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Pamela Otten, the Financial Mom, is the CEO of Pamela Otten LLC, a Registered Investment Advisor located in Wisconsin. Pam is a Financial Advisor who loves to help women understand the "mysteries" of the investment world. She firmly believes investing is not rocket science - women instinctively know the investing rules - and we still don't follow them.

Pam will take you back to financial basics, help you become more confident in your financial future, and teach you how to tell your money where to go (in a very good way). She will talk about almost anything if you can give her a good story about how it relates to your finances!

Pam is an Endorsed Local Provider (ELP) of Investing for Dave Ramsey (www.daveramsey.com), and is a huge supporter of Dave's Financial Peace University course, coordinating Financial Peace University 3 times already for her church.

Pam is an unashamed Christian, and a Qualified Kingdom Advisor (www.kingdomadvisors.org), which means she is trained and committed to integrating Biblical principles with her investment advice. Many of the best money principles have roots in the Bible.

Because she lives in a very old house, Pam soaks up home improvement shows to secretly dream about being a carpenter and interior designer. She believes housekeeping is boring, and cooking is only fun when you actually have time to do it.

Pam loves many types of music, and is a church musician - she directs a traditional choir and a contemporary choir at her church, plays piano and organ for services, and plans lots of fun music stuff.

Before everything else, Pam is a wife of 31 years to the best husband ever, a mom to three amazing young men, now has TWO daughter-in-laws (YAY), and is blessed beyond belief.

Pam's passive investment approach is based on Modern Portfolio Theory, which includes more than 50 years of academic research and Nobel prize-winning economics. She specializes in working with successful women business owners and entrepreneurs, and women in transition due to job change, death, or divorce.

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Financial Planning, Investment Advice, and Investment Management

provided through Pamela Otten LLC, Registered Investment Advisor

 

 


Wonderful Wedding Advice - Spending Plan Part 1

The most popular blog post I have ever written continues to be Things I Wish I Knew Before I Got Married – Part 1. I find this fascinating. Out of all the topics I have written about, this article still gets by far the most views.

I have weddings on my mind again, since we attended the first of our four weddings this summer this past weekend. The picture above is of our niece and her new husband getting ready to drive off in a fire truck (he is a volunteer fire fighter). How cool is that? Before I say anything else, here’s the disclaimer – I love weddings.

While I am do not consider myself an expert in wedding planning, I have participated in or attended well over a hundred weddings over the years, as an organist/pianist, or a relative/friend. So I have seen it all – the good, the bad, the beautiful, and well, the not so beautiful.

The current average wedding cost in the United States is around $27,000. Note I said average. I have some issues with this. If you have the money, and spending this much money on a wedding is not going to stop you from managing your finances the way God would want you to, then have at it. For the rest of us, read on.

I have a huge problem with going into debt to fund a wedding. I understand it may be the most important day of your life. Please take advice from someone who has been married over 30 years. In the end, the only thing that will really matter to you is the pictures of all the people who cared enough about you to be there. Really!

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