On My Way to Wealth
160 episodes - English - Latest episode: 1 day ago - ★★★★★ - 18 ratingsThe On My Way to Wealth Podcast is for anyone looking to expand their financial knowledge.
Whether you're looking to start your financial wellness journey, or you've been at it for years but have found the financial industry too rigid, elitist, and exclusionary, On My Way to Wealth has something for everyone.
Increase your financial aptitude by expanding your money mindset and financial planning prowess. Wealth isn't for a select few, wealth is for you!
Subscribe wherever you listen to your favorite podcasts for weekly episodes.
Visit https://www.onmywaytowealth.com/ to learn more.
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Episodes
158: Becoming Your Own Boss with John Prendergast
April 24, 2024 07:00 - 45 minutes - 104 MBJohn Prendergast founded Blueleaf, an all-in-one wealth management platform that handles reporting, billing, rebalancing, and practice management while helping advisors connect with and deliver for their clients. John built Blueleaf into a client-centric company that provides direct tech support to advisors and their clients, helping thousands of financial advisors better engage with their clients to build trust and nurture long-term relationships. In addition to his role at Blueleaf, John...
157: Ask Questions, Save Money, Make More with Special Guest Matt Schulz
April 10, 2024 07:00 - 34 minutes - 79.5 MBMatt Schulz is the author of "Ask Questions, Save Money, Make More: How To Take Control Of Your Financial Life" and is Chief Credit Analyst at LendingTree. A credit and personal finance expert, he has appeared on ABC World News Tonight, Good Morning America, NBC Nightly News, Today, and other national shows, and Bloomberg News, New York Times, Wall Street Journal, and other publications have showcased his expertise. A former journalist, he has run online news teams for TV stations, newspaper...
156: Your Money Vehicle - How To Begin Driving to Financial Freedom! With Jedidiah Collins, CFP®
April 03, 2024 07:00 - 43 minutes - 99.9 MBIn this special episode for Financial Literacy Month, Luis speaks with Jedidiah Collins, CFP®. Jed is also known as the fullback of finance, having played 5 seasons in the National Football League, and then transitioning into becoming a Certified Financial Planner™ pro. He’s also the author and creator of Your Money Vehicle, which is both a book and a premier financial literacy program, and he also hosts The Money Vehicle Movement Podcast. Tune in to learn how to drive the first mile in your...
155 Your Best Financial Life - Save Smart Now for the Future You Want With Anne Lester
March 06, 2024 08:00 - 51 minutes - 117 MBIn this episode, Luis speaks with Anne Lester. Anne is a retirement expert, author, media commentator, top-rated speaker and former Head of Retirement Solutions for JPMorgan Asset Management, where she worked almost 30 years. In 2020, Anne was recognized for her extraordinary lifetime contributions to Americans’ economic security with the prestigious Ray Lillywhite Award. She is on a mission to help rising leaders retire on their time and target. A top-rated speaker, Anne addresses the u...
154: Small Changes, Big Results! with Oliver Pursche, AAMS®, CEPA
February 28, 2024 08:00 - 49 minutes - 114 MBIn this episode, Luis speaks with Oliver Pursche. Oliver is a recognized thought leader with nearly 30 years of Financial Advisory Experience, currently with Wealthspire Advisors. His opinions and guidance on saving and investing are frequently requested by CNBC, Bloomberg Television and Radio, Kiplinger’s and Forbes Magazines as well as many other national and world-wide news outlets such as Reuters and Dow Jones. In his role as an advisor, Oliver has been named “amongst the best of the bes...
153: For the Love of Money - A Heartfelt Conversation on Navigating Your Financial Future Together
February 21, 2024 08:00 - 39 minutes - 90.2 MBIn this episode, Luis speaks with Ramona Ortega. Ramona is the CEO & Founder of WealthBuild, an AI-powered financial co-pilot that helps people make smarter financial decisions and build wealth. She previously founded, My Money My Future, a financial literacy and inclusion platform. She is an award-winning tech entrepreneur, public speaker, impact investor and forthcoming author. Ramona was named Crain’s Business Most Notable Women in Financial Advice in 2020 and 100 Most Influential Latina...
