Podcast appearances and mentions of Preston D Cherry

Dr. Preston D. Cherry is looking for companies with cash on hand and a business moat. He thinks it's better to dollar cost average into the market than sit on the sidelines with cash, as inflation might eat up the value if money sits on the sidelines. He says investors not getting into the rally could wind up with FOMO.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Dr. Preston D. Cherry joins to talk Trump, tariffs, and trade wars. “Politics panders to folks, while policies actually impact people,” he says, advising investors to tune out the noise. He looks at inflation across the board and its impact on consumer sentiment. “It's time to protect near-term portfolios and not panic.”======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

In this episode of the Inspired Money Live Stream Podcast, we discuss how emotional spending affects your financial health and the strategies you can use to break free from it. Our panel of experts includes Dr. Preston D. Cherry, Chi Chi Wu, Ted Rossman, and Rocky Lalvani, who share actionable tips to help you master your credit and regain control of your finances. Understanding Emotional Spending and Credit Emotional spending often leads to poor credit habits and increased financial stress. The key to recovery is understanding the connection between your emotions, spending habits, and credit score. This episode breaks down the impact of emotional spending and offers practical solutions to help you rebuild your financial confidence. Episode Insights What is a Credit Score? Our experts discuss how credit scores are calculated and the impact they have on financial opportunities. How Emotional Spending Affects Credit: Learn how emotional decisions can lead to overspending, missed payments, and lower credit scores. Actionable Strategies: Discover tools to monitor credit, manage debt, and develop healthier financial habits. Building Credit for Long-Term Success Mastering your credit starts with understanding its components. Chi Chi Wu explains how credit reporting agencies work and the importance of regularly reviewing your credit report. Errors in credit reports are more common than you might think, and addressing them quickly can save you money and stress. Key Takeaways: Check your credit report at least once a year. Dispute inaccuracies promptly. Focus on maintaining low credit utilization and making on-time payments. Tools and Tips to Improve Your Credit Improving your credit doesn't have to be overwhelming. Ted Rossman shares tips for fast improvement, such as using secured credit cards and becoming an authorized user on someone else's account. Dr. Preston Cherry emphasizes the importance of budgeting and building healthy financial habits to support long-term credit health. Avoiding Credit Pitfalls Credit misuse can have long-term consequences. Rocky Lalvani highlights the risks of emotional spending and credit mismanagement. Store cards and deferred interest plans may seem tempting but can lead to high-interest debt if not managed carefully. Our panel offers advice on avoiding these common traps. Credit Scores and Major Life Decisions Your credit score plays a crucial role in major life milestones like renting, buying a home, or securing a loan. Chi Chi Wu discusses the dangers of short-term loans and how they can damage your credit. The panel also addresses how aligning your financial goals with your credit strategy can improve your overall financial well-being. Protecting Your Credit Scams and fraud are growing threats to credit health. Chi Chi Wu explains how freezing your credit can protect you from identity theft, while Ted Rossman offers tips for securing your accounts and safeguarding your credit profile. Key Takeaways: Freeze your credit if you suspect fraud. Monitor your accounts regularly. Teach your children about credit early and consider freezing their credit to protect their future. Meet Our Esteemed Guests Dr. Preston D. Cherry, AFC®, CFT-I™, CFP® Founder of Concurrent Financial Planning and author of Wealth in the Key of Life (Wiley, 2024), Dr. Cherry helps individuals align wealth with well-being. Learn more Chi Chi Wu Senior attorney at the National Consumer Law Center, specializing in consumer credit issues and advocating for transparency and fairness in credit reporting. Learn more Ted Rossman Senior industry analyst at Bankrate, helping consumers navigate credit cards and personal finance. Learn more Rocky Lalvani Founder of Profit Comes First and host of the Richer Soul podcast, empowering small business owners to achieve financial success. Learn more

In this episode, Dr. Preston Cherry dispels common myths about retirement age and encourages proactive emotional and financial preparation to ensure that retirement is approached with confidence and clarity.He emphasizes the significance of redefining retirement not just as an end but as a transition into a phase of freedom and opportunity.Key Points:• Redefine Retirement• Know Your Freedom Number• Implement a Spending Plan• Emotional Intelligence Preparation• Prioritize HealthWant to learn more? Connect with us below!Pre-Order Dr. Cherry's book 'Wealth In The Key of Life: https://www.amazon.com/Wealth-Key-Life-Finding-Financial/dp/1394268661Sign up for 'Make Your Finances Flourish' Live Workshop! https://concurrentfp.mykajabi.com/transformyourfinancesGet a Free Finances Guide and Check Out Financial Planning Services https://www.concurrentfp.com/Receive Our Free Personal Finance Newsletter https://concurrentfp.mykajabi.com/life-money-balance-personal-finance-newsletterDr. Preston D. Cherry: https://www.concurrentfp.com/dr-preston-cherry/What we share here is for educational purposes only, not personal financial advice. Feel free to join in the discussion! See our disclosures for more information: https://www.concurrentfp.com/disclosures/

