Michael Sokolik Jr.

01/20/2023

Well, here it is y’all! Yes you’re reading that correctly. I am now officially a Financial Advisor!
To say I’m excited is an absolute understatement. Boy am I excited. It’s been a many months of studying book after book. Video after video, exam after exam. But I passed all 3 required to get to this point. Books and study is not my strong point. And test taking, forget it man! But God is far more miraculous than my mind can comprehend, I passed because of Him. Trust me.

Home remodeling was good to me and my family. I want to thank Victor Conway for the years of torment and partnership we had in the success of Conway Builders. My mother Jill Marie Conway for being my mom. Her encouragement to me means the world to me. To my wife Stephanie L. Sokolik- for putting up with my bad attitude when I didn’t understand the things I was studying 😳 thanks darling I love you! 💕
Of course all my children for praying over dear old dad to pass and always encouraging me! Thank you to those who knew what I was up to and your support. And to those who at Intervest International believed in me that I could be on their team. And a big shout out to Pass Perfect for the study materials and the challenges they gave- and to Capital Advantage Tutoring on YouTube, couldn’t have done it without his videos and the “quick and dirty” 😀

12/01/2022

It’s a big world out there- but the reality of our time in it is short!
That’s why you haven’t seen me here teaching and promoting my career. The objective has changed, slightly- it was a temporary business model that has been in a transition since July.

I’m excited to announce that I’ll be making an announcement in Late Jan - early February regarding my new business model for financial management. It’s going to be great and I cannot wait to assist you moving forward. So please stay tuned!

08/19/2022

Budgeting is not an overnight fix to be debt free

To stop using debt is not an overnight fix to be debt free

To get a second (temporary) job is not an overnight fix to be debt free

To invest today is not an overnight wealth builder for tomorrow when you wake.

All of these steps, and many more, are steps to set you up along the path of financial obedience/management. They’re not overnight phenomenons that make you successful. You’re breaking bad behaviors, and creating a new lifestyle of how you handle money. Expect tough times, but with an overwhelming peace ✌️!

Let’s do this yall!

08/02/2022

Stocks, bonds, mutual funds, yields, recession, bull market, words, words, words,… 😱
Overwhelming ain’t it? Look, before you get in to all the things i mentioned, what are you doing at home?

Really, what are you investing in at home? Are you investing in work because you cannot afford to live and have debt? Are you debt free yet still broke? Are you not saving for retirement because you don’t know how? Where you at?

As a professional financial coach I can help you get to where you are going. I won’t do it for you, I’ll walk with you and guide you to make your own choices.

Wanna break free from the bo***ge of debt? What about financial struggle? How about a fresh start to your financial life?
Let’s chat for FREE! That’s right, consultations are FREE, and plans run 6-12 months depending on your situation.

07/27/2022

These photos represent one of many reasons why my household chooses to live debt free!

You see, coaching my sons baseball team, driving my high schooler hours away multiple times a week for basketball travel games, and travel to MUSC for my youngest deaf child’s Dr appointments,; are all reasons why we live debt free.

If we chose to live with debt, these opportunities would be limited, there would be reduction in income because of the hours left early from the job- and the repayment in interest to a bank.

We are free to put our priorities above interest payments to the bank. In my household, the priority order is as follows(and has detail to each listed but we won’t get in to that)
1.Love God 1st
2.Love my wife above anyone else
3.Love and instruct my children before anyone else
4.Love others

Being debt free allows us to serve God, not money. Debt does not make one serve money above God, but the symptoms of debt CAN(not will, but can) cause a man to go astray.
***“For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.”
‭‭1 Timothy‬ ‭6:10‬ ‭NIV‬‬

Being debt free allows me to love my wife above paying the next bill. Debt freedom reduces stress and anxiety in marriage, and helps reduce money fights. A leading cause of divorce in America!

Being debt free allows me to be present in my childrens lives. Present to love, instruct, lead, and make wonderful memories with! It’s like yesterday I was 17 with a baby on the way, and now she is weeks away from her permit test! I literally look back wondering where it all went?! And now my twins, they went from needing help to brush their teeth to they can floss their teeth all on their own!

Being debt free allows me to give generously when serving others. Give my time to others who need someone by their side. Give my talent to one in need and cannot afford a professional in that specified area of need. Give my money to pay the electric bill of that single mom who’s struggling a few doors down. And do it in secret!!

Why on earth would I wanna live in debt, when in fact debt hinders the freedom to do what I have listed? If you want to learn more, let’s schedule a FREE consultation
[email protected]

07/23/2022

I don’t see an expiration date, do you?
So would I use it? Well if I needed it and I exceeded my grocery budget by $.15 , then you bet I’d bring this 38 year old offer to the store! 😃

How did I know it’s 38 years old? It was found in a 1984 handheld calendar.

Moral of the story is, don’t overspend on your budget! It’s a budget for a reason. To keep you from debt and overspending!

07/14/2022

I’ve seen it written and I’ve heard it shouted:

“Bring (insert large corporate store or restaurant here) to Myrtle Beach!”

“We need a (insert large corporate store or restaurant here) in Myrtle Beach!”

“Employees need to earn more per hour! Demand a raise!”

“I wish my employer would pay more.”

“I need more benefits from my employer!”

Those same people say:

“There’s not enough small businesses in Myrtle Beach, I wish it would have more local owned stores and restaurants.”

“Too many corporate attractions here in Myrtle Beach.”

“Why is it costing so much to buy this or that?”

“I cannot believe they increased that price!”

“I won’t pay that for that!”