152: 5 Things to Know Before You File Your Taxes in 2024!
January 24, 2024 08:00 - 23 minutes - 52.8 MBHey there! Just wanted to give you a heads up about some important info for tax season 2024. Notes: In this episode Luis talks about: Important dates to know this tax season Getting organized The fastest and safest way to file your tax returns Last minute tax planning Common mistakes to avoid And much more…….. Resources: · Get an IRS Identity Protection PIN · IRS Free File Program · VITA and TCE IRS Pr...
151 Improve Your Health to Increase Your Wealth! with Edward Castillo
January 17, 2024 08:00 - 40 minutes - 93.4 MBIn this episode, Luis speaks with Edward Castillo. Edward is a Certified Personal Trainer and content creator. Have you ever thought about how going to the gym and managing your personal finances have a lot in common? Just like how going to the gym is essential for keeping your body healthy and fit, managing your personal finances is crucial for maintaining a healthy financial life. Notes: In this episode Luis and Edward talk about: How motivation alone won’t help you ach...
150: 2023 Year-End Tax & Financial Planning Strategies
November 22, 2023 08:00 - 18 minutes - 42.9 MBIn this episode, Luis talks about the year-end strategies that you can implement to lower your tax bill, and set up your finances to start 2024 with a bang! Notes: In this episode Luis talks about: The tax planning strategies he uses with his clients Tax Loss Harvesting How to best maximize your employee benefits Taking advantage of the current high interest rate environment And more…….. Resources: · Visit On My Way to Wea...
149: Rich Habits with Thomas C. Corley, CPA, CFP®, M.S. Tax
October 25, 2023 07:00 - 51 minutes - 118 MBIn this episode, Luis speaks with Tom Corley. Tom is CPA, CFP® Pro, holds a Master’s Degree in Taxation, and is a bestselling/award-winning author. His books include: Rich Habits, Rich Kids, Change Your Habits Change Your Life, Rich Habits Poor Habits and Effort-Less Wealth - Smart Money Habits at Every Stage of Your Life. Tom has appeared on or in CBS Evening News, The Dave Ramsey Radio Show, CNN, MSN Money, USA Today, The Huffington Post, SUCCESS Magazine, Money Magazine, and many ot...
148: Living Life on Purpose with Daniel Crosby, Ph.D.
October 18, 2023 07:00 - 51 minutes - 118 MBDr. Daniel Crosby is a psychologist and behavioral finance expert who helps organizations understand the intersection of mind and markets. Dr. Crosby's first book, Personal Benchmark: Integrating Behavioral Finance and Investment Management, was a New York Times bestseller. His second book, The Laws of Wealth, was named the best investment book of 2017 by the Axiom Business Book Awards and has been translated into 12 languages. His latest work, The Behavioral Investor, was Axiom's best inves...
147: Redefining Your Riqueza (Wealth) with Lea Landaverde
October 11, 2023 07:00 - 46 minutes - 15.9 MBIn this episode, Luis speaks with Lea Landaverde. Lea is also known as the Latina Wealth Activist, and is a revolutionary financial professional and creator. She is a First-Generation, Queer, Latina based out of Dallas, Texas. Lea is the Founder of The Riqueza [Ri-ke-sa] Collective, a holistic financial coaching practice dedicated to providing bilingual financial education to the next generation of wealth builders. She is also the voice of Mi Riqueza Podcast: a Podcast Redefining th...
146: Si Se Puede: Creating Your Own Path to Success with Carlos Hernandez
October 04, 2023 07:00 - 47 minutes - 108 MBIn this episode, Luis speaks with Carlos Hernandez. Carlos “Charlie” Hernandez is the founder and CEO of Crediverso. A Los Angeles native, Carlos is the grandson and son of Hispanic immigrants and grew up not only listening to stories but seeing first-hand how the U.S. financial system affected the Hispanic immigrant experience. Carlos has always been keenly aware that this system was not designed for the Spanish-speaking or Hispanic community, even though these individuals represe...
