How to ensure you are Financially Prepared Before Starting Your Nonprofit with Robert Nelson

Nonprofit Architect Podcast with Brenda McChesney

Are you willing to make changes that will alter your family tree and generate income for future generations? Are you prepared to begin living your life fully and making a difference in the world? Robert Nelson offers his advice to us so that you can have a sound financial future.

Remarkable Quotes:

Robert: I'm proud of how old I am. The Lord's been good to me, and I've been blessed.

Robert: Kids don't listen to their parents, but they emulate their parents.

Robert: If you have several credit cards, you start with the one with the lowest balance, and that's the easiest one to pay off

Travis: Debt is something that you can pay off down to zero and then never have to pay it again

Robert: You have a savings account. It's not a spending account, it's a savings account.

Robert: People keep saying that knowledge is power. No, applied knowledge is power.

Highlights:

{01:03} Who is Robert Nelson

{08:55} Who can get help from Ramsey

{11:35} starting with the first 1000 dollars in your emergency fund

{14:00} Paying off your debt

{36:04} 15% of your income into retirement savings

{53:43} Pay off your house early

Robert Nelson Bio:

Robert has been a resident of the City of Bay City for 28 years and was elected Mayor in 2019 and is currently serving his second term. He is the proud father of 3 wonderful children.

Robert landed a position at a chemical company where he worked for 18 years and sought increasingly responsible roles until he accepted a position in the safety department. He returned to school and graduated with a degree in Business Management. To use his skills more effectively Robert accepted a position at another company where he retired after 6 years as acting Safety Manager. In 1995 Robert started a real estate property and investment company that he continues to operate today.

Robert is very active in his church and involved in various community organizations and initiatives

Robert was a Court Appointed Special Advocate (CASA) volunteer for many years and accepted a position on the CASA board before being elected president of the board. He served as a member and president of the Matagorda County Jazz Society and worked with the mission of providing scholarships to students. In addition, He served as a Chamber of Commerce Ambassador for several years.

Robert has volunteered for many years for the United Way Day of Caring. He served as Local Emergency Planning Committee (LEPC) chair, co-chair, and treasurer for 6 years before resigning in January 2019 to pursue other endeavors. He currently serves as president of the board of directors for the Baycel Federal Credit Union and has been on the board for 10+ years. Robert has been participating in Household Hazardous Waste Day, an effort aimed at preserving the health and safety of Bay City families, neighborhoods, and communities through the safe disposal of hazardous material for 25 years.

He is currently a member of the lion’s club and President of the Bay City Rotary and also a motorcycle enthusiast as well as a member of the Matagorda County Cavalry (who commit and act to honor our military heroes) and Road Riders, Inc. (who sponsor the annual motorcycle toy run to raise funds to purchase toys for kids).

Connect with Robert:

[e-mail]

https://www.linkedin.com/in/robert-k-nelson-97aaba191

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