How to Create A Financial Plan that Builds Generational Wealth
Time to plan for your future success. It’s a perfect time. Here’s your excuse; October is Financial Planning Month.
As such, it’s an amazing opportunity to level up like the rich.
In this episode, Lawrence Delva-Gonzalez aka our Neighborhood Finance Guy breaks down how you can structure yourself every month of the year in order to build wealth one step at a time. Alainta Alcin and Lovely Merdelus sitting this one out but they will be back in the next episode.
Table of Contents
Planning Tip From Someone who didn’t want to plan
In 2016, Lawrence attended two Financial advisory workshops by invitation in Washington, DC. These workshops were tailored to high earners racking in over $125,000+ per year single and over $250,000+ per year as a household.
To be honest, they weren’t talking about anything new to me (Law). Some people like to complicate things but we will “make this money make cents.”
While unspoken, financial advisory moves are based on a calendar of key events throughout the year.
For example, November kicks off health insurance selection and other changes at your job. On top of that, private accountants start formulating tax strategies for the next year for their clients as well as investment closeout for the current year.
It might sound complicated but this is why we break it down on this episode of the Financial Griot.
Share, Subscribe and Leave us a review. We read them all while drinking wine.
Resources for this Episode:
- How to Set up Your own Month-to-Month Million Dollar Financial Plan
- How I started investing? Making My First $50,000!
- How to Become a Millennial Millionaire in Less than 10 years!
Connect with TFG Crew:
- Alainta Alcin – Blogger, Travel and Money Enthusiast @its_alainta
- Lovely Merdelus – Entrepreneur and Small Business Growth Specialist @lovelymerdelus
- Lawrence Delva-Gonzalez – Federal Auditor, Blogger, and Tax Specialist @theneighborhoodfinanceguy
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