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financial planning

brightpeak financial, finances, money, financial planning

Disclosure: This is a compensated campaign about financial planning in collaboration with brightpeak financial® and Latina Bloggers Connect.

For as long as I can remember, I’ve worried about my finances. I grew up poor. A child of a good Catholic immigrant and a southern housewife. There were six children and only my father worked outside of the home because it was important to my parents that my mom be home with us to guide us. I’m thankful that my mom was able to be home with us and grateful that I am able to do the same for my girls. I feel like childhood is fleeting so every moment and memory that I can attend to soak in with my children is precious to me.

The only downside of having only one parent who worked was that we never had a lot of money. So, I grew up anxious about finances. I’m still anxious about money. It’s just one of those things that I’ve learned to deal with by being financially responsible and prioritizing what is worth the cost. I always prefer to keep a cushion in my savings account and when it gets below a certain level, I have a bit of a freak out but that’s the extent of it. I have no real plan in place.

I need to have a financial plan rather than just trying to save a little bit in my savings account. I may as well be stuffing money under my mattress. Unfortunately, I wasn’t taught how to do this by my parents. They didn’t have money  to save. There were no college tuitions saved for us. There was no retirement fund. There was a pay-the-bills, live paycheck-to-paycheck mentality and it is not for me. Yet, here I am repeating history.

I’m interested in finding tips, information and guidance to avoid the same financial fate as my parents, but I’ve never felt confident enough to make an appointment with a financial planner. I feel like either they’d laugh at me or simply just shake their head in disbelief at my naiveté. Part of me is afraid to face just how behind we are in saving for our retirement and the girls’ college tuitions. A a parent, you must also consider opening a savings account on The Children’s ISA to ensure your child’s future but if you move abroad after already opening an account then you are not allowed to make payments into the account.

Because to be really honest, besides the fact that we make a lot more money than my parents did and we both work and we only have two kids, our debt is much higher. More money, more problems and all of that good stuff. I blame the fact that when we were in college they were handing out credit cards in the quad like candy to babies. We all took it and now, we are paying for it, literally. That, and the fact that we had no prior knowledge as to how finances and the real world work.

I needed guidance, and when I was presented with the opportunity to partner with brightpeak financial, a new company for a new way of doing things that’s actually built for people, not for profit, I was thrilled. They help people like me who want to put the real stuff in our lives like faith, family, fulfillment and quality of life first while being smart with our money, see the post about wealth management plans from Hawley Advisors.

With their new program MoneyMyth.org, brightpeak is using the concept of mythical creatures to bring attention to a common myth in personal finance: the misconception that only wealthy people need a financial plan. The truth is if you have an income and expenses (and who doesn’t?) you need a financial plan.


They believe that life is more than money and families shouldn’t have to compromise their values to be financially successful. They know that stronger families create a better world and stronger communities. Through the MYTHS program they are allowing individuals and families to create a financial profile by answering only three multiple-choice questions. This just so happens to be a great way to start a financial plan. I answered the questions, which were basically prioritizing my financial goals, and it presented me with helpful tips and articles on how to get started towards those goals. It was that easy.

brightpeak financial, finances, money, financial planning

The Money Myth program is about more than just saving money, it’s about the spirit of community and helping one another succeed. It’s about turning risks into security by planning ahead and knowing what your goals are in life. Prioritizing and turning wishes into reality.

How are you financial planning for your family’s future?

This is a sponsored campaign written by me on behalf of Brightpeak Financial and WeAllGrow Latina. The opinions and text are all mine.


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retirement, gold iras, planning for your future

Like most moms, I handle the finances in our household. Lately, I’ve been focusing more and more on our future and long-term financial stability versus the instant gratification that I normally allow us.

It’s becoming increasingly more about saving for the future, the forever home we want to have our grandchildren come to visit and the family vacations we want to take. We are thinking about what we want our retirement to look like not just what we want today or tomorrow to be. We should be looking to be Independent regardless of being old. It’s time to set aside sufficient resources in order to afford ourselves home health care instead of having our kids carry that burden.

Lately, I’ve been looking at wonderful retirement homes like peachtreehillsplace.com/theterraces/ and I’m amazed how tranquil that place is. You can visit web site to know more about assisted living.

It’s always felt like we’re just ahead of the financial curve. We work hard and make good money but we are not the best at budgeting and we like to maintain a certain way of life. Sometimes we say yes, when we know we should say no to our children. When unforeseen expenses occur, it gets uncomfortable. When if we were just slightly more financially responsible or just stuck to a budget, it would all be so much easier. Staying disciplined financially is essential when we want to opt for home care during our retirement years because we don’t want our children to be paying for it.

I remember when we were first thinking of having children all those years ago, we felt like we would never be financially ready. Then someone gave me the best advice I’ve ever gotten; there is never enough money and there is never a perfect time to do anything, especially having a baby. It’s true. Children are expensive: more expensive than I ever imagined but we figured it out.

The thing no one ever tells you, as a parent is that what’s really the expense is loving them so much that you want to give them everything. It’s an innate desire of all parents to want to give their child the best and that is where excess easily creeps in and that’s when budgets fly out the window and that, my friends, is where we seem to drop the ball but that has to change.

But I do believe that with a little practicality and planning things can go a little more smoothly in life than if we continue on this road of continual instant gratification. I completely realize that you can’t take “it” with you. I don’t really believe in saving anything for a special occasion and I don’t want to spend my entire life agonizing over every single purchase I ever make but I also don’t want to find myself with no nest egg when the time for retirement comes so I’ve started looking into different ways to get retirement help.

One option that I find intriguing is a gold IRA retirement account . A gold IRA or precious metals IRA is an Individual Retirement Account in which physical gold is held in custody for the benefit of the IRA account owner. It functions the same as a regular IRA, only instead of holding paper assets, it holds physical bullion coins or bars.

Why consider holding physical gold in an Individual Retirement Account? Because, when my family’s future is at stake, I want to bet on a sure thing. I don’t want our entire retirement hinged on the state of the economy. Our future is too precious to leave to such chance so I think investing in gold IRAs is a more secure investment.

How are you saving for your future?

Disclosure: This is a compensated post but all opinions are my own.

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