Plan Wisely with Erik Garcia https://www.plan-wisely.com/ en 2020 Money is an important part of people's lives. It impacts everything that we do. It's our financial behaviors, how we spend, how we save, how we invest, that's ultimately going to determine our success. Erik Garcia believes in educating and empowering people to make the right decisions for their future. Co-hosted by "JAG," former afternoon host and Program Director of New Orleans radio station Voodoo 104. https://megaphone.imgix.net/podcasts/284ae61c-3bee-11eb-8cfb-4bffbe04a438/image/erik-new-1600x1600.jpg?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress Plan Wisely with Erik Garcia https://www.plan-wisely.com/ no episodic Erik Garcia Money is an important part of people's lives. It impacts everything that we do. It's our financial behaviors, how we spend, how we save, how we invest, that's ultimately going to determine our success. Erik Garcia believes in educating and empowering people to make the right decisions for their future. Co-hosted by "JAG," former afternoon host and Program Director of New Orleans radio station Voodoo 104. Money is an important part of people's lives. It impacts everything that we do. It's our financial behaviors, how we spend, how we save, how we invest, that's ultimately going to determine our success. Erik Garcia believes in educating and empowering people to make the right decisions for their future. Co-hosted by "JAG," former afternoon host and Program Director of New Orleans radio station Voodoo 104.

]]> Garcia Financial Group LLC support@wegotyourpodcast.com https://feeds.megaphone.fm/planwisely Do you want to be the Next Millionaire Next Door? with Sarah Stanley Fallaw https://planwiselywitherikgarcia.simplecast.com/episodes/do-you-want-to-be-the-next-millionaire-next-door-with-dr-sarah-fallaw-hZyTfh9J In today’s episode of Plan Wisely Podcast, host Erik Garcia interviews Sarah Stanley Fallaw, Psychologist, Researcher and the Founder and President of DataPoints, the company that created the world's first financial psychology toolkit. Sarah is also the co-author of the best-selling book, “The Millionaire Next Door.” Erik and Sarah discuss the portrait of a millionaire and finding your path to wealth and financial independence.   Episode Highlights: What led Sarah to write and publish the book The Millionaire Next Door? (00:44) What’s the portrait of the millionaire? What does the millionaire look like? (03:00) How well are you managing your financial life? (06:04) Skills, abilities, and competencies required to become financially independent (08:44) Finding your path to wealth and financial independence? (10:01) Who is The Next Door Millionaire? (13:41) Age as a predictor of net worth (16:13) The first generation of millionaires (18:42) Behavioral characteristics of people who have financial success (20:13) Behavioral characteristics that lead to wealth building (22:58) Why do we buy what we do not need? (26:55) The importance of budgeting when it comes to wealth creation (28:18) The correlation between high income and high net worth (30:39) The role of discipline in wealth building (31:31) What is social indifference, and how does it predict net worth? (36:20) 3 Key Points If you think about managing your financial life as a job, you can always ask yourself what you need to do the job better. A high income does not necessarily mean high net worth. Discipline is mandatory when it comes to financial success. Key Quotes: “You have to work hard for things and don't expect to walk out of college or some kind of training program that you may have been in and all of a sudden things are going to be fine.” - Sarah Fallaw “It's very important to ensure that you're being smart about the things that you use, including your money and part of that does have to do with discipline.” - Sarah Fallaw “Those who can really spend in a way that's conducive to their own goals and ignores the consumption behaviors of their neighbors and friends, tend to build wealth better than those that are heavily Influenced by how everybody else drives, buys and wears things.” - Sarah Fallaw Resources: Sarah Fallaw LinkedIn Plan Wisely FINRA Data Points The Millionaire Next Door   Erik's Website: https://www.plan-wisely.com/ Erik's YouTube Page: https://www.youtube.com/channel/UCjD-ImfJlSItr5b3zUwKLVA/about?disable_polymer=1 Email Erik: Erik@plan-wisely.com Call Erik's Office at 504-218-5479 Wed, 03 Jun 2020 09:00:10 -0000 Do you want to be the Next Millionaire Next Door? with Sarah Stanley Fallaw full 10 Erik Garcia In today’s episode of Plan Wisely Podcast, host Erik Garcia interviews Sarah Stanley Fallaw, Psychologist, Researcher and the Founder and President of DataPoints, the company that created the world's first financial psychology toolkit. Sarah is also the co-author of the best-selling book, “The Millionaire Next Door.” Erik and Sarah discuss the portrait of a millionaire and finding your path to wealth and financial independence.   Episode Highlights: What led Sarah to write and publish the book The Millionaire Next Door? (00:44) What’s the portrait of the millionaire? What does the millionaire look like? (03:00) How well are you managing your financial life? (06:04) Skills, abilities, and competencies required to become financially independent (08:44) Finding your path to wealth and financial independence? (10:01) Who is The Next Door Millionaire? (13:41) Age as a predictor of net worth (16:13) The first generation of millionaires (18:42) Behavioral characteristics of people who have financial success (20:13) Behavioral characteristics that lead to wealth building (22:58) Why do we buy what we do not need? (26:55) The importance of budgeting when it comes to wealth creation (28:18) The correlation between high income and high net worth (30:39) The role of discipline in wealth building (31:31) What is social indifference, and how does it predict net worth? (36:20) 3 Key Points If you think about managing your financial life as a job, you can always ask yourself what you need to do the job better. A high income does not necessarily mean high net worth. Discipline is mandatory when it comes to financial success. Key Quotes: “You have to work hard for things and don't expect to walk out of college or some kind of training program that you may have been in and all of a sudden things are going to be fine.” - Sarah Fallaw “It's very important to ensure that you're being smart about the things that you use, including your money and part of that does have to do with discipline.” - Sarah Fallaw “Those who can really spend in a way that's conducive to their own goals and ignores the consumption behaviors of their neighbors and friends, tend to build wealth better than those that are heavily Influenced by how everybody else drives, buys and wears things.” - Sarah Fallaw Resources: Sarah Fallaw LinkedIn Plan Wisely FINRA Data Points The Millionaire Next Door   Erik's Website: https://www.plan-wisely.com/ Erik's YouTube Page: https://www.youtube.com/channel/UCjD-ImfJlSItr5b3zUwKLVA/about?disable_polymer=1 Email Erik: Erik@plan-wisely.com Call Erik's Office at 504-218-5479 In today’s episode of Plan Wisely Podcast, host Erik Garcia interviews Sarah Stanley Fallaw, Psychologist, Researcher and the Founder and President of DataPoints, the company that created the world's first financial psychology toolkit. Sarah is also the co-author of the best-selling book, “The Millionaire Next Door.” Erik and Sarah discuss the portrait of a millionaire and finding your path to wealth and financial independence.  

