Ronnie Clark, CKA® AAMS®

LPL Financial Advisor

Financial Planning & Wealth Management. Securities offered through LPL Financial. Member SIPC

[Ronnie Clark, CKA® AAMS® @_ronnieclark]

Happy Easter from the Clark fam!✝️

[Ronnie Clark, CKA® AAMS® @_ronnieclark]

Can’t we all be Ole Miss fans today?!? 🇺🇸🔴⚪️🔵❤️

[RedCupOleMiss @RedCupOleMiss]

Ole Miss students sing the Star Spangled Banner🇺🇸

[Ronnie Clark, CKA® AAMS® @_ronnieclark]

Timing the market is impossible!

Between 1951-2023 the market was down 46.4% of trading days, which means if you look at your investment accounts on a daily basis you will not like what you see every other day.

“Financial success is not a hard science. It’s a soft skill, where how you behave is more important than what you know.”
-@morganhousel in The Psychology of Money

Don’t let irrational behavior of short term results negatively impact your long term financial goals!

“Steady plodding brings prosperity; hasty speculation brings poverty” (Proverbs 21:5 TLB).

#JesusCenteredLife #LivingGenerously
#FinancialFreedom #KingdomAdvisor
#MoneyManagement #Stewardship
#PowerFinancialGroup

[Ronnie Clark, CKA® AAMS® @_ronnieclark]

One of the best methods of building relationships and helping others is asking the right questions. Jesus' taught by asking a lot of questions! Here are some of my favorite questions from the Bible:

1. Where are you? (Gen 3:9)
2. What are you looking for? (John 1:38)
3. What do you want me to do for you? (Matt 20:32)
4. Do you want to be healed? (John 5:6)
5. Do you love me? (John 21:15)
6. Why are you looking for me? (Luke 2:49)
7. Could you not wait with me for one hour? (Matt 26:40)
8. Will you lay down your life for me? (John 13:38)
9. Who do you say that I am? (Luke 9:20)

If you want to help someone understand what they believe or what they think, ask questions!

#JesusCenteredLife #LivingGenerously
#FinancialFreedom #KingdomAdvisor
#MoneyManagement #Stewardship
#PowerFinancialGroup

[Ronnie Clark, CKA® AAMS® @_ronnieclark]

Happy Birthday to my Ash! 😘

[Ronnie Clark, CKA® AAMS® @_ronnieclark]

15% of Jesus' teachings are about money and possessions.

It is very clear that how we handle money matters, b/c every spending decision we make is ultimately a spiritual decision.

#JesusCenteredLife #LivingGenerously
#FinancialFreedom #KingdomAdvisor
#MoneyManagement #Stewardship
#PowerFinancialGroup

[Ronnie Clark, CKA® AAMS® @_ronnieclark]

15% of Jesus' teachings are about money and possessions.

It is very clear that how we handle money matters, b/c every spending decision we make is ultimately a spiritual decision.

#JesusCenteredLife #LivingGenerously
#FinancialFreedom #KingdomAdvisor
#MoneyManagement #Stewardship
#PowerFinancialGroup

[Ronnie Clark, CKA® AAMS® @_ronnieclark]

For Christians (followers of Jesus Christ), the Bible should be our comprehensive instructional guide when it comes to handling the financial resources God has entrusted us to manage.

Living the Jesus-centered life will ultimately reveal to you that God isn't as concerned with the 10% as He is the 90%.

#JesusCenteredLife #LivingGenerously
#FinancialFreedom #KingdomAdvisor
#MoneyManagement #Stewardship
#PowerFinancialGroup

[Ronnie Clark, CKA® AAMS® @_ronnieclark]

All investments have risk.

The Bible does not recommend any specific type of investment.

Money can be lost on any investment.

Diversification is one of the best ways to lower risk.

"Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth" (Ecclesiastes 11:2).

#JesusCenteredLife
#PowerFinancialGroup
#FinancialFreedom #KingdomAdvisor
#MoneyManagement #Stewardship
#LivingGenerously

[Ronnie Clark, CKA® AAMS® @_ronnieclark]

Believe:
-God owns everything.
-God will provide for your needs.
-God is in control of everything.