145: On My Way to Wealth, Health & Happiness with Miri Rodriguez
September 20, 2023 07:00 - 46 minutes - 106 MBIn this episode Luis speaks with Miri Rodriguez. Miri is a globally recognized Storyteller, bestselling author of Brand Storytelling and owner of Be Mindful Be Happy. Miri brings 15+ years of expertise, valuable industry and consulting insights matched with a lighthearted and authentic delivery approach. Miri has earned several awards in digital marketing and customer experience and is ranked as top in-demand speaker at leading industry conferences around the world. Her social advocacy and ...
144: Reach Your Financial Edge with Vanessa N. Martinez, MBA
September 13, 2023 07:00 - 43 minutes - 99.1 MBIn this episode Luis speaks with Vanessa N. Martinez, MBA. Vanessa is the CEO and Founder of Em-Powered Network, bringing over fifteen years of experience in wealth assessment and guidance. Barrons Top 100 Women Advisor 2020 & 2022, Forbes Top Women Wealth Advisor 2020 & 2021, Forbes Best in State 2021-2022. She is dedicated to building meaningful relationships and helping clients pass on a legacy rooted in strong values. Co-author of Family Values at Risk, Inclusive Communication to Pass on...
143: Is It Time to Rebalance My 401k?
September 06, 2023 07:00 - 16 minutes - 38.9 MBIn this episode Luis talks about the importance of rebalancing your 401k. If you have a retirement plan at work and have not made any changes for a long time, tune in to learn more! Notes: In this episode Luis talks about: ● What rebalancing your 401k means ● The importance of rebalancing your 401k ● How often you should rebalance your 401k ● The one thing people forget when they rebalance their 401k And more…….. ...
142: How I Achieved a Perfect 850 Credit Score
June 21, 2023 07:00 - 24 minutes - 55.9 MBIn this episode Luis shares how he obtained the highly coveted perfect credit score. If you’re looking to improve your credit score, tune in to learn more about what you should be doing today! Notes: In this episode Luis talks about: · How having a good credit score impacts other parts of your finances · The different parts that make up your overall credit score · Often overlooked mistakes that lower your credit score · How to...
141: Developing a CEO Mindset & Leveling Up Your Finances
June 07, 2023 07:00 - 53 minutes - 123 MBIn this episode Luis speaks with Jason LeDuc, CEO of Evil Genius Leadership Consultants. Jason served twenty years in the United States Air Force and retired at the rank of Lieutenant Colonel in 2015.He started Evil Genius Leadership Consultants to bring the best leadership and strategy lessons from the military to the civilian world. He maintains his growth as a leader through learning the best practices of various industries as he trains government and corporate clients, non-profit organi...
140: Exploring the Intersection of Aging Health, Wealth and Longevity
May 31, 2023 07:00 - 53 minutes - 122 MBIn this episode Luis speaks with Barbara Micheletti, MS, Gerontologist & the CEO of Interrupting Aging LLC. Becoming a now 25-year Gerontologist for Barbara Micheletti was inevitable - finding her passion for helping financial, insurance, and seniors-focused industry leaders help their clients financially and emotionally plan, in advance, for age-related issues was firmly rooted in her childhood after witnessing elderly neighbors face social isolation, financial & physical challenges and la...
139: What You Need to Know Before You Apply for a Mortgage Loan
May 24, 2023 07:00 - 50 minutes - 115 MBIn this episode Luis speaks with Thomas Russo. Tom is the Managing Member of Coltrain Funding Group, located in NY. With over 25 years of experience in mortgages, Tom loves to help individuals and families achieve their dream of homeownership. Tune in to learn more about what you need to know before you apply for a mortgage loan. Notes: In this episode Luis and Tom talk about: The difference between a mortgage banker and a mortgage broker The criteria that lenders look at in order to ...
