521 Capitola Avenue
Before you know where you are going it is important to know where you come from. This is not only true in life but especially true in finances. Keeping good financial records is crucial to your plan. It helps project trends, find gaps and is the first step to effective financial planning.We provide financial planning tools to help you gather your financial information and begin your journey to financial independence.
This is a classic personal finance strategy to build wealth. The goal is to save first, prioritizing your financial goals and learning to live within your means. We teach the 20-20-60 Rule of savings to our young clients. This system sets them on a path path of building wealth at an early stage and creates a good habit.
We are staunch believers in multiple streams of income. Receiving income from multiple sources is a great cash-flow diversification tool and allows you to not be solely reliant on your wage income. When it comes time to spend your wealth to live, it’s important to have different buckets and income streams to support your lifestyle. We help our clients understand the advantages of this for both building and spending wealth.
A financial plan is the road map or playbook to work towards your life goals. These goals can include buying a home, running a business, saving for your child’s education, or enjoying a life after work on your terms.
Bad debt is the number one worst detriment to wealth building. This includes carrying credit card balances, car debt, personal loans and other debt. These shrink your wealth, not grow it and they reduce your future potential.Proper debt management is borrowing to increase your assets in a financially responsible manner (not over leveraging). One of the best uses is buying your primary residence. This allows you to lock in your fixed housing costs while you work to increase your income.
We help our clients manage their debt and build assets over time by using debt that is positive to their capital growth and not detrimental to their financial well-being.
Protect your family and all you worked for by transferring the catastrophic risk to insurance companies. Simple changes can provide the peace of mind that in the case of unforeseen circumstances, you will protect what is important to you. We help our clients identify these risks and talk through which make sense to insurance against.
No one can be expected to know what the right financial decision is in all aspects. This is why we too partner with experts in their related fields to provide you experienced solutions to set you up for success. The cost of good advice is well worth the upside of making a good financial decision. We partner with the financial professional in your life to maximize the expertise that is available to you.