Dr. Preston D. Cherry says investors shouldn't worry as much about capital gains taxes but enjoy their wins. He talks about strategies like Roth IRAs where taxes are paid up front when someone is presumably making less money than in the future. He also mentions taking market losses and using charitable donations as offsets to capital gains. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

In this episode, Dr. Preston Cherry talks about retirement income, breaking down the famous 4% rule with its creator, Bill Bengen, renowned for his groundbreaking work in retirement planning.Key Points:1. The 4% rule should be seen as a flexible guideline rather than a strict rule, adaptable to individual retirement timelines and economic conditions.2. Creating a diversified investment portfolio is crucial for managing risks and optimizing returns.3. Continual assessment and adjustment of the retirement plan are essential.4. Implementing strategies like guardrails allows retirees to adjust their withdrawal rates in response to market and inflation changes, ensuring sustainability of their retirement income over the long term.5. Building and sticking to a retirement plan requires psychological resilience, especially during market downturns.Want to learn more? Connect with us below!Pre-Order Dr. Cherry's book 'Wealth In The Key of Life'Sign up for 'Make Your Finances Flourish' Live Workshop! Get a Free Finances Guide and Check Out Financial Planning Services Receive Our Free Personal Finance Newsletter Dr. Preston D. Cherry

In this episode, Dr. Preston Cherry uncover the indispensable tax benefits of 401(k) plans and eliminate common misconceptions surrounding them.This episode brings to light the economic cycles and challenges Gen X has traversed, providing clear, actionable advice on navigating retirement planning amidst these complex realities.Want to learn more? Connect with us below!Pre-Order Dr. Cherry's book 'Wealth In The Key of Life'Sign up for 'Make Your Finances Flourish' Live Workshop!Get a Free Finances Guide and Check Out Financial Planning ServicesReceive Our Free Personal Finance NewsletterDr. Preston D. Cherry

In this episode, Dr. Preston Cherry delves into the crucial topic of balancing the present with saving for retirement.This episode tackles common financial regrets like under-saving for retirement, underestimating medical expenses, and the fear of outliving one's resources, all while promoting a harmonious life-money balance.Want to learn more? Connect with us below!Pre-Order Dr. Cherry's book 'Wealth In The Key of Life'Sign up for 'Make Your Finances Flourish' Live Workshop!Get a Free Finances Guide and Check Out Financial Planning ServicesReceive Our Free Personal Finance NewsletterDr. Preston D. Cherry

Optimizing open enrollment is crucial, yet often overlooked, with over 40% of individuals regretting missed opportunities. It's important to remember that compensation includes not just salary but also benefits like medical and risk insurance, retirement contributions, and wellness perks. Failing to maximize these can leave financial value on the table.Key areas to focus on include reviewing retirement contributions, utilizing tax-advantaged accounts like HSAs and FSAs, and updating medical plans and beneficiary information. Employer life insurance, while limited, can complement private plans. Staying proactive ensures employees align their benefits with current needs and secure greater financial well-being.Want to learn more? Connect with us below!Pre-Order Dr. Cherry's book 'Wealth In The Key of Life'Sign up for 'Make Your Finances Flourish' Live Workshop!Get a Free Finances Guide and Check Out Financial Planning ServicesReceive Our Free Personal Finance NewsletterDr. Preston D. Cherry

In this episode, Dr. Preston Cherry explores the pros and cons of using Reddit for financial advice. He weighs the sense of community and user-driven insights against the risks of misinformation, emphasizing the value of personalized advice from trusted financial professionals. Want to learn more? Connect with us below! Pre-Order Dr. Cherry's book 'Wealth In The Key of Life' Sign up for 'Make Your Finances Flourish' Live Workshop!Get a Free Finances Guide and Check Out Financial Planning ServicesReceive Our Free Personal Finance NewsletterDr. Preston D. Cherry

