Happy Thanksgiving!
Happy Thanksgiving in advance! I hope you and your family have an amazing holiday! In our quest to hit all fifty states before the kids are out of high school, we visited Baltimore, Annapolis, Dover, Philadelphia, and New York City over MEA break. We’re now halfway there!
Kristin’s been traveling for work which is both good and bad. The good news is she was in Ohio, Indiana, Illinois, and Michigan last week trying to scope out things to do with the kids when we visit. The bad news is I had to brush up on algebra to help Elle with her homework.
Education is one thing no one can take away from you.
One of the things I am most thankful for from my youth was the opportunity to go to college at St. Thomas. Some of my best friends, including my running buddy Justin who lives down the street,were made there. If anyone is up for doing a Turkey Trot this year, let me know!
I also had the opportunity to start my professional career as intern at Student Paths. Chris Wills was the valedictorian of his high school class but didn’t have the best guidance counselor. As a result, he started Student Paths to help high schoolers prepare for their next chapter.
An investment in knowledge pays the best interest!
If that interest financially accrues for you, you may want to have an estate plan. We had a nice turnout for our lunch and learn at Safe Harbor Estate Law last week. Margaret has a lot of content we covered on YouTube so check out her channel to see what you missed!
After the event, I decided I wanted to continue offering learning opportunities for you! I reached out to Chris Wills, because he started another business, “College Inside Track” to helps parents and students navigate the financial aid process of applying for colleges.
If you have a student (or grandchild) who is in high school, we will be co-hosting a Zoom call from 12 - 1 PM on December 13th with College Inside Track to discuss the FAFSA and other tips of maximizing grants and scholarships. Email me if you’d like the Zoom Link (or recording)!
If you don’t find a way to make money while you sleep, you will work until you die
The money you make while you sleep is considered passive income by the IRS. This includes dividends, interest income, and rental income (for most - though some are considered active.)
Ninety percent of all millionaires are invested in real estate and eighty percent became millionaires from their real estate. Most of our real estate investors buy in the winter to avoid the spring rush.
If you’ve ever considered investing in real estate, give me a call or send me an email to connect! Also, if you know anyone looking to buy their first home, Fannie Mae now has a low-down program for owner occupied investors on 2-4 unit homes. Don’t let them wait until spring!
