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The Investing Minister

The Investing Minister

Helping ministers and seminarians learn to invest successfully

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Before You Start Investing

“Am I Ready to Invest?” Part 8: The Investor’s Mindset

September 15, 2020 by Investing Minister

Well, here we are: the final post of the “Am I Ready to Invest?” series. I hope you’ve made it through the seven previous posts in the series before arriving at this point, but in case you haven’t (or if you need a refresher), here they are for quick reference: “Am I Ready to Invest?”… [Continue Reading]

Filed Under: Before You Start Investing Tagged With: investing, investor, mindset, minister, ministry, personal finance, seminary

“Am I Ready to Invest?” Part 7: High-Interest Debt FAQs

September 11, 2020 by Investing Minister

Welcome to the final post about high-interest debt in our “Am I Ready to Invest?” series! Some quick links to the other two posts dealing with high-interest debt, in case you need to catch up: “Am I Ready to Invest?” Part 5: High-Interest Debt“Am I Ready to Invest?” Part 6: Eliminating High-Interest Debt The purpose… [Continue Reading]

Filed Under: Before You Start Investing, High-Interest Debt Tagged With: credit cards, debt, high-interest debt, investing, investor, minister, ministry, personal finance, seminary

“Am I Ready to Invest?” Part 6: Eliminating High-Interest Debt

September 8, 2020 by Investing Minister

If you read the first post on high-interest debt, you know how bad high-interest debt truly is. It can wreak havoc on your overall financial picture not only by offsetting or overtaking your investment gains, but also by preventing your investments from growing as much they could have, had you not had to pay off… [Continue Reading]

Filed Under: Before You Start Investing, High-Interest Debt Tagged With: credit cards, debt, high-interest debt, investing, investor, minister, ministry, personal finance, seminary

“Am I Ready to Invest?” Part 5: High-Interest Debt

September 4, 2020 by Investing Minister

High-interest debt will crush you. A hyperbolic statement? Perhaps, but not by much. If you haven’t yet read through the four posts on emergency funds (1, 2, 3, 4) prior to getting to this post, you should, because everything I’m going to say here about high-interest debt assumes that you’ve built an emergency fund of… [Continue Reading]

Filed Under: Before You Start Investing, High-Interest Debt Tagged With: credit cards, debt, high-interest debt, investing, minister, ministry, personal finance, retirement, seminary

“Am I Ready to Invest?” Part 4: Emergency Fund FAQs

September 1, 2020 by Investing Minister

Welcome to the final post about emergency funds in our “Am I Ready to Invest?” series! Some quick links to the other three posts in case you need to catch up: “Am I Ready to Invest?” Part 1: The Emergency Fund (Do I need one?)“Am I Ready to Invest?” Part 2: The Emergency Fund Amount… [Continue Reading]

Filed Under: Before You Start Investing, Emergency Fund Tagged With: budget, emergency fund, garage sale, investing, living expenses, minister, ministry, personal finance, retirement, seminary, side gig, spending

“Am I Ready to Invest?” Part 3: The Emergency Fund Account

August 28, 2020 by Investing Minister

If you’ve been reading the blog in order thus far, you’ll recall that we’re in the middle of a series of posts about knowing when you’re ready to invest and about the foundational items that need to be in place prior to any significant investing. One of these foundational items is the emergency fund. Recapping… [Continue Reading]

Filed Under: Before You Start Investing, Emergency Fund Tagged With: account, brokerage account, emergency fund, high-yield savings account, investing, minister, ministry, money market fund, personal finance, seminary

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