On this episode of the podcast, Shannon is joined by Wallis Wilkinson Tsai, founder and CEO of Above Board Financial. Financial planning is important for parents and shouldn’t be overlooked, but it can be challenging to know where to start, especially coming off of the year 2020. For many parents, their finances changed in 2020, so Wallis shares thoughts and advice for creating a financial action plan for the new year.
It is Critical to Plan Ahead
2020 taught us a lot, including that the unexpected can happen, so it’s important to plan in advance. This is the time to assess what happened last year financially and what your priorities are moving forward. Wallis reminds us that your own financial stability is the greatest gift you can give your kids.
Take the First Step
When it comes to getting your legal or financial plans in place, we encourage you to start with just one step and go from there. A great place to start is the free financial action plan from Above Board Financial which will help you get clear on what your first step might be. Adulting isn’t always fun, but Wallis helps make it clear how to take control of your finances.
Resources mentioned
Check out Above Board Financial’s free Financial Action Plan
Sometimes you have to start adulting
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