Ask Ralph - Christian Finance
Ralph V. Estep, Jr.
Recent Episodes
Navigating the delicate balance of protecting a loved one's financial well-being while preserving their dignity is a heart-wrenching challenge, especially when signs of cognitive decline emerge. Ralph Estep Jr. shares a deeply personal story about how he helped a cherished client safeguard her life savings before it was too late, offering valuable insights for anyone in a similar situation. Through the lens of a listener's poignant question, he explores the emotional toll of witnessing a parent struggle with financial management and the fear of infringing on their independence, particularly when dealing with conditions like dementia. Ralph provides actionable steps to document warning signs, establish legal safeguards, and maintain open communication, all while emphasizing the importance of empathy and compassion—especially when mom has dementia. Tune in to discover how faith and practical strategies can empower you to support your aging loved ones without compromising their dignity.
Podcast Timestamps:
00:00 Episode Overview
02:22 Listener's Heartfelt Question
04:05 Gratitude Statement
05:06 Bible Verse - Exodus 20:12
05:55 Margaret's Story: Recognizing Cognitive Decline
11:16 Steps to Protect Your Loved Ones
16:58 Join the Live Community
20:27 Reflection Questions
21:30 Action Steps
26:20 Conclusion
Takeaways:
- Recognizing early signs of financial confusion in loved ones is crucial for intervention.
- Documentation of unusual financial behaviors helps protect seniors from potential exploitation.
- Establishing a durable power of attorney is essential for managing finances effectively.
- Maintaining open communication with elderly parents ensures their dignity is respected during intervention.
- Creating an emergency response plan can safeguard your parents' financial well-being.
- Regular monitoring of financial accounts helps identify suspicious activities or changes.
Links referenced in this episode:
- Ask Ralph Insiders Community https://mailchi.mp/askralph.com/group
- Ask Ralph Show Live https://askralphpodcast.com/live
- What is your question that you would like to ask Ralph? Send Your Question here: https://justaskralph.com/
- Join our email list and get a free copy of “Mastering Your Finances” at https://askralph.com/
WATCH NOW ON YOUTUBE (OUR VIDEO VERSION)
WATCH NOW ON RUMBLE (OUR VIDEO VERSION)
VISIT OUR ASK RALPH SHOW GEAR STORE FOR ALL KINDS OF COOL MERCHANDISE - ENTER THE CODE "FREEBOOK" FOR A FREE DOWNLOADABLE COPY OF MY BOOK "MASTERING YOUR FINANCES"
JOIN OUR FACEBOOK INSIDERS GROUP
Please share our Podcast with all your friends and family!
Submit your questions or ideas for future shows - email us at
[email protected] or leave a voicemail message on our podcast page
Like us on Facebook and follow us on Facebook at
https://www.facebook.com/askralphmedia Twitter (@askralphmedia) or visit www.askralphpodcast.com for more information.
To schedule a consultation with Ralph's team, contact him at 302-659-6560 or go to www.askralph.com for more information!
Buy Ralph's Book - Mastering Your Finances! on Amazon
Buy Ralph's Book - Gospel of Entrepreneurship: Following Jesus in Your Business Journey on Amazon
Feeling a sense of emptiness despite outward success is a common struggle, and today's discussion dives deep into this very issue. Peter, a successful CEO, grapples with how to integrate Christian principles into his business without compromising its success. Ralph Estep Jr. shares his own transformative journey from a life driven by human achievement to one rooted in faith and stewardship. He emphasizes that true prosperity comes from aligning financial wisdom with divine guidance, challenging listeners to see their businesses as ministries rather than mere ventures. With actionable steps and heartfelt stories, this episode encourages a shift towards a purpose-driven approach to personal finance and business operations, inspiring listeners to embrace true Christianity in their daily lives.
Podcast Timestamps:
00:00 Episode Overview
02:04 Listener Question: Balancing Business and Faith
05:28 Bible Verse: Proverbs 3:5-6
06:21 Ralph's Personal Journey: From Success to Significance
15:05 Call to Action: Gospel Book
18:09 Practical Steps for Integrating Faith and Business
19:15 Conclusion and Upcoming Topic
Takeaways:
- Breaking free from classic humanism by embracing true Christianity can transform your financial life.
