The New Nomad

Tips from the Founder of the Global Financial Planning Institute with Ashley Murphy | TNN74


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Being a digital nomad means having the freedom to pursue a career without being tied down to a desk. Digital nomads include freelancers, independent contractors, and employees who prefer remote work to an office cubicle. When you're living on the road full-time or close to it, there are some important financial considerations to weigh in the balance. Keeping your finances under control as a digital nomad may seem daunting. However, taking the time to manage your money well is definitely worth the effort. 


Ashley Murphy, the founder of Arete Wealth Strategists Australia, joins Allen Koski in another gold-nugget-filled episode of the New Nomad as they talked about finances and how important it is for us, travelers or not, to understand our finances and how to make it grow. They also discussed the difference between countries when it comes to taxes. There isn’t a single blueprint for creating a financial budget or plan ahead of your trip, tune in to this week’s episode and prepare to gather tips and tricks from our seasoned nomads.


[4:17] Education for sale

[8:44] Taxes are a small price to pay in a civilized world

[13:22] The complexities of financial planning

[15:45] Suitability versus fiduciary

[22:33] How the United States is unique when it comes to taxes

[26:37] Talk to the experts: Financial Advisers



GUEST BIO:

​Ashley Murphy, GFP (USA) CFP® AIF®, is a tri-citizen of the USA, Australia, and the UK. Ashley is the founder and Principal of Arete Wealth Strategists Australia, a fee-only financial planning and investment management firm for Australian/American expatriates in the United States and Australia. ​From 2014 - 2017, Ashley taught in the CFP programs at UC Berkeley Extension and Golden Gate University. He served as a Knowledge Circle host for the Financial Planning Association's International and Cross-Border Knowledge Circle (2017 - 2019) and is a regular conference speaker. He holds a Graduate Diploma in Financial Planning in Australia making him one of the few financial advisors qualified in multiple countries. Ashley has been quoted in the Wall Street Journal and profiled in Financial Advisor Magazine.​


Ashley lives with his wife Eliza, and daughters Elise & Jasmine in Minneapolis, MN. He enjoys cycling, reading, and world travel. He is a futurist interested in architecture, renewable energy, and demographics.


LINKS:

Arete Wealth Strategists website: https://www.arete-wa.com/

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

Global Financing Institute: https://www.gfp.institute/



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The New NomadBy Allen Koski & Chris Nam | Insured Nomads

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