Blog- Part 2

Is a Home Warranty Worth It? What You Need to Know to Decide Once and For All

December 4, 2020/in Budgeting, Financial Planning, Insurance /by admin

When buying a home, there are a lot of things to consider – including whether or not a home warranty is worth it. When you make a large purchase such as this, you know that money is probably going to be tight for a while. But the reality is, the unexpected can happen – including appliances breaking. Should you purchase a home warranty to help you out if something goes wrong? Read on to find out when you should buy a home warranty and when you will be better off without one.

Jamie Lima Launches the Emerging Millionaire Method™

December 3, 2020/in Financial Planning, Media Coverage, Press /by admin

Some people see the term “Wealth Manager” or #wealthmanagement and it makes them feel unqualified to work with me/us.

Nothing could be further from the truth.

The old way of conducting business–sitting behind a mahogany-desk, and banging out calls to get people to buy the next hot IPO or telling a young couple that they don’t qualify to be a client because they have less than 7 figures in a brokerage account–are dead.

Advisors – if you are still doing this, I am sad to say, your days are numbered.

Wealth Management isn’t about getting you in on the next IPO or turning $300,000 into $3,000,000. It’s so much more than that.

It’s:

• helping you maximize your workplace benefits,

• helping you decide whether to buy rental property or invest your savings,

• analyzing college savings plans and assisting you in setting them up,

• determining when the right time to upsize or downsize your home is,

• walking you through the process of #estateplanning so if something were to happen to you, your kids would be OK,

• working with you to determine how much (if any) life insurance you may need,

• helping you find, interview, and manage a relationship with a CPA, and more.

It’s not about investments. It’s about being a servant to our clients and redefining what “wealth management” means.

Do You Have Enough Insurance, or Too Much? Find out here.

December 3, 2020/in Behavioral Finance, Financial Planning, Insurance /by admin

Hi, I’m Jamie Lima with Woodson Wealth Management. As the crisis continues and we continue to deal with the anxiety driven by the election, it’s clear that we’re in for months and maybe years of economic pain.

A lot of folks are still worried about what the long-term effects and would happen if they lost their income in this crisis, due to layoffs, business closings, or even illness.

In this video, I’m going to walk you through some of the questions to consider to help make sure your income and loved ones are protected.

Most CARES Act Benefits Are Ending on Dec. 31st. Are You Prepared?

November 30, 2020/in Economy, Financial Planning, Tax Management, Taxes /by admin

The CARES Act was passed on March 27, 2020 amidst the onset of COVID-19 in America. The package included over $2 trillion in economic relief for businesses, workers, families and governments.¹

Now, the year is almost over – and some benefits included in the CARES Act are expiring. Many Americans have relied on these benefits to make ends meet throughout the course of the pandemic, and there’s widespread uncertainty about benefits coming in the future.

Here are 5 expenses you can give a (socially-distant) kiss goodbye to this year due to the ‘vid.

November 27, 2020/in Budgeting, Economy /by admin

Can you believe it’s basically December? That means that the holiday season is officially upon us. Right about now we’re usually gearing up to gather with loved ones, shop for gifts and travel to see family – making it a cheerful, but expensive, time of year.

Understanding Your Risk Tolerance

November 23, 2020/in Behavioral Finance, Financial Planning, Investments /by admin

One of the very first things we discuss with our clients is risk tolerance.

How do you handle risk?

How do you feel towards money? And, so on.

This is an incredibly important part of the financial planning process and it helps us do a better job of providing #fiduciary advice.

Here are 5 things you can do to better determine your own unique tolerance for risk when it comes to your investments. Want an investment Personality Test?

Just reach out, and we’ll be happy to send one your way.

#bestfinancialadvisorsinsandiego #topfinancialadvisorssandiego #fiduciaryfinancialadvisorsandiego #registeredinvestmentadvisorsandiego #financialplanningsandiego #certifiedfinancialplannersandiego #investmentmanagementsandiego #sandiegofiduciaryadvisor #sandiegofinancialfirms #independentfinancialadvisorfirm #investmentadvisoryfirm #financialplanningfirm #financialadvisorycompany #financialadvisoryfirmsandiego #wealthmanagement #financialadvisor #financialplanning

Why are fee-only advisors different? Three key things…

November 17, 2020/in Financial Planning, Investments, Retirement Planning /by admin

Hi, I’m Jamie with Woodson Wealth Management, and I’m going to help you sidestep some major headaches, save you time, and put more money in your pocket.

First – some quick background about the changing financial services industry:

Over the last 15 years, our industry has gone through some dramatic shifts. At the outset of my career, folks had to look to the Wall Street Journal or call their stock broker for information on a particular stock or what’s going on in the markets. Now, you can get your news and updated stock quotes in just seconds.

Fight with your desires for a debt-free life

November 10, 2020/in Behavioral Finance, Budgeting, Financial Planning /by admin

Guest post by: Bethaine Parker of Debt Consolidation US

Getting into and creating tens of thousands of dollars of debt is easy but getting out of it can be a silent killer and take decades to pay off.

When you make the last payment and become debt free, you may want to reward yourself. The problem occurs when you’re not attentive; it’s easy to slide back into the same spending habits and you may end up right back where it started.

Here are a few tips that may help you to stay on track and keep you out of debt for good.

Now That We’ve Taken a Deep Breath, Here’s a Reminder About Presidential Elections & the Stock Market

November 9, 2020/in Economy, Election, Stock Market /by admin

#bestfinancialadvisorsinsandiego #topfinancialadvisorssandiego #fiduciaryfinancialadvisorsandiego #registeredinvestmentadvisorsandiego #financialplanningsandiego #certifiedfinancialplannersandiego #investmentmanagementsandiego #sandiegofiduciaryadvisor #sandiegofinancialfirms #independentfinancialadvisorfirm #investmentadvisoryfirm #financialplanningfirm #financialadvisorycompany #financialadvisoryfirmsandiego #wealthmanagement #financialplanner #election #president

This content is developed from sources believed to be providing accurate information, and provided by Twenty Over Ten. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

Biden Has Won the Presidential Election: Here are the Tax Changes You Should Prepare For

November 9, 2020/in Economy, Election, Financial Planning, Healthcare Costs, Tax Management, Taxes /by admin