I received the below note from a person who is on staff at a church where we taught the Financial Learning Experience.
Hey it’s [name protected] from [name protected] Church. Last time we talked I had sold my vehicles and budgeted to where we had paid off about $40K. I asked your opinion on stock, sold it like you suggested and we are now DEBT FREE and have our emergency fund complete. We were blessed to pay off a total of $55K and finish the emergency fund in 2 1/2 years.
Now, I really need to open a roth IRA because I want to begin retirement, but I need some wisdom as to where. Do you have any suggestions? I want to make sure it’s a reliable place with the best return possible. Definitely wanted your opinion before making any moves. Thank you so much for all your help along the way.
We receive these types of stories regularly, and I haven’t shared them enough! In 2.5 years, this person was able to take control of their “average” financial situation and turn it into a “great” financial situation. Now they are prepared to fund their Roth IRA. Reminds me of Proverbs 21:5 – “The plans of the diligent lead to profit; as surely as haste leads to poverty.”
Way to be diligent!!! It is leading to profit!