Concurrent Financial Planning

🌟 Meet The Team Behind Your Financial Success! 🌟 • Dr. Preston D. Cherry, AFC®, CFT-I™, CFP® Founder and CEO • Dr. Eiman Osseilan, Ph.D.: Chief Coaching Advisor • Dr. Philip Gibson Ph.D., CFP®: Chief Compliance Officer • Dr. Mark Evers, Ph.D., CFP®, CRPC®: Chief Planning Officer • Dr. Ajamu Loving, PhD, CFP®: Chief Investment Officer 🚀 Don't miss out on our big news: our website is back and better! Head over to concurrentfp.com and see how we can help you align your finances with your personal goals. Don't wait—visit concurrentfp.com and take charge of your financial future today! 💼✨

🌟 Big News! 🌟 No matter where you are in your financial journey, we’re here to create your custom roadmap to financial success. 🚀 Our website has relaunched! Visit concurrentfp.com and find out how you can align your finances with your personal goals. What's new? ✅ Seamless navigation ✅ Quick and easy scheduling ✅ Transparent fees ✅ Instant access to newsletters and podcasts ✅ More insightful blogs and actionable tips Don’t miss out—go to concurrentfp.com and take charge of your financial future today! 💼✨

Setting financial boundaries is key to safeguarding your emotional health and well-being. Think of them as a protective moat around your finances, keeping obstacles at bay and helping you stay aligned with your goals. 💪💰 What rules have you set to maintain your financial and emotional health? Want to learn more? Check out the latest Life Money Balance podcast episode! Watch here 👉🏾 https://lnkd.in/gTC467Dn #financialplanning #financialboundaries #savings

While life always carries some uncertainties, establishing clear financial limits helps us better understand our situation and make informed decisions about what we can or cannot do. How much control do you feel you have over your finances? Want to learn more? Check out the latest Life Money Balance podcast episode! Watch here 👉🏾 https://lnkd.in/gTC467Dn #financialplanning #financialboundaries #savings

Just as airplane safety instructions advise you to secure your own oxygen mask before assisting others, financial boundaries prioritize your self-care. 🛡 They act as a protective shield for your emotional health, safeguarding you from stress and regret associated with poor financial decisions. Here are 5 tips for setting effective financial boundaries: ✅ Understand Your Financial Limits Take time to thoroughly evaluate your financial situation. Knowing exactly what you can afford to give, lend, or spend without compromising your own needs is crucial. ✅ Prioritize Self-Care Your well-being should always come first. Prioritize self-care by ensuring your own financial security before assisting others. ✅ Communicate Boundaries Clearly and Learn to Say No Learning to say no compassionately is essential. It’s okay to decline requests that could jeopardize your financial health or lead to enabling irresponsible behavior. ✅ Direct Support Rather Than Cash When helping someone, consider paying directly for their specific needs rather than giving cash. This approach minimizes the risk of wasteful spending and ensures your support is used effectively. ✅ Use Written Agreements for Loans If you decide to lend money, especially to family or friends, always use a written agreement detailing repayment terms. This practice ensures clarity and protects relationships by setting clear expectations and reducing the risk of conflict or misunderstanding. Start taking control of your financial future today by establishing clear financial boundaries! Which financial boundary has been the most beneficial for your emotional well-being? Tell us your story! Want to learn more? Check out the latest Life Money Balance podcast episode. Watch here 👉🏾 https://lnkd.in/gTC467Dn #financialplanning #financialboundaries #savings

🌊 Just like riverbanks guide the flow of a river, having clear financial boundaries can steer your money in the right direction! 💸 Here’s why setting financial boundaries is essential: 🔹 Direction: Clearly defined financial goals and limits help keep your financial journey on track. 🔹 Control: With boundaries in place, you can manage expenditures, investments, and savings more effectively. 🔹 Clarity: A structured financial framework eliminates ambiguity, making decision-making easier and more focused. Do you think financial boundaries are necessary for effective money management? Why or why not? Learn more on the latest Life Money Balance podcast episode. Watch here 👉🏾 https://lnkd.in/gTC467Dn #financialplanning #financialboundaries #savings

Retirement planning isn’t one-size-fits-all. What’s “enough” for one person might be different for another, depending on unique lifestyles and retirement goals. When mapping out your financial future, consider these crucial questions: 🔹 What kind of lifestyle do you envision for your retirement? 🔹 At what age do you plan to retire? By giving your money specific purposes, you create accountability and stay motivated to achieve your dreams! 💪✨ Learn more on the latest Life Money Balance podcast episode. Watch here 👉🏾 https://lnkd.in/gfT_A8gj #retirement #financialplanning #lifemoneybalance #savings

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Now is the perfect time to boost your financial future! Whether you’re on track or catching up, make the most of your peak earning years. What’s one financial habit you can change this month to save more? 💰✨ Learn more on the latest Life Money Balance podcast episode. Watch here 👉🏾 https://lnkd.in/gfT_A8gj #401k #Savings #SmartInvesting

It’s never too early to start planning for retirement. Here’s how you can make the most of your 401(k) and set yourself up for a bright financial future. 1. Claim Your Free Money: Don’t leave cash on the table! Max out your employer’s 401(k) match—it’s like getting a bonus for saving. Review your plan and adjust your contributions today. 2. Spread the Wealth: Diversify beyond your 401(k) to IRAs, Roth IRAs, real estate, and permanent life insurance. It’s like having a safety net and a trampoline for your money! 3. Master the Tax Game: 401(k) contributions cut your taxes now and grow tax-deferred. But remember, withdrawals are taxed, and early ones can cost you. Plan smart to keep more of your money. 4. Unlock the Backdoor Roth IRA: High income? No problem. Use the backdoor Roth IRA trick—contribute to a traditional IRA, then roll it to a Roth IRA for tax-free growth. It’s a loophole worth exploring. 5. Invest in Your Dreams: Your money should work for your life goals, whether that’s retiring early, seeing the world, or creating a legacy. Make sure your financial strategy reflects what you truly want. Take control of your 401(k) and start building a secure financial future. Your retirement dreams are closer than you think! Learn more on the latest Life Money Balance podcast episode. Watch here 👉🏾 https://lnkd.in/gfT_A8gj #401k #Savings #Retirement