This may be my debut podcast episode, but it certainly isn’t my first rodeo when it comes to delivering financial planning advice to Gen X-ers and Millennials. Episode #1 of Gen X & Millennial Money Radio will be short and sweet, providing you with a little bit of information regarding myself, my background, and what’s to come in future episodes.
In this episode…
– My experience [2:14]
– My credentials [2:34]
– Why this podcast was created [3:57]
Show notes, links, references, and takeaways from this episode…
Hey fellow Gen X-ers & Millennials. This is Sean Rogers. I am very excited to welcome you to Episode #1 of Gen X & Millennial Money Radio. I started listening to podcasts on iTunes close to two years ago and quickly got hooked. The amount of free, high quality information that I have consumed via podcast media is substantial…and the value that it has provided me would be difficult to quantify…but I have learned so much and feel that in some ways I have developed a personal relationship with many of the people that I have listened to through their educational content.
I have a lot to say related to the arena of personal finance, and at some point, I started wondering if I could develop the confidence in myself and the courage necessary to launch my own podcast. Over time I started building a plan to get up and running and here I am delivering episode #1.
You may be wondering what qualifies me to provide personal financial information and advice…and to Gen X-ers & Millennials in particular. You can check me out at rogers-f-i-n.com for more information, but the purpose of this episode is to provide you some background on me and help you to understand why you should consider listening to what I have to say. So here we go:
My age and positioning in the generational spectrum
I was born in 1981, making me 36 today and placing me right in the middle of the divide between Gen X and Millennials depending on whose definition you are measuring by. As I have learned a bit about the two generations and their stereotypical tendencies, I have concluded that I really am a mix of the two. This should matter to you because I can relate to you. I am in a similar, if not identical season of life. In short, I get it…I can see the world through a similar lens and help to quickly cut through the clutter and make sense of your financial life as a result.
I have been working in the financial services industry for over a decade, starting in the mortgage industry in 2006 and then transitioning to the world of financial planning, insurance, and investments late in 2007. So even though I am young for what I do by many people’s standards, I have enough experience behind me to not only understand the academic side of financial planning, but also how it works in the real world.
I am a CERTIFIED FINANCIAL PLANNERTM professional. In order to become and remain a CERTIFIED FINANCIAL PLANNERTM professional, I must adhere to what the CFP Board refers to as the 4 E’s, which are:
Without going into too much detail, to satisfy these requirements there is a substantial amount of coursework and testing, and a final comprehensive examination. Additionally, candidates must meet certain experience and ethics requirements at the time of application and on an ongoing basis.
Why it is important to work with an independent, fee-only financial planner
I am totally independent and am a fee-only financial planner. This is important to know because a very large percentage of the people working in the financial services industry work for a big insurance or investment company with motives and agendas of their own. Most of these companies operate using a sketchy compensation structure that by design can put the interest of advisors and their clients in direct conflict with one another. I know all about this from personal experience and the industry flaws that I saw are what motivated me to start my own firm.
I won’t go into too much detail on this topic in this episode, but you can be sure that I will in future conversations. But the key takeaway here is that I am a fee-only financial planner. This means that I am only paid directly by my clients for the services and advice that I provide. I do not sell products or receive any sort of 3rd party commission as a result of the recommendations that I make to my clients. I do everything that I can to create a pure and conflict-free environment for my clients, giving them confidence that I am sitting on the same side of the table that they are when it comes to making important financial decisions.
Why this podcast was created
I created this podcast with the idea that it would be a platform that would allow me to bring you, my peers, relevant, competent, and conflict free financial information and advice in a safe & encouraging environment. If you have questions for me, I’d like to hear them. To ask a question that you would like answered on in a future episode or suggest a specific person that you think I should bring on the show, you can let me know at rogers-f-i-n.com/podcast-question. I have quite a bit already lined up to talk about but I’m really interested in knowing what things are on your mind and will do the best that I can to answer every question that I can or get someone onto the show that can shed light on the topic.
Topics that will be covered in future episodes
Outside of your specific questions, episodes will feature myself and other guest experts helping to educate you on topics like:
– how to select and hire the right financial advisor
– how to get financially organized
– how to set and prioritize financial goals
– how to create your personal or family financial statements
– how to build and stick to a budget
– how to get out of debt
– how to protect yourself and/or your family using insurance products and other risk management techniques
– how to make sure you set up the ownership and beneficiary designations on your financial accounts properly
– things to consider when setting up a will or trust
– how to integrate income tax planning into your financial plan
– how to develop a retirement strategy based on your unique goals and circumstances
– how to set up a college savings strategy
– how to best manage your own investments or hire someone to do it for you
– …and much more.
So, thank you for tuning into my 1st episode of Gen X & Millennial Money Radio. I know that we really didn’t dig into any specific personal finance or financial planning topics today, but I hope that as we close out this conversation you can see that it is worth the investment of your time to subscribe and tune in for future episodes. I will look forward to talking to you soon.