Financial Mistakes of New College Graduates
by Head Geek
So I was interviewed for Insurance News Net about use of technology in the Covid world, and it led to a discussion about processes and technology.
Here it is: https://insurancenewsnet.com/innarticle/ready-or-not-the-year-that-pushed-advisors-into-tech#.X6VN_CySmUk
by Head Geek
2020 is nothing like what we expected, and those who have graduated this year are experiencing an unprecedented entrance into adulthood.
Please invest the 35 minutes to allow me to help you in this transition and get on the right path for your journey.
by Head Geek
I was asked to do a talk for a virtual career fair last year. The messages are still the same and will help those transitioning from college to work handle student loans, savings, and basic risk management.
by Head Geek
Just because the average new college graduate this year will have over $30k in student loan debt does not make them bad.
The fact that they have no clue how to repay it effectively, nor the $10k+ of consumer debt, is bad.
That is why you should get your grad a copy of “Financial Mistakes of Young Americans” (available on this site or at Amazon) because the section “The 10 Minute Debt Plan” will show the most mathematically efficient way to pay down the debt, and give your grad a PLAN so they feel good about what they are doing.
The book also has a bunch of other valuable info to help them out, so splurge and spend the ten bucks to give them the guidance that they didn’t get in school.
by Head Geek
May was Disability Awareness Month.
If you are the only one dependent on you, Disability Insurance (DI) is the bedrock of your financial plan. If you have no income, you can’t save. Or invest. Or anything.
DI is dirt cheap. If you use your brain for your living, you can supplement employer paid DI for less than the cost of a couple beers per month. Not even good beers!
So contact your financial advisor and discuss DI.
Don’t have one? Contact me and I will introduce you to one.
by Head Geek
21 years ago today I started in the financial services. Back then there were no Roth IRA’s, Long Term Care insurance basically didn’t exist. Banks and insurance and investments were all separate, email was barely used and no texting.
by Head Geek
If you have the special friends code for purchases, insert a”/” after the first “e” in your code because of some weird bug.
by Head Geek
Hopefully early next week, both “Do You Want To Make MDRT, Or Not?!” and “Financial Mistakes of Young Americans” will be available on Amazon Kindle.