The Money Test ™
Question 1 of 15
"C" is for Charity
Want a life upgrade? Does your giving stretch your faith, ignite your purpose, and multiply your joy? What portion of your time, talent, and treasure do you give to others?
“As for the rich in this present age, charge them not to be haughty, nor to set their hopes on the uncertainty of riches, but on God, who richly provides us with everything to enjoy. They are to do good, to be rich in good works, to be generous and ready to share, thus storing up treasure for themselves as a good foundation for the future, so that they may take hold of that which is truly life.”
1 Timothy 6: 17-19
Question 2 of 15
"L" is for Liquidity
Liquidity show maturity.
Overcome laziness, and save for the storms of life. Your emergency fund covers how many months of living expenses?
“Go to the ant, O sluggard; consider her ways, and be wise. Without having any chief, officer, or ruler, she prepares her bread in summer and gathers her food in harvest.”
Proverbs 6: 6-8
Question 3 of 15
“E” is for Equity
Equity builds prosperity… but debt leaves regret.
How many debts do you have?
“The rich rules over the poor, and the borrower is the slave of the lender.”
Question 4 of 15
"A" is for Austerity
Austerity brings stability. Money can be a mistress.
Are you content to avoid a consumptive lifestyle and guard against the dangers of pursuing wealth?
“But godliness with contentment is great gain, for we brought nothing into the world, and we cannot take anything out of the world. But if we have food and clothing, with these we will be content. But those who desire to be rich fall into temptation, into a snare, into many senseless and harmful desires that plunge people into ruin and destruction. For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs.”
1 Timothy 6: 6-10
Question 5 of 15
“R” is for “Responsibility.
Responsibility loves accountability. Everyone needs an Advisory Board.
How many advisors consistently speak into your life?
“Without counsel plans fail, but with many advisers they succeed.”
Question 6 of 15
"M" is for Manage risks, not the market.
Some think it impossible for another Great Depression in America. Nonsense.
Describe your strategy for guarding against taxes, inflation, and market crashes.
“Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Question 7 of 15
“O" is for Own your values.
Investing is an extension of our reputation.
Does your advisor avoid profits from pornography, abortion, or oppressive business practices?
“Such are the ways of everyone greedy for unjust gain; it takes away the life of its possessors.”
Question 8 of 15
"N" is for Nail down your income.
One of the biggest retirement decisions is selecting your income strategy.
Have you received a formal distribution analysis to protect you from running out of money?
“The prudent sees danger and hides himself, but the simple go on and suffer for it.”
Question 9 of 15
“E” is for “Expose the hidden fees”
Wall Street is known for big commissions and fees. We typically save clients hundreds or thousands of dollars every year.
Are you interested in a free analysis?
“For which of you, desiring to build a tower, does not first sit down and count the cost, whether he has enough to complete it?”
Question 10 of 15
“Y” is for Yawn at short-term performance.
When market news gets “crazy” or your investments underperform the market, how do you respond?
Describe the confidence in your strategy.
“He who observes the wind will not sow, and he who regards the clouds will not reap.”
Question 11 of 15
"P" is for Pass along wisdom before you pass along wealth.
Do you feel confident that your heirs are capable of wisely managing your estate?
“Wisdom is good with an inheritance, an advantage to those who see the sun. For the protection of wisdom is like the protection of money, and the advantage of knowledge is that wisdom preserves the life of him who has it.”
Question 12 of 15
"A" is for Avoid the foolish estate.
At your death, will your assets pass efficiently according to your wishes and with minimal tax?
“…sometimes a person who has toiled with wisdom and knowledge and skill must leave everything to be enjoyed by someone who did not toil for it. This also is vanity and a great evil.”
Question 13 of 15
"T" is for Treat children uniquely, but love them equally.
Does your estate plan consider the unique needs and abilities of your heirs?
“So, from now on we no longer view anyone from a worldly point of view. Though we once regarded Christ in this way, we do so no longer.”
2 Corinthians 5:16
Question 14 of 15
"H" is for "Hand the baton early.
Where are you in the process of discussing, educating, and involving your heirs as the next stewards of your wealth?
“An inheritance gained hastily in the beginning will not be blessed in the end.”
Question 15 of 15
"!" is for High importance!
Has your legacy planning produced a multi-generational tradition of sound financial management for your heirs?
“I have no greater joy than to hear that my children are walking in the truth.”
3 John 1: 4