On My Way to Wealth: Recent Episodes
Luis Rosa, CFP® EA
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. From participating as an FPA NexGen ambassador and host, to speaking at the CFP Board Center for Financial Planning’s Diversity Summit, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the industry. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
In this episode, Luis goes over the highlights of the Trump Accounts and talks about whether or not these can make sense to invest in your child's future.
In this episode, Luis talks about the following:
- How Trump Accounts work
- When the Trump Account is the wrong type of account to use
- Alternatives to use instead of or in addition to Trump Accounts
- Strategies you can use to better optimize the Trump Accounts
And much more…….
Resources:
Get the Ultimate Guide to Taxes!
Learn more about Trump Accounts
https://www.savingforcollege.com/article/what-is-the-kiddie-tax
https://www.kitces.com/blog/taxable-accounts-custodial-kiddie-tax-obbba-trump-accounts-one-big-beautiful-act-roth-rmd-529-plan/
In this episode, Luis goes over the highlights of the One Big Beautiful Bill Act and how it impacts your 2026 taxes and beyond.
In this episode, Luis talks about the following:
- Tax preparation vs. tax planning
- The Big Beautiful Bill Act
- No Taxes on Overtime
- No Taxes on Tips
- Enhanced Senior Deduction
And much more…….
Resources Mentioned:
Get the Ultimate Guide to Taxes!
Learn more about Trump Accounts
In this episode, Luis speaks with Graciela Laurent, a published, award-winning, and professionally certified portrait photographer, she weaves a tapestry of spirituality, healing and visual artistry. As an intuitive Reiki Master, Graciela infuses her photography with a profound spiritual dimension, creating more than just images—she captures the essence of a person.
As the co-founder of Body & Soul Ministries, Graciela extends her passion for authenticity and freedom beyond photography. In the Ministry, her roles as Reiki Master, Cacao Ceremonialist, Sound Practitioner and Forest Therapy Guide take center stage, providing a transformative and sacred space for individuals on their healing journey.
In this episode, Luis and Graciela talk about the following:
- The importance of intentional goal setting
- The practical side of Vision Boards and why they’re not just “magical thinking”
- Breaking the generational wealth cycle
- The power of measuring your goals as a means to improve your success
And much more…….
Resources Mentioned:
https://gracielalaurent.com/
https://bodyandsoulministries.love/
Cacao Conversations Podcast
Just like your car needs a regular check-up, so do your finances! In this mid-year money maintenance episode, we walk through 7 essential tips to help you stay on track and in control. From revisiting your financial goals and rebuilding your vacation fund to reviewing your credit report, retirement contributions, and estate plan—we cover all the bases. Whether you're optimizing your budget, checking in on your emergency savings, or adjusting your tax withholdings, this episode will help you tune up your finances for a smoother ride into the second half of the year.
Resources Mentioned:
- Credit Report: annualcreditreport.com
- IRS Identity Protection PIN: irs.gov/identity-theft-fraud-scams/get-an-identity-protection-pin
- Tax Withholding Estimator: irs.gov/individuals/tax-withholding-estimator
Congress just passed one of the largest tax overhauls since 2017 — and while much of the news has focused on cuts to programs, there are several tax changes that could directly affect you.
Whether you're an employee, retiree, parent, or small business owner — tune in to learn what you need to know and learn about tax planning opportunities.
In this episode, Luis discussed changes or updates to the following:
- Tips & Overtime Income
- Social Security Taxation
- Car Loan Interest Deduction
- State & Local Tax Deduction
- Child Tax Credit
- Student Loan Changes
- And much more……….
In this episode, Luis talks about tariffs, their mechanisms, the Federal Reserve's role in inflation control, and the overall impact on personal finances.
In this episode Luis discusses:
- What tariffs are
- How tariffs work
- The Federal Reserve & Inflation
- Impact on Personal Finances
And much more…..
Resources:
Luis’ LinkedIN
Luis’ X/Twitter
Luis’ IG
On My Way to Wealth YouTube Channel
In this episode, Luis speaks with Alex Vazquez. Alex is a top producing Realtor® and award-winning team leader, including three-time 40 Under 40 Top Realtors. As a real estate professional, Alex is passionate about helping clients reach their real estate objectives through buying, selling, and investing.
In this episode Luis and Alex discuss:
· The role of a Realtor® in the homebuying and selling process
· How the new compensation rules affect homebuyers
· Little known benefits of purchasing new construction homes
· The pros and cons of Homeowners Associations
And much more…..
Resources:
Follow Alex on Instagram
Follow Alex on YouTube
Visit Alex’s Website
Follow Luis on Instagram
Follow Luis on X
On My Way to Wealth Youtube Channel
Visit Luis’ Website
Connect with Luis on LinkedIn
Dan Solin is the New York Times bestselling author of the Smartest series of books, which include The Smartest Investment Book You’ll Ever Read, The Smartest 401(k) Book You’ll Ever Read, The Smartest Retirement Book You’ll Ever Read, The Smartest Portfolio You’ll Ever Own, The Smartest Sales Book You’ll Ever Read and The Smartest Money Book You’ll Ever Read. He is also the author of Ask: How to Relate to Anyone and Does Your Broker Owe You Money?
In 2005, he testified as an investor advocate before the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises of the Committee on Financial Services in the U.S. House of Representatives.
His latest book is Wealthier: The Investing Field Guide for Millennials. The website for Wealthier is https://wealthierbook.com.
Dan is a regular blogger for Advisor Perspectives.
Dan graduated from Johns Hopkins University and the University of Pennsylvania Law School.
He practiced law in New York City for many years before retiring. As an attorney, he represented many investors harmed by the misconduct of brokers.
He was formerly a registered investment advisor with several prominent advisory firms.
He resides in Bonita Springs, FL with his wife, Patricia.
In this episode Luis and Dan discuss:
· Why investing does not need to be complicated
· Tips for Millennials and anyone getting started in their financial journey
· How to eliminate distractions in life and get focused on your goals
· Focusing on what matters most
And much more…..
Resources:
Get the book: Wealthier – The Investing Field Guide for Millennials
Follow Dan on Facebook
Connect with Dan on LinkedIn
Follow Dan on Instagram
Follow Dan on X
Follow Dan on Tik Tok
Get Dan’s Books on Amazon
Find a financial advisor on the XYPN Planning Network
Get The Little Book of Common Sense Investing by Jack Bogle on Amazon
Get the If You Can book by William Bernstein on Amazon
In this episode, Luis speaks with Jonathan Wong, CFP®. Jonathan Wong is the Founder and CERTIFIED FINANCIAL PLANNER™ professional of Layari Financial, a fee-only comprehensive financial planning practice helping individuals, growing families, business owners and high-level executives organize, grow and protect their assets through life’s transitions.
Jon founded Layari Financial to offer a better experience.
After 15 years working for larger financial planning practices, he decided to follow his dream of starting his own firm. His mission is to serve people like himself: a first generation minority, ambitious in taking control of his financial future.
In this episode Luis and Jon discuss:
· The entrepreneurial journey and the importance of having a strong why
· How to setup a strong financial foundation
· Changing your mindset to set yourself up for financial success
· Empowering your children via education in order to create generational wealth
And much more…..
Resources:
Connect with Jon
Monarch Money Budgeting App
John 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 hosts The Augmented Advisor podcast, featuring the most successful creators in wealth management. The podcast offers valuable real-world marketing tools and strategies for RIAs, wealth managers, and B/Ds to build an audience, establish a brand, and grow their business. John holds an MBA from Northwestern University's Kellogg School of Management and a BA from Boston College.
In this episode Luis and John discuss:
· How not to be afraid of taking risks as an entrepreneur
· How to test your idea with little investment
· How to be an entrepreneur while being an employee
· The importance of mission and passion while building your business
And much more…..
Resources:
Connect with John on LinkedIn
Being an Entrepreneur as an Employee LinkedIn Post
Alex Hormozi Book mentioned in the show
Follow John on IG
Follow John on X
Blueleaf.com
Matt 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, newspapers and websites and has written or edited for Bankrate, American Banker and USNews.com among other outlets. He lives in Austin, Texas, with his wife and son.
In this episode Luis and Matt discuss:
· Why you have more power over your money than you think
· Practical advice that you can do right now to start saving money
· How to best position yourself for a salary increase
· The power of growing your professional network
And much more…..
Resources:
Matt’s Website
Matt’s IG
Matt’s X
Matt’s LinkedIn
Lending Tree
In 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 financial journey.
In this episode Luis and Jed talk about:
- How time is on your side and the importance of starting early
- Embracing mistakes and failures and using them to your advantage
- Why we should all operate as a business
- Social media’s impact on our mental health and financial insecurity
- Why more money does not translate into more happiness
And much more……..
Resources:
· Your Money Vehicle Website
· Your Money Vehicle Book on Amazon
· Connect with Jed on LinkedIn
· Follow Jed on TikTok
· Follow Jed on Instagram
· Follow Jed on X/Twitter
· Follow Your Money Vehicle on Facebook
In 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 under-45 crowd as well as professional audiences, including P&I, NAPA, Wharton, plus financial firms and their clients.
Anne is also a media commentator and regular contributor on personal finance and retirement issues. She has been featured on outlets including Bloomberg TV, CNBC, Forbes, Business Insider, Wall Street Journal, The New York Times and Barron’s. She also co-founded The Aspen Leadership Forum on Retirement Savings with AARP. Her book, Your Best Financial Life: Save Smart Now for the Future You Want (William Morrow, 2024), helps younger savers find long-term savings success by overcoming their behavioral biases.
Notes:
In this episode Luis and Anne talk about:
- Achieving your current goals while also prioritizing your retirement
- Hacks and actionable items to make saving money easier
- How to determine if a luxury item is worth the splurge
- Three questions to ask yourself before you tap into your emergency savings
And much more……..
Resources:
· Visit Anne’s website
· Buy Anne’s Book: Your Best Financial Life; Save Smart Now for the Future You Want
· Follow Anne on LinkedIn
· Follow Anne on IG
· Subscribe to Anne’s YouTube channel
· Follow Anne on FaceBook
· Follow Anne on TikTok
In 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 best” by Barron’s Magazine six years in a row (2008-2014) as part of their “Top Independent Advisor” annual ranking. As an educator, Oliver has been a keynote speaker at both industry and private events, has been featured in hundreds of investment seminars including events sponsored by AAII (American Association of Independent Investors), Vanguard, and Fidelity. Oliver is also the author of Money Can Grow on Trees: When you Take Care of It!
Notes:
In this episode Luis and Oliver talk about:
- Saving for your future while still enjoying your latte
- How to teach your children good money habits
- The truth about social media and keeping up with the Joneses
- How to take small steps that will have a lasting positive impact on your finances
And much more……..
Resources:
· Oliver’s Wealthspire Advisors contact page
· Oliver’s website
· Purchase on Amazon: Money Can Grow on Trees: When You Take Care of It!
· Connect with Oliver on LinkedIn
· Visit On My Way to Wealth
· Luis’ LinkedIN
· Luis’ Twitter
· Luis’ IG
· On My Way to Wealth YouTube Channel
In 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 Latinas by Latino Leaders Magazine. She is a Politico Impact leader and was recently featured in HBO’s Gaming Wall Street.
Notes:
In this episode Luis and Ramona talk about:
- Pre-Marital Prenups: Not just for celebrities!
- Banking together
- Financial Infidelity
- Planning for joint goals with your partner
- Financial Do’s and Don’ts for couples
And much more……..
Resources:
· Connect with Ramona on LinkedIn
· Follow Ramona on Twitter
· Learn about Wealthbuild.ai on Instagram
· Follow Ramona on IG
· Visit On My Way to Wealth
· Luis’ LinkedIN
· Luis’ Twitter
· Luis’ IG
· On My Way to Wealth YouTube Channel
Hey 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 Program
· MilTax for members of the military
· Where’s my refund?
· IRS Payment Agreement Application
· Visit On My Way to Wealth
· Luis’ LinkedIN
· Luis’ Twitter
· Luis’ IG
· On My Way to Wealth YouTube Channel
In 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 achieve your goals
- The importance of having specific goals and a strong why
- How being healthy has a direct impact on your finances
- Tips for staying healthy during holidays and travel
And much more……..
Resources:
· Follow Edward on Instagram
· Connect with Edward on LinkedIn
· Rocket Money
· You Need a Budget
· Visit On My Way to Wealth
· Luis’ LinkedIN
· Luis’ Twitter
· Luis’ IG
· On My Way to Wealth YouTube Channel
In 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 Wealth
· Luis’ LinkedIN
· Luis’ Twitter
· Luis’ IG
· On My Way to Wealth YouTube Channel
In 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 other media outlets and podcasts in the U.S. and 27 other countries. Tom is a frequent contributor to Business Insider and CNBC.
Notes:
In this episode Luis and Tom talk about:
- The Rich Habits Study and key findings
- Key Habits of the Rich and the Poor
- The 4 paths to building wealth
- The true currency of the wealthy
And more……..
Resources:
· Visit the Rich Habits Website
· Follow Rich Habits on Facebook
· Follow Rich Habits on Twitter/X
· Connect with Rich Habits on LinkedIn
· Rich Habits YouTube Channel
· Visit On My Way to Wealth
· Luis’ LinkedIN
· Luis’ Twitter
· Luis’ IG
· On My Way to Wealth YouTube Channel
Dr. 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 investment book of 2019 and is a comprehensive look at the neurology, physiology and psychology of sound financial decision-making. When he's not decoding market psychology, Daniel is a father of 3, a fanatical follower of the St. Louis Cardinals, an explorer of the American South, and an amateur hot sauce chef.
Notes:
In this episode Luis and Dr. Crosby talk about:
● Behavioral Finance
● How our brain is designed for survival, not exceptionality
● How we think making money is a shortcut to a happy and meaningful life
● Why we’re chasing the wrong dream and how to align our values with our time
● The effects of social media on our mental health and happiness
● How we set ourselves up for failure by trying to keep up with the Joneses
And more……..
Resources:
● Daniel Crosby, Ph.D.’s Books
● Listen to the Standard Deviations Podcast
● Watch: You’re Not That Great: A Motivational Speech
● Connect with Daniel Crosby, Ph.D. on LinkedIn
● Follow Daniel Crosby, Ph.D. on Twitter/X
● Visit On My Way to Wealth
● Luis’ LinkedIN
● Luis’ Twitter
● Luis’ IG
● On My Way to Wealth YouTube Channel
In 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 the Way We View Wealth. Lea earned her Masters in Finance at the University of Utah and is a certified practitioner of the Trauma of Money. With over 9+ years in the financial industry, Lea has combined her knowledge in wealth management, investment banking, technology and personal finance to amplify her message.
Lea has over 100k+ followers across all her social media and has been awarded Best Fintok Creator for Hispanic-Focused Content of 2023 from Debt.com. Lea has also won Best Professor of the Year for 2021 at Utah Tech University as she teaches financial literacy for incarcerated youth in Utah. Lea is a visionary and her passion lies in bridging the wealth gap and pushing for financial equity to marginalized communities through activism, education, community and wellness.
Notes:
In this episode Luis and Lea talk about:
● Lea’s background, upbringing, and career path
● Turning financial failures into lessons
● Redefining your wealth based on your values
● The importance of being true to yourself and being 100% authentic
And more……..
