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Reshell Smith, CFP®

@reshellsmith

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Empowering you to build wealth, live in abundance, and leave a Legacy💰
🎥 Financial Commentator
🎤 Speaker | 📚 Author
✨ Founder @amesfinancial

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The Fed cut rates by half a percent. This is more than what some economists expected. And the plan is to cut even more. Here is what it could mean for you:

1. Lower Borrowing Costs:
Put a dent in your debt! With the Fed cutting rates, loans like mortgages, auto loans, and credit cards will have lower interest rates, making borrowing cheaper.
2. Homeowners Can Potentially Refinance Home Mortgages:
Look for opportunities to lower your monthly mortgage payment. Take advantage of the opportunity to refinance your home mortgage at a lower rate, which could save you thousands in interest payments.
3. New Home Buying Opportunities:
Have you been sitting on the sidelines waiting to buy a new home? Now might be the perfect time! Lower rates can make home buying more affordable AND you may be able to afford a higher priced home.
4. Improved Consumer Confidence:
Lower rates can boost consumer sentiment, which is great for the economy. When people feel confident, they spend more and invest in big purchases.
5. Portfolio Boost:
Historically, the Stock Market favors a rate cut. This might be the time to shift your portfolio, moving away from bonds and exploring more growth opportunities. Taking calculated risks could mean greater returns.

There is more! Join our email list here: www.AMESFinancialSolutions.com

http://www.wesh.com/article/how-interest-rates-affect-you/62279678 by @reshellsmith

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2 years ago

The racial wealth gap has fluctuated over time, but it has generally persisted and widened. In the early 1990’s, black home buying increased leading some to believe there could be a small shift in the wealth gap🏡 It hasn’t happened.

Various factors such as historical disparities, systemic issues, and economic policies have contributed to the widening of this gap. Efforts to address these issues continue, but sustained progress remains a challenge.

Today, I was able to share some facts…and a few of my thoughts on why we have an issue and what solutions we can implement to make a significant impact🚀🚀

✌🏾CORRECTIONS..When speaking of assets in the black household, I meant to say $8 trillion, not 8%. AND yeah, SYSTEMIC is what I meant to say but SYSTEMATIC is a word and it works too😂

For more, join my email list: www.AMESFinancialSolutions.com by @reshellsmith

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3 years ago

🎯 Make 2025 the Year You Take Control of Your Finances!

Did you know that most people abandon their New Year’s resolutions within 30 days? That’s because resolutions alone don’t work. What you need is a lifestyle change—a consistent approach to managing your money every day, not just at the start of the year.

This year, let’s shift from quick fixes to long-term strategies that help you:
💰 Save More – Break down your big goals into small quarterly milestones. Focus on one step at a time to reach your ultimate savings target.
📉 Reduce Debt – Use the Snowball Method (start with your smallest debts for quick wins) or the Avalanche Method (start with the highest-interest debts to save more over time). Choose the approach that keeps you motivated and in control.
📈 Invest Wisely – Stick to your long-term plan and avoid getting caught up in short-term market noise. Take some calculated risks to grow your wealth, but always invest responsibly.

Let’s break the cycle and turn good intentions into lasting habits. by @reshellsmith

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2 years ago

Just in time for open enrollment! 🎯 Last night, I discussed the triple tax benefits of Health Savings Accounts (HSAs):

✅ Tax-deductible or pretax contributions
✅ Tax-free growth
✅ Tax-free withdrawals for qualified medical expenses

As you review your benefits, give an HSA serious consideration if you’re eligible to contribute. Think healthcare today and retirement tomorrow! by @reshellsmith

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5 days ago

Outside💜🖤💗💚 #homecoming2026 #mbc4life #AKA by @reshellsmith

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13 days ago

First stop for Homecoming @_breakfastatbarneys. I love the HBCU Alumni Brunch Series. #hbculife #hbcugrads #auc #morrisbrowncollege by @reshellsmith

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13 days ago

See how an increase in interest rates may affect your wallet. The full video is here: https://www.wesh.com/article/feds-interest-rate-hike-could-affect-your-wallet/73819846 by @reshellsmith

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a month ago

We’re talking about phone about finances, financial planning, projecting, and how to grow your business financially! @reshellsmith is bringing the 🔥🔥🔥

Kingdom Builders, entrepreneurs, visionaries, leaders, creatives, business owners, and faith-fueled doers—this room was created for YOU.

📅 September 25–26, 2026
📍 Hilton Garden Inn Millenia | Orlando, Florida

Get ready for:

✨ Faith-based business principles
✨ Dynamic speakers and thought leaders
✨ Strategic networking and meaningful connections
✨ Kingdom-minded entrepreneurship
✨ Practical business workshops and activations
✨ Leadership development and personal growth
✨ Wisdom to help you BUILD, EXPAND, and EXECUTE

This is bigger than another business conference.

This is about getting in the room with people who understand that your business can be an assignment, your influence can carry purpose, and your gifts can create impact in the marketplace.

The vision is here.
The assignment is clear.
The time to BUILD is NOW. 👑🔥

So… ROLL CALL!

WHO’S GOING TO BE IN THE ROOM?! 🙌🏽

➡️ REGISTRATION IS OFFICIALLY OPEN!
Visit KingdomMPB.com to secure your spot.

#KingdomMarketplaceBuilders #ActivatedToBuild #KingdomEntrepreneur #ChristianEntrepreneur #OrlandoEvents taken in Orlando, Florida by @reshellsmith

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a month ago

“Preparation isn’t about expecting the worst—it’s about making sure you’re ready for whatever life brings”-Reshell by @reshellsmith

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3 months ago

Had a great time as the guest speaker for @networkingpizza! 🍕💰

Finance 101 Highlights:
• Understanding our money mindset and how our childhood shaped our financial habits
• Building an effective cash flow plan
• If someone gave you $100 today, what would you do with it?
• Why 80% of women die single—and what that means for your financial future
• Should you take advantage of 0% promotional balance transfer offers?
• Smart strategies for saving and investing for retirement

What I enjoyed most was the conversation. It was an intimate, highly engaged group where everyone openly shared experiences, asked thoughtful questions, and learned from one another. Those are always my favorite sessions because everyone leaves with a new perspective.

Thank you to everyone who attended and made it such a meaningful discussion. I can’t wait for the next one!

#Finance101 #MoneyMindset #WomenAndWealth #RetirementPlanning #CashFlow by @reshellsmith

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3 months ago

Heading over to have a money conversation with an amazing group of women @networkingpizza. This is going to be good😊#financialwellness #womensupportingwomen #womenandwealth @reshellsmith @amesfinancial by @reshellsmith

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3 months ago

J-Y turn me up🎤 #WildWealthyWednesday @wokb1680am by @reshellsmith

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3 months ago