PACIFIC CAPITAL, Corona, CA Videos

Why finding the right coach is the key to success
Here are 5 things you need to know about staying ahead of inflation: #1 Keep investing: Don’t throw in the towel on growth and move to only “safe” investments like cash and low-interest bonds. Inflation is real and you need your assets to grow. Keep your financial growth mindset. #2 Considering inflation-protected securities, such as Treasury Inflation-Protected Securities (TIPS), which are specifically designed to help protect against inflation. #3 Looking for ways to cut costs (and this can include contract negotiations, price comparison shopping, and eliminating unnecessary expenses). #4 Preparing to adjust your budget to account for these changes. #5 Keeping informed & work with a trusted financial team to ensure you are in good hands. What else would you add to this list? Leave in the comments 👇 #inflation #wealthmanagement #investingtips

If your actual financial advisor is focused on his/her goals and not YOUR goals, do yourself a favor: RUN AWAY!!!! Everything your financial advisor does should be designed to increase YOUR lifestyle and financial freedom by removing YOUR stress about money, increasing YOUR cash flow, and freeing up a ton of YOUR time. DO you see a common thread? It’s YOU! When you have a clear vision of your game plan, you feel more prepared for your future, which gives you more confidence in what direction you’re headed. You’re not as caught up in the hype of the news and find yourself worrying less often than people around you. And that literally improves your health. More peace of mind, less stress (stress accelerates aging and increases likelihood of disease or health problems). Avoid that and you’ll be enjoying your life and be freed up to focus more on who/what matters to you. Nothing could be more valuable than that. Agree? #financialadvisor #wealthmanagement #familyoffice

Fact: Everyone gets stressed about taxes
Fact: Everyone gets stressed about taxes. BUT YOU’RE NOT LIKE EVERYONE ELSE! 6 steps you can take to ease the process and lessen the stress: 1) Be organized first and foremost. Make sure you have all the paperwork you require and store them somewhere safe and convenient. 2) Make a checklist to make sure you don't forget anything, and instead of attempting to finish your taxes all at once, work on them in little, manageable chunks. 3) Don't forget to take pauses and take care of yourself. 4) Pacing oneself and taking breaks to rest and recharge is crucial because tax season can feel more like a marathon than a sprint. 5) Be sure to eat clean, exercise, and sleep enough. 6) Last, but not least: along with your CPA, have a financial advisor team. It relieves you of a majority of the stress and they make sure that everything is done correctly. The biggest expense you will always have is TAXES (Keep that in mind) Plan ahead. Plan throughout the entire year. Are taxes a challenge for you? #taxplanningstrategy #wealthmanagement #financialadvice

Giving your kids an allowance may not be beneficial!
Teaching your children healthy financial habits is a great way to empower them and invest in their’ future. Here are 7 tips to help you get started: 1. Lead by example: Children learn by observing, so make sure you're practicing good financial habits yourself. Show them the importance of saving, budgeting, and investing. 2. Start young: The earlier you start teaching your kids about money, the better. Even young children can learn the basics of saving and spending. 3. Make it fun: Use games and interactive activities to teach your kids about money. This can make the learning process more enjoyable and memorable. 4. No allowance: Give them opportunities to earn money by doing “EXTRA” chores. Basic home duties shouldn’t be rewarded – make them go above and beyond. 5. Teach the value of hard work: Explain to your kids that money doesn't grow on trees, and it takes hard work to earn it! 6. Open a savings account: Help your kids open a savings account and encourage them to make regular deposits. 7. Pay your kids to read books on personal finance and goal setting and turn in their book summaries. Remember, as a parent or grandparent, you have a unique opportunity to pass on valuable lessons to your kids/grandkids. Are you setting the kids around you up for a bright future? #financialliteracy #financialeducation GravyStack

Own don't operate
Saying yes to too many things causes us to be over-obligated and therefore less effective and less focused. The real way to create value at a high level is to ensure the value-creation proposition doesn’t always require your presence. But how? Over time, the bigger your businesses get and the more involved and connected you become, the more obligations you have your hands in. Your time management can get completely out of balance. When you’re extremely involved in so many different areas, you get good at being dependable but can overcommit. When you’re spread too thin, it’s impossible to give your highest and best self to any one thing, so you need to prioritize. Don't feel the need to be involved in every decision and allow the experts you’ve hired experts to do it. Delegate tasks = free up more time for yourself #businessowner #delegate #investinyourself

5 reasons why IP is worth investing in
Did you know that 85% of the S&P 500 market value is made up of intangible assets? (i.e. intellectual property, ideas) That means nearly all of the value of the largest companies in the S&P 500 is from their intellectual property. That is the #1 reason why you should be investing in IP Note: About 40 years ago it was 18%. As an 8 or 9 figure entrepreneur and investor, you might be underestimating (and underinvesting) in this valuable asset class Here are extra 5 reasons why IP is worth investing in: 👉 IP can give you exclusive rights to your creations, allowing you to prevent others from using or profiting from them without your permission. 👉 IP can be a source of revenue through licensing or selling your IP rights to others. 👉 IP can serve as collateral for loans or investments, providing a financial foundation for your business. 👉 IP can increase the value of your business, making it more attractive to potential investors or acquirers. 👉 IP can help you build a strong brand and reputation, which can lead to customer loyalty and a successful long-term business. Just make sure to do your due diligence and protect your IP rights properly to get the most out of your investment Looking to set yourself apart? Investing in IP is a smart move! #intellectualproperty #investingtips #wealthmanagement

