>>>MONEY CAN BE ARE A STRESSFUL TOPIC FOR WOMEN. IF YOU OWN A CAR OR HOME YOU CAN AND SHOULD HAVE A FINANCIAL PLAN, AND MELISSA IS JOINING ME WITH MORE. AND GOOD MORNING. CAN’T EMPHASIZE HOW IMPORTANT THIS IS FOR WOMEN.>>MY BACKGROUND IS IN FINANCE AND ACCOUNTING, AND SOMEONE SUGGESTED I STARTED MEETING WITH CLIENTS, AND A MARRIAGE OF TWO THINGS I LOVE. SO HERE I AM 20 YEARS LATER AND DOING THAT AND WORKING WITH DIFFERENT TYPES OF CLIENTS AND EMPOWER THEM TO TAKE CONTROL AND WORKING WITH FAMILIES AND HELPING THEM SETUP A FINANCIAL FOUNDATION.>>WHAT IS FINANCIAL PLAN AND WHO IS IT FOR?>>IT IS A STRATEGY FOR MANAGING YOUR ASSETS AND ACCOMPLISHING YOUR GOALS AND FOR EVERYONE NOT JUST FOR THE ULTRA-WELLALTHY, AND LIFE CHANGES, PLANS CHANGE. CHILDREN ARE BORN, PARENTS AGE, AND HAVING THAT PLAN IN PLACE GIVES YOU COMFORT.>>YOU TALK ABOUT BEING A QUARTERBACK?>>LIKE A QUARTERBACK TALKS TO EVERY TEAM MEMBER AND SCORING TO WIN THE GAME. I LIKE TO TAKE ON THAT FOR MY CLIENT. SO THAT WHEN AN UNEXPECTED EVENT HAPPENS LIKE A SUDDEN DEATH OF A SPOUSE OR JOB CHANGE THEY CAN CALL ME AND I CAN TAKE OF THE CHAIN IMPACTED.>>IT IS IMPORTANT TO HAVE SOMEONE LIKE A QUARTERBACK WHO UNDERSTANDS THE COMPONENTS.>>SO FOR WOMEN WHO ARE NOT INVESTING WHAT ARE THE FIRST STEPS TO TAKE AND MAJOR MISTAKES.>>RIGHT, SO FIRST I WOULD SAY BE PREPARED AND MAKE YOUR SELF KNOWLEDGEABLE, AND EDUCATE YOURSELF, AND BE PARTNERED WITH A TRUSTED ADVISOR. YOU HAVE SHARE A LOT OF FINANCIAL AND PERSONAL INFORMATION. THE THIRD IS TO HAVE LONG TERM GOALS, AND BE SURE THAT YOU TALK TO YOUR ADVISOR ABOUT HOW INVESTING CAN HELP YOU ACCOMPLISH THOSE GOALS AND IT SOUNDS LIKE A SCARY THING BUT WORKING WITH YOUR ADVISOR TO UNDERSTAND HOW THE HELP OZ ACCOMPLISH YOUR GOALS. I MEET WITH YOUR ADVISOR ANNUALLY, AND THAT GOES INTO THE BIGGEST MISTAKE. WHEN YOU WORK TO PUT TOGETHER THE PLAN REVISIT IT ANNUALLY. AND FOR THE YOUNGER VIEWERS NOT STARTING EARLY. IN YOUR 20S WHEN YOU GO TO SCHOOL AND DON’T THINK –>>THAT IS THE TIME TO START.>>THAT’S RIGHT. COMPANIES OFFER A MATCH AND THAT IS FREE MONEY AND THE COMPOUNDING OVER TIME MAKES A BIG DIFFERENCE.>>FOOD AND FASHION AND ALL KINDS OF FUN. BUT WITHOUT THIS IT IS NOT POSSIBLE.>>MELISSA CAN HELP WITH YOUR FINANCIAL PLAN.