In this episode, the Cherrys explored the delicate balance between supporting adult children and fostering their financial independence. Charles emphasized the importance of teaching responsibility early, while Carla highlighted the long-term benefits of gradual but firm self-reliance.They discussed setting boundaries to prevent prolonged dependency and shared personal experiences to demonstrate the value of financial and life skills for their children's independence.Part 1: Are Gen X Parents Ruining Retirement by Supporting Their Adult Childrenhttps://youtu.be/seUMBnV9a2AWant to learn more? Connect with us below! Dr. Preston D. Cherry: https://www.concurrentfp.com/dr-preston-cherry/Sign up for 'Make Your Finances Flourish' Live Workshop!https://concurrentfp.mykajabi.com/lmb-wealth-workshop-find-your-financial-independenceGet a Free Finances Guide and Check Out Financial Planning ServicesWww.concurrentfp.comReceive Our Free Financial Education Newsletterhttps://concurrentfp.mykajabi.com/life-money-balance-personal-finance-newsletterPre-Order Dr. Cherry's book 'Wealth In The Key of Life: https://www.amazon.com/Wealth-Key-Life-Finding-Financial/dp/1394268661

Are Gen X Parents Ruining Retirement by Supporting Their Adult Children?In this episode, Dr. Preston Cherry delves into the critical issue of whether Gen X parents are jeopardizing their own retirement by financially supporting their adult children.By providing practical advice and discussing expert data, he equips parents with the tools to make informed decisions and set healthy financial boundaries.Want to learn more? Connect with us below! Dr. Preston D. Cherry on LinkedIn: https://www.linkedin.com/in/drprestoncherry/Dr. Preston D. Cherry's Website: https://www.drprestoncherry.com/Get your free wealth assessment! Visit our website for more insights and personalized guidance. Click here to go to our website: https://concurrentfp.com

In this episode, Dr. Preston D. Cherry delves into the intricacies of moving your 401k after leaving your job, featuring expert insights from Dr. Philip Gibson, a seasoned wealth advisor and chief compliance officer at Concurrent Financial Planning.Together, they explore both direct and indirect transfers of employer-sponsored plans, providing clarity on the 60-day rule and the potential 20% tax hit if funds are not moved accordingly.Want to learn more? Connect with us below! Dr. Preston D. Cherry on LinkedInDr. Preston D. Cherry's WebsiteDr. Philip Gibson on LinkedInGet your free wealth assessment! Visit our website for more insights and personalized guidance. Click here to go to our website: https://concurrentfp.com

In this episode, Dr. Preston D. Cherry provides a comprehensive exploration into the world of luxury hotels, addressing the perennial question: Are luxury hotels worth it?  He delves into the critical alignment between personal finances and the value luxury accommodations bring to one's travel experience. Dr. Cherry offers clear and practical insights into the costs, benefits, and personal factors involved in choosing luxury accommodations.Want to learn more? Connect with us below! Dr. Preston D. Cherry on LinkedIn: https://www.linkedin.com/in/drprestoncherry/Dr. Preston D. Cherry's Website: https://www.drprestoncherry.com/Get your free wealth assessment! Visit our website for more insights and personalized guidance. Click here to go to our website: https://concurrentfp.com

In this episode, Dr. Preston D. Cherry breaks down the true meaning of wealth, going beyond the numbers. He sheds light on how understanding and managing wealth can improve our quality of life by aligning financial and personal goals. Listen in for practical advice and a realistic view on how to use your financial resources to thrive in all areas of life.Want to learn more? Connect with us below! Dr. Preston D. Cherry on LinkedInDr. Preston D. Cherry's WebsiteGet your free wealth assessment! Visit our website for more insights and personalized guidance. Click here to go to our website.

Join Dr. Preston D. Cherry and Dr. Renée Baker, as they dive deep into how aligning your life goals with smart financial planning can lead to true fulfillment. This episode is packed with valuable lessons on the importance of building strong relationships, being financially prepared, and keeping a growth mindset. Together, they inspire you to create a life where your dreams and finances thrive in perfect harmony.Want to learn more? Connect with us below! Dr. Renée Baker on LinkedIn.Dr. Renée Baker's WebsiteDr. Preston D. Cherry on LinkedIn Dr. Preston D. Cherry's Website Get your free wealth assessment! Visit our website for more insights and personalized guidance. Click here to go to our website.

Got a bonus check that feels smaller than expected? Don't worry, you're not alone! In this episode, Dr. Preston Cherry explores why bonus checks often feel like they're taxed more heavily than regular paychecks and shares practical strategies to mitigate the tax impact.Want to learn more? Connect with us below!Dr. Preston D. Cherry on LinkedIn.Dr. Preston D. Cherry's Website.Get your free wealth assessment! Visit our website for more insights and personalized guidance. Click here to go to our website.

