Education is an essential part of life and college is a necessity for most of us to build a successful career.
Hence, families should prepare financially for the process of applying to college and not wait until the last minute.
In this episode of Your Financial Advocate, Greg DuPont chats with Ann Garcia, author of How to Pay for College, about different ways to save for college and important things to know while financing tuition payments as we are on the verge of FAFSA season.
What motivated her to write the book: How to Pay for College
A brief overview of the financial aid process
Her tips for families who don’t know how to start the process of college
Why open a 529 plan and contribute to it constantly.
Why approximately a quarter of students are not applying for any financial aid
The college planning process information you can find on her website
The importance of parents being involved in the entire education process of their children
Ann Garcia is a CFP® and owner of Independent Progressive Advisors, a fee-only Registered Investment Advisor in Portland, Oregon, and the author of How to Pay for College and The College Financial Lady blog. Her blog has approximately 15,000 subscribers in various media. In addition, she is regularly in national media (New York Times, US News & World Report) on college planning. She earned a BA from the University of California.
Trying to predict the future is counterproductive. Instead of worrying about what is going to happen, ask yourself how you would handle a situation if it does happen.
In this episode, Greg DuPont is joined by Kirk Chisholm, wealth manager and principal at Innovative Advisory Group. Greg and Kirk dive into how to be financially resilient and think differently in order to be ready for those unexpected curveballs that life throws at us.
Greg and Kirk discuss:
The in-depth meaning of financial resilience
How to deal with unexpected financial curveballs in life
Why trying to predict a financial outcome is counterproductive
Why flexible thinking is so important for your future
Kirk Chisholm is a Wealth Manager and Principal at Innovative Advisory Group. His background and areas of focus are portfolio management and investment analysis in both the traditional and alternative investment markets. He has been providing wealth management services to individuals, executives, entrepreneurs, and their families, as well as businesses and organizations since 1999. Prior to integrating with Innovative Advisory Group in 2008, Kirk founded Stirling Global Advisors, LLC in 2005, a full-service private wealth management firm.
No one enjoys paying taxes—but we do have to recognize that taxes are inevitable and a part of our lives.
In this episode, Greg DuPont talks about finding opportunities to improve your financial situation based on your state’s tax structure and how to avoid putting your children in a situation where they are unable to pay taxes on their inherited gains once you have passed away.
The proposed changes to the current tax structure over the coming years
How to start saving on tax payments
Why a Roth conversion can be your best friend when looking into the future
The different types of taxes you may be subject to
Do you truly understand what life insurance is, the different types and policies available, and how it works?
In part four of this mini-series, Greg DuPont digs deeper into the fundamentals of life insurance. He discusses the significance of life insurance, the different types of insurance policies and real-life clients’ examples that will guide you in understanding more about the flexibility and familiarity with life insurance.
You will learn:
The most common types of life insurance policies and who they each serve
How to use life insurance as additional coverage for job insurance
The difference between variable universal life insurance versus traditional universal life insurance policies
How insurance coverage may change over time
Tune in to find out more about the fundamentals of life insurance!
Are you looking to get more, higher value yes(es) from prospects and clients? Matt Zagula, founder of the SMART Advisor Network may have the solution for you.
In this episode, Greg DuPont interviews Matt Zagula, founder of the SMART Advisor Network, member of Forbes Finance Council, and author of several books including Smart Retirement: Discover The Strategic Movement Around Retirement Taxation™ – with the third edition about to be released.
Matt shares his thrilling journey and offers exclusive insight to the SMART Advisor Network, sharing the risks and opportunities to assist advisors in better serving their clients.
You will learn:
The details of Matt Zagula’s entrepreneurial journey
What inspired Matt Zagula to create the SMART Advisor Network, and his vision for the future
The level of transparency insurance companies provide—is it enough?
What the TSR ratio is
How concerned people should be about their funds in insurance companies
Tune in to find out more about Matt Zagula and his unique take on the industry!