Your Richest Life

JUNE 3, 2024

The truth is, only good things can come from looking at all your accounts, your spending, your savings, etc., And you work that into your budget to make sure you’re allocating more funds to those accounts for the rest of the year. You can also contribute to a health savings account (HSA) or flexible spending account (FSA).

Budgeting 97

Budgeting Taxes CFP Retirement 97

Walkner Condon Financial Advisors

FEBRUARY 28, 2023

These funds should be held in a liquid account that can be easily accessed in case of a sudden emergency or unexpected expense. However, not all savings accounts are created equal. In the environment we are in now, with inflation being as high as it is, you are losing money if you are sitting on a large pile of cash in a bank account.

Accounting 98

Accounting Banking Certification Financial Advisor 98

Your Richest Life

DECEMBER 1, 2022

So open all the credit card statements, look at your accounts, and move forward knowing you have the full picture in mind. Try setting up automatic deposits to savings accounts, find a budget that works for you, or enlist an accountability partner to help you stay on track. Stop comparing yourself to others.

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Certified Financial Planner CFP Financial Planning Financial Planner 95

Walkner Condon Financial Advisors

DECEMBER 13, 2022

During the years I stayed home, I dutifully contributed the $6,000 per year to my spousal IRA, but that just doesn’t add up that fast, especially when compared to what my husband was accruing in his 401k account with an employer match. Mental Accounting and the Value of Your Career. FINANCIAL ADVISOR, CANDIDATE FOR CFP® CERT.

Accounting 98

Accounting Financial Advisor CFP Retirement 98

Your Richest Life

MARCH 15, 2023

Enlist an Accountability Partner If you know that you struggle to manage impulse spending, an accountability partner might help you stay on track. You can also set up an account that is only for spending money. What matters is the intention behind it, and spending on things that make you feel good, not guilty.

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Budgeting Financial Planner Planning Financial Planning 111

Walkner Condon Financial Advisors

APRIL 21, 2023

What does it mean to be a Fee-Only financial advisor ? Fee-Only financial advisors and firms receive no sales-related compensation or incentives. They are compensated only by the fee the client pays. This fee covers not only investment management, but also financial planning.

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Certified Financial Planner Financial Advisor Fee Only Financial Planner 52

Your Richest Life

JULY 29, 2022

Fidelity Youth Account – If you have a 13-17 year old who wants to start investing, the Fidelity Youth Account is one option. Your teen will receive their own debit card with no account fees, account minimum or trading commissions. Financial Literacy Books for Parents. About Your Richest Life.

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Budgeting Accounting Education Fee Only 116

Indigo Marketing Agency

APRIL 28, 2023

I would leave your name out of the headline if your firm name has your own name in it since that keyword is already accounted for in your name. Likewise, if you have professional designations, add them to your name or headline, as some prospects include “CFP®” or “CFA” in their search terms.

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Your Richest Life

OCTOBER 1, 2022

If you live in an area that frequently deals with hurricanes or other major storms, you might even want to set aside a special savings account for that purpose. Then, if you need to run to the store to stock up on storm essentials, you have a designated account to do so. Have the Appropriate Insurance. About Your Richest Life.

Food 104

Food Insurance Certification Fee Only 104

Walkner Condon Financial Advisors

FEBRUARY 21, 2023

Your employer can also make contributions to your 401(k) account through a match and/or profit sharing. While they are not tax deductible, the gains in the account will be tax deferred. ABOUT THE AUTHOR Alicia Vande Ven FINANCIAL ADVISOR, CANDIDATE FOR CFP® CERT. Alicia Vande Ven , M.S.,

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CFP Financial Advisor Fee Only Certification 59

Your Richest Life

JUNE 14, 2024

Where do your retirement accounts stand now? But if you earn too much for an IRA, you can open a brokerage account instead, which is a taxable investment account. For self-employed physicians, a Simple IRA, SEP IRA or Solo 401(k) are some of the best options for retirement accounts. Moving, traveling, hobbies, etc.)

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Retirement Planning Retirement Planning Fee Only 52

International College of Financial Planning

AUGUST 2, 2021

Accounting & Tax Planning Firms. Some organizations require candidates to have a bachelor’s or master’s degree in finance or specialization in accounting and financial management to go with their bachelor’s or master’s degree. There are two types of Financial Advisors in India – Fee-Only Advisors and Commission Only Advisors.

