Podcasts about gen y planning

With Sophia Bera, Founder of Gen Y Planning

Sophia Bera is a past guest of the podcast, and originally wrote a guest post for Nerd’s Eye View as far back as 2013. If you missed her before, she is the founder of Gen Y Planning, an independent RIA that serves just under 100 young professionals—and that was also one of the first location-independent firms in the financial planning industry. Listen in as we catch up on how Gen Y Planning has shifted over the years, why net worth reporting is not at the heart of Gen Y’s planning process, and why their focus with clients is more on short-term goals versus long-term metrics. Sophia will also share how she created a work-life balance that allows her to spend more time doing what she loves, and how she was able to take four months away from the business on maternity leave without the business skipping a beat. For show notes and more visit: https://www.kitces.com/217

Sophia Bera, CFP®, Founder of Gen Y Planning joins the show for a raw, unedited conversation between friends. We're discussing health, wellness, anxiety, therapy, the importance of self care and the dangers of social media. This is an episode we all need at different points in our career and life, to know that we're not alone in our struggles and we need to give ourselves grace. You'll Learn The great advice Sophia was given when deciding whether to start her own practice or work for someone else. That starting a business can be like a mullet - business in the front and hot mess in the back (no offense to mullets). How to balance self-care with professional success. What masculine versus feminine approaches to business are. Why entrepreneurs need to get their own financial house in order before starting a business. Guest Bio Sophia Bera, CFP® is not your father's financial planner. After working in traditional financial planning firms since 2007 she quit her job at a NY start-up to launch her own firm, Gen Y Planning. Now, she runs a 6-figure online business from her laptop. Her recent accolades include the “Top 40 Under 40” by Investment News, “10 young Advisors to Watch” by Financial Advisor Magazine, and “10 of the Best Personal Finance Experts on Twitter.” When she's not working from a coffee shop, you can find her in a yoga class or eating a breakfast taco in Austin, TX. Resources Sophia's LinkedIn Sophia's Twitter Gen Y Planning website Gen Y Planning newsletter signup

With Sophia Bera, Founder of Gen Y Planning

Sophia Bera, CFP®, is the founder of Gen Y Planning and a friend of mine. She does an admirable job of balancing her work with her personal life, and this week on Money Checkup, she shares advice on how to structure your business to align with your goals and values. To learn more about Gen Y Planning, visit genyplanning.com. Follow Sophia Bera on Twitter at @SophiaBera.  But first! Be sure to read the companion blog here: https://fitadvisors.com/how-business-owners-can-build-balanced-lives 

If you were told by all of your known competitors, that running 'this type of company' virtually is not possible, would you still try? Most would not. And therefore, they've lost from the start. Sophia Bera is different for exactly that. She heard, "That's impossible..." countless times before she changed who she was talking to and set out to prove the world wrong.In this episode, we sit down with Sophia Bera of Gen Y Planning to hear about work-life balance, operating with intent, and how shaking up age-old industry norms is sometimes the best thing you can do with your time! Sophia got started in financial planning with the idea of being able to help young people make smart decisions with their money for their future. But she wasn't excited about working at a traditional brokerage and the old school model of how things were done, so she decided to build her company a bit differently.Today she has more than 100 clients and multiple team members that help her deliver amazing financial support to millennials. Her business is also fully remote so she's been able to grow it from her home base in Austin, TX and while she is traveling abroad.Tune in to hear advice like the following: What to look for in a mentor The right way to fail in businessHow to transition from a solo entrepreneur to leading a team of people that deliver your serviceWhy recurring revenue is your best friend in business and how Sophia created it with packages that are easy to say yes toHow to stop living life for your 2 weeks of paid vacation and create a business that supports the life of your dreamsHere are some of the resources mentioned in the podcast:Sophia's podcast choice: Tropical MBASophia's book choice: The Tribe of MentorsOur goal in this episode is to show you how you can grow a business, hire a team, and travel across the globe all at the same time. Sophia's Contact Info:Gen Y Planning - Website, Facebook, LinkedInHost Contact InfoMajor Impact Media - Facebook, WebsiteOutside ROI - Facebook, Website

