Financial Planning

As a CFP® professional with over three decades of experience, I’ve seen firsthand how the highs and lows of life can affect a person’s finances and wealth. It isn’t possible to predict every curveball life will throw your way but having a CFP® professional in your corner can certainly make the journey easier. One 2019 CFP Board survey found that adults working with a financial advisor are much more likely to feel prepared for a recession when compared to those who don’t. This can make all the difference, as one mistake with market timing can result in a lifetime of planning errors.

Many people believe we’re in a period of financial instability. We do have inflation and problems with some banks, but as a student of history and someone who has been around for seven decades, I can tell you it’s been way worse. Inflation is currently around 6%; in the early ‘80s, it was nearly triple that. (Turkey’s current inflation rate is about 55%, if that helps any.) And in 1932, one in four workers had no work.

Financial literacy is one of the greatest gifts you can give your children. Understanding fundamental financial concepts provides them with the knowledge, skills, and motivation to responsibly manage their money and achieve their goals, whether they’re a young child saving up to buy a toy or a recent college graduate who’s out on their own for the first time. The sooner you begin these life lessons in money management, the better.

Choosing a financial planner is one of the most important financial decisions you will make. An advisor should communicate effectively and will support your achievement of short- and long-term financial goals.

When 2022 rolls into 2023, I suggest you pick one financial item you wish to accomplish and make a proclamation rather than a resolution. A financial proclamation is an inclusive resolution that lets the people who are important to you know that you wish to involve them in a better future together.

The road to becoming a doctor is long. From college to medical school, residency, and fellowships, it can be years before doctors begin earning a substantial income. And the process can generate massive student debt. Therefore, it is important to have a financial plan to get ahead.

Meeting with a financial planner for the first time can be fraught with anxiety. The more information provided in the initial meeting, the more meaningful the discussion will be. A good financial planner can process this information and lay out a clear path of how they can assist you.

The Latinx community often focuses on taking care of the family as a unit. I recommend that you introduce your financial planner to your family early in the process. By bringing your family into the equation, you will accelerate the relationship you are building with your financial planner.

Working with a CERTIFIED FINANCIAL PLANNER™ professional can allow you to focus on your small business needs, while your trusted professional works for you to help reach your financial goals.

You have goals! Setting and monitoring strong financial goals is more important than ever. But where do you start, and how do you make them effective? Search the internet for goals of any kind and you

Most professionals agree that asset allocation is one of the most important decisions an investor can make.

Learn why most budgets are about as successful as crash diets, and get 5 tips to ensure that you can create a realistic budget to reach your goals.

Disability insurance was created to fill a gap left when short-­term disability runs dry, and provides a safety net to deliver a much needed disability paycheck