Podcasts about young advisors

We're talking about money! More specifically, we're going to talk about money in our romantic relationships, because let's face it – love is not all you need.  Money is the 3rd wheel in many relationships. And it's not really about money, it's the habits, goals, and beliefs – because when any of those are not the same, it causes stress in that relationship. Don't believe me? Well, 89% of people polled (according to Forbes) believe that financial stability is necessary for a happy and successful relationship. I've invited Anna N'Jie-Konte, President of Re-Envision Wealth as our guest. Anna is a passionate believer in the empowerment and economic liberation of women and minorities and has been honored as an Investopedia Top 100 Financial Advisor, been named one of 2023's “Hot List” by Investment News and 10 “Young Advisors to Watch” by Financial Advisor Magazine. Anna also serves on the advisory board of Wealth.com. as a CFP Board Ambassador, and as a board member of the Finserv Foundation. We must have these money conversations early and often. Because money doesn't buy love, but it sure can bankrupt a relationship – so it's time to build a healthy, productive, empowered relationship with your finances and then bring that to your relationships. Connect with Anna: Website: www.re-envisionwealth.com  Newsletter: www.annanjiekonte.com/signup  IG: @anjiekonte Join the Club: https://bit.ly/FinancialPowerhouseTheClub The Club is an amazing, no-fluff community for first-gen women who want to feel financially fluent and break negative financial cycles. Whether you're just getting started or are a seasoned investor- this is for you. Like what you heard? Please rate and review  Thanks to our This Is Woman's Work Sponsor: If you're looking for the next best thing to a no-bra day, go to cakesbody.com and use my promo code TIWW for 10% off your Lounge Layer Bra (whether you order 1 or 5 of them). And then thank me later.

Eric Roberge is a fee-only financial planner located in Boston, MA serving clients locally and across the country. Beyond Your Hammock helps high-achieving professionals in their 30s and 40s live well today while still planning responsibly for tomorrow. BYH specializes in comprehensive financial planning and investment management programs to address the most pressing financial needs, goals, and questions of clients and builds financial strategies to provide the best course of action. Beyond Your Hammock has been named one of the best financial planning firms in Boston by Expertise.com and is part of Investopedia's Top 100 Financial Advisors. He is also part of Investment News' exclusive 40 Under 40 list, Wealth Management Magazine called him one of the top 10 CFPs under 36, and Financial Advisor Magazine said he was one of the top 10 Young Advisors to Watch. To schedule a call and learn more about working together, head here to get a free Exploratory Session: www.booknow.so/EricRoberge       Thank you for listening to the A+ Parents podcast. If you love the show, don't forget to subscribe, share and leave us a review. Also, follow us online at www.aplusparents.com  www.mrdmath.com or on our social channels @MrDMathlive @aplusparentspodcast   Also, host Dennis DiNoia has a new book out NOW called “Teach: Becoming Independently Responsible Learners. Order your copy: https://aplusparents.com/teach   OR on Amazon   https://www.amazon.com/dp/B09X2B3MG8/ref=cm_sw_r_sms_api_i_DDH16A3BD5X79CSFSQXB   To learn more about Mr.D Math Live Homeschool classes, visit:   https://mrdmath.edu20.org/visitor_class_catalog?affiliate=10252228

Welcome to the first episode of our finance series. How this series sprung into existence is no mystery. We learn about medicine and surgery but never really learn much about finance until later in our careers, after we have made some costly mistakes. Now… Where do we start? Let's start with an overview of financial planning, applicable for medical students, residents, and fellow and early attendings. In this first episode, we speak with Chad Chubb, the founder of WealthKeel LLC. Chad Chubb is a Certified Financial Planner (CFP®) and Certified Student Loan Professional (CSLP®). He founded WealthKeel LLC in 2015 to simplify and organize the financial lives of physicians across the United States by custom-crafting financial plans centered around their goals and values. He has been quoted by Medical Economics, American Medical Association, and CNBC for his work with physicians. He has been a speaker at The White Coat Investor's Physician Wellness & Financial Literacy Conference in 2021, 2022, and 2023, and he has been on Dr. Dahle's recommended advisor list since 2016. He was named to the InvestmentNews 2020 class of 40 Under 40, Financial Advisor Magazine's Top 10 Young Advisors to Watch in the country for 2021, and Investopedia's Top 100 Independent Advisors in the country for 2021 & 2022. In this episode, Chad shared about the importance of planning. And he shared some informative points on queries you may have about financial literacy, like: How much should you pay your student loan monthly? Whats IRA? What's 403B?  Should you get a financial adviser? What sort of qualifications should they have if you're getting one? How much is a reasonable fee for a financial adviser? Should you get a CPA? Understanding what are the available Investment plans and platforms like, Should you get insurance? Should you get a Public service loan?  And many more!  This is the Podcast you do not want to miss! Chad is completely transparent and holds nothing in sharing with us what we need to know in planning our future as Physicians. If you are an aspiring Doctor or already in the field but realize you need help with Financial planning, listen to the rest of the podcast!  Remember: “Always, plan ahead. It wasn't running when Noah built the arc.” -Richard Cushing ____________________________ This episode is sponsored by Locumstory: Everyone has a story. Different needs, wants, and goals, and how to attain them. Your story determines your solution. Whatever your situation and story, locum tenens should be part of the conversation. How do you find out if locums is a good option for you? Go to an unbiased, informative source like locumstory.com. You'll learn all the ins and outs of locums, details on travel and housing, assignment coordination, tax information, and more. You'll also hear firsthand stories from locums physicians from all walks of life, so you get a bigger picture of the diverse options.  

Thomas Kopelman, Co-Founder of AllStreet Wealth, blogger, podcast host, and entrepreneur, joins Matt on today's episode of Bridging the Gap. Thomas was recently named one of the Top 100 Advisors by Investopedia, one of the Top 23 Millennial Financial Advisors by Business Insider, and one of 2023's Young Advisors to Watch. Thomas shares his journey of how he has used education-based content to attract clients and how he discovered his niche audience. He discusses the tools and resources he uses for content creation and management and emphasizes the importance of authenticity and building a brand that reflects your style.Thomas also provides tips on creating attention-grabbing content and management expectations when it comes to social media success.Thomas Kopelman Bio:Thomas is a financial planner, the co-founder of AllStreet Wealth, as well as a blogger, podcaster, content creator, and Top 23 Millennial Advisor (Business Insider)After graduating from Butler University, Thomas has spent his entire career in the financial services industry as a financial planner. Thomas is passionate about helping millennials cut through the noise and figure out how to use their resources to accomplish what they truly want in life.‍Outside of helping clients with their financial plan, Thomas enjoys working out, playing basketball, spending time at the lake with his family, and hanging with his friends and girlfriend.After graduating from Butler University, I have spent my entire career in the financial services industry as a financial planner. I am passionate about helping millennials cut through the noise and figure out how to use their resources to accomplish what they truly want in life.‍Outside of helping clients with their financial plan, I like working out, playing basketball, spending time at the lake with my family, and hanging with my friends and girlfriend.You can expect to read about financial planning, investments, personal development, my family, and sports on The Long Game.Follow Us And Find More Content For Financial Advisors and Wealth Management Firms At:www.mattreiner.comYouTubeTwitterLinkedIn

In Episode #01 of NAPFA Nation, “Talent Pool: Advancing Diversity in the Financial Planning Profession,” we hear from Luis Rosa, CFP®, EA. Rosa came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. In 2019, Rosa was named to the InvestmentNews “40 Under 40” list, Financial Advisor magazine's “10 Young Advisors to Watch” list, and as Investopedia's “Top 100 Advisors” list. From participating as an FPA NexGen Ambassador & Host, to speaking at the CFP Board's Diversity Summit, Rosa uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry. He joined NAPFA in May 2020. Rosa tells us: How he got started in this profession and why he made the business decisions he did Some of the biggest money mistakes he made when younger How learning about cultural competencies helped him to better serve his clients Why being an advocate for DEIB in financial planning is critical to the profession and the communities that advisors serve What advisors starting their DEIB journeys might consider Why he and three other co-founders established the BLX Internship program for aspiring Black and Latinx financial planners to obtain an internship at a fee-only financial planning firm Key point: The financial planning industry is woefully underrepresented from a diversity standpoint. In fact, 73% of Certified Financial Planners are white males. Rosa believes that in order to move the financial planning profession forward, the profession must be more representative of the population of our country. Special Note: In 2023, we rebranded the NAPFA podcast with a new album cover and series title: NAPFA Nation. We are shifting our monthly episodes to bring you inspiring conversations and key insights from leaders in the Fee-Only financial planning profession. Marie Swift, Founder and CEO of Impact Communications, will continue on as host, interviewing a variety of NAPFA members and professionals. You will still be able to find on this channel the 32 Mindset Mastery episodes with respected fiduciary financial planners and allied advocates who are committed to accomplishing great things as they master their own mindset and continue to serve their clients in the best ways possible.

