Hear from Nic Nielsen, CFP®, co-founder of Know My Plan, on the unique challenges that face sales execs (and anyone else with variable income) have to face with their personal finances
Follow for more interviews and tips!
For more info on Nic and his company, check out his website: https://knowmyplan.com/
00:00 Intro
00:40 Why the Sales Exec niche?
01:28 Unique challenges of sales execs
03:36 Nic's Financial Order of Operations
05:54 Emergency Funds
08:49 Roth vs Traditional
10:17 Backdoor Roth
12:42 Virtual vs In-person advice
16:11 Different Financial Advisor Fee Structures
24:30 Financial Planning vs Mortgage compensation
26:00 Benefits of social media to find an advisor
28:08 Nic's contact info
Disclaimer: The information provided is for general informational purposes only and should not be construed as financial, legal, or tax advice. Always consult with a qualified professional before making any financial, legal, or tax-related decisions.
