In this episode, Dominic and Chris discuss the mid-year financial checklist. They cover topics such as reviewing spending, assessing income, organizing financial documents, evaluating emergency funds, managing debt, optimizing subscriptions, consolidating accounts, automating bill pay, checking credit health, and reviewing insurance coverage. In this conversation, Chris and Dominic discuss tax planning and the importance of regularly checking and adjusting your tax withholding. They also emphasize the need to stay on top of your finances and have regular money dates to review your financial goals. They discuss the challenges of finding a financial advisor who is a fiduciary and the importance of working with someone you trust. They also share a cautionary tale of someone who accumulated $200,000 in credit card debt and the lessons learned from that experience. Finally, Chris shares his win of the week, which is the launch of his private money coaching service. 📧 Connect with Chris at Monzon Wealth 📈 About The FI Guys: Welcome to The FI Guys, your go-to channel for all things related to financial independence, investing, and personal finance! We're passionate about helping you achieve your financial goals and gain control over your money. Subscribe now for weekly videos packed with tips, insights, and strategies to help you build wealth, save money, and live your best financial life! 🔔 Subscribe for More Content: 📌 Connect With Us: The Fi Guys WebsiteMonzon Wealth Facebook Instagram Twitter LinkedIn 📧 Contact Us: For FI Friday Feedback questions, business inquiries, or collaboration opportunities, please email us at: thefiguysvideopodcast@gmail.com 💬 Leave a Comment: We love hearing from our viewers! Share your thoughts, questions, or suggestions in the comments section below. We'll do our best to respond to each one. ⏰ Timecodes ⏰ 00:00 Introduction and Overview 02:58 Reviewing Spending and Assessing Income 07:48 Organizing Financial Documents 13:39 Evaluating and Updating Your Emergency Fund 20:52 Optimizing Subscriptions and Consolidating Accounts 24:41 Automating Bill Pay for Convenience and Timeliness 26:17 Checking Credit Health and Disputing Inaccuracies 29:31 Reviewing Insurance Coverage and Comparing Policies 29:00 Avoiding Financial Distress 31:21 Finding a Trustworthy Advisor 34:00 Updating Financial Goals 42:21 Viewer mailbag 53:27 Win of The Week #personalfinance #financialplanning #money ~~~~~~~ Disclaimer: The FI Guys is a podcast dedicated to providing general information and insights on a wide range of wealth-related topics. The views and opinions expressed in this podcast are those of the hosts and guests and do not constitute personalized financial advice. The content provided in this podcast is for educational and informational purposes only. It should not be considered a substitute for professional financial advice. Your financial situation and goals are unique, and the information provided here may not be applicable or suitable to your specific circumstances. We, the hosts and guests on The Fi Guys are not acting as your financial advisors. We are not aware of your individual financial situation, risk tolerance, or investment objectives. Any decisions or actions you take based on the information provided in this podcast are your own and made at your own risk. It is crucial to consult with a qualified financial advisor or professional who can provide advice tailored to your specific needs before making any financial decisions, investments, or taking any other actions. If you are seeking specified help, you can reach out to Chris at https://www.monzonwealth.com/
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Aug 5 202454 mins