Join Dr. Preston D. Cherry and Josh Brown, as they talk about the multifaceted relationship between wealth, spending habits, and time management. Through engaging anecdotes and practical advice, Dr. Cherry and Josh Brown encourage listeners to rethink their approach to wealth, time, and overall well-being.Want to learn more? Connect with us below! Josh Brown on LinkedIn.Dr. Preston D. Cherry on LinkedIn.Dr. Preston D. Cherry's Website.Get your free wealth assessment! Visit our website for more insights and personalized guidance. Click here to go to our website.

Join Dr. Preston D. Cherry and Danielle Miura, as they delve into the critical topic of long-term care conversations with loved ones. Plus, they break down the intricacies involved in navigating long-term care, from which topics to discuss to the financial implications of different care levels, such as in-home care and nursing homes. Want to learn more? Connect with us below! Danielle Miura on LinkedIn.Dr. Preston D. Cherry on LinkedIn.Dr. Preston D. Cherry's Website.Ready to explore these tax planning strategies for financial acceleration? Visit our website for more insights and personalized guidance. Click here to go to our website.

Join Dr. Preston Cherry and Dr. Russell James, as they discuss how charitable giving and tax planning can work together. Plus, they break down tricky tax stuff, including how to deal with estate and income taxes smartly.Want to learn more? Connect with us below! Dr. Russell James on LinkedInDr. Preston D. Cherry on LinkedInDr. Preston D. Cherry's WebsiteReady to explore these tax planning strategies for financial acceleration? Visit our website for more insights and personalized guidance.Click here to go to our website: https://concurrentfp.com

Are you considering retiring abroad?Join Dr. Preston Cherry and Jane Mepham from El Gon Financial Advisors, as they unravel the mysteries of retiring outside the United States. From busting myths about U.S. taxation for expats to exploring the profound impact of culture and community, leave no stones unturned in this episode.Want to learn more? Connect with us below! Jane Mepham on LinkedInDr. Preston D. Cherry on LinkedInDr. Preston D. Cherry's WebsiteReady to explore these tax planning strategies for financial acceleration? Visit our website for more insights and personalized guidance. Our website: https://concurrentfp.com

Are you thinking about retirement? As a business owner, if you're not, you should be. This week, Dr. Preston Cherry is joined by Rickie Taylor to help business owners craft a retirement strategy that does double duty—fuelling your business growth while securing your retirement goals. Thanks to the SECURE Act 2.0, Dr. Cherry and Rickie Taylor dissect the potential of overlooked tax credits and deadlines that could transform the cost of setting up retirement plans from daunting to doable.From the solo entrepreneur to the traditional small business, Episode 34 equips listeners with the tools and best practices to achieve their vision of a financially secure future. Want to learn more? Connect with us below! Rickie Taylor on LinkedIn Dr. Preston D. Cherry on LinkedInDr. Preston D. Cherry's Website Ready to explore these tax planning strategies for financial acceleration? Visit our website for more insights and personalized guidance.Our website: https://concurrentfp.com

When we say we're “securing the bag,” do we really understand what we're looking for? Marques Ogden, keynote speaker and former NFL player, joins me as “securing the bag” takes on a brand new definition as we peel back the layers to uncover the heart and soul of what it really means to achieve fulfillment in life. Through his vast experiences, Marques illustrates that the chase for the bag isn't just about the bank balance—it's about discovering hope, igniting inspiration, and celebrating personal victories that resonate far beyond the material.Looking to start aligning your life and money? Check out the links below!Marques' WebsiteMarques Ogden on LinkedinMarque Ogden on InstagramDr. Preston D. Cherry on LinkedInDr. Preston D. Cherry's Website Ready to explore these tax planning strategies for financial acceleration? Visit our website for more insights and personalized guidance.Our website: https://concurrentfp.com#SecuretheBag #LifeMoneyBalance #MarquesOgden #PersonalGrowth #FinancialSuccess 

