All in Financial Planning
We were recently featured in an AP News article entitled “How to balance competing savings goals”
See the article here: https://apnews.com/article/a12838a96a99b4d2b3273c246bc61e2a
Here’s one excerpt from the article:
“Now more than ever, people are understanding the importance of a rainy day fund,” says Eric Maldonado, certified financial planner and owner of Aquila Wealth Advisors in San Luis Obispo, California. “It’s good fundamentals to have cash in case stuff starts costing more.”
On August 11, we will host a webinar titled, “How Small Businesses Can Be Profitable in the Midst of Inflation.” As supply and labor prices rise, small businesses, which are often operated on a tiny margin, are squeezed the most. But the right decisions can help a business weather even these difficult times. This webinar will address improving cashflow, keeping a cushion of savings, avoiding debt, looking out for your own family’s finances, and more. Eric Maldonado, CFP®, MBA, CEPA is the speaker for this webinar, he has with a specialty in helping new businesses during their first five years. All business owners will benefit from this informative event, especially if you’re just starting out.
This week, on July 22nd, 2022, we were interviewed by KSBY to weigh in on budgeting and inflation this summer.
See the article and video interview here: https://www.ksby.com/news/local-news/experts-recommend-sticking-to-a-budget-for-summer-travel-amid-high-gas-prices
Eric Maldonado, CFP®, MBA
Owner, Aquila Wealth Advisors, LLC
(805)250-4552
eric@aquilawealth.com
872 Higuera St., San Luis Obispo, CA 93401
www.aquilawealth.com
If I were still in college, here are 3 ways I'd prepare for a career in financial planning.
Eric Maldonado, CFP®, MBA Owner, Aquila Wealth Advisors, LLC
info@aquilawealth.com
Located in San Luis Obispo, CA
https://www.aquilawealth.com/
Contact Us: https://www.aquilawealth.com/contact-us
Remember when Marie Kondo took the world by storm with her tidying up routine? Maybe not quite, but let’s roll with it. Her idea is that we can improve our lives by removing clutter and items that no longer “spark joy.”
We can apply similar principles to our financial lives. In this month's Visual Insights Newsletter I've included a 7 point checklist to declutter your financial life.
Joe Biden was inaugurated as our 46th president; here are some of the new policies relevant to personal finance:
Student loan freeze: The Department of Education extended the suspension of federal student loan payments through September 30, 2021, giving borrowers some extra breathing room this year. No interest will accrue during that period, and each month will count toward public service loan forgiveness as well as student loan rehabilitation. Unfortunately, private loans are again excluded from the freeze.1
Hi, Eric Maldonado here with Aquila Wealth Advisors.
Here is a timely question I’ve heard often, “Should I refinance my mortgage?” In this article, I’m going to walk you through the key questions you need to answer to make an informed decision.
Quick Summary
If you purchased your house when interest rates were higher than current record lows, you might be wondering: should I refinance?
You’d think the answer would be simple: a lower interest rate is better, right?
However, the right choice depends on your situation. And with the way fees and mortgage interest work, a refinance can be a bad deal.
Here are 4 key considerations
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When creating a financial plan, it's essential to start with getting clear on your values. What does that mean? It means you are beginning with the foundation of what makes you "YOU." When it comes to money, we all have our way of dealing with it. It has been said, "Personal finance is more personal than it is finance." Everybody has a unique first memory of money. Everybody has a unique style when handling their money because of their upbringing and life experiences. Everyone thinks about money in their way, which then impacts how they deal with it. So, it's crucial to spend time thinking about what money means to you and why it's important to you. Your values will be the driver of your goals, which drives your action items within your financial plan.
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Current data tells us that the economy is in a steep contraction due to the coronavirus.
We don’t know how long it will last or how long the economy will take to recover.
How can we protect ourselves when we can’t predict the future?
I made a short video showing you exactly how the most successful companies in the world prepare when the future is unknown.
![[Video] 3 Ways to Prepare for a Career in Financial Planning while still in College](https://images.squarespace-cdn.com/content/v1/59dfbea68dd0415bcd1443e4/1618515738445-VEOIDPGN7HF8ROUXF5UC/College+Prep+Aquila+Wealth+Advisors+San+Luis+Obispo+Eric+Maldonado+CFP.png)