138: What You Need to Know Before You Borrow From Your 401K
April 12, 2023 07:00 - 24 minutes - 57.2 MBSometimes we find ourselves in need of additional cash. Whether it’s to pay off debt, buy a house, deal with an emergency or finance a project, it can be tempting to take money out of or borrow from our retirement plans. Tune in to learn more about what you should know before you borrow from your 401K. Notes: In this episode Luis speaks about the following and more: The difference between a 401k withdrawal and a 401k loan The pros and cons of borrowing from your 401k Little known ...
137: Strengthen Your Marriage & Level Up Your Finances
March 08, 2023 08:00 - 54 minutes - 125 MBIn this episode Luis speaks with TV’s #1 relationship expert! Pastor Cal from the TV show Married At First Sight. Tune in to learn how to make your marriage and your finances stronger as a power couple. Pastor Cal is a sought-after magnetic speaker, acclaimed author, marriage coach, and relationship expert. As an ordained minister and pastoral counselor, Pastor Cal has dedicated nearly three decades to public speaking, teaching and relationship- building. He holds a BA in Theology from ...
136: The Top 6 Ways To Make Your Tax Refund Work For You in 2023!
March 01, 2023 08:00 - 22 minutes - 52.4 MB‘Tis the season to be jolly! It’s tax refund season for most people. Want to learn my top 6 Ways to make your tax refund work for you in 2023? Then tune in to this episode! Notes: In this episode Luis talks about: Different types of accounts to make your money work for you Credit card payment strategies Different types of investment accounts Protecting Your Family Investing in Yourself Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 The BLX Intern...
135: 4 Things Every Solopreneur Should Know!
February 15, 2023 08:00 - 20 minutes - 47.3 MB4 Things Every Solopreneur Should Know! Whether you have a side hustle or left your job to become a business owner, there are things that you should do in order to operate your business more efficiently. Tune in to learn the 4 things every solopreneur should know! Notes: In this episode Luis talks about: Keeping business and personal separate Forming a legal business entity Paying estimated taxes during the year Planning for your own retirement Resources: Download the 3 Fundamen...
134: Converting Funds to a Roth IRA When the Stock Market is Down
February 08, 2023 08:00 - 20 minutes - 46.6 MBRoth IRAs are a great way to have tax free income in retirement. If you have pre-tax funds in a Traditional IRA or 401K, you may benefit from converting those funds into a Roth IRA. Tune in to learn strategies you can use and the pro’s and con’s to help you make an informed decision. Notes: In this episode Luis talks about: What is a Roth IRA? How much you can contribute to a Roth IRA What is a conversion and how does it work? The pro’s and con’s of doing a Roth conversion The b...
133: Why You Need an Estate Plan with Andres Mazabel
February 01, 2023 08:00 - 38 minutes - 87.5 MBIn the newest episode of On My Way to Wealth, I sit down with Andres Mazabel, Head of Advisor Solutions at Trust & Will. Having spent 10+ years in private banking, he's now on a mission to help advisors implement estate planning and deliver comprehensive planning. Andres views estate planning as a huge opportunity for financial advisors to deepen relationships, add value, and implement legacy planning conversations. Notes: In this episode Luis and Andres talk about: -What you need to k...
132: Top 6 Moves to Make After a Layoff
January 25, 2023 08:00 - 18 minutes - 42 MBIf you have been watching the news or scrolling social media, you may have noticed some large companies have recently laid off thousands of their employees. Being laid off and not having that steady income can be scary for many people. Tune in to hear my six money moves you should make after being laid off. Notes: In this episode Luis talks about: Reviewing your severance package & expenses How a financial advisor can help you navigate life after a layoff Resources avai...