Episode Highlights:

  • What led Sarah to write and publish the book The Millionaire Next Door? (00:44)
  • What’s the portrait of the millionaire? What does the millionaire look like? (03:00)
  • How well are you managing your financial life? (06:04)
  • Skills, abilities, and competencies required to become financially independent (08:44)
  • Finding your path to wealth and financial independence? (10:01)
  • Who is The Next Door Millionaire? (13:41)
  • Age as a predictor of net worth (16:13)
  • The first generation of millionaires (18:42)
  • Behavioral characteristics of people who have financial success (20:13)
  • Behavioral characteristics that lead to wealth building (22:58)
  • Why do we buy what we do not need? (26:55)
  • The importance of budgeting when it comes to wealth creation (28:18)
  • The correlation between high income and high net worth (30:39)
  • The role of discipline in wealth building (31:31)
  • What is social indifference, and how does it predict net worth? (36:20)

3 Key Points

  1. If you think about managing your financial life as a job, you can always ask yourself what you need to do the job better.
  2. A high income does not necessarily mean high net worth.
  3. Discipline is mandatory when it comes to financial success.

Key Quotes:

  1. “You have to work hard for things and don't expect to walk out of college or some kind of training program that you may have been in and all of a sudden things are going to be fine.” - Sarah Fallaw
  2. “It's very important to ensure that you're being smart about the things that you use, including your money and part of that does have to do with discipline.” - Sarah Fallaw
  3. “Those who can really spend in a way that's conducive to their own goals and ignores the consumption behaviors of their neighbors and friends, tend to build wealth better than those that are heavily Influenced by how everybody else drives, buys and wears things.” - Sarah Fallaw

Resources:

Sarah Fallaw LinkedIn

Plan Wisely

FINRA

Data Points

The Millionaire Next Door

 