Happy New Year
Did you know that writing down your goals and reviewing them daily drastically increases your success? One suggestion we'd make is to add the purpose to each goal you’ve set. Ask yourself, what impact would reaching this goal make? Why does it matter to me? Simply add the statement “SO THAT…” to help determine the purpose behind your goals. Then remember your "WHY" throughout the journey. This same principle applies to your financial goals. We know it can feel overwhelming to set financial goals. Spelling out your exact plans on paper might feel stressful, because once you do it, you’re going to be held accountable. Always remember: You can't hit a target you can't see, and you can't see a target you don't have. Happy News Year!!! #happynewyear #2023 #goalsetting

Merry Christmas 2022
We hope you are having a wonderful holiday season. This holiday season, may we all strive look at our relationships, health, and financial life to recognize and document what’s going well. “Whatever you focus on, grows. What you think about, expands.” – Robin Sharma Whatever holiday you personally celebrate or traditions you have this time of year, we hope you’re giving all of your attention to the good parts of your life. Merry Christmas!!!

How to find the right financial Team for you and your family?
When it comes to the moment you are looking for a financial advisor, you should expect these 6 things from the fiduciary Team: 1) They do not work for the same company where your financial account (or insurance policy) is held; 2) They are fully transparent regarding the costs your will pay for investment management, financial planning, and investments trades made on your behalf 3) They bring trust and integrity to the table 4) They “eat their own cooking” = They invest in the same kinds of financial vehicles they recommend 5) They have experience running a business (if that’s important in your situation) 6) They put your best interest first and Their only priorities are to help you succeed, and they only win when you win!!! That being said: Work with a financial advisor that will tell you the truth and not what you want to hear. Is your current Team really “eating Their own cooking”? #financialadvisor #financialplaning #wealthmanagement

Are your investments properly diversified?
Are your investments properly diversified? Newsflash: Your portfolio is not diversified just because you have accounts at different banks and investment companies, that’s simply, “brick and mortar” diversification. Growing your money in a variety of investments builds a solid foundation and provides opportunities to earn income from many different sources. The key to financial freedom is converting your earned income into investments that will grow and provide you with enough future passive income to pay for your lifestyle expenses. Diversify your sources of investment growth and income so you have a variety of "trees..." ones that bloom during different seasons and yield not only different fruits, but also provide future shade for your family as part of your legacy. You get the idea, right?. Here are 8 different investment categories (in no particular order) 1. Guaranteed Insurance Investments 2. Directly Owned Real Estate 3. Stock market investments 4. Private Equity 5. Real Estate Funds 6. Life Insurance 7. International Funds 8. Alternatives (Art, Commodities) Look at what your garden is missing, begin planting different seeds while nourishing the seeds you’ve already planted. You’d never want to rely on one tree to be the only source of sustenance… #investment #wealthmanagement #financialadvice

Own don't operate
Owners can fall prey to control issues. Can you relate to it? So, this post is for you… Owning , rather than operating dovetails with managing your attention. Don’t waste time trying to figure out how to do everything and insist on being both the visionary and the implementer of all decisions in your life. Instead, find the people who can help you do it, who you can hire to do it, or who can facilitate. You must be willing to trust the skills and abilities of others—and put your ego and obsession with control to the side. Allowing others the pace to grow, frees your attention to do your most important work. Sharing control serves you too, because you’re more likely to win. It’s important to be willing to let go and not get attached to the methods or the process. Have an outcome goal, but don’t be attached to the means of getting there. Be open to admitting you’re wrong. Be open to admitting someone else has a better idea than yours. Frankly, you shouldn’t care how you reach the target. If you have a faster and better way to get there, let’s go. Want to learn more? Find the book “Beyond the Money: 8 Lifestyle Shifts for Entrepreneurs with 8 Figures or More” at https://geni.us/BeyondtheMoney and the audiobook at https://a.co/d/hdhzXoD

Avoid timing the market
How often do you check the value of your investment accounts? 1) Every day 2) A few times a month 3) A few times a year 4) Never #FinancialPlanning #Investing #investorlife

