Why a LearnVest Financial Plan is Worth Every Penny
Financial planning has long been associated with the wealthy. But in reality, it can and should be accessible to everyone at an affordable cost. Regardless of your financial habits, everybody can benefit from a financial plan. Wouldn't it be comforting to know that you have a savings account, a retirement plan, can afford your monthly bills, and have some wiggle room for a vacation? Many people try to handle their finances on their own, but the vast majority of Americans live paycheck to paycheck, and don't properly prepare for the unexpected. A financial planner can work with you to get organized. We believe that the best financial planner is one that sees your goals from a holistic point of view. A leading company, LearnVest, is on a mission is to change the way people feel about their money.
LearnVest is a different kind of financial planner that provides a customized, comprehensive plan with the ease and convenience of an online service. All for a fraction of the cost of a typical financial planner, LearnVest assigns you a LearnVest Planner or Investment Advisor Representative (FINRA Series 65) to take you through your custom-built plan, step-by-step, to help get on track within a realistic timeline.
When you sign up, your financial planner will schedule a call to discuss your goals, dreams, and hurdles. If you're too busy, they'll find time to work with you on weekends or after work hours, and are always available by email 24 hours a day. After your initial consultation, you will receive a comprehensive financial plan with a detailed budget, a snapshot of your current finances, and a strategy to move forward. This is the blueprint for achieving your goals. You agree on the path to move forward and LearnVest makes it easy to stick to it. Once your budget is established, the next step is to look at retirement, credit cards, and an emergency fund.
Many people are confused when it comes to saving for retirement. The retirement section of your plan will set forth an action plan based on your current projected retirement salary and replacement ratio. LearnVest will recommend the best retirement account for you, whether it be a 401(k), Roth 401(k), or IRA. You will talk about what you need for your nest egg, and what to put away now to help you get there.
Credit cards are a huge emotional burden. Getting out of a credit card debt cycle can sometimes feel never-ending. The planner will advise that you start by eliminating debt with the highest interest rate first, prioritizing paydown order, and telling you what to do each step of the way. You will also get a debt-free date to mark on your calendar!
The most critical part of your plan is an emergency fund because it helps keep you from going into debt. In case of an emergency, you typically want to avoid using your credit cards or withdrawing from your retirement fund. Usually, LearnVest recommends having 6 months of take home pay in the bank as a safety net. LearnVest will help you determine an appropriate amount of funds to build your emergency fund and help you budget to meet that number.
Your financial plan may also include information on next steps. Can you afford a mortgage? When will you be able to buy your dream house? You'll also get recommendations about insurance policies and documents such as a will, trust, and beneficiary forms based on your personal picture and goals. With your carefully calculated budget, you can check off items on your financial calendar, get reminders, and manage your progress from the program dashboard.
Along with your personalized financial plan, you'll get quarterly check ins from your financial planner. You'll also have access to a host of free tools including classes, events and articles that can give you tips to stay on your path to financial freedom.
While most people need some help with their finances, many are reluctant to get started. LearnVest's free tools are designed to help get your feet in the water, and their premium service will help you on your way to achieving your financial goals.
LearnVest Planning Services is a registered investment adviser and subsidiary of LearnVest, Inc. that provides financial plans for its clients. Information shown is for illustrative purposes only and is not intended as investment advice. Please consult a financial adviser for advice specific to your financial situation. LearnVest, Inc. is wholly owned by NM Planning, LLC, a subsidiary of The Northwestern Mutual Life Insurance Company.
Every time payday rolls around, I’m on top of the world. Jeff Bezos-level rich - even though I’m anything but. And then somehow the very next day, rent is due.
The cycle continues. The next payday, bills for my apartment. I find myself without a surplus of savings since I just moved and newly-furnished my apartment completely.
Even more terrifying is the looming presence of the holiday season. Halloween’s officially over and before we know it, hello Thanksgiving…and then there’s Hanukkah, Christmas, New Year’s. It’s insane.
I’ve been feeling very British lately. Not in a Union-Jack-obsessed, “Keep Calm and Carry-On” way. I went through that phase in 2012 with everyone else… no thank you. And it’s not even a surge of patriotism catalyzed by the Queen dying — I’m firmly team Diana and team Meghan.
Now that fall is officially here, the holidays will sweep in and I’ll have to contend with the fact that I won’t be spending them with my family in the UK. I went home to London earlier this year, so there’s not much left in my travel budget for another trip across the pond. A few domestic jaunts might be in my future, but the closest I’ll get to England this winter is watching Love Island and Love, Actually.
So in that spirit, I’ve been filling my days with content from my favorite Brits. I’m listening to all the old British rock bands I grew up listening to, patiently awaiting the new Arctic Monkeys album, and rewatching anything with Michaela Coel in it. I even shipped myself an order of British Baked Beans, so you know it’s dire.
