Educational Planning

Not enough people understand their finances. This is just a fact. Too many people enter the working world and have no idea how their 401(k) works, how to properly save money, and some people don’t even know how to write a check. It’s why so many of these same people go through financial strife in their lives.

When you are dealing with your finances you need to understand them. This isn’t something that you can go through life not understanding because those same finances are your livelihood. It’s how you put food on the table, pay for your home, and also set yourself up for your future.

Far too many people retire with no savings or plan for what they are going to do after they retire and that can be prevented. Proper saving, financial choices, and some investment can help set you up for the rest of your life. 

I’m an instructor with Adult Financial Education Services (AFES), specializing in planning and guidance for those who are seeking a better lifestyle and a guaranteed income in retirement. We offer college courses and workshops to further the financial education of our clients, so they will have the knowl­edge and confidence to make financial decisions suited to their goals and objectives.

Retirees and working adults are increasingly responsible for making and understanding sophisticated financial decisions involving investments, diversification, retirement, and money management. Many lack the basic knowledge to assume these responsibilities, placing their financial well-being and retirement lifestyle in jeopardy.

We work with Adult Financial Education Services, a not-for-profit organization that is committed to raising the financial literacy of adults to make suitable financial decisions and understand investment advice received from others.

How to Plan for College Savings

Save for the education of children is indeed a wonderful chance to teach them on financial issues. When your kids grow older, don’t waste the time to explore with them what they want to do in life and the financial consequences of their choices. They may well be interested in a particular occupation or area or have their eyes set on a specific school form. Undoubtedly, your spending choices will shape their priorities, and how much you commit each month. Education savings programs can also be helpful in teaching teens the importance of saving and spending.

As far as financial college preparation goes, financial grants, loans, and part-time work can all be part of the talks. (Tip: many scholarships go untouched, particularly those not specifically based.) Even if a part-time job isn’t really appropriate to offset the costs, it may be very helpful for connecting reasons or for obtaining professional experience

Recalling that tax preparations will be the highest priority, too. Balancing college fund contributions with retirement plans will require some imagination but you can do it with the right strategy.

If you are prepared to start organizing for the schooling of your kids, a reliable, professional financial planner will offer guidance, clarification and confidence to help you see the big picture. In specific, we can help by supplying you with:

  • Simplified personal Financial Management
  • Effective wealth strategy and building portfolios
  • Determining the requirements for retirement funds

Why you should understand your finances

As previously mentioned, far too many people ignore their finances due to just not being able to understand them. This kind of mindset is harmful to your overall financial goals and will eventually come back to hurt you in the end. 

For example, let’s compare two college graduates. Both have graduated from the same university, have the same grades, same background, and are almost mirror images in every way. They even get the same kind of job offer for the same kind of work at different companies.

This company offers a 401(k) program that will even match it at certain financial milestones. The first college graduate accepts the 401(k) program so they can get a head start on their future. The second college graduate decides to forego this 401(k) program so they can pocket the extra money. The problem is they have no plans of what to do with this extra money, how to invest it, save it, or really use it.

As time goes on, the first college graduate is going to be set up better for the future thanks to getting an early start on their 401(k). Did you know that you can transfer your 401(k) between jobs? Did you know that your 401(k) can be transferred into an IRA instead? Did you know that with proper investments your money can make you money?

This is the kind of information I can teach you. I want everyone to have a greater understanding of their finances so they can live more comfortably.


The first step towards preparing for retirement is simply understanding that you need to be preparing for your retirement. How much value you put into that retirement preparation obviously has more weight depending on where you are in life, but it’s never too early to start preparing for it.

The longer you wait to begin your retirement prep the less money you are going to have when you retire. This is because of items such as interest and investment. At Statewide Financial I can teach you how to not only save your money for retirement but how that money you are saving is going to grow even more than you expected.

The way to do this is to start saving early. Whether you are 28, 38, or 48 you should be preparing for your retirement. If you haven’t started yet then it’s not too late.

Not everyone is the same

I am aware that not everyone is going to be in the same financial situation. There are going to be people who can’t put as much into retirement, because they don’t make as much income, or they need to be spending some of that money elsewhere.

However, just because you aren’t making as much as another saver, does not mean you can’t do retirement prep of your own. I can look at your financial situation and teach you how, even if you are only making $40,000 a year for the rest of your career how you can take that money and save it so you too can retire comfortably.

Money Management

Managing your money is hard. We aren’t going to pretend it isn’t. Even when you think you have everything planned out perfectly, life always manages to throw a massive change your way and throw money into chaos. You thought you had perfectly budgeted your meals and then you had to work late one night and didn’t have time to go to the grocery store so your only option was to order out that night. 

The key to money management is to not only have proper budgeting but to be prepared for those curveballs that life is going to throw at you. Going off the beaten path shouldn’t ruin you. It just needs to be planned for. 

Through my financial guidance teaching, I can show you how to not only properly manage your money, but be prepared for life’s challenges. You may also find that through proper money management that you end up with more money than you typically would have. 

Money management helps you find excess expenses you don’t need and either budget them properly or eliminate them entirely. That gym service you haven’t used in two years? Get rid of it. All those work lunches? Now you can budget for just how many times a month you can afford to do that. By the end of it you will hopefully walk away with not only a better understanding of your finances, but maybe a few more dollars in your pocket going towards something more sustainable

Contact Me

Better understand your finances. If you want to take a look at your budget and actually feel like you know what the numbers mean then sit down with me and take my financial education planning class. 

I can teach you how to properly save your money so when it comes time for the retirement you can do so comfortably. If you think you are too young to worry about this then you are wrong. It is never too early to start thinking about your finances.

It is so much easier to secure a financial future if you take the necessary steps early as opposed to later in life. At Statewide Financial we can help you get your finances in order. Give us a call at 561-744-0500 or use our online contact form. 

Don’t mess around with your finances. They are important. Don’t understand why? Contact Statewide Financial and I will tell you.


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