"This is by far my favorite topic" - Joshua E. Hernandez
Whether your net worth is $10 million or $10 thousand, each money milestone impacts your future.
Books have been written about this topic. I host classes on it. And I use these 7 Milestones as a guide to identify specific steps to take in pursuing the next stages of our financial goals.
I call this a "Financial G.P.S."
It includes a list of specific recommendations designed to help you navigate from where you are today to where you want to be on your financial journey.
Creating your customized "Financial G.P.S." happens over two thoughtful meetings:
1 – Discovery Meeting:
We’ll discuss your most important mid-term and long-term financial goals. I’ll take notes as we review your overall financial picture and what’s currently supporting those goals.
2 – Implementation Meeting:
We’ll go over my recommendations using the 7 Money Milestones as a guide to identify which areas need more attention and what adjustments may be needed to improve your chances of achieving those goals.
You’ll choose which strategies you’d like to implement, and I’ll help ensure they’re implemented correctly.
A Summary of the 7 Money Milestones and the areas we'll cover during our conversations:
- Financial Education: Classes/Books/1-on-1 Coaching
- Adequate Income Protection: Insurance Strategies
- Emergency Fund: To Support Short and Mid-Term Goals
- Debt Management: Creating a "Debt Free" Date
- Cash Flow: Budgeting Plan
- Build Wealth: Retirement Strategies with a focus of growing your wealth, while reducing risk and taxes where possible
- Protect Wealth: Estate Preservation and Legacy Planing