On this show, we talked navigating career choices, managing tuition payments and maximizing employee benefits with the Founder of Gen Y Planning, Sophia Bera. Listen to find out Sophia’s thoughts on making smart decisions when confronted with major life changes! For the Difference Making Tip, scan ahead to 21:00 You can learn more about Brad at GenYPlanning.com, Facebook, LinkedIn, and Twitter. Click Here for the guide to choosing employee benefits. Please subscribe to the show however you’re listening, leave a review and share it with someone who appreciates good ideas. You can learn more about the show at GeorgeGrombacher.com, or contact George by clicking here.

In this week’s episode of Ask Farnoosh, special guest Sophia Bera and I answer your biggest questions about financial advice for single women, trust funds and beneficiaries, investing in target date funds and more. Sophia Bera is the founder of GenY Planning and was featured on So Moneypreviously. If you’d like to learn more about Sophia, visit her website genyplanning.com or follow her on Twitter @sophiabera. You can also sign up for her newsletter here or enroll in the waitlist for her Millennials and Money class here. For more information visit www.somoneypodcast.com.

Sophia Bera has been featured on everything from CNBC to Forbes, from New York Times, to Fortune Magazine. She is THE go to financial planner for millennials, and founder of GenYPlanning.com.  I invited Sophia onto today's show to shine light on what so many of us try desperately to keep in the dark; our struggle to be financially savvy. If you're reading this, then you're likely part of Generation Y. Which means, you may be at the point in your life, or in your career, where you're doing big things and starting to reap the rewards. Or maybe you're experiencing some major life shifts (like starting a business, buying a house, or getting married).  But there's slim chance you were taught in school how to be financially proactive in these situations. Since so many people have no clue that they too could benefit from a financial planner, I asked Sophia to come on and school us.  Who doesn't  want to be smarter with their money?  It takes some transparency, and some intentionality to set yourself up for success. And with that financial foundation, you're much more likely to achieve your dreams and find the "freedom" we all crave.  IN THIS EPISODE YOU WILL LEARN:  The difference between a bookkeeper, an accountant and a financial planner. The biggest mistake Millennials are making with their money. The first thing you should do if you are in debt, to start being more proactive.  Easy wins you can get if you feel “bad with money" The first financial move you should make if you start a new business.  The best tools for managing your money. How to make money tracking easier if you're a business owner.  FOLLOW SOPHIA: GenYPlanning.com | LinkedIn | Facebook 

Subscribe to our podcast on iTunes https://itunes.apple.com/us/podcast/entrepreneur-house-live-in/id1069958541?mt=2 “I think it's really important to hire a good tax accountant, and I think this is a mistake that a lot of entrepreneurs make.” Sophia Bera On today's episode, we are joined by the media hacker and financial planner for Generation-Y and the Millennials, Sophia Bera. Sophia founded Gen-Y Planning to cater to an underserved niche in the financial planning world. After hearing many times from experienced financial planners that it would be a horrible idea to serve this market, Sophia started the business anyway and nailed it! On the show, we get behind the mind of Sophia and where the younger generation should put their money. We also talk about some really great investments for the younger entrepreneurs and digital nomads that are listening. We will address the importance of saving, investing, and setting some financial goals to diversify your income. Sophia also talks a lot about her media coverage. She has been featured on dozens of popular media outlets. She will share some of her hacks to get ‘in' with the media and exactly how she did it. 05:49: Sophia and Chris Discuss ‘Taboo Rules' Around Money 15:23: Gen-Y Planning Business Model 18:32: Sophia's Strategy to Get in the Media 25:14: Case Studies for Entrepreneurs and Digital Nomads That Want to Invest I'm an entrepreneur with $60,000 in personal income. I spend less than $20,000 in expenses. What should I do with my money? I am a coder that is living paycheck to paycheck and has about $15,000 in gold and silver with $2000 in monthly income. What should I do with my money? I am an entrepreneur that has a software business and making over $100,000 in personal income a year? What should I do with my extra money? 36:09: What is Sophia Investing In? Honorable Mentions: HARO https://www.helpareporter.com/ SEP IRA http://www.businessinsider.com/save-for-retirement-if-i-earn-too-much-for-a-roth-ira-2016-6 Self-Directed IRA https://en.wikipedia.org/wiki/Self-directed_IRA Health Savings Account http://genyplanning.com/2014/11/19/hsas-for-millennials/ Contact Info: http://genyplanning.com http://genyplanning.com/apply https://docs.google.com/forms/d/e/1FAIpQLSc2NCbmSGofHzcoAQFHDM5iitwcwVNDgUn4kiq02iXuP-JsoA/viewform https://www.facebook.com/genyplanning Twitter: @sophiabera https://twitter.com/@sophiabera

