Florida Veterinary Advisors
Financial Masterclasses
Learn Why We Created These Masterclasses
Course Library
Steps to Making Your Financial Decisions Easy
Nine 10-Minute Videos
Total Time Investment: 90 Minutes
We are bombarded with financial news, entertainers, and opinions everywhere. When making financial decisions with all the outside noise, we often lose direction in what we truly want from our lives. The best place to start with financial planning is to take a close look at your finances from the big picture, similar to when looking out the window of an airplane at 30,000 feet. In this course, we are going to walk through simple steps that you can take to coordinate all your financial decisions, from protecting yourself, saving money, paying debt, and eventually not having to work for a paycheck.
Learning Objectives:
- Find out the enemies in your finances.
- Get a clear picture of your finances by organizing everything.
- Define your Reasons for Planning (RFPs) to find out what you really want.
The Fun Side of Insurance Planning
Six 10-Minute Videos
Total Time Investment: 60 Minutes
Many people will avoid purchasing insurance because they get caught up up thinking about how much it will cost them. For example, people drive around with not enough liability on their auto insurance, and they may own the wrong disability insurance. There is a common misconception that when someone buys an insurance policy, they are good to go and will check off that box. Sadly, there are catastrophic events that happen in people’s lives that result in them learning the hard way and having to modify their lives. We’re going to walk through what being “fully protected” means, how to differentiate between needed and wanted coverage, and provide information so you can take that next step to better protect yourself.
Learning Objectives:
- Full protection does not always mean you are fully protected.
- Learn the difference between insurance “wants” and “needs.”
- How to get information of what is available for you.
Finding Your “Risk Personality”
Six 10-Minute Videos
Total Time Investment: 60 Minutes
Our society greatly misunderstands the risks we take in life and how to manage them. For example, many people invest in risky stocks and later find themselves feeling helpless when the account goes down a significant amount, unsure of what to do next. This masterclass will go through a few exercises and review lasting wisdom that has vanished from conventional understanding. We will review how your decisions can increase or decrease your risk of accomplishing the many goals that you have in the many areas of your life. Also, we will wrap it up with a few ungoogleable pieces of information that can help you gain a true understanding as to why investing is a great thing to do and pursue.
Learning Objectives:
- Your perceived acceptance of risk can be different from what you can handle.
- How to invest no matter your risk tolerance.
- “Ungoogleable” information to know before investing.
Take Control by Saving and Paying Off Debt
Six 10-Minute Videos
Total Time Investment: 60 Minutes
You might have heard the phrase that “debt is bad,” and sometimes that is true. However, veterinarians are in a different position than the rest of America. Debt is viewed poorly because people often misuse it and believe that they’re losing money because they have to repay someone with interest. When debt becomes the primary focus, you can easily lose control and flexibility in life. We cannot get back time, and the more we focus on just accomplishing one thing, the more we often will have regrets later. When approaching your finances, we want to focus on saving first and then paying debt. As we go through this course, we’ll discuss how people misunderstand the use of debt, build out a structure that can help you save the most money, and implement a spending plan that can actually work for you in the long term.
Learning Objectives:
- Your debt can be a great tool but is detrimental when used for the wrong purposes.
- How to create a savings structure that can help minimize lifestyle addiction and maintain control.
- How to effectively implement and maintain a spending plan.
How to Handle Early Life Milestones
Six 10-Minute Videos
Total Time Investment: 60 Minutes
In the first few years of life, we all experience a lot of similar milestones: buying a car, buying a home, getting married, etc. When it comes to making financial decisions, it can be difficult to know what the proper order should be with all of the tiny decisions that go into making big goals come true. For example, what should you do first when looking to buy a home: contact a real estate agent or a mortgage broker? What information are those professionals going to need to help you get into the home that you want? This masterclass will focus on a few different milestones and the order of action steps to take in order to ensure you don’t find yourself saying, “I really wish I had known that before I made the decision I did…”
Learning Objectives:
- Regret-free decision making.
- Gain an understanding of the process.
- An action plan to handle financial early life milestones.