Tag Archives: Financial Planning

The Basics of Comprehensive Financial Planning (Ep. 22)

September 27, 2023Education, Finances, Financial Advisor, Financial Planning, Retirement, Uncategorized, WealthAssets, Benefits, Blue Barn Wealth, Financial, Financial Planning, Financial Strategies, Investments, Podcast, Retirement, Savings, Your Path to Real WealthYour-Path-to-Real-Wealth

You could have the best financial plan only to worry when dealing with an emergency. How can you avoid feeling uncertain about your plan before that happens?

In this episode, Jeff Brimhall, Ph.D., CFP®, CFA, and Benjamin Cummings, Ph.D., CFP®, focus on what comprehensive financial planning means and what it looks like for clients. They explore strategies to focus a financial plan on the client’s needs and goals while sharing tips to prevent miscommunication with loved ones in case of an emergency.

Jeff and Ben discuss:

The value of a comprehensive financial plan
The role of an advisor in building a client’s dream future
What’s included in a comprehensive financial plan
How estate planning benefits from a comprehensive financial plan
And more

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Discover The Power of 1031 Exchanges with Lonnie Nielson (Ep. 19)

August 9, 2023Education, Finances, Financial Advisor, Financial Planning, Retirement, Uncategorized, Wealth1031 Exchange, Blue Barn Wealth, Capital Gains Taxes, Financial, Financial Planning, Investing, Podcast, Property Investment, Real Estate, Tax Strategies, Your Path to Real WealthYour-Path-to-Real-Wealth

Are you a property investor looking to maximize your profits while minimizing your tax liability?

Join Jeff Brimhall, Ph.D., CFP®, CFA, and Benjamin Cummings, Ph.D., CFP® for this exciting new episode that dives deep into the world of 1031 exchanges.

Listen in as they are joined by Lonnie Nielson, a specialist in 1031 exchanges and the Transaction Coordinator at 1031 Pros. Together they explore the ins and outs of this tax-saving tool and how it can benefit real estate investors.

Gain insight into:

The definition and concept of a 1031 exchange and how it benefits investors
How a broad range of properties can qualify for a 1031 exchange
A few of the timeframes and guidelines associated with 1031 exchanges to ensure compliance and avoiding unnecessary tax burdens
Real-life examples that demonstrate the evolution of 1031 exchanges
And more

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About Our Guest:

Lonnie Neilson has been involved with 1031 exchanges for over 30 years. He started his firm, 1031 Pros early in his career, and has assisted investors with over 18,000 exchanges over the years. Lonnie has a Bachelor of Science (BS) in Financial Planning from Brigham Young University.

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How to Live a Life You Love With the Resources You Have with Sarah Newcomb (Ep. 18)

July 26, 2023Education, Finances, Financial Advisor, Financial Planning, Retirement, Uncategorized, WealthBehavioral Finance, Blue Barn Wealth, Financial, Financial Empowerment, Financial Freedom, Financial Planning, Financial Wellbeing, Money Psychology, Podcast, Your Path to Real WealthYour-Path-to-Real-Wealth

Are you tired of feeling overwhelmed and stressed about money? Does the pursuit of wealth feel empty — like no amount of money can make you truly happy?

According to today’s guest, the solution lies in financial education that focuses on resourcefulness rather than just math.

In this episode, Jeff Brimhall, Ph.D., CFP®, CFA, and Benjamin Cummings, Ph.D., CFP®, are joined by Sarah Newcomb, Ph.D., founder of Thrive Financial Empowerment Center. Join them as they explore the relationship between money and happiness, so you can thrive with real wealth.

Sarah discusses:

Intriguing research about money mindset
The biggest psychological barriers that prevent sound money management (and how to overcome them)
How “money messages” shape our attitudes and beliefs about money
How to simplify financial decision-making in your day-to-day life
And more

Resources:

“Loaded: Money, Psychology, and How to Get Ahead without Leaving Your Values Behind” by Sarah Newcomb

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LinkedIn: Sarah Newcomb

About Our Guest:

Sarah Newcomb, Ph.D. is a behavioral economist and Founder of the Thrive Financial Empowerment Center. As an applied scientist, Sarah adapts the findings of academic research for practical use in personal financial management. As a financial empowerment coach, she helps people avoid and escape the traps of mindset that contribute to financial hardship. Through writing, speaking, and applied research, Sarah is on a mission to help people get UNSTUCK and build lives they love with the resources they already have. Sarah’s thought leadership has earned mentions in Reuters, the Wall Street Journal, Forbes, HerMoney, and many other outlets. She is a regular contributor to PsychologyToday.com, and the author of Loaded – Money, psychology, and how to get ahead without leaving your values behind.