In October 2022, Ireland will hold a national Children and Young People's Assembly on Biodiversity Loss. Designed by and for children and young people, the Assembly will bring together 35 randomly selected Members aged 7-17 from across Ireland to explore, discuss and create recommendations on how to protect and restore biodiversity in Ireland. The Children and Young People's Assembly aims to inform the Citizens' Assembly on Biodiversity Loss, which is taking place over the course of this year. The Citizens' Assembly on Biodiversity Loss, consisting of 99 randomly-selected adult members of the public (aged 18 and over) and an independent Chairperson, has been tasked by the Oireachtas with examining how the State can improve its response to the issue of biodiversity loss. Children and young people also have the right to have their say Biodiversity loss poses a significant threat to children's right to a healthy, safe environment. The Children and Young People's Assembly aims to ensure Ireland's youngest citizens have their say in how Ireland responds to the challenge of biodiversity loss. To make sure the Children and Young People's Assembly is designed and run in a way that works for children and young people, the project is being designed by an intergenerational team consisting of a Young Advisory Team and an independent research consortium. The Young Advisory Team comprises nine children and young people from across Ireland, aged 8-16. The research consortium includes experts in children's participation, deliberative democracy, and biodiversity from Dublin City University, University College Cork, and terre des hommes, an international organisation with a focus on children's environmental rights. Elsie, age 8, a Young Advisor from Co. Tipperary said: “I think it's important that children and young people like us can have our say because we don't usually get to be involved in things that adults do, and we have lots of interesting things to say.” As only 35 children and young people will be selected as Assembly Members as a representative sample, the Young Advisors are encouraging all children and young people aged 0-17 to submit their views and ideas throughout September on their website. Amhairghin, aged 15, Young Advisor from Co.Donegal and Co.Down explains: “It is really important that children and young people from all sorts of backgrounds get involved because diversity is the key to this process. If we don't have ideas coming from every aspect of life, we'll be stuck with a rigid, one-sided argument. It's also really important that young people deliver these arguments as we are the future. It's time that we saw the action that is needed.” Dr Diarmuid Torney, research consortium lead and an associate professor in the School of Law and Government at Dublin City University, said: “Ireland has developed a strong reputation over the past decade in the inclusion of the voices of the adult population in policymaking through citizens' assemblies. Through this project, we aim to build on this reputation by creating a robust process to include the voices of children and young people in decision-making on the critical topic of biodiversity loss.” Katie Reid, research consortium member and Children's Environmental Rights and Participation Officer with terre des hommes, said: “Having supported children's participation in Scotland's Climate Assembly, the first citizens' assembly to have directly involved under 16s, I experienced how deliberative democratic processes can be enriched by taking an intergenerational approach that includes our youngest citizens' views and ideas. The power of bringing all generations together applies to our own project team – it is hugely exciting developing the Assembly with the Young Advisors who each bring something so special to this process.” Dr Clodagh Harris, research consortium member and senior lecturer in the Department of Government and Politics at University College Cork, said: “‘We do not inh...

Finding and hiring a nanny can sometimes be a challenge. Handling the taxes does not need to be. Tune in to learn how to setup payroll, be compliant with tax laws, protect yourself, and have peace of mind.  Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine's 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis talks about the following and more: How to set yourself up as an employer and setup payroll The tax forms that need to be filed when you're a household employer The tax benefits of paying your nanny on the books Additional benefits that provide peace of mind and protection to you and your household employee Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it's a movement! IRS Household Employer's Tax Guide IRS Employer Identification Number (EIN) Online IRS Schedule H – Household Employment Taxes Luis' LinkedIn Luis' Twitter Luis' IG

As we prepare to file our tax returns during tax season, most of us are anticipating receiving a refund. Tune in to learn why a huge tax refund is not always the best strategy. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine's 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis talks about the following and more: How to avoid paying a penalty for under withholding Adjusting your withholdings to increase your take home pay The benefits of pre-tax savings Opportunities to take advantage of with the increased cash flow Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it's a movement! IRS Tax Withholding Estimator Paycheck City Salary Calculator Luis' LinkedIn Luis' Twitter Luis' IG

The New Year is upon us, and with a new year comes a new tax season. Tune in to listen to the things you should know to help you get prepared for tax season and get your refund on time.   Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine's 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis talks about the following and more: When tax season begins and ends IRS Notices that you'll need before you file your tax returns Child Tax Credit and Child and Dependent Care Credit Tips to prevent delays in processing your returns Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it's a movement! Luis' Interview on Scripps National News IRS Child Tax Credit Update Portal IRS Economic Impact Payments IRS Free File IRS Volunteer Income Tax Assistance Luis' LinkedIn Luis' Twitter Luis' IG

The New Year is a time when a lot of people set new goals for themselves. Tune in to listen to 6 science backed habits to help you achieve your goals.   Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine's 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis talks about the following and more: How to improve your current habits The power of visualization Habits that have a major positive ripple effect Using gamification of your habits to stay motivated Resources: Visual Insights Newsletter: 6 Game-changing Habits for Keeping Your Resolutions LatinXcellence, more than a brand, it's a movement! Luis' LinkedIn Luis' Twitter

The average savings account in the U.S. is currently paying 0.06% interest. Want to know of other places where you can learn a higher interest? Series I Bonds may be a great option.  Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine's 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis talks about the following and more: What is a Series I Bond? How I Bonds Work Things to consider before you buy an I Bond Year-end planning opportunity you can take advantage of Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it's a movement! MarketWatch Article: 5 Spots Where Your Savings Can Earn Way More TreasuryDirect Website: Series I Savings Bonds Luis' LinkedIn Luis' Twitter

20 years ago the United States suffered the worst terror attacks in its history, sparking a fundamental shift in US foreign policy towards the Middle East. Many citizens in the United States and beyond can still remember where they were on 11 September, 2001. But what do younger generations think about 9/11? To find out, Ben speaks to three colleagues who were all young children at the time of the attacks, and whose political consciousnesses have formed in the post-9/11 world. Anar Bata is a coordinator in the US & Americas Programme. She provides an insight into the experience of Muslim Americans after the attacks, and reflects on how 9/11 is taught and thought about in the US education system. Samantha Potter is a programme manager in the United States Air Force and member of the Chatham House Panel of Young Advisors. She shares how her understanding of 9/11 encouraged her to pursue a career in service, and considers the impact of the War on Terror on US global leadership. Finally, Mondher Tounsi is a member of the Common Futures Conversations community. He remembers how 9/11 was framed within Tunisian society during his childhood, and how America's actions in the wake of the attacks have affected its reputation within the Arab world.  Note: The views expressed by Samantha Potter in this podcast are solely her own and do not reflect the official policy or position of the United States Air Force, Department of Defense, or the US Government. Credits: Speakers: Anar Bata, Samantha Potter, Mondher Tounsi Host: Ben Horton Editor: Jamie Reed Recorded and produced by Chatham House.

20 years ago the United States suffered the worst terror attacks in its history, sparking a fundamental shift in US foreign policy towards the Middle East. Many citizens in the United States and beyond can still remember where they were on 11 September, 2001. But what do younger generations think about 9/11? To find out, Ben speaks to three colleagues who were all young children at the time of the attacks, and whose political consciousnesses have formed in the post-9/11 world. Anar Bata is a coordinator in the US & Americas Programme. She provides an insight into the experience of Muslim Americans after the attacks, and reflects on how 9/11 is taught and thought about in the US education system. Samantha Potter is a programme manager in the United States Air Force and member of the Chatham House Panel of Young Advisors. She shares how her understanding of 9/11 encouraged her to pursue a career in service, and considers the impact of the War on Terror on US global leadership. Finally, Mondher Tounsi is a member of the Common Futures Conversations community. He remembers how 9/11 was framed within Tunisian society during his childhood, and how America's actions in the wake of the attacks have affected its reputation within the Arab world.  Note: The views expressed by Samantha Potter in this podcast are solely her own and do not reflect the official policy or position of the United States Air Force, Department of Defense, or the US Government. Credits: Speakers: Anar Bata, Samantha Potter, Mondher Tounsi Host: Ben Horton Editor: Jamie Reed Recorded and produced by Chatham House.

