59 - Financial Planning to Build Wealth as a Photographer with Derek Kilgore

As a photographer or any kind of entrepreneur, it's really important to have someone on your team to help you build wealth and plan for the future. That's why I have my own personal financial advisor, Derek Kilgore. Derek is a wealth management advisor and growth and development director with Northwestern Mutual. He has been working with business owners for the past 8 years, so he understands many of the challenges entrepreneurs face.    During this episode, we talk about everything you need to know when it comes to financial planning and building wealth, including the first steps to creating a financial plan, how to balance saving for the future, which retirement accounts entrepreneurs should have, and more!    This episode is truly going to give you a financial planning 101 kind of feel. And if you decide that you want to prioritize planning for the future when it comes to finances in 2025, Derek is truly the best of the best!   In this episode, we cover:  The first step in financial planning  Where to start with investments How to pay yourself, especially when expenses are higher  Recommendations for retirement accounts How much should we be saving toward retirement?  Should contributions toward retirement accounts come out of our business or personal accounts?  How to start working with Derek  Derek's 3 final tips    SHOW NOTES: https://clairehunt.co/blog/financial-planning-to-build-wealth-as-a-photographer/   Connect with Derek: Derek's Website Derek's Email Derek's Phone: 303-579-7341   Follow Claire:  Claire's Instagram OFFERINGS: Notion Template  Email Templates 1:1 Mentoring Book It Mentorship Program The Shop The Amazon Storefront FREE OFFERINGS: The Secret to Scaling Your Photography Business Freebie Attract and Book Dream Couples Free Workshop Hook Inquiries - Email Templates Top 10 Resources You Need