What do you own and why do you own it?  It’s a simple question that we should all be able to answer when it comes to our investment choices.  Yet for most investors, it’s a question they do not have an answer for and more often than not, have not even thought about.  Many investors have no real idea how their money is currently invested or more importantly, how to invest based on their needs and goals.  They tend to listen to “experts” in magazines, on TV, on social media apps or, they follow the “advice” of their family and friends, who also may not have a full understanding of the investment choices.  So how should the average person approach investing when there are so many options to choose from and so much noise on what decisions to make?Tune into this episode of the MPowered Finance Podcast where we discuss the framework which will allow for investors to make the choices that will be most beneficial towards what they are trying to accomplish.  This framework is called the MPowered Finance Investment Hierarchy.Thank you for tuning in!

Would you consider withdrawing from your retirement savings to help pay for your child’s education?That was the question I asked on a LinkedIn poll last month.  The poll, which lasted two weeks long, received over 900 votes and had more than 150 comments.  Join me as I discuss the results and dive into the explanations left by those who commented.  Education planning like financial planning has no "one size fits all" approach.  You must find the plan that works for you and what you are trying to accomplish.  As a reminder, if you have questions on education planning, please refer back to Episode 5 of the MPowered Finance Podcast.  In that episode, I discuss what you need to know and consider when planning for your child's education expenses.  

Money is a tool that empowers us to live life on our own terms.  The wealthy and financially free understand this.  Do you?The MPowered Finance Podcast was created to help you better understand the financial system, so that you can use it to your advantage.  In this new series, "Ask a Financial Advisor", I will answer listener/viewer/reader questions with the hope that it will help you think about your finances in a different way.  My goal is to help you make a more informed decision based on your context and goals.    In this episode, I answer a question about paying down your mortgage faster vs investing that money, and another question about why you need to keep your emergency fund in cash instead of investing it.  If you have a question that you would like answered, please email [email protected] and I will do my best to include it on the next "Ask a Financial Advisor" episode.Thank you for tuning in!

We all pay into Social Security but do we really understand how it works?  Do we know how to maximize our benefits to get the most out of this income program?Unfortunately, most people are hurting their retirements by making costly decisions about Social Security.  These decisions have far-reaching consequences and should not be made without proper understanding. In this episode, we go over the program itself, how it works, how benefits are calculated/maximized, and how to think about claiming benefits to maximize not only your income but the income of your spouse.  My hope is that this episode will better prepare you to make the best decision for you and your family.  Thank you for tuning in and please leave a review if you enjoyed this episode and the others.

In this latest episode of the MPowered Finance Podcast, I discuss my previous role in financial sales and how it led me to become an independent financial advisor working with my father.  The industry as a whole has a big trust issue and in this episode, I explain why that is.  Please tune in to learn a little more about my backstory and how I became an independent financial advisor.  

In Episode 4 of the podcast, Sid Misra CFP®, discussed one of the most important questions a pre-retiree can ask themselves:  "What is my number?"How much money do I need to live the life that I want, in retirement?In this episode, Sid will go over the process of getting to your number, after you figure it out.You have a destination- what will it take to get there??Tune in to find out!

For most parents/guardians, putting their children through college and university is one of the largest expenses they will face.  The costs are only going up while the available aid and help has remained flat.How do you plan for higher education while not breaking the bank?How do you help put your kids through school without adversely affecting your own future?Tune into this episode where I discuss education planning and what you need to consider/factor into your planning.Those that plan have more money available for education and also have a better handle on how much they can truly contribute.Don't miss out on an informative episode!

What is my number?How much money do I need to live the life I want, in retirement?Join Sid Misra, CFP® as he dives into one of the most important questions that pre-retirees NEED to be able to answer.  Without figuring out your number and what you need to accomplish, you are flying blind in the journey to a secure retirement.Figure out your number, today!

You've most likely heard of Bitcoin; the digital currency changing our idea of how money can be used and controlledHow about NFT's?  Those Non-Fungible Tokens that are now all over the news?  Both are possible because of Blockchain- A new technology that will change how we use and store dataTune into this episode where Sid Misra, CFP explains what blockchain is, how it works, and what applications he sees it being used for (including NFT's)

What is the most overlooked and underrated factor in building wealth?It's not what you think.No, it's not some sexy investment you see on tv or read about online.It's not an investment strategy or even a philosophy.It is something more foundational and fundamental.Tune in to find out!If you enjoyed this episode, please subscribe and leave a review.Thank you!