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A Simplified Guide to Disability Insurance with Bart Spencer (Ep. 16)

June 28, 2023Education, Finances, Financial Advisor, Financial Planning, Retirement, Uncategorized, WealthBlue Barn Wealth, Disability, Disability Insurance, Financial, Financial Planning, Financial Stability, Income Protection, Insurance, Podcast, Risk Management, Your Path to Real WealthYour-Path-to-Real-Wealth

Have you ever thought about what would happen to your income if you suddenly became unable to work due to illness or injury?

Disability insurance can protect your income and provide a safety net for a time just like that.

In this episode, Jeff Brimhall, Ph.D., CFP®, CFA, and Benjamin Cummings, Ph.D., CFP® are joined by Bart Spencer (aka The DI NUT), Director of Disability Income and Long Term Care at Allegis Advisor Group. They break down how disability insurance works, including critical costs and benefits involved.

Bart discusses:

How to determine the amount of disability insurance you might need
Why an employer-sponsored group plan might not be sufficient to protect your income
The different types of coverage periods in disability insurance
Key features you should look for in a disability insurance policy
And more

Resources:

Council For Disability Awareness

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About Our Guest:

Bart Spencer is the Director of Disability Income and Long Term Care at Allegis Advisor Group. He is very involved in the insurance community and is known as “The DI NUT” because of his passion for disability income protection. Bart speaks regularly in industry meetings such as gatherings of the National Association of Insurance and Financial Advisors (NAIFA). He is past president of NAIFA Bonneville in Ogden, UT, and membership chair for the Utah NAIFA Association.

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A Donor Advised Fund For All Your Charitable Needs With Dan Blake (Ep.9)

February 8, 2023Education, Finances, Financial Advisor, Financial Planning, Retirement, Uncategorized, WealthBlue Barn Wealth, Charitable Giving, Donor Advised Funds, Family Donations, Financial, Financial Planning, Financial Support, Flexibility, Generosity, Podcast, Your Path to Real WealthYour-Path-to-Real-Wealth

Creating a donor advised fund (DAF) means building a wealth account for charitable giving. How can you increase flexibility for yours and your families charitable contributions?

In this episode, Jeff Brimhall, PhD, CFP®, CFA, and Benjamin Cummings, PhD, CFP®, speak with Dan Blake, a managing director of University Impact, on creating flexible donor advised funds and creating family inclusive charitable contributions.

Dan discusses:

What a donor advised fund is
How University Impact’s triple DAF increase flexibility for their clients donations
How parents can involve their children in charitable giving
Why people do or don’t donate
And more

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About Our Guest:

Daniel’s background is in building and scaling startups. He started his first company, EcoScraps, in 2010 and sold it to a Fortune 1,000 company (Scott’s Miracle Gro) after 4 years. He has been on the board for two companies that have sold to publicly traded companies.

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Taking A Small Step To Make A Big Difference With Paul MacArthur (Ep.8)

January 25, 2023Education, Finances, Financial Advisor, Financial Planning, Retirement, Uncategorized, WealthBlue Barn Wealth, Charitable Giving, Charity, Education, Financial, Financial Planning, Intention, Make A Difference, Podcast, Resources, Wealth, Your Path to Real WealthYour-Path-to-Real-Wealth

Donating to a charitable organization, volunteering at a shelter or just giving to your neighbor, even the smallest actions can make a difference in someone’s life.

In this episode, Jeff Brimhall, PhD, CFP®, CFA, and Benjamin Cummings, PhD, CFP®, talk with Paul MacArthur, partner at MacArthur, Heder and Metler and co-founder of A Child’s Hope Foundation. They explore ways to make a difference in the world and the small actions that lead to greater experiences for the next generation.

Paul discusses:

How A Child’s Hope Foundation got started
Why he focuses on orphanages
How he involves his children in volunteering and charitable giving
The first step in making a difference in someone’s life is taking action
His personal stories about taking small actions to create a joyful moment in someone’s life
And more

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About Our Guest:

Paul MacArthur is the founding partner of MacArthur, Heder & Metler, PLLC. He earned a bachelor of arts degree in English with a minor in business finance from Brigham Young University, a juris doctorate from the J. Reuben Clark Law School at BYU, and a master of science in taxation degree (LL.M.), with honors, from the Washington School of Law.

