On the Move: Figueroa Financial is Relocating

On the MoveHello everyone!

I just wanted to let you know that I am in the process of moving this blog to a new hosting provider.

The process has just started and it should not take very long.

But until I the migration process is completed, I won’t be posting new content.

The blog should be available for the most time during the transition and I am also keeping the same URL.

But if you have trouble accessing it is most likely due to the migration.

I will return with more updates soon.

Thank you!

Problems with Managing Money? I Have Been There, I Can Help

Keyboard_Help-300x225Do you struggle with managing your money? Do you have too much month left at the end of your paycheck?

Are you stressed with the amount of debt you are carrying? Are you worried about saving for retirement or paying for your kids’ college tuition? Is money a source of stress in your marriage?

If your answer to any of these questions is yes, I have good news.

You are not alone and there is a way to turn things around. I have been exactly where you are.

Here is a picture of my household’s financial picture 7 years ago:

  • Had a very good, stable job, with great income. But… we were living paycheck to paycheck. Using credit cards to make up the difference every month.
  • Had almost $50K in unsecured debt (car note, credit cards, student loan, etc.).
  • Had no plan to pay for college for our son except to consider student loans.
  • Had no savings for emergencies.
  • Had very little in retirement funding and no structured plan for savings.
  • My wife and I we were not working together as a couple.
  • We realized we were not honoring God in the handling of our finances.

I realized that we needed help. In the Fall of 2005, our church offered a financial class (Dave Ramsey’s Financial Peace University, FPU) and I attended the 13-week course.

As I shared with my wife what I was learning, we started to apply biblical principles for sound financial management. We began a life transforming journey for our family.

I can thankfully share the positive impact of that decision to get help 7 years ago. Here is where we are today:

  • We are living on a budget. We have a plan for our finances. We have learned to live on less than we make.
  • We paid off all of our unsecured debt ($50K). It took us 29 months.
  • We have a 6 month emergency fund.
  • We were able to pay for our son’s college without borrowing money and without him borrowing money.
  • We have a structured approach for retirement savings.
  • We are honoring God with our handling of finances.

I firmly believe everyone is capable of being successful with their finances and sometimes it is just a matter of getting a little help.

Don’t wait and act now to start your journey towards financial wellness!

 Presione aquí para la versión de este artículo en Español.

Could You Use Some Help?

Today, Financial Literacy month comes to an end. For the first time, I joined with other personal finance bloggers in recording a series of videos on financial topics. I hope you have enjoyed them but more importantly, I hope they have been useful to you or someone you know.

However, it seems we have a lot more work ahead of us. A recent USA Today article indicates that: “the Treasury Department and Department of Education have teamed the past three years to assess financial literacy in U.S. high schools, and the results haven’t been pretty: the average score of almost 76,900 students in 2010 was 70%. Last year’s testing of about 84,000 students and this year’s of about 80,000 students were both a point lower: 69%.” The article also indicates that our young adults (20-29 years old) also struggle with financial knowledge.

I firmly believe everyone is capable being successful with their finances and sometimes it is just a matter of getting a little help. In our culture we are very used to getting help from a personal trainer to help us get on a good exercise program or getting help from a nutritionist to optimize our diet. Could you use some outside help with your finances?

A financial coach/counselor can help you in the following ways:

  • Help you understand your current financial situation.
  • Provide you specific recommendations for making the necessary changes in managing your finances.
  • Inject hope into your particular situation.
  • Provide excellent services with the utmost confidentiality.

As a financial coach, I will always offer you information and education built on biblical principles for managing finances. If you need help getting on a budget, building an emergency reserve, or breaking out of the slavery of consumer debt, contact me today. We offer a 30-minute no-cost, no-obligation consultation.

If you are struggling with finances I know how you feel because I have been there. I know what it is to feel lost and without hope, thinking there is nowhere to go. However, with God’s grace and lots of help, I learned how to gain control of my finances. There is a way to win with your money and I can show you that way. There is always Help and Hope for Your Finances.

“Without consultation, plans are frustrated, But with many counselors they succeed.”
Proverbs 15:22 (NASB)

Presione aquí para la versión de este artículo en Español.