Have you paid off your debts and are looking to grow your money beyond savings? Learn how to create a strategy and plan so you can open and invest in your brokerage account!

Ready to Open and Invest in a Brokerage Account?

If you would’ve met us when we were first married and told me that we’d get to a point where we were investing besides for retirement, I probably would’ve laughed at you. 

Considering at that time we were start off with over $30,000 of debt living in our tiny apartment right by the beach, it would’ve seemed unbelievable. 

We were just trying to find our footing and create a budget that worked for both of us. 

Fast forward to paying off our debts except for the mortgage and that’s where we found ourselves. Funny thing (maybe just to us) was that we hesitated a bit before opening that brokerage account. 

We had become super savers and have been putting money into our retirement accounts, but somehow that next step was a bit scary. 

What helped us was taking some time to step back and discuss our why behind this account. What was our hope or plan for this money? 

For us, being on the path to financial independence meant freeing up options, whether it’s to spend more time with the kids, explore career pivots, or volunteer more. Having money invested in this account would be helpful. 

With that in mind, we then worked out an investing plan we felt comfortable with. While I wouldn’t say it’s been a smooth ride – especially this year – having those pieces in place has made investing easier. 

You might be at this stage. You’ve paid off debts, saving, and now you’re looking to diversify your income and investing is one of those options on the table. How do you create a plan together for that money? 

Today we’re going to be covering that and Kevin L. Matthews is here to discuss the essentials you need to know before you start investing.

He’s a number one bestselling author and former financial advisor who has helped hundreds of individuals plan for their retirement in addition to managing more than $140 million in assets during his advisory career.

Now he’s focused on teaching millennials about investing, making it more simple and helping them craft their own plans. 

In this episode we’ll get into:

• When you should open a brokerage account
• how to approach research with before you invest in stocks
• how to create a financial and investing system that works for both of you

Let’s get started!

Resources to Stay on Top of Your Money

Here are some resources to make managing your money much easier!

• Best Budget and Money Apps: Personal Capital, Tiller, Mint
• Free 401(k) Analysis: blooom
• Grow Your Stash Faster: High Yield Savings with CiT Bank
• Jumpstart Your Marriage and Your Money

Thank You to Our Sponsor Coastal!

Support for this podcast comes from Coastal Credit Union. If you’re living in the Raleigh Durham area and looking to bank better, come check out Coastal today!

Besides offering competitive rates on check and savings accounts, Costal has a wealth management team ready to work with you to create a financial plan that fits your specific needs!

Meet Kevin L. Matthews

Kevin L. Matthews II is a number one bestselling author and former financial advisor.

He has helped hundreds of individuals plan for their retirement in addition to managing more than $140 million in assets during his advisory career.

By 2017, he was named one of the Top 100 Most Influential Financial Advisors by Investopedia.

Support the Podcast!

Thank you so much for listening to the podcast!

• Spread the word! If you enjoyed this episode and think it can help a buddy get on the path to dumping debt and become financially free, please share.
• Leave a review. Honest feedback and reviews make a big difference and gets the word out about the podcast. Leave your review on Apple or Stitcher.
• Grab a copy of Jumpstart Your Marriage and Your Money. My book is designed for a busy couple to set up their finances in 4 weeks. Get tips and tools that have worked for other couples on their journey of building their marriage and wealth together!

Music Credit

Like the music in this episode? Our theme song is by Gentle Regime. Additional Music from Artists at Audiio.