Simplified Financial Coaching

02/06/2023

Just saying…

This time 15 years ago, things were good. Had a job making the most money I had every made, kids were well and doing good in school and the wife had the job she would go back to today if they offered it to her.

2008 looked promising.

In May of that year…
My job was elimated, starting 18 months of un/under employment.
My youngest started on a ride she is still on, having type 1 diabetes.
Things got really crazy and tight for a long time.

And we survived…

With a lot of help, understanding and support. We are all still here and doing better than we were nearly 15 years ago.

Can I help? My wife tells me the answer is always no unless you ask. Call and leave a message, I hate spam as much as everyone else so I may not pick up the first time.

05/02/2021

How long do you work each month just to pay for your car, credit card and other debts?

When I was in school, I hated word problems. Let's see if this word problem you can do.

Add up how much you pay in one month on your debts (not including your house payment or rent). Divide that number by your hourly rate of pay to see how many hours it takes each month to just pay theses bills. You will have to add a few hours to that number to make up for what you lose to taxes.

For a simple example:

Hourly pay: $20/hour

Car payment: $350
Credit Card 1: $125
Credit Card 2: $ 65
Personal loan: $200
Total: $740 divided by $20/hour

37 hours per month just to pay these bills. With taxes removed, can we say 40 hours...1 normal week per month?

Do the math for yourself and if you don't like the answer...I can help you change that. Call Jeff at 704-654-6620 and let's change this.

04/15/2021

It's hard to do something new but can you afford to keep doing what you have always done?

04/15/2021

Are you there yet?

Have you reached the point where you know there is a better way to handle your money, you just wished you knew what it was? I was taught in school (pre-1980) how to balance a check book but then went prodigal son on most of the lessons I saw and should have learned from my parents.

I had most of what you would expect; a mortgage, the HELOC (another name for 2nd mortgage), car loan, credit card with balances, a wife and two daughters and was living paycheck to paycheck. Then father-in-law had some health issues and rather than have my hard working wife run between two houses after working all day, we decided to sell our house of over 22 years and moved in with them. That forced us to get rid of both mortgages and left us with extra money for the first time in a looong time. Around this time, I started paying more attention and relearned some basic money handling rules. It still took time and work but the car loan and credit card balances are no longer in the picture.

Where are we now? Debt free except for the townhouse we bought nearly two years ago with a 20% CASH down payment on a 15-year loan. Every week, money goes into both our retirement and regular savings accounts. IF my wife and I BOTH lost our jobs tomorrow, there is enough money in savings to cover our living expenses for over three months. Am I bragging…no, just making a statement of facts.

Can you say the same?

Would you like to be able too?

With some time, work, willingness to make some hard decisions while following the game plan…you can. I can help with that but you have to invite me in. Call Jeff at 704-654-6620, let’s talk it over and see what it will take to get you there. It costs nothing to talk and with where you may be today, can you afford not to call?

09/29/2020

It has been sometime since I made a post here. Life has happened just like with everyone else.

I am happy to report that in May of this year, my family reached a huge step in our life. With everything else going on in the world, we are now debt free except for our house! Since then we have continued to have life happen while adding money every week to savings AND retirement accounts.

I am here to help anyone reach this step and higher with a plan already used by millions. When can we talk?

Use my Calendly website address (calendly.com/sfcwithjeff-frey) to schedule a date and time for a one hour FREE consultation where we will focus on your issues and help you take control of your finances.

Welcome to my scheduling page. Please schedule single questions with the 15 minute phone call, all others use the consultation.

04/14/2020

Confused, worried, thinking about panicking...

Before you continue down this road, stop for a moment and think about this.

Do you have what you need to get through today?

Do you have food to eat?
Do you have a place to stay?
Are the lights still on and the water still running?
If you had to go somewhere, will the car get you there and back?

If you can answer YES to all of these, you CAN get through---TODAY!

Then think about this: Do you have what you need to get through tomorrow?

Will you have food to eat?
Will you have a place to stay?
Will the lights still be on and the water still running?
If you have to go somewhere, will the car get you there and back?

If you answer YES to all of these, you CAN get through Tomorrow!

If you can get through today and tomorrow, you have time to get the rest of your financial life together and turn your life around. Not sure you can do it alone, let me join you and together you can make it. Contact Jeff today to get the help you need. Call 704-654-6620 or email me at [email protected].

04/01/2020

What are you planning to do with the money?

The government has decided to sent most people a check for $1200. What are you going to do with the money?

A. Pay bills.
B. Put it in savings for the next rainy day.
C. Have already spent the money by buying things on credit.
D. I have no idea what you are talking about.

03/27/2020

Which are you afraid of, the virus or the effects of it? Want some help to overcome your fear? Check this out and let me know if I can be of help.

Now is the perfect time to get the plan and tools you need for your money and career. These deals will help you create a budget, keep your family on track, find new and meaningful work, or give generously. No matter where you are, hope is here.

03/26/2020

Forced to stay home, want to binge watch something? One of the great ways to learn about a plan to get out of debt is a 9 lesson class, Financial Peace University. Normally meeting once a week for 9 weeks, everyone is being allowed to see the entire class during a 14-day trail for FREE. Below is copied directly from daveramsey.com.

Financial Peace University

You WILL make it to the other side of this. For the first time ever, we’re giving you a Financial Peace Membership FREE for 14 days. You’ll receive all nine lessons of Financial Peace University, plus the EveryDollar Plus budgeting app—free for two weeks! If you’ve been waiting for a sign to know if this proven plan works, here’s your sign. Watch from home and get started today!

As a Ramsey Preferred Coach, I am available to help you over come some of the financial challenges coming in the days ahead. As a coach, I can not do the work for you but will show and help you understand a plan used by millions over the last 30 years. There is no better time to start than today. Reach out to me here or at calendly.com/sfcwithjeff-frey to schedule a time to discuss your financial situation.

03/26/2020

As a Ramsey Preferred Coach, I wanted to share this announcement with everyone and remind you if you want help in these trying times with your current financial situation, we are here to help. Reach out to me here or at calendly.com/sfcwithjeff-frey to schedule a time to discuss what you can do to get pass this financially.


Ramsey Solutions Newsletter March 25, 2020
A Message of Hope

It might seem scary out there right now. But there's also good news, and we've got a message of hope for you, your family and your friends. Why? Because hope is greater than fear. And as Dr. John Delony says, when you're in a crisis, facts are your friends.

Join us on Thursday, March 26, at 7 p.m. CT for A Message of Hope, a free livestream we're hosting on daveramsey.com. I'll be live with Rachel Cruze and Ken Coleman, and we're going to be super clear on what you should be doing right now to get through this.

Text HOPE to 33789 to be reminded about this free livestream event.

02/07/2020

R: Ramsey Preferred Coach

Too many people send way too much time trying to figure out their money problems, why they cannot get ahead, where did the money go? Are you one of these?

As a Ramsey Preferred Coach, I have a plan used by people over the last 30 years to overcome these problems. I walk alongside you as you put in the effort required to follow the plan, making you the master of your money and the hero of your financial story.

You are the key to this! You decide what is happening to you.
You decide if you keep going the way you are or make a change. Decide to change and I can help. Contact me for more information.

01/27/2020

Q: Qualification

What are my qualifications to help you with your finances? I would tell you about the Dave Ramsey Financial Coach Master Training program I completed and how I have successfully put some of that training to work in my own life. The part on student loans I haven't use since the only student loan I ever had was back in the 1980's.

Just as important as the training are my life experiences. I have purchased (with my wife) 3 house with loans, insurance to cover both houses and cars, invested in retirement accounts and decided how much to spent on furniture, vacations and a thousand other items. I will also admit to mistakes, like when I went to buy flowers one year for Valentine's day. No cash, debt card declined and I pulled out a nearly maxed out credit card, afraid it too would be declined. Not a comfortable feeling!

Let's talk and see what we can get done. Message me today!