Category: Health

How to Win Scholarships & Pay for College Without Student Loans with Dave Peterson (Episode 29)

How to Win Scholarships & Pay for College Without Student Loans with Dave Peterson (Episode 29)

Summary: In this episode of Wealth on the Move, host Will Hoffman discusses the challenges of funding college education with expert Dave Peterson. They explore the vast opportunities available through scholarships, the misconceptions surrounding them, and the importance of starting the scholarship search early. Peterson shares insights on different types of scholarships, the scholarship application process, and how to build a compelling personal narrative. The conversation emphasizes the need for parents and students to be proactive in seeking financial aid to alleviate the burden of student loans and ensure a successful educational journey.

Resources:

Takeaways:

  • There is a significant amount of scholarship money available, much of which goes unclaimed.
  • Scholarships are not just for seniors; opportunities exist for younger students as well.
  • A strong personal narrative is crucial for winning scholarships.
  • Students should start applying for scholarships as early as possible.
  • Many scholarships do not require high GPAs or test scores.
  • Building a personal narrative involves academics, extracurriculars, volunteering, and work experience.
  • Avoid applying for illegitimate scholarships that ask for sensitive information.
  • The scholarship application process requires attention to detail and following instructions.
  • Students can earn scholarships even after high school graduation.
  • Utilizing resources like Scholarship GPS can help streamline the scholarship search process.

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Dave Peterson and Scholarship GPS not affiliated with Hoffman Wealth Management and Private Advisor Group. This presentation is not intended as specific financial advice for any individual.
Healthy Wealthy Longevity: A New Prospective with Jon Sabes (Episode 28)

Healthy Wealthy Longevity: A New Prospective with Jon Sabes (Episode 28)

Summary: In this episode of Wealth on the Move, host Will Hoffman engages with John Sabes, author of ‘Healthy Wealthy Longevity.’ They discuss the critical importance of longevity as a financial risk, the role of self-care and health in financial planning, and the impact of lifestyle choices on longevity. John shares insights on epigenetics and how our lifestyle influences gene expression, emphasizing the need for individuals to invest in their health to ensure a vibrant life as they age. The conversation also touches on the future of health and wealth innovation, and the importance of planning for uncertainty in life expectancy.

Resources:

Takeaways:

  • Longevity is a significant risk to retirement portfolios.
  • Self-care and health are crucial for a fulfilling life.
  • Investing in yourself is the best financial decision.
  • Lifestyle choices greatly influence longevity and health.
  • Epigenetics shows that our lifestyle affects gene expression.
  • Planning for retirement must consider the unpredictability of life expectancy.
  • The worst outcome in aging is to be alone and poor.
  • Financial advisors should focus on holistic well-being, not just investments.
  • Maintaining muscle mass is vital for health span and longevity.
  • Living with purpose and connection enhances overall longevity.

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John Sabes and Longevity Financial Partners are not affiliated with Hoffman Wealth Management and Private Advisor Group. This presentation is not intended as specific financial advice for any individual.
The NIL Revolution: Transforming College Sports with Kristi Dosh (Episode 27)

The NIL Revolution: Transforming College Sports with Kristi Dosh (Episode 27)

Summary: In this episode of Wealth on the Move, host Will Hoffman and NIL expert Kristi Dosh delve into the transformative landscape of Name, Image, and Likeness (NIL) in college sports. They discuss the evolution of NIL rules, the financial implications for student-athletes, and the importance of building a personal brand through social media. Kristi shares insights on navigating contracts, the role of agents, and the tax responsibilities that come with NIL deals. The conversation also highlights the future of NIL, including market inefficiencies and undervalued opportunities for athletes.

Resources:

Takeaways:

  • NIL has revolutionized the financial landscape for college athletes.
  • The rules around NIL have changed significantly since July 2021.
  • Athletes must navigate a complex and evolving NIL environment.
  • Written contracts are essential for NIL deals to avoid misunderstandings.
  • Many athletes may not need agents but should consider hiring attorneys.
  • Tax implications are a crucial aspect of NIL earnings for athletes.
  • Social media presence is vital for building a personal brand.
  • Athletes should diversify their content beyond just their sport.
  • NIL opportunities can extend into coaching and clinics for athletes.
  • The future of NIL may see more states allowing high school athletes to participate

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Kristi Dosh and Business of College Sports are not affiliated with Hoffman Wealth Management and Private Advisor Group. Hoffman Wealth Management and Private Advisor Group do not provide tax or legal advice. This presentation is not intended as specific financial,  tax or legal advice for any individual. Please consult with qualified professionals for these types of advice.
Fitness & Finance: How Discipline Builds Wealth and Wellness with Stan Vaccari (Episode 24)

Fitness & Finance: How Discipline Builds Wealth and Wellness with Stan Vaccari (Episode 24)

Summary: In this episode of Wealth on the Move, host Will Hoffman sits down with fitness expert Stan Vaccari to explore the deep parallels between physical fitness and financial wellness. Together, they discuss how both pursuits demand discipline, accountability, and a long-term strategic mindset. Vaccari draws from his experience in health coaching to emphasize the value of online coaching, the importance of tracking progress, and the common hurdles faced when starting new fitness or financial goals. The conversation touches on the underrated power of walking, post-workout nutrition strategies, and the lifelong benefits of investing in oneself. Reflecting on personal choices and growth, Will and Stan also delve into how historical perspectives shape current trends — including the evolving role of AI in our lives. Like training for a marathon or building wealth, success is best achieved with patience, consistency, and purpose.

Resources:

Takeaways:

  • Fitness and finance are interconnected and influence each other.
  • Online coaching can provide better accountability and results than in-person training.
  • Discipline in training leads to improvements in other areas of life.
  • Starting points in fitness and finance are often the most challenging.
  • Setting clear goals and engineering a plan is crucial for success.
  • Slow and steady progress is more sustainable than quick fixes.
  • Accountability is key to maintaining fitness and financial goals.
  • Boring routines can lead to significant results over time.
  • Measuring progress is essential in both fitness and finance.
  • You don’t need expensive gadgets to track your fitness effectively.
  • Walking is a powerful fitness habit that can significantly reduce health risks.
  • Post-workout nutrition can be unconventional yet effective.
  • Investing in personal development is crucial for long-term success.
  • Life choices, such as education paths, can shape future opportunities.
  • Understanding and utilizing AI is essential for future success.

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