
Sep 16, 2024
While your business may be providing for your needs today, it is important to invest for the future.
Most solo-entrepreneurs miss this crucial aspect of financial planning.
Whether that future means slowing down, retirement, or preparing for another economic upheaval that could challenge the strength of your business, financial planning is critical to business health.
Today, we are joined by Edward Robinson, a Financial Advisor with Thrivent. Thrivent is a Christian company that has served in the financial space for over 100 years. As a pastor of a church plant in 2014, Edward realized that money shortages always seem to find their way into life.
Driven initially by need and later by passion, Edward pursued his financial education and has been helping others learn how to make their money work for them ever since.
A key difference in how Edward guides his clients lies in the purpose of investing—it’s not just about the money you save for retirement; it’s about the impact you can have on the lives of others. More than just a Portfolio Planner, Edward is a Financial Planner looking at all aspects of your financial health.
If you want a Financial Advisor who shares your Christian values and supports giving to your church, Edward might be a great fit for you.
In This Episode, We Discuss:
Your Age Will Determine Your Strategy:
Under 40 years: Focus on protection and building assets.
40-50 years: Focus on having enough income for retirement.
Retirement age: Focus on having enough, leaving a legacy, and being generous.
“Money is a great servant, but a cruel master. You must master your money, or it will master you.”
Common Mistakes in Finances:
Not saving enough
Being underprotected
Not enough cash flow
As business owners, we need to get out of survival mode. We must work hard to have something to share with those in need.
1 Timothy 5:8: “We are to provide for our own. Taking care of our household means more than just your spouse and children.”
A Portfolio Planner works to get you a good return on your money. A Financial Planner does the same but also helps you establish a budget, get appropriate insurance, manage estate planning, and look at the overall health of your financial life.
Follow Edward Robinson
Email: edward.robinson@thrivent.com
Phone: 434-448-3330
Website: connect.thrivent.com/edward-robinson
Money Canvas: Free 3-session coaching on budgeting
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