Financial clarity can transform uncertainty into confidence. In this video, Russell Rivera shares how a thriving entrepreneur balanced their personal and business finances for a stress-free year ahead.
Topics Discussed:
Setting clear financial goals
Balancing personal and business finances
Creating a financial plan
Prioritizing savings and retirement
You can watch this video and others on the Voice Wealth Management YouTube channel.
Transcript:
Happy New Year, everybody. It's 2025, and this is Sidewalk Talk.
As we kick off the new year, it's a great time to think about what it is you want to accomplish this year, including my networking groups. We actually get together, do an inventory of last year, and then think about what we want to do next year, what we want to do this year, and make sure we set goals for ourselves and help keep ourselves accountable to them. Maybe for you it's growing your business, finally making retirement plans, putting a date on it. But just generally getting more organized while taking the time now early in the year to set clear goals, write them down and make sure you're referring to them from time to time, can make a big difference by the time we hit December of 2025
So I've worked with an entrepreneur who was completely focused on growing their business. They were working around the clock, managing their team, landing big clients and hitting milestones that they'd had and set business goals to do. But when it came to their personal finances, just didn't have a clear plan. They were too busy working with their business and making sure that their business was in good shape to think about what was happening on the home front. So while the business was thriving, they just didn't feel confident about their own financial feature, and that uncertainty was leaving them just a little bit unsettled and feeling stuck.
So we took a step back and created a plan that works for both their personal and their business goals, prioritizing things like saving retirement planning, and, more importantly, separating business finances from personal ones in case something goes wrong. By the time we finished, there was a clear roadmap that gave them clarity, security, and confidence to move forward. We felt ready to tackle the year ahead with less stress and a better plan.
I'm Russ Rivera, and it's a good time to start the year with a fast, solid financial plan that can help you feel more control, more focused on what's most important. Don't let uncertainty hold you back. Visit us at voicewealth.com to schedule your consultation and get 2025 off on the right foot. Thanks, and see you next time.
Russell D. Rivera, CFA, CFP®, is the Founder and President of Voice Wealth Management, an independent financial services firm serving professionals, entrepreneurs, and families in New York City and beyond. Focusing on helping clients make informed decisions about saving, investing, and financial planning, Russell is committed to providing a customized approach that reflects each client’s unique priorities and experiences.