Erik's Website: https://www.plan-wisely.com/

Erik's YouTube Page: https://www.youtube.com/channel/UCjD-ImfJlSItr5b3zUwKLVA/about?disable_polymer=1

Email Erik: Erik@plan-wisely.com

Call Erik's Office at 504-218-5479

]]> 2725 no 4 Reasons I Disagree With Dave Ramsey https://planwiselywitherikgarcia.simplecast.com/episodes/4-reasons-i-disagree-with-dave-ramsey-Cg_R4QRZ Dave Ramsey is one of the biggest names when it comes to personal finance, and a lot of his advice is very good.  But there are 4 of his philosophies that Erik Garcia takes issue with.  They are: Looking for a 12% annual return on your investments Planning for an 8% withdrawal rate in retirement Promoting Only Mutual Funds Asset Allocation Erik breaks down each of these ideas, and where he disagrees with Dave's theories on them.  At the end of the day, personal finance should be personal, not mass marketed to thousands. Resources: Erik's Website: https://www.plan-wisely.com/ Erik's YouTube Page: https://www.youtube.com/channel/UCjD-ImfJlSItr5b3zUwKLVA/about?disable_polymer=1 Email Erik: Erik@plan-wisely.com Call Erik's Office at 504-218-5479 Wed, 27 May 2020 16:32:25 -0000 4 Reasons I Disagree With Dave Ramsey full 9 Erik Garcia Dave Ramsey is one of the biggest names when it comes to personal finance, and a lot of his advice is very good.  But there are 4 of his philosophies that Erik Garcia takes issue with.  They are: Looking for a 12% annual return on your investments Planning for an 8% withdrawal rate in retirement Promoting Only Mutual Funds Asset Allocation Erik breaks down each of these ideas, and where he disagrees with Dave's theories on them.  At the end of the day, personal finance should be personal, not mass marketed to thousands. Resources: Erik's Website: https://www.plan-wisely.com/ Erik's YouTube Page: https://www.youtube.com/channel/UCjD-ImfJlSItr5b3zUwKLVA/about?disable_polymer=1 Email Erik: Erik@plan-wisely.com Call Erik's Office at 504-218-5479 Dave Ramsey is one of the biggest names when it comes to personal finance, and a lot of his advice is very good.  But there are 4 of his philosophies that Erik Garcia takes issue with.  They are:

  • Looking for a 12% annual return on your investments
  • Planning for an 8% withdrawal rate in retirement
  • Promoting Only Mutual Funds
  • Asset Allocation

Erik breaks down each of these ideas, and where he disagrees with Dave's theories on them.  At the end of the day, personal finance should be personal, not mass marketed to thousands.

Resources:

Erik's Website: https://www.plan-wisely.com/

Erik's YouTube Page: https://www.youtube.com/channel/UCjD-ImfJlSItr5b3zUwKLVA/about?disable_polymer=1

Email Erik: Erik@plan-wisely.com

Call Erik's Office at 504-218-5479

]]> 1673 no I Can't Afford My Wife - A Tribute To Moms https://planwiselywitherikgarcia.simplecast.com/episodes/i-cant-afford-my-wife-a-tribute-to-moms-sRTfB7Mk Salary.com tracks real-time market prices of all the jobs moms perform.  Stay-at-home or not, moms are way undervalued and to often underappreciated. In light of COVID and quarantine, moms are being asked to do even more.  Happy Mother's Day!  Resources Mentions:  👉  Plan Wisely YouTube Channel 👉 Mr. T - Treat your mother right  👉 How Much Is a Mother Really Worth?  👉 Dr. Matt’s Website https://www.drmattmorris.com/  👉 Erik’s Website https://www.plan-wisely.com Sat, 09 May 2020 12:28:05 -0000 I Can't Afford My Wife - A Tribute To Moms bonus Erik Garcia According to Salary.com a stay-at-home mother's annual salary in 2019 is valued at $178,201! Listen in as Matt and Erik pay tribute and celebrate moms everywhere. Salary.com tracks real-time market prices of all the jobs moms perform.  Stay-at-home or not, moms are way undervalued and to often underappreciated. In light of COVID and quarantine, moms are being asked to do even more.  Happy Mother's Day!  Resources Mentions:  👉  Plan Wisely YouTube Channel 👉 Mr. T - Treat your mother right  👉 How Much Is a Mother Really Worth?  👉 Dr. Matt’s Website https://www.drmattmorris.com/  👉 Erik’s Website https://www.plan-wisely.com Salary.com tracks real-time market prices of all the jobs moms perform. 