Resources:
● Follow Lea on Instagram
● Follow Lea on Tiktok
● Visit the Riqueza Collective Website
● Visit On My Way to Wealth
● Luis’ LinkedIN
● Luis’ Twitter
● Luis’ IG
● On My Way to Wealth YouTube Channel
In 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 represent 20 percent of the U.S. population. By doing deeper research, he realized that across every financial product vertical available, from credit cards and loans to bank accounts and insurance, the adoption rates in the Hispanic community were far lower than those of the general market. Carlos launched Crediverso to fix this, and is on a mission to help the U.S. Hispanic community realize their American Dreams by achieving financial access and freedom.
Carlos is a Harvard undergrad, Law and Business school graduate. He is a registered attorney with the American Bar Association in California and a Licensed Real Estate broker with the California Bureau of Real Estate. Before launching Crediverso he served as Director of Latin America and the Caribbean for MGM Resorts International.
Notes:
In this episode Luis and Dr. Carlos talk about:
- Carlos’ background, upbringing and career path
- How the lack of trust in the U.S. financial system hurts the Latinx community
- How Crediverso is helping the U.S. Hispanic community with financial literacy resources
- Crediverso’s newest tool, MyPocketLawyer
- Learning from your parents’ struggles and successes on your way to wealth
And more……..
Resources:
· Follow Crediverso on IG
· Follow Crediverson on Twitter
· Carlo Hernandez’s LinkedIn
· Crediverso’s website
· MyPocketLawyer website
· Visit On My Way to Wealth
· Luis’ LinkedIN
· Luis’ Twitter
· Luis’ IG
· On My Way to Wealth YouTube Channel
In 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 philanthropic work include volunteering to train social enterprise leaders in Africa, coaching students at Network for Teaching Entrepreneurship in the U.S., and mentoring men and women to build their personal brand with empathy, passion and purpose. She currently works at Microsoft as Senior Storyteller for State and Local Government.
Notes:
In this episode Luis and Miri talk about:
● Miri’s background and career path
● Building a personal brand
● The true meaning of wealth
● The second edition of Miri’s book
● Using AI as a tool
And more……..
Resources:
● Miri’s Book: Brand Storytelling
● Miri’s Website
● Be Mindful Be Happy
● Miri on IG
● Miri on Twitter
● Miri on LinkedIn
● Visit On My Way to Wealth
● Luis’ LinkedIN
● Luis’ Twitter
● Luis’ IG
● On My Way to Wealth YouTube Channel
In 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 Your Family’s Wealth and Legacy.
Notes:
In this episode Luis and Vanessa talk about:
● Vanessa’s background and upbringing
● The importance of building community
● Being a mentor and a mentee simultaneously
● Building generational wealth
● SER Latino Advisor Summit
And more……..
Resources:
● SER Latin@ Advisor Summit
● Vanessa’s LinkedIn
● Vanessa’s Instagram
● Empowered Network
● Family Values at Risk Book
● Visit On My Way to Wealth
● Luis’ LinkedIN
● Luis’ Twitter
● Luis’ IG
● On My Way to Wealth YouTube Channel
In 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……..
Resources:
Download 3 Fundamental “Money Moves” to Make Before Turning 45.
Visit On My Way to Wealth
Luis’ LinkedIN
Luis’ Twitter
Luis’ IG
On My Way to Wealth YouTube Channel
In 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 protect your credit from fraudsters
Resources:
Download 3 Fundamental “Money Moves” to Make Before Turning 45.
Visit On My Way to Wealth
AnnualCreditReport.com
Freeze Your Credit with Experian
Freeze Your Credit with Equifax
Freeze Your Credit with TransUnion
Get an IRS Identity Protection PIN
Luis’ LinkedIN
Luis’ Twitter
Luis’ IG
On My Way to Wealth YouTube Channel
In 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 organizations, and small business owners to be effective and dynamic leaders. Jason first got involved in the Las Vegas startup community as a student member of UNLV’s Rebel Venture Fund. He is a strong believer in continuing to educate ourselves, and is an avid reader and practitioner of leadership, motivation, communication and human behavior.
Notes:
In this episode Luis & Jason talk about:
· Thinking like a CEO regarding your personal finances
· Leveraging your stakeholders to succeed
· The importance of having a strong “why”
· The power of goal setting and measuring progress
· Developing discipline so that you don’t have to rely on motivation
· And much more…
Resources:
Download 3 Fundamental “Money Moves” to Make Before Turning 45.
Evil Genius Leadership
Schedule a meeting with Evil Genius Leadership Consultants
Jason’s Youtube
Jason’s LinkedIn
Jason’s Instagram
Jason’s Facebook
Jason’s Twitter
Luis’ LinkedIN
Luis’ Twitter
Luis’ IG
On My Way to Wealth YouTube Channel
In 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 later, as a business insurance advisor, witnessing and helping many of her older clients through equally devastating aging issues losses.
Barbara is a Phoenix, Arizona State University Gerontology Dept Adjunct Faculty Member, Aging & Money Blueprint online training program content creator, Maverick ToastmastersClub President, Gerontological Society of America Fitness, Exercise & Wellness Interest Group Convener, WIFS, FPA and ASA member, women's advocate, and a later-life Brazilian Jiu-Jitsu practitioner. She is a nationally recognized aging and financial fraud expert & speaker having presented at conferences including financial, insurance, adult protective services, healthcare, and senior housing, as well as dozens of webinars.
Notes:
In this episode Luis and Barbara talk about:
● What is a Gerontologist?
● The mind/body connection & how anti-aging has evolved over the years
● Your brain cells peak – how to engage our brain & promote cognitive health
● Where do you start to become healthier and age successfully?
● How to mitigate risk & look out for our aging parents
● Making the transition from the work force to retirement with a positive mindset
Resources:
5 Tips for Improving Gait, Balance and Mobility As We Age
Interrupting Aging
Barbara’s LinkedIN
Barbara’s Facebook
Barbara’s Instagram
Luis’ LinkedIN
Luis’ Twitter
Luis’ IG
On My Way to Wealth YouTube Channel
In 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 determine a loan approval
- How to buy an investment property with less than 20% down
- Alternative lending products to traditional mortgage loans
- And much more……
Resources:
Coltrain Funding Group’s Website
Follow Coltrain on Instagram
Luis’ LinkedIN
Luis’ Twitter
Luis’ IG
On My Way to Wealth YouTube Channel
Sometimes 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 tax consequences of borrowing from your 401k
- What happens if you have a 401k loan and you lose your job or leave your employer
- Alternatives to borrowing from your 401k
Resources:
Luis’ LinkedIN
Luis’ Twitter
Luis’ IG
On My Way to Wealth YouTube Channel
On My Way to Wealth Website
In 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 Oakwood University, a Masters of Divinity from Andrews University as well as a law degree from Columbus, Ohio’s Capital University Law School.
Pastor Cal and his wife, First Lady Wendy, operate the successful marriage coaching organization, Marriage Ain’t For Punks, and he also serves the thriving Atlanta congregation, Progression Church, as the lead pastor. He and Wendy currently travel internationally conducting marriage and relationship conferences, boot camps and seminars.
When he is not on the Married at First Sight set, he can often be found posting about his life on Instagram to his hundreds of thousands of followers.
Notes:
In this episode Luis and Pastor Cal talk about:
- Marital C.P.R.
- Why every marriage should have a goal.
- Establishing a set standard in your marriage and your finances.
- The importance of community and how it helps your marriage.
- And much more……
Resources:
Pastor Cal’s Website
Marriage Ain’t For Punks website
Pastor Cal’s Facebook
Pastor Cal’s Instagram
Pastor Cal’s Twitter
Luis’ LinkedIN
Luis’ Twitter
Luis’ IG
On My Way to Wealth YouTube Channel
‘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 Internship Program
Learn About Series I Savings Bonds
Learn About 529 Plans
Luis’ LinkedIN
Luis’ Twitter
Luis’ IG
On My Way to Wealth YouTube Channel
4 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 Fundamental “Money Moves” to Make Before Turning 45
The BLX Internship Program
Apply for an Employer Identification Number (EIN)
Making Estimated Tax Payments to the IRS
Luis’ LinkedIN
Luis’ Twitter
Luis’ IG
On My Way to Wealth YouTube Channel
Roth 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 benefits of doing a Roth conversion when the stock market is down
Resources:
Download the 3 Fundamental “Money Moves” to Make Before Turning 45
The BLX Internship Program
Luis’ LinkedIN
Luis’ Twitter
Luis’ IG
On My Way to Wealth YouTube Channel
In 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 know about estate planning
-What is probate?
-Choosing a guardian for your children
-The difference between a trust & a will
Resources:
Trust & Will
Download the 3 Fundamental “Money Moves” to Make Before Turning 45
The BLX Internship Program
Luis’ LinkedIn
Luis’ Twitter
Luis’ IG
On My Way To Wealth YouTube channel
If 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 available to you after being laid off
- Figuring out a plan for healthcare
Resources:
Healthcare.gov
COBRA Health Insurance Continuation
Download the 3 Fundamental “Money Moves” to Make Before Turning 45
The BLX Internship Program
Luis’ LinkedIn
Luis’ Twitter
Luis’ IG
On My Way to Wealth YouTube Channel
Many 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 restricting yourself. Small changes over time lead to big results!
Notes:
In this episode Luis talks about:
-Simple steps to help reach your financial goals in 2023
-Why the word budget doesn’t have to be restrictive
-How to be strategic about where you put your dollars
-Why money dates with your partner are important for budgeting
-What is a balance transfer, and can it help me?
Resources:
Download the 3 Fundamental “Money Moves” to Make Before Turning 45
The BLX Internship Program
Luis’ LinkedIn
Luis’ Twitter
Luis’ IG
On My Way To Wealth YouTube channel
Atomic Habits by James Clear
In 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
Luis’ IG
On My Way To Wealth YouTube channel
In 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!
Louis is certainly the man who practices what he preaches. Listen and be inspired by his trailblazing journey of overcoming a poor financial mindset to being one of the best in the industry and helping others by empowering them to take control of their lives.
In this episode Luis and Louis discuss:
How Louis made it to where he is today
Louis’ new PBS show, Opportunity Knocks
Empowering people vs just doing it for them
Community Development Financial Institutions
Opportunity Finder search tool
Resources:
Louis’ Website: www.louisbarajas.com
Louis’ LinkedIn: www.linkedin.com/in/louis-barajas/
Louis’ Twitter: @louisbarajas
Louis’ Instagram: @louisbarajas
Louis’ Facebook: www.fb.com/LouisBarajas
Louis Barajas Books
Opportunity Knocks
Download the 3 Fundamental “Money Moves” to Make Before Turning 45
The BLX Internship Program
There’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:
Download the 3 Fundamental “Money Moves” to Make Before Turning 45
The BLX Internship Program
Luis’ LinkedIn
Luis’ Twitter
Luis’ IG
On My Way To Wealth YouTube channel
There’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:
Download the 3 Fundamental “Money Moves” to Make Before Turning 45
The BLX Internship Program
Luis’ LinkedIn
Luis’ Twitter
Luis’ IG
On My Way To Wealth YouTube channel
Ramona immigrated from Romania, was raised in Chicago, IL and resides in sunny Phoenix, AZ. A Navy veteran, she served in the Navy during Operation Iraqi Freedom and Operation Enduring Freedom. She is passionate about her community and gives back by teaching Financial Literacy to women in transition, and volunteers with Hospice of the Valley. Ramona lives by the motto: “It takes a village” and realizes the importance of professional and personal networking relationships. In her free time, she enjoys hiking with her Blue Heeler pup and traveling abroad.
Notes:
In this episode Luis and Ramona discuss:
-How Ramona decided to pursue a career in financial planning
-Teaching financial literacy
-Ramona’s philosophy of “it takes a village”
-Overcoming challenges when it comes to networking
Resources:
Ramona's LinkedIn
Ramona's Twitter
Family Wealth Management Group
Download the 3 Fundamental “Money Moves” to Make Before Turning 45
LatinXcellence, more than a brand, it’s a movement!
Luis’ LinkedIn
Luis’ Twitter
Luis’ IG
On My Way To Wealth YouTube channel
Arelis 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 to the HR & Communications Leadership Team in 2020.
A true advocate for diversity, equity, and inclusion, Arelis has served in several leadership roles for COPA, Brown-Forman’s employee resource group for Hispanic/LatinX employees and their allies. In addition, she works diligently and relentlessly to ensure Brown-Forman’s talent acquisition processes are aligned and supportive of the company’s Many Spirits, One Brown-Forman diversity and inclusion strategy.
Arelis is known for her strong focus on continuous improvement, her dedication to ongoing learning, and her collaborative and innovative mindset. When she’s not at work, Arelis is often spending time with family and friends, including her husband, and daughter.
Notes
In this episode Luis and Arelis discuss:
-How intentional and conscious decisions from Arelis’ parents’ helped mold Arelis in her career
-How one professor saw potential in Arelis and motivated her to seek a profession in HR
-Why mentorship is so important in our career paths
-Misconceptions about the Latino community
-The power of being a positive thinker!
-Being mindful of your money and living within your means
Resources
Arelis' LinkedIn
Hispanic Executive: Arelis Correa-Arnold Creates a Culture of Care
Download the 3 Fundamental “Money Moves” to Make Before Turning 45
LatinXcellence, more than a brand, it’s a movement!
Luis’ LinkedIn
Luis’ Twitter
Luis’ IG
On My Way To Wealth YouTube channel
BLX Internship Program
Arelis 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 to the HR & Communications Leadership Team in 2020.
A true advocate for diversity, equity, and inclusion, Arelis has served in several leadership roles for COPA, Brown-Forman’s employee resource group for Hispanic/LatinX employees and their allies. In addition, she works diligently and relentlessly to ensure Brown-Forman’s talent acquisition processes are aligned and supportive of the company’s Many Spirits, One Brown-Forman diversity and inclusion strategy.
Arelis is known for her strong focus on continuous improvement, her dedication to ongoing learning, and her collaborative and innovative mindset. When she’s not at work, Arelis is often spending time with family and friends, including her husband, and daughter.
Notes
In this episode Luis and Arelis discuss:
-How intentional and conscious decisions from Arelis’ parents’ helped mold Arelis in her career
-How one professor saw potential in Arelis and motivated her to seek a profession in HR
-Why mentorship is so important in our career paths
-Misconceptions about the Latino community
-The power of being a positive thinker!
-Being mindful of your money and living within your means
Resources
Arelis' LinkedIn
Hispanic Executive: Arelis Correa-Arnold Creates a Culture of Care
Download the 3 Fundamental “Money Moves” to Make Before Turning 45
LatinXcellence, more than a brand, it’s a movement!
Luis’ LinkedIn
Luis’ Twitter
Luis’ IG
On My Way To Wealth YouTube channel
BLX Internship Program
Joyce 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 and as a single mom, she struggled financially and wondered how she’d do this on her own. But it was in this process where she realized that wealth begins with mindset, and she successfully re-designed her life. She now combines her financial expertise with personal growth strategies to effectively teach others how to make, grow, and manage money without working so damn hard for it.
Notes
In this episode Luis and Joyce discuss:
-What is your Financial Thermostat?
-Rewiring your money mindset
-How surrounding yourself with great coaches will help you reach your financial goals
-You are defined by your value system – not by materialistic things.
-Sometimes the money doesn’t match the picture!
Joyce's Book
Joyce's Website
Joyce's Youtube
Joyce's Facebook
Joyce's Instagram
Joyce's LinkedIn
Download the 3 Fundamental “Money Moves” to Make Before Turning 45
LatinXcellence, more than a brand, it’s a movement!
