Build a Better Financial Future

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

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

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