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Financial Advisor Certified Financial Planner Certification Fee Only 52

Your Richest Life

AUGUST 10, 2024

31st to save money on taxes: Donate to charity Contribute to pre-tax accounts like a Health Savings Account (HSA) or 401(k) In your brokerage account, sell your losses to offset capital gains, and cut down on your tax liability. Check these tasks off your list by Dec.

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Taxes Budgeting Fee Only Planning 52

Your Richest Life

FEBRUARY 28, 2022

That included spending more than their partners would be okay with, or having debt, credit cards or savings accounts that their partner knew nothing about. Thanks to online banking and the myriad of financial tools out there, it’s totally possible to have your own accounts, plus joined accounts, if that’s what you want.

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Budgeting Accounting Financial Planner Fee Only 59

Your Richest Life

OCTOBER 15, 2022

Health insurance is often the focus of open enrollment, but don’t forget about the other important benefits offered, like: Health Savings Account (HSA) – HSAs are savings accounts funded with pre-tax contributions. These accounts are offered through your employer and are a good option if you are not eligible for an HSA.

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Insurance Medical Accounting Taxes 52

Your Richest Life

APRIL 5, 2022

The key is to look at your budget, your accounts and your goals for the year. Regardless of what you decide to do, try not to let that money sit in your checking account. If you’ve looked at your accounts and have decided to hang onto that money as an extra cushion, there are some good ways to do that. How to save your refund.

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Taxes Accounting Budgeting Fee Only 52

Your Richest Life

MARCH 15, 2022

These organizations are highly rated on Charity Navigator , a site that vets charities based on their transparency, accountability and finances: Americares is delivering medicine, emergency supplies and funding to help people affected by the Ukraine crisis. Charitable Giving: How to Work it into Your Life, Budget and Estate Planning.

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Medicine Fee Only Estate Planning CFP 52

Your Richest Life

FEBRUARY 15, 2022

Build in a good buffer for your trip to account for those kinds of expenses as well. . At Your Richest Life, Katie Brewer, CFP®, believes you too should have access to financial resources and fee-only financial planning. Surprise expenses can pop up while you’re traveling, too. Get Trip Insurance. About Your Richest Life.

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Financial Planning Planning Insurance Fee Only 52

Your Richest Life

OCTOBER 15, 2024

Employer match programs can match all or some of your contributions to an employer-sponsored retirement account, so take this opportunity to enroll if you haven’t already. Health Savings Accounts (HSA) – An HSA is a savings account that lets you add pre-tax money and withdraw it tax-free for medical expenses.

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Insurance Healthcare Retirement Accounting 52

Walkner Condon Financial Advisors

AUGUST 13, 2022

It allows employees to deduct a portion of their salary and put it into an account that is invested for their retirement. Both 401(k)s and IRAs are Tax-Advantageous Accounts. Why utilize either of these types of accounts? These types of retirement accounts can be tax-deferred or have tax-free growth characteristics.

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Retirement Taxes Financial Advisor Retirement Planning 52

Your Richest Life

DECEMBER 19, 2022

Bring in Accountability. If the last several years of your life look the same – similar unmet goals, less progress than you’d hoped – then it might be time to bring in an accountability partner. That’s why people employ fitness trainers, business coaches and financial planners. Yes, working with professionals costs money.

Financial Planner 52

Financial Planner Fee Only Accounting CFP 52

International College of Financial Planning

SEPTEMBER 3, 2021

The Certified Financial Planner (CFP) is the only professional who has to be qualified through a set of exams and also has to complete a long-term internship with at least 2 years of experience in the field. Most advisors that work with commission-based income will need an individual retirement account (IRA). Accountability.

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Financial Planner Financial Advisor Certified Financial Planner Commission 52

Your Richest Life

MARCH 26, 2024

For example, are there open accounts that you don’t remember authorizing? Are there names on the account that aren’t yours? Review your accounts for the past few months to see what you’re spending your money on. When you’re checking your report, you want to keep an eye out for any errors or suspicious data.

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Budgeting Fee Only Accounting Taxes 52

Your Richest Life

SEPTEMBER 30, 2024

For shorter term investments like savings accounts and money market funds, they correlate with the fed funds rate. About Your Richest Life At Your Richest Life, Katie Brewer, CFP®, believes you too should have access to financial resources and fee-only financial planning.

Economy 52

Economy Fee Only CFP Economics 52

Your Richest Life

APRIL 15, 2024

Let’s demystify the lingo and break down some of the most common retirement plans, so you can determine the best retirement plan for you: Common Retirement Accounts Whether you work for a large company, a small business, or yourself, there are retirement savings accounts that will work best for your situation.

