Wealthy with our risk
Financial Freedom

Financial Freedom

We believe that building wealth does not conflict with a sound belief in God.

1 Corinthians 7:22, For he that is called the Lord, being a servant, is the Lord’s Freeman: like, wise also he that is called, being free, is Christ’s servant.

In fact, being grounded in our beliefs will help us overcome the personal and financial ups and downs of life which we all experience. One may come into windfall and if managed properly loose it all, or may suffer a hardship and be not able to make timely financial decisions. The key is in knowledge and practice. Our Being Free - STAFF Program develops both these attributes. One on One coaching allows for individual development and correction. Classroom training in-person is also available


 

  •     Financial Freedom
  •         Financial Coaching
  •             Tools

Research

Household net worth or wealth is an important defining factor of economic well-being in the United States. In times of economic hardship, such as unemployment, illness, or divorce, a person’s or household’s financial assets (e.g., savings accounts) are an additional source of income to help pay expenses and bills. For individuals and households with a householder 65 years and older, wealth is also an important source of post-retirement income.

For all households, median household net worth decreased by 35 percent from 2005 ($102,844 [+/- 2,606]) to 2010 ($66,740[+/- 1,955]) (All comparisons are significant at the 90 percent level. All dollar figures are in 2010 constant dollars). This decrease in median household net worth reflects the declines in housing values and stock market indices. However, excluding home equity, median household net worth increased by 8 percent from 2009 ($13,859) to 2010 ($15,000).

Compared with those who are older, the young have limited income or savings to acquire various assets, accumulate wealth, and diversify their wealth holdings. Between 2005 and 2010, median net worth decreased for all age groups but more for older householders than for younger ones. For householders 65 and older, median net worth was equal to $195,890 in 2005 and $170,128 in 2010; for householders under 35, median net worth was equal to $8,528 in 2005 and $5,402 in 2010. When looked at in percentage terms, the story is quite different (see Figure 1). Median net worth decreased by 37 percent for householders under age 35 compared with a 13 percent decrease for householders 65 and over. Thus, even though the 65 and over population lost more net worth in absolute terms, the younger age groups were disproportionately affected in terms of the share of net worth lost. The group with the largest decrease in percentage terms was the 35- to 44-year-old group, whose net worth decreased by 59 percent.

What Have Others Said

Few Words From Our Satisfied Customers

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"The entire course gave me simple and effective guidelines that I can follow to reach my financial goals.

Hansi Kursch

Temptation
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"The spending plan session was the best part of the class because it let me know where all my money was going.

Mark Williams

Motivation, CEO
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"Storing Treasures helped me to identify the type of spender I am and based off of that information I was able to take the appropriate steps to monitor and adjust my spending habits.

Roberts

Temptation
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"Entering my debts and how to go about paying those offbased on my financial personality.

Nelson

Motivation, CEO
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"The entire program was very educational and I plan to use all of it in setting up my plan.

Susan Martinez

Temptation
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"The session in setting up a spending plan was very educational. I have always found sticking to a budget difficult when unforeseen bills arise. Your program was very good and broke things down in a very understanding way.

Edward Wilson

Motivation, CEO
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"STAFF has helped me take a hard look at my finances and set up realistic goals.

Davis Brown

Temptation
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"This program was very educational in regards to setting up a financial plan. I have always written out by monthly bills and attempted to stick to the plan; however, life happens and things do not always work out as planned. Setting up the STAFF financial plan helps me being able to free up funds quicker than what I had planned in the past.

Linda Collins

Motivation, CEO
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"All of the sessions were of value because they built on each other and all lead to the ultimate decision of setting goals. Session eight was very valuable as this is where I set my short, medium, and long term goals.

James

Temptation
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"Yes laid everything out for me so that I can really see what needs to be done in order to get my finances on the right track me and my sons future.

Robert

Motivation, CEO
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"I now see that student loan debt is having a major impact on my future. I plan to go through it again and focus on this area specifically.

Donald

Temptation
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"I really enjoyed it. I learned my personality in reference to spending and my spending habits. I learned about emergency savings and debt reduction. Best of all, I learned about my goals and how to set those for the future.

Sandra

Motivation, CEO
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"I learned how to manage my money by using the envelope system. I have saved over $400 per month on my monthly spending plan. I have been able to save $4,000 for emergencies. It has helped us out working as a couple and figuring out how we can work toward paying off our debt over the next 18 months.

Jennifer

Temptation
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"I really did not know what I was doing prior to the class. This helped me figure out how to move forward and begin plans to start my own business. It is a great foundation to build on.

Kenneth

Motivation, CEO
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