As a CERTIFIED FINANCIAL PLANNER™ and former financial advisor, I offer guidance to Elizabeth in this vid, whose situation is relatable to many others! I asked subscribers to send me their financial details if they wanted a review and it was so fun putting this together!
I was a single mom back when I was first getting my finances sorted out (about 10 years ago) and the process of doing so was life changing. I hope this video helps to set this subscriber and many of you up for a great financial future!
???? Chapters:
00:00 Intro
01:22 Email from Subscriber
04:53 Financial Workbook Intro
05:00 Debt repayment calculations
07:53 My recommendations to pay off debt
10:16 Investing growth after eliminating debt
11:33 Reviewing Investments
17:08 Term vs. Whole Life Insurance
20:41 Final Thoughts + My services
? Resources mentioned:
The Financial Workbook: https://startinvestingwithconfidence.moneywithmaggie.com/offers/JyTbXaWk/checkout
My services: https://bit.ly/financialguidanceservices
Target Date Fund Video: https://youtu.be/U9zxBaNEd7w?si=duxYXvR4fmKNJM4F
Investment growth calculator: https://smartasset.com/investing/investment-calculator
2nd investment growth calc (I used this because the first only goes 30 years out): https://www.calculator.net/investment-calculator.html
???? Watch my free Passive Income training: https://startinvestingwithconfidence.moneywithmaggie.com/passive-income
???? Grab my 4 Steps to Invest, Quick Start Guide: https://bit.ly/4stepstoinvest
???? Catch Daily Tips Instagram: https://www.instagram.com/moneywithmaggie
About draft: Lack of knowledge and confidence shouldn’t be the reason you’re not investing in the stock market
??Watch my Investment Help playlist here: https://youtube.com/playlist?list=PLxkXmnRlyF4i5cXskFfSrpG0pBVQrZNuo
Share this video: https://youtu.be/mKVcd7bNe48
Hi there! I hope you found this video helpful in your financial journey! I'd love to know what you're focused on with your finances this year so I can create more vids to help make it easier ?
Maggie, love the idea of picking a subscriber's situation. Something new and different. ????
Such a good real-life example. Still shocking to see how much more quickly she could tackle her debt with a different strategy!