3 Key Takeaways:

1. Personal GoFundMe vs. Direct Charity Donations Donating through GoFundMe for Peanut the Squirrel may not benefit the actual sanctuary. Instead, funds are linked to an individual, not the nonprofit organization, which raises concerns about where the money is truly going.
2. Tax Deductibility Concerns Contributions made through GoFundMe may not qualify as tax-deductible donations, even if Peanut's sanctuary has legitimate charity status. This oversight could mean donors miss out on potential tax benefits.
3. Avoid Unnecessary Fees Using platforms like GoFundMe can incur a 2.9% processing fee, reducing the amount that goes directly to the cause. Direct donations to the charity are more efficient and ensure more funds support the animals.

3 Memorable Quotes:

1. "If this isn't tax deductible, the money doesn’t have to go to the nonprofit, and it doesn't have to be reported on their 990."
2. "2.9% of your donation is going to a third-party processing fee, which means less support for the animals you care about."
3. "There are ways to give appreciated stock directly, saving up to 22.9% in fees and taxes—money that could go straight to the cause."

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*Disclaimer: This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. This is strictly for information purposes. We recommend you speak with a professional financial advisor.

Call For Justice for Peanut the Squirrel and NYSDEC Reform

P'Nut (Peanut) GoFundMe Page: https://www.gofundme.com/f/support-peanuts-return-to-pnuts-freedom-farm

This is not an endorsement or encouragement to donate to this cause. This is purely for reference. This is NOT a paid promotion or advice to donate to this cause. We are simply bringing awareness. A.B. Ridgeway Wealth Management is not responsible for any decisions made that may result in a loss of money based on the material presented. Please use your own discretion when making financial decisions.

Episode Overview:

In this engaging episode, A.B. Ridgeway dives into a gripping story about Peanut the squirrel, a beloved internet sensation whose life took a tragic turn following government intervention. A.B. offers a unique perspective by shedding light on the financial implications behind such emotionally charged events and provides a guide on protecting your generosity from scams.

3 Key Takeaways:

1. Verify Charitable Organizations Before Donating: A.B. emphasizes the importance of checking the legitimacy of nonprofits, especially those that spring up following viral events. He walks listeners through tools like the IRS website to ensure contributions go to real, certified causes.
2. Understand Emotional Appeals: The internet often capitalizes on emotional stories to fundraise. A.B. advises staying vigilant and making informed decisions rather than acting purely out of sympathy.
3. Impact of Public Outcry on Government Actions: This case illustrates how social media can amplify controversies, making it crucial to discern facts from opinions in the court of public opinion.

3 Memorable Quotes:

1. “I don’t want you to be ripped off because your heartstrings are pulled.” — A.B. Ridgeway emphasizes the need for financial discernment when supporting viral causes.
2. “Brothers and sisters, this is not my specialty. The court of public opinion is not where I shine.” — A humorous reminder that A.B. focuses on facts and financials, not gossip or speculation.
3. “Let’s make sure we are looking at the right things before we put our money out there, right or wrong.” — A call to action for listeners to do their homework and safeguard their charitable intentions.

This episode not only highlights the emotional power of social media stories but also arms listeners with practical steps to navigate the financial side of viral narratives responsibly.

💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!

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📖Free E-Book- 4 Pillars to Christian Investing: https://mailchi.mp/abrwealthmanagement/christianinvesting

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*Disclaimer: This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. This is strictly for information purposes. We recommend you speak with a professional financial advisor.

In this episode, A.B. Ridgeway delves into the controversy surrounding Gateway Church, where members allege that millions of dollars in tithes were misused. This lawsuit against the Texas megachurch raises questions about financial transparency, biblical stewardship, and the responsibility of church leaders. Ridgeway breaks down the court proceedings, examines the promises made to the congregation, and discusses the importance of financial accountability within faith-based organizations.

3 Key Takeaways:

1. Transparency in Tithes Is Essential for Trust Members expect their tithes to be used in alignment with biblical principles. When leaders fail to meet these expectations, it can lead to legal action and erosion of trust within the congregation.
2. Biblical Stewardship and Personal Accountability Giving back to the community or church should be done with discernment. It’s a believer’s responsibility to ensure their contributions align with their values and that funds are managed appropriately.
3. The Distinction Between Individuals and the Church Itself Ridgeway emphasizes that while church leaders may falter, they do not define the church. Congregants should hold leaders accountable without feeling they’re questioning their faith or the church’s integrity.

