Zachery Otwell’s Post

From Smart Budgeting to Early Investing, one can attain financial freedom in the Early 20s! Tap the link to learn the Best Ways to plan your financial journey! 👇 #LinkedIn #MoneyMatters #PersonalFinance #IvestEarly #ManageYourMoney

Do your other clients do things this way? This question comes up often when clients discuss something deeply personal that they might feel some guilt about or that they might be second-guessing themselves. This is where the personal side of financial planning comes into play. Here are some recent examples: If you have someone utilizing 0% interest cards during a period of their life when expenses are running high, there is nothing wrong with that. Assuming you have a plan to avoid it in the future and have the income to pay off that debt. This is often followed by a broader discussion about lifestyle and ways to keep spending in check. Private vs. Public Schools: This is a deeply personal decision as well. There is no right or wrong answer, so doing what other clients are doing is not relevant. Paying Cash for a Car vs. Debt: I have seen almost every combination of things here. This depends on your situation, cash flow, pending retirement, savings, the value of your current car, and many other factors, like the current state of the new and used car markets. All this say, personal finance is personal and there are many shades of gray. It is also not worth comparing someone who is 45 with two kids at home to your average client who might be 72 and retired. You have no idea what that 72-year-old did with their finances before they became clients later in life. If your advisor isn't talking to you about this stuff, it might be worth looking around.

📈 Take Control of Your Financial Future: Create a Personal Financial Plan 📈 🔰 Namaste everyone 🔰 🍃Are you tired of living paycheck to paycheck? Do you dream of financial freedom and security? It's time to take control of your financial future by creating a Personal Financial Plan! 🍃A Personal Financial Plan is a roadmap that helps you achieve your financial goals, whether it's saving for a big purchase, paying off debt, or building wealth. By following these simple steps, you can create a plan that works for you: 🔸1. Set your financial goals: What do you want to achieve? Be specific and make sure your goals are measurable, achievable, relevant, and time-bound (SMART). 🔸2. Track your spending: Understand where your money is going and identify areas for improvement. 🔸3. Create a budget: Allocate your income into categories (housing, food, transportation, etc.) and make sure you're saving for your goals. 🔸4. Pay off high-interest debt: Focus on eliminating debt that's holding you back. 🔸5. Build an emergency fund: Save 3-6 months' worth of expenses in case of unexpected events. 🔸6. Invest for the future: Consider retirement accounts, stocks, or other investment options. 🔸7. Monitor and adjust: Regularly review your plan and make changes as needed. 🍃By following these steps, you'll be well on your way to financial freedom and security. Remember, a Personal Financial Plan is a dynamic document that evolves with your goals and circumstances. Take control of your financial future today and start building the life you deserve! #personalfinance #finance #investment #financialfreedom #investing #businessadvice #investments #invest #realestateinvesting #investmentproperty #personaldevelopment #debtfreecommunity #business #money #realestateinvestor

When will you be able to retire and live the lifestyle you've always pictured? How likely are you to cover education expenses for your children, afford your current lifestyle in retirement, and reach aspirational personal goals you've set for later in life? These are only two of the complicated questions I can help you answer when we work together to create your personalized financial plan. No matter what phase of life, how far ahead or how far behind, don't go through life without knowing the direction you're headed and what you are working toward. If you haven't updated your personal or family's financial plan or you've never completed the process of financial planning, don't wait any longer.

When will you be able to retire comfortably? How likely are you to reach your goals? These are just two of the questions I can help you answer when we work together to create your own personal financial goals. #retirementplanning #reachyourgoals

Dave Ramsey vs. Ramit Sethi vs. Suze Orman: Which Money Guru Should You Trust? Ever feel like you’re drowning in conflicting financial advice? 🧐 Dave Ramsey says to cut up your credit cards, Ramit Sethi wants you to spend guilt-free on what you love, and Suze Orman? She’s somewhere in the middle. In my latest blog, I break down the key differences between these personal finance heavyweights and explain why I lean toward Ramsey’s no-nonsense approach. Curious to know which method might work for you? Dive into the full comparison and see which philosophy matches your financial goals.

Dave Ramsey, Ramit Sethi, and Suze Orman each have strong opinions about how to manage your money, but they don’t always agree. In our latest blog, we break down their budgeting and personal finance philosophies so you can see which might work best for your financial goals. From Ramsey’s debt-free lifestyle to Sethi’s focus on earning more and Orman’s balanced approach to financial security, we compare them all. If you’re looking to build a financial strategy that’s right for you, start by reading the full blog on our website. 

Are you feeling lost in a world of complicated finance? As a financial planning professional, I act as a personal family CFO for clients who need help navigating the complexities of their financial lives. From investment advice to retirement planning, tax minimization to major purchases, I take the complicated world of finance and make it simple and easy to understand. With a completely customized plan tailored to your unique needs, I peel back the layers of your finances to plug any holes and ensure you have the tools to achieve financial well-being. Let's work together to adapt your plan as the years go by and achieve your financial goals. Book a meeting with my team and I to begin 👉 https://lnkd.in/g5Jx9VQU #financialadvisor #wealthmanagement #retirementplanning #insuranceprotection #peaceofmind #financialplanning #buildingwealth

Now that you’re out of your parents’ house and on your own, it’s time to get started on adulting toward a solid financial future. Here are ten things to do that can help get your feet on the ground.

Do you ever feel lost or overwhelmed when it comes to your finances? Many people find it challenging to manage their money effectively, let alone plan for the future. This is where professional financial advice can be invaluable. A financial adviser can help you: ◻️ Identify and define your financial goals: Whether it's buying a home, saving for retirement, or securing your children's education, a financial adviser can help you clarify your objectives. ◻️ Create a personalised financial plan: Your adviser will tailor a plan to your specific circumstances, considering your income, expenses, risk tolerance, and time horizon. ◻️ Choose the right investments: With so many investment options available, it can be difficult to know where to put your money. A financial adviser can recommend suitable investments based on your goals and risk profile. ◻️ Navigate complex financial matters: From pensions and mortgages to inheritance tax and estate planning, a financial adviser can guide you through the complexities of personal finance. ◻️ Stay on track: Life throws curveballs. Your adviser can help you adjust your plan as your circumstances change and keep you focused on your long-term goals. For more information about our financial planning services, please visit our website. #financialplanning #finance #money #financialwellness