Luis’ LinkedIn
Luis’ Twitter
Luis’ IG
On My Way To Wealth YouTube channel
Joyce 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 and as a single mom, she struggled financially and wondered how she’d do this on her own. But it was in this process where she realized that wealth begins with mindset, and she successfully re-designed her life. She now combines her financial expertise with personal growth strategies to effectively teach others how to make, grow, and manage money without working so damn hard for it.
Notes
In this episode Luis and Joyce discuss:
-What is your Financial Thermostat?
-Rewiring your money mindset
-How surrounding yourself with great coaches will help you reach your financial goals
-You are defined by your value system – not by materialistic things.
-Sometimes the money doesn’t match the picture!
Joyce's Book
Joyce's Website
Joyce's Youtube
Joyce's Facebook
Joyce's Instagram
Joyce's LinkedIn
Download the 3 Fundamental “Money Moves” to Make Before Turning 45
LatinXcellence, more than a brand, it’s a movement!
Luis’ LinkedIn
Luis’ Twitter
Luis’ IG
On My Way To Wealth YouTube channel
Uziel 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 completing a Financial Planning Residency at a fee-only RIA firm. Uziel is passionate about helping people navigate their financial journeys to help them reach their goals. Uziel also volunteers in the BLX internship program to promote diversity and inclusion. The BLX internship program helps place aspiring Black and Latinx financial planners with meaningful internships in fee-only RIA firms.
Notes:
In this episode Luis and Uziel discuss:
- How Uziel is working to have a direct impact on his community
- Pursuing your passion and creating your own opportunities
- Building wealth through educating the Latino community on the importance of finances
- Uziel's advice for those who want to become a Financial Planner
Resources:
Uziel's LinkedIn
Uziel's Twitter
Download the 3 Fundamental “Money Moves” to Make Before Turning 45
LatinXcellence, more than a brand, it’s a movement!
Luis’ LinkedIn
Luis’ Twitter
Luis’ IG
On My Way To Wealth YouTube channel
Uziel 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 completing a Financial Planning Residency at a fee-only RIA firm. Uziel is passionate about helping people navigate their financial journeys to help them reach their goals. Uziel also volunteers in the BLX internship program to promote diversity and inclusion. The BLX internship program helps place aspiring Black and Latinx financial planners with meaningful internships in fee-only RIA firms.
Notes:
In this episode Luis and Uziel discuss:
- How Uziel is working to have a direct impact on his community
- Pursuing your passion and creating your own opportunities
- Building wealth through educating the Latino community on the importance of finances
- Uziel's advice for those who want to become a Financial Planner
Resources:
Uziel's LinkedIn
Uziel's Twitter
Download the 3 Fundamental “Money Moves” to Make Before Turning 45
LatinXcellence, more than a brand, it’s a movement!
Luis’ LinkedIn
Luis’ Twitter
Luis’ IG
On My Way To Wealth YouTube channel
In 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 Institute, Joelle spent more than 15 years building winning communications, business development, and public affairs strategies in both private and public sectors. Joelle is a subject matter expert in neuroleadership, Latino identity, civic engagement, workplace diversity and inclusion, and demographic shifts. In 2017, Joelle was named one of the most powerful women by the Colorado Women's Chamber of Commerce. In 2019, she was honored by the NFL Hispanic Heritage Foundation and Nationwide for her outstanding contributions to the Latino community. She currently serves on the Hispanic Advisory Council for Coca-Cola and has served on boards, advisory councils, and executive committees for Mile High United Way, Building Better Colorado, Museum of Nature and Science, Denver7 Colorado, Prosper Colorado. Joelle is a member of the NeuroLeadership Institute and is a certified practitioner of both Insights Discovery® and i4®.
Notes:
In this episode, Luis and Joelle talk about the following and more:
- Training Latinos for leadership
- Getting Latinos to own their superpower! Don't discount your power.
- Breaking through barriers in management and leadership positions
- Navigating imposter syndrome
- Understanding your worth and knowing your value
Resources:
-
-
- Latino Leadership Institute LinkedIn - Latin0 Leadership Institute Twitter - Latin0 Leadership Institute Website - Latino Leadership Institute Facebook - Latino Leadership Institute Instagram - Download the 3 Fundamental “Money Moves” to Make Before Turning 45 - LatinXcellence, more than a brand, it’s a movement! - Luis’ LinkedIn - Luis’ Twitter - Luis’ IG - On My Way To Wealth YouTube channel
-
In 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 Institute, Joelle spent more than 15 years building winning communications, business development, and public affairs strategies in both private and public sectors. Joelle is a subject matter expert in neuroleadership, Latino identity, civic engagement, workplace diversity and inclusion, and demographic shifts. In 2017, Joelle was named one of the most powerful women by the Colorado Women's Chamber of Commerce. In 2019, she was honored by the NFL Hispanic Heritage Foundation and Nationwide for her outstanding contributions to the Latino community. She currently serves on the Hispanic Advisory Council for Coca-Cola and has served on boards, advisory councils, and executive committees for Mile High United Way, Building Better Colorado, Museum of Nature and Science, Denver7 Colorado, Prosper Colorado. Joelle is a member of the NeuroLeadership Institute and is a certified practitioner of both Insights Discovery® and i4®.
Notes:
In this episode, Luis and Joelle talk about the following and more:
- Training Latinos for leadership
- Getting Latinos to own their superpower! Don't discount your power.
- Breaking through barriers in management and leadership positions
- Navigating imposter syndrome
- Understanding your worth and knowing your value
Resources:
-
-
- Latino Leadership Institute LinkedIn - Latin0 Leadership Institute Twitter - Latin0 Leadership Institute Website - Latino Leadership Institute Facebook - Latino Leadership Institute Instagram - Download the 3 Fundamental “Money Moves” to Make Before Turning 45 - LatinXcellence, more than a brand, it’s a movement! - Luis’ LinkedIn - Luis’ Twitter - Luis’ IG - On My Way To Wealth YouTube channel
-
In 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 to live there today, with her husband and their three-year-old daughter, Violet Esperanza. Valerie has spent over 10 years in financial services, working directly with individuals and families on all aspects where money touches life. She is part of just over 1% of Latinas who hold the Certified Financial Planner™ designation.
Notes:
In this episode, Luis and Valerie talk about the following and more:
- Perspective is everything!
- How Valerie discovered her love for wealth management and financial planning
- Promoting advocacy within the Latino community
- The lack of diversity in financial planning firms
- Building a practice that fits your life/work balance
Resources:
Valeries' LinkedIn
Valeries' Twitter
Valeries' Youtube
Valeries' Website
Download the 3 Fundamental “Money Moves” to Make Before Turning 45
LatinXcellence, more than a brand, it’s a movement!
Luis’ LinkedIn
Luis’ Twitter
Luis’ IG On My Way To Wealth YouTube channel
In 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 to live there today, with her husband and their three-year-old daughter, Violet Esperanza. Valerie has spent over 10 years in financial services, working directly with individuals and families on all aspects where money touches life. She is part of just over 1% of Latinas who hold the Certified Financial Planner™ designation.
Notes:
In this episode, Luis and Valerie talk about the following and more:
- Perspective is everything!
- How Valerie discovered her love for wealth management and financial planning
- Promoting advocacy within the Latino community
- The lack of diversity in financial planning firms
- Building a practice that fits your life/work balance
Resources:
Valeries' LinkedIn
Valeries' Twitter
Valeries' Youtube
Valeries' Website
Download the 3 Fundamental “Money Moves” to Make Before Turning 45
LatinXcellence, more than a brand, it’s a movement!
Luis’ LinkedIn
Luis’ Twitter
Luis’ IG On My Way To Wealth YouTube channel
Bank 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’s used to determine if you qualify for the loan
- How you can qualify for a home you cannot afford
Sources:
https://newsroom.bankofamerica.com/content/newsroom/press-releases/2022/08/bank-of-america-introduces-community-affordable-loan-solution--t.html
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ IG
- On My Way To Wealth YouTube channel
Bank 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’s used to determine if you qualify for the loan
- How you can qualify for a home you cannot afford
Sources:
https://newsroom.bankofamerica.com/content/newsroom/press-releases/2022/08/bank-of-america-introduces-community-affordable-loan-solution--t.html
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ IG
- On My Way To Wealth YouTube channel
The 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
- How to access information on the new changes to the Public Service Loan Forgiveness Program
Sources:
- https://studentaid.gov/debt-relief-announcement/
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- U.S. Department of Education Subscriptions Page
- Public Service Loan Forgiveness Information
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ IG
- On My Way To Wealth YouTube channel
The 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 processing tax returns
- IRS delays in answering calls
- Who is more likely to get audited in the future
Sources:
https://money.com/irs-funding-higher-taxes-more-audits/
https://www.irs.gov/newsroom/irs-statement-by-irs-commissioner-chuck-rettig-on-the-inflation-reduction-act
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Taxpayer Advocate Service – IRS’ Most Serious Problems
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ IG
- On My Way To Wealth YouTube channel
According 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 benefits and minimize medical debt
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- AnnualCreditReport.com
- Medical Debt Burden in the U.S. Report by CFPB
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ IG
- On My Way To Wealth YouTube channel
Childcare 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
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ IG
- On My Way To Wealth YouTube channel
Life 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 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ IG
- On My Way To Wealth YouTube channel
Jose 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 and Albuquerque, New Mexico. He’s also the creator of the Bad Ass Retirement podcast. Most importantly, he is a family man, married to the love of his life Jasmin, and has 3 beautiful children.
Notes:
In this episode, Jose & Luis talk about the following and more:
- Retirement is a phase, not an event
- Why most financial plans are wrong and the importance of ongoing planning
- Using values based financial planning to achieve your goals in retirement
- Creating good habits to help transition into retirement and beyond
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Jose’s Website
- Jose’s Books on Amazon
- Jose’s LinkedIn
- Jose’s Instagram
- Jose’s Facebook
- Jose’s Twitter
The 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 brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ IG
Inherited 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 Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ IG
A 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
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- How to Build Generational Wealth via Hispanic Executive
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ IG
Knowing 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 brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ IG
The 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
- Historical recessions and stock market crashes and how long they lasted
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- J.P. Morgan’s Guide to Retirement 2022
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ IG
Prices 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 time
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Episode 088 with Rick Gillis: Achieving Proper Pay for Outstanding Performance
- Episode 096 Using Series I Bonds to Boost Your Savings & Investment Strategy
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ IG
Financial 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 parents can help kids understand the concept of money and actionable steps to help them on their own financial journeys
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- The Four Money Bears Website
- The Four Money Bears on Twitter
- The Four Money Bears on Facebook
- The Four Money Bears on LinkedIn
- The Four Money Bears on Instagram
- Motivate Your Money Book Website
Have you ever continued doing something that no longer serves you only because of the amount of time, energy, money & effort that you’ve invested in it? Tune in to learn how this behavior negatively impacts your future and how to avoid it!
Notes:
In this episode, Luis talks about the following and more:
- What a sunk cost is
- Why we become subject to sunk cost fallacy
- The negative ways that sunk cost fallacy affects us long-term
- How to avoid sunk cost fallacy in order to make better decisions going forward
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ IG
In this Women’s History Month special episode, Luis speaks to Brittney Castro. Brittney is a leading speaker, host, and brand ambassador and has worked alongside top brands like Chase, Mint, ETrade, CNBC, Gemini, AirBnB, Zoom, Altruist, Refinery29, and more to promote financial literacy via media interviews, video content, celebrity, and expert interviews, TV appearances and more.
At the age of 22, Brittney began her career as a financial advisor and at 28 launched her own Registered Investment Advisory, Financially Wise Inc. Over those 15 years, she worked with thousands of clients on their financial journeys. In 2020, she sold her private practice to focus all her time on speaking, content creation, and brand partnerships.
Brittney is the go-to resource for national media outlets like CNN, CNBC, The Wall Street Journal, The New York Times, CBS, KTLA, Good Day LA, Fox 11 News, Glamour, Elle, Marie Claire, Darling, Entrepreneur, Woman’s World, Refinery29, Create + Cultivate, Financial Planning, Investment News, Registered Rep magazine, and many more.
Brittney was elected one of the 40 under 40 in 2020 by Investment News, as one of the 22 “Women To Watch” by InvestmentNews in 2018, and was ranked on INVESTOPEDIA’s Top Influential Financial Advisors list from 2017-2021.
Additionally, Brittney serves as the in-house CFP® for Mint as well as the Head of Education for Altruist, both roles where she can continue her efforts of spreading financial literacy to the masses through media interviews, video content, and social media campaigns.
She is a CFP® Pro spokeswoman as part of the CFP Board Center for Financial Planning’s campaign to educate minorities about financial planning careers.
In 2021, Brittney co-hosted and produced “Chantel’s Money Moves” a show backed by Facebook to teach Gen Z’s personal finance and investing.
Away from the office, you can find Brittney meditating, traveling, and of course, dancing!
Notes:
In this episode, Brittney & Luis talk about the following and more:
- Brittney’s upbringing and career path
- Pushing beyond your comfort zone to pursue your dreams and find freedom
- The importance of showing up as your authentic self
- Tips on how to get started on your financially wise journey
- The value in having flexibility in your financial plan
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Brittney’s Website
- Brittney’s Business Bootcamp
- Brittney’s Instagram
- Brittney’s Tiktok
Paving Your Own Path to Success: Women Entrepreneurs In this Women’s History Month special episode, Luis speaks with Suzanne Lawrence. Suzanne is CEO and founder of Advisor Business Solutions based in Long Beach, CA. She is a strategic business management specialist with over 20 years of experience providing business solutions and marketing strategies for financial services, government agencies, nonprofits, and small businesses.
Suzanne’s team specializes in guiding financial services firms, small businesses and health & human services agencies primarily looking to hire staff, increase revenue or develop multicultural training and outreach campaigns to underserved communities. She is passionate about bringing more diversity into each area of her business, helping women and people of color seeking opportunities to access “next level” jobs, find new business partners or identify successors to business owners.
Suzanne focuses on being a trusted adviser for business consulting, succession planning, financial services recruiting and marketing strategies. She has also partnered with BLX Internship to provide program management for matchmaking over 50 financial planning firms managing 75 billion AUM with Black and Latinx college students and career changers throughout the US for paid summer internships.
Notes:
In this episode, Suzanne & Luis talk about the following and more:
- Suzanne’s upbringing and career path
- Barriers to women entrepreneurship and how to overcome them
- Seizing opportunities when life hands you lemons
- Balancing career, personal life, and passions
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Advisor Business Solutions Website
- Advisor Business Solutions LinkedIn
- Suzanne Lawrence’s LinkedIn
- BLX Internship Program
In this special Women’s History Month Episode, Luis speaks with Miri Rodriguez. Miri is a globally recognized Storyteller and author of Brand Storytelling. She is a creative journalist and content strategist, evangelizing brand narrative and showcasing how thought leaders can leverage storytelling techniques for culture activation and influence in the digital age. 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. Miri brings 15+ years of expertise, valuable industry and consulting insights matched with a lighthearted and connected delivery approach. Her social advocacy and philanthropic work include volunteering to train social enterprise leaders in Africa, coaching students at Network for Teaching Entrepreneurship in the U.S., and mentoring men and women to build their personal brand with empathy, passion and purpose. Her biggest accomplishment to date is being a mother of 2 boys and an American Bulldog. She can also run in heels. Ice cream is her superfood.