3 Notable Quotes:

• "People in the church are not the church. It is the accumulation of all the people together that makes up the church."
• "We can't be lazy, brothers and sisters, and just move the decimal point over...It is our responsibility to make sure the money we're giving is going to make an impact."
• "As a Christian financial advisor, I run into this all the time. People think that they can just put Jesus in front of everything and then act like everything's okay."

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*Disclaimer: This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. This is strictly for information purposes. We recommend you speak with a professional financial advisor.

In this episode of Financial Advisors Say The Darndest Things, host A.B. Ridgeway dives into the pros and cons of using credit cards for everyday purchases. With credit card interest rates in the double digits and Americans collectively owing over a trillion dollars in debt, this discussion raises important questions about the financial wisdom of credit card dependency.

Key Takeaways

1. Know Thyself: Credit cards can offer great rewards, but only if you have the money management skills to handle them. Without the ability to pay off balances in full, these cards can quickly turn beneficial rewards into financial pitfalls.
2. Compound Debt Warning: Just like compound growth works in your favor, compound interest on debt can work against you. Paying only the minimum means interest accumulates on interest, creating a “snowball effect” that can lead to overwhelming debt.
3. Credit as a Trust System: Your credit score is essentially a trust score. Building good credit through responsible usage (and timely payments) is essential not only for lower interest rates on loans but also for building trustworthiness with lenders, employers, and landlords.

Memorable Quotes

• "If you don't have the funds to make the rewards worthwhile, credit cards can be very dangerous."
• "Using credit cards and not paying them off is like taking a micro-loan for every small purchase."
• "Your credit score is like walking around with a number on your head that tells people how good you are at paying back money."

This episode encourages listeners to reflect on their financial habits, understand the risks of credit card debt, and prioritize good money management skills to avoid long-term financial strain.

💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!

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📖Free E-Book- 4 Pillars to Christian Investing: https://mailchi.mp/abrwealthmanagement/christianinvesting

🏠 Visit our Website: https://www.abrwealthmanagement.com

*Disclaimer: This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. This is strictly for information purposes. We recommend you speak with a professional financial advisor.

In this episode of Financial Advisors Say The Darndest Things, A.B. Ridgeway delves into a historic financial scandal involving TD Bank, which has been fined a record-breaking $3 billion by U.S. authorities for money laundering violations. He explores how this case sheds light on the financial industry's vulnerabilities to criminal networks, especially drug cartels, and discusses the responsibilities financial institutions have in preventing illegal transactions. Tune in as A.B. breaks down key insights from the court case, regulatory implications, and what everyday listeners need to know to safeguard their own finances.

3 Key Takeaways:

1. Historic Fine and Admission of Guilt TD Bank faced a record-breaking $3 billion fine from U.S. regulators, marking the first time a bank has pleaded guilty to conspiracy to commit money laundering in the United States. This fine is part of a larger crackdown on financial institutions involved in illegal activities.
2. Cartels and the Compliance Gap For nearly a decade, TD Bank allegedly enabled criminal organizations to launder money through its system by bypassing compliance protocols. This involved 92% of transactions going unmonitored, which amounted to approximately $18.3 trillion over six years.
3. Implications for Financial Integrity The case sheds light on the responsibilities of banks to detect and report suspicious activities. With measures like Know Your Customer (KYC) and Customer Due Diligence (CDD) in place, the question arises as to why TD Bank’s internal processes failed to prevent these actions.

3 Notable Quotes:

• "By making its services convenient for criminals, TD Bank became one." — Attorney General Merrick Garland
• "This is the first time a bank has admitted to these charges... in most cases, banks settle and neither confirm nor deny the charges." — AB Ridgeway
• "Anti-money laundering is an international web of laws... aimed at uncovering money disguised as legitimate income." — AB Ridgeway

These insights emphasize the importance of robust compliance measures in banking and the severe consequences when these systems fail to prevent illicit activities.

💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!

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*Disclaimer: This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. This is strictly for information purposes. We recommend you speak with a professional financial advisor.

In this episode, host A.B. Ridgeway discusses the latest financial trend of 2024: "Loud Budgeting." Inspired by TikTok, this movement emphasizes openly setting financial boundaries and staying accountable to one's goals. A.B. explores the positives and potential pitfalls of this trend, emphasizing a Christian perspective on managing money wisely for the glory of God.

