Divorce Journalist Ilyssa Panitz

Prepare to recalibrate your retirement compass with financial maestro Chris Cyr. In this episode, Chris joins Paula for another insightful discussion about the top three mistakes people make when planning for retirement. From the actual cost of your daily expenses to the unforeseen hits of healthcare, this episode promises to arm you with strategies to avoid common financial hazards that lie in wait for the unwary retiree. They also discuss the importance of a comprehensive budgeting approach, considering everything that can ambush your savings post-retirement.

Chris Cyr is the president of Cyr Financial Inc., a registered investment advisor. They follow a holistic financial planning model, managing clients' investments, taxes, insurance, and estate strategies together in one cohesive direction. The firm employs a Quantitative, Systematic, Research-based approach to investing.

Find Chris:

Podcast: https://cyrfinancial.net/retirementforlife/ 

LinkedIn: https://www.linkedin.com/in/chriscyr/

Website: http://cyrfinancial.net/

Website: https://5toask.com/

Facebook: https://www.facebook.com/cyrfinancial/

Episode highlights:

(0:00) Intro

(1:14) Underestimating the bad things

(5:35) Not having tax planning

(6:48) Three buckets of money

(12:12) Social security

(19:31) Two possible discussions about retirement

(21:57) How to connect with Chris

(22:32) Outro

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Reach Paula at paula@paulachristine.com or through her website, paulachristine.com.

Embark on a financial enlightenment journey with Paula as she speaks with Chris Cyr, a Financial Advisor. They guide you through the nuances of selecting a financial advisor adept at managing wealth's accumulation and distribution phases. Chris points out that most industry advisors are remunerated for aiding clients in wealth accumulation. However, the need for more advisors dedicated to complex planning is evident. During the retirement phase, one faces the most financial peril, underscoring the necessity of having a financial advisor who can secure a stable retirement income. He emphasizes the importance of having a financial advisor who can effectively guide you through life's financial milestones.

Chris Cyr is the president of Cyr Financial Inc., a registered investment advisor. They follow a holistic financial planning model, managing clients' investments, taxes, insurance, and estate strategies together in one cohesive direction. The firm employs a Quantitative, Systematic, Research-based approach to investing.

Find Chris:

LinkedIn: https://www.linkedin.com/in/chriscyr/

Website: http://cyrfinancial.net/

Website: https://5toask.com/

Facebook: https://www.facebook.com/cyrfinancial/ 

Episode highlights:

(0:00) Intro
(0:45) Free checklist for finding the right financial advisor
(5:12) Importance of finding the right advisor
(7:39) Value beyond investment returns
(9:50) Emphasis on safety in retirement planning
(10:53) The misconception about market performance
(11:42) Advice for young investors
(13:32) The need for professional guidance
(16:09) How to access the document
(16:40) Outro

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Reach Paula at paula@paulachristine.com or through her website, paulachristine.com.

Are taxes just a yearly scramble, leaving you wondering if you've missed out on significant savings? In this episode, Paula shares actionable tax-saving strategies that can lead to financial gains. When it comes to taxes, knowledge is not just power but also profit.

Episode highlights:

(0:00) Intro

(0:59) Planning ahead

(3:22) Learn about tax credits

(7:05) Tax deductions

(10:38) Knowing your tax bracket

(13:42) Seek advice from a professional

(15:18) Outro

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Reach Paula at paula@paulachristine.com or through her website, paulachristine.com.

When it comes to increasing your income, the modern world offers many opportunities that don't necessarily require you to take on additional full-time jobs. Today, Paula covers five ways to earn extra money or save on expenses. She also emphasizes that despite these numerous opportunities, it's crucial to approach side hustles with realistic expectations and a cautious eye for scams. Side hustles offer a promising path to augment your income, but they require a strategic approach to reap the benefits. Understanding the opportunities available, exercising caution, and utilizing the right platforms can add to your income and save you from falling victim to common mistakes or deceptive schemes.

Episode highlights:

(0:00) Intro
(1:17) Completing surveys
(2:18) Declutter
(4:17) Freelance
(5:33) Rent out space
(6:34) Cashback and rewards programs
(9:25) Outro

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Reach Paula at paula@paulachristine.com or through her website, paulachristine.com.

Is the tension of money matters straining your relationship? In today's episode, Paula speaks with Dana Diaz, a best-selling author, about the delicate power play of financial control within partnerships. Their conversation touches on retirement planning with your significant other, and offers practical strategies for couples with disparate incomes to work cohesively towards shared monetary objectives. Dana emphasizes that financial autonomy and mutual respect are essential for a healthy relationship.

Dana S. Diaz is an author and survivor of narcissistic abuse. Her best-selling book, GASPING FOR AIR: THE STRANGLEHOLD OF NARCISSISTIC ABUSE, chronicles her own abusive marriage that lasted nearly three decades. She has had life-long experience with narcissistic abuse, beginning in childhood. 