Many believe that wealth is only material. It is important to be at your best from a mental and physical standpoint in order to enjoy and share the wealth that you create. Tune in to listen to some tips that you can do to reduce burnout and increase your health net worth! Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine's 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020 and 2021.  Notes: In this episode, Luis talks about the following and more: The traditional definition of wealth Things you can do to reduce stress and increase health Why being healthy is important to improving your personal finances Taking inventory of your health net worth statement   Resources: Schedule Your Complimentary Consultation with Luis! Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it's a movement! Napoleon Hill Foundation – Think and Grow Rich The Secret James Clear's Summary of The Richest Man in Babylon Guided Meditation Luis' LinkedIn Luis' Twitter Luis' Instagram On My Way To Wealth YouTube Channel

Money is one of the main reasons why couples argue. The good news is that there are ways for a saver and a spender to make it work. Tune in to learn some easy to implement tips to find common ground and build a better financial future.  Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine's 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020 and 2021.  Notes: In this episode, Luis talks about the following and more: Having an open conversation with your partner. Why money means different things to different people. Having monthly money dates. Tips to find middle ground and make it work.   Resources: Schedule Your Complimentary Consultation with Luis! Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it's a movement! Luis' LinkedIn Luis' Twitter Luis' Instagram On My Way To Wealth YouTube Channel

The cost of health insurance and out of pocket expenses is a great factor when it comes to retirement planning. Tune in to learn how you can use a Health Savings Account to plan for these costs, and also use it to help boost your retirement.  Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine's 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020 and 2021.  Notes: In this episode, Luis talks about the following and more: What a Health Savings Account is. Who Qualifies for an HSA. Contribution Limits to HSAs. The Tax Advantages of HSAs.   Resources: Schedule Your Complimentary Consultation with Luis! Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it's a movement! Luis' LinkedIn Luis' Twitter Luis' Instagram On My Way To Wealth YouTube Channel

The cost of education continues to rise. Imagine being able to give your kids the gift of a student loan free education. Tune in to learn more about ways to save for your kids' education while using the tax code in your favor. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine's 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020 and 2021.  Notes: In this episode, Luis talks about the following and more: What a 529 Plan is. The Federal & State Tax Benefits of 529 Plans. How the Money in the 529 Plan is Invested. What Happens if the 529 Plan Funds Are Not Used for Qualified Expenses.   Resources: Schedule Your Complimentary Consultation with Luis! Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it's a movement! Luis' LinkedIn Luis' Twitter Luis' Instagram On My Way To Wealth YouTube Channel SavingForCollege.com

Solar panels have become increasingly popular. Are they a worth investment? In this episode, Luis talks about the things that you should consider before acquiring a solar electric system for your home, in order to help you make an informed decision. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine's 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020 and 2021.  Notes: In this episode, Luis talks about the following and more: Buying the solar system outright vs. financing it. Leases and Solar Purchase Power Agreements (PPAs). Solar tax credits. Key contract terms and questions to ask.   Resources: Schedule Your Complimentary Consultation with Luis! Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it's a movement! Luis' LinkedIn Luis' Twitter Luis' Instagram On My Way To Wealth YouTube Channel Homeowner's Guide to the Federal Tax Credit for Solar Photovoltaics Residential Energy Credits IRS Form 5695

In this episode, Luis talks about the reasons why it's not too early for Millennials to work with a financial planner. Even if you don't consider yourself “wealthy”, a financial planner can help you get started and help you navigate your options on your way to wealth! Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine's 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020 and 2021.  Notes: In this episode, Luis talks about the following and more: Understanding your employer's benefits. Creating your emergency fund. Managing student and consumer debt. Investing wisely. Homebuying.   Resources: Schedule Your Complimentary Consultation with Luis! Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it's a movement! Luis' LinkedIn Luis' Twitter Luis' Instagram On My Way To Wealth YouTube Channel Millennials: 5 Reasons To Work With a Financial Planner Before Turning 30 LetsMakeaPlan.org National Association of Personal Financial Advisors XY Planning Network

In this episode, Luis talks about the things you should consider before you buy a home in a hot real estate market. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine's 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis talks about the following and more: Supply & demand in the real estate market. What your options are when the home appraises lower than the listing price. What happens when the seller wants more than the listing price. How to determine the true cost of paying more than the appraised value.   Resources: Schedule Your Complimentary Consultation with Luis! Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it's a movement! Luis' LinkedIn Luis' Twitter Luis' Instagram

In this episode, Luis talks about how the Federal Reserve's actions affect the economy, the stock market, and your finances. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine's 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis talks about the following and more: The purpose of the Federal Reserve System. How inflation affects the economy, the stock market, and your finances. What the federal funds rate is and how it impacts you as a consumer.   Resources: Schedule Your Complimentary Consultation with Luis! Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it's a movement! Luis' LinkedIn Luis' Twitter Luis' Instagram

In this episode, Luis talks about how to turn the cost savings of working from home into action steps to help you decrease debt, increase your assets, and get a better quality of life. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine's 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis talks about the following and more: Cost savings opportunities by working from home. How to combine cost savings with added income to super boost your finances. Other raises you can give yourself to better your health and quality of life.   Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it's a movement! Luis' LinkedIn Luis' Twitter

In this episode, Luis talks about how important it is to have the right mix of credit in order to help boost your credit score. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine's 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis talks about the following and more: The importance of having a diversified credit mix. The multiple factors that affect your credit score. The difference between installment and revolving credit. Types of credit to avoid.   Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it's a movement! Luis' LinkedIn Luis' Twitter AnnualCreditReport.com

In this episode, Luis talks about how having income from a rental property affects your taxes. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis talks about the following and more: What IRS form needs to be filed with your taxes when you have rental income. Common deductions on rental properties. How depreciation works. Repairs vs. improvements and how they are deducted on your taxes.   Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it’s a movement! Luis’ LinkedIn Luis’ Twitter

In this episode, Luis talks about the importance of determining and understanding your risk tolerance before you invest your money. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis talks about the following and more: What risk tolerance is. Factors to consider when determining your risk tolerance. Specific situations where you wouldn’t necessarily invest based on your risk tolerance. Why you may not be as comfortable with risk as you think you might be.   Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it’s a movement! Luis’ LinkedIn Luis’ Twitter Let’s Make a Plan.org Vanguard Risk Profile Questionnaire

In this episode, Luis talks about the expanded child tax credit for 2021 and how to know if you qualify. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis talks about the following and more: What is the enhanced child tax credit? Who qualifies for the child tax credit? How do I claim the child tax credit? Why you may want to opt out of receiving the credit.   Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it’s a movement! Luis’ LinkedIn Luis’ Twitter Let’s Make a Plan.org Kiplinger’s 2021 Child Tax Credit Calculator

In this episode, Luis talks about things to be aware of before you decide to move to a lower income tax state. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis talks about the following and more: Factors aside from income taxes that you should consider before you move. The “convenience rule” and how you may end up paying taxes on a state that you do not live in or work in. The “183-day rule”. Are moving costs tax deductible?   Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it’s a movement! Luis’ LinkedIn Luis’ Twitter Let’s Make a Plan.org

In this episode, Luis talks about how health insurance plans work, and some key things to consider before you decide which option is best for you. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis talks about the following and more: The difference between an HMO and a PPO. Important key words you should know in order to understand your health insurance policy. Why the price of the premium of your policy should not be the only factor you consider. Tax savings opportunities that you can take advantage of when choosing health insurance options.   Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it’s a movement! Luis’ LinkedIn Luis’ Twitter Let’s Make a Plan.org