- True prosperity is a journey in partnership with divine wisdom, not just human effort.
- Integrating Christian principles into business requires balancing profit with generosity and purpose.
- Daily prayer and scripture reading can set the foundation for successful business practices.
- Finding a mentor or joining a Christian business group fosters support for your spiritual journey.
- Your business should be viewed as a ministry, aligning success with God's purpose.
Links referenced in this episode:
- https://www.askralphpodcast.com/gospel
- Ask Ralph Insiders Community https://mailchi.mp/askralph.com/group
- Ask Ralph Show Live https://askralphpodcast.com/live
- What is your question that you would like to ask Ralph? Send Your Question here: https://justaskralph.com/
- Join our email list and get a free copy of “Mastering Your Finances” at https://askralph.com/
WATCH NOW ON YOUTUBE (OUR VIDEO VERSION)
WATCH NOW ON RUMBLE (OUR VIDEO VERSION)
VISIT OUR ASK RALPH SHOW GEAR STORE FOR ALL KINDS OF COOL MERCHANDISE - ENTER THE CODE "FREEBOOK" FOR A FREE DOWNLOADABLE COPY OF MY BOOK "MASTERING YOUR FINANCES"
JOIN OUR FACEBOOK INSIDERS GROUP
Please share our Podcast with all your friends and family!
Submit your questions or ideas for future shows - email us at
[email protected] or leave a voicemail message on our podcast page
Like us on Facebook and follow us on Facebook at
https://www.facebook.com/askralphmedia Twitter (@askralphmedia) or visit www.askralphpodcast.com for more information.
To schedule a consultation with Ralph's team, contact him at 302-659-6560 or go to www.askralph.com for more information!
Buy Ralph's Book - Mastering Your Finances! on Amazon
Buy Ralph's Book - Gospel of Entrepreneurship: Following Jesus in Your Business Journey on Amazon
Are you concerned about inflation eroding your savings? This episode dives into treasury inflation-protected securities (TIPS), a powerful investment tool designed to help safeguard your money from the damaging effects of inflation. Ralph Estep, Jr. shares insights on how these government-backed bonds can protect your purchasing power while offering a steady income stream. He highlights the importance of saving wisely and provides a compelling story about a teacher named James, who learned the hard way about the pitfalls of traditional bonds during inflationary times. Join Ralph as he explores practical steps to incorporate TIPS into your investment strategy, helping you achieve financial success while staying true to your values.
You can read the blog article here
Watch the video in Rumble here
Podcast Timestamps:
00:00 Episode Overview
01:40 Listener Question: How to Safeguard Retirement Savings
03:12 Biblical Perspective on Wealth Preservation
03:54 Real Life Story a Client
05:26 Understanding Treasury Inflation Protected Securities (TIPS)
06:18 Benefits and Challenges of TIPS
13:43 Community and Live Show Invitation
16:45 Action Items and Conclusion
Takeaways:
- Treasury Inflation-Protected Securities (TIPS) act as a hedge against inflation by adjusting principal value with rising inflation, helping preserve purchasing power.
- It is essential to consult with a financial advisor before investing in TIPS to ensure they fit your unique financial situation and goals.
- Investing in TIPS provides a steady income stream through semi-annual interest payments, supplementing retirement savings effectively.
- While TIPS are secure investments backed by the U.S. government, they typically offer lower interest rates than traditional bonds due to their inflation protection features.
- Be aware that you may owe taxes on phantom income from TIPS, which requires careful planning for tax payments on inflation adjustments.
- Consider allocating a portion of your investment portfolio to TIPS as a strategy for enhancing financial security during inflationary periods.
Links referenced in this episode:
- Ask Ralph Insiders Community https://mailchi.mp/askralph.com/group
- Ask Ralph Show Live https://askralphpodcast.com/live
- What is your question that you would like to ask Ralph? Send Your Question here: https://justaskralph.com/
- Join our email list and get a free copy of “Mastering Your Finances” at https://askralph.com/
- treasurydirect.gov
Companies mentioned in this episode:
- TreasuryDirect.gov
- Saggio Accounting Plus
- Ask Ralph Media, Inc.
