Take a Break
INSIDE FINANCIAL ARCHITECTS
An Honor For FAI President
Financial Architects, Inc. is proud to announce that President and shareholder Christopher Cousins, ChFC®, RICP®, CAP®, recently earned the Certified Exit Planning Advisor (CEPA) designation from the Exit Planning Institute after completing their intensive four-day executive MBA-style program. Chris joins an experienced group of business advisors who have received this designation and are a part of the Exit Planning Institute's international community of CEPAs. Chris comments, "As a lifelong
entrepreneur, second generation business owner, and past participant in a multiyear business exit strategy, I believe it is important to have positive impact on the many owners of businesses that will transition their companies between now and 2030. Financial Architects is equipped to help with those transitions, and this specialty certification will aid in that effort." Chris is helping to quarterback a new alliance with Absolute Succession, an exit planning organization, called Q5. This will involve FAI and The LifeMethod. Congratulations Chris!
Solution on Page 4
STUDENT LOAN DEBT? WE CAN HELP!
EASY STUFFED SWEET POTATOES
By Dan Zech
After repeatedly hearing things like, "I can't start planning for the future; I have too much student debt," I knew that student debt was something I would have to focus on if I wanted to be successful in helping my clients with their financial aspirations. Currently, 1 in 6 American adults and 1 in 3 under the age of 30 have student debt, and with the cost of college constantly increasing, many students graduate with six-figure debt and that's before adding a graduate degree. What's more, after seeing my wife, a physician assistant, struggle for hours on the phone to get any clear information regarding her loan repayment program, I knew that there was a huge opportunity to assist people who felt like they were in a helpless situation. With so many programs and repayment plans available to borrowers, I have found that many borrowers are enrolled in repayment plans that would cost them considerably more money over the life of their loans than was otherwise necessary. What's worse is that oftentimes, this is simply because they couldn't find clear information on their situation. To help, we take a borrower's student debt data directly from the government file (studentaid.gov), parse it, and produce a clear, concise report showing the best plan to enroll in, and the savings the borrower would experience compared to their current plan. With interest rates at historic lows, the appeal of refinancing one's federal loans to reduce their interest rate has become very attractive. However, once loans are refinanced, they are ineligible for many of the federal repayment and forgiveness programs referenced earlier. By addressing my clients' student debt-related needs, I am able to help them begin building wealth and planning for their future today instead of delaying that for 10–20 years or longer while they pay off their student debt. The success we have had thus far has me very excited for the impact we can have in the future! 1. AmericanProgress.org/issues/education-postsecondary/reports/2019/06/12/470893/ addressing-1-5-trillion-federal-student-loan-debt/#:~:text=About%2043%20million%20 adult%20Americans,not%20backed%20by%20the%20government
INGREDIENTS
• 4 medium sweet potatoes • 1 15-oz can black beans, drained and rinsed • 2 medium tomatoes, diced • 1 tbsp olive oil • 1 tsp cumin • 1 tsp coriander • 3/4 tsp salt • 1/4 cup sour cream • 1/4 cup fresh cilantro, chopped
DIRECTIONS
1. With a fork, prick each sweet potato a few times. Microwave the potatoes on high 12–15 minutes, or until cooked through. 2. In a microwave-safe bowl, combine the beans, tomatoes, olive oil, cumin, coriander, and salt. When the potatoes are done, microwave the mixture on high for 2–3 minutes. 3. Cool potatoes slightly, then cut each potato open lengthwise. Pull the halves apart to create space to spoon the warm bean salsa inside. 4. Add a scoop of sour cream to each potato, garnish with cilantro, and serve!
2. PewResearch.org/fact-tank/2019/08/13/facts-about-student-loans
Inspired by EatingWell.com
3 888-466-5453
Made with FlippingBook - professional solution for displaying marketing and sales documents online