His practice is focused on business formation, maintenance, contracts, corporate governance, mergers & acquisitions, succession planning, taxation, estate planning, non-profit organizations, and adoption. Paul is co-founder of A Child’s Hope Foundation, a non-profit public charity dedicated to improving the standard of care for orphaned children in third-world countries. He has also served and is serving as an officer and board member for many other non-profit entities.

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The Blue Barn Wealth Way: Key Offerings and Expertise (Ep.6)

December 21, 2022Education, Finances, Financial Advisor, Financial Planning, Retirement, Uncategorized, WealthBlue Barn Wealth, Finance, Financial Advisor, Financial Planning, Financial Podcast, Podcast, Real Wealth, Retirement, Your Path to Real WealthYour-Path-to-Real-Wealth

At Blue Barn Wealth, your goals influence everything we do.

In this episode, Jeff Brimhall, Benjamin Cummings, and Hyrum Smith discuss how they are helping people like you achieve long-term goals. They will become your financial partner and help you bring your financial plan all together using the 12 key services they offer.

Jeff, Benjamin, and Hyrum discuss:

How they help people like you find their inspiration to lead a more fulfilling life
Why financial planning and living a simpler life go hand in hand
What you can expect in your first financial planning session with their team
12 services they offer and which one best suits your needs
And more

Resources:

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What Is Real Wealth? (Ep.5)

December 7, 2022Education, Finances, Financial Advisor, Financial Planning, Retirement, Uncategorized, WealthBlue Barn Wealth, Finance, Financial Planning, Financial Podcast, Podcast, Real Wealth, Retirement, Wealth, Wealth Management, Your Path to Real WealthYour-Path-to-Real-Wealth

What does it mean to achieve Real Wealth?

In the most simple terms, it means to increase the value of more than just your investments.

In this episode, Jeff Brimhall, Benjamin Cummings, and Hyrum Smith discuss the meaning and purpose of Blue Barn Wealth’s slogan, “Live Within Your Meaning,” and how they implement its message into the lives of people like you.

Jeff, Benjamin, and Hyrum discuss:

How they implement their slogan, “Live Within Your Meaning,” into their business practice
The strategies they use which can contribute to your wealth in whatever form that may be
Why you need to broaden your view of wealth to include more than just your investments
How creating Real Wealth can allow you to lead a simpler and more intentional life
And more

Resources:

Your Path to Real Wealth: The Meaning Behind Blue Barn Wealth (Ep.4)

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Meet Hyrum Smith, PhD, CFP®, CPA (Ep.3)

November 2, 2022Education, Finances, Financial Advisor, Financial Planning, Retirement, Uncategorized, WealthBlue Barn Wealth, Finance, Financial Planning, Financial Podcast, Personal Finance, Personal Financial Planning, Podcast, Your Path to Real WealthYour-Path-to-Real-Wealth

Now that you have met two of the show’s hosts, it is time to meet the third partner of Blue Barn Wealth!

In this episode, a managing partner at Blue Barn Wealth, Hyrum Smith, discusses what brought him to the financial services profession and how his education allows him to help clients create Real Wealth.

Hyrum discusses:

What brought him to become a financial advisor
His ideal client
How he applies his financial knowledge to help others
His life outside the office including his unexpected favorite baseball team
And more

Resources:

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Meet Jeff Brimhall, PhD, CFP®, CFA (Ep.1)

November 2, 2022Education, Finances, Financial Advisor, Financial Planning, Retirement, Uncategorized, WealthBlue Barn Wealth, Financial Advice, Financial Plan, Financial Planning, Financial Podcast, Goals, Planning, Podcast, Wealth Advisor, Your Path to Real WealthYour-Path-to-Real-Wealth

Introducing Your Path to Real Wealth!

In this inaugural episode, Jeff Brimhall, PhD, CFP®, CFA, a managing partner at Blue Barn Wealth, shares insight into his life personally and professionally.

Jeff discusses:

His journey to becoming a financial advisor
How he can help you reach your long term financial goals
What he does outside of work
How his business philosophy applies to the lives of his clients
And more

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