In this episode, Luis speaks with Shehara L. Wooten, CFP®. Shehara is a CERTIFIED FINANCIAL PLANNER™ professional and is the founder of Your Story Financial, LLC, a virtual fiduciary boutique firm committed to helping women and #STEM professionals.  Shehara is also the author of In the Meantime: Own Your Financial Narrative. In the book, Shehara explores the intersection of the racial wealth gap and the inspiring stories of those who have overcome it despite economic injustice. In addition, the book highlights the power of community, thus dispelling the myth that one must pull herself up by her own bootstraps. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis and Shehara talk about the following and more: The racial wealth gap. Black Wall Street. Crafting your own financial narrative. The power of community as it relates to your financial success.   Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it’s a movement! The Book – In the Meantime: Own Your Financial Narrative Your Story Financial, LLC Shehara’s Instagram Shehara’s Facebook Shehara’s LinkedIn Luis’ LinkedIn Luis’ Twitter Let’s Make a Plan.org XY Planning Network

In this episode, Luis talks about the financial lessons learned from the pandemic and how we can use those lessons to build a better financial future. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis talks about the following and more: Financial lessons learned from the pandemic. The importance of having an emergency savings fund. Upcoming deadlines to take advantage of. Modifying our behavior and creating a financial plan for the future.   Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it’s a movement! Build a Better Financial Future Luis’ LinkedIn Luis’ Twitter

In this episode, Luis talks about the pros and cons of filing a joint or a separate return when you are married. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  In this episode, Luis talks about the following and more: Notes: When you are considered married before the IRS. Scenarios where it makes sense to file separately. The benefits that you lose by filing separately. Why tax year 2020 is different because of the American Rescue Plan Act of 2021   Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it’s a movement! Build a Better Financial Future Luis’ LinkedIn Luis’ Twitter

In this episode, Luis talks about the lessons to learn from failure, and how you can embrace it in order to achieve success. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: The importance of taking action, even if it’s in the “wrong direction”. The power of how you react to what happens to you. The opportunity cost and the risk of taking no action at all. Starting small and adjusting course along the way.   Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it’s a movement! Napoleon Hill Foundation Luis’ LinkedIn Luis’ Twitter

In this episode, Luis talks about the things that put women at a disadvantage financially and how women can take charge of their financial future. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis discusses the following and more: The gender pay gap, how it affects all women, especially women of color. The many ways women are at a disadvantage financially. COVID-19 and its impact on women and their finances. How women can take charge of their financial future.   Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it’s a movement! Letsmakeaplan.org National Association of Personal Financial Advisors - NAPFA XY Planning Network Pew Research Center – Gender Pay Gap Luis’ LinkedIn Luis’ Twitter

In this episode, Luis talks about the major benefits included in the American Rescue Plan Act of 2021 and how they affect individuals and families. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020. Notes: In this episode, Luis discusses the following and more: Overview of the American Rescue Plan Act of 2021 Who qualifies for direct stimulus payments. Expanded unemployment benefits and waiver of income tax up to a certain amount. The expanded child tax credit, including advance payments later this year. Health insurance income caps on the health exchange/marketplace.   Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it’s a movement! IRS Get My Payment Tool IRS Change of Address Form Kiplinger’s Stimulus Check Calculator Luis’ LinkedIn Luis’ Twitter

In this episode, Luis speaks with Carter Cofield, C.P.A., P.F.S. Carter is a Certified Public Accountant (CPA) who is dedicated to helping entrepreneurs save money on taxes. He's spent years learning the best tax savings strategies so that he can teach them to entrepreneurs and business owners everywhere. He’s also the owner of Cofield’s Concepts which is a financial literacy website teaching people how to make more money, pay less taxes, and be their own boss! Check out his website and podcast for free resources at cofieldsconcepts.com. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis and Carter discuss the following and more: Who is considered self-employed. Some of the major mistakes to avoid when running your own business. Retirement saving options for the self-employed. Best strategies for managing your taxes and your cash flow. Charging what you’re worth.   Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it’s a movement! Cofields Concepts Tax Courses Cofield Concepts Website & Podcast Carter’s Instagram Profit First Book by Mike Michalowicz Luis’ LinkedIn Luis’ Twitter

In this episode, Luis talks about the power of saying “no” and how successful people use it as a differentiator. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis speaks about the following and more: The power of having your goals constantly in front of you. Using “no” to draw a line in the sand and protect your boundaries. Saying “no” to something means you’re saying “yes” to something else. Using “no” to create balance and freedom in your life. How “no” can give you strength to change course in your life and finances.   Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it’s a movement! Warren Buffett Says All Really Successful People Practice This 1 Simple Habit The Power of No Via Psychology Today Luis’ LinkedIn Luis’ Twitter

In this episode, Luis speaks with Chloe Moore, CFP® & Lauryn Williams, CFP®. Chloe & Lauryn are both financial planners who host a podcast, own their own independent wealth management firms, and are influencers in the financial planning profession.  Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis, Chloe & Lauryn discuss the following and more: Why your journey can be more important than the destination. Defining success based on your own values and not based on society’s expectations. Getting more comfortable with your money story. Creating balance in your life by respecting your own boundaries. Why building wealth is a marathon and not a sprint. Advice for younger financial advisors.   Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it’s a movement! Chloe Moore – Financial Staples Chloe’s LinkedIn Chloe’s Twitter Lauryn Williams – Worth Winning Lauryn’s LinkedIn Lauryn’s Twitter The Worth Listening Podcast Luis’ LinkedIn Luis’ Twitter

In this episode, Luis talks to Dasarte Yarnway & Emlen-Miles Mattingly. Dasarte & Emlen are both financial planners who host podcasts, own their own independent wealth management firms, and are influencers in the financial planning profession.  Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the industry. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis, Dasarte & Emlen discuss the following and more: The importance of having a great support system around you Defining your own success based on your values Paying yourself first in life and in your finances Being intentional with your time and your money Advice for younger financial advisors   Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it’s a movement! Dasarte Yarnway – Berknell Financial Group Dasarte Yarnway – The Young Money Podcast Dasarte Yarnway - Twitter Emlen Miles-Mattingly – Gen Next Wealth Emlen Miles-Mattingly – Minority Money Podcast Emlen Miles-Mattingly - Twitter Altruist - Grow The BLX Internship Program Luis’ LinkedIn Luis’ Twitter

In this episode, Luis talks about the Free Application for Federal Student Aid (FAFSA®) form, why you want to complete it, and how the process works. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador and host, to speaking at the CFP Board Center for Financial Planning’s Diversity Summit, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the industry. He is the host of the “On My Way to Wealth '' podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis discusses the following and more: What to do before you fill out the FAFSA® Why you should fill out the FAFSA® even if you don’t think you qualify for aid One big mistake to avoid when applying for student loans What to expect once you’ve completed and submitted the FAFSA® Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it’s a movement! Create an FSA ID Dependent vs. Independent status Federal school code search FAFSA® Deadlines Luis’ Instagram Luis’ Facebook Luis’ LinkedIn Luis’ Twitter On My Way To Wealth YouTube Channel

In this episode, Luis shares four tips for expectant parents to strengthen their finances while waiting for their newest addition. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador and host, to speaking at the CFP Board Center for Financial Planning’s Diversity Summit, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the industry. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis discusses the following and more: Developing a pre-baby budget Establishing or strengthening your emergency fund Considering your insurance needs Preparing for the impact on your employment Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it’s a movement! https://www.letsmakeaplan.org/ Luis’ Instagram Luis’ Facebook Luis’ LinkedIn Luis’ Twitter On My Way To Wealth YouTube Channel

In this episode, Luis talks about why making more money won’t necessarily make you happier, and things you can do to increase your happiness on your way to wealth. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador and host, to speaking at the CFP Board Center for Financial Planning’s Diversity Summit, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the industry. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis discusses the following and more: Why higher income is not necessarily the road to happiness The three things that happier people buy with their money Reflecting on your goals as they relate to your values Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it’s a movement! How Happier People Spend Their Money by Jeff Haden via Inc  Inc Article by Paul Keegan about the story of Dan Price and Gravity Payments Luis’ Instagram Luis’ Facebook Luis’ LinkedIn Luis’ Twitter On My Way To Wealth YouTube Channel