Key Takeaways

1. Loud Budgeting is a Statement Rather than being subtle, "loud budgeting" encourages people to openly share their financial boundaries, empowering a culture where it's acceptable to prioritize financial health over excess spending.
2. Being Cost-Conscious vs. Stingy Loud budgeting isn't about hoarding or being stingy; it’s about making informed decisions and addressing small financial leaks that can drain resources over time.
3. The Importance of Goals and Priorities Setting financial goals and understanding the purpose of money—as a tool for God's glory—helps individuals stay committed to budgeting and avoid frivolous expenditures.

Memorable Quotes

1. "We don't own anything; we are only using it for God's glory."
2. "It's not about being stingy; it's about being cost-conscious."
3. "The best thing you can do for the kingdom is to get out of debt so you can be a cheerful giver."

💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!

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📖Free E-Book- 4 Pillars to Christian Investing: https://mailchi.mp/abrwealthmanagement/christianinvesting

🏠 Visit our Website: https://www.abrwealthmanagement.com

*Disclaimer: This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. This is strictly for information purposes. We recommend you speak with a professional financial advisor.

In this episode, A.B. Ridgeway dives into the recent sentencing of Caroline Ellison, former crypto executive, who played a significant role in the FTX fraud scandal, leading to billions in losses for investors. Ellison received a two-year prison sentence and a hefty financial penalty, which has sparked debate about justice in financial crimes. A.B. discusses the ripple effects of white-collar crime, the ethical dilemmas it presents, and the spiritual implications of such actions.

Key Takeaways:

1. The Discrepancy in Justice for Financial Crimes The two-year sentence for Ellison, given the scale of the FTX fraud, raises questions about consistency in sentencing, especially when compared to harsher penalties often faced by low-level offenders.
2. The Human Impact of Financial Fraud Financial crimes like the FTX fraud don’t just impact finances; they dismantle family legacies, affecting generations and leading to long-term societal consequences.
3. The Importance of Integrity in Wealth Management A.B. emphasizes the role of faith and morality in finance, underscoring that a God-centered approach to money management should prevent such destructive actions. Financial advisors must keep humanity and integrity at the core of their work.

Notable Quotes:

• "This individual stole billions from families, destroying legacies, yet she only gets two years, while others are behind bars for much less."
• "When you lose touch with humanity, people start to become numbers, and that’s a scary thing about finances."
• "How can a God-fearing person do this to an individual? This is why faith must ground our decisions in finance."

💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!

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📖Free E-Book- 4 Pillars to Christian Investing: https://mailchi.mp/abrwealthmanagement/christianinvesting

🏠 Visit our Website: https://www.abrwealthmanagement.com

*Disclaimer: This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. This is strictly for information purposes. We recommend you speak with a professional financial advisor.

A.B. Ridgeway’s insights emphasize the importance of early saving, thoughtful spending, and a spiritual approach to wealth. By mastering these fundamentals, listeners are empowered to be both financially successful and spiritually grounded.

3 Key Takeaways

1. Start Early and Stay Consistent The earlier you begin saving, the greater the financial impact. Starting today is the next best thing to starting yesterday, so take action now for long-term rewards.
2. Set Clear Financial Priorities Make wise choices about what you spend on. Remember, saying “yes” to one thing often means saying “no” to another. Focus on what aligns with your goals and values.
3. Embrace Financial Stewardship Recognize that ultimately, “God owns it all.” Use your resources to live well, help others, and leave a legacy. Balancing spending, saving, and giving is key to a fulfilling financial life.

3 Memorable Quotes

1. “Treat every dollar like a newborn child. You can’t save money if you don’t know where it’s at.”
2. “You can always save and buy anything that you want, but you can’t buy everything. So choose wisely.”
3. “If you don’t get these things right, no amount of money that you make is going to help you.”

💵Sign up for a Christian Finance Consultation and create your Financial Plan Today!

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📖Free E-Book- 4 Pillars to Christian Investing: https://mailchi.mp/abrwealthmanagement/christianinvesting

🏠 Visit our Website: https://www.abrwealthmanagement.com

*Disclaimer: This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. This is strictly for information purposes. We recommend you speak with a professional financial advisor.

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