Aloha Inspired Money Makers! In Episode 6 of the Inspired Money Podcast's live stream series, "Mindful Money Management: Budgeting for Success," hosted by Andy Wang and produced by Bradley Jon Eaglefeather. In this enlightening episode, we are joined by a panel of financial luminaries—Dr. Preston D. Cherry, Jen Smith, Phylecia Jones, and Rocky Lalvani—to explore the transformative power of mindful money management. Overview In this episode, we delve deep into the art and science of managing your finances with mindfulness. Our esteemed panelists share their insights, tools, and techniques to empower you to take control of your financial destiny. Whether you're a seasoned investor or a budgeting beginner, this episode offers something for everyone. Segments Segment 1: The Art of Tracking Expenses: Tools and Techniques for Financial Awareness The first segment invites you into the realm of financial awareness. We explore various tools and techniques for tracking expenses, from high-tech budgeting apps to the timeless journal. This segment aims to equip you with the knowledge you need to be financially aware and in control. Segment 2: Aligning Values with Budgeting: Creating a Purpose-Driven Financial Plan Embark on a soulful journey as we discuss how to align your values with your budget. This segment provides a roadmap for creating a financial plan that resonates with your deepest desires and aspirations, making your financial journey not just a means to an end but a fulfilling adventure. Segment 3: The Path to Savings: Strategies for Reducing Unnecessary Spending and Building Reserves Navigate the path to financial security with expert tips on saving. Learn how to automate your savings, make smarter spending choices, and even how to earn interest on your reserves. This segment is your guide to building a financial safety net that allows you to live freely. Segment 4: Mindfulness in Money Management: Daily Practices for Conscious Spending Dive into the world of mindful spending with daily, weekly, and monthly practices that improve not just your financial health but also your mental and emotional well-being. This segment is a holistic approach to financial wellness, emphasizing the interconnectedness of money and mindfulness. Segment 5: Setting and Achieving Financial Goals Blast off towards your financial goals with this empowering segment. Learn how to set SMART goals and track your progress every step of the way. Whether you're dreaming of buying a home, retiring early, or just building an emergency fund, this segment is your launchpad to financial success. Guest Profiles: Dr. Preston D. Cherry: A luminary in financial psychology and planning, Dr. Cherry brings over 15 years of experience in financial services and academia. His expertise lies in empowering individuals to achieve financial wellness through informed life design. Jen Smith: A personal finance virtuoso and best-selling author, Jen eradicated $78,000 of debt in under two years on a modest income. Her insights into frugal living and mindful spending are invaluable. Phylecia Jones: A financial strategist and two-time TEDx speaker, Phylecia leverages public speaking to grow businesses and brands. Her 19 years of experience in research and analytics make her a thought leader in financial strategy. Rocky Lalvani: A testament to the transformative power of financial literacy, Rocky retired happily from Corporate America through diligent saving, investing, and wise spending. His focus is on holistic financial well-being. Guest Links: Dr. Preston D. Cherry: https://drprestoncherry.com Jen Smith: https://modernfrugality.com Phylecia Jones: https://keepupwithmrsjones.com Rocky Lalvani: https://richersoul.com Hashtags: #InspiredMoney #DrPrestonCherry #JenSmith #PhyleciaJones #RockyLalvani #MindfulMoneyManagement #BudgetingForSuccess #FinancialWellBeing #ConsciousSpending #FinancialGoals #MoneyMindfulness #FinancialAwareness #InspiredMoneyLive #eaglesvision This blog post is brought to you by Runnymede Capital Management, in collaboration with EaglesVision and the Inspired Money live-stream podcast series.

Dr. Preston D. Cherry, AFC®, CFT-I™, CFP® is a Certified Financial Planner and founder of Concurrent Financial Planning. After declaring personal bankruptcy and taking time to pay off debts during a time he refers to as “the fog years,” he was able to redirect his life to “lead his money,” while committing to helping others do the same. In this inspiring episode, Dr. Cherry chats with Toussaint about the importance of financial wellness, and how he commits to his personal mission of helping others find a harmonious Life Money Balance® – one that reflects their goals and aspirations for the future. Dr. Preston D. Cherry, AFC®, CFT-I™, CFP®: https://www.linkedin.com/in/drprestoncherry/ Concurrent Financial Planning: https://www.concurrentfp.com/

In this episode with Dr. Preston D. Cherry, AFC®, CFT-I™, CFP®, we talk: - Balancing spending - How to not care what others think and to spend according to what you can afford - How to understand your money story - How to get on the same page with money with your spouse

In Episode #15 of Mindset Mastery, “The Power of Dialog and Story Listening”, a self-proclaimed “story listener,” Preston D. Cherry, Ph.D., CFP® of Concurrent Financial Planning, LLC, talks with Mindset Mastery host Marie Swift about the power of dialog, authenticity, and creating common ground as a way to create more meaningful connections with clients, friends and family, while at the same time inspiring action. In a nutshell: Financial planners who connect with clients using some of the methodologies discussed can avoid becoming a commoditized. Dr. Cherry provides tips for engaging based on humorous or relatable household matters to bridge into money conversations. It's all about Life Money Balance™ aspirations and using challenges to pivot and grow. Dr. Cherry is also Assistant Professor of Personal Financial Planning & Finance in the Austin E. Cofrin School of Business at the University of Wisconsin – Green Bay, where he is Head of the CFP Board Registered Approved Personal Financial Planning Program. The program helps prepare the next generation of financial planners for success. To learn more about the philosophies and financial planning-based research Dr. Cherry focuses on, including client connection and communication that leverages money psychology tools that can increase client engagement with their personal finance journey, visit www.ConcurrentFP.com. Brought to you by NAPFA - the National Association of Personal Financial Advisors - the country's leading professional association of Fee-Only financial advisors. Learn more about NAPFA at https://www.NAPFA.org