In this episode, Luis talks about the new IRS W-4 Tax Withholding Form and why you want to make sure you review yours at least once per year. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador and host, to speaking at the CFP Board Center for Financial Planning’s Diversity Summit, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the industry. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis discusses the following and more: What the IRS W-4 Tax Form is Used For Why You Want to Review the W-4 Form At Least Once Per Year What the Different Sections of the W-4 Form Are Used For Strategies You Can Use The W-4 Form for in Order to Ensure Proper Tax Withholding Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it’s a movement! How To Fill Out The W-4 Form via Business Insider IRS Tax Withholding Estimator IRS W-4 Tax Form Luis’ Instagram Luis’ Facebook Luis’ LinkedIn Luis’ Twitter On My Way To Wealth YouTube Channel

In this episode, Luis talks about some tax basics in order to understand how taxes work and help you minimize your taxable income. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.  From participating as an FPA NexGen ambassador and host, to speaking at the CFP Board Center for Financial Planning’s Diversity Summit, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the industry. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community.  Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.  Notes: In this episode, Luis discusses the following and more: Understanding the U.S.’ progressive tax system How tax brackets work The difference between a tax deduction and a tax credit Ways to lower your taxable income Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it’s a movement! IRS Tax Tables for Tax Year 2020 Luis’ Instagram Luis’ Facebook Luis’ LinkedIn Luis’ Twitter On My Way To Wealth YouTube Channel

In this episode, Luis talks about how to be intentional with your financial goals for the new year and how to best set yourself up in order to achieve your goals. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of Investment News 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia’s 100 Top Financial Advisors of 2020. From participating as an FPA NexGen Ambassador & Host, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry. Notes: In this episode, Luis discusses the following and more: Why you should not “set it and forget it” when it comes to your goals The opportunity that exists with the new year to set your goals for the rest of the year How to setup your goal “buckets” Using S.M.A.R.T goals to stay on track and increase your chances of achieving your goals Introducing LatinXcellence, more than a brand, it’s a movement!   Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it’s a movement! Luis’ Instagram Luis’ Facebook Luis’ LinkedIn Luis’ Twitter On My Way To Wealth YouTube Channel

In this episode, Luis talks about how to set yourself up for success when setting up your New Year’s Resolutions. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of Investment News 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia’s 100 Top Financial Advisors of 2020. From participating as an FPA NexGen Ambassador & Host, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry. Notes: In this episode, Luis discusses the following and more: How acting small can help you achieve your goals How compound interest can be your friend or your enemy Analyzing previous achievements The magic of time and consistent effort   Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 Luis’ Instagram Luis’ Facebook Luis’ LinkedIn Luis’ Twitter On My Way To Wealth YouTube Channel The Slight Edge by Jeff Olson

In this episode, Luis speaks about the importance of having an emergency savings fund, and the best place to put it. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of Investment News 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia’s 100 Top Financial Advisors of 2020. From participating as an FPA NexGen Ambassador & Host, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry. Notes: In this episode, Luis discusses the following and more: The Importance of Having an Emergency Savings Fund The Two Most Important Things an Emergency Fund Needs to Have Comparing Checking, Savings, Money Market, High Yield Savings and CDs Why You Should Not Put Your Emergency Savings in a Short-Term Bond Fund Money Market Accounts vs. Money Market Funds Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 Luis’ Instagram Luis’ Facebook Luis’ LinkedIn Luis’ Twitter On My Way To Wealth YouTube Channel

In this episode, Luis speaks about things to consider before the year ends in order to set yourself up for a successful New Year and beyond. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of Investment News 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia’s 100 Top Financial Advisors of 2020. From participating as an FPA NexGen Ambassador & Host, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry. Notes: In this episode, Luis discusses the following and more: The Life Events to Consider in Order to Determine if Changes Need to Be Made Roth IRA Conversion Strategy Rebalancing Your 401K Taking Advantage of Your Employer’s Open Enrollment Tax Loss Harvesting Opportunities to Take Advantage Of Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 AnnualCreditReport.com Luis’ Instagram Luis’ Facebook Luis’ LinkedIn Luis’ Twitter On My Way To Wealth YouTube Channel

In this episode, Luis shares tips regarding Holiday shopping and how you can save money, time and reduce some stress. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of Investment News 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia’s 100 Top Financial Advisors of 2020. From participating as an FPA NexGen Ambassador & Host, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry. Notes: In this episode, you’ll learn about the following and more: The negative debt cycle to avoid How to easily save money during the year for your overall gift spending Time and money saving tips while shopping this Holiday season How not to put pressure on yourself to feel like you have to buy gifts and how to work around that Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 PowerPay.Org Luis’ Instagram Luis’ Facebook Luis’ LinkedIn Luis’ Twitter On My Way To Wealth YouTube Channel

In this episode, Luis speaks about whether or not you should use your old 401k to pay off debt. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of Investment News 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia’s 100 Top Financial Advisors of 2020. From participating as an FPA NexGen Ambassador & Host, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry. Notes: In this episode, you’ll learn about the following and more: Immediate tax consequences of taking money out of a 401K Long term consequences of taking money out of your 401K The time value of money Other options to consider as an alternative to taking money out of your 401K to pay off debt Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 PowerPay.Org Luis’ Instagram Luis’ Facebook Luis’ LinkedIn Luis’ Twitter On My Way To Wealth YouTube Channel

In this episode, Luis speaks about the tax benefits of owning a home. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador & Host, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.   Notes: In this episode, you’ll learn about the following and more: What the standard deduction is What itemized deductions are Whether you can deduct home repairs and improvements The primary residence capital gains tax exemption Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 Luis’ Instagram Luis’ Facebook Luis’ LinkedIn Luis’ Twitter On My Way To Wealth YouTube Channel

In this Hispanic Heritage Month Edition episode, Luis is interviewed once again by Emlen Miles-Mattingly, host of the Minority Money Podcast. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador & Host, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.   Notes: In this episode, you’ll learn about the following and more: Luis’ background and upbringing How Luis’ Hispanic Heritage has shaped his career Building a Better Future Through Holistic Financial Planning Luis’ best piece of advice for all Hispanic men and women currently working hard to go after their dream Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 Minority Money Podcast Build a Better Financial Future LLC Luis’ Twitter Luis’ LinkedIn Luis’ Instagram Luis’ Facebook

In this episode, Luis talks about situations when you need a financial planner, the different types of advisor compensation, and questions to ask a financial planner before you hire them. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.   Notes: In this episode, you’ll learn about the following: What financial planners do Situations when you need a financial planner The different types of advisor compensation methods Questions to ask a financial planner before you hire them Resources: Build a Better Financial Future LLC XY Planning Network National Association of Personal Financial Advisors LetsMakeaPlan.org Luis’ Twitter Luis’ LinkedIn Luis’ Instagram Luis’ Facebook

In this episode, Luis talks about mortgage forbearance options and the main thing you should do if you take advantage of a mortgage forbearance option. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.   Notes: In this episode, you’ll learn about the following: What mortgage forbearance is The different types of mortgage forbearance How to apply for mortgage forbearance The main thing you should do if you take advantage of a mortgage forbearance option Resources: On My Way to Wealth Podcast & Blog Build a Better Financial Future LLC Luis’ Twitter Luis’ LinkedIn Luis’ Instagram Luis’ Facebook

In this episode, Luis talks about the different types of identity theft protection services, what they include, and what to ask in order to see which of these services is right for you. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.   Notes: In this episode, you’ll learn about the following: The Different Types of Identity Theft Protection Services Questions to ask Identity Theft Protection Services Providers Things you can do to monitor and protect your credit on your own Free tools to monitor and protect your credit Resources: https://www.identitytheft.gov/ IRS Identity Theft Protection Pin AnnualCreditReport.com On My Way to Wealth Podcast & Blog Build a Better Financial Future LLC Luis’ Twitter Luis’ LinkedIn Luis’ Instagram Luis’ Facebook

In this episode, Luis talks about the key differences between debt consolidation and debt settlement, and how to understand them before you make a decision because their difference can make all the difference. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.   Notes: In this episode, you’ll learn about the following: What debt consolidation is The pros and cons of debt consolidation What debt settlement is The pros and cons of debt settlement Resources: PowerPay.org On My Way to Wealth Podcast & Blog Build a Better Financial Future LLC Luis’ Twitter Luis’ LinkedIn Luis’ Instagram Luis’ Facebook

