Jennifer and Justin are unsure what the proper order of operations should be. Should they pay-off student loans, invest, or buy a house?
After “roughing” it through medical school and dead-end sales jobs, they are finally making a nice living. Between happy hours, Saturday brunching, and keeping up with their friend’s bachelor/bachelorette parties and weddings, they just cannot adequately track their cash and it seems like they are going nowhere, and fast. The thought of saying no and saving and investing for their future gives them major FOMO.
Jennifer and Justin want to create great memories together and see the world before they bring small humans into the world.
Their future earnings are bright, but procrastination and simple financial mishaps could cost them millions of dollars over their lifetime:
Procrastinating because of lack of clarity is their biggest nemesis.
- Cost of “waiting” to invest
- Mishaps over student loan forgiveness programs, private refinances, and potential tax bombs
- Purchasing too much home for their goals, or renting for the wrong reasons
- Failing to “merge” finances and create accountability as a couple
By engaging a professional, they will not fall victim to procrastination, and they will have someone help them take tactical steps in the right direction.
As they approach their 30’s, they realize the importance of having a trusted partner to help them make smart financial decisions and manage trade-offs in life.