Notes:
In this episode, Miri & Luis talk about the following and more:
- Miri’s upbring and career path
- Barriers to women leadership and how to overcome them
- Embracing failure and the lessons it brings
- Balancing career, personal life, and passions
- Miri’s book: Brand Storytelling
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Miri’s Book: Brand Storytelling
- Miri’s Website
- Miri on IG
- Miri on Twitter
- Miri on LinkedIn
Less than half of the women in the U.S. are investing. Tune in to learn some of the reasons why, and how women can start taking charge and invest in their future. Notes: In this episode, Luis talks about the following and more:
- Reasons why women tend to not invest
- Factors that benefit women
- Disadvantages that work against women
- How women can start investing today
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- GoBanking Rates Women & Investing Survey
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ IG
Many people are under the misconception that their landlord’s policy will cover them in case of an incident. Tune in to learn why you may want to consider purchasing a renter’s insurance policy. Notes:
In this episode, Luis talks about the following and more:
- You’re not covered by your landlord’s policy.
- Protecting your personal belongings.
- Liability coverage.
- Covering your belongings while traveling.
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ IG
Got refund? Tune in to listen to the top 6 strategies you can use to make your tax refund work for you! Notes:
In this episode, Luis talks about the following and more:
- A unique opportunity that expires at the end of tax season
- How you can use your tax refund to create a ripple effect in your finances
- The many ways you can invest in yourself
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ IG
Money conversations with you and your partner do not have to be unpleasant. Having a money date will help you both be on the same page and help get you closer to achieving your goals. Notes:
In this episode, Luis talks about the following and more:
- What is a Money Date?
- Why are Money Dates Important?
- How Often Should You Have a Money Date?
- The 3 Steps to Have a Successful Money Date
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Episode 010 – Marrying Your Finances
- Episode 080 – When a Spender and a Saver Get Together: How to Make It Work
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ IG
Finding and hiring a nanny can sometimes be a challenge. Handling the taxes does not need to be. Tune in to learn how to setup payroll, be compliant with tax laws, protect yourself, and have peace of mind. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis talks about the following and more:
- How to set yourself up as an employer and setup payroll
- The tax forms that need to be filed when you’re a household employer
- The tax benefits of paying your nanny on the books
- Additional benefits that provide peace of mind and protection to you and your household employee
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- IRS Household Employer’s Tax Guide
- IRS Employer Identification Number (EIN) Online
- IRS Schedule H – Household Employment Taxes
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ IG
As we prepare to file our tax returns during tax season, most of us are anticipating receiving a refund. Tune in to learn why a huge tax refund is not always the best strategy. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis talks about the following and more:
- How to avoid paying a penalty for under withholding
- Adjusting your withholdings to increase your take home pay
- The benefits of pre-tax savings
- Opportunities to take advantage of with the increased cash flow
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- IRS Tax Withholding Estimator
- Paycheck City Salary Calculator
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ IG
The New Year is upon us, and with a new year comes a new tax season. Tune in to listen to the things you should know to help you get prepared for tax season and get your refund on time.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis talks about the following and more:
- When tax season begins and ends
- IRS Notices that you’ll need before you file your tax returns
- Child Tax Credit and Child and Dependent Care Credit
- Tips to prevent delays in processing your returns
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ Interview on Scripps National News
- IRS Child Tax Credit Update Portal
- IRS Economic Impact Payments
- IRS Free File
- IRS Volunteer Income Tax Assistance
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ IG
The New Year is a time when a lot of people set new goals for themselves. Tune in to listen to 6 science backed habits to help you achieve your goals.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis talks about the following and more:
- How to improve your current habits
- The power of visualization
- Habits that have a major positive ripple effect
- Using gamification of your habits to stay motivated
Resources:
- Visual Insights Newsletter: 6 Game-changing Habits for Keeping Your Resolutions
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
The average savings account in the U.S. is currently paying 0.06% interest. Want to know of other places where you can learn a higher interest? Series I Bonds may be a great option.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis talks about the following and more:
- What is a Series I Bond?
- How I Bonds Work
- Things to consider before you buy an I Bond
- Year-end planning opportunity you can take advantage of
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- MarketWatch Article: 5 Spots Where Your Savings Can Earn Way More
- TreasuryDirect Website: Series I Savings Bonds
- Luis’ LinkedIn
- Luis’ Twitter
Deborah Nason is a freelance business journalist who has covered the investment industry for InvestmentNews since 2005 and CNBC.com since 2013. She has been awarded the Investment Foundations™ certificate from the CFA Institute. Her writings can be seen at www.c4sb.com and www.cnbc.com/deborah-nason. Early in her career, Ms. Nason was contributing editor and lead writer for the Blue Ridge Business Journal in Roanoke, Virginia, as well as a contributor to both statewide and national publications. She has owned several small businesses and holds an M.A. in Management and Human Resource Development.
She serves on the board of the NY chapter of the American Society of Business Publication Editors, and is an adjunct professor with Post University in Waterbury, Conn., teaching classes in business communications and personal finance. Deborah is also the author of “The People’s Guide to Finding the Right Financial Advisor: Demystifying the Financial Advice Industry for Everyday People”.
Notes:
In this episode, Luis talks about the following and more:
- The different types of ways financial advisors get paid
- Where to search when you need to find a financial advisor
- The certifications to know about before hiring financial advisors
- How to identify when you need a financial advisor by your side
- Red flags to look out for when hiring a financial advisor
Resources:
-
Deborah’s LinkedIn
-
Buy the Book
-
FINRA’s 5 Steps for Selecting an Investment Pro
-
Investor.gov Questions to Ask when Hiring an Investment Professional
-
XY Planning Network
-
National Association of Personal Financial Advisors
-
LetsMakeaPlan.org
-
PlannerSearch.org
George Kinder revolutionized financial advice for over 30 years by training over 3,000 professionals in 30 countries in the field of financial Life Planning. He founded the Kinder Institute of Life Planning in 2003 after 30 years as a practicing financial planner and tax advisor. His books and trainings are all about Freedom. In his new book, A Golden Civilization and The Map of Mindfulness (currently available on Amazon), Kinder draws on 50 years as a mindfulness practitioner, over 30 years as a mindfulness teacher, and his experience training financial advisors globally to challenge the basic concepts of economics, our understanding of democracy, of space-time, and our own hearts. His objective is to bring greater levels of Freedom everywhere.
Kinder has received many prestigious awards, from being the first winner of the Financial Planning Association's Heart of Financial Planning Award to “One of the 35 most influential people in financial services,” and “One of the top Icons & Innovators in the financial planning industry”. He’s a dynamic presenter, speaker, and is an artist at heart, from poetry, photography, and even singing. Some of you may know him as the father of the life planning movement!
Notes:
In this episode, Luis and George talk about the following and more:
- The importance of life planning on your way to achieving your dreams
- How everyone can experience life planning for themselves
- Achieving mindfulness in today’s world
- Advice on how to obtain inner peace and freedom
Resources:
- https://www.kinderinstitute.com/
- https://www.georgekinder.com/
- Shine Through on Spotify
- https://www.facebook.com/GeorgeDKinder/
- https://twitter.com/GeorgeDKinder
- https://www.linkedin.com/in/george-d-kinder-0749196/
- https://www.instagram.com/george_kinder/
- https://www.youtube.com/c/gdkinder
What do you want your tomorrow to look like? There are things you can do today to help set you up for future success. You don’t have to cut out everything that brings you joy today in order to save for tomorrow. Tune in to this episode to learn how you can have your latte and drink it too!
Notes:
In this episode, Luis talks about the following and more:
- The magic of compound interest
- The power of doing small, consistent steps for a long period of time
- Designing your environment to set you up for success
- How discipline beats motivation
Resources:
- Schedule Your Complimentary Introductory Meeting with Luis!
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Ed Mylett and James Clear Interview
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ Instagram
- On My Way To Wealth YouTube Channel
In this episode, Luis speaks with Ivan Aragon. A native of Chihuahua, Mexico, Ivan moved to Phoenix, Arizona as a child. He played football at Phoenix Community College where he was selected as Male Student-Athlete of the year his second year. He later transferred to Arizona State University to continue his studies. Following his undergraduate studies he excelled in the mortgage, insurance, and food supply chain industries. A proud DACA recipient, he was admitted to the University of Michigan’s MBA program in 2017. While at Michigan Ross, he was elected to be his Section’s (cohort) President, and to the Michigan Ross MBA council (Student Government) as VP of Finance, among other club leadership roles.
He has an Associate’s in Business from Phoenix Community College, a B.S. in Finance from Arizona State University, and an MBA from the Ross School of Business at the University of Michigan. He also serves on the Board of Directors of the University of Michigan’s Latino Alumni Association and as President of the Ross School of Business Alumni’s Phoenix Chapter.
Ivan is currently a Residential Mortgage Broker based out of Phoenix, AZ. He is licensed in multiple states. He loves helping people attain homeownership and invest in residential real estate. He hosts the Home Loan MBA Podcast where he discusses the home loan process and interviews real estate professionals. In his free time, you can find him cooking a meal for his extended family, playing indoor volleyball, or on the Salsa and Bachata dance floors in Phoenix.
Notes:
In this episode, Luis talks about the following and more:
- Ivan’s background and upbringing
- The power of resiliency
- The joys and challenges of entrepreneurship
- The benefits of having a positive mental attitude
Resources:
- Schedule Your Complimentary Introductory Meeting with Luis!
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Ivan’s Facebook
- Ivan’s LinkedIn
- Ivan’s Instagram
- Latinx MBA Association’s LinkedIn
- Latinx MBA Association’s Website
- Latinx MBA Association’s Instagram
The last quarter before the end of the year provides great opportunities to do tax planning for the current and upcoming tax year. It is best to be forward looking when it comes to tax planning. Tune in to learn some strategies that can help you maximize your tax savings opportunities before the end of the year.
Notes:
In this episode, Luis talks about the following and more:
- Opportunities during your employer’s open enrollment period
- Rebalancing your 401K and keeping track of your contributions
- Roth IRA conversions
- Things to be on the lookout for specifically for tax year 2021
Resources:
- Schedule Your Complimentary Introductory Meeting with Luis!
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ Instagram
- On My Way To Wealth YouTube Channel
Online shopping has become a popular way to make our everyday purchases. This has increased during the pandemic. Buy now, pay later options have also significantly increased as a result. Tune in to learn about point-of-sale loans, and the pros and cons so that you can make an informed decision.
Notes:
In this episode, Luis talks about the following and more:
- Buy now pay later
- Pros and cons of point-of-sale loans
- Things to be on the lookout for before you apply for one of these loans
- Alternatives to point of sale loans
Resources:
- Schedule Your Complimentary Introductory Meeting with Luis!
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- “Buy Now, pay later” Times Square Investment Journal by Jo Constantz
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ Instagram
- On My Way To Wealth YouTube Channel
We are creatures of habit, and those very habits we have can make or break us. When it comes to personal finance matters, you may not even notice the bad money habits you’ve built. Tune in to learn more.
Notes:
In this episode, Luis talks about the following and more:
- Failing to pay yourself first
- What it means to invest in yourself
- Contributing to your 401k
- Lifestyle creep
- Living beyond your means
Resources:
- Schedule Your Complimentary Introductory Meeting with Luis!
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ Instagram
- On My Way To Wealth YouTube Channel
For those individuals waiting for the government or their organization to achieve pay parity, Rick Gillis, author of Leveling the Paying Field, offers workers the opportunity to take the issue into their own hands. After more than twenty years of job search support and career advising, Rick has now created the QTNT® (pronounced: Quotient) Personal Value Calculation process to teach workers (as well as their employers!) how to identify and assign value to individual job performance and personal accomplishment in an all-new way. Rick, the creator of this very simple, easy to use, performance metric shares with you how the QTNT truly does level the ‘paying’ field. The result is that not only will equal pay for equal work be realized, but even better, proper pay for outstanding performance becomes the new normal. Leveling the Paying Field is the sum of Rick Gillis’ varied and colorful career in sales, as a manager, author, speaker, award-winning media host, and now, as an indisputable thought leader.
Notes:
In this episode, Luis and Rick talk about the following and more:
- How to determine the value of your work and why it’s important
- The value of tracking your accomplishments and self-promotion
- What you can do to get a raise or bonus
- How his method benefits employers and employees
Resources:
- LatinXcellence, more than a brand, it’s a movement!
- Rick Gillis’ Website
- Rick Gillis’ LinkedIn
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ Instagram
In this special Hispanic Heritage Month Edition episode, Luis speaks with Lyanne Alfaro. Lyanne tells stories about what’s next in the world of technology, business, and entrepreneurship. With more than a $2.6 trillion GDP, she is especially passionate about exploring the Latino influence in the world of business, which she speaks about via newsletter, podcast and platform; Moneda Moves.
She is an award-winning journalist, having reported in national outlets including CNBC, NBC Latino, Business Insider, Millie Magazine, and worked on audience engagement as well as strategy. By day, she is supervising producer and social media content director at Nasdaq where she tells stories about the future of market technology and business.
Notes:
In this episode, Luis and Lyanne talk about the following and more:
- The power of Latinos at large
- How the diverse Latinx communities influence the world of money
- The growing success of Latino businesses
- Access to capital in the Latinx community
Resources:
- LatinXcellence, more than a brand, it’s a movement!
- Lyanne Alfaro’s Website
- Lyanne Alfaro’s IG
- Moneda Moves Newsletter
- Moneda Moves IG
- Moneda Moves on Apple
- Moneda Moves on Spotify
- Adelante Nasdaq Conference Registration Link
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ Instagram
In this special Hispanic Heritage Month Edition episode, Luis speaks with Alejandra Alanis (Ale). Alejandra is a Risk Consulting Manager for RSM US LLP, a public accounting firm focused on the middle market. She grew up in a small town in Eastern, Washington and later went on to attend the University of Washington where she majored in Finance and International Business. She is the proud daughter of two Mexican immigrants who are now self-employed. Her parents’ story has always inspired her, and she is passionate about empowering individuals to pursue their aspirations & excellence. Ale serves as the VP of Membership for the ALPFA LA chapter, a non-profit focused on developing the next generation of Latino leaders, and more recently became part of her firm’s National Steering Committee for HOLA, her firm’s Latino Employee Network Group.
Notes:
In this episode, Luis and Alejandra talk about the following and more:
- Alejandra’s background and upbringing
- Factors that contribute to success
- Leveraging your personal brand
- The potential of Latinos in business
Resources:
- LatinXcellence, more than a brand, it’s a movement!
- Alejandra’s LinkedIn
- Alejandra’s Instagram
- Association of Latino Professionals For America (ALPFA)
- The Compound Effect Book Summary by James Clear
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ Instagram
In this special Hispanic Heritage Month Edition episode, Luis speaks with Camilo Moreno-Salamanca. Camilo is a proud alumni of the Foster School of Business (Class of 2012). Upon graduating Foster, Camilo joined Boeing in their Business Career Foundation Program, which gave him a view of Boeing's global business across multiple disciplines and experience working with airlines and suppliers in Korea and Japan. After a successful four years at Boeing, Camilo changed career paths and joined Google in a sales role for Google Cloud supporting the Latin America region.
Throughout his Google career, Camilo has held multiple sales roles while also working on business development efforts both in the US and Latin American markets. Camilo’s roles at Google have also enabled him to be a volunteer of the Google for Startups program supporting and working with startup founders.
A native of Bogotá, Colombia, Camilo moved to the United States when he was 11 years old and currently lives in Redmond, WA.
Notes:
In this episode, Luis and Camilo talk about the following and more:
- Camilo’s background and upbringing
- The many components of long-term success
- How Camilo’s Hispanic Heritage shaped his career
- Camilo’s new book The Compass: A Guide Against Conventional Wisdom and Towards a Rich Life
Resources:
- LatinXcellence, more than a brand, it’s a movement!