In this episode, Luis talks about the Loan Estimate mortgage document that you get when you apply for a loan, and how to understand it before you make a decision. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.   Notes: In this episode, you’ll learn about the following: What the Loan Estimate is A detailed breakdown of the three pages included in the loan estimate What you need to pay attention to when comparing loan estimates from different lenders Resources: Loan Estimate Explainer On My Way to Wealth Podcast & Blog Build a Better Financial Future LLC Luis’ Twitter Luis’ LinkedIn Luis’ Instagram Luis’ Facebook

In this episode, Luis talks about your options if you have an old 401K from a previous employer. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.   Notes: In this episode, you’ll learn about the following: What options you have with the retirement plan from a previous employer Understanding your vested balance What happens if you still have an outstanding loan and you leave your employer Resources:   On My Way to Wealth Podcast & Blog Build a Better Financial Future LLC Luis’ Twitter Luis’ LinkedIn Luis’ Instagram Luis’ Facebook

In this episode, Luis talks about co-branded retail cards and whether it’s a good idea to get one. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.   Notes: In this episode, you’ll learn about the following: What a co-branded credit card is and how it differs from a store retail card The pros and cons of obtaining a co-branded credit card Additional considerations before you decide to apply for a co-branded credit card What to look out for to avoid overspending and paying unnecessary interest Resources:   On My Way to Wealth Podcast & Blog Build a Better Financial Future LLC Luis’ Twitter Luis’ LinkedIn Luis’ Instagram Luis’ Facebook

In this episode, Luis is interviewed by Dasarte Yarnway and they talk about the importance of Holistic Financial Planning. Dasarte is the host and creator of the Young Money Podcast and the founder of Berknell Financial Group. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.   Notes: In this episode, you’ll learn about the following: What Holistic Financial Planning encompasses Some of the most common things that people overlook when it comes to their finances How Holistic Financial Planning can help guide people and provide peace of mind during turbulent times Three things you can do today to get a handle of your financial life Resources: Bernell Financial Group’s Website On My Way to Wealth Podcast & Blog Build a Better Financial Future LLC Luis’ Twitter Luis’ LinkedIn Luis’ Instagram Luis’ Facebook

In this episode, Luis talks about the Roth IRA vs. the Traditional IRA as well as Roth 401K and Traditional 401Ks and how to decide which one is best for you. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.   Notes: In this episode, you’ll learn about the following: The history of the Roth IRA What to do before you consider whether the Roth IRA or Traditional IRA is right for you Contribution limits for the Roth and Traditional IRAs Income limits for the Roth and Traditional IRAs Roth conversions and opportunities during COVID-19 Resources: IRS Income and Contribution Retirement Plan Limits On My Way to Wealth podcast Build a Better Financial Future LLC Luis’ Twitter Luis’ LinkedIn Luis’ Instagram Luis’ Facebook

In this episode, Luis talks about the consequences of taking a qualified coronavirus distribution from a retirement account and ways to navigate the taxes and other consequences. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.   Notes: In this episode, you’ll learn about the following: The new rules under the CARES Act regarding qualified retirement account distributions Who is eligible for a coronavirus qualified retirement distribution The difference between a 401K loan and a 401k withdrawal Short term and long term consequences of taking money out of your retirement account and how to navigate them Resources:   IRS Q&A Regarding Coronavirus Related Distributions from Retirement Accounts  On My Way to Wealth podcast Build a Better Financial Future LLC Luis’ Twitter Luis’ LinkedIn Luis’ Instagram Luis’ Facebook

In this episode, Luis talks about the most common types of life insurance and discusses the pros and cons of getting life insurance through your employer vs. buying your own. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.   Notes: In this episode, you’ll learn about the following: The basic types of life insurance Permanent vs. term life insurance The pros and cons of purchasing group insurance through your employer Why you should consider having your own policy in addition to your employer’s policy Resources: Investopedia’s Guide to Life Insurance  On My Way to Wealth podcast Build a Better Financial Future LLC Luis’ Twitter Luis’ LinkedIn Luis’ Instagram Luis’ Facebook

In this episode, Luis talks about a little-known mortgage repayment option and how you can use it to your advantage. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.   Notes: In this episode, you’ll learn about the following: The 20-year mortgage option How the 20-year mortgage compares to the 30 year and the 15 year Why you may want to consider a 20 year vs. a 15 year How you can take advantage of today’s low rates to reduce the years left on your loan Resources: Nerdwallet Mortgage Amortization Calculator  On My Way to Wealth podcast Build a Better Financial Future LLC Luis’ Twitter Luis’ LinkedIn Luis’ Instagram Luis’ Facebook

In this episode, Luis talks about home buying versus renting, and things to consider before doing either. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.   Notes: In this episode, you’ll learn about the following: The pros and cons of buying a home The pros and cons of renting a home Why a bad investment isn’t always a bad decision Why the tax benefits of purchasing a home are no longer the same today Resources: Nerdwallet Buy Vs. Rent Calculator  On My Way to Wealth podcast Build a Better Financial Future LLC Luis’ Twitter Luis’ LinkedIn Luis’ Instagram Luis’ Facebook

In this episode, Luis talks about what you should do before considering investing, and the different types of investments. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.   Notes: In this episode, you’ll learn about the following: Importance of having an emergency savings Taking advantage of employer 401K match Debt elimination Investment basics Resources: https://saveandinvest.org/  On My Way to Wealth podcast Build a Better Financial Future LLC Luis’ Twitter Luis’ LinkedIn Luis’ Instagram Luis’ Facebook

In this episode, Luis talks about the five categories of credit data used to calculate credit scores and tips you can use to improve your credit. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.   Notes: In this episode, you’ll learn about the following: The five different categories of data used to calculate credit scores The percentage allocated to each of the categories  Things you can do to improve your score Things to be aware of that can hurt your credit score Resources: AnnualCreditReport.com On My Way to Wealth podcast Build a Better Financial Future LLC Luis’ Twitter Luis’ LinkedIn Luis’ Instagram Luis’ Facebook

In this episode, Luis talks about the best ways to eliminate consumer debt. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.   Notes: In this episode, you’ll learn about the following: Things to look out for when you consolidate debt The Snowball method The Avalanche method When compound interest is your friend or foe Resources: PowerPay.org On My Way to Wealth podcast Build a Better Financial Future LLC Luis’ Twitter Luis’ LinkedIn Luis’ Instagram Luis’ Facebook

In this episode, Luis talks about the S.M.A.R.T. goal-setting system and how you can use it to be more likely to achieve your intended outcomes. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.   Notes: In this episode, you’ll learn about the following: The importance of being specific with your goals Why measuring your progress matters Setting attainable goals Why your goals should align with your purpose, your why! Having a target date for your goals and doing backward planning to achieve them   Resources: On My Way to Wealth podcast Build a Better Financial Future LLC Luis’ Twitter Luis’ LinkedIn

In this episode, Luis talks about some strategies you can use to make the best of your stimulus payment. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.   Notes: In this episode, you’ll learn about the following: Building your emergency savings Paying off high interest debt Contributing to a Roth IRA Kickstarting your buckets for short-term goals Contributing to a Health Savings Account Obtaining a term life insurance policy   Resources: https://www.savingforcollege.com/ https://powerpay.org/ On My Way to Wealth podcast Build a Better Financial Future LLC Luis’ Twitter Luis’ LinkedIn

In this episode, Luis speaks with Emlen Miles-Mattingly. Emlen is the CEO and founder of Gen Next Wealth. Emlen is also the host and creator of the Minority Money Podcast, and his mission is to change the complexion of wealth by educating the public around finances, personal health, wealth, and fitness. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.   Notes: In this episode, you’ll learn about the following: How minorities are being affected by COVID-19 at an alarming rate Some of the underlying reasons why coronavirus is affecting people of color disproportionately Personal health and fitness tips to help curtail the problem Personal finance tips that you can do today to put yourself in a better position   Resources: Minority Money Podcast Gen Next Wealth Emlen’s Twitter Emlen’s Instagram Your Body’s Many Cries for Water Book

In this episode, Luis speaks with Arnold Gillo, LCSW, a Behavioral Therapist based in Las Vegas, NV. Originally from Kenya, Arnold moved to the U.S. and graduated from the University of Utah. He then founded Behavioral Health Consultants and is a Licensed Clinical Social Worker with expertise in treating dual diagnosis patients. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.   Notes: In this episode, you’ll learn about the following: What is emotional spending? How has life under quarantine impacted emotional spending habits? What are some ways to help prevent or curtail emotional spending?   Resources: Arnold Gillo’s LinkedIn Profile Arnold Gillo’s Psychology Today Profile American Psychological Association Willpower, Finances & Spending ArticlePsychology Today Behavioral Economics Article