WATCH NOW ON YOUTUBE (OUR VIDEO VERSION)
WATCH NOW ON RUMBLE (OUR VIDEO VERSION)
VISIT OUR ASK RALPH SHOW GEAR STORE FOR ALL KINDS OF COOL MERCHANDISE - ENTER THE CODE "FREEBOOK" FOR A FREE DOWNLOADABLE COPY OF MY BOOK "MASTERING YOUR FINANCES"
JOIN OUR FACEBOOK INSIDERS GROUP
Please share our Podcast with all your friends and family!
Submit your questions or ideas for future shows - email us at
[email protected] or leave a voicemail message on our podcast page
Like us on Facebook and follow us on Facebook at
https://www.facebook.com/askralphmedia Twitter (@askralphmedia) or visit www.askralphpodcast.com for more information.
To schedule a consultation with Ralph's team, contact him at 302-659-6560 or go to www.askralph.com for more information!
Buy Ralph's Book - Mastering Your Finances! on Amazon
Buy Ralph's Book - Gospel of Entrepreneurship: Following Jesus in Your Business Journey on Amazon
Have you ever received a notification that your Social Security number was found on the dark web? If so, you're not alone, and it's a terrifying experience that can leave you feeling vulnerable and helpless. Ralph Estep shares his own harrowing journey with identity theft, revealing the critical steps you must take immediately to protect yourself and your family. From reporting the theft to the Federal Trade Commission to filing a police report, Ralph outlines a comprehensive action plan designed to help you regain control. With practical advice and personal anecdotes, this episode provides essential insights into safeguarding your financial future while navigating the complexities of identity theft. Even if your Social Security number has already been compromised, Ralph's guidance will help you take proactive measures and restore your peace of mind. Tune in to learn how to turn panic into purposeful action.
https://www.askralphpodcast.com/already-been-compromised/
Podcast Timestamps:
00:00 Episode Overview
02:05 Listener's Urgent Question
03:27 Scriptural Guidance and Reassurance
04:17 Ralph's Identity Theft Story
07:17 Steps to Take After Identity Theft
13:41 Key Takeaway
15:40 Call to Action: How to Share the Show
17:49 Actions Steps You Can Take
21:58 Closing
Takeaways:
- If your Social Security number is found on the dark web, stay calm and act immediately.
- Reporting identity theft to the Federal Trade Commission is crucial for recovery planning.
- Filing a police report can be an invaluable step when dealing with creditors later.
- Consider placing a credit freeze to prevent new accounts from being opened in your name.
- Regularly monitor your credit report to catch any suspicious activity early on.
- Having a proactive plan in place could save you from devastating financial losses.
Links referenced in this episode:
- https://www.irs.gov/identity-theft-fraud-scams/get-an-identity-protection-pin
- https://www.identitytheft.gov/
- https://www.askralphpodcast.com/freeze-my-credit-file/
- Ask Ralph Insiders Community https://mailchi.mp/askralph.com/group
- Ask Ralph Show Live https://askralphpodcast.com/live
- What is your question that you would like to ask Ralph? Send Your Question here: https://justaskralph.com/
- Join our email list and get a free copy of “Mastering Your Finances” at https://askralph.com/
Companies mentioned in this episode:
- Norton
WATCH NOW ON YOUTUBE (OUR VIDEO VERSION)
WATCH NOW ON RUMBLE (OUR VIDEO VERSION)
VISIT OUR ASK RALPH SHOW GEAR STORE FOR ALL KINDS OF COOL MERCHANDISE - ENTER THE CODE "FREEBOOK" FOR A FREE DOWNLOADABLE COPY OF MY BOOK "MASTERING YOUR FINANCES"
JOIN OUR FACEBOOK INSIDERS GROUP
Please share our Podcast with all your friends and family!
Submit your questions or ideas for future shows - email us at
[email protected] or leave a voicemail message on our podcast page
Like us on Facebook and follow us on Facebook at
https://www.facebook.com/askralphmedia Twitter (@askralphmedia) or visit www.askralphpodcast.com for more information.
To schedule a consultation with Ralph's team, contact him at 302-659-6560 or go to www.askralph.com for more information!
Buy Ralph's Book - Mastering Your Finances! on Amazon
Buy Ralph's Book - Gospel of Entrepreneurship: Following Jesus in Your Business Journey on Amazon
