Michael Beal - Financial Advisor

Michael Beal - Financial Advisor Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Michael Beal - Financial Advisor, Financial Consultant, 6663 N Glenwood Street, Boise, ID.

Helping Catholic Execs & Sales Professionals Live & Give More | Former High Volume Sales and Management Professional | Passionate About Building Wealth Systematically Without Sacrificing Morals | Prov 21:20 / 1Tim 5:8

Here is what a Catholic business owner should have in their financial plan: 1. Faith: Does your money reflect what you a...
08/10/2026

Here is what a Catholic business owner should have in their financial plan:

1. Faith: Does your money reflect what you actually believe?

2. Cashflow: What's coming in and what's going out? How do you track this?

3. Tax Planning: Are you paying more than you have to because nobody looked at your account structure or your timing. Roth conversions, DAF gifts against a high income year, R&D credits... Are those relevent this year?

4. Investment Strategy: Is your risk level right for where you're at, and separately, does the money reflect your values?

5. Business Strength: What does retiring actually mean for your business? Do you have the paperwork and clarity in place to make that a reality? Are your decisions based on real numbers?

6. Retirement: Does your current plan get you to the actual life you want? Have your numbers been stress tested?

7. Legacy Planning: Memento mori. What happens when you're gone? Has that been put in writing?

8. Risk Management: What's the one risk that would take the whole plan down with it. How can we plan for that?

Does your plan actually walk through all eight? Shoot me an email and I'll walk you through this same review.

$2,300,000 at 70 was going to provide a great retirement for this guy. Unless one stock had one bad week.He’d contribute...
08/06/2026

$2,300,000 at 70 was going to provide a great retirement for this guy. Unless one stock had one bad week.

He’d contributed to his IRA diligently across his career, liked tech, and placed a sizable bet on a GPU manufacturer years back. That position was up well over 1000%, worth around $1,500,000, sitting inside a traditional IRA. RMDs started in three years.

He knew all investing involves risk, including the possible loss of principal. He knew there is no assurance that any investment strategy will be successful. He knew his position was concentrated. He didn’t want to hear “sell.” That stock made him a multimillionaire, and it felt like betting against himself to sell any of it.

In the end, he didn’t become a client. As far as I know, he’s now approaching RMDs with more than half of his portfolio in one stock. He knew the right steps to take, he just couldn’t bring himself to take them.

08/05/2026

Hot take: If you don't have a tax strategy behind your giving, you're being wasteful, not more meaningful.

A lot of people I talk to start to feel a little uncomfortable when we talk about putting a tax strategy in place behind their charitable giving. After all, aren't we supposed to not let our right hand know what our left hand is doing?

I absolutely agree that we should be giving without reservation, and as generously as possible, but to do so without a plan or strategy for how that will impact taxes is just bad stewardship.

Take someone giving $20,000 a year straight from a checking account. Restructure that through a donor-advised fund and bunch two or more years into one, and depending on their bracket, a meaningful chunk of what would've gone to taxes ends up going to the parish instead.

Planning ahead for the giving that you'll already be doing doesn't make it less generous. Not planning ahead does make it less efficient.

08/04/2026

I was told to fire the same guy 3 months in a row. I didn't. Month 4 he was in the top 30% of my team.

When we brought this guy onto the team, he wasn't particularly noteworthy. That's what I liked about him. He wasn't breaking records, nowhere close, but he doubled the dials of his peers and applied what I showed him immediately.

Months 1, 2, and 3 he missed quota at each time. 40% under, then 30%, then 25%. I got that list with his name on it each time. I could have given in and done what they asked, and gotten a shot at replacing him with someone that crushed it from day one. I saw the steady progress and the effort, so I refrained.

Month 4 it finally clicked. 130% of quota. The incremental improvements compounded.

There was a real cost, but I'm glad he got that chance.

Was talking to a family friend at a wedding this weekend. She said she needed help. Turned out the "help" she'd already ...
08/03/2026

Was talking to a family friend at a wedding this weekend. She said she needed help. Turned out the "help" she'd already gotten was her friend's son trying to sell her life insurance.

That's the industry in one sentence. You show up needing clarity and someone hands you a product instead, because there's a number to hit that month. AUM, life insurance, annuities, doesn't matter which.

When I started, I split advice from ex*****on. She'd pay me for a plan, nothing else, no product tied to it so there's nothing for me to steer her toward. She wanted to know if she was on the right track to retire on time. If she needs something executed later and it makes sense, fine. If not, also fine. I already got paid for the plan, not the sale.

She just wanted someone to tell her the truth. That shouldn't be the hard part.

A 157 AQI is the same as smoking 2.5 to 3 ci******es a day.My brother in law didn't know that when he picked today for h...
07/31/2026

A 157 AQI is the same as smoking 2.5 to 3 ci******es a day.
My brother in law didn't know that when he picked today for his wedding.

There's what you control. What you influence. And what just happens to you.
The weather today is the third one. The wedding will be untouched because the venue was inside.
That's how he moved it to the first group.

Most of financial planning is just like that. Moving as many things as you can from column three into column one. Before you need to.

I've seen medical bills bankrupt families because they hadn't shifted that to column one.
I've seen a judge's decision drive a wedge through a family because a will wasn't in that first column.
I've seen self-made men work themselves to an early grave because they never decided who should take over after them.

Small losses compound in column three. Small wins compound in column one.

Harvested my first tomato last night. Planted them about 3 months ago.Here's what I learned about business from my tomat...
07/30/2026

Harvested my first tomato last night. Planted them about 3 months ago.
Here's what I learned about business from my tomatoes:
Just kidding.

Seeing the fruits of it though. Literally.

It's too easy to only talk about the money. The question this guy was asking was "What's next?"Here's how I would help h...
07/29/2026

It's too easy to only talk about the money. The question this guy was asking was "What's next?"

Here's how I would help him answer that:

If money wasn't a factor, what would your perfect day look like?
What gifts have you been given that you feel called to use?
When you pass, what do you want said about your life? What would be said of it today?

The first question is the easy one, but few have given themselves permission to make it happen.

The next two, most people don't have those answers on the tip of their tongue. That side of the plan matters as much as the money does.

We were spending $250 to $300 a month on coffee shops.Both of us used to be baristas. We knew good espresso, and we were...
07/28/2026

We were spending $250 to $300 a month on coffee shops.

Both of us used to be baristas. We knew good espresso, and we weren’t going to drink bad coffee at home. So every week, coffee shops.

As soon as we got married, we started using a budgeting app. One category kept showing up bigger than it should’ve: coffee.

It felt non-negotiable. We’d quit drinking so coffee was our last refuge, but we did the math. At $275 a month, we’d spend over $3,000 in a year on drinks we could make ourselves.

So we bought an espresso machine and grinder off Amazon in April. $632.20.

It has officially paid for itself. Over 30% ROI. Per month.

I can't count the number of times politics have come up over coffee and donuts. But I don't think finances ever have... ...
07/24/2026

I can't count the number of times politics have come up over coffee and donuts. But I don't think finances ever have... Seems like Catholics are more comfortable talking about politics than money because politics feels like a moral position and money feels like a confession.

Money reflects our priorities and our sacrifices. Politics is a choice we can make without sacrifice.

Am I wrong?

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6663 N Glenwood Street
Boise, ID
83714

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