No one likes to talk about the protection side of money, but what if taking care of those issues upfront left you free to ENJOY your money? Today’s guest Jenifer Sapel believes in protecting your money first to allow you to enjoy it. She even named her company, Utor Wealth, after the Latin word for enjoy!
It wasn’t always this way for Jenifer. Her earliest memories of money were based in fear, anxiety, and scarcity. The phrase she heard most often as a child related to money was “We can’t afford it.”
Determined to forge a different path, she worked hard to be financially secure at a young age. She took it even further when she pivoted her career into financial services. Today, she’s all about showing people how to use money as a tool to live richly.
This episode is for everyone who has a family to protect – regardless of how much money you have and whether you are currently with an income or not.
In this episode, you’ll hear:
- Who convinced her that a commission-only job could work
- How she gave herself 2 years herself to succeed
- Why an acquisition where she was employed created the perfect time to start her own business
- Why employer disability insurance will never cover your entire income.
- Why a mom without an income should consider life insurance
- Why Jenifer blends opportunity funds with emergency funds
- Why rate of return is not your only indication of financial health
- How much you should optimally be saving once you have your safety net in place
- Her thoughts on the gender pay gap when you return to work
- Why she believes you are the best investment you’ll ever make
Mentioned in this episode:
Recording made in July 2019. As of 3/26/2021, Jen Sapel is affiliated with WCG Wealth Advisors, LLC, a Registered Investment Advisor. Jen is no longer a Registered Representative of a Broker-Dealer. In July 2019 Utor Wealth had three advisors. As of 6/30/2021, Utor has two.”
Investment advice offered through WCG Wealth Advisors, LLC, a Registered Investment Advisor. Utor Wealth is a separate entity from The Wealth Consulting Group and WCG Wealth Advisors, LLC.
The opinions presented are general educational material; they are not meant as specific advice or recommendations for any individual.
The distinction made between “investment advisors” and “financial advisors” is no longer correct. Since 06/30/2020 (Regulation Best Interest), Registered Representatives of a Broker-Dealer who are not also Investment Advisor Representatives (IAR) of a Registered Investment Advisor (RIA) may not use “advisor” in their titles. RIAs use different titles for IARs. Some may use “investment advisor” because it references both services and regulation. Others may use “wealth manager” to reflect the type of clients they serve. Still others may use “investment advisor” interchangeably with “financial planner” and “financial advisor.” Note: professional organizations distinguish their members through registered titles and designations.