Stay-at-home or not, moms are way undervalued and to often underappreciated. In light of COVID and quarantine, moms are being asked to do even more.  Happy Mother's Day! 

Resources Mentions: 

👉  Plan Wisely YouTube Channel

👉 Mr. T - Treat your mother right 

👉 How Much Is a Mother Really Worth? 

👉 Dr. Matt’s Website https://www.drmattmorris.com/ 

👉 Erik’s Website https://www.plan-wisely.com

]]> 1000 no Planning Opportunities as a Result of COVID-19 https://planwiselywitherikgarcia.simplecast.com/episodes/planning-opportunities-as-a-result-of-covid-19-iZi65Yea The news is exhausting - markets up and down, press conferences, statistics and more.   Today, Erik Garcia and Jag have a simple, easy-to-understand conversation around the financial opportunities that may exist for you during the pandemic. After a quick explanation on AGI, we take a look at the tax rebate - those checks that are coming to us from the government soon (if you haven't received yours already). If you're still working, and still have a steady income, this could be a real opportunity to pay down debt or sock that cash away in savings. We also look at other aspects of the CARES Act, including: Student Loan Relief New Charitable Deduction for those taking the standard deduction on their taxes New Charitable Deduction rules for those taking itemized deductions - now up to 100% of your AGI! Waiving of RMD's in 2020 Next, we examine the relaxing of restrictions on taking money out of retirement accounts - and why, as a financial advisor, this makes Erik really nervous. Other financial opportunities available right now for individuals: Mortgage Refinancing In-Service distributions Revisit your tax return for withholding Review Your Spending! Resources: Erik's Website Erik's YouTube Page Email Erik Call Erik's Office at 504-218-5479 Mon, 27 Apr 2020 19:59:20 -0000 Planning Opportunities as a Result of COVID-19 full 8 Erik Garcia The news is exhausting - markets up and down, press conferences, statistics and more.   Today, Erik Garcia and Jag have a simple, easy-to-understand conversation around the financial opportunities that may exist for you during the pandemic. After a quick explanation on AGI, we take a look at the tax rebate - those checks that are coming to us from the government soon (if you haven't received yours already). If you're still working, and still have a steady income, this could be a real opportunity to pay down debt or sock that cash away in savings. We also look at other aspects of the CARES Act, including: Student Loan Relief New Charitable Deduction for those taking the standard deduction on their taxes New Charitable Deduction rules for those taking itemized deductions - now up to 100% of your AGI! Waiving of RMD's in 2020 Next, we examine the relaxing of restrictions on taking money out of retirement accounts - and why, as a financial advisor, this makes Erik really nervous. Other financial opportunities available right now for individuals: Mortgage Refinancing In-Service distributions Revisit your tax return for withholding Review Your Spending! Resources: Erik's Website Erik's YouTube Page Email Erik Call Erik's Office at 504-218-5479 The news is exhausting - markets up and down, press conferences, statistics and more.   Today, Erik Garcia and Jag have a simple, easy-to-understand conversation around the financial opportunities that may exist for you during the pandemic.

After a quick explanation on AGI, we take a look at the tax rebate - those checks that are coming to us from the government soon (if you haven't received yours already). If you're still working, and still have a steady income, this could be a real opportunity to pay down debt or sock that cash away in savings.

We also look at other aspects of the CARES Act, including:

  • Student Loan Relief
  • New Charitable Deduction for those taking the standard deduction on their taxes
  • New Charitable Deduction rules for those taking itemized deductions - now up to 100% of your AGI!
  • Waiving of RMD's in 2020

Next, we examine the relaxing of restrictions on taking money out of retirement accounts - and why, as a financial advisor, this makes Erik really nervous.

Other financial opportunities available right now for individuals:

  • Mortgage Refinancing
  • In-Service distributions
  • Revisit your tax return for withholding
  • Review Your Spending!