In this episode, Luis talks about ways to navigate during not so favorable economic times. Luis also provides a highlight of the CARES ACT and how it affects individuals and small businesses. Recent stock market volatility mainly due to the Coronavirus has caused a lot of uncertainty, however, there are things you can do to stay focused on your goals and not let the negative news affect you. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry. Notes: In this episode, you’ll learn about the following: Who qualifies for stimulus payments & who does not Benefits included in the stimulus package for individuals Benefits included in the stimulus package for small businesses Things you can do if your finances were affected by COVID-19 Opportunities you can take advantage of in the current economic environment Resources: IRS Change of Address Form 8822 IRS Coronavirus Information Page USA.GOV Coronavirus Information Page USA.GOV Coronavirus Information Page (En Español) Nevada Unemployment Benefits Kiplinger Stimulus Payment Calculator

In this episode, Luis talks about ways to help prepare yourself during not so favorable economic times. Recent stock market volatility mainly due to the Coronavirus has caused a lot of uncertainty, however, there are things you can do to stay focused on your goals and not let the negative news affect you. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry. Notes: In this episode, you’ll learn about the following: Why You Should Prioritize Your Emergency Savings The Importance of Having a Diversified Portfolio Avoiding Lifestyle Inflation Why You Should Tune Out the Noise of Negative News Resources: On My Way to Wealth podcast Build a Better Financial Future LLC Luis’ Twitter Luis’ LinkedIn

In this episode, Luis has a casual conversation with his wife, Alison, about the current state of mortgage rates, their relationship to the stock market drop, and whether or not it makes sense for someone to buy a home now or refinance their current mortgage. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry. Notes: In this episode, you’ll learn about the following: Why mortgage rates go down during significant stock market drops How a mortgage refinance works The different types of refinances Things to consider in order to determine if refinancing your mortgage makes sense What a mortgage point is and if they make sense to pay Resources: On My Way to Wealth podcast Build a Better Financial Future LLC Luis’ Twitter Luis’ LinkedIn Bankrate Mortgage Calculator Nerdwallet Mortgage Calculator

In this episode, Luis talks about things you should consider when first joining finances with a spouse or significant other. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry. Notes: In this episode, you’ll learn tips regarding the following: Being transparent with your spouse or significant other How to start joining finances without feeling overwhelmed The importance of maintaining your own credit and financial identity Identifying how you can save money when joining finances Having “money dates” with your spouse or significant other Paying off debts as a couple/household Resources: On My Way to Wealth podcast Build a Better Financial Future LLC https://powerpay.org/ Luis’ Twitter Luis’ LinkedIn

Chip Munn is the co-founder and managing partner of Signature Wealth, a hybrid wealth management firm on the Raymond James platform that has quickly gone from $300 million to over $1 billion of assets in just the past few years. With a focus on buying books of business from retiring advisors and handing them off to younger advisors, the firm’s tremendous growth comes not only from their unique acquisition strategy, but also from the particular set of freedoms an independent RIA has to try out different technology tools and marketing strategies. In this episode, Chip shares what it was like transitioning from a regional broker-dealer to the independent model, as well as the challenges and surprises he faced along the way. Listen in to hear how he has successfully built his firm by following his passion for helping out those new to the industry, his approach for positioning young lead advisors as part of a team to make transitioning clients comfortable, and why it’s so important to support advisory firms that have chosen the independent model. For show notes and more visit: https://www.kitces.com/105

Welcome to Depth & Candor, the podcast that explores how change-makers of color define and live out their purpose through their careers, side hustles, and entrepreneurial contributions. Welcome to season 5! Since Season 4, one of the things I’ve been focusing on has been getting my financial life together. To do that, I hired a financial planner, who is also today’s guest on the show. Rianka is a certified financial planner, the founder of Your Greatest Contribution (YGC), a virtual comprehensive financial planning firm, and the Creator and Host of the 2050 TrailBlazers podcast. Rianka is also a CFP Pro Spokeswoman, a CNBC financial advisor council member. And as if that weren’t enough, she was awarded the inaugural rising star award by Investment News and listed among Ten to Watch by Wealth Management in 2017. In previous years, she has been deemed 10 Young Advisors to Watch by Financial Advisor magazine and 40 Under 40 by Investment News.   This episode is for you if: You’ve ever felt overwhelmed by your finances, and wanted to be great with money Want to transition into entrepreneurship and don’t know how to get your money right first Don’t want to be an entrepreneur, but want to know how to attain financial freedom Want to understand the mindset that is required to thrive in whatever work you do   RESOURCES: Foundation for Financial Planning: https://foundationforfinancialplanning.org/ Financial Planning Association: http://www.plannersearch.org/   CONNECT WITH RIANKA: Instagram: @Rianka_d Twitter: @Rianka_d Your Greatest Contribution website 2050 TrailBlazers Podcast website   CONNECT WITH ME: Instagram: @Depthandcandor Facebook: Depth and Candor Subscribe on Depthandcandor  

The good news is that there is a small wave of Generations X, Y and Z taking an interest in the insurance industry. Steven Griswold has first-hand knowledge as the head of a multi-generational firm dating back to 1948. You can find show notes and more information by clicking here: http://bit.ly/2nn37EW

Curiosity. The best advisors have it. Hannah Moore's curiosity has led her down many roads and in today's podcast, she shares what she's learned about structuring the client meeting process, creating client personas, blogging to "just one person," using three words to define your business, succession planning, and much more. My guest today, Investment News "40 under 40" honoree Hannah Moore, is an expert on charting a course from young advisor to successful RIA. Hannah is a CFP® and owner of Guiding Wealth Management. She also hosts the podcast, "You're a Financial Planner, Now What?" where she tries to help young advisors with guidance on career paths, tips on research and client service, and explorations of the history of financial planning.