Find someone you trust
Why does money stress you out? One of the biggest aspects of financial planning to understand is that you don’t need to be an expert yourself to achieve FINANCIAL FREEDOM! The only thing you need to do is find someone you trust and delegate the responsibility to the experts. It applies to all areas of your financial decisions: ➡️ Tax Planning ➡️ Investment Strategy ➡️ Goal Setting ➡️ Business planning ➡️ Philanthropy Management ➡️ Estate Coordination ➡️ Retirement planning ➡️ Family Counsel ➡️ Planning a family trip ➡️ Large Expenditure planning Anything you are not good at or don’t enjoy doing can be handled by someone who can do it for you. Your money exists to give you the security, the lifestyle, the freedom, and the time to do what you want with those whom you care about. Let the experts do their thing!!! If you’re someone who isn’t really ‘money-oriented’ and doesn’t like to deal with these kinds of things, you’re not alone and we need to talk: www.goalsconversation.com #wealthmanagement #financialplanning #financialfreedom

A successful aircraft purchase requires a clear understanding of the mission. As a busy business owner, running businesses, being an investor, having a family – you have a lot going on. It’s worth the time and money required to put the pieces together. Here are 8 steps to a successful aircraft transaction: 1) Engage aviation counsel & tax counsel 2) Complete tax analysis & ownership structuring planning + Determine makes, models, and price points that meet mission requirements 3) Identify aircraft + Negotiate + Sign letter of interest 4) Shop for financing (compare lenders, negotiate terms; provide due diligence disclosure financial information) + Shop for external management company 5) Negotiate/ execute purchase agreement + Sign loan term sheet + Select desired management company 6) Pre-buy inspection + Credit committee approval 7) Complete pre-buy inspection + Negotiate discrepancy repairs + Negotiate loan documents + Negotiate management company agreements 8) Prepare documentation to implement ownership & operating structure + Conduct dry run closing call(s) + Conduct closing A private aircraft offers a lot of benefits. With careful attention to detail, buying an airplane will become a rewarding experience that gives you a new-found sense of freedom and pride. Use your money wisely and you’ll have more time! If you’d like to schedule a time to talk about this type of big decision, please go to www.goalsconversation.com #familyoffice #wealthmanagement #privatejet #aircraft

Taxes are one of the biggest concerns of our clients. It is the biggest expense you have in your lifetime. Do taxes concern you too? If yes, you need to watch this video Learn more about our trademarked process, The Business Ownership Navigator™, at www.goalsconversation.com

PUT ON YOUR OXYGEN MASK FIRST
Taking care of yourself first is not selfish. With abundant wealth, you are in a position to help so many people in a variety of ways. But you’ve got to put on your oxygen mask first before trying to give oxygen to others. Have your financial life in order first! As always, we are here for you when you need us!

Life Insurance is not one size fits all
Just like other areas of financial planning, there are so many “rules of thumb” out there. When it comes to your family’s safety, there is no room for “blanket statements”. You need the perfect life insurance for you and your family. Your family is different from all other families though. Your family is your priority. Your family is everything! Do you really know what your family needs and what you are paying for? Is it right? Is it enough? Is it aligned with your financial strategies? #familyoffice #financialplanning #lifeinsurance

Our kids need to be taught this much earlier on at home AND in school. This will give them a much greater start in managing their finances, making wiser financial decisions, and being well prepared for the future. Listen to this podcast episode with Chad Willardson hosted by Wade Galt https://lnkd.in/gSKQ7gUA #podcast #financialeducation #familyoffice

Do you need more legs?
There are many ways to invest your money. Here are 6 common investments: 1. Individual Stocks 2. Index Funds 3. Crypto 4. Real Estate 5. Your own business 6. Your health The key to FINANCIAL FREEDOM is converting your earned income into investments that will grow in value and provide you with passive income in the future. REMEMBER: Concentration builds wealth, diversification preserves wealth! Regardless of your goal, having multiple streams of income is the foundation of any smart investment strategy. Do you know how much income you need to be stress free? #financialplanning

Do you even know how much you pay?
Do you feel like your advisor is focused on THEIR goals or YOUR goals? Some of the most common things we hear from people about their current financial advisor: 🚩 “I want a variety of investments, but my advisor says I should only have stocks and bonds.” 🚩 ”My advisor does not own any investment real estate or crypto, but somehow knows that I should have zero $$ allocated to those to areas.” 🚩 ”My advisor doesn’t really listen or understand my goals.” 🚩 ”I’m realizing my advisor doesn’t have a lot of personal net worth or experience investing in all these other areas. How can they give advice on it with zero experience?” 🚩 ”My advisor sent me a fee invoice for things I don’t even remember discussing that I’d be paying for.” 🚩 ”I’m being told to just hang in there but I don’t really know our investment strategy during volatile times.” You might relate to one or more of the frustrations. But, how can you identify a financial advisor that you can trust if you have no idea about finances, investments, financial planning, etc.? Here are 5 things to expect from a fiduciary: 1) They do not work for the same company where your financial account (or insurance policy) is held; 2) They are fully transparent regarding the costs your will pay for investment management, financial planning, and investments trades made on your behalf; 3) They bring trust and integrity to the table; 4) They “eat their own cooking” = They invest in the same kinds of financial vehicles they recommend; 5) They have experience running a business (if that’s important in your situation); Work with a fiduciary who puts your best interest first, whose only priorities are to help you succeed, and who only wins when you win!!! You need to be working with someone who is a great fit and is aligned with you! #financialadvice