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This bonus episode from our annual event Biz Talks. This talk was originally posted on biztalks.co where you can watch the full video!Kimberly went into college as a computer science major but graduated with a degree in finance. Her Biz Talk illustrates how money gives you choices in life and how she got her start in the finance industry. Kimberly later became the founder and CEO of Empyrion Wealth Management – recognized as one of the top wealth managers by Bloomberg. She gives a passionate testament to why her career as a certified financial planner has been so rewarding. As a Biz Talks speaker, she generously donated many copies of her New York Times bestseller, Wealthy By Design to the audience. Let Kimberly inspire you to make an impact with a career in finance.
In this episode of Experience Speaks we interview Kimberly Foss CFP®, CPWA® the Founder and CEO of Empyrion Wealth Management.Kimberly's life work is to give the power of choice to her clients, which include affluent family stewards, women in transition, and thriving retiree. As a fiduciary, she strongly believe in putting people over profit and service above self.Kimberly started at Merrill Lynch post-college, where she was the youngest female account executive at the time. When she realized that Merrill Lynch's commission driven environment wasn't a good fit for her she left to establish her own firm. Empyrion now manages over $200 Million Dollars in client assets.Kimberly is routinely sharing her expertise on the markets, financial planning, and investing with some of the nation’s most reputable media outlets, including The Today Show, Good Morning America, CNBC, Forbes, The Wall Street Journal, Fox News, Fox Business, MSN Money, Investor’s Business Daily, and U.S. News & World Report.In 2013 she wrote Wealthy by Design: A 5-Step Plan for Financial Security, which made it to #7 on The New York Times Bestsellers List!In 2016 Kimberly gave an inspirational Biz Talk where she explains how she found meaning in financial planning.Overall Kimberly Foss is a wealth of knowledge. She is well respected in the wealth management industry so I am excited to have her on the podcast!
Join us for this episode as we meet Shaun and Kimberly, and explore a common financial challenge — the lack of a safety net. Some 55% of Americans have no emergency savings whatsoever. When we aren’t prepared, we’re more likely to pull out the plastic to charge our emergency expenses, digging ourselves into an even bigger hole. Unfortunately, that’s exactly what happened to Shaun when she was faced with unexpected medical bills. What’s the solution? Budgeting. It’s absolutely essential when it comes to having enough for your eventual retirement. Although budgeting isn’t a skill that Shaun was raised with, she’s on board to learn so she can close her retirement gap. We were thrilled to pair 42-year-old Shaun — a junior art director in New York City — with Kimberly Foss, founder of Empyrion Wealth Management and author of the book Wealthy By Design. Tune in to this episode to hear Kimberly guide Shaun through the maze of paying off back-taxes, student loans, and credit cards — all while creating her first budget, and taking the first steps toward planning for a stress-free retirement.
On this edition of the Book Club, Kimberly Foss, CFP, President and Founder of Empyrion Wealth Mgmt. Inc talked about her book “Wealthy by Design: A Five-Step Plan for Financial Security.” Listen to learn about the habits she’s hoping to help people break, build as well as her advice to readers and what she’s hoping you’ll get out of the book! For a copy of Wealthy by Design, click HERE You can learn more about Kimberly at KimberlyFoss.com, Twitter and EmpyrionWealth.com. If you’d like to take part in the our discussion group, you can learn about it it here. You can also learn more about the show at GeorgeGrombacher.com, Twitter, LinkedIn, Instagram and Facebook or contact George at Contact@GeorgeGrombacher.com.
On this show, we talked about the importance of commitment in the planning process, being intentional about designing your financial future and why you should pay less attention to the financial media with Kimberly Foss, CFP, CPWA, Founder and President of Empyrion Wealth Management. Listen to learn about the relationship between money and choice and how you can position yourself for long term success! For the Difference Making Tip, scan ahead to 16:29 . You can learn more about Kimberly at EmpyrionWealth.com, LinkedIn, Facebook and Twitter. 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.
You’ll probably find administrators blocking the backdoor Roth IRA strategy more than anyone else, says Kimberly Foss, planner, author and Financial Planning contributor. That’s when you’ll have to adopt the role of educator, she says.
