Dave Ramsey, Rachel Cruze, and Chris Hogan did a free Livestream last Thursday evening entitled "What Now? COVID-19 And Your Money!"
In case you missed it, you can still watch it on their website, here.
The Livestream is definitely worth watching but I will do a quick re-cap of their presentations here.
"What Now? COVID-19 And Your Money!"
Dave Ramsey started off the Livestream sharing that for the first time in 30 years, everyone in their company worked from home. He was nervous. As a business owner he cares for his employees and their families and wanted to make sure everyone was taken care of.
He talked about how this pandemic impactedll of us in one way or another and that for many Americans, this should be their "never again" moment. Meaning, if you were not where you wanted to be when this hit the economy (debt-free, emergency fund in place, etc) he recommended that this becomes your never again moment that causes you to make a change.
Rachel Cruze talked about the value of doing a budget and talking about money with your spouse, if you are married. She shared that budgeting is not only something you should do while you are paying off debt, but that it's a great tool to help you to continue to win with money.
Chris Hogan talked about saving for emergencies and retirement. One thing that he mentioned was that many Americans are afraid to talk to a Financial Planner because they are afraid their finances are too much of a mess. This stuck with me because as one of Dave Ramsey's Smartvestor Pros, we would never want people to be afraid to reach out to us. One of our core values is to "have the heart of a teacher" and that is because we enjoy helping and teaching clients!
Dave came back out to wrap up the presentation and talked a little about their new platform, Ramsey+. Ramsey+ has 3 main features: "Learn", "Budget", and "Track". The "Learn" part is Financial Peace University plus other lessons including a budgeting lesson, Smart Money, Smart Kids, and The Legacy Journey. The "Budget" part is Everydollar. And "Track" is a place where you'll be able to track your progress through the baby steps. They are offering a free trial right now as a way to let people try it out since it is new. You can watch the Livestream and learn more about Ramsey+ on their website, here.
If you have any questions about investing or retirement, or anything else that is specific to your financial situation please don't hesitate to reach out to one of us. There are 5 Financial Planners on our team and you can meet us and reach out to one of us here.
RAMSEY LIVESTREAM: "WHAT NOW? COVID-19 AND YOUR MONEY!"
June 30, 2020
Whitaker-Myers Wealth Managers is an SEC-registered investment adviser firm. The information presented is for educational purposes only and intended for a broad audience. The information does not intend to make an offer or solicitation to sell or purchase any specific securities, investments, or investment strategies. Investments involve risk and are not guaranteed. Whitaker-Myers Wealth Managers reasonably believes that this marketing does not include any false or misleading statements or omissions of facts regarding services, investment, or client experience. Whitaker-Myers Wealth Managers has a reasonable belief that the content will not cause an untrue or misleading implication regarding the adviser’s services, investments, or client experiences. Please refer to the firm’s ADV Part 2A for material risks disclosures.
Past performance of specific investment advice should not be relied upon without knowledge of certain circumstances of market events, the nature and timing of the investments, and relevant constraints of the investment. Whitaker-Myers Wealth Managers has presented information in a fair and balanced manner.
Whitaker-Myers Wealth Managers is not giving tax, legal or accounting advice, consult a professional tax or legal representative if needed.
Copyright (c) 2023 Clearnomics, Inc. and Whitaker-Myers Wealth Managers, LTD. All rights reserved. The information contained herein has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness, or correctness of the information and opinions contained herein. The views and the other information provided are subject to change without notice. All reports posted on or via www.clearnomics.com or any affiliated websites, applications, or services are issued without regard to the specific investment objectives, financial situation, or particular needs of any specific recipient and are not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Past performance is not necessarily a guide to future results. Company fundamentals and earnings may be mentioned occasionally, but should not be construed as a recommendation to buy, sell, or hold the company's stock. Predictions, forecasts, and estimates for any and all markets should not be construed as recommendations to buy, sell, or hold any security--including mutual funds, futures contracts, and exchange traded funds, or any similar instruments. The text, images, and other materials contained or displayed in this report are proprietary to Clearnomics, Inc. and constitute valuable intellectual property. All unauthorized reproduction or other use of material from Clearnomics, Inc. shall be deemed willful infringement(s) of this copyright and other proprietary and intellectual property rights, including but not limited to, rights of privacy. Clearnomics, Inc. expressly reserves all rights in connection with its intellectual property, including without limitation the right to block the transfer of its products and services and/or to track usage thereof, through electronic tracking technology, and all other lawful means, now known or hereafter devised. Clearnomics, Inc. reserves the right, without further notice, to pursue to the fullest extent allowed by the law any and all criminal and civil remedies for the violation of its rights.