In this episode Kolin talks about some things to think about for those in their 20s when it comes to financial planning. This includes:

• Cash flow management
• Insurance planning
• Debt payoff management
• Investing
• Investing in yourself

Disclaimer: Financial Footprints is not intended to provide personalized financial advice. The information shared on this podcast is for general educational and entertainment purposes only. While we aim to share helpful tips and insights, every individual’s financial situation is unique, and what works for one person may not be right for another. Always do your own research and consult with a qualified financial professional before making any major financial decisions. We’re here to share ideas and spark conversations—but when it comes to your money, make sure you get advice tailored to your specific circumstances.

In this episode Kolin talks about the difference between a financial planner and an investment manager. The reason for this episode is most people will decide it is time to partner with a financial advisor, however they may, unknowingly, partner with an investment manager when they are really looking for a financial planner. They are looking to get advice on all aspects of their financial life, yet they hire an investment manager who only focuses on the money they are managing. This can cause a negative experience with that person and financial advisors. This episode reinforces the importance of asking good questions in the interview process before you decide to work with a financial advisor.

Disclaimer: Financial Footprints is not intended to provide personalized financial advice. The information shared on this podcast is for general educational and entertainment purposes only. While we aim to share helpful tips and insights, every individual’s financial situation is unique, and what works for one person may not be right for another. Always do your own research and consult with a qualified financial professional before making any major financial decisions. We’re here to share ideas and spark conversations—but when it comes to your money, make sure you get advice tailored to your specific circumstances.

In this episode Kolin talks about the importance of understanding how different account types have different effects on taxes. Kolin shares the difference between pre tax, post tax and taxable accounts. How each of these account types offer different tax benefits and why it is important to have each of them. Also, Kolin shares a bonus account type that offers triple tax benefit. He explains how different account types will help with your tax diversity and how each play a crucial part in your financial planning.

2025 Capital Gains Rate Table: Click here!

Disclaimer: Financial Footprints is not intended to provide personalized financial advice. The information shared on this podcast is for general educational and entertainment purposes only. While we aim to share helpful tips and insights, every individual’s financial situation is unique, and what works for one person may not be right for another. Always do your own research and consult with a qualified financial professional before making any major financial decisions. We’re here to share ideas and spark conversations—but when it comes to your money, make sure you get advice tailored to your specific circumstances.

In this episode Kolin talks about the importance of creating a personal cash flow statement. He shares how to build your own personal cash flow statement and what all goes into this calculation. Kolin shares why tracking this number can help you progress in your finances and how to improve your cash flow results if they are not where you want them to be in 2025.

Disclaimer: Financial Footprints is not intended to provide personalized financial advice. The information shared on this podcast is for general educational and entertainment purposes only. While we aim to share helpful tips and insights, every individual’s financial situation is unique, and what works for one person may not be right for another. Always do your own research and consult with a qualified financial professional before making any major financial decisions. We’re here to share ideas and spark conversations—but when it comes to your money, make sure you get advice tailored to your specific circumstances.

In this episode Kolin talks about what net worth is, how to calculate your net worth and the importance of calculating your net worth. Kolin talks about the power of tracking your net worth over time to see the growth and progress you have made each and every year. Kolin shares a simple formula you can use to start tracking your net worth today!

Here's a free net worth calculator: Ramsey Solutions Net Worth Calculator

Disclaimer: Financial Footprints is not intended to provide personalized financial advice. The information shared on this podcast is for general educational and entertainment purposes only. While we aim to share helpful tips and insights, every individual’s financial situation is unique, and what works for one person may not be right for another. Always do your own research and consult with a qualified financial professional before making any major financial decisions. We’re here to share ideas and spark conversations—but when it comes to your money, make sure you get advice tailored to your specific circumstances.

In this episode Kolin talks about the popular 50/30/20 rule when it comes to managing your monthly cash flow. Kolin shares the different categories and how to determine what falls into the 50% vs 30% vs 20% category for your monthly expenses. Kolin shares an example of how you can quickly start to manage your monthly cash flow by using the 50/30/20 rule. It is important to note that this is just a rule of thumb & is not an end all be all rule. It will change as your financial goals, income, family, etc. changes. However if you are just starting out, following this rule can be a great start.

Disclaimer: Financial Footprints is not intended to provide personalized financial advice. The information shared on this podcast is for general educational and entertainment purposes only. While we aim to share helpful tips and insights, every individual’s financial situation is unique, and what works for one person may not be right for another. Always do your own research and consult with a qualified financial professional before making any major financial decisions. We’re here to share ideas and spark conversations—but when it comes to your money, make sure you get advice tailored to your specific circumstances.

In this episode Kolin goes over the debt snowball method and the debt avalanche method to compare which of these methods of paying off debt is better. Kolin shares the pros and cons of both the debt snowball vs debt avalanche method as well as the reasons why you should choose the debt avalanche vs debt snowball method. At the end of the day, to answer the question of which method is better for paying off debt is really about you. Are you someone that needs the quick wins of the debt snowball method or can you do the debt avalanche method.

Disclaimer: Financial Footprints is not intended to provide personalized financial advice. The information shared on this podcast is for general educational and entertainment purposes only. While we aim to share helpful tips and insights, every individual’s financial situation is unique, and what works for one person may not be right for another. Always do your own research and consult with a qualified financial professional before making any major financial decisions. We’re here to share ideas and spark conversations—but when it comes to your money, make sure you get advice tailored to your specific circumstances.

In this episode Kolin goes over 7 things to look for when researching a financial planner or a financial advisor. Kolin talks about the financial planning industry and why he thinks you should look for an advisor who is fee only, fiduciary, independent and much more! Kolin shares his reasoning behind these choices.

Disclaimer: Financial Footprints is not intended to provide personalized financial advice. The information shared on this podcast is for general educational and entertainment purposes only. While we aim to share helpful tips and insights, every individual’s financial situation is unique, and what works for one person may not be right for another. Always do your own research and consult with a qualified financial professional before making any major financial decisions. We’re here to share ideas and spark conversations—but when it comes to your money, make sure you get advice tailored to your specific circumstances.