In this Swift Chat, Marie Swift of Impact Communications, Inc., speaks with Preston D. Cherry, Ph.D., CFP®, of Concurrent Financial Planning, LLC. Dr. Cherry is also Assistant Professor of Finance & Personal Financial Planning in the School of Business at the University of Wisconsin Green Bay. Preston shares his backstory and why he chose to establish Concurrent as an independent, virtual financial planning firm that serves individuals, families, and business owners nationwide. They are guided by the core principle of the fiduciary standard, which is to always put client interests first. Concurrent offers a transformational personal financial planning process that helps bring balance between their life and their money where they work in concurrent partnership to help clients achieve their life aspirations. He also talks about his work at the University of Wisconsin Green Bay and how he is a product of the Texas Tech (Lubbock, Texas) PFP curriculum made famous by industry luminaries Deena Katz and Harold Evensky. Preston is also working on a book so we learn more about Statements and story listening, household hysterics, and other fun facts about Preston and his life, mission, and focus.

Best of 2020 Mashup! This year's been fun, crazy, and interesting. But before we close the final chapter of 2020, it's time to look back on some of this year's best episodes!  Join me in this special solo episode as I bring you a mashup of the best of 2020! I'm also excited to share some of the great stuff planned for you in 2021. I hope you enjoy today's episode and thanks again for hanging out with us for the year 2020!  Highlights: >> We Need to Talk Series >> How living intentionally unleashes your full potential >> Why health is critically important in retirement planning >> How COVID-19 is affecting our relationships and what can do to manage it >> Financial planning is personal >> Getting out of poverty and creating wealth Episodes mentioned: >> https://podcasts.apple.com/us/podcast/we-need-to-talk-about-racism-empathy-george-floyd-being/id1473231134?i=1000477412264 (We need to talk... about racism, empathy, George Floyd, and being Black in America) >> https://podcasts.apple.com/us/podcast/unleash-your-full-potential-by-living-intentionally/id1473231134?i=1000491178822 (Unleash Your Full Potential by Living Intentionally) >> https://podcasts.apple.com/us/podcast/why-health-is-important-in-retirement-planning-phil/id1473231134?i=1000482841066 (Why health is important in retirement planning) >> https://podcasts.apple.com/us/podcast/how-covid-19-is-affecting-our-relationships-how-to/id1473231134?i=1000499897171 (How COVID-19 is Affecting Our Relationships and How to Manage it Right) >> https://podcasts.apple.com/us/podcast/leaving-a-legacy-of-financial-literacy-with-carlos-gomez/id1473231134?i=1000472269628 (Leaving a Legacy of Financial Literacy) >> https://podcasts.apple.com/us/podcast/financial-planning-is-personal-and-you-should-start-now/id1473231134?i=1000487653118 (Financial Planning is Personal and You should Start Now!) >> https://podcasts.apple.com/us/podcast/getting-out-poverty-creating-wealth-dr-david-rhoiney/id1473231134?i=1000476632848 (Getting out of Poverty & Creating Wealth) If you loved this episode, you have to listen to these episodes as well: >> https://podcasts.apple.com/us/podcast/conversation-on-gratitude-life-aspirations-money-dr/id1473231134?i=1000480110147 (A Conversation on Gratitude, Life Aspirations, and Money with Dr. Preston D. Cherry, CFP®) >> https://podcasts.apple.com/us/podcast/following-your-passion-growing-your-wealth-modern-moneys/id1473231134?i=1000485493191 (Following your Passion & Growing Your Wealth with Modern Money’s Angela Moore) >> https://podcasts.apple.com/us/podcast/ryan-harris-nfl-champions-guide-to-financial-literacy/id1473231134?i=1000486940585 (An NFL Champion’s guide to Financial Literacy, Money Management, and Wealth Building) --- I’m sure you’re getting tons of value from the podcast! Don’t forget to subscribe on https://podcasts.apple.com/us/podcast/minority-money/id1473231134 (Apple Podcasts), https://open.spotify.com/show/0and9szy0q9RxxQhZ2vnrf (Spotify), https://podcasts.google.com/?feed=aHR0cHM6Ly9mZWVkcy5jYXB0aXZhdGUuZm0vbWlub3JpdHktbW9uZXkv (Google Podcasts), or on your favorite podcast app and https://www.facebook.com/sharer/sharer.php?u=https://www.minoritymoneypodcast.com/podcast (SHARE THIS) with a friend. ********** Let's Continue the Conversation! Head on over to the Facebook Group and let’s discuss how we can change the complexion of wealth (https://www.facebook.com/groups/423846561552747/ (https://www.facebook.com/groups/423846561552747/))  Want to chat with a fee-only financial planner? Shoot me an email at emlen@minoritymoneypodcast.com Can't wait to meet you.