Having a financial plan and Mary Beth Storjohann is a passionate Certified Financial Planner who loves to educate her audience and I'm so glad we have her with us today on this episode! Mary Beth Storjohann, CFP® and Founder of Workable Wealth is an author, financial planner and accountability coach working to help clients in their 20s-40s across the country make smart, educated choices with their money. 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.” She frequently appears on NBC as a financial expert and her expertise has been featured in The Wall Street Journal, CNBC, Forbes and more. IN THIS EPISODE 1:18 Mary Beth's dad worked at a local mall and they would have famous people and events and one weekend they had the batmobile so they took it for a cruise. 2:56 The reason why there is confusion around financial planners is that there are not many regulations on who calls themselves a financial planner. 3:46 You want to work with someone who is a CFP - Certified Financial Planner who will help you look at your cash flow, how to pay down your debt, education planning and how much life insurance you need. They look at your values and goals and create a plan to live a life you love. 5:36 If you are looking into a financial planner, ask someone who is going to invest your money, ask how they get paid. If they are commission based, be careful. 6:22 Mary Beth will create a plan for her clients, teach them how to invest their money and she also invests the money for them. She has been in the industry for 10 years and her biggest thing is educating her clients about their options and she wants them to feel empowered around their money. She wants to make sure that her clients are confident that they are in control of their money. 9:00 Her family declared bankruptcy and money was a controversial topic in their household. She grew up with a lot of anxiety around money. When her parents were buying her a car, she had a panic attack around the fact that her parents were buying her a car but couldn't pay for her college. Her mindset was one of scarcity and in college, she would squirrel away her money. Having her own business and being in the financial business, she still has anxiety around the money. She and her husband hired a financial planner and that has helped her let go of controlling her money. 17:30 If you're in a place to hire help, if you have goals and if you're having issues keeping yourself accountable. If you have kids, do you have life insurance, if you have bills to pay, you should not be saving for college yet. Big life events or questions are a great place for getting a financial planner. If you're someone who is in a ton of debt, there are courses like Dave Ramsey. If you're someone who has a 401K, then you can get help figuring out your money. If you have cash and you want to buy a house but need help figuring out how much you can afford. Mindset is one thing, but you have to do the tangible work to figure out where your money is actually going. 22:30 The biggest thing if you're in a place where you're struggling and you need an accountability partner, that's where you want to get started. The creative online entrepreneur world, there is so much fear and anxiety and seeing what other people do. What you're seeing online is all fake. No one is perfect and everyone has their money issues. 23:48 I have two ways of handling clients. I either make a plan and we work on a few things at a time. I also start with those people who come to me and their stuff is all over the place. Try to do one thing each day and that's a step to celebrate. Create a rough budget for yourself. Go to Mint.com and let it create your budget for you. 25:12 When I work with clients, we spend 4-6 weeks of a plan together. We don't do it all at once and get them set up with a bookkeeper or a CPA. I don't have them do things all at once. They work at 2-3 things a month. We measure big progress ever six months. 27:17 You have to train your mind to say no to something. You take baby steps. 28:18 Saving your money and using the course you've already invested in is an important step to getting ahead in your business. There are mindset changes and you should celebrate them. 28:51 When I started college, I started out studying International Business and wanting to move abroad to Italy. When I was selling cell phones, I decided I needed an office job. By that time I'd switched my major to accounting and I'd gotten a receptionist at a CPA firm. I saw financial planners working, people coming in with anxiety and leaving with less anxiety. Something clicked inside of me and I switched my major and I was one of the youngest CFPs in the country. 31:22 Even as a young woman in a predominantly white male job, this is a case of no one will look out for you like you will look out for you either in your finances or your money. I've built my career by looking out for myself. I've almost left a few places because of the sexism and ageism that I faced. 33:10 Where I am right now is that it's all about relationships. Instead of looking for clients who have millions of dollars, what if I find regular people who can get to a million dollars. I have genuine relationships with my clients and my clients become friends. It's so cool I can celebrate with my clients and I love those relationships. 37:44 When you're wanting to work with someone, decide if you want to work virtually or locally. You want to go with someone who is a fee-only financial planner. You want someone who doesn't make a commission because they're getting a cut of what they're selling you. When you meet with me, there's a 30-minute conversation and I ask what their goals or questions are. You can expect 15-20 minutes talking about and your current situation and finances, goals and what the future looks like. You should expect someone to tell you how you work with clients and then have time to ask questions. What type of clients do you work with, what type of experience do you have, how much access do we have, how often can we expect to hear from you, do you have a team we will also hear from you, and ask if they'll act in your best interest. When you meet with me, there's a 30-minute conversation and I ask what their goals or questions are. You can expect 15-20 minutes talking about and your current situation and finances, goals and what the future looks like. You should expect someone to tell you how you work with clients and then have time to ask questions. What type of clients do you work with, what type of experience do you have, how much access do we have, how often can we expect to hear from you, do you have a team we will also hear from you, and ask if they'll act in your best interest and how they're compensated. Ask what how they plan and how they'll hold you accountable. 46:41 Income factor isn't a factor, I look at the income level to see if they can afford me. If I'm not sure if they can, I have a template email that shows where my fees and if they can't afford me then I refer them to others who charge less. No matter who books a consultation with me, I always get back to them. I only work with those who want to do a continuing relationship with me. 51:15 It starting by figuring out what's important to you and what your goals are. [bctt tweet="Financial planning and wealth is starting by figuring out what's important to you and what your goals are." username="tonyarineer"] KEY TAKEAWAYS You want to work with a Certified Financial Planner who will help you look at your cash flow, how to pay down your debt, education planning and how much life insurance you need. No one is perfect and everyone has their money issues. Mary Beth will create a plan for her clients, teach them how to invest their money and she also invests the money for them. There are mindset changes and you should celebrate this. I've built my career by looking out for myself. Where I am right now is that it's all about relationships. How to find a CFP for yourself. EPISODE RESOURCES National Association of Fee Only Financial Planners Financial Planning Association 7 Steps to Financial Freedom by Tony Robbins Free Money Mindset Training- just in case you're ready to take your profit power to the next level! Hang out with us inside our free Facebook Community- where every day is a party! CONTINUE THE PARTY WITH MARY BETH Workable Wealth website Twitter Instagram Facebook

Kevin Jeffrey tells Stray FM how Young Advisers are helping to improve sexual health services in #NorthYorkshire.

Positioning yourself an authority is a surefire way to be featured in major media outlets and open doors that would otherwise be closed. But how do you do it? Our guest for episode 112 has the answers! Jeff Rose of Good Financial Cents is here to spill the beans on how he became a regular contributor for Forbes. Jeff  is a certified financial planner who was named one of the Top 10 Young Advisors to Watch, by Financial Advisor magazine. Today Jeff explains how he developed a relationship with Forbes, why it takes time and a focused niche. He also shares other major media he's been featured in like CNBC, Entrepreneur, and Huffington Post to name a few. Hear it all on episode 112 of The Speaker Lab! THE FINER DETAILS OF THIS SHOW:    Why did he start his blog, Good Financial Cents? How could he have gotten more traction quicker? What's the best way to get quoted by the media? How do you know if you should expand or narrow your focus? If he was starting from scratch today would he change anything? What is HARO and how can it help you? The story of how he became a contributing writer with Forbes. The John Corcoran strategy and how to use it. And so much more! EPISODE RESOURCES Good Financial Cents blog Jeff Rose's podcast Soldier of Finance, by Jeff Rose Jeff Rose's life insurance web site Jeff Rose on Twitter HARO web site The Speaker Lab Summit The Speaker Lab Facebook group Top Speakers Tips Ready for more speakers? Join our free speaker workshop Got questions? Send them in here Email me! Subscribe on iTunes, and leave us a rating or review

Mary Beth Storjohann is a CFP® who founded Workable Wealth. She's shaking up the traditional views of financial planning by leveraging technology to help people make smart, educated choices with their money. She recently was named among the "Top 40 Under 40" by Investment News and "10 Young Advisors to Watch" by Financial Advisor Magazine. She's a sought after speaker, author and financial coach. She may sound familiar to you because she frequently appears on NBC as a financial expert and has been quoted in the Wall Street Journal, Forbes among other major news outlets. In this interview, we’re going to learn how Mary Beth is specifically helping millennials with their financial challenges, especially those who are strapped with a lot of student loan debt. We talk about her own personal relationship with money and the financial challenges she face as a kid. Mary Beth, on top of being an entrepreneur, mom and a wife, she is a military spouse. We talk about that because I think that does add another layer of financial complexity to her life. Plus, how is her family managing their own money? For more information visit www.somoneypodcast.com. 

For this episode, we take you inside the 2016 FPA Retreat to share a great conversation on Moving the Profession Forward through Young Advisors. This conversation touches on examples of how young planners have been successful, what their firms have done to help them and an honest conversation between the younger and older generations about the struggles each faces. Ever wonder what goes through a firm owner’s mind when a young advisor asks for ownership?  Be sure to listen to the end as one firm owner shares her internal struggle when young advisors immediately ask for ownership. I want to thank everyone who was involved in this conversation who so openly shared their struggles and perspectives.  Conversations like this are what will help move the profession forward. “There’s a lot of humility that’s required in this… on both sides.”   Cassandra A. Humphreys, MS, CFP® Andrew Sivertsen, CFP®, CAP® FPA Retreat 2017 FinCon

Eric Roberge, CFP®, Founder of Beyond Your Hammock In today’s episode, Eric and Kathleen talk about the myth “Why making more money won't make you happy.” This myth is personal to Eric as he learned that money doesn’t make you happy or sad, but work/life balance does. Interestingly enough, finding this work/life balance may be easier for the Millennial generation than others. Listen in to hear Eric and Kathleen delve into how to reframe this myth, and how to focus on what truly makes you happy. Eric Roberge, CFP®, Founder of Beyond Your Hammock is one of Investment News’ 40 Under 40 for 2016 and he was named one of the top 10 CFPs under 36 by Wealth Management Magazine. He’s also been named to Financial Advisor Magazine’s list of Top 10 Young Advisors to Watch. He frequently speaks to professional financial associations and groups, including the FPA, NAPFA, and fi360 about how financial advisors can work with next generation clients. Eric can be reached at 978.273.3135 or eric@beyondyourhammock.com. To sign up for the Breaking Money Silence Podcast, click here.  

Rencontre "Young Advisors" avec @NeelieKroesEU. Qu'elles sont vos préoccupations par rapport au Digital Agenda européen ? by davanac --- Send in a voice message: https://anchor.fm/davanac/message