We want to give a heartfelt thank you to Evan Diamond and Phil Mustone of Cambridge Savings Bank for their exceptional, engaging, and informative Financial Education workshops! Since 2023, they have been providing invaluable support to our Family Self-Sufficiency participants. These workshops cover essential financial topics such as Budgeting & Savings, Credit, Fraud Prevention, Job Interviewing Skills, Financial Planning, and Building a Retirement Nest Egg. We’re incredibly grateful to Evan and Phil for their dedication and expertise in empowering our participants improve their financial literacy and make financial decisions that positively impact their lives and the futures of their families. Check out some of the stunning reviews from our participants! #OneFamily #Gratitude #CambridgeSavingsBank #FinancialEducation #CommunitySupport #FinancialLiteracy
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A young client of mine, fresh into his 20s and just starting his career, asked me, “What are some tips to kickstart my financial literacy?” I reminded him that financial literacy isn’t just about earning and saving but making informed choices. I also shared my own story of starting small -saving a little from each paycheck and prioritizing long-term security over short-term spending. It wasn’t easy at first, but those habits built the foundation for where I am today. What’s one piece of financial advice you wish you knew when you were starting out? Let me know in the comments! 💬 #FinancialLiteracy #FinancialPlanning #YoungProfessionals #BuildingWealth #BenOfBrothers #financialfitness #financialwellness
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Navigating Financial Journeys with Brian Taub: Avoiding Common Pitfalls and Building Security In a compelling interview, financial advisor Brian shares his unique perspective gained from 15 years in the insolvency field and 30 years in the financial services industry. His journey is shaped by a desire to help clients build wealth and secure their futures. Here are some key insights: ✓ Understanding Financial Health: With an in-depth approach, Brian assesses financial health to uncover and resolve key issues, especially for those aged 55 and older. ✓ Prevention Over Correction: Moving from insolvency to wealth building, Brian teaches how proactive financial planning helps avoid common pitfalls and the hardship of late-life financial struggles. ✓ The Power of Compound Interest: Brian emphasizes the critical impact of time and compound interest on financial security, urging clients to plan early to avoid reaching the 'point of no return.' ✓ Education as Empowerment: Providing key financial education is central to Brian’s mission, ensuring clients avoid the cycle of debt and the unpleasant reality of bankruptcy. Ready to dive deeper into transforming your financial future? Equip yourself with the knowledge to avert financial pitfalls and build a prosperous future. You don’t have to navigate it alone! Ready to dive deeper into transforming your financial future? Brian is sharing a comprehensive FREE guide that outlines actionable strategies to secure your financial journey. https://lnkd.in/g_Mt-fst #FinancialPlanning #WealthBuilding #RetirementPlanning #FinancialAdvisor #CompoundInterest #FinancialSecurity
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Navigating Financial Journeys with Brian Taub: Avoiding Common Pitfalls and Building Security In a compelling interview, financial advisor Brian shares his unique perspective gained from 15 years in the insolvency field and 30 years in the financial services industry. His journey is shaped by a desire to help clients build wealth and secure their futures. Here are some key insights: ✓ Understanding Financial Health: With an in-depth approach, Brian assesses financial health to uncover and resolve key issues, especially for those aged 55 and older. ✓ Prevention Over Correction: Moving from insolvency to wealth building, Brian teaches how proactive financial planning helps avoid common pitfalls and the hardship of late-life financial struggles. ✓ The Power of Compound Interest: Brian emphasizes the critical impact of time and compound interest on financial security, urging clients to plan early to avoid reaching the 'point of no return.' ✓ Education as Empowerment: Providing key financial education is central to Brian’s mission, ensuring clients avoid the cycle of debt and the unpleasant reality of bankruptcy. Ready to dive deeper into transforming your financial future? Equip yourself with the knowledge to avert financial pitfalls and build a prosperous future. You don’t have to navigate it alone! Ready to dive deeper into transforming your financial future? Brian is sharing a comprehensive FREE guide that outlines actionable strategies to secure your financial journey. https://lnkd.in/g_Mt-fst #FinancialPlanning #WealthBuilding #RetirementPlanning #FinancialAdvisor #CompoundInterest #FinancialSecurity
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Did you know that 70% of generational wealth is gone by the 3rd generation? Educating your family on managing wealth is key to making it last. Starting the conversation about financial literacy and legacy planning is crucial. Family meetings are a great way to ensure everyone is on the same page. At Mohr Group, we can help moderate these conversations and provide the tools and insights you need. Let’s schedule a 20-minute meeting this summer to start planning your family's financial future. Together, we can build a legacy that lasts. #GenerationalWealth #FinancialEducation #LegacyPlanning #FamilyMeetings #WealthManagement #FinancialPlanning
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One of the most impactful lessons I’ve learned from 'Rich Dad Poor Dad' by Robert Kiyosaki is the importance of financial literacy. “Don’t work for money; make it work for you.” This quote has profoundly influenced my approach to both personal finance and professional endeavors. It’s a reminder to focus on building assets and creating opportunities that generate passive income. How has financial literacy impacted your career and personal life? Share your experiences and thoughts below! If you haven’t read 'Rich Dad Poor Dad' yet, I highly recommend it. It’s a game-changer! #RichDadPoorDad #financialliteracy #QuoteoftheDay
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7 Financial Habits for Teens Behavior often has a greater impact on financial well-being than knowledge. Small, intentional actions today can shape a more secure financial future. Inspired by Stephen Covey's The 7 Habits of Highly Effective People, these habits can set teens on the path to financial success: 1. Be Proactive: Take charge of your financial future. Start tracking spending and saving today. 2. Begin with the End in Mind: Visualize big goals—like college or retirement—and plan the steps to achieve them. 3. Put First Things First: Prioritize needs and savings, and then want to build a strong financial foundation. 4. Think Win-Win: Collaborate with family and peers to create financial strategies that benefit everyone. 5. Seek First to Understand: Learn the basics of money management before making major decisions. 6. Synergize: Team up with others to share tips, hold each other accountable, and grow wealth together. 7. Sharpen the Saw: Continuously invest in your financial education, which pays life dividends. What habit would you add to this list? Let me know in the comments ⬇ ♻️ Repost to promote high school financial literacy. 🔔 Follow Christopher Jackson for more insights.
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Growing up in a financially constrained environment taught me the importance of financial literacy from an early age. Here are 5 lessons that have guided my financial journey: 1. Early Financial Literacy: Understanding the magic of compounding and budget management from my youth. 2. Financial Independence as a Priority: The drive to never live paycheck to paycheck. 3. Value of Hard Work: Embracing multiple jobs and responsibilities to ensure stability. 4. Savings Before Spending: Prioritising saving over spending even when funds are limited. 5. Long-Term Vision: Focusing on long-term financial security over short-term gains. How has your early life shaped your financial principles? Drop a comment below and let's discuss! #FinancialLiteracy #YouthEmpowerment #LongTermPlanning
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Everything is challenging, but that’s why you need to 𝐂𝐡𝐨𝐨𝐬𝐞 𝐘𝐨𝐮𝐫 𝐇𝐚𝐫𝐝... To 𝐘𝐨𝐮, it might feel hard to: - Never accomplish financial goals (Over 65% of population in the world have no financial plan). - Avoid digging into your finances out of fear (Around 40% of adults struggle with financial anxiety). - Work hard but still live paycheck to paycheck (61% of people live paycheck to paycheck). - Not understand when others talk about investing - Watch your money lose value due to inflation (Inflation can reduce purchasing power by as much as 2-3% annually). - Feel trapped by golden handcuffs and never leave your job. But to 𝐎𝐭𝐡𝐞𝐫𝐬, it might feel hard to: - Sacrifice short-term pleasures to meet financial goals. - Review cash flow and adjust regularly. - Work smart and build new income streams (20% of people have multiple sources of income). - Learn the fundamentals of investing and stick to it. - Stay calm and not switch investments due to volatility (55% of investors make panic-driven decisions). - Rebuild their sense of identity so their worth comes from within. 𝐖𝐡𝐚𝐭’𝐬 𝐭𝐡𝐞 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞 𝐛𝐞𝐭𝐰𝐞𝐞𝐧 𝐘𝐨𝐮 𝐚𝐧𝐝 𝐎𝐭𝐡𝐞𝐫𝐬? An active, consistent effort to build a healthier relationship with money and invest in financial literacy. (𝑰’𝒗𝒆 𝒃𝒆𝒆𝒏 𝒐𝒏 𝒃𝒐𝒕𝒉 𝒔𝒊𝒅𝒆𝒔 𝒐𝒇 𝒕𝒉𝒆 𝒇𝒆𝒏𝒄𝒆, 𝒕𝒓𝒖𝒔𝒕 𝒎𝒆). If it's going to be hard either way, channel your effort towards what will protect and care for you in the long run. 𝐀𝐧𝐝 𝐫𝐞𝐦𝐞𝐦𝐛𝐞𝐫, 𝐧𝐨𝐭 𝐜𝐡𝐨𝐨𝐬𝐢𝐧𝐠 𝐢𝐬 𝐬𝐭𝐢𝐥𝐥 𝐚 𝐜𝐡𝐨𝐢𝐜𝐞...
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National Financial Awareness Day is here! It's a great day to take control of your financial future. Feel free to reach out if you want to discuss your financial goals. #FinancialAwarenessDay https://lnkd.in/gAUC3Q5f
West Dakota Group | Bismarck, ND | Morgan Stanley Wealth Management
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"They manage the money in my portfolio," that's the response many people give when asked to describe the role of a financial advisor. But for us, that is not the whole truth. Learn how we've addressed this and other top misconceptions by reading our Consumer Awareness Guide: https://lnkd.in/e8tDfQ9y
Read Now: Top 5 Misconceptions in the Financial Planning Industry
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We’re thrilled to hear that the workshops have been helpful! Thank you to One Family for helping Evan and Phil reach members of the community to support their financial wellness.