Minority Money is turning 1!  To celebrate this milestone, I’m joined by my lovely wife, Maricela! It’s been a great 12 months for this podcast, and we’re excited to share with you some of the new things we’re planning for the next 12 months! In today’s special anniversary episode, we’re bringing you a little recap of this podcast and how our year has been so far! All episodes we’re amazing but we’ve picked some of the best episodes that we received the most feedback on!  A huge thanks to each and every one of our guests! Thank you for joining and supporting in this journey of changing the complexion of wealth!  Highlights: >> Minority Money 12-months recap >> Exciting announcements and plans for the podcast  >> Our top episode picks for finance, fitness, education, and family >> What to expect of Minority Money for the next 12 months Resources: >> How to be Financially Intentional with Naseema McElroy (https://www.minoritymoneypodcast.com/podcast/episode/34fefed6/how-to-be-financially-intentional-with-naseema-mcelroy) >> Teach, Hustle, Inspire with Dr. Shaun Woody (https://www.minoritymoneypodcast.com/podcast/episode/4341e101/teach-hustle-inspire) >> Building Fitness Habits That Last with John Gaines, Jr. (https://www.minoritymoneypodcast.com/podcast/episode/5a842f7b/building-fitness-habits-that-last) >> Winning in Finance, Health, Marriage & Life with David Stewart (https://www.minoritymoneypodcast.com/podcast/episode/dc9f5e0e/winning-in-finance-health-marriage-and-life-with-david-stewart) If you loved this episode, you have to listen to these episodes as well: >> A Conversation on Gratitude, Life Aspirations, and Money with Dr. Preston D. Cherry (https://www.minoritymoneypodcast.com/podcast/episode/232bded7/a-conversation-on-gratitude-life-aspirations-and-money-with-dr-preston-d-cherry-cfpr) >> Getting out of Poverty & Creating Wealth with Dr. David Rhoiney (https://www.minoritymoneypodcast.com/podcast/episode/c8a941be/getting-out-of-poverty-and-creating-wealth-with-dr-david-rhoiney) >> People of Color Disrupting the Financial Industry with Dana Wilson (minoritymoneypodcast.com/podcast/episode/37ee75cc/people-of-color-disrupting-the-financial-industry-with-dana-wilson) --- I’m sure you’re getting tons of value from the podcast! Don’t forget to subscribe on (https://www.facebook.com/sharer/sharer.php?u=https://www.minoritymoneypodcast.com/podcast) with a friend. ********** Let's Continue the Conversation! Head on over to the Facebook Group and let’s discuss how we can change the complexion of wealth (https://www.facebook.com/groups/423846561552747/ (https://www.facebook.com/groups/423846561552747/))  Want to chat with a fee-only financial planner? Shoot me an email at emlen@minoritymoneypodcast.com (mailto:emlen@minoritymoneypodcast.com) Can't wait to meet you.

