idea that we “can’t afford” to do certain things. Paul suggests the key is to reframe every purchase decision in the context of your family strategy. Pray with your wife about what kind of life God wants you to lead. What kind of education do you want for your children? How much would you like to be giving to your church and missions? What kind of house would you like? Only after answering these questions do you start making financial plans.Stop burning your money and choose where you will invest.Click To Tweet
It sounds ludicrous to some of us, but Paul makes a strong case for how $22.5 million isn’t enough to support the lifestyle many “rich” people portray. Watch this video as it may startle you as you think about how you approach planning for the future.
Could you live on 20% of your income? Paul is making radical sacrifices for the sake of his family and church, but also out of a desire to startle his clients and other believers. We don’t need everything marketers tell us we need. What would your life look like if you started taking control of your spending and saving decisions?
DROPPING BREAD CRUMBS
Paul loves dropping bread crumbs for Christ in conversations and in the way he lives. His 20/80 financial decision opens the door for lots of conversations as people don’t understand why he would live so radically. But he also has intentional answers to everyday questions like “How was your weekend?”How can you provide unconventional answers to every day questions?Click To Tweet
As president and founder of Sound Financial Group Paul leads a team of financial professionals dedicated to helping clients define their financial goals then developing unique, tailored strategies to reach them. In addition to his specialized financial coaching, Paul is an accomplished speaker, conference panelist and author who has published two essential financial guides – Stop Burning Your Money; and Sound Financial Advice. He has been interviewed by Forbes, Entrepreneur, and Inc. magazines to share his knowledge and passion for helping his clients maintain healthy balance sheets, stop forfeiting money unnecessarily to the IRS, and building and protecting their plans for the future. In 2014 and 2015 he was recognized by Seattle Magazine as a Five Star Wealth Manager and was also chosen by Advisor Today Magazine as one of the industry’s Four Under Forty.
Paul lives in Mill Creek, Washington with his wife, Kristen, and their three children – Andrew, Reagan and Vivian. He enjoys traveling, hiking and continuing his personal and professional education. One of his great pleasures in life is spending time outdoors with his family, for example, in 2015 he took his family on 15 camping trips, rain or shine. That is the type of “next-level” dedication and devotion he has for doing what he loves.
- Simplify – Joshua Becker
- Stop Acting Rich by Thomas Stanley
- Stop Burning Your Money by Paul Adams
- Sound Financial Advice by Paul Adams