Is the recent market volatility a sign of hard times ahead? It depends who you ask. Some experts say the market's recent decline is a buying opportunity, while other analysts see it as the beginning of a bigger decline. Doug analyzes the options and shares the opinions of analyst Andrew Roberts (Royal Bank of Scotland) and previous Goldstein on Gelt guest Kimberly Foss. How should their forecasts affect you and your investments? While analysts debate whether recent market swings makes an efficient marketplace, there's also debate about efficient energy. Lynne Kiesling, associate professor at Northwestern University, explains how energy efficiency affects us all. Do politics govern energy policy, rather than scientific and economic considerations? What can the energy industry learn from the successful growth and development of digital technology? Read Lynne Kiesling's blog at http://knowledgeproblem.com/. You can also follow her on Twitter at @knowledgeprob. Visit her website at: http://www.lynnekiesling.com/
Does investing in rental property lower the risks posed by market volatility? Doug discusses the advantages and disadvantages of investing in the rental property market in the United States. Renting out a property involves challenges, such as finding responsible tenants, handling repairs, adhering to building and safety codes, and much more. Find out how to invest in property without all the hassles of being a landlord by purchasing a REIT (real estate investment trust). Are you worried about market volatility? Bestselling author and president of Empyrion Wealth Management, Kimberly Foss explains why market volatility shouldn't scare investors away. She offers a special bonus to our listeners: a free copy of her book Wealthy By Design: A 5-Step Plan for Financial Security. Listen to the end of the show to find out how to get it. Follow Kimberly Foss and her work at www.Kimberlyfoss.com and http://empyrionwealth.com/ Send your questions to her at Kimberly@kimberlyfoss.com. You can also follow her on Twitter at @KimberlyFossCFP, and on Facebook and LinkedIn.
Studies are showing that some seven million Americans have a secret bank account or credit card account that their spouses know nothing about -- and most of those doing the hiding are men, according to the study….. Financial expert Kimberly Foss says “financial infidelity is more common than people think, and if anything, it’s on the rise.” Here today to answer some of our listener questions on this surprising and intriguing topic is our TLP, Colleen McNamee of MCNAMEE MEDIATIONS. 1) It’s surprising to think that this could even happen! I mean, don’t couples pay attention to their account information and spending habits? - Many spouses keep separate bank accounts and have 1 joint checking or savings that they operate out of - Typical household, one spouse is in charge of the finances - Shadier side: Spouses who have side businesses the other spouse doesn’t know about 2) Real case example: Married 27 years. Joint accounts until children were grown and out of house. Always had financial arguments throughout marriage so they separated their accounts after children were moved out. No more financial disagreements – it was great! Years later the couple grew apart and decided they wanted to divorce. It was amicable, or so they thought……the divocre process much messier and more complicated than it ever should have been. Severely fractured their relationship forever 3) How do spouses even catch onto to this double financial life? - Studies show that more than 90% of couple don’t discover financial infidelity in their relationship until there is a) a death in the family, or) divorce 4) What are the red flags that spouses should be looking for to prevent this problem from spiraling out of control and destroying their marriage? Red flags to look for are missing or misdirected financial statements and of course, the obvious one is if there’s missing cash in the accounts. *Trust your instincts 5) Shocking little factoids: Results from a national survey find 1 in 5 married couples have spent over $500 per year without their partners knowledge; - Secret spending and hiding money is 50% more common among men, BUT times have changed and women are more independent with their finances now than ever before, so secret spending and hiding money is definitely on the rise. - One source quoted "Younger women are a little bit more independent and think differently these days. They think more, in my opinion, of themselves as a separate entity." 6) Colleen, what is your expert advice to couples who think there might be some financial infidelity going on in their marriage?
Crazy chemicals in your food, school kids can't celebrate America in school anymore because it might offend someone, author Kimberly Foss weighs in on the stock market roller coaster, Democrat Bakari Sellers on why he's fighting a GOP tax hike on gas, why CVS really dropped the cigarettes, farewell to Jay Leno, just because you aided terrorists doesn't mean you can't get asylum in the US, the Discovery Channel is airing death porn again, Obama's DEA went after Justin Bieber for smoking pot -- less than 2 weeks after Obama bragged about smoking it in a national interview. And much more on this podcast. (66:19)
Crazy chemicals in your food, school kids can't celebrate America in school anymore because it might offend someone, author Kimberly Foss weighs in on the stock market roller coaster, Democrat Bakari Sellers on why he's fighting a GOP tax hike on gas, why CVS really dropped the cigarettes, farewell to Jay Leno, just because you aided terrorists doesn't mean you can't get asylum in the US, the Discovery Channel is airing death porn again, Obama's DEA went after Justin Bieber for smoking pot -- less than 2 weeks after Obama bragged about smoking it in a national interview. And much more on this podcast. (66:19)
Two-parter -- First half hour -- New York Times Bestseller Wealthy by Design: A 5-Step Plan for Financial Security author Kimberly Foss financially offers insight on how to harness the combined power of professional advice and personal goals to build stable, profitable portfolios—for the present and for the future. Plus - she gets a great endorsement from Ben Stein ... second half hour Wendy dives into the deep end of the metaphysical pool -- implementing conscious manifesting. Trust your own knowing ... and build on that to create your reality.