Hi! This is Rob, founder of Blue Dot Wealth Management.
I enjoy educating, so through a series of videos we’re going to discuss what it takesto build a good foundation for your financial future. Some of you may remember Mazlov’s Heirarchy of Needs from school. I love using this example to illustrate how to prioritize the steps for sound financial I’m a lot more relaxed. I come up here and any issues that I have to deal with at work are just gone…. planning. The bottom of the pyramid allows people and families to establish a foundation. I refer to this section as Risk Management. We want to put things in place that help protect our family from unforeseen risks, like theloss of a job, needing to repair big ticket home items, accidents, or the loss of a lovedone.
Those elements should include, but are not limited to, Savings, Life Insurance, LongTerm Care Insurance, Health, and Disability Insurance. The next level is what we call the tax deduction bracket, which will include, however not limited Hi! My name is Anneka on behalf of expertvillage.com, and in this clip I will be showing you how to use a… to IRA/ ROTH IRA, 401K, College plans like529 plans, your house. Then at the top we have everything cool! I want everyone to fill the top part of their top financial pyramid with the things thatare important or will improve my clients quality of life. Of course anything steady starts with a sturdy foundation. So we’ll first be talking about Risk Management.