Resources:

Erik's Website

Erik's YouTube Page

Email Erik

Call Erik's Office at 504-218-5479

]]> 1807 no Coping with Financial and Family Stress During Times of Anxiety https://planwiselywitherikgarcia.simplecast.com/episodes/coping-with-financial-and-family-stress-during-times-of-anxiety-LoVg4TmQ These are trying times, both financially and psychologically.  Dr. Matt Morris rejoins Erik Garcia and Jag today.  Together, we cover the volatile market as well as the "new normal" of having families together for significantly longer periods.   Erik will cover some financial strategies, and Matt will cover some ideas to help keep you - and your family - sane during this time. Resources: Link to Video Matt referencedLink to subscribe to Erik's YouTube page Dr. Matt Morris Website and appointments Erik Garcia on the Web Erik's e-book: The 5 Pillars of Financial Security   Mon, 23 Mar 2020 15:47:06 -0000 Coping with Financial and Family Stress During Times of Anxiety full 7 Erik Garcia These are trying times, both financially and psychologically.  Dr. Matt Morris rejoins Erik Garcia and Jag today.  Together, we cover the volatile market as well as the "new normal" of having families together for significantly longer periods.   Erik will cover some financial strategies, and Matt will cover some ideas to help keep you - and your family - sane during this time. Resources: Link to Video Matt referencedLink to subscribe to Erik's YouTube page Dr. Matt Morris Website and appointments Erik Garcia on the Web Erik's e-book: The 5 Pillars of Financial Security   These are trying times, both financially and psychologically.  Dr. Matt Morris rejoins Erik Garcia and Jag today.  Together, we cover the volatile market as well as the "new normal" of having families together for significantly longer periods.   Erik will cover some financial strategies, and Matt will cover some ideas to help keep you - and your family - sane during this time.

Resources:

Link to Video Matt referenced
Link to subscribe to Erik's YouTube page

Dr. Matt Morris Website and appointments

Erik Garcia on the Web

Erik's e-book: The 5 Pillars of Financial Security

 

]]> 1916 no Are you Self-Employed? It can be Taxing https://planwiselywitherikgarcia.simplecast.com/episodes/self-employment-can-be-taxing-rDQ_DCHV Welcome to the gig economy. Where employees have a side hustle, or three, and others have left the paycheck-to-paycheck lifestyle of Corporate America for the project-to-project grind. Gigs move the risk away from companies and toward the individuals. Today, Roy Taylor of Taylor and Willis CPAs and advisors joins Erik and Jag to discuss. In this episode we cover: Challenges that newly self-employed entrepreneurs face and how a CPA can help. Common problems for small business owners. Mistakes small business owners make, and the ramifications. To contact Roy: Call: 504-267-4427 Email Roy: rtaylor@twcpas.net To contact Erik: Email Erik: erik@plan-wisely.com Erik Garcia Website Erik's E-Book: 5 Pillars of Financial Security     Fri, 21 Feb 2020 12:48:37 -0000 Are you Self-Employed? It can be Taxing full 6 Erik Garcia More and more entrepreneurs are working for themselves and focusing on the "Gig Economy." However, this can have far-reaching tax implications. Today, Erik Garcia and Jag sit down with Roy Taylor, a partner at Taylor and Willis CPAs and advisors. Welcome to the gig economy. Where employees have a side hustle, or three, and others have left the paycheck-to-paycheck lifestyle of Corporate America for the project-to-project grind. Gigs move the risk away from companies and toward the individuals. Today, Roy Taylor of Taylor and Willis CPAs and advisors joins Erik and Jag to discuss. In this episode we cover: Challenges that newly self-employed entrepreneurs face and how a CPA can help. Common problems for small business owners. Mistakes small business owners make, and the ramifications. To contact Roy: Call: 504-267-4427 Email Roy: rtaylor@twcpas.net To contact Erik: Email Erik: erik@plan-wisely.com Erik Garcia Website Erik's E-Book: 5 Pillars of Financial Security     Welcome to the gig economy. Where employees have a side hustle, or three, and others have left the paycheck-to-paycheck lifestyle of Corporate America for the project-to-project grind. Gigs move the risk away from companies and toward the individuals. Today, Roy Taylor of Taylor and Willis CPAs and advisors joins Erik and Jag to discuss. In this episode we cover:

Challenges that newly self-employed entrepreneurs face and how a CPA can help.

Common problems for small business owners.

Mistakes small business owners make, and the ramifications.