Accept:
-We are God's Money Managers.
-We are required to faithfully oversee what He has provided us.

Of the 7 times in Scripture "contentment" is mentioned, 6 relate to money.

Following these 5 Biblical principles lead to contentment and peace of mind:

1. Spend less than you earn (Prov. 13:11).
2. Avoid the use of debt (Prov. 22:7).
3. Build liquidity and margin (Phil. 3:14).
4. Build wealth over the long-term (Prov. 21:5).
5. Live Generously; be a giver, not a getter (2 Cor. 8 & 9).

#JesusCenteredLife
#PowerFinancialGroup
#FinancialFreedom #KingdomAdvisor
#MoneyManagement #Stewardship
#LivingGenerously

[Ronnie Clark, CKA® AAMS® @_ronnieclark]

Every spending decision we make is ultimately a spiritual decision because God owns it all.

Disciples of Christ are tasked with being God's money managers and we are requied to be faithful in this role.

"For where your treasure is your heart will be also. You cannot serve God and money" (Matthew 6:21,24b).

"Now, a person who is put in charge as a manager must be found faithful" (1 Corinthians 4:2).

#JesusCenteredLife
#PowerFinancialGroup
#FinancialFreedom #KingdomAdvisor
#MoneyManagement #Stewardship
#LivingGenerously

[Ronnie Clark, CKA® AAMS® @_ronnieclark]

"Stewardship is the use of God-given resources for the accomplishment of God-given goals." -Ron Blue

"Moreover it is required in stewards that a man be found faithful" (1 Corinthians 4:2).

"He who is faithful in a very little thing is also faithful in much...if you have not been faithful in the use of earthly wealth, who will trust you with the true riches of heaven" (Luke 16:10a-11).

- Our standing and reward in eternity will be directly related our faithfulness in how we handle the money and possessions God has entrusted us with.

- God owns it all (Psalm 24:1 & 1 Chronicles 29:11) and has placed us in charge of everything He made (Psalm 8:6).

- Faith requires action on our part.

#JesusCenteredLife
#PowerFinancialGroup
#FinancialFreedom #KingdomAdvisor
#MoneyManagement #Stewardship
#LivingGenerously

[Ronnie Clark, CKA® AAMS® @_ronnieclark]

There are two economies at work: God's and man's. We get to choose which one we do life in.

In God's economy, debt is not forbidden but it is strongly cautioned against.

The typical U.S. family spends 25% of its income on debt interest.

IRS stats show that the typical American family spends 10x more on debt interest than we give to charitable organizations.

God's Word teaches us the borrower places themselves in a position of bondage, or slavery, to the lender; or to say it another way, the lender has dominion over the borrower (Proverbs 22:7).

1 Corinthians 7:23 tells us to only be in servitude to God.

Debt has become more American than apple pie.

Let us help you come up with a plan for your family to achieve true financial freedom.

#JesusCenteredLife
#PowerFinancialGroup
#FinancialFreedom #KingdomAdvisor
#MoneyManagement #Stewardship
#LivingGenerously

[Ronnie Clark, CKA® AAMS® @_ronnieclark]

Term Life Insurance

- an affordable product that should be a part of most financial plans.
- a cheap way to protect your family's financial future should you die.
- lasts for a specific number of years, or term (10, 15, 20, 30, etc.).
- provides a monetary payment to your beneficiary(ies) that can be used to supplement income that you provided along with any debts.

A good rule of thumb to have enough insurance equal to 10 times your annual income plus any mortgage debt.

Stay-at-home Moms should have enough to cover all the different things they do during the day (childcare & housekeeping). This amount can vary, but $250,000-$500,000 fits most financial plans.

Each family is unique and life insurance needs can and will differ.

#JesusCenteredLife
#PowerFinancialGroup
#FinancialFreedom #KingdomAdvisor
#MoneyManagement #Stewardship
#LivingGenerously

[Ronnie Clark, CKA® AAMS® @_ronnieclark]

A few beliefs about borrowing & debt:

1) Borrowing is not a sin.
2) Borrowing may deny God an opportunity to provide.
3) Debt is almost always symptomatic of spiritual issues.
4) Consumptive borrowing will sentence one to a lower standard of living.
5) Spouses must always be in harmony when making a decision that involves borrowing money or going into debt.