Today I’m chatting with Sophia Bera, the founder of Gen Y Planning. Sophia was the subject of a post on Nerd’s Eye View back in 2013 when she was starting her firm. Four years on, she’s bringing home more than $100,000 in revenue and serving about 50 clients on a monthly retainer model.   Sophia’s firm is another example of just how powerful a niche can be. Although peers told her that millennials would be a challenging and non-lucrative group to serve, she quickly found that advisors were lacking, not millennial clients. In this episode, Sophia breaks down her fee structure and service model. Sophia’s experience with traditional firms, financial startups, and running her own business make her uniquely suited to consulting clients and other financial planners alike on their various options for financial management.   Get the full show notes and transcript for this episode at: https://www.kitces.com/12 

Sophia Bera is not your father's financial planner. She is the owner of Gen Y Planning, a 6-figure online business she runs from her laptop, where she works with young professionals in their 20s and 30s looking for a CFP to help them navigate through big life decisions. In this episode, Sophia and I discuss retirement. We break down the difference between a 401(k) and a Roth IRA, talking why you would want to go one way or the other or invest in both if that's an option for you. She shares her insights on achieving financial success and why we need to find joy in some of the things we spend money on. Get more deets in the show notes.

Hi there folks! Creatives Meet Business is an event and podcast series based out of Austin, Texas for creatives of ALL disciplines to get from zero to one in thinking of themselves as business owners (in the creative sector). We record the content for this podcast at our live events. This episode features five Financial Planners, all sharing insights into retirement and everything you always wanted to know about IRAs* (*but were afraid to ask): 1:23 - Bill Simonet, Simonet Wealth Management  Build up savings first IRA (prioritize AFTER savings) - traditional or Roth, Simple or SEP Once you start adding employees, then add in 401(k)s Income matters for IRAs, Revenue matters for 401(k)s Separate personal assets from professional, build savings for small business. Become "ramen profitable" - then start focusing on IRAs and 401(k)s 7:26 - Chris Baum, Palermo Wealth Management Vehicles for small business owners - SEP IRA, Simple IRA and Solo 401(k) He's a huge fan of Solo 401(k) Competition has made everything A-MAZING for the consumer, many custodians have similar fees, so it's really about finding the best fit for you. Custodians - hold your money, open your account, facilitate the trade TD Ameritrade, Fidelity, Charles Schwab, Vanguard, T. Rowe Price, Betterment.com, Wealthfront Make sure there's no account opening fees, inactivity fees, no account closing fees Roth 401(k) - you don't get a tax break the year you make a contribution, but you take it out tax free You can always get your contributions back out of a Roth IRA without a penalty (same rules don't apply to earnings) Keep a separate "tinkering" account for investing in things like "water cooler" stocks 14:35 - Sophia Bera, Gen Y Planning 4 types of IRAs IRA Rollover - moving a retirement account into your own plan If you cash it out, you have to pay a 10% penalty AND taxes Regular IRA - Up to $5.5K tax deduction for contributions made to IRA Roth IRA - Pay taxes up front, but it grows tax free. In early stages of business it's very ideal as you're in a lower tax bracket then you will be in the future (fingers crossed for you) SEP IRA - Tax deduction Sophia's personal favorite for setting up a retirement account - Betterment.com 19:19 - Philip Olson, The Art of Finance Month by month approach - save for taxes and retirement when you get a paycheck  Save 25% for taxes and another 10 to 15% for retirement  Suggestions for fixed income and a mixture of fixed and variable 22:22 - Keith Powell, Austin Divorce Planners Pay yourself first! The Richest Man in Babylon (book Keith references) Save first 10% for your future self Retirement calculator (CNN Money Calculator) 24:00 - What Ashland is Focusing On This Week Opened a business credit card and determines which card to use based on reward points for the transaction (5% for internet and cell phone with business card, versus 1% on personal card) We hope you enjoy the many tips and tricks nestled into this episode about saving money on your taxes through IRAs. If you like what you hear or want to give us some feedback, please leave a comment. Thank you! Ashland Viscosi, Creatives Meet Business

