True Riches Financial Planning

Financial dysfunction or blind-spots are much easier to spot in others relative to ourselves

Which is why I believe it's 𝐏𝐀𝐑𝐀𝐌𝐎𝐔𝐍𝐓 to have open-money conversations with people who are 𝐑𝐄𝐌𝐎𝐕𝐄𝐃 from your direct household. It doesn't have to be a paid-advisor relationship, but it needs to be someone you trust and can provide an independent, emotionally-removed perspective.

The concept of accountability has gotten thrown out the window in America's individualistic culture, and it's quietly killing us.

Get some trusted people (or a trusted Advisor) in your corner and start having open, loving, deep, and accountable money conversations!

Three financial planning strategies that are 𝐎𝐕𝐄𝐑𝐇𝐘𝐏𝐄𝐃 👇

1) Roth conversions [converting in the 35% bracket on a market dip? Overhyped for most households]

2) Direct-indexing [much narrower set of actual value-add use-cases than is actually pitched - without consistent savings into DI strategies and/or strong charitable intent, the cost basis will get whittled down to peanuts over time]

3) Trump Accounts [for MOST families, the 529 and/or UTMA or a separate Brokerage Account tend to be more effective and simpler]

Notice I'm not saying these 3 things don't have value, I'm simply saying they are often overhyped, especially on social media and prospect-pitches

The role of a financial advisor has drastically changed over the years.

What used to be a role solely focused on placing individual stock trades and providing investment advice has evolved far beyond that — yet many consumers are still just paying 1% per year for generic "investment management".

And while that 𝐈𝐒 still a part of the financial advisor role, it should go so much deeper than that. The 𝐅𝐔𝐋𝐋 𝐏𝐈𝐂𝐓𝐔𝐑𝐄 and how everything integrates together is what truly matters and where real value is had.

Not pictured: all the qualitative and behavioral ways a financial planner should help their clients.

"What fund or stock should I buy?" is the wrong first question when it comes to investing.

Investing should follow some sort of "framework" before any discussion of individual "strategy".

And while the specific "funds" like mutual funds or ETF's are important, they have to be put in their proper place (and order). The majority of returns will come from your Asset Allocation (Mix and Proportion of Your Various Types of Investments) and Asset Location (Which Investments Live in Which Account-Type such as Roth, Traditional 401k, or Brokerage).

Don't let the "Fund" tail wag the "Life Plan" Dog — it's a recipe for misalignment and potential disaster.

Financial success rarely comes from quick shortcuts. Rather, success typically stems from running in the same direction consistently for extended periods of time in alignment with your Statements of Financial Purpose.

While finances aren't always complex, consistency can get really really hard when everything around you is begging for your time, attention, and money. This is where building a simple, effective plan structured around your life is key.

Acts of 𝐎𝐌𝐈𝐒𝐒𝐈𝐎𝐍 (being content with less) are often just as powerful (if not more powerful) than acts of 𝐂𝐎𝐌𝐌𝐈𝐒𝐒𝐈𝐎𝐍 (hustling, grinding, & doing more).

What Issues Should I Consider When Starting a New Job?

From cash flow to tax planning to equity compensation to retirement plans to health insurance, this free downloadable guide has the top things to consider!

trueriches-my.sharepoint.com

The stats around those receiving a large inheritance are sobering.

70% of inheritors spend the entire inheritance within 3 years.
About half of those spend it all in the first year alone.

The Bible talks extensively about the power of money over humans across generations. Wealth is like dynamite — with potential to cause amazing good or incredible harm.

An inheritance can be life-changing. But if not managed purposefully, it can actually become a detriment to overall well-being.

This is where having a Kingdom-focused Advisor can come in — to help you make choices that are aligned with what you 𝐓𝐑𝐔𝐋𝐘 𝐂𝐑𝐀𝐕𝐄 𝐌𝐎𝐒𝐓 and use money as a tool to live out your God-given calling.

What-Issues-Should-I-Consider-If-I-Experience-A-Sudden-Wealth-Event-2026.pdf

What 𝐈𝐒 the stock market?

It's simply 𝐁𝐔𝐒𝐈𝐍𝐄𝐒𝐒 𝐎𝐖𝐍𝐄𝐑𝐒𝐇𝐈𝐏.

To take it one step further, it's fractional business ownership in companies that will [over extended time periods] grow their business in value. And as a business owner, you participate in that potential growth.

Capitalist economies like the USA are 𝐏𝐎𝐒𝐈𝐓𝐈𝐕𝐄 𝐒𝐔𝐌 endeavors as a whole [meaning everybody can win at the same time!].

The challenge is, large investors are constantly and instantaneously ‘pricing-in’ the latest news and information (and what that information means for the future of a business) into current prices, creating short-term price movements ("volatility") within the businesses comprising the stock market itself.

This "volatility" is the price of entry for investing in the stock market. But over extended time periods, business ownership has been an incredible and unarguably successful catalyst for wealth creation.

The key is having a purposeful framework for 𝐇𝐎𝐖 𝐓𝐎 𝐈𝐍𝐕𝐄𝐒𝐓 coupled with behaviorally-friendly ways to 𝐒𝐓𝐀𝐘 𝐈𝐍𝐕𝐄𝐒𝐓𝐄𝐃 across unpredictable economic cycles and major world events.

This is why I 𝐋𝐎𝐕𝐄 the Asset-Liability Matching Framework. It matches the risk of your assets (types of investments you buy) with the risk of your liabilities (time until you need the money to spend or give). It's data-driven, behaviorally-friendly, and custom to your household income and expenses!

What is the most underappreciated part of financial planning? 👇

𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐢𝐧𝐠 𝐚 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭 𝐨𝐟 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐏𝐮𝐫𝐩𝐨𝐬𝐞.

In other words, answer the simple yet profound question: "𝐖𝐡𝐚𝐭 𝐢𝐬 𝐭𝐡𝐢𝐬 𝐚𝐥𝐥 𝐟𝐨𝐫 𝐚𝐧𝐲𝐰𝐚𝐲𝐬?"

Money is simply a tool that supports your Purpose — so by first clearly articulating what your Financial Purpose is, I believe that you will better align the future resources that flow through your household to support that very Purpose you set for yourself.

Most Christian families I encounter default to leaving everything to their kids in their Wills or Trust — but what if there was a more impactful and intentional way?

In this short post, we walk through an Estate Planning approach to provide for your children’s true needs while redirecting excess wealth away from taxes and towards Kingdom impact.

https://www.truerichesfp.com/replacing-the-irs-with-kingdom-impact-through-your-estate-plan