Debt is always paid with after-tax dollars!

"...the borrower is the slave of the lender" (Proverbs 22:7b).

#JesusCenteredLife
#PowerFinancialGroup
#FinancialFreedom #KingdomAdvisor
#MoneyManagement #Stewardship
#LivingGenerously

[Ronnie Clark, CKA® AAMS® @_ronnieclark]

Time in the market > Timing the market.

Investment success is more behavior than skill.

"Steady plodding brings prosperity; hasty speculation brings poverty" (Proverbs 21:5).

#JesusCenteredLife
#PowerFinancialGroup
#FinancialFreedom #KingdomAdvisor
#MoneyManagement #Stewardship
#LivingGenerously

[Ronnie Clark, CKA® AAMS® @_ronnieclark]

Two economies exist, God's and man's, and they are in stark contrast of one another.

One is rooted in bitter jealousy and selfish ambition and the other is based on wisdom from above (see James 3:14).

We can learn and implement man's way of handling money (which is the American way) or we can learn what God teaches and steward His money according to His principles.

"For where envy and self-seeking exist, confusion and every evil thing are there. But the wisdom that is from above is first pure, then peaceable, gentle, willing to yield, full of mercy and good fruits, without partiality and without hypocrisy." James 3:16-17

Man's economic wisdom is based on envy and self-seeking, and results in confusion, disorder, unrest, rebellion, evil, partiality (self-righteousness), and hypocrisy (self-serving deception).

God's economic wisdom is pure, peaceable, gentle, reasonable, compassionate, full of good fruits.

A few byproducts of doing business in Man's economy:

-66% of millennials (born b/t 1981 and 1996) have ZERO retirement savings.
-34% of all Americans have $0 in savings.
-69% of households have less than $1,000 in emergency savings.
-72% do not have a written financial plan.
-38% of households have revolving credit card debt and a majority of these people have no idea how much in fees and interest they are currently paying.
-100 million Americans have outstanding auto loans
-44.7 million Americans have outstanding student debts
-43% of student borrowers aren't making their payments
[stats from Savology]

#JesusCenteredLife
#PowerFinancialGroup
#FinancialFreedom #KingdomAdvisor
#MoneyManagement #Stewardship
#LivingGenerousl

[Ronnie Clark, CKA® AAMS® @_ronnieclark]

"Your personal experiences with money make up maybe 0.00000001% of what's happened in the world, but maybe 80% of how you think the world works."

- Morgan Housel in The Psychology of Money

#JesusCenteredLife
#PowerFinancialGroup
#FinancialFreedom #KingdomAdvisor
#MoneyManagement #Stewardship
#LivingGenerously

[Ronnie Clark, CKA® AAMS® @_ronnieclark]

There are only 5 short-term uses of money: Giving, Taxes, Debt Repayment, Saving, and Lifestyle Spending.

Giving back to God a portion of what's already His should be the first money spent after receiving income.

The second money you should spend is into your savings and investments.

Saving means you have to put off an expense (want) today so that you will have something to spend in the future.

The Bible does not teach us an amount to save, but 15% is a recommended amount. If 15% is too much, start at 1%. Just begin the habit of saving something each and every month.

"Steady plodding brings prosperity; hasty speculation brings poverty" (Proverbs 21:5).

"The wise man saves for the future, but the foolish man spends whatever he gets" (Proverbs 21:20).

#JesusCenteredLife
#PowerFinancialGroup
#FinancialFreedom #KingdomAdvisor
#MoneyManagement #Stewardship
#LivingGenerously

[Ronnie Clark, CKA® AAMS® @_ronnieclark]

With nearly $400 million in assets under management, Power Financial Group offers services that meet most financial needs regardless if you are just starting out or if your assets are above seven figures.

Call us to schedule a free consultation to see what we are all about.

601-790-8100

Investments/Retirement/Stewardship

#JesusCenteredLife
#PowerFinancialGroup
#FinancialFreedom #KingdomAdvisor
#MoneyManagement #Stewardship
#LivingGenerously