Sophia Bera is a top-authority on financial planning for millennials. After working in traditional financial planning firms since 2007, she quit her job to launch her own firm, Gen Y Planning. Now she runs a 6-figure business from her laptop! Sophia has been quoted in the New York Times, Wall Street Journal, Huffington Post, Forbes, and many more. Her goal is to provide affordable and accessible financial planning to clients in their 20's and 30's.

In this week’s episode of Ask Farnoosh, special guest Sophia Bera and I answer your biggest questions about financial advice for single women, trust funds and beneficiaries, investing in target date funds and more. Sophia Bera is the founder of GenY Planning and was featured on So Money previously. If you’d like to learn more about Sophia, visit her website genyplanning.com or follow her on Twitter @sophiabera. You can also sign up for her newsletter here or enroll in the waitlist for her Millennials and Money class here. For more information visit www.somoneypodcast.com. 

Hi there! Creatives Meet Business is an event series based out of Austin, Texas for creatives of ALL disciplines to no longer think of themselves just as "artists" and "creatives" but also as "small business owners" and "entrepreneurs."  Podcast episodes feature experts who participated in the live event. Don't be fooled by the crystal clear vocals you'll oftentimes hear, our experts are recorded live at the events (and there will sometimes be background noise that proves it...).  This episode features five Financial Planners, all sharing their insights on what a budget is and how you can make it work for you:  2:41 - Sophia Bera, Gen Y Planning 5:06 - Philip Olson, The Art of Financing (there was something a bit off with the mic, sorry...) 9:18 - Bill Simonet, Simonet Wealth Management 14:39 - Chris Baum, Palermo Wealth Management 20:43 - Megan Poore, Lucien, Stirling & Gray Advisory Group There's something unique and magical about how each of these Financial Planners describes a budget. Sometimes it's as simple as removing the negative connotation of "budget" and rebranding it as a spending plan and other times it's about prioritizing and achieving your lighthouse goals.  All this to say, budgets...what's in a name? -Ashland Viscosi, Creatives Meet Business

In this week's episode of Ask Farnoosh, special guest Sophia Bera and I answer your biggest questions about last minute tax information, what to do if you've misplaced your W2 form and are worried about fraud protection, paying off student loans lump sum vs. gradually and more. Sophia Bera is the founder of GenY Planning and was featured on So Money previously. If you'd like to learn more about Sophia Bera, visit her website genyplanning.com or follow her on Twitter @sophiabera. You can also sign up for her newsletter here or enroll in the waitlist for her Millennials and Money class here. For more information visit www.somoneypodcast.com. 

