It can be easy to slip into bad habits with your finances, especially with the many distractions and temptations we face everyday.
Learn how to question and say no to overindulging into your savings or bonus to prepare for a successful future.
In this episode, Jose Feliciano and Jeff Feliciano discuss the critical habits to avoid while dealing with your finances. Hear more about how you can take action to plan more responsibly and utilize the resources around you to make more responsible and emotion-free decisions.
Jose and Jeff discusses:
How impactful ignoring your debt can be on your financial situation
How critical it is to have an emergency fund and monitor your priorities to make effective financial decisions
The importance of capitalizing on your 401k if it is accessible
How to work on taking your emotion and fear out of your financial planning
It might be stressful trying to figure out where to start with your financial planning. However, taking no action on your financial planning is an action.
Creating a plan, no matter your goals, is essential for success.
In this episode, Jose Feliciano and Jeff Feliciano discuss the financial habits that will lead you to success. No financial plan is the same, it is important to figure out your interests and goals to be able to build good financial habits.
Jose and Jeff discuss:
How to consider volatility when creating a financial and retirement plan
Building an appropriate investment plan around your personal risk tolerance
The importance of diversifying your portfolio across asset classes to reduce volatility
Why you should remove your emotions from your investment decision-making