131: Creating Financial Success in 2023 & Beyond
January 18, 2023 08:00 - 20 minutes - 48 MBMany people take advantage of the new year to make new year’s resolutions. Some people decide to go on a diet, start a new fitness regime or learn a new hobby. If your new year’s resolution is to budget, then I’m going to give you a few tips on how to create financial success in 2023. The word budget does not have to be a scary word. In this episode, I talk about creating a budget that gives you the ability to enjoy your life and still do things you love so you don’t feel like you are restri...
130: Rent or Own? What Gen Z Should Know Before Living On Their Own For The First Time
December 14, 2022 08:00 - 21 minutes - 48.6 MBIn this episode Luis talks about: Long-term cost and benefits of buying a home vs. renting The biggest difference between renting and owning Cost-benefit analysis and what you are able and willing to spend How much of your time can you invest into home ownership Bottom line for Gen Z Resources: Read Luis's Article Here! Lets Make a Plan Website Download the 3 Fundamental “Money Moves” to Make Before Turning 45 The BLX Internship Program Luis’ LinkedIn Luis’ Twitter ...
129: When Opportunity Knock$ with Louis Barajas, MBA, CFP®, EA
November 30, 2022 08:00 - 45 minutes - 105 MBIn today’s episode, Luis speaks with Louis Barajas. Louis is the first Latino CERTIFIED FINANCIAL PLANNER™ pro, speaker, author, and entrepreneur. Growing up in East Los Angeles to Mexican immigrant parents, Louis was passionate about imparting financial wisdom to the unbanked Latin community. However, seeing the deficiency in just financial planning, he was inspired to help his community achieve success. It’s about putting people first, financial planning, and finally, financial doing! Lou...
128: 2022 Year-End Planning Opportunities
November 16, 2022 08:00 - 15 minutes - 35.7 MBThere’s still time to make some money moves in 2022. Tune in to episode 128 to learn what you can do to end 2022 strong and start 2023 with great momentum. Notes: In this episode Luis speaks about the following: Student Loan Payments Resuming Reflecting on Life Changes That Happened During the Year Rebalancing Your 401K and the New Contribution Limits New Contribution and Income Limits for Roth IRAs Opportunities before Year-end and Starting 2023 with a Bang! Resources: Dow...
127: Growing up Latina with Arelis Correa
October 12, 2022 07:00 - 43 minutes - 100 MBArelis Correa serves as VP, Director, Global Acquisition for Brown-Forman Corporation. With a specialization and passion for recruiting talented people to join Brown-Forman, Arelis has served in talent acquisition roles with increasing responsibility during her 18 years at the company. This includes stints supporting Brown-Forman’s former North America Region, as well as its International divisions. Arelis assumed leadership responsibility for Global Talent Acquisition in 2018 and was named ...
126: Growing up Latina with Joyce Rojas
October 05, 2022 07:00 - 43 minutes - 99.8 MBJoyce Rojas has positively impacted thousands of people’s lives by shifting their relationship with money. She’s the national and international bestselling author of 31 Badass Money Mindset Affirmations, has been a top financial advisor at Fortune 500 companies, holds a Master’s in Business Administration, and recently opened her own investment firm. But what she’s most proud of, is the journey to these accomplishments. As a daughter of immigrant parents, she never learned about investing ...
125: Growing Up Latino with Uziel Gomez
September 28, 2022 07:00 - 53 minutes - 121 MBUziel is a first-generation college graduate. He was born and raised in San Fernando, California, where his parents migrated after leaving their native country, Mexico. Uziel’s dad is a construction worker, and his mom is a homemaker. Growing up in a low-income household, Uziel explored careers where he could serve as a resource to empower his family and community. Uziel graduated from California State University, Northridge, with a bachelor’s degree in Financial Planning. He’s currently c...
124: Growing up Latina with Joelle L. Martinez
September 21, 2022 07:00 - 52 minutes - 120 MBIn this special Hispanic Heritage Month Edition episode, Luis speaks with Joelle L. Martinez. Joelle is the president and CEO of the Latin Leadership Institute. Joelle is a nationally recognized executive, strategist, speaker and facilitator. A visionary leader, Joelle has dedicated her life to helping cross-sector leaders realize their individual potential as well as the economic and social opportunities present by an increasingly diverse U.S. populace. Prior to the Latino Leadership...