- Camilo’s Twitter
- Camilo’s LinkedIn
- The Compass Ebook
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ Instagram
In this special Hispanic Heritage Month Edition episode, Luis speaks with Mayra Rocha. Mayra is a Media executive and Emmy-Award-winning journalist. She is a graduate of the University of Virginia’s Darden School of Business. In her 15 years of experience, she has interviewed politicians and leaders of our time for the most respected news program in US Hispanic Television "Aqui y Ahora". She was also Senior Strategy Executive Director for Univision Networks and Fusion Media. Currently, she is the President of Project M Media, a Digital Strategy Corporation which focuses on the management and development of personal finance content.
She is also an advisor to the ScaleUp program at Miami Dade College, where her cross-functional expertise in finance, strategy, operations, and marketing, helps small businesses scale up to the next level. She is a contributing Business Expert for Univision networks and its flagship show, Primer Impacto and Univision Noticias. She produces Café Dato, a personal finance show for Univision. She also reports for Marketplace which airs on NPR, the most prestigious economics show in the US.
Notes:
In this episode, Luis and Mayra talk about the following and more:
- Mayra’s background and upbringing
- The importance of having great mentors and a support system
- Creating your own opportunities while pursuing your dreams
- How Mayra’s Hispanic Heritage shaped her career
Resources:
- LatinXcellence, more than a brand, it’s a movement!
- El Dinero Si Importa on Instagram
- El Dinero Si Importa on Facebook
- Mayra Rocha TV on Youtube
- The 43 on Netflix Docuseries
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ Instagram
In this special Hispanic Heritage Month Edition episode, Luis speaks with Diego A. Verdugo, CFP®, CRPS®. Diego is first-generation immigrant from the Mexican state of Sonora. His family arrived to Arizona in 2001 with the hope of pursuing the American Dream. He is a cancer survivor and has battled a chronic immunodeficiency since birth.
In 2012, Diego became the first in his family to graduate from college by earning an undergraduate degree in Economics & Business and Spanish language from Cornell College in Mount Vernon, Iowa.
Diego entered the financial services industry by joining Principal in 2012. In his current role, he provides consultative support to advisors on advanced financial planning concepts and strategies. Diego became a CERTIFIED FINANCIAL PLANNER™ professional in August 2021 and is currently pursuing a Master of Science degree in Personal Financial Planning.
Diego serves on multiple non-profit organizations’ boards, including the Junior Achievement of Arizona Phoenix – Metro board and the Association of Latino Professionals for America (ALPFA) board. He is an advocate for financial literacy and devotes much of his time to helping close the financial knowledge and wealth gaps of underrepresented and low-income communities. He is a champion for Diversity, Equity, and Inclusion efforts and has been recognized as an Ambassador for his work in the space. In 2020, Diego was recognized by InvestmentNews as a member of its prestigious 40 under 40 program in recognition of his accomplishments, contributions to the industry, leadership and promise.
Diego lives in Phoenix with his fiancée (who’s pregnant with their second child) and his four-year old daughter. His family has recently ventured in the entrepreneurship space with the launch of several small businesses.
Notes:
In this episode, Luis and Diego talk about the following and more:
- Diego’s background and upbringing
- Diego’s trajectory in pursuing the American Dream
- How Diego’s Hispanic Heritage has impacted his career and entrepreneurship
- Diego’s best piece of advice for all Hispanic men and women trying to go after their dream
Resources:
- LatinXcellence, more than a brand, it’s a movement!
- The BLX Internship Program
- Diego’s LinkedIn
- Diego’s Instagram
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ Instagram
The F.I.R.E. movement has gotten a lot of attention in recent years. Tune in to learn about this lifestyle and things to consider in order to determine if it is right for you.
Notes:
In this episode, Luis talks about the following and more:
- What F.I.R.E is all about
- Understanding Your Why
- Variations of the F.I.R.E. Movement
- Things to Consider, Pros & Cons
Resources:
- Schedule Your Complimentary Introductory Meeting with Luis!
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ Instagram
- On My Way To Wealth YouTube Channel
Many believe that wealth is only material. It is important to be at your best from a mental and physical standpoint in order to enjoy and share the wealth that you create. Tune in to listen to some tips that you can do to reduce burnout and increase your health net worth!
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020 and 2021.
Notes:
In this episode, Luis talks about the following and more:
- The traditional definition of wealth
- Things you can do to reduce stress and increase health
- Why being healthy is important to improving your personal finances
- Taking inventory of your health net worth statement
Resources:
- Schedule Your Complimentary Consultation with Luis!
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Napoleon Hill Foundation – Think and Grow Rich
- The Secret
- James Clear’s Summary of The Richest Man in Babylon
- Guided Meditation
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ Instagram
- On My Way To Wealth YouTube Channel
Money is one of the main reasons why couples argue. The good news is that there are ways for a saver and a spender to make it work. Tune in to learn some easy to implement tips to find common ground and build a better financial future.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020 and 2021.
Notes:
In this episode, Luis talks about the following and more:
- Having an open conversation with your partner.
- Why money means different things to different people.
- Having monthly money dates.
- Tips to find middle ground and make it work.
Resources:
- Schedule Your Complimentary Consultation with Luis!
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ Instagram
- On My Way To Wealth YouTube Channel
The cost of health insurance and out of pocket expenses is a great factor when it comes to retirement planning. Tune in to learn how you can use a Health Savings Account to plan for these costs, and also use it to help boost your retirement.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020 and 2021.
Notes:
In this episode, Luis talks about the following and more:
- What a Health Savings Account is.
- Who Qualifies for an HSA.
- Contribution Limits to HSAs.
- The Tax Advantages of HSAs.
Resources:
- Schedule Your Complimentary Consultation with Luis!
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ Instagram
- On My Way To Wealth YouTube Channel
The cost of education continues to rise. Imagine being able to give your kids the gift of a student loan free education. Tune in to learn more about ways to save for your kids’ education while using the tax code in your favor.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020 and 2021.
Notes:
In this episode, Luis talks about the following and more:
- What a 529 Plan is.
- The Federal & State Tax Benefits of 529 Plans.
- How the Money in the 529 Plan is Invested.
- What Happens if the 529 Plan Funds Are Not Used for Qualified Expenses.
Resources:
- Schedule Your Complimentary Consultation with Luis!
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ Instagram
- On My Way To Wealth YouTube Channel
- SavingForCollege.com
Solar panels have become increasingly popular. Are they a worth investment? In this episode, Luis talks about the things that you should consider before acquiring a solar electric system for your home, in order to help you make an informed decision.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020 and 2021.
Notes:
In this episode, Luis talks about the following and more:
- Buying the solar system outright vs. financing it.
- Leases and Solar Purchase Power Agreements (PPAs).
- Solar tax credits.
- Key contract terms and questions to ask.
Resources:
- Schedule Your Complimentary Consultation with Luis!
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ Instagram
- On My Way To Wealth YouTube Channel
- Homeowner’s Guide to the Federal Tax Credit for Solar Photovoltaics
- Residential Energy Credits IRS Form 5695
In this episode, Luis talks about the reasons why it’s not too early for Millennials to work with a financial planner. Even if you don’t consider yourself “wealthy”, a financial planner can help you get started and help you navigate your options on your way to wealth!
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020 and 2021.
Notes:
In this episode, Luis talks about the following and more:
- Understanding your employer’s benefits.
- Creating your emergency fund.
- Managing student and consumer debt.
- Investing wisely.
- Homebuying.
Resources:
- Schedule Your Complimentary Consultation with Luis!
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ Instagram
- On My Way To Wealth YouTube Channel
- Millennials: 5 Reasons To Work With a Financial Planner Before Turning 30
- LetsMakeaPlan.org
- National Association of Personal Financial Advisors
- XY Planning Network
In this episode, Luis speaks with Diana Gisel Yáñez, CFP®. Diana is the founder of All the Colors, a financial empowerment firm dedicated to helping clients create peace and joy with their money, so they can affect their community and the world. As a money coach, meditator, and activist Diana brings a unique approach to money questions. Sign up for her bimonthly newsletter for inspirational posts on money and community, and to hear about upcoming workshops.
Notes:
In this episode, Luis and Diana speak about the following and more:
- Diana shares her Mexican background & upbringing, and how it impacted her money story.
- Creating your own definition of wealth based on your values.
- The power of saying “no”.
- Finding your “why” and letting it guide your decisions.
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- All the Colors Website
- Diana’s Instagram
- Scarcity: Why Having Too Little Means So Much
The Seven Stages of Money Maturity
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ Instagram
In this episode, Luis talks about the things you should consider before you buy a home in a hot real estate market.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis talks about the following and more:
- Supply & demand in the real estate market.
- What your options are when the home appraises lower than the listing price.
- What happens when the seller wants more than the listing price.
- How to determine the true cost of paying more than the appraised value.
Resources:
- Schedule Your Complimentary Consultation with Luis!
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ Instagram
In this episode, Luis talks about how the Federal Reserve’s actions affect the economy, the stock market, and your finances.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis talks about the following and more:
- The purpose of the Federal Reserve System.
- How inflation affects the economy, the stock market, and your finances.
- What the federal funds rate is and how it impacts you as a consumer.
Resources:
- Schedule Your Complimentary Consultation with Luis!
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Luis’ Instagram
In this episode, Luis talks about how to turn the cost savings of working from home into action steps to help you decrease debt, increase your assets, and get a better quality of life.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis talks about the following and more:
- Cost savings opportunities by working from home.
- How to combine cost savings with added income to super boost your finances.
- Other raises you can give yourself to better your health and quality of life.
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
In this episode, Luis talks about how important it is to have the right mix of credit in order to help boost your credit score.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis talks about the following and more:
- The importance of having a diversified credit mix.
- The multiple factors that affect your credit score.
- The difference between installment and revolving credit.
- Types of credit to avoid.
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- AnnualCreditReport.com
In this episode, Luis talks about how having income from a rental property affects your taxes.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis talks about the following and more:
- What IRS form needs to be filed with your taxes when you have rental income.
- Common deductions on rental properties.
- How depreciation works.
- Repairs vs. improvements and how they are deducted on your taxes.
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
In this episode, Luis talks about the importance of determining and understanding your risk tolerance before you invest your money.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis talks about the following and more:
- What risk tolerance is.
- Factors to consider when determining your risk tolerance.
- Specific situations where you wouldn’t necessarily invest based on your risk tolerance.
- Why you may not be as comfortable with risk as you think you might be.
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Let’s Make a Plan.org
- Vanguard Risk Profile Questionnaire
In this episode, Luis talks about the expanded child tax credit for 2021 and how to know if you qualify.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis talks about the following and more:
- What is the enhanced child tax credit?
- Who qualifies for the child tax credit?
- How do I claim the child tax credit?
- Why you may want to opt out of receiving the credit.
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Let’s Make a Plan.org
- Kiplinger’s 2021 Child Tax Credit Calculator
In this episode, Luis talks about things to be aware of before you decide to move to a lower income tax state.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis talks about the following and more:
- Factors aside from income taxes that you should consider before you move.
- The “convenience rule” and how you may end up paying taxes on a state that you do not live in or work in.
- The “183-day rule”.
- Are moving costs tax deductible?
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Let’s Make a Plan.org
In this episode, Luis talks about how health insurance plans work, and some key things to consider before you decide which option is best for you.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis talks about the following and more:
- The difference between an HMO and a PPO.
- Important key words you should know in order to understand your health insurance policy.
- Why the price of the premium of your policy should not be the only factor you consider.
- Tax savings opportunities that you can take advantage of when choosing health insurance options.
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ LinkedIn
- Luis’ Twitter
- Let’s Make a Plan.org
In this episode, Luis speaks with Shehara L. Wooten, CFP®. Shehara is a CERTIFIED FINANCIAL PLANNER™ professional and is the founder of Your Story Financial, LLC, a virtual fiduciary boutique firm committed to helping women and #STEM professionals. Shehara is also the author of In the Meantime: Own Your Financial Narrative. In the book, Shehara explores the intersection of the racial wealth gap and the inspiring stories of those who have overcome it despite economic injustice. In addition, the book highlights the power of community, thus dispelling the myth that one must pull herself up by her own bootstraps.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis and Shehara talk about the following and more:
- The racial wealth gap.
- Black Wall Street.
- Crafting your own financial narrative.
- The power of community as it relates to your financial success.
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- The Book – In the Meantime: Own Your Financial Narrative
- Your Story Financial, LLC
- Shehara’s Instagram
- Shehara’s Facebook
- Shehara’s LinkedIn
- Luis’ LinkedIn
- Luis’ Twitter
- Let’s Make a Plan.org
- XY Planning Network
In this episode, Luis talks about the financial lessons learned from the pandemic and how we can use those lessons to build a better financial future.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis talks about the following and more:
- Financial lessons learned from the pandemic.
- The importance of having an emergency savings fund.
- Upcoming deadlines to take advantage of.
- Modifying our behavior and creating a financial plan for the future.
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Build a Better Financial Future
- Luis’ LinkedIn
- Luis’ Twitter
In this episode, Luis talks about the pros and cons of filing a joint or a separate return when you are married.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
In this episode, Luis talks about the following and more:
Notes:
- When you are considered married before the IRS.
- Scenarios where it makes sense to file separately.
- The benefits that you lose by filing separately.
- Why tax year 2020 is different because of the American Rescue Plan Act of 2021
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Build a Better Financial Future
- Luis’ LinkedIn
- Luis’ Twitter
In this episode, Luis talks about the lessons to learn from failure, and how you can embrace it in order to achieve success.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
- The importance of taking action, even if it’s in the “wrong direction”.
- The power of how you react to what happens to you.
- The opportunity cost and the risk of taking no action at all.
- Starting small and adjusting course along the way.
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Napoleon Hill Foundation
- Luis’ LinkedIn
- Luis’ Twitter
In this episode, Luis talks about the things that put women at a disadvantage financially and how women can take charge of their financial future.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
- In this episode, Luis discusses the following and more:
- The gender pay gap, how it affects all women, especially women of color.
- The many ways women are at a disadvantage financially.
- COVID-19 and its impact on women and their finances.
- How women can take charge of their financial future.
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Letsmakeaplan.org
- National Association of Personal Financial Advisors - NAPFA
- XY Planning Network
- Pew Research Center – Gender Pay Gap
- Luis’ LinkedIn
- Luis’ Twitter
In this episode, Luis talks about the major benefits included in the American Rescue Plan Act of 2021 and how they affect individuals and families.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis discusses the following and more:
- Overview of the American Rescue Plan Act of 2021
- Who qualifies for direct stimulus payments.
- Expanded unemployment benefits and waiver of income tax up to a certain amount.
- The expanded child tax credit, including advance payments later this year.
- Health insurance income caps on the health exchange/marketplace.
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- IRS Get My Payment Tool
- IRS Change of Address Form
- Kiplinger’s Stimulus Check Calculator
- Luis’ LinkedIn
- Luis’ Twitter
In this episode, Luis speaks with Carter Cofield, C.P.A., P.F.S. Carter is a Certified Public Accountant (CPA) who is dedicated to helping entrepreneurs save money on taxes. He's spent years learning the best tax savings strategies so that he can teach them to entrepreneurs and business owners everywhere. He’s also the owner of Cofield’s Concepts which is a financial literacy website teaching people how to make more money, pay less taxes, and be their own boss! Check out his website and podcast for free resources at cofieldsconcepts.com.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis and Carter discuss the following and more:
- Who is considered self-employed.
