Core values that can shape your financial future no matter your income
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In the beginning of 2020, the world was going through unprecedented times and most people’s income and net worth were compromised. COVID-19 swept the globe for the first time and instantly investments that seemed safe, had their safety net cut beneath them.
Not only was this a global health crisis, but it was also a financial crisis. Along with widespread panic, people lost their jobs faster than the news could report. Worldwide, pictures circulated that showed people falling into the frenzy, like the infamous image of a man at a grocery store with two carts full of toilet paper.
The chaos made many realize the importance of financial principles that stand the test of time. There are a lot of strategies that may be good for a season because of a tax break or a law change, and this blog will highlight those, but it will also strive to focus on core values that can shape one’s financial future whether they make $20,000 or $2,000,000 a year.
Read MoreAbout Ryan Eaton
Registered Investment Advisor, Certified Annuity Specialist, Licensed Realtor, and Insurance Executive
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With a degree in Insurance, Risk Management and Financial Planning, Ryan Eaton headed off to Florida to sell real estate between Destin and Panama City Beach. What he thought was going to be the time of his life ended quickly when Hurricane Katrina hit the Gulf Coast and quickly flipped the real estate market upside down. With Hurricane Ivan the year before, insurance rates skyrocketed, and buyers disappeared – with the market going from 360 closings in August to only 17 in September. Since, the market has changed.
Ryan decided it was time to head back home to the state of Mississippi. Shortly after moving back, he started work for his family’s insurance agency, got marries, and had his first son. During those early years of marriage, he purchased foreclosures and rental properties (some good and some bad). He sold personal real estate and helped close transactions of commercial real estate, all while learning some valuable lessons with those investments during the first five years of marriage.
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