Dana’s education in journalism and psychology at DePaul University in Chicago gave her the ability to accurately verbalize and express how narcissistic abuse creates confusion and conflict among victims. She has been a guest on over a hundred podcasts globally, striving to create awareness and understanding to ensure victims are given the support they need to understand their situation and begin the healing process. Dana has also been a featured speaker in a Summit for healing after trauma and will be featured in two more Summits in 2024. She lives with her husband in Illinois and is in the process of publishing the prequel and sequel to her book.

Find Dana:

Website: https://danasdiaz.com/ 
Email: info@danasdiaz.com 

Facebook: http://www.facebook.com/DanaSDiazAuthor

Instagram: https://www.instagram.com/danas.diaz/

Episode highlights:

(1:12) Dealing with someone very controlling about money

(2:48) Saving for retirement or goals

(8:52) Weekly financial meeting

(11:02) Understanding what's important about money

(13:37) Tips to make conversations about money easier

(20:35) Checks and balances

(22:20) Dana's book

(23:06) Outro

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Reach Paula at paula@paulachristine.com or through her website, paulachristine.com.

Discover the synergy between building wealth in real estate and constructing a more fulfilled life in today’s episode! Paula talks with David Dippong, the Go-To Real Estate Advisor In Coastal Southern California. David brings a fresh perspective on personal growth, emphasizing the transformative power of a positive mindset in your financial and personal endeavors. They discuss the delicate art of shifting from deep-seated childhood beliefs to the kind of adult productivity that turns dreams into reality. David lays bare the human tendency to fixate on the negative and offers strategies to foster resilience and positivity. 

David Dippong is a licensed real estate advisor and a Realtor® at CØMPASS, a top brokerage in Los Angeles & Orange County. He is the go-to advisor for real estate in Southern California, specializing in guiding home buyers, sellers, and investors of all experience levels to great outcomes. His specialties include Buyer’s Agent, Listing Agent, Multi-Family, Fix & Flips, Consulting, and Commercial R.E.

David provides a resource his clients can turn to at any time, not just when buying or selling. By staying invested in his clients’ long-term success, he can guide them to the wealth and passive income they seek. 

Over the last few years, David has personally managed and closed over 60 transactions in residential real estate exceeding $45M. He believes in educating his clients and helping them build their wealth through real estate long-term. 

Find David:

Website: https://dippongrealestate.com/ 
Email: coachwithdave@gmail.com 

LinkedIn: https://www.linkedin.com/in/dippongrealestatela/

Facebook: https://www.facebook.com/DippongRealEstateLA/

Episode highlights:

(0:00) Intro
(0:49) How David started his journey

(1:48) Assistance programs

(4:27) Investment and mindset coaching

(7:31) Our brain focuses on the negative

(9:17) Three things David focuses on

(12:35) A goal he went to his process to achieve

(16:41) Motivation and taking the first step

(19:34) How to reach David

(22:48) Outro

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Reach Paula at paula@paulachristine.com or through her website, paulachristine.com.

In this episode, Paula and Marc Edelstein continue to unravel the mysteries of home appraisals and the predicaments they can pose when the numbers don't match up with your purchase price. They stress the importance of choosing the right home-buying real estate and mortgage professionals. Marc underscores the importance of staying informed about quarterly changes in lenders' guidelines and credit scoring. It emphasizes the value of having knowledgeable professionals on your team who are up-to-date with these changes, ensuring top-notch client support. This episode is packed with insider knowledge you want to take advantage of!

Marc Edelstein is a Senior Mortgage Loan Officer at Ross Mortgage Corporation. Marc is a seasoned loan officer with 21 years of experience helping residents in the region achieve their homeownership goals. He provides personalized guidance and support to his clients to make informed mortgage decisions. 

Marc understands that every client is unique, so he takes the time to get to know them and their specific needs. From pre-approval to closing, he is with his clients every step of the way, answering their questions, addressing their concerns, and helping them navigate the complex mortgage lending process. Marc’s team has the expertise and resources to guide clients through the process and help them achieve their financial goals.

Link mentioned:

Opt out of unsolicited home-buying calls: https://optoutprescreen.com/

Find Marc:

Website: https://www.thatmortgagebanker.com/

LinkedIn: https://www.linkedin.com/in/maedelstein

Email: medelstein@rossmortgage.com

Phone: 248-379-6749

Episode highlights:

(0:00) Intro

(0:41) Property appraisal for the lender

(2:14) Escalation clause

(3:46) Appraisal report and next steps

(7:34) The bottom line in buying a house

(10:58) The shopping window

(12:06) Expiration dates of documents and credit reports

(16:24) How to connect with Marc

(16:51) Outro

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Reach Paula at paula@paulachristine.com or through her website, paulachristine.com.

Unlock the secrets to a stress-free home-buying experience with the guidance of mortgage virtuoso Marc Edelstein from Russ Mortgage in today's episode. Paula talks with Marc about the difference between pre-qualification and pre-approval. Marc delineates the significance of an underwriter's touch in making your offer stand out amidst a sea of buyers. They dive into the 'four Cs' of mortgage acquisition and the vital role of the FICO credit score, ensuring you're equipped with the knowledge to navigate the financial seas of home ownership.

