financial goals – Wealth on the Move

Navigating Life Financially: After Graduation (Episode 20)

By Wealth on the Move | May 15, 2025

Summary: In this episode of Wealth on the Move, hosts Will Hoffman and Brynn Tarbuck discuss the essential financial strategies for recent graduates and young professionals. They cover the importance of understanding one’s financial picture, budgeting effectively using the 50/30/20 rule, and the significance of saving and investing early. The conversation also highlights the necessity of financial protection through insurance and the importance of building healthy financial habits. The hosts encourage listeners to seek financial advice early in their careers and to stay informed about their financial health as they navigate life after graduation.

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Takeaways:

Graduation is an exciting time with many opportunities ahead.
Understanding your financial picture is crucial for success.
Budgeting is essential; consider the 50/30/20 rule.
Compounding interest is a powerful tool for wealth accumulation.
It’s never too early to consult a financial advisor.
Insurance is vital for financial protection.
Healthy financial habits contribute to overall well-being.
Investing early can lead to significant long-term gains.
Stay informed and proactive about your financial health.
The journey to wealth is a marathon, not a sprint.

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Money Matters: Before Marriage (Episode 10)

By Wealth on the Move | January 23, 2025

Summary: In this episode of Wealth on the Move, hosts Will Hoffman and Brynn Tarbuck discuss the critical financial conversations that couples should have before marriage. They explore the importance of transparency about money, the legal implications of marriage, and the necessity of protecting assets through prenuptial agreements and wills. The episode emphasizes the need for life insurance and regular updates to financial documents to ensure that couples are prepared for any eventuality, ultimately aiming to prevent financial issues from jeopardizing their marriage.

Resources:

Takeaways:

Having open conversations about money is essential before marriage.
Understanding financial backgrounds can prevent future conflicts.
A financial inventory should include assets, liabilities, and credit scores.
Setting joint financial goals is crucial for a successful marriage.
Merging some financial accounts can foster transparency and trust.
Prenuptial agreements can protect individual assets and generational wealth.
Legal advice is important for estate planning and asset protection.
Regularly updating wills and beneficiaries is vital after marriage.
Life insurance is a key component of financial planning for couples.
Financial planning should be a collaborative effort between partners.

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