My opinion and advice:

When you desire to see something change, and it happens, you must accept the outcome. Small businesses cannot keep up with large corporate businesses because it boils down to dollars and power of branding! Don’t blame the local government or the business for who is in town and who is not. It’s up to the investors and business owners where they want to plant themselves.

When you begin to compete, it is hard for a small business to remain debt free and offer all the goods like a corporate. When a business takes on debt to keep up with the corporations… it’s fun until the debt goes unpaid! Much like keeping up with the Jones’. Do your job, and I it well… hopefully you’re enjoying what you do, and don’t look to your place of employment to take care of your personal needs other than the wage you agreed upon, that’s up to you.

When we don’t have a sense of financial management from a personal perspective to a business perspective, we begin to get lost in the self entitlement of what we should have and be given for our efforts!

I’m not mad at either side- large corporations, small businesses, or people who lack financial management. If you don’t know, you don’t know. And that’s why I’m here. To help you know. Nothing I can say on here will hit every individual and create a life change. Why? Because I give general tips, and advice. But if you want a financial strategy to fit you and your house, that’s where getting one on one makes a difference.
For a FREE consultation reach out today. Let’s break free from bo***ge and live financially free and honor God with out time and money.

07/14/2022

To address the ones who feel worry. Please know that it’s ok. It’s all temporary. It’s happened many times before, and it is a great lesson to learn from the past. Your household financial situation is in your hands! You don’t have to be in fear of this mumbo jumbo. You can be in the 😎 cool seat 💺

Join us, the ones who are debt free people, who enjoy life not worrying ( don’t get me wrong I have my days of worry)!
No, not all of us are rich or millionaires, and that’s okay, it’s the freedom from debt slavery that we celebrate. And inflation means nothing when you manage money and resources well. I’m telling you, you too can do it.

07/12/2022

A little google screenshot for ya here
So, it’s clear that 15 year rate mortgages are less in interest than a 30. It’s clear that 15 saves you money on the back end but cost more on the front (monthly payments). Let’s however look at what is not clear

30 year mortgage pros and cons from Rocket Mortgage
Pros:
Lower monthly payment
Cons: Higher interest payment

15 year mortgage pros and cons from Rocket mortgage
Pros:
Own your home in 15 years
Save thou$ands in interest
Build equity much faster
Cons:
Higher monthly payment during your term

What rocket mortgage and many others will fail to mention is this
30 year, the only 2 benefits is this
1. You have lower monthly payments
2. You’re on your way to home ownership

The Cons they forgot to mention is this:

You lose opportunity to invest more 15 years sooner!

You lose opportunity to save for home repairs, remodels, maintenance 15 years sooner

You lose opportunity to build equity much faster in your home for a higher net worth 15 years sooner

You’re additional interest payments don’t make you anymore wealthy! They rather keep you in bo***ge longer and the home owns you for 15 more long years!

All said must be considered when buying a home. I for one will not stand in the way of home ownership whether you go 15 or 30 years. I will however sit with you, guide you and give you training in money management. Giving you super powers that you can obtain to make wise decisions for YOUR household. Guiding you to make wise choices that benefit you, not a bank or an investor or anyone else in it for themselves. I’m here to help YOU

For money management skills and wisdom, reach out today for a FREE consultation. I’ll be glad to lead you into financial freedom by your choice.
[email protected]

See my next post for home repair costs averages along with mortgage payment considerations

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07/07/2022

What are you looking up for?
Hope?
Help?
Directions?
Those are all easy to come by, just by asking. If you seek hope for your money, it’s there. If you seek help for your money it’s there. If you seek direction for your money it’s there.

How so? Simple-Keep It Simple Silly

There is hope for your money by beginning a new path with your earned income. Hope for a debt free life. Hope for not living paycheck to paycheck.

There is help, much can be gathered from getting professional help. Might cost you a few dollars, but that’s what investments are for right, to get a return? Spending your hard earned money for help keeps you motivated to follow the guidance from the help you receive.

Directions, we all are capable of following them. Question is, what directions do you need to follow? There are many types of directions for your money to go- choose the best path

Let’s get together if you’re looking for money management help! Consultation is FREE!

07/04/2022

You can speak over your life things like:
Checking balance $50,000
Savings balance $120,000
Kids 529 plan$100,000
Retirement investments $3.4 million

However I encourage you to rather speak over your life things like:
Thank you God for…
God by your power, not mine…
God what shall I do with my…
God, will you…?
God, should I…?

Be careful what you speak over your life. The enemy & his legion are listening too. And your flesh is attracted to what’s attracting. Planning your resources is not a sin whatsoever. But, planning your resources above Gods will can get you in some serious sin! Prioritize the blessings you ask for like you prioritize your budget.

“For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.”
‭‭1 Timothy‬ ‭6:10‬ ‭NIV‬‬

1 Timothy 6:10 - For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.

06/30/2022

Hang in there. Once you’re debt free, you have begun investing… do not think it’s time to jump from the rollercoaster when there is a big drops!!! This is bad! Remember you are building wealth for your future. To retire, give generously, and leave an inheritance… the list goes on. But look, if you’re having doubts as to me telling you to hold on, just take a look at Capital Groups chart provided in photo 2, based on a $10k investment in 2002 in the Growth Fund of America. Never touched, is now up to near $80k. Wow! In comparison to the S&P 500, you have outdone yourself.

Get on a website with a free investment calculator, and do some hypothetical math equations for yourself to see what you could end up at. Feel free to review www.capitalgroup.com too. You’ll find a lot of rewarding information there.