Welcome to Quick IF’s! Think of these as my thought bubbles I have throughout the week. I just had a baby, so my focus is now on planning for new and young families. I understand your challenges much better now and can speak to your needs. Read these nuggets of information and book a call with me if you want to learn more.

Health Savings Account

Open up a Health Savings Account if you can. They have triple tax benefits and can save you a lot of money on your medical expenses throughout your life.

Young family income planning

Young families are hit hard with a lot of responsibilities right away but don’t forget your youth is your best asset. Use your energy to generate multiple streams of income to fulfill your young family’s income needs. Contact me to find creative ways to earn more scalable income generating activities.

Budgeting

Budget! Budget! Budget! It is so easy to click the buy now button on Amazon to acquire stuff that you don’t need. Think further into the future. The more you put aside now, the easier your life will be later. Give your future self a reason to appreciate your past self.

Education Planning

Currently, there is about $1.75 trillion in student loan debt in America.  Start a 529 as soon as you can to prevent being a part of that statistic.

Behavioral finance

When most people start taking their personal finances into consideration, they focus on the how but never the why. Why do you need a budget? Why are you saving for retirement? Why do you need life insurance? Why do you need to work with a financial planner? These may seem like obvious questions, but I rarely meet a client who have given these questions the respect they deserve.

Budgeting

Pay yourself first! When starting a budget, you have to have savings included. Savings for goals, emergency fund, expenses, etc. My favorite way to create these savings is when you get your paycheck you pay taxes, insurance, and yourself. Yourself is your savings that you can’t touch until its designated reason comes due. Learn how to live without that money and you’ve inadvertently created a budget for yourself.

Email me if you have any topics you want me to cover in the Quick IF of the week. Enjoy!

Fiduciary Mission

At Integritas Financial, we are committed to providing fee-only, fiduciary financial planning services that are tailored to the unique needs of young professionals, particularly millennials. Our experienced planners work with you to develop customized financial plans that address key areas such as estate planning, trusts and wills, retirement, workplace benefits, education funding, student debt, and buying a house.

We believe in transparent, client-focused service that puts your financial goals at the center of everything we do. As a fiduciary firm, we are dedicated to acting in your best interests, and we never sell products that charge commissions to clients.

Our goal is to help you achieve a stable and prosperous financial future by providing comprehensive financial planning services that are tailored to your individual needs. Whether you're just starting out in your career or you're already well-established, we can help you navigate the complexities of financial planning and create a roadmap for success.

Ryan@if-money.com