I’ve also been watching British YouTubers like Grace Beverley — my favorite. Generally, I only go on YouTube to watch Vogue Beauty Secrets and AD Open Door videos. But I’m so glad I stumbled on Grace. Her content is a mix of London lifestyle (what lured me in), relatable entrepreneurship, and mindful productivity. I’m not a hustle-and-grind-girlboss, but as a creative person in a 9-to-5, I need all the help I can get to stay plugged in. So, the video “how to be really really really productive without getting overwhelmed” changed my approach to WFH.
Grace outlines her own productivity method: the to-do table. Instead of making a simple to-do list, she divides her tasks into a table that anyone can follow. As someone who’s survived with to-do lists for years, I recently implemented Grace’s method, and it’s revolutionized my workdays.
how to be really really really productive without getting overwhelmedwww.youtube.com
I follow her routine to a tee. Here’s how it works:
Essentially, she divides her daily responsibilities into four categories: quick ticks, tasks, projects, and non-negotiables.
- Quick Ticks: Actions that take less than 5-minutes
- Tasks: To-do’s that take up to 30-minutes. Probably don’t take too much brain energy.
- Projects: Long-term list items. These help guide your priorities, even if you’re not crossing them off in one day.
- Non-negotiables: Pick 3 things each day that you must get done. This is how you’ll truly measure success.
With everything written down and sorted, next address your schedule. Meetings, deadlines, and time blocks — whatever works best for you. Write it down. Then make a pact with yourself to stick to them.
This way of categorization provides a roadmap for prioritizing your day — making you far more productive. Have you ever spent the entire day on small tasks and then suddenly realized you hadn’t moved the needle on any task? Or do you spend way too much time on tasks that aren’t a priority? No more. With your non-negotiables laid out, you know what to laser-focus on and what to dedicate energy towards.
Also, it pays to know your working style. I’m not a morning person. Yet, I have to be up and at ‘em super early. So, first thing in the morning, I march through my Quick Ticks to warm me up. I set a time limit, so I can knock out some easy wins which is totally inspiring. Then I move on to bigger things without lingering on emails or admin. For others, it might be more helpful to tackle the big things with all that early-in-the-day brain power earlier.
Grace has great tips on avoiding overwhelm and burnout. My favorite is taking more intentional breaks rather than scrolling through social media. I call this scrolling “productive” because I’m “coming up with pitches.” Oh, the lies we tell ourselves. It’s more productive in the long run to giving my brain a break with non-screen related stimuli.
Grace’s solution? Set a timer to read a real, an actual book. I’ve never thought of this. It’s a genius way to check off some books on my TBR and kickstart my creativity. After reading a good book, I’m completely inspired to write. So having books near my desk helps me step away from the computer during my lunch break for an actual reset. (And yes, the current books I’m reading are by British authors: Assembly by Natasha Brown, and Love in Color: Mythical Tales from Around the World, Retold by Bolu Babalolu.)
In my pursuit of switching out my WFH set-up and getting my life together, I’ve engineered my workstation for success. With my new WFH essentials and Grace’s productivity technique, I’m revitalized for work — despite the fall blues and my melancholy about the pending holidays.
Here are the things getting me hyped for work and helping me crush my Grace Beverley-inspired to-do tables — no lists in sight:
Pack your bags — Southwest Airlines is having a major sale! Fares are as low as $59 one-way if you book by October 3rd.
This end-of-summer super sale is a game-changer for your travel plans through the end of the year. Summertime travel gets all the glory. But why not take advantage of your long weekends, holidays, and PTO this fall. You’ll be surprised at how much travel you can fit in. Keep the fall/winter season exciting with domestic trips that give you all the excitement without breaking the bank. All thanks to Southwest.
Here’s the breakdown:
Where can you go?
You’ll find discounted tickets to and from most airports. Sale fares apply to cross country travel, and even Hawaii, Mexico, and the Caribbean! Whether you’re visiting a new city or revisiting your last beach vacation, this sale has fares to make your travel dreams come true.
What do the fares cover?
Southwest Airlines has multiple fare tiers, each with various benefits. Wanna Get Away fares start at $59, while Wanna Get Away Plus fares start at $89. You can also find great deals on Anytime fares, which offer priority boarding and express lanes. Then there’s Business Select tickets for a luxe experience at an affordable price point.
Do you have to be a Southwest Rapid Rewards member?
You may think these sale fares are too good to be true. Is there a catch? Do you have to be a Southwest Rapid Rewards member to access them? You’re in luck — anyone can attain these fares for a limited time.
But, insider tip, you should consider signing up for Southwest Rapid Rewards. With a free sign up, you earn points and miles with each trip you take. And with this sale, each dollar you spend on these discounted tix can stretch super far until you eventually earn free travel. The only thing better than a sale is free stuff.
I’ve been browsing the Southwest Airlines site, checking out flights and dreaming.