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Welcome to part two of our conversation with Heritage Financial Strategies' Dana Croschere, Today, Adam, Jon, and Dana talk specifically about what Dan's role is as a Financial Coach.

A financial coach does not deal with investments. In fact, Dana herself has been a Heritage client in that regard.  Her focus is on your budget. Her approach is value based spending - figuring out how to prioritize the things that are important to you - whether that's travel, dining out, or whatever "sets your heart on fire."   This will be different for every client, so Dana takes time to get to know you, and what makes you tick.  This is done without judgement of current or past activity, and is designed to get you where you need to be on a month-to-month basis.  She can even be an accountability partner.

Jon shares some real world examples of the power of budgeting - giving out take-out in the month of January, and a fancy trip to Hawaii, all because of budgeting.

If you're interested in talking to Dana, Adam, and the rest of the Heritage Financial Strategies team, you can find us and contact us online here: heritagefinancialaz.com

Dana Croschere is the newest member of the Heritage Financial Strategies team, joining us as a Financial Coach.  And she has an incredible story of how she got here.

In her 20's, Dana had a financial crime committed against her, when a boyfriend bought a boat and trailer in her name and took off. All of a sudden, she was faced with paying off big-ticket items she didn't even possess.  Through tenacity and discipline, she was able to claw her way out of a desperate situation.   Inspired by her own work and experience, she went to Wells Fargo, and climbed the ladder in their Financial Crimes division.

Following some health challenges, she's re-defining herself yet again, and really wants to help people meet their financial goals. She's got the chops and experience, and she knows how to put together a budget, collaboratively, with our clients.  

Dana also explains how she ended up as the protagonist in a documentary, produced by her partner Krisanna, about her journey back.

Resources: 

Love Heals Movie: https://lovehealsfilm.com/

Heritage Financial Website: https://heritagefinancialaz.com/

Heritage Financial Website: https://www.heritagefinancialaz.com/

Many of us put money away into our employer-sponsored retirement plans and forget about it.   However, you may have more control over those investments than you think.   Adam Miller and Shanna Tingom of Heritage Financial Strategies explain how they work with their clients to make sure that their retirement plans and investments are best suited to their individual needs.

Heritage Financial Website: https://www.heritagefinancialaz.com/

Hayden Gerwein from Howard Capital Management is back today, joining Shanna Tingom and Adam Miller from Heritage Financial.  And we are discussing Pooled Employer Plans - a way for small business owners to pool resources to offer retirement benefits to their employees.

(Disclosure: The Heritage Financial Strategies Team will be using a PEP from Howard Capital for their employees beginning January 1, 2022.)

Hayden explains how these Pooled Employer Plans work, and Shanna explains why, in the wake of the SECURE Act, this was the right time to implement it for her employees.

We go through the flexibility of these plans, including what small business owners control when putting together options for their employees, and why they can be advantageous in terms of the financial cost as well as time invested.

Heritage Financial Website: https://www.heritagefinancialaz.com/

Today, Shanna Tingom is rejoined by Hayden Gerwien of Howard Capital Management.  Did you know that you may have more control of your work retirement plan than you realize, including 401k, 403b, and 457 plans?

A self directed brokerage account, or SDBA, allows you to utilize a third party money manager.  About 40% of employers allow this in their retirement plans, including some large companies in the area, including ASU, U of A, and Intel.

If you don't have this option through your employer plan, there are other tools offered by Heritage Financial and Howard Capital Management. 

The 401K Optimizer Plan is an overlay tool that will look at the options available to you in your retirement account, recommend an initial investment, and provide ongoing advice as well.

Howard's Guided Retirement Plan takes the pressure off of the investor and actively manages your portfolio.

For more information about any of these services, Howard Capital Management and Heritage Financial work together, and you can contact Shanna at https://www.heritagefinancialaz.com/