As a photographer or any kind of entrepreneur, it's really important to have someone on your team to help you build wealth and plan for the future. That's why I have my own personal financial advisor, Derek Kilgore. Derek is a wealth management advisor and growth and development director with Northwestern Mutual. He has been working with business owners for the past 8 years, so he understands many of the challenges entrepreneurs face.

During this episode, we talk about everything you need to know when it comes to financial planning and building wealth, including the first steps to creating a financial plan, how to balance saving for the future, which retirement accounts entrepreneurs should have, and more!

This episode is truly going to give you a financial planning 101 kind of feel. And if you decide that you want to prioritize planning for the future when it comes to finances in 2025, Derek is truly the best of the best!

In this episode, we cover:

• The first step in financial planning
• Where to start with investments
• How to pay yourself, especially when expenses are higher
• Recommendations for retirement accounts
• How much should we be saving toward retirement?
• Should contributions toward retirement accounts come out of our business or personal accounts?
• How to start working with Derek
• Derek's 3 final tips

SHOW NOTES: https://clairehunt.co/blog/financial-planning-to-build-wealth-as-a-photographer/

Connect with Derek:

Derek's Website

Derek's Email

Derek's Phone: 303-579-7341

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