To contact Roy:

Call: 504-267-4427

Email Roy: rtaylor@twcpas.net

To contact Erik:

Email Erik: erik@plan-wisely.com

Erik Garcia Website

Erik's E-Book: 5 Pillars of Financial Security

 

 

]]> 2050 no How to Hit Your Money and Health Goals and Not Fail https://planwiselywitherikgarcia.simplecast.com/episodes/how-to-hit-your-money-and-health-goals-and-not-fail-6IQkEwyZ 6 Tips to Hit Your Money and Health Goals and Not Fail: Be Intentional Measure Your Progress Challenge Yourself Reward Yourself Start Now Find Accountability Erik, Jodi, and Jag break down each of these tips, and how they can apply to your financial and fitness goals. Resources: CrossFit Algiers Website Erik Garcia Website Erik's E-Book: 5 Pillars of Financial Security   Mon, 06 Jan 2020 23:16:21 -0000 How to Hit Your Money and Health Goals and Not Fail full 5 Erik Garcia Erik and Jag are joined by Jodi Jordan, head coach and owner of CrossFit Algiers on New Orleans' West Bank. We discuss New Year's resolutions when it comes to personal fitness and personal finance, and the parallels between the two areas. 6 Tips to Hit Your Money and Health Goals and Not Fail: Be Intentional Measure Your Progress Challenge Yourself Reward Yourself Start Now Find Accountability Erik, Jodi, and Jag break down each of these tips, and how they can apply to your financial and fitness goals. Resources: CrossFit Algiers Website Erik Garcia Website Erik's E-Book: 5 Pillars of Financial Security   6 Tips to Hit Your Money and Health Goals and Not Fail:

  • Be Intentional
  • Measure Your Progress
  • Challenge Yourself
  • Reward Yourself
  • Start Now
  • Find Accountability

Erik, Jodi, and Jag break down each of these tips, and how they can apply to your financial and fitness goals.

Resources:

CrossFit Algiers Website

Erik Garcia Website

Erik's E-Book: 5 Pillars of Financial Security

 

]]> 1867 no The Best Way to Join Money In Marriage https://planwiselywitherikgarcia.simplecast.com/episodes/the-best-way-to-join-money-in-marriage-7CFgSAYp The goal of today's podcast is not to defend separate or joint accounts. However, we do want to explore some of the obstacles around joining accounts. Establishing a healthy dialogue about finances can help couples get on the same page and result in happier relationships in the long run. Today's guest is Dr. Matt Morris, licensed as both a professional counselor and as a marriage and family therapist. He's a longtime professor of counseling at the University of Holy Cross in New Orleans, and is very active in private practice. Dr. Matt and Erik look at the data around separate vs joint accounts, as well as the reasons why some couples have trouble with their finances. Sometimes the cause is simple; sometimes it's much deepr. Rescources: Dr. Matt Morris Website and appointments Erik Garcia on the Web Erik's e-book: The 5 Pillars of Financial Security Tue, 10 Dec 2019 20:25:18 -0000 The Best Way to Join Money In Marriage full 4 Erik Garcia Should couples have married or separate financial accounts? With the help of couples therapist Dr. Matt Morris, we dive into the pros and cons of each - as well as some of the underlying psychology. The goal of today's podcast is not to defend separate or joint accounts. However, we do want to explore some of the obstacles around joining accounts. Establishing a healthy dialogue about finances can help couples get on the same page and result in happier relationships in the long run. Today's guest is Dr. Matt Morris, licensed as both a professional counselor and as a marriage and family therapist. He's a longtime professor of counseling at the University of Holy Cross in New Orleans, and is very active in private practice. Dr. Matt and Erik look at the data around separate vs joint accounts, as well as the reasons why some couples have trouble with their finances. Sometimes the cause is simple; sometimes it's much deepr. Rescources: Dr. Matt Morris Website and appointments Erik Garcia on the Web Erik's e-book: The 5 Pillars of Financial Security The goal of today's podcast is not to defend separate or joint accounts. However, we do want to explore some of the obstacles around joining accounts. Establishing a healthy dialogue about finances can help couples get on the same page and result in happier relationships in the long run.

