076: Millennials - 5 Reasons to Work with a Financial Planner Before Turning 30

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