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Retirement Planning Retirement Planning Taxes 52

Your Richest Life

JUNE 15, 2022

Make sure you are accounting for the absolute necessities first, like bills and your emergency fund. It could be a good time to rebalance your taxable investment accounts, especially if you have any mutual funds or ETFs at a loss. If you’re not careful, it can start to have a real impact on your cash flow. . Back door Roths.

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Budgeting Fee Only Accounting Taxes 52

Your Richest Life

MAY 6, 2022

Consider taking what your payment was before the pause and depositing it into a savings account so you are getting in the habit of setting that money aside. At Your Richest Life, Katie Brewer, CFP®, believes you too should have access to financial resources and fee-only financial planning. About Your Richest Life.

Budgeting 52

Budgeting Planning Fee Only Government 52

Zoe Financial

FEBRUARY 16, 2023

Strategy #1: Donate Appreciated Securities Instead of Cash (Tax Prevention Strategy – Itemizing Optional) Gifting appreciated securities from an investment account can be a great way to improve tax efficiency. Many 501(c)(3) organizations can receive a direct transfer of shares from an investment account.

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Taxes Distribution CFP Accounting 40

Your Richest Life

SEPTEMBER 10, 2024

Make sure that the investments in your account reflect what you are trying to accomplish, both short and long term. About Your Richest Life At Your Richest Life, Katie Brewer, CFP®, believes you too should have access to financial resources and fee-only financial planning.

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Investing Investments Risk Tolerance Financial Planner 52

Inside Information

JULY 31, 2022

Doctors, lawyers and accountants have all achieved government recognition of their professional status. Doctors, accountants and attorneys are fundamentally responsible for their own regulation, enforcing standards they have set internally by working closely with the regulatory bodies.

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Financial Planner Financial Planning Ethics CFP 45

Sara Grillo

MAY 23, 2022

This interview with Cody Garrett, CFP, of Measure Twice Financial was mind-blowing. The advice-only movement is a bigger move than a shift in fees – it’s a transcendence to a higher level of morality, transparency, and service to the consumer. What is an advice-only financial planner? So please subscribe!

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Financial Planner CFP Financial Planning Education 52

Your Richest Life

FEBRUARY 27, 2024

If you had a maxed-out dependent care FSA (flexible spending account), however, then you are ineligible for this credit. About Your Richest Life At Your Richest Life, Katie Brewer, CFP®, believes you too should have access to financial resources and fee-only financial planning. There is no income cap for this credit.

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Taxes Fee Only CFP Financial Planning 52

Your Richest Life

JANUARY 31, 2022

If you have your savings in a traditional savings account, then high inflation will likely eat up some of your potential earnings, because most savings vehicles do not adjust for inflation. At Your Richest Life, Katie Brewer, CFP®, believes you too should have access to financial resources and fee-only financial planning.

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Investing Investments Taxes Education 52

Sara Grillo

JANUARY 9, 2023

We welcome Dwight Dettloff, CPA, CFP, and Knut Rostad to today’s discussion. Specific examples: Educating financial advisors of all business models (AUM, fee only, commission, etc.) Matching up advisors one on one to be accountability partners and support each others growth. Let’s get into it, folks!

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Financial Planning Planning Financial Planner CFP 52

Your Richest Life

MARCH 8, 2024

But if you don’t take an active role in the finances, start by making a habit of reviewing your accounts, keeping track of bills and talking regularly with your partner about your budget and money goals. Sit down together, go over your financial progress and ensure that you’re on the same page.

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Financial Planning Planning Medical Retirement Planning 59

Carson Wealth

AUGUST 28, 2022

CFP® , Director of Consumer Investment Research  . An AUM fee is charged to a client – for example, 1% annually – by the investment advisory firm. A portion of the fee is then paid to the financial advisor. Fees range based on the level of management, platform, firm and the types of assets held in client accounts. .

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Financial Advisor Commission Insurance Financial Planning 52

Clever Girl Finance

JULY 16, 2023

These can include complex family matters, multiple financial accounts, or managing cash flow from multiple sources of income. A Certified Public Accountant (CPA) is best equipped to support all your tax needs. Percentage-based fee or fee-only Some charge a percentage-based fee, which is a percentage of the amount you have invested.

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Financial Advisor Financial Planner Certified Financial Planner Investment Advisor 52