Today's guest is Dr. Matt Morris, licensed as both a professional counselor and as a marriage and family therapist. He's a longtime professor of counseling at the University of Holy Cross in New Orleans, and is very active in private practice. Dr. Matt and Erik look at the data around separate vs joint accounts, as well as the reasons why some couples have trouble with their finances. Sometimes the cause is simple; sometimes it's much deepr.

Rescources:

Dr. Matt Morris Website and appointments

Erik Garcia on the Web

Erik's e-book: The 5 Pillars of Financial Security

]]> 1994 no How to Deny Your Kid to Better Their Financial Future https://planwiselywitherikgarcia.simplecast.com/episodes/how-to-deny-your-kid-to-better-their-financial-future-X0zs1tAK Today, Erik and Jag are joined by licensed family therapist Roy Salgado to discuss how we can teach our kids healthy financial habits.  There are 4 common responses to kids when they want you to buy something: No.  We do not have money for that. No.  You don't need that. Maybe you can ask for it for your birthday/Christmas. How about you start saving your money and you can buy it when you have enough. We break down each of these responses and the healthy traits they coincide with. Resources: More about Erik and how to contact him Erik's e-book, The 5 Pillars of Financial Security Call Erik at 504-218-5479 Email Erik: info@plan-wisely.com Call Roy Salgado at Crescent City Counseling Center: (504) 491-1034 Email Roy: crescentcitycounseling@gmail.com Thu, 07 Nov 2019 00:48:25 -0000 How to Deny Your Kid to Better Their Financial Future full 3 Erik Garcia Today, Erik and Jag are joined by licensed family therapist Roy Salgado to discuss how we can teach our kids healthy financial habits.  There are 4 common responses to kids when they want you to buy something: No.  We do not have money for that. No.  You don't need that. Maybe you can ask for it for your birthday/Christmas. How about you start saving your money and you can buy it when you have enough. We break down each of these responses and the healthy traits they coincide with. Resources: More about Erik and how to contact him Erik's e-book, The 5 Pillars of Financial Security Call Erik at 504-218-5479 Email Erik: info@plan-wisely.com Call Roy Salgado at Crescent City Counseling Center: (504) 491-1034 Email Roy: crescentcitycounseling@gmail.com Today, Erik and Jag are joined by licensed family therapist Roy Salgado to discuss how we can teach our kids healthy financial habits.  There are 4 common responses to kids when they want you to buy something:

  1. No.  We do not have money for that.
  2. No.  You don't need that.
  3. Maybe you can ask for it for your birthday/Christmas.
  4. How about you start saving your money and you can buy it when you have enough.

We break down each of these responses and the healthy traits they coincide with.

Resources:

More about Erik and how to contact him

Erik's e-book, The 5 Pillars of Financial Security

Call Erik at 504-218-5479

Email Erik: info@plan-wisely.com

Call Roy Salgado at Crescent City Counseling Center: (504) 491-1034

Email Roy: crescentcitycounseling@gmail.com

]]> 2137 no How To Prep Your Finances For The Next Recession https://planwiselywitherikgarcia.simplecast.com/episodes/howtoprepyourfinancesforthenextrecession-ktefKHH2 Experts disagree on when the next recession will come, but the markets are cyclical. This means, sooner or later, eventually a recession will be upon us.  If you're concerned about a recession, you aren't alone. First, Erik breaks down some of the market terminology you often hear, in terms the average person (like Jag) can understand. Next, there are 5 economic realities that we are currently facing.  Understanding them is key to creating a plan. Finally, Erik gets in to his 4 point plan for investing. These strategies apply to everyone, regardless of income level. Resources: More about Erik and how to contact him Erik's e-book, The 5 Pillars of Financial Security Call Erik at 504-218-5479 Email Erik: info@plan-wisely.com Mon, 07 Oct 2019 21:59:21 -0000 How To Prep Your Finances For The Next Recession full 2 Erik Garcia Experts disagree on when the next recession will come, but the markets are cyclical. This means, sooner or later, eventually a recession will be upon us.  If you're concerned about a recession, you aren't alone. First, Erik breaks down some of the market terminology you often hear, in terms the average person (like Jag) can understand. Next, there are 5 economic realities that we are currently facing.  Understanding them is key to creating a plan. Finally, Erik gets in to his 4 point plan for investing. These strategies apply to everyone, regardless of income level. Resources: More about Erik and how to contact him Erik's e-book, The 5 Pillars of Financial Security Call Erik at 504-218-5479 Email Erik: info@plan-wisely.com Experts disagree on when the next recession will come, but the markets are cyclical. This means, sooner or later, eventually a recession will be upon us.  If you're concerned about a recession, you aren't alone.

