Wonder Wealth LLC

05/06/2025

Financial anxiety isn’t just in your head. It can show up in your body, too. People often feel it as muscle tension, trouble sleeping, irritability, or even avoiding money tasks altogether. The stress usually isn’t just about dollars and cents, but about the fear of not having enough, making mistakes, or not being prepared for the future.

A good first step is to recognize what you can control. If you're worried about money, organizing your finances, even in a simple spreadsheet, can shift the feeling from chaos to clarity. Small steps like tracking spending, reviewing accounts, or outlining a basic savings plan can help replace fear with action.

It also helps to balance responsible planning with quality of life. Constantly denying yourself joy today in fear of tomorrow can keep the anxiety loop going. Consider using techniques like reframing negative thoughts, focusing on progress over perfection, and setting specific, achievable goals.

Money stress is common, especially in midlife when responsibilities stack up. But a clearer plan and a shift in mindset can make financial decisions feel less overwhelming and more empowering.

Send a message to learn more

02/04/2025

My client, a high earner but newbie investor, called me worried after seeing the market drop by 2% in one day, asking if that was normal.

Here’s the truth: Market fluctuations are totally normal. In fact, seeing the market move more than 2% in either direction on a given day is notable but not unusual. 💼

Money is constantly moving between different types of investments as traders shift from higher-risk to lower-risk positions. This ebb and flow is just part of the natural rhythm of the market.

The key is not to give energy to every market movement. If it's a retirement account, you likely don't need that money for decades, the short term swings are just part of the ride!

Send a message to learn more

01/27/2025

Just like a house, you build the foundation first then grow vertically from there

10/07/2024

Already maxing your 401k and want another place to save on taxes? An HSA could be a great option!

Want access to an HSA (Health Savings Account) but your employer doesn't offer it? Well, you can still get one!

If you have high deductible health plan you can open an HSA on your own! Many don't know this and lose out on "triple tax free" savings!

Also, an HSA is like a back up 401k since you can withdraw from it at 65 for any use (not just healthcare).

HSA's are amazing savings vehicles. Hit me up if you have any questions on them!

07/30/2024

When it comes to money, I have a "no dumb questions" policy.

Most of us were not taught from school, parents,, or society on how to manage money well. Try to google it and it's info overload, you're not sure what to listen to or who to trust.

A good financial adviser should create a safe space to ask anything and everything around money that you need to without judgement, pressure, etc while also pointing out what's noise vs valid to know.

Don't hold your financial education back for fear of looking/sounding dumb, there are no dumb questions when it comes to money.

07/23/2024

New blog post! How strong are you and your spouse when it comes to managing shared money?

I've worked with couples my entire career and these are some common missteps I see them making

Discover key financial red flags and solutions for couples. Expert tips from a San Diego financial adviser for young families. Build trust and financial health.

07/19/2024

Man, I love what I do. I'm excited to share that one of my newest clients is a business owner who's finally steering their financial ship in the right direction after years of turbulence. 🌊⚓️

Here's a few things I discovered after reviewing his situation:

🚩 No retirement plan setup under his company, leading to missed tax & investment opportunities
🚩 Commingling business and personal expenses (paid from the same accounts)
🚩 Huge liability exposure: Loss of liability protection from mixing personal and business expenses
🚩 Lowballing income levels. Yes, businesses can leverage tax breaks, but don't skirt the system and risk an audit! (The risk compounds significantly over time) 📉
🚩 No emergency fund in place (a big one for business owners who have greater risk).
🚩 Not taking advantage of business credit card opportunities to earn significant rewards. 💳
🚩 Can't track personal spending for his own finances since business expenses mixed in.
🚩 No budget or quantified goals in place. 🎯

It won't be easy to unwind after years of mistakes but certainly not impossible, excited to get him back on the right track and bring his risk go down and his his net worth up

07/17/2024

💡 Emergency Fund Insights 💡

Whoever said everyone needs a 6-month emergency fund is wrong. Here’s the scoop:

🛡️ Rule of Thumb:
Single Earner: Closer to 6 months
Dual Earners: Closer to 3 months

However, consider these factors:

🔍 Your Industry: Job replacement time varies by industry.
💤 Your Emotions: Some need bigger funds for peace of mind— just make sure your fears are grounded in reality, not paranoia.
🚫 Separate Accounts: Keep your emergency fund separate from your checking account. Remove temptation!
⏳ Proximity to Retirement: Nearing retirement? Keep more cash to offset "bad timing risk" during a recession.
💰 High Yield Savings Account: A great place for your Emergency Fund! Earn around 5%+ while keeping your money accessible for emergencies.

Check out my latest blog post (in comments) for all the details on starting your own emergency fund! 📖

07/15/2024

Time, Knowledge, & Desire.

If you're missing one of these 3 when it comes to managing your money

It may be time to talk with a financial adviser

I'm not just talking about some "investments only" guy, but a "comprehensive" adviser who will help you:

1. Create a life vision (and quantify it)
2. Educate you but also challenge you where it's needed
3. Be a coach, cheerleader, confidant, and brainstorming partner
4. Create a *comprehensive* financial plan touching on ALL the areas of your financial life
5. Be someone who gives a damn about you and wants to see you prosper

07/10/2024

I've met so many smart people who are TERRIBLE with money (i.e. Doctors, lawyers, business owners).

If this is you, you're not alone.

Poor Money Habits ≠ Stupidity

I see it all the time, experts in their profession who still feel lost with money.

07/09/2024

Tracking your spending is a MUST for planning your finances *accurately*

However, I have a client doing this who STILL missed over $5,000 from her annual spending

That's enough to throw a plan completely off kilter! So how did it happen?

She overlooked her paystub!

If you use a budgeting software, it's not tracking what you spend on paystub deductions (i.e. health insurance, FSA, life insurance, disability insurance, etc).

If you track your spending using an app, make sure to add these paystub deductions back in to get the *accurate* total annual spending you're doing.

Happy Planning my friends!

07/02/2024

🚨 Beware of Texts from Unknown Numbers 🚨

📱 Think twice before replying... Here are some risks:

1️⃣ Phishing Scams: Scammers might trick you into sharing personal info.
Replying confirms your number is active! 🎣
2️⃣ Malware Links: Clicking suspicious links can install malware on your device! 🦠
3️⃣ Premium Rate Charges: Some texts could lead to unexpected charges on your phone bill. 💸
4️⃣ Increased Spam: Responding can lead to more spam texts and calls! 📈
5️⃣ Personal Info Risk: You might inadvertently share sensitive info. 🕵️‍♂️
6️⃣ Smishing Attacks: Watch out for SMS phishing!

🚫Stay safe and don’t reply to unknown numbers! 🔒