OLIO Financial Planning

05/31/2023

Some Wednesday wisdom!

12/20/2022

Decorations are up, delicious food is being prepared, family and friends are making get-together plans, and the year is rapidly coming to a close. As you prepare for the holiday season, the end of the year is a great time to do some quick housekeeping when it comes to your finances. Here are six quick things you can do to finish the year strong!

Link in bio!

12/05/2022

What comes to mind when you think about estate planning? Do you think, “Something I’ll never need, something only for the rich and famous"? There are so many good reasons to have our final wishes laid out, but one of the best reframes is this: having an estate plan is your opportunity to be sure that those you love and care for the most are honored and taken care of to the best of your ability. So let's explore five reasons you should prioritize creating an estate plan as part of your financial planning!

https://meetolio.com/blog/five-reasons-you-need-an-estate-plan

11/07/2022

At a first (and second) glance, investing can appear very overwhelming. There is a wide variety of asset classes to choose from, the risk of losing money, and not to mention the daunting task of predicting the future.

We want to help you begin to make sense of it all: stocks and bonds and the different vehicles that bundle them together: mutual funds and ETFs. Link in bio to read more!

10/21/2022

10/03/2022

The FASFA (Free Application for Federal Student Aid) is an important form for students and/or their parents to fill out every academic year to determine how much aid and scholarships students are eligible to receive to help pay for college. Completing and submitting the FASFA is a prerequisite for receiving merit-based scholarships at many universities, qualifying for work-study programs, and for receiving Federal loans.

Here are some of the changes to the FASFA starting in October 2022 you should know about it.

The FASFA is an important form for students and/or parents to fill out every academic year to determine how much aid students eligible to receive. Here are changes to the FASFA starting in October 2022 to know!

09/15/2022

This is the first step in our process - getting to know each other. Finances should support and enhance your life and help you pursue what you care about. So we prioritize learning about you and any other individuals you want to include in your financial plan.

Want to learn more? Visit meetolio.com.

07/28/2022

We believe that your finances should support and enhance your life – helping you pursue what you care about.

We'll deliver strategies that overcome the barriers you face and provide the vision you’ve always desired. You'll be empowered to accomplish your personal and financial goals.

🔎 meetolio.com

07/22/2022

Families took many precautions during the pandemic. People were working from home, many K-12 schools closed their doors, and large events such as family reunions and weddings were put on hold. Maybe in your case, your adult child has moved in with you to save some money until they find their next job, or your 20-year-old came home to complete the rest of their college semester online. Whatever the case, your grown child is living back at home. Check out our blog post for some tips to get your kid back on their feet while living together peacefully in the meantime.

07/18/2022

So, you want to be a certified financial planner? While many decisions lay ahead, now is the time to think about your options and the actions you can take to better define your path.

1. Networking is key. Start within your industry. Many people are very uncomfortable reaching out to individuals they don't know and/or walking up to a stranger at an event and introducing themselves. Like most things, the more you do it the easier it becomes. You need to make the first move, don't stand on the sidelines waiting for someone to come to you.

2. Find a mentor. A mentor serves as an excellent sounding board for navigating your path and learning more about the profession. Whether you select a formal or informal arrangement, a mentorship presents a great opportunity to ask questions, seek advice and learn from their experience.

3. What designations should I get and when? The CFP® designation is necessary and requires the completion of four areas for certification: education, exam, experience, and ethics. Depending on the path you take, many people complete the CFP® certification while they are working at a financial planning firm. Passing the exam is usually the first big hurdle and often the most stressful when getting started in the profession.

Other designations, certifications, and/or licenses financial planners find helpful in their practice include the Series 65, the IRS Enrolled Agent, Chartered Life Underwriter, and the Accredited Estate Planner. These additional qualifications increase your knowledge and expertise to bring more value to the services you can offer a client.

4. Be a lifelong learner. The financial industry consistently changes. The tax code gets updated. The Securities and Exchange Commission makes new rulings. The Federal Reserve influences the stock market by adjusting the interest rate up or down. The point is, as a financial planner you have to stay vigilant in keeping up with new information coming out from the sources that impact what you say to and do for your clients every day.