“Let your life lead your money, not your money lead your life” — Dr. Preston D. Cherry How we use our money is a testament to who we are and what we really care about. To achieve your aspirations, you need to have a clear understanding of how to manage your money and resources in a way that improves your life. To do that, our values, aspirations, and money need to be aligned. But how? How do you dream without any ceiling and still make it happen? Get the answers to your questions as Dr. Preston Cherry joins us to talk about gratitude, life aspirations, and how to not let money lead your life! Dr. Cherry is the Founder & President of Concurrent Financial Planning, LLC, a comprehensive financial planning firm serving households and business owners across generational lines. He also serves as a financial advisor’s coach for Carson Group Coaching, a leading national financial advisor coaching, and resource program. He has been published in the Wall Street Journal, ThePennyHoarder.com, The New York Magazine blog The Cut, and the Lubbock Avalanche-Journal. In this episode, Dr. Cherry will share with us why and how he got his Ph.D. We talk about money resources and achieving your life aspirations and how gratitude plays an important part in all of it. Be inspired and motivated to do your best as Dr. Cherry shares his accomplishments and how he did it so that you can too! Highlights: >> Why Dr. Cherry decided to get a Ph.D. in financial planning? >> Imagery and representation >> Aspirations and not limiting yourself >> The connection between aspirations and money resources >> Why you shouldn’t let money lead your life >> Why gratitude matters so much and why you should be grateful always >> What gratitude means for Dr. Cherry >> The emotions of money >> Being honest with yourself and taking personal inventory Resources: >> The Concurrent LIFE MONEY BALANCE Blog (https://www.concurrentfp.com/theconcurrent-lifemoneybalance-blog) >> If You Must Go Into Debt, Here’s What to Consider (https://www.wsj.com/articles/if-you-must-go-into-debt-heres-what-to-consider-11587634201) >> Watch out for Dr. Cherry's upcoming book called "Statements" coming in the Fall 2020 or Spring 2021 Dr. Cherry’s Social Media LinkedIn (https://www.linkedin.com/in/drprestondcherry) Twitter @DrPrestonCherry (https://twitter.com/DrPrestonCherry) Facebook (https://www.facebook.com/concurrentfp/) Concurrent Financial Planning (https://www.concurrentfp.com/) If you loved this episode, you have to listen to these episodes as well: >> The Ins and Outs of Cryptocurrency and Growing From Failure (https://www.minoritymoneypodcast.com/podcast/episode/af002070/the-ins-and-outs-of-cryptocurrency-and-growing-from-failure) >> What School Never Taught You Abou Money (https://www.minoritymoneypodcast.com/podcast/episode/1a283d14/what-school-never-taught-you-about-money) >> Developing the Millionaire Mindset with Dr. Sarah Fallaw (https://www.minoritymoneypodcast.com/podcast/episode/2a7a85d4/developing-the-millionaire-mindset-with-dr-sarah-fallaw) --- I’m sure you’re getting tons of value from the podcast! Don’t forget to subscribe on (https://www.facebook.com/sharer/sharer.php?u=https://www.minoritymoneypodcast.com/podcast) with a friend. ********** Let's Continue the Conversation! Head on over to the Facebook Group and let’s discuss how we can change the complexion of wealth ( https://www.facebook.com/groups/423846561552747/ (https://www.facebook.com/groups/423846561552747/) )  Want to chat with a fee-only financial planner? Shoot me an email at emlen@minoritymoneypodcast.com (mailto:emlen@minoritymoneypodcast.com) Can't wait to meet you.

Show Notes: I recently brought on my friend and colleague Preston D. Cherry to discuss "how to become a financial planner?" After receiving many similar questions, I felt it was time to offer 3 distinct paths you can follow to enter the industry. I thought Preston best to speak on this as his resume speaks for itself... -instructor at the nation's flagship financial planning program (Texas Tech), -instructor for Dalton Education's CFP program, -CFP certificant, -Master's in Financial Planning, and -Ph.D candidate. I could think of no one better! We are able to cover the following during our conversation: What's better the CFP or Masters in Financial Planning? Why the Master's degree is a base or signal to the public... What is the time/energy/money being invested? What are the 3 distinct paths? Preston's website Preston's LinkedIn Profile Thanks for listening. Are you a current or aspiring financial professional? Click here to learn more about how I'm helping you jumpstart your career! Want to connect with me? Send me a DM on Linkedin (@dhendersonsr) or Instagram (@dominiquehendersonsr). --- Send in a voice message: https://anchor.fm/dom-the-maven/message

In today's episode of Financial Planning in Our Modern World, I interview Preston D. Cherry, MS, CFP. We talk about his company, his niche, and discussed the fiduciary standard. If you would like to reach Preston and his team you can contact him at this link https://www.concurrentfp.com/ . I will see you next time.

This originally aired as a video on my YouTube channel which you can watch here: https://youtu.be/bMP1L_RBl5k Have you ever wanted to listen in on "behind the scenes" talk in the financial service industry? My friend Preston Cherry, a fellow financial advisor, go "unscripted" on several subjects including: The many facets and entry points into the financial services industry for aspiring financial professionals, How you might not always follow a linear path as a financial professional, The benefit of educational programs like Dalton, and How to get experience (as a new advisor) if you don't have any. Preston's LinkedIn Profile: https://www.linkedin.com/in/prestoncherry/ Preston's website: https://www.concurrentfp.com/financial-advisor-preston-cherry Thanks for listening. For more information on what I'm doing for current and aspiring financial professionals, click here. Want to connect with me? Send me a DM on Linkedin (@dhendersonsr) or Instagram (@dominiquehendersonsr). --- Send in a voice message: https://anchor.fm/dom-the-maven/message