Supportive
When you started, what professional advice did you expect to receive? We asked these experienced Wells Fargo Consulting financial advisors about the honest answers they would give young people. These four skills, ideas and guidance are very useful for college graduates to enter the workplace or anywhere on your journey.
1. Make an effort first.
“Once you know what your budget is, paying yourself should be one of your expenses,” said Jennifer Garcia, a private wealth financial advisor and managing director of Oak, California investments.
“Paying yourself should be one of your expenses.” Jennifer Garcia, Private Wealth Finance Advisor
What does it mean to pay yourself first? It is about prioritizing savings and investment by transferring revenue to designated accounts before paying the bill and making other purchases. A good by-product of this strategy is that it can help you limit spending.
The method is as follows: after calculating how much money can be left, determine whether the money is deducted from your pre-tax 401(k) dollar salary or transferred from your post-tax dollar check to your savings account. Garcia proposes that it be simple and automatic, “how to pay the bill”
Build a strong network.
Sarah Schweppee, a financial advisor in Charlotte, North Carolina, recommends surrounding yourself with people with a success mindset. “If you have a network of positive people who support and encourage you, it can really boost your personal and professional development, motivate you to achieve and set your own high standards.”
“Surrounded by people with a success mindset.” – Sarah Schweppe, Financial Advisor
Schweip warned not only to withdraw money from his social bank; You will also want to deposit. “Looking for opportunities to help and advocate for others,” he said. “It can be a symbiotic relationship that you can take with you and build over time.”
College can be a good start for your contacts. “Keep in touch as your contacts enter different industries and professions so you can have a broad and diverse network,” he said.
3. find a tutor.
Look for a position you want to have, or if you’re a new position, contact someone who’s already in that position, Garcia suggests.
“Interview them, ask questions, be curious.” Jennifer Garcia, Private Wealth Finance Advisor
So you can learn from them and contact them regularly. Follow your progress so that you are responsible for them and for yourself.
“Interviewing them, asking questions, being curious,” Garcia said.
4. keep in touch with friends.
“This is my twenty-fifth year as a consultant and I see people doing everything right,” said John Marshall, a Washington D.C. financial advisor. “Save money, invest, work, go up, the next thing you know is that it’s been 20 years and you’ve lost a good childhood-college relationship.”
“Just call a friend, it’s something I want to do better myself.” – Senior Vice President of John Marshall – Investment Officer
Marshall’s Professional Council is to see all this correctly: “People won’t remember the promotions you received, the deals you made or the bright years you lived in the business world. “I’m good at calling customers, but not just friends – it’s something I hope to do better.”
“Now I pick up the phone and say, ‘I’m just calling to see my friends, to see how you’re doing and what you’re doing.’



