074. Make 2025 Your Richest Year Yet with Financial Planner Emily Stead

Want to head into 2025 with the best financial game plan ever? Can you use your HSA for botox? Is there such a thing as good debt? Join us as Amber sits down with Old-Money-acclaimed financial planner Emily Stead, to answer all that and share actionable tips to build your wealth. From capitalizing on your 401(k) to creating long-term goals, you'll learn how to start a financial plan that's fulfilling and healthy.Emily Stead is a Financial Planner with the mission of demystifying personal finance. With nearly a decade of working with individuals and families towards their financial goals, Emily believes everyone deserves to feel confident in their financial future, and strives to reduce the barriers of entry people may feel when they seek out professional guidance.----------------------------In today's episode, we cover the following:Intro (0:31)Wedding planning (1:44)How to manage your money (5:17)How to kick off 2025 on a financial good foot (11:48)Why money can be both constructive and destructive (16:59)Good debt vs bad debt (19:50)Car payments (22:45)Creating a debt pay-off plan (25:20)Taking advantage of your employer funded retirement savings plan (27:27)Attaining a financial advisor/planner (30:25)Risk tolerance and capacity (34:13)How to manage your own diversified portfolio (38:29)How to utilize health savings accounts (42:23)Making an extra 1% change (45:46)How Emily became a financial planner (48:10)Growing up with a healthy relationship to money (52:02)Rapid-fire rich girl questions (55:10----------------------------GUEST INFO:You can learn more about Emily and her financial strategies by following her on Instagram @Emily_ByMethod and visit her website at EPWealth.com/Blog----------------------------Connect with the Old Money Podcast:Web: OldMoneyPodcast.comEmail: [email protected]: @OldMoneyPodcastTikTok: @OldMoneyPodcast----------------------------Copyright (c) Old Money 2024.The content presented in this podcast is intended to entertain, educate, inspire and support listeners in their personal and professional development and does not constitute business, financial, or legal advice. Please note that this episode may contain paid endorsements and advertisements for products and services for which individuals on the show may have a direct or indirect financial interest in products or services related to the episode.