Marc Edelstein is a Senior Mortgage Loan Officer at Ross Mortgage Corporation. Marc is a seasoned loan officer with 21 years of experience helping residents in the region achieve their homeownership goals. He provides personalized guidance and support to his clients to make informed mortgage decisions. 

Marc understands that every client is unique, so he takes the time to get to know them and their specific needs. From pre-approval to closing, he is with his clients every step of the way, answering their questions, addressing their concerns, and helping them navigate the complex mortgage lending process. Marc’s team has the expertise and resources to guide clients through the process and help them achieve their financial goals.

Find Marc:

Website: https://www.thatmortgagebanker.com/

LinkedIn: https://www.linkedin.com/in/maedelstein

Email: medelstein@rossmortgage.com

Phone: 248-379-6749

Episode highlights:

(0:00) Intro

(1:03) Pre-qualification vs. pre-approval

(4:38) Four Cs of obtaining a mortgage

(5:16) Two types of credit scoring

(9:52) Loan programs and credit scores

(12:42) Income to support the mortgage

(15:16)) Ideal ratio of income vs. total debt

(16:45) Source of funds

(19:12) Collateral

(21:35) Outro

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Reach Paula at paula@paulachristine.com or through her website, paulachristine.com.

The landscape of retirement planning is continuously evolving, and staying abreast of the latest legislative changes is crucial for anyone looking to secure a comfortable future. 

In this episode, Paula tackles the Secure 2.0 Act, a piece of legislation set to reshape retirement savings starting in 2024. It is a focal point for individuals aiming to maximize their financial potential. The Act introduces a groundbreaking opportunity for those grappling with student loans. Employers can now match their employee's student loan payments with contributions to their retirement plan. Furthermore, the Secure 2.0 Act establishes provisions for emergency withdrawals. Previously, taking funds from a retirement account before reaching a certain age would incur a hefty penalty. Another significant development is the introduction of emergency savings accounts tied to retirement plans. 

The Secure 2.0 Act has intricacies that can profoundly impact individual retirement strategies. It is imperative to consult with financial advisors and tax professionals to fully understand how these changes apply to personal circumstances.

Episode highlights:

(0:00) Intro

(1:09) Changes in the SECURE Act

(2:59) Emergency savings account

(4:55) Clarifications to RMD ages

(5:59) The 529 plan

(7:09) Employer issues

(8:03) Qualified charitable distributions

(9:05) Provision for catch-up contributions on a Roth basis

(10:18) Outro

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Reach Paula at paula@paulachristine.com or through her website, https://paulachristine.com/.

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Reach Paula at paula@paulachristine.com or through her website, paulachristine.com.

Revolutionize your job search with the tactics of Annie Margarita Yang, the trailblazing author behind the book "The 5-Day Job Search." In this episode, Paula interviews Annie about her innovative strategies to help job seekers break free from the minimum wage cycle and overcome job search hurdles. Annie's method advocates for a bold, high-volume approach that lands your optimized resume on 50 inboxes daily with the poise of an expertly aimed arrow. Annie insists this is not only doable but essential for navigating today's competitive job market. 

Annie Margarita Yang is a finance guru helping millennials overcome financial hurdles that previous generations didn’t face. She provides targeted advice based on her firsthand experience, which doesn’t just recycle general platitudes. Her primary focus is her award-winning book, The 5-Day Job Search, which has become a must-read for young professionals clawing their way out of student loan debt while trying to keep a well-paying job. It is also a page-turner for Gen Zers looking to pursue their passions without debt.

Annie is an accounting manager and business operations leader in the real estate industry by day. Still, her passion is empowering people to take charge of their financial destiny to have funds for the things that truly matter. She side-stepped the student loan minefield by taking on minimum-wage jobs right after high school. During this time, she developed a love for frugal living, self-education, and planning for the future. Annie eventually earned her B.A. in Communications from Thomas Edison State University, proving that a debt-free education was still possible.

Based in Boston with her supportive husband, Annie also finds solace in learning the piano, a hobby that adds another dimension to her dynamic personality.

Find Annie:

Website: https://www.annieyangfinancial.com/

LinkedIn: https://www.linkedin.com/in/annieyangfinancial/

Tiktok: https://tiktok.com/@annieyangfinancial

Facebook: https://www.facebook.com/annieyangfinancial

Instagram: https://instagram.com/annieyangfinancial/

Twitter: https://twitter.com/ayfinancial

Youtube: https://www.youtube.com/c/AnnieMargaritaYang/featured

Vimeo: https://vimeo.com/annieyangfinancial

Tumblr: https://tumblr.com/annieyangfinancial

Episode highlights:

(0:00) Intro

(0:50) What influenced Annie to write her book

(3:20) How it works

(6:28) Easily apply to 50 jobs

(7:53) What to research about the company

(10:08) What to do during the interview phase

(12:15) Do the methods work for older people?

(14:25) Where to find the book

(16:45) Outro

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Reach Paula at paula@paulachristine.com or through her website, paulachristine.com.