- Some of the major mistakes to avoid when running your own business.
- Retirement saving options for the self-employed.
- Best strategies for managing your taxes and your cash flow.
- Charging what you’re worth.
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Cofields Concepts Tax Courses
- Cofield Concepts Website & Podcast
- Carter’s Instagram
- Profit First Book by Mike Michalowicz
- Luis’ LinkedIn
- Luis’ Twitter
In this episode, Luis talks about the power of saying “no” and how successful people use it as a differentiator.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis speaks about the following and more:
- The power of having your goals constantly in front of you.
- Using “no” to draw a line in the sand and protect your boundaries.
- Saying “no” to something means you’re saying “yes” to something else.
- Using “no” to create balance and freedom in your life.
- How “no” can give you strength to change course in your life and finances.
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Warren Buffett Says All Really Successful People Practice This 1 Simple Habit
- The Power of No Via Psychology Today
- Luis’ LinkedIn
- Luis’ Twitter
In this episode, Luis speaks with Chloe Moore, CFP® & Lauryn Williams, CFP®. Chloe & Lauryn are both financial planners who host a podcast, own their own independent wealth management firms, and are influencers in the financial planning profession.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis, Chloe & Lauryn discuss the following and more:
- Why your journey can be more important than the destination.
- Defining success based on your own values and not based on society’s expectations.
- Getting more comfortable with your money story.
- Creating balance in your life by respecting your own boundaries.
- Why building wealth is a marathon and not a sprint.
- Advice for younger financial advisors.
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Chloe Moore – Financial Staples
- Chloe’s LinkedIn
- Chloe’s Twitter
- Lauryn Williams – Worth Winning
- Lauryn’s LinkedIn
- Lauryn’s Twitter
- The Worth Listening Podcast
- Luis’ LinkedIn
- Luis’ Twitter
In this episode, Luis talks to Dasarte Yarnway & Emlen-Miles Mattingly. Dasarte & Emlen are both financial planners who host podcasts, own their own independent wealth management firms, and are influencers in the financial planning profession.
Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the industry.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis, Dasarte & Emlen discuss the following and more:
- The importance of having a great support system around you
- Defining your own success based on your values
- Paying yourself first in life and in your finances
- Being intentional with your time and your money
- Advice for younger financial advisors
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Dasarte Yarnway – Berknell Financial Group
- Dasarte Yarnway – The Young Money Podcast
- Dasarte Yarnway - Twitter
- Emlen Miles-Mattingly – Gen Next Wealth
- Emlen Miles-Mattingly – Minority Money Podcast
- Emlen Miles-Mattingly - Twitter
- Altruist - Grow
- The BLX Internship Program
- Luis’ LinkedIn
- Luis’ Twitter
In this episode, Luis talks about the Free Application for Federal Student Aid (FAFSA®) form, why you want to complete it, and how the process works. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador and host, to speaking at the CFP Board Center for Financial Planning’s Diversity Summit, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the industry.
He is the host of the “On My Way to Wealth '' podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis discusses the following and more:
- What to do before you fill out the FAFSA®
- Why you should fill out the FAFSA® even if you don’t think you qualify for aid
- One big mistake to avoid when applying for student loans
- What to expect once you’ve completed and submitted the FAFSA®
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Create an FSA ID
- Dependent vs. Independent status
- Federal school code search
- FAFSA® Deadlines
- Luis’ Instagram
- Luis’ Facebook
- Luis’ LinkedIn
- Luis’ Twitter
- On My Way To Wealth YouTube Channel
In this episode, Luis shares four tips for expectant parents to strengthen their finances while waiting for their newest addition. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador and host, to speaking at the CFP Board Center for Financial Planning’s Diversity Summit, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the industry.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis discusses the following and more:
- Developing a pre-baby budget
- Establishing or strengthening your emergency fund
- Considering your insurance needs
- Preparing for the impact on your employment
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- https://www.letsmakeaplan.org/
- Luis’ Instagram
- Luis’ Facebook
- Luis’ LinkedIn
- Luis’ Twitter
- On My Way To Wealth YouTube Channel
In this episode, Luis talks about why making more money won’t necessarily make you happier, and things you can do to increase your happiness on your way to wealth. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador and host, to speaking at the CFP Board Center for Financial Planning’s Diversity Summit, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the industry.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis discusses the following and more:
- Why higher income is not necessarily the road to happiness
- The three things that happier people buy with their money
- Reflecting on your goals as they relate to your values
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- How Happier People Spend Their Money by Jeff Haden via Inc
- Inc Article by Paul Keegan about the story of Dan Price and Gravity Payments
- Luis’ Instagram
- Luis’ Facebook
- Luis’ LinkedIn
- Luis’ Twitter
- On My Way To Wealth YouTube Channel
In this episode, Luis talks about the new IRS W-4 Tax Withholding Form and why you want to make sure you review yours at least once per year. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador and host, to speaking at the CFP Board Center for Financial Planning’s Diversity Summit, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the industry.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis discusses the following and more:
- What the IRS W-4 Tax Form is Used For
- Why You Want to Review the W-4 Form At Least Once Per Year
- What the Different Sections of the W-4 Form Are Used For
- Strategies You Can Use The W-4 Form for in Order to Ensure Proper Tax Withholding
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- How To Fill Out The W-4 Form via Business Insider
- IRS Tax Withholding Estimator
- IRS W-4 Tax Form
- Luis’ Instagram
- Luis’ Facebook
- Luis’ LinkedIn
- Luis’ Twitter
- On My Way To Wealth YouTube Channel
In this episode, Luis talks about some tax basics in order to understand how taxes work and help you minimize your taxable income. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education.
From participating as an FPA NexGen ambassador and host, to speaking at the CFP Board Center for Financial Planning’s Diversity Summit, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the industry.
He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020.
Notes:
In this episode, Luis discusses the following and more:
- Understanding the U.S.’ progressive tax system
- How tax brackets work
- The difference between a tax deduction and a tax credit
- Ways to lower your taxable income
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- IRS Tax Tables for Tax Year 2020
- Luis’ Instagram
- Luis’ Facebook
- Luis’ LinkedIn
- Luis’ Twitter
- On My Way To Wealth YouTube Channel
In this episode, Luis talks about how to be intentional with your financial goals for the new year and how to best set yourself up in order to achieve your goals. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of Investment News 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia’s 100 Top Financial Advisors of 2020. From participating as an FPA NexGen Ambassador & Host, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, Luis discusses the following and more:
- Why you should not “set it and forget it” when it comes to your goals
- The opportunity that exists with the new year to set your goals for the rest of the year
- How to setup your goal “buckets”
- Using S.M.A.R.T goals to stay on track and increase your chances of achieving your goals
- Introducing LatinXcellence, more than a brand, it’s a movement!
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- LatinXcellence, more than a brand, it’s a movement!
- Luis’ Instagram
- Luis’ Facebook
- Luis’ LinkedIn
- Luis’ Twitter
- On My Way To Wealth YouTube Channel
In this episode, Luis talks about how to set yourself up for success when setting up your New Year’s Resolutions. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of Investment News 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia’s 100 Top Financial Advisors of 2020. From participating as an FPA NexGen Ambassador & Host, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, Luis discusses the following and more:
- How acting small can help you achieve your goals
- How compound interest can be your friend or your enemy
- Analyzing previous achievements
- The magic of time and consistent effort
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- Luis’ Instagram
- Luis’ Facebook
- Luis’ LinkedIn
- Luis’ Twitter
- On My Way To Wealth YouTube Channel
- The Slight Edge by Jeff Olson
In this episode, Luis introduces the BLX Internship Program. Founded by Chloe Moore, CFP®, Shawn Tydlaska, CFP®, Emlen Miles-Mattingly, and Luis F. Rosa, CFP® EA, the BLX Internship Program’s goal is to provide opportunities for at least 100 aspiring Black and LatinX financial planners to obtain a paid internship with a fee-only financial planning firm in the summer of 2021. We believe this is the way forward for the future of the financial planning profession.
Notes:
In this episode, you’ll learn about the following and more:
- The Inspiration Behind the Idea for the BlatinX Internship Program (BLX)
- What Interns and Participating Firms Can Expect from the Program
- How Internship Candidates and Firms Can Apply
- Our Partnership with the National Association of Personal Financial Advisors (NAPFA)
Resources:
- BLXInternship.org
- National Association of Personal Financial Advisors (NAPFA)
- Shawn Tydlaska – Founder of Ballast Point Financial Planning
- Chloe Moore – Founder of Financial Staples
- Emlen Miles-Mattingly – Founder of Gen Next Wealth
- Luis F. Rosa – Founder of Build a Better Financial Future
- Umbrellas Don’t Make It Rain: Why Studying Hard and Working Hard Isn’t Enough for Black Americans
- The Hidden Links Between Slavery and Wall Street
- “I Just Pray God Will Help Me”: Racial, Ethnic Minorities Reel from Higher COVID-19 Death Rates
In this episode, Luis speaks about the importance of having an emergency savings fund, and the best place to put it. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of Investment News 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia’s 100 Top Financial Advisors of 2020. From participating as an FPA NexGen Ambassador & Host, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, Luis discusses the following and more:
- The Importance of Having an Emergency Savings Fund
- The Two Most Important Things an Emergency Fund Needs to Have
- Comparing Checking, Savings, Money Market, High Yield Savings and CDs
- Why You Should Not Put Your Emergency Savings in a Short-Term Bond Fund
- Money Market Accounts vs. Money Market Funds
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- Luis’ Instagram
- Luis’ Facebook
- Luis’ LinkedIn
- Luis’ Twitter
- On My Way To Wealth YouTube Channel
In this episode, Luis speaks about things to consider before the year ends in order to set yourself up for a successful New Year and beyond. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of Investment News 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia’s 100 Top Financial Advisors of 2020. From participating as an FPA NexGen Ambassador & Host, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, Luis discusses the following and more:
- The Life Events to Consider in Order to Determine if Changes Need to Be Made
- Roth IRA Conversion Strategy
- Rebalancing Your 401K
- Taking Advantage of Your Employer’s Open Enrollment
- Tax Loss Harvesting
- Opportunities to Take Advantage Of
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- AnnualCreditReport.com
- Luis’ Instagram
- Luis’ Facebook
- Luis’ LinkedIn
- Luis’ Twitter
- On My Way To Wealth YouTube Channel
In this episode, Luis speaks with Cady North, CFP®. Cady North is an author, podcast host, speaker, investment advisor and the founder of North Financial Advisors. After 5 years owning her own financial planning business, Cady realized a common theme among many clients and prospects is that we all can name big dreams we have for ourselves, but very few of us are actually living them. We often find ourselves burned out and wondering what’s next. We easily move on to the next thing rather than doing the inner work necessary to match our outer dreams. Knowing there is a limit to the number of people Cady can reach one-on-one, she wanted to write a book exploring ways which people have overcome their adversities to live their biggest dreams.
Cady’s experience with money and business started young. Her parents were small business owners, and she learned to balance a business checkbook by the age of 13. Following a traditional corporate career path, Cady spent more than a decade advising high-level executives of Fortune 500 companies while working for industry giants such as Bloomberg and Financial Executives International. Then, she took the leap to start her own business helping women and entrepreneurs plan for their futures and grow wealth. Cady works with private clients virtually throughout the country and co-hosts a weekly podcast called Corporate Hostage, No More! Her work is regularly featured in news outlets such as the Washington Post, Business Insider, and Bustle. She was named as a top financial advisor by Expertise.com in 2020. She holds a B.A. from The University of Texas at Austin and an MBA from Georgetown University.
Notes:
In this episode, you’ll learn about the following and more:
- Cady’s book, The Resiliency Effect
- The Most Common Limiting Beliefs That People Tend to Have
- What Status Quo Bias is and How It Impacts Us
- How You Can Begin Focusing On Your Inner Journey and Make It Match Your Outer Journey
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- Cady North’s Website
- Cady North’s Twitter
- Cady North’s Instagram
- Congresional Chorus’ YouTube Chanel
- Luis’ Instagram
- Luis’ Facebook
- Luis’ LinkedIn
- Luis’ Twitter
- On My Way To Wealth YouTube Channel
In this episode, Luis shares tips regarding Holiday shopping and how you can save money, time and reduce some stress. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of Investment News 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia’s 100 Top Financial Advisors of 2020. From participating as an FPA NexGen Ambassador & Host, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following and more:
- The negative debt cycle to avoid
- How to easily save money during the year for your overall gift spending
- Time and money saving tips while shopping this Holiday season
- How not to put pressure on yourself to feel like you have to buy gifts and how to work around that
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- PowerPay.Org
- Luis’ Instagram
- Luis’ Facebook
- Luis’ LinkedIn
- Luis’ Twitter
- On My Way To Wealth YouTube Channel
In this episode, Luis speaks about whether or not you should use your old 401k to pay off debt. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of Investment News 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch, as well as Investopedia’s 100 Top Financial Advisors of 2020. From participating as an FPA NexGen Ambassador & Host, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following and more:
- Immediate tax consequences of taking money out of a 401K
- Long term consequences of taking money out of your 401K
- The time value of money
- Other options to consider as an alternative to taking money out of your 401K to pay off debt
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- PowerPay.Org
- Luis’ Instagram
- Luis’ Facebook
- Luis’ LinkedIn
- Luis’ Twitter
- On My Way To Wealth YouTube Channel
In this episode, Luis speaks with Rick Gillis. Rick has been involved in the business of employment since 1997, when he was instrumental in introducing the first local employment website to the greater Houston, TX, market. Since that time, Rick has aggressively studied employment, advancement, promotion, and pay. With the publication (Summer 2021) of his sixth book, “Leveling the Paying Field, A Ground-Breaking Approach to Achieving Fair Pay”, Rick has taken on the resolution of the pay disparity issue from the viewpoint of the employee as well as the employer. Rick believes not only in Equal Pay for Equal Work but also in the Proper Pay for the Best Performance—an assertion that consciously eliminates discrimination of any kind from the discussion.
This far reaching discussion with Rick will touch on aspects of a worker’s commercial value, regardless of the position you hold, as well as how to achieve that promotion using your personal best achievements.
Notes:
In this episode, you’ll learn about the following and more:
- The difference of an employee’s market value vs. commercial value
- Why your work does not speak for itself
- How you can show your wins to your employer to demonstrate your commercial value
- How you can think like an owner to better position yourself for proper pay for the best performance
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- Rick Gillis’ LinkedIn
- Rick Gillis’ Website
- Rick Gillis’ Twitter
- Rick Gillis’ YouTube Channel
- Luis’ Instagram
- Luis’ Facebook
- Luis’ LinkedIn
- Luis’ Twitter
- On My Way To Wealth YouTube Channel
In this episode, Luis speaks about the tax benefits of owning a home. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador & Host, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following and more:
- What the standard deduction is
- What itemized deductions are
- Whether you can deduct home repairs and improvements
- The primary residence capital gains tax exemption
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- Luis’ Instagram
- Luis’ Facebook
- Luis’ LinkedIn
- Luis’ Twitter
- On My Way To Wealth YouTube Channel
Episode 040
Protecting Your Family & Assets
In this episode, Luis speaks with Romeo R. Perez, Esq. Romeo comes from a family of small business owners in South Texas. The first in his family to graduate college, he has owned his family law office for over 22 years, helping his clients with Divorce, Child Custody, Child Support, Guardianship, Grandparents Rights, Juvenile Justice, Abuse/Neglect (CPS) and Termination of Parental Rights. He has dealt with families during some of the most difficult times of their lives and is now running for Family Court Judge in Las Vegas, Department Z. Romeo believes that while knowing the law is important, understanding people is essential.