First, Erik breaks down some of the market terminology you often hear, in terms the average person (like Jag) can understand.

Next, there are 5 economic realities that we are currently facing.  Understanding them is key to creating a plan.

Finally, Erik gets in to his 4 point plan for investing. These strategies apply to everyone, regardless of income level.

Resources:

More about Erik and how to contact him

Erik's e-book, The 5 Pillars of Financial Security

Call Erik at 504-218-5479

Email Erik: info@plan-wisely.com

]]> 1664 no Making Room For What Matters Most https://planwiselywitherikgarcia.simplecast.com/episodes/making-room-for-what-matters-most-JiJXoIbF Why is Erik telling Jag about New Year's Resolutions in September? There's a method to that madness - it has to do with getting down to motivation - and an awesome story about how Erik quit his gym...on January 6th. Next, Erik reveals his 8 tips for improving your finances, and you don't have to wait until January to start. Finally, Erik tells Jag where the BEST chicken sandwich in New Orleans is - hint: it ain't Popeye's or Chick-Fil-A. Resources: More about Erik and how to contact him Erik's e-book, The 5 Pillars of Financial Security Call Erik at 504-218-5479 Email Erik: info@plan-wisely.com Wed, 18 Sep 2019 22:25:57 -0000 Making Room For What Matters Most full 1 Erik Garcia Why is Erik telling Jag about New Year's Resolutions in September? There's a method to that madness - it has to do with getting down to motivation - and an awesome story about how Erik quit his gym...on January 6th. Next, Erik reveals his 8 tips for improving your finances, and you don't have to wait until January to start. Finally, Erik tells Jag where the BEST chicken sandwich in New Orleans is - hint: it ain't Popeye's or Chick-Fil-A. Resources: More about Erik and how to contact him Erik's e-book, The 5 Pillars of Financial Security Call Erik at 504-218-5479 Email Erik: info@plan-wisely.com Why is Erik telling Jag about New Year's Resolutions in September? There's a method to that madness - it has to do with getting down to motivation - and an awesome story about how Erik quit his gym...on January 6th.

Next, Erik reveals his 8 tips for improving your finances, and you don't have to wait until January to start.

Finally, Erik tells Jag where the BEST chicken sandwich in New Orleans is - hint: it ain't Popeye's or Chick-Fil-A.

Resources:

More about Erik and how to contact him

Erik's e-book, The 5 Pillars of Financial Security

Call Erik at 504-218-5479

Email Erik: info@plan-wisely.com

]]> 1841 no Plan Wisely with Erik Garcia - Trailer https://planwiselywitherikgarcia.simplecast.com/episodes/plan-wisely-with-erik-garcia-trailer-kk7VGPBa Meet Erik Garcia, New Orleans financial adviser. In our trailer, Erik explains how he believes financial decisions and behaviors influence our entire lives. He's joined by Jon "JAG" Gay, former afternoon host and program director of New Orleans radio station Voodoo 104. Resources: More about Erik and how to contact him Erik's e-book, The 5 Pillars of Financial Security Call Erik at 504-218-5479 Email Erik: info@plan-wisely.com Wed, 18 Sep 2019 22:25:13 -0000 Plan Wisely with Erik Garcia - Trailer trailer Erik Garcia Meet Erik Garcia, New Orleans financial adviser. In our trailer, Erik explains how he believes financial decisions and behaviors influence our entire lives. He's joined by Jon "JAG" Gay, former afternoon host and program director of New Orleans radio station Voodoo 104. Resources: More about Erik and how to contact him Erik's e-book, The 5 Pillars of Financial Security Call Erik at 504-218-5479 Email Erik: info@plan-wisely.com Meet Erik Garcia, New Orleans financial adviser. In our trailer, Erik explains how he believes financial decisions and behaviors influence our entire lives. He's joined by Jon "JAG" Gay, former afternoon host and program director of New Orleans radio station Voodoo 104.

Resources:

More about Erik and how to contact him

Erik's e-book, The 5 Pillars of Financial Security

Call Erik at 504-218-5479

Email Erik: info@plan-wisely.com

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