Shows
We Make Money FunThe Epidemic - Parents taking care of grown kids We all have a family culture where parents take care of their children until they grow up, sometimes allowing them to neglect their responsibilities because they are with us.In this episode, Melisa Horn and Alden Rowe from Heritage Financial Strategies discussed an article that reveals 45% of adult children receive financial support from their parents, even after graduating college. The support includes groceries, rent, tuition fees, and more. The conversation touches on the impact of economic crises on millennials' financial situations and the importance of having a clear vision for one's future to build momentum toward financial i...2023-08-0824 minWe Make Money Fun529 PlansToday, Alden Rowe is back with Jon Gay to talk about 529 savings plans - used for educational expenses.While some details vary between states, a 529 plan has special tax savings on the way in, and on its growth (similar to a Roth), as long as that money is being used for educational expenses. Sure, that includes tuition and room & board. But it can be applied to a number of other things, like textbooks, computers, off-campus housing (within reason), and even primary education up through grade 12. They can also be applied to trade school education.Different rel...2022-06-0113 minWe Make Money FunHow to Apply for College Financial AidThe team at Heritage Financial Strategies really takes a family approach to helping you with your finances. Today, we take that approach quite literally. Alden Rowe brings in his dad, Tom Rowe, who used work in a college's financial aid office.Going to college can be daunting enough, without figuring out how to pay for it. Tom walks us through the process, starting with the FAFSA - the Free Application for Federal Student Aid. The FAFSA can be found on FAFSA.gov, which redirects you to https://studentaid.gov. There are scammers out there, so be sure your...2022-05-1814 minWe Make Money FunMeet The Heritage Team: AldenToday, Shanna Tingom introduces us to the newest member of the Heritage Team, Alden Rowe. Alden joins us having worked with Heritage's broker dealer, Cambridge Investment Research.Alden explains the decision to move to the advisor side of the industry and his desire to help clients with their financial futures, from a 360 degree perspective.Alden and Shanna share a passion for a financial planning first model to working with clients. They also share a passion for dogs, and Alden tells us why his pup may be a fugitive. Find Heritage Financial on the web...2020-11-2314 min