Dyalekt and I are so excited to do this show! We are just at the beginning of our own financial planning process with our financial planner, Sophia Bera of GenY Planning, and, and luck and timing would have it, she is moving to Austin a few days before we are going to be driving through […]

In today's episode of Ask Farnoosh, special guest Sophia Bera of GenY Planning and I answer your biggest questions about retirement planning, how to afford children and more. Sophia Bera joined me earlier in the month on So Money Millennial week and in case you missed our interview you can catch it here. If you would like to learn more about Sophia Bera, visit her website genyplanning.com or follow her on Twitter @sophiabera.

Sophia is a Certified Financial Planner who launched her own financial planning firm, Gen Y Planning, specifically to help millennials with their money. She Skype’s with clients across the country and is now the top Google search for financial planner for Gen Y. Sophia has been quoted on Forbes, Business Insider and The Huffington Post.

Sophia Bera is in her early 30s and has already started her own company, GenY Planning, which delivers comprehensive financial planning to people in their 20s and 30s across the country. Most financial planners require an asset minimum of $1 million, making it an unattainable resource for most people, particularly millennials seeking advice with how to start building their finances. With Gen Y Planning, Sophia, a certified financial planner, is determined to shake up the financial planning industry, and work with clients today so that they can reach $1,000,000 in the future. But interestingly Sophia actually never planned to be in finance. She was actually a Theater Performance and Women’s Studies major in college at Minnesota State University-Mankato. While in college, she set the impressive goal for herself of buying a house after graduation, and she became obsessed. She spent her time between classes at Barnes and Noble reading everything she could about money, personal finance, real estate and building wealth. And at the ripe age of 21 when she graduated, she bought a house. Seeing her success, her friends began to ask her for advice, which lead her to becoming a CFP and eventually starting Gen Y Planning. For more information visit www.somoneypodcast.com.

http://www.tropicalmba.com/10trueclients/ A common misconception in business today is that you have to build an audience of hundreds or thousands of people in order to sell something successfully. The fact is, when you're getting started, you won't have an audience like that. We have talked over and over again about why we believe in starting with ten true clients. One of our longtime podcast listeners, Sophia Bera, has found great success doing just that. Sophia is the founder of GenYPlanning.com, where she provides affordable financial planning services for people in their 20's and 30's. This week we're talking with Sophia about how she has managed to replace her income in just over two years, why she didn't agree with some of the practices in the financial planning industry and how she was able to turn that into an opportunity.

- Sophia Bera, Founder of Gen-Y Planning discusses her new e-book - Please call 1-800-388-9700 for a free review of your financial portfolio

https://www.patreon.com/radicalpersonalfinance I don't think it's unfair to say that the financial planning industry is known for being a bit stuffy at times. If you ask an average person what they think of when they think of a financial planner, it's more likely to be an old, white guy in a suit and tie sitting in a mahogany-lined conference room than a young, vibrant lady with a theater and women's studies  double-major. But, perhaps that's changing! My guest today is Sophia Bera, CFP® and she's shaking up the financial planning industry! Her tagline is "I'm not your father's financial planner." And, she's certainly not. Instead of going after the retiree market, she has chosen to focus exclusively on serving Gen Y clients. Sophia is part of a new generation of financial planner who is working to bring a different style of financial planning services to a new market. And, she's doing it on her own terms. In this interview, we discuss: Sophia's story and how a non-financial person wound up becoming a financial planner. How financial planning fits into Sophia's ideas for the ideal design for her own lifestyle. Why entrepreneurship is the new job security for millenials. How the financial planning industry is dealing with its reputation of being filled with old, white men. Enjoy! Joshua Links: Sophia's website: http://genyplanning.com

Sophia is a Certified Financial Planner who launched her own financial planning firm, Gen Y Planning, specifically to help millennials with their money. She Skype’s with clients across the country and is now the top Google search for financial planner for Gen Y. Sophia has been quoted on Forbes, Business Insider and The Huffington Post.