MYM #35 Tyler Olsen – Financial Plans for a Monetized Mindset

On this episode Tyler Olsen talks about the ins and outs of financial planning. He gives us a few things to think about. He shares things to watch out for. Plus things we should know about IRA’s.

We talked about how he and I both graduated in and counting and don’t like counting other peoples money.

Fun episode full of great information!

Enjoy!

 

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Show Notes and Key Takeaways

  • Monetize Your Mindset turn your expensive habits into an asset or at least a less expensive habit!
  • Start early saving, even if it is just a little bit, for retirement and you will be prepared when the time comes! You can’t go back in time.
  • Sit down with a licensed adviser so that your financial plans custom to your situation.
  • An emergency fund is the equivalent of three to six months of your living expenses.
  • For those who are self-employed consider a SEP IRA.
  • There are a couple of hats in the investment world that an advisor can have that you need to be aware of “Registered Representative” and “Fiduciary”. Ask which they are!