Eric Felsenfeld

  Having a strong relationship with money is essential for creating long-term financial security and stability. Wealth isn’t just about earning more—it’s about making strategic financial choices that align with your goals. At Eric Felsenfeld , we specialize in crafting personalized financial strategies that empower our clients to achieve success with confidence. Why a Good Relationship with Money Matters Your financial future is shaped by the choices you make today. By establishing clear financial intentions and making informed decisions, you lay the foundation for lasting wealth. Whether you're planning for retirement, looking into investment management, or focusing on risk mitigation, having a structured financial approach is crucial. Financial stability allows you to pursue opportunities, handle unexpected expenses, and enjoy peace of mind. Many people struggle with financial uncertainty due to a lack of planning or misinformation. By fostering a healthy mindset around money, yo...

  Investing has traditionally been viewed as a luxury for the rich, but that's simply not the case. With the proper strategies, you can begin investing with very little money. Money expert Eric Felsenfeld hammers home the point that wealth is created through persistence and intelligent decisions, not how much you're able to invest at the beginning. It's how you can begin with little money and build your money future. 1. Start with Your Financial Foundation Before you start investing, it’s crucial to ensure your financial house is in order. This means: Paying off high-interest debt (like credit cards) Building an emergency fund (at least three months’ worth of expenses) Setting clear investment goals 2. Take Advantage of Employer-Sponsored Plans If your employer offers a 401(k) or similar retirement plan with a match, start there. Contributing even a small amount can provide immediate returns through employer contributions, which Eric Felsenfeld highlights as “free money” ...

  Financial stability is a goal that many strive for, but achieving it requires discipline, strategy, and the right guidance. Eric Felsenfeld , a respected name in financial planning, provides key insights on how to build wealth, manage risks, and secure a prosperous future. Understanding the Basics of Financial Planning A solid financial plan is the foundation of long-term success. According to Eric Felsenfeld, the key to smart financial management is: Budgeting Wisely – Tracking income and expenses ensures you live within your means and save effectively. Investing Strategically – Diversifying investments helps balance risks and returns over time. Building an Emergency Fund – Setting aside at least three to six months’ worth of expenses safeguards against unexpected financial hardships. Additionally, it is crucial to set financial goals. Short-term goals such as paying off credit card debt and long-term goals like purchasing a home or saving for children’s education should be p...

   The financial advising industry is undergoing a massive transformation as new technologies reshape how people manage their money. Traditional face-to-face meetings with financial advisors are becoming less common as digital platforms, robo-advisors, and artificial intelligence (AI) take center stage. These advancements offer faster, smarter, and more convenient solutions, making financial planning accessible to a broader audience. As Eric Felsenfeld highlights, embracing technology can lead to more efficient financial management and better long-term outcomes. Robo-Advisors: A New Era of Investing In the realm of finance, robo-advisors have developed into a revolutionary force. These automated platforms use algorithms to analyze financial goals, risk tolerance, and investment preferences before creating a tailored investment strