In this special, two-guest episode, Eric talks to Brent Weiss and Holly Grosvenor about the different levels of financial advising available to clients and which one is right for which person.
- Financial coaching versus financial advising
- What are the levels of financial assistance available and which is right for each type of client
- Understanding what you’re trying to achieve financially and why
Guest Bio
Brent Weiss:
As a founding member of Facet Wealth, Brent brings over a decade of experience as a financial planner to support Facet’s mission of making high-quality financial advice more affordable and accessible to families that need it most. As chief evangelist, Brent guides the vision of Facet’s financial life planning experience, ensures consistent brand messaging internally and in the industry, and acts as a champion and advocate for the financial planning profession. As a believer in the empowering effects of financial planning on improving overall financial health and wellness, Brent is an ambassador for innovative next-generation planning solutions and the technology that will enable greater access.
Holly Grosvenor:
I grew up in a frugal household and was taught at a very young age to save. At the age of 19, I lost my father to a heart attack. My mother and I supported each other by learning as we navigated our way through the family finances. My father handled the finances but it wasn’t clear how to do simple tasks like pay the bills. I aged fast.
I learned more about insurance companies, credit card companies, hospitals, and wills than I ever thought I would, especially at such a young age. I made mistakes back then, like most people that age. Through trial and error, I learned that credit cards needed to be handled carefully and how to handle debtors. I understand how to handle debt. I have made it a point in my adult life that both individuals in each couple should be involved in the household finances.
Back in 2004, my husband and I had over $20,000 of school loans and credit card debt. After watching some financial advisers on TV talk about debt and growing wealth I was hooked. We managed to pay it off in under 4 years while still saving for our future retirement. We are very proud that we have been debt free except mortgage since 2008 and continue to have a high savings rate and have grown our wealth.
My husband and I are now working towards Financial Independence and Retiring Early. Financial Independence is simply the ability to live off your investments and not have to work. Yes, you read that right: not have to work.
As a Financial Coach, I can teach you all the basics of personal finance including budgeting, retirement, goal setting and a savings plan to increase your savings. I truly believe that anyone can achieve financial independence. I will help you with a plan to reach your goals. It doesn’t matter what your income level or assets are. I can help!
