Launching into the workforce with your first professional job or do you know someone who is? If this is you, congratulations on reaching this milestone! While it’s an accomplishment to celebrate, it’s also a transition to take seriously as it brings on a whole new era of “adulting.” With exciting new independence, purpose and income comes several real-world responsibilities to consider or dive deeper into, like setting a budget, paying taxes, enrolling in benefits and more. Plus, there are several areas where you can set yourself up nicely now for better success in the future.
It’s all discussed on a special podcast episode from JNBA Financial Advisors. In this conversation directed at new young professionals, Advisor – Financial Planning Manager Haley Frecon, CFP®, and Advisor Associate Shelby Delaney, CFP® go over several important considerations, especially in the financial realm, to help you navigate this new life stage responsibly:
- Budgeting and Expenses
- Emergency Savings
- Debt Management, including Student Loans
- Credit Cards
- Lifestyle Creep
- Saving for Major Life Events
- Retirement Planning, including 401k Match and Roth IRAs
- Open Enrollment and Employer-Provided Insurance
- Renters’ and Auto Insurance
- Taxes and Tax Deductions
- Estate Planning
These topics are the building blocks of your financial foundation. It’s important to understand and address these areas to support long-term financial wellness. We encourage you to use these educational tools to support your financial life goals and wish you great success as you launch your professional career.
Please Note: No portion of the video content, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results or satisfaction if JNBA Financial Advisors, LLC is engaged, or continues to be engaged, to provide investment advisory services. Past performance is no guarantee of future results. Different types of investments involve varying degrees of risk. Therefore, there can be no assurance that the future performance of any specific investment or investment strategy (including the investments and/or investment strategies recommended and/or undertaken by JNBA Financial Advisors, LLC [“JNBA”]), or any consulting services, will be profitable, equal any historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. JNBA reviews portfolios every 10 business days. Neither JNBA’s investment advisor registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if JNBA is engaged, or continues to be engaged, to provide investment advisory services. JNBA is neither a law firm, nor a certified public accounting firm, and no portion of its services should be construed as legal or accounting advice. JNBA is not an insurance agent and no portion of the above should be construed as insurance advice. All insurance issues should be addressed with the insurance professional of your choosing. JNBA nor its employees sell insurance products. JNBA is not an agent of The Centers for Medicare & Medicaid Services. All claiming strategies and benefits must be verified and accepted by The Centers for Medicare & Medicaid Services. JNBA is not an agent of the Social Security Administration. All claiming strategies and benefits must be verified and accepted by the Social Security Administration. JNBA is not an agent of the Federal Trade Commission nor any affiliation with any of the three major credit bureaus. All credit related matters must be independently verified by required authority. JNBA is not an agent of the United States Department of Labor. JNBA is neither an agent of IRS nor an agent nor an agent U.S. Department of Treasury. JNBA is neither an agent of the Free Application for Federal Student Aid (FAFSA), nor a banking loan specialist. All lending strategies and benefits must be verified and accepted by FAFSA. JNBA is neither an agent of Federal Student Aid an Office of Department of Education, nor a banking loan specialist. Moreover, you should not assume that any discussion or information contained in this video serves as the receipt of, or as a substitute for, personalized investment advice from JNBA. A copy of our current written disclosure Brochure discussing our advisory services and fees is available upon request or at jnba.com. The scope of the services to be provided depends upon the needs and requests of the client and the terms of the engagement. Please Remember: If you are a JNBA client, please contact JNBA, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services, or if you would like to impose, add, or to modify any reasonable restrictions to our investment advisory services. Unless, and until, you notify us, in writing, to the contrary, we shall continue to provide services as we do currently.
Due to various factors, including changing market conditions and/or applicable laws, some of the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors.
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