Notes:
In this episode, you’ll learn about the following and more:
- Romeo’s background and upbringing
- The importance of having a will, trust, and legal guardianship in place and how you can use them to protect your family and assets
- How the state where you live may affect your assets and liabilities
- What Prenuptial and Postnuptial agreements are and how they work
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- Romeo’s Website
- Romeo’s Facebook
- Romeo’s Twitter
- Romeo’s LinkedIn
- Romeo’s Instagram
- Luis’ Instagram
- Luis’ Facebook
- Luis’ LinkedIn
- Luis’ Twitter
- On My Way To Wealth YouTube Channel
In this Hispanic Heritage Month Edition episode, Luis speaks with Elizabeth Suárez.
A highly sought-after leadership and negotiation strategist, Elizabeth Suárez is committed to helping professionals and their organizations establish working environments where people are empowered to be skilled leaders and negotiators. After climbing the ranks of corporate America, she spent the last decade creating the impactful and interactive platform Negotiation Unleashed, a coaching, training and facilitation resource for professionals. As a previous corporate executive turned negotiation influencer, she created this platform to guide leaders into thriving decision-makers and strategists.
Elizabeth holds an MBA from The University of Pennsylvania’s Wharton School of Business, and a BS in chemical engineering from Cornell University. She completed the Executive Management Program at the John F. Kennedy School of Government at Harvard University. She is a graduate of the Center for Creative Leadership, National Hispana Leadership Institute (NHLI) and Leadership Denver. She is a certified MBTI practitioner and mediator trained by the Colorado Council of Mediators and the Colorado Bar Association.
Notes:
In this episode, you’ll learn about the following and more:
- Elizabeth’s background and upbringing
- How Elizabeth’s Hispanic Heritage has shaped her career
- How the Negotiation Unleashed platform helps its participants and the community
- Elizabeth’s best piece of advice for all Hispanic men and women currently working hard to go after their dream
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- Negotiation Unleashed Website
- Elizabeth’s YouTube Chanel
- Elizabeth’s LinkedIn
- Elizabeth’s Twitter
- Elizabeth’s Facebook
- Elizabeth’s Instagram
- Luis’ Twitter
- Luis’ LinkedIn
- Luis’ Instagram
- Luis’ Facebook
- Luis’ YouTube Chanel
In this Hispanic Heritage Month Edition episode, Luis is interviewed once again by Emlen Miles-Mattingly, host of the Minority Money Podcast.
Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador & Host, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following and more:
- Luis’ background and upbringing
- How Luis’ Hispanic Heritage has shaped his career
- Building a Better Future Through Holistic Financial Planning
- Luis’ best piece of advice for all Hispanic men and women currently working hard to go after their dream
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- Minority Money Podcast
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
- Luis’ Instagram
- Luis’ Facebook
In this Hispanic Heritage Month Edition episode, Luis speaks with Carlosluis Perez. Carlosluis is a first-generation college graduate. He was born in Washington Heights in NYC, grew up in the Dominican Republic and returned to New York at the age of 15. He is passionate about college access and has spent the last ten years helping students gain admissions to some of the top colleges and universities in the country. Carlosluis started off his college education at the Borough of Manhattan Community College, where he earned an Associates in Business Administration. He then transferred to The City College of New York, where he earned a bachelor’s degree in Psychology while working part time as a College Counselor for recent immigrants.
After completing his undergraduate education, Carlosluis joined the New York University College Advising Corps as he worked on his Master of Social Work at NYU. During the years that followed, Carlosluis worked his way up to becoming a Director of College Counseling at a high school in the South Bronx. Carlosluis transitioned to KIPP NYC College Prep three years ago, where he works as a College Counselor. In addition, Carlosluis is currently pursuing a EDD in Higher Education Administration and Student Affairs at New York University. When he is not advocating for his students, Carlosluis is traveling the world, exploring NYC, or trying out a new restaurant.
Notes:
In this episode, you’ll learn about the following and more:
- Carlosluis’ background and upbringing
- How Carlosluis’ Hispanic Heritage has shaped his career
- The importance of having mentors and role models at an early age
- How the KIPP NYC College Prep High School helps students, parents, and the community
- Carlosluis’ best piece of advice for all Hispanic men and women currently working hard to go after their dream
Resources:
- Download the 3 Fundamental “Money Moves” to Make Before Turning 45
- Carlosluis’ LinkedIn
- KIPP NYC College Prep High School
- KIPP Volunteering Opportunities: Mike Ioli; mioli@kippnyc.org
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
- Luis’ Instagram
- Luis’ Facebook
In this Hispanic Heritage Edition episode, Luis speaks with Ana Trujillo Limon. Ana has worked in the communications and media industry for more than a decade. Her career started as a reporter at the Santa Fe New Mexican before she took a job as an editor in an outdoor industry trade magazine in Colorado. She’s currently the senior editor for the Financial Planning Association’s publications, including the APEX Award-winning Journal of Financial Planning, the FPA Next Generation Planner and Practice Management Blog. Ana serves on the FPA Diversity Committee and is the co-founder of FPA Latino, a member resource group for Latino FPA members. She is a member of the nation’s first Latina sorority, Lambda Theta Alpha, the Association of Latino Professionals for America, and the American Copy Editors Society. She lives in Wheat Ridge, Colorado with her husband Jamie Limon, and their two dogs Zena and Baloo.
Notes:
In this episode, you’ll learn about the following and more:
- Ana’s background and upbringing
- How Ana’s Hispanic Heritage has shaped her career
- The importance of having mentors and role models at an early age
- How the FPA helps students, financial planners, and the financial planning community
- Ana’s best piece of advice for all Hispanic men and women currently working hard to go after their dream
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- Ana’s Instagram
- Ana’s LinkedIn
- Ana’s Twitter
- Financial Planning Association Website
- Elizabeth Suarez – Negotiation Unleashed
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
- Luis’ Instagram
- Luis’ Facebook
In this Hispanic Heritage Edition episode, Luis talks to Crystal Sunbury. Crystal is a Certified Public Accountant and Senior Manager in the Las Vegas office of RSM US. She spent the first four years of her career at a Big Four accounting firm, where she served public and private commercial real estate companies and manufacturing clients. Crystal devotes a majority of her time serving clients in the real estate and construction industry with clients ranging in size from $10 million to over $1 billion in annual revenues.
Crystal is a member of the national steering committee for the Hispanic Organization for Leadership Advancement (¡HOLA!) employee network group. Crystal also works extensively with RSM’s global team in monitoring quality control for RSM’s international member firms and serves as designated instructor for RSM’s National Learning and Professional Development.
Crystal is also the president of the Las Vegas chapter of ALPFA, the Association of Latino Professionals For America.
Notes:
In this episode, you’ll learn about the following and more:
- Crystal’s background and upbringing
- How Crystal’s Hispanic Heritage has shaped her career
- The importance of having mentors and role models at an early age
- How ALPFA helps students, individual members, member firms, and the community
- Crystal’s best piece of advice for all Hispanic men and women currently working hard to go after their dream
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- ALPFA Las Vegas Chapter Website
- ALPFA Las Vegas Facebook
- ALPFA Las Vegas Instagram
- ALPFA Las Vegas LinkedIn
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
- Luis’ Instagram
- Luis’ Facebook
In this Hispanic Heritage Edition episode, Luis talks to Peter Guzman. Peter is an accomplished Small Business Owner, Real Estate Investor and Developer. He moved to Nevada 45 years ago at the age of 2. Peter has worked very hard at helping people achieve the dream of home ownership. His work has been recognized nationally by all of the major Real Estate Organizations and he has been recognized as the Top Producer for the entire company in 2002, 2003, 2004, 2005, 2006, 2007, 2008 and 2009, with over $650 million in sales.
Peter is the current President of the Latin Chamber of Commerce. The LCC is the most powerful Hispanic Chamber in Nevada with over 45 years of community work and business representation.
Notes:
In this episode, you’ll learn about the following and more:
- Peter Guzman’s background and upbringing
- How Peter’s Hispanic Heritage has shaped his career
- The importance of having mentors and role models at an early age
- How the Latin Chamber helps small business owners and the community
- Peter’s best piece of advice for all Hispanic men and women currently working hard to go after their dream
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- Latin Chamber of Commerce Website
- Latin Chamber of Commerce Facebook
- Latin Chamber of Commerce Twitter
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
- Luis’ Instagram
- Luis’ Facebook
In this episode, Luis talks about situations when you need a financial planner, the different types of advisor compensation, and questions to ask a financial planner before you hire them.
Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following:
- What financial planners do
- Situations when you need a financial planner
- The different types of advisor compensation methods
- Questions to ask a financial planner before you hire them
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- Build a Better Financial Future LLC
- XY Planning Network
- National Association of Personal Financial Advisors
- LetsMakeaPlan.org
- Luis’ Twitter
- Luis’ LinkedIn
- Luis’ Instagram
- Luis’ Facebook
In this episode, Luis talks about mortgage forbearance options and the main thing you should do if you take advantage of a mortgage forbearance option.
Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following:
- What mortgage forbearance is
- The different types of mortgage forbearance
- How to apply for mortgage forbearance
- The main thing you should do if you take advantage of a mortgage forbearance option
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- On My Way to Wealth Podcast & Blog
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
- Luis’ Instagram
- Luis’ Facebook
In this episode, Luis talks about the different types of identity theft protection services, what they include, and what to ask in order to see which of these services is right for you.
Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following:
- The Different Types of Identity Theft Protection Services
- Questions to ask Identity Theft Protection Services Providers
- Things you can do to monitor and protect your credit on your own
- Free tools to monitor and protect your credit
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- https://www.identitytheft.gov/
- IRS Identity Theft Protection Pin
- AnnualCreditReport.com
- On My Way to Wealth Podcast & Blog
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
- Luis’ Instagram
- Luis’ Facebook
In this episode, Luis talks about the key differences between debt consolidation and debt settlement, and how to understand them before you make a decision because their difference can make all the difference.
Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following:
- What debt consolidation is
- The pros and cons of debt consolidation
- What debt settlement is
- The pros and cons of debt settlement
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- PowerPay.org
- On My Way to Wealth Podcast & Blog
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
- Luis’ Instagram
- Luis’ Facebook
In this episode, Luis talks about the Loan Estimate mortgage document that you get when you apply for a loan, and how to understand it before you make a decision.
Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following:
- What the Loan Estimate is
- A detailed breakdown of the three pages included in the loan estimate
- What you need to pay attention to when comparing loan estimates from different lenders
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- Loan Estimate Explainer
- On My Way to Wealth Podcast & Blog
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
- Luis’ Instagram
- Luis’ Facebook
In this episode, Luis talks about your options if you have an old 401K from a previous employer.
Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following:
- What options you have with the retirement plan from a previous employer
- Understanding your vested balance
- What happens if you still have an outstanding loan and you leave your employer
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- On My Way to Wealth Podcast & Blog
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
- Luis’ Instagram
- Luis’ Facebook
In this episode, Luis talks about co-branded retail cards and whether it’s a good idea to get one.
Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following:
- What a co-branded credit card is and how it differs from a store retail card
- The pros and cons of obtaining a co-branded credit card
- Additional considerations before you decide to apply for a co-branded credit card
- What to look out for to avoid overspending and paying unnecessary interest
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- On My Way to Wealth Podcast & Blog
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
- Luis’ Instagram
- Luis’ Facebook
In this episode, Luis is interviewed by Dasarte Yarnway and they talk about the importance of Holistic Financial Planning. Dasarte is the host and creator of the Young Money Podcast and the founder of Berknell Financial Group.
Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following:
- What Holistic Financial Planning encompasses
- Some of the most common things that people overlook when it comes to their finances
- How Holistic Financial Planning can help guide people and provide peace of mind during turbulent times
- Three things you can do today to get a handle of your financial life
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- Bernell Financial Group’s Website
- On My Way to Wealth Podcast & Blog
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
- Luis’ Instagram
- Luis’ Facebook
In this episode, Luis talks about the Roth IRA vs. the Traditional IRA as well as Roth 401K and Traditional 401Ks and how to decide which one is best for you.
Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following:
- The history of the Roth IRA
- What to do before you consider whether the Roth IRA or Traditional IRA is right for you
- Contribution limits for the Roth and Traditional IRAs
- Income limits for the Roth and Traditional IRAs
- Roth conversions and opportunities during COVID-19
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- IRS Income and Contribution Retirement Plan Limits
- On My Way to Wealth podcast
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
- Luis’ Instagram
- Luis’ Facebook
In this episode, Luis talks about the consequences of taking a qualified coronavirus distribution from a retirement account and ways to navigate the taxes and other consequences.
Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following:
- The new rules under the CARES Act regarding qualified retirement account distributions
- Who is eligible for a coronavirus qualified retirement distribution
- The difference between a 401K loan and a 401k withdrawal
- Short term and long term consequences of taking money out of your retirement account and how to navigate them
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- IRS Q&A Regarding Coronavirus Related Distributions from Retirement Accounts
- On My Way to Wealth podcast
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
- Luis’ Instagram
- Luis’ Facebook
In this episode, Luis talks about the most common types of life insurance and discusses the pros and cons of getting life insurance through your employer vs. buying your own.
Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following:
- The basic types of life insurance
- Permanent vs. term life insurance
- The pros and cons of purchasing group insurance through your employer
- Why you should consider having your own policy in addition to your employer’s policy
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- Investopedia’s Guide to Life Insurance
- On My Way to Wealth podcast
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
- Luis’ Instagram
- Luis’ Facebook
In this episode, Luis talks about a little-known mortgage repayment option and how you can use it to your advantage.
Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following:
- The 20-year mortgage option
- How the 20-year mortgage compares to the 30 year and the 15 year
- Why you may want to consider a 20 year vs. a 15 year
- How you can take advantage of today’s low rates to reduce the years left on your loan
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- Nerdwallet Mortgage Amortization Calculator
- On My Way to Wealth podcast
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
- Luis’ Instagram
- Luis’ Facebook
In this episode, Luis talks about home buying versus renting, and things to consider before doing either.
Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following:
- The pros and cons of buying a home
- The pros and cons of renting a home
- Why a bad investment isn’t always a bad decision
- Why the tax benefits of purchasing a home are no longer the same today
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- Nerdwallet Buy Vs. Rent Calculator
- On My Way to Wealth podcast
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
- Luis’ Instagram
- Luis’ Facebook
In this episode, Luis talks about what you should do before considering investing, and the different types of investments.
Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following:
- Importance of having an emergency savings
- Taking advantage of employer 401K match
- Debt elimination
- Investment basics
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- https://saveandinvest.org/
- On My Way to Wealth podcast
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
- Luis’ Instagram
- Luis’ Facebook
In this episode, Luis talks about the five categories of credit data used to calculate credit scores and tips you can use to improve your credit.
Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following:
- The five different categories of data used to calculate credit scores
- The percentage allocated to each of the categories
- Things you can do to improve your score
- Things to be aware of that can hurt your credit score
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- AnnualCreditReport.com
- On My Way to Wealth podcast
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
- Luis’ Instagram
- Luis’ Facebook
In this episode, Luis talks about the best ways to eliminate consumer debt.
Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following:
- Things to look out for when you consolidate debt
- The Snowball method
- The Avalanche method
- When compound interest is your friend or foe
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- PowerPay.org
- On My Way to Wealth podcast
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
- Luis’ Instagram
- Luis’ Facebook
In this episode, Luis talks about the S.M.A.R.T. goal-setting system and how you can use it to be more likely to achieve your intended outcomes. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following:
- The importance of being specific with your goals
- Why measuring your progress matters
- Setting attainable goals
- Why your goals should align with your purpose, your why!
- Having a target date for your goals and doing backward planning to achieve them
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- On My Way to Wealth podcast
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
In this episode, Luis talks about some strategies you can use to make the best of your stimulus payment. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following:
- Building your emergency savings
- Paying off high interest debt
- Contributing to a Roth IRA
- Kickstarting your buckets for short-term goals
- Contributing to a Health Savings Account
- Obtaining a term life insurance policy
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- https://www.savingforcollege.com/
- https://powerpay.org/
- On My Way to Wealth podcast
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
In this episode, Luis speaks with Emlen Miles-Mattingly. Emlen is the CEO and founder of Gen Next Wealth. Emlen is also the host and creator of the Minority Money Podcast, and his mission is to change the complexion of wealth by educating the public around finances, personal health, wealth, and fitness. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following:
- How minorities are being affected by COVID-19 at an alarming rate
- Some of the underlying reasons why coronavirus is affecting people of color disproportionately
- Personal health and fitness tips to help curtail the problem
- Personal finance tips that you can do today to put yourself in a better position
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- Minority Money Podcast
- Gen Next Wealth
- Emlen’s Twitter
- Emlen’s Instagram
- Your Body’s Many Cries for Water Book
In this episode, Luis speaks with Arnold Gillo, LCSW, a Behavioral Therapist based in Las Vegas, NV. Originally from Kenya, Arnold moved to the U.S. and graduated from the University of Utah. He then founded Behavioral Health Consultants and is a Licensed Clinical Social Worker with expertise in treating dual diagnosis patients. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following:
- What is emotional spending?
- How has life under quarantine impacted emotional spending habits?
- What are some ways to help prevent or curtail emotional spending?
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- Arnold Gillo’s LinkedIn Profile
- Arnold Gillo’s Psychology Today Profile
- American Psychological Association Willpower, Finances & Spending Article
- Psychology Today Behavioral Economics Article
In this episode, Luis talks about ways to navigate during not so favorable economic times. Luis also provides a highlight of the CARES ACT and how it affects individuals and small businesses. Recent stock market volatility mainly due to the Coronavirus has caused a lot of uncertainty, however, there are things you can do to stay focused on your goals and not let the negative news affect you. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following:
- Who qualifies for stimulus payments & who does not
- Benefits included in the stimulus package for individuals
- Benefits included in the stimulus package for small businesses
- Things you can do if your finances were affected by COVID-19
- Opportunities you can take advantage of in the current economic environment
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- IRS Change of Address Form 8822
- IRS Coronavirus Information Page
- USA.GOV Coronavirus Information Page
- USA.GOV Coronavirus Information Page (En Español)
- Nevada Unemployment Benefits
- Kiplinger Stimulus Payment Calculator
In this episode, Luis talks about ways to help prepare yourself during not so favorable economic times. Recent stock market volatility mainly due to the Coronavirus has caused a lot of uncertainty, however, there are things you can do to stay focused on your goals and not let the negative news affect you. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following:
- Why You Should Prioritize Your Emergency Savings
- The Importance of Having a Diversified Portfolio
- Avoiding Lifestyle Inflation
- Why You Should Tune Out the Noise of Negative News
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- On My Way to Wealth podcast
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
In this episode, Luis has a casual conversation with his wife, Alison, about the current state of mortgage rates, their relationship to the stock market drop, and whether or not it makes sense for someone to buy a home now or refinance their current mortgage. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador, to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn about the following:
- Why mortgage rates go down during significant stock market drops
- How a mortgage refinance works
- The different types of refinances
- Things to consider in order to determine if refinancing your mortgage makes sense
- What a mortgage point is and if they make sense to pay
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- On My Way to Wealth podcast
- Build a Better Financial Future LLC
- Luis’ Twitter
- Luis’ LinkedIn
- Bankrate Mortgage Calculator
- Nerdwallet Mortgage Calculator
In this episode, Luis talks about things you should consider when first joining finances with a spouse or significant other. Luis came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City, he noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. He founded Build a Better Financial Future LLC and is the host of the On My Way to Wealth podcast. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine’s 10 Young Advisors to Watch. From participating as an FPA NexGen Ambassador to speaking at the CFP Board’s Diversity Summit, Luis uses his platform to help spread financial literacy as well as encourage younger and diverse planners to join and thrive in the industry.
Notes:
In this episode, you’ll learn tips regarding the following:
- Being transparent with your spouse or significant other
- How to start joining finances without feeling overwhelmed
- The importance of maintaining your own credit and financial identity
- Identifying how you can save money when joining finances
- Having “money dates” with your spouse or significant other
- Paying off debts as a couple/household
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- On My Way to Wealth podcast
- Build a Better Financial Future LLC
- https://powerpay.org/
- Luis’ Twitter
- Luis’ LinkedIn
In this episode, Luis talks with Lauryn Williams, CFP®. Lauryn is a 4-time Olympian, 3-time Olympic medalist, and the first American woman to earn a medal in both the Summer and Winter Olympic Games.
While pursuing professional sports Lauryn interacted with not one but two financial advisors that didn’t provide the services she needed. She asked friends what they were doing about their finances and the answers were vague and unsettling. Constantly looking for ways to make a difference in the lives of others, she decided to put her Finance degree and MBA to use to fill the gap for young professionals. Eager to learn everything she then pursued the Certified Financial Planning certification.
Her company, Worth Winning, offers virtual services to help young professionals get the answers to the financial questions that matter most to them.
Notes:
In this episode, you’ll learn tips regarding the following:
- Where to begin in order to take inventory of your student debt
- The different types of repayment plans
- Key distinctions between private and government student loans
- Information about the Public Service Loan Forgiveness Program
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- Worth Winning Website
- Worth Winning Instagram
- Worth Winning Facebook
- Worth Winning Twitter
- Heather Jarvis
- Student Loan Planner
- Student Loan Gov’t Website
In this episode, Luis talks to Chloe Moore. Chloe is the Founder of Financial Staples, a virtual, fee-only comprehensive financial planning firm based in Atlanta, GA and serving clients nationwide. Financial Staples is dedicated to serving entrepreneurs and tech employees. As a CERTIFIED FINANCIAL PLANNER™ professional, Chloe takes a comprehensive approach that helps her clients align their finances with their values and purpose so they can live their greatest lives. In addition to promoting financial literacy through volunteer efforts, Chloe also focuses on the cultivation of female and minority financial planners. Through her leadership, contribution, and volunteerism within the financial services industry, Chloe was recognized as one of Investment News Magazine’s Top 40 Under 40 in 2017.
Notes:
In this episode, you’ll learn tips regarding the following:
- What stock compensation is
- The different types of stock compensation
- What a stock option is
- What a restricted stock unit is
- Considerations regarding stock options
- The difference between public and private companies
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
- Website: http://www.financialstaples.com/
- LinkedIn: https://www.linkedin.com/in/chloemoore
- Twitter: https://twitter.com/finstaples
-
Facebook: https://www.facebook.com/finstaples
-
Consider Your Options by Kaye A. Thomas
- Wealthfront Blog Guide to Equity & IPOs
- Stockoptioncounsel.com Blog
- Mystockoptions.com
In this episode, Luis talks to Paulina Clute. Paulina is the owner and lead planner of Paulina Clute Events, a boutique wedding and event planning company based in Las Vegas, Nevada. Growing up in New Orleans and then putting roots down in Las Vegas, Paulina believes celebrating all the things life has to offer is in her DNA. Since launching her company in 2014, Paulina has planned, coordinated and executed over 80 weddings and events. She is a member of the Las Vegas Chapter of The Wedding International Professionals Association, has planned a wedding for the non-profit organization, Wish Upon a Wedding - Las Vegas Chapter, and continues her education and advancement through online resources as well as seminars and conferences. When not planning events, Paulina’s life revolves around her husband Mike and 6-month-old daughter, Camille.
Notes:
In this episode, you’ll learn tips regarding the following:
- How to break down your wedding budget
- Money-saving tips while planning your wedding
- How a wedding planner can help you save money and headaches on your special day
- Things that you should definitely have in your wedding and things you can do without
- What to do to ensure you get off on the right foot and not start your marriage in debt
Resources:
3 Fundamental “Money Moves” to Make Before Turning 45
Paulina Clute Events Facebook
Paulina Clute Events Instagram
Paulina Clute Events Website
The Knot
Wedding Wire
Wedsafe
Eventhelper
In this episode, Luis talks to Marguerita Cheng, CFP®. Rita is the Chief Executive Officer at Blue Ocean Global Wealth based in Gaithersburg, MD. She is a regular columnist for Investopedia & Kiplinger and holds multiple designations, such as the Certified Financial Planner™ certification, Chartered Retirement Planning Counselor(sm), among others. Rita is also a Certified Financial Planner Board of Standards Ambassador, and she helps educate the public, policymakers, and the media about the benefits of competent, ethical financial planning and helps move the financial planning industry forward, via her writing, public speaking, and volunteer work with several organizations, including the Financial Planning Association. Rita is a recipient of several industry recognitions, including the #3 Most Influential Financial Advisor in the Investopedia Top 100 in 2017 and a Woman to Watch by InvestmentNews.
Notes:
In this episode, you’ll learn tips regarding the following:
- Why we need to be more vigilant than ever about protecting our credit
- Some of the most common types of scams
- What you can do to protect yourself, your kids, and your parents
- Steps to take if you fall victim to identity theft
Resources:
3 Fundamental “Money Moves” to Make Before Turning 45
https://www.blueoceanglobalwealth.com/
Twitter: @BLueOceanGW
Facebook: @BlueOceanGlobalWealth
LinkedIn:
https://www.linkedin.com/company/blue-ocean-global-wealth/
Experian Security Freeze:
https://www.experian.com/freeze/center.html
Equifax Security Freeze:
https://www.equifax.com/personal/credit-report-services/
TransUnion Security Freeze:
https://www.transunion.com/credit-freeze
Free Annual Credit Report:
https://www.annualcreditreport.com
Opting Out of Unsolicited Credit Card Offers:
https://www.optoutprescreen.com/
In this episode, Luis talks to Jason Howell, CFP®. Jason is a CERTIFIED FINANCIAL PLANNER™ professional, former U.S. Congressional candidate, and President of Jason Howell Company. Jason is also the author of Joy of Financial Planning: 7 Strategies for Transforming Your Finances and Reclaiming Your American Dream. His mission is to bring the best of ultra-high net worth family financial planning to this generation’s mass affluent.
Notes:
In this episode, you’ll learn tips regarding the following:
- What family governance is
- A brief history of family governance
- Who uses family governance
- Finding Your “why” as it relates to your family’s finances & legacy
- The 7 Steps towards building your own family governance
Resources:
- 3 Fundamental “Money Moves” to Make Before Turning 45
-
Company Website: https://www.jasonhowell.com
-
Twitter: https://witter.com/JasonHowellCo
-
LinkedIn: https://www.linkedin.com/in/jasonhowell
-
Book: https://www.joyoffinancialplanning.com/
-
Facebook Group: https://www.facebook.com/groups/JoyofFinancialPlanning/
-
Inequality.org: https://inequality.org/
In this episode, Luis talks to Juany Rodriguez, BSN, a Registered Nurse with over a decade of experience in the field of fertility, currently working at Generation Next Fertility in New York City. She has extensive experience understanding all aspects of the patient’s process. Juany has been thoroughly involved in the operations of several fertility practices including the development of Third-Party programs using sperm and egg donors, as well as gestational carriers. She has worked with patients from all different socio-economic backgrounds both trying to start or expand a family and those delaying parenthood for social or medical reasons.
Notes:
In this episode, you’ll learn tips regarding the following:
- The different avenues you can take when trying to conceive
- Fertility preservation options
- Elective vs. Medical reasons
- Costs you can expect
- Impact on same-sex couples
- The top questions to ask your employer and insurance company
Resources:
3 Fundamental “Money Moves” to Make Before Turning 45
https://www.generationnextfertility.com/
https://resolve.org/
https://www.reproductivefacts.org/
https://www.sart.org/
In this episode, Luis talks to Walter Brown, a financial advisor at WestPac Wealth Partners based out of their Las Vegas office. He was born and raised in Boston, Massachusetts, achieving success as a basketball player at an early age, and eventually securing a basketball scholarship to Boston University. His continued athletic success led him to a 13-year professional career, spanning three countries (France, Switzerland, and Japan) and four teams. Living and working in culturally diverse countries allowed him to develop his ability to communicate effectively and connect with people from all walks of life. Walter brings this same level of passion and discipline into the relationships he builds with his financial planning clients in order to help them in their financial journeys.
Notes:
In this episode, you’ll learn tips regarding the following:
- The first thing you should look at when considering signing up for your employer’s retirement plan
- The options you have available as far as your old 401K when you leave an employer
- Roth IRA vs. Traditional IRA
- Asset allocation based on your age and time frame
- Avoiding becoming victim to company bias when investing in your employer’s plan
- What a target date fund is and how they work
Resources:
3 Fundamental “Money Moves” to Make Before Turning 45
Facebook:
@WalterBrownWP2
LinkedIn:
https://www.linkedin.com/in/walter-m-brown/
WestPac Wealth Partners:
https://www.westpacwealth.com/
FINRA Fund Analyzer:
https://tools.finra.org/fund_analyzer/
Nerdwallet Compound Interest Calculator:
https://www.nerdwallet.com/banking/calculator/compound-interest-calculator
In this episode, Luis talks to Matthew Winters, Esq., a partner at TALG. Matthew primarily focuses on tax and estate planning and works out of the Las Vegas office. Matthew holds a B.A. in History from Nevada State College, J.D. from UNLV – Boyd School of Law and LL.M. in Taxation from The University of Alabama School of Law.
Notes:
In this episode, you’ll learn tips regarding the following:
- Why you do not need to be super rich to have an estate plan
- Things you can do to protect your assets while you’re alive and after you pass
- How to best make sure your intended beneficiaries get your assets as per your wishes
- How to best designate a guardian for your minor children in the event of your passing
- Why a will by itself may not be enough to complete your estate plan
- How powers of attorney work
- How to make sure your healthcare decisions can be taken care of as per your wishes
Resources:
3 Fundamental “Money Moves” to Make Before Turning 45
https://talglaw.com/
In this episode, Luis talks to Eddie Egan, a car industry veteran who has worked for over 10 years in service, sales, and parts. Eddie is a national award winner as a service advisor and currently works as a Service and Parts Director at a major national luxury brand dealership in New York.
Notes:
On this episode, you’ll learn tips regarding the following:
- financing vs. leasing
- benefits of a Certified Pre-Owned vehicle
- things to consider when trading in your old car vs. selling it in the private market
- how to best determine whether to finance from the dealer or with your own lender
- fees to typically expect
- types of warranties
- what gap insurance is
- tips for returning a leased vehicle
- Maintaining your vehicle at the dealer vs. your own mechanic
Resources:
3 Fundamental “Money Moves” to Make Before Turning 45
https://www.carfax.com/
https://www.kbb.com/
https://www.nhtsa.gov/ratings
In this episode you'll learn:
- What the podcast is about
- A little bit about Luis
- Podcast format
- Podcast schedule