Family Dynasty Advisors LLC

01/15/2025

Most millionaires don’t drive fancy cars—and that might surprise you.
The truth is, most millionaires live simple, disciplined lives. They don’t waste money on luxury cars or big mansions. Instead, they follow a proven plan, avoid debt, and let their wealth grow over time.

01/13/2025

It's never too early to start thinking about how you want to spend your time -- and your money -- in retirement. Check out these lesser-known retirement facts that will help you prepare.

It's never too early to start thinking about how you want to spend your time -- and your money -- in retirement. No matter if you're hoping to retire as early as possible or plan to work until you...

01/10/2025

01/08/2025

Personal finance isn’t complicated. But most of us weren’t taught the basics.

If that’s you, here are 10 things you should do to win with money:
1. Plan
2. Budget
3. Live below your means
4. Cash reserves
5. Company match
6. Pay off high-interest debt
7. Open an IRA
8. Automate
9. Keep learning
10. Enjoy

01/07/2025

80% of NFL players go broke in their first three years out of the league according to Sports Illustrated.

Not Rob Gronkowski. Rob, aka ‘Gronk’ earned more than $70 million over 11 seasons in the NFL.

But one thing you might not know about Gronk is that he’s a big saver. Early in his career, he decided to save all his game paychecks and live off endorsement money instead.

His brand deals include:
• Lyft
• Visa
• Tide
• USAA
• T-Mobile
• Cheerios
• Dunkin’ Donuts
• Monster Energy Drink

"The whole point of saving throughout my NFL career was to be set for after football because you don't know how long football will last… Get what you need to be comfortable, save the extra.”

The lesson? Be like Gronk—save your money.

01/06/2025

ETFs and Mutual Funds provide both benefits and drawbacks, and hinge strongly on an individual’s investment preferences. Which do you fall in?

While investing is a significant step towards achieving your financial goals, navigating the ins and outs requires a keen understanding of the options available in the market. One such common crossroad encountered by investors is the choice between Exchange-Traded Funds (ETFs) and Mutual Funds. Unde...

12/27/2024

Do you understand your cash flow?
Personal cash flow refers to money moving in and out of your finances during a set period of time (usually monthly or yearly).

• 𝗜𝗻𝗰𝗼𝗺𝗲: Money you earn from working.
• 𝗦𝗮𝘃𝗶𝗻𝗴𝘀: Money you set aside each month for emergencies and future purchases. It's how much of your income you *contribute* to savings, not the total balance.
• 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀: Money you invest each month to build wealth. It's how much of your income you *contribute* to investments, not the total balance.
• 𝗘𝘅𝗽𝗲𝗻𝘀𝗲𝘀: Money you spend each month to cover both your needs and wants.

12/17/2024

Personal finance numbers you should know:
💰 your net pay
💸 your average monthly expenses
📈 your surplus
🏦 your investment rate
🏆 your net worth

12/16/2024

Tailored 401(k) and 403(b) advice for employees. It’s about real conversations and prioritizing what matters most.

Empower your team with the tools they need to build a secure financial future.

Active management for your personal account.

12/09/2024

Just 1 Week Left to cast your vote for Lubbock’s Best Financial Planner!

Only the top Lubbock businesses, chosen by your votes, earn the honor of being named the best.