123: Growing up Latina with Valerie A. Rivera, CFP®
September 14, 2022 07:00 - 38 minutes - 88.7 MBIn this special Hispanic Heritage Month Edition episode, Luis speaks with Valerie Rivera. Valerie is the founder of FirstGen Wealth, a financial planning practice serving early to mid-career first-generation wealth builders across the country. She is passionate about normalizing quality financial advice and educating people on becoming financial powerhouses! Valerie Rivera is a proud Latina and first-gen Mexican-American. She was born and raised in the Southside of Chicago. She continues t...
122: My Thoughts on Bank of America’s No Money Down Mortgage Loan
September 07, 2022 07:00 - 18 minutes - 41.3 MBBank of America recently announced a new no money down mortgage program for first-time home buyers, called the Community Affordable Loan Solution™. Tune in to learn about this new program, and to hear my thoughts on no money down mortgage loans. Notes: In this episode, Luis speaks about the following and more: Bank of America’s Community Affordable Loan Solution™ What private mortgage insurance is and how it can increase your mortgage payment What debt-to-income-ratio is and how it’...
121: Student Loan Forgiveness; What You Should Know
August 31, 2022 07:00 - 10 minutes - 22.9 MBThe Department of Education recently announced a new plan which will provide for additional deferment of payments on federal student loan debt, as well as loan forgiveness for millions of borrowers. Tune in to learn the qualification criteria and see if you’re eligible. Notes: In this episode, Luis speaks about the following and more: Extension of the student loan repayment pause Income guidelines for student loan forgiveness eligibility Changes to the income-driven repayment plan ...
120: The IRS is Hiring 87,000 New Agents; Should You Be Worried About an Audit?
August 24, 2022 07:00 - 10 minutes - 25 MBThe Inflation Reduction Act was recently signed into law and allocated $79 billion dollars for the IRS. The IRS is said to hire 87,000 full-time employees, which has caused some concern from some regarding the likelihood of IRS audits increasing. Tune in to learn why the IRS needs this kind of funding, and the things the new budget will be allocated towards. Notes: In this episode, Luis speaks about the following and more: IRS budget and employees for the past 10 years IRS delays in p...
119: How New Changes to Medical Debt Reporting Can Boost Your Credit Score
August 17, 2022 07:00 - 16 minutes - 38.6 MBAccording to the Consumer Financial Protection Bureau, Americans are struggling with over $88 Billion dollars in medical debt. Tune in to learn how new medical debt reporting changes will impact your credit scores. Notes: In this episode, Luis speaks about the following and more: New changes to medical debt collection reporting on credit reports Understanding your explanation of benefits Tips to navigate medical debt How to plan ahead in order to maximize your health insurance b...
118: How to Save Taxes by Using a Dependent Care FSA
August 10, 2022 07:00 - 11 minutes - 27.2 MBChildcare is one of the biggest expenses for some families. Tune in to learn how to take advantage of the pre-tax benefits of a Dependent Care Flexible Spending Account. Notes: In this episode, Luis speaks about the following and more: What is a Dependent Care FSA? Eligible Expenses Dollar limitations Coupling Dependent Care FSAs with other pre-tax benefits to maximize your tax savings Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcell...
117: Term Life vs. Whole Life Insurance: Which One is Best?
July 06, 2022 07:00 - 16 minutes - 37.2 MBLife insurance is an important aspect of your overall financial plan. With so many options available, how do you know which one is best? Tune in to learn about the two most common types of life insurance and which one is best for your circumstances. Notes: In this episode, Luis speaks about the following and more: When you need life insurance Term Life vs. Whole Life A Little-Known Type of Term Insurance Buying Term and Investing the Difference Resources: Download the 3 Fund...
116: 7 Steps to a Bad Ass Retirement with Jose V. Sanchez, CFP®
June 29, 2022 07:00 - 46 minutes - 107 MBJose is from the small town of Glorieta, New Mexico. Although poor monetarily, he was raised in an environment that was wealthy in traditions, family, and community. His parents were both educators and community leaders, and inspired Jose throughout his life. He learned the value of a hard-earned dollar and the effort and sacrifices to keep it. Jose is a military veteran, the founder of his own fee only flat fee financial planning and investment management firm working in and beyond Santa Fe...
115: 4 Things You Need to Know About Bear Markets
June 22, 2022 07:00 - 12 minutes - 27.6 MBThe S&P 500 is now in bear market territory. Before you make any moves, tune in to learn four things you need to know about bear markets. Notes: In this episode, Luis talks about the following and more: Definition of bear market Average occurrence and length of bear markets The one thing you should not do during a bear market The importance of a diversified portfolio Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a b...
114: Inherited IRA Rules - What You Need To Know
June 15, 2022 07:00 - 21 minutes - 50.3 MBInherited IRAs can be a great way to continue to build wealth. Tune in to learn the IRS distribution rules in order to minimize taxes on your distributions and take advantage of tax deferred growth. Notes: In this episode, Luis talks about the following and more: Required Minimum Distributions Spouse vs Non-Spouse IRS rules IRAs with Multiple Beneficiaries The benefits of disclaiming all or part of the inherited assets Resources: Download the 3 Fundamental “Money Moves” to M...
113: 5 Ways You Can Build Generational Wealth
June 08, 2022 07:00 - 26 minutes - 60.5 MBA solid financial foundation is key to building generational wealth. Tune in to listen to easy to implement ways that you can start on your money journey and build a better financial future for yourself and generations to come. Notes: In this episode, Luis talks about the following and more: The importance of generational wealth How to help your kids build credit The gift you can give your kids at an early age to give them a head start Why estate planning is not only for the rich...
112: How to Grow Your Net Worth Like the Wealthy
June 01, 2022 07:00 - 28 minutes - 65.8 MBKnowing and keeping track of your net worth is a great tool to measure progress in your finances. Tune in to learn how to grow your net worth and build a better financial future. Notes: In this episode, Luis talks about the following and more: How to calculate your net worth Strategies for growing your net worth Good debt vs. bad debt Ways to protect your net worth Resources: Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a bran...
111: What To Do (and not) When the Stock Market Dips
May 18, 2022 07:00 - 19 minutes - 44.1 MBThe major stock market indices are in negative territory year to date. With talks of a possible recession, inflation, and the war between Russia and Ukraine, there is a lot of uncertainty. Tune in to learn the do’s and don’ts when the stock market is down so that you protect your investments and don’t make a fear based decision. Notes: In this episode, Luis talks about the following and more: Panic selling Knowing your risk tolerance The importance of diversifying your investments ...
110: Should Inflation Really Concern You?
May 11, 2022 10:00 - 22 minutes - 51.3 MBPrices of goods and services continue to rise as a result of inflation. Tune in to learn how this impacts your personal finances and some things you can do to help offset the effects of inflation. Notes: In this episode, Luis talks about the following and more: What inflation is and why it happens How your money in the bank is actually losing money over time The second silent killer eating up your money’s purchasing power What you need to become in order to outpace inflation over ti...
109: How to Teach Your Kids About FUNancial Literacy with Mac Gardner, CFP®
May 04, 2022 07:00 - 37 minutes - 84.7 MBFinancial education starts at home. Now more than ever, it is important to teach our kids about personal finance at a young age. Tune in to my conversation with Mac Gardner, CFP® where we talk about Mac’s book, The Four Money Bears as well as the game/app currently in development. Notes: In this episode, Luis & Mac talk about the following and more: The importance of teaching our kids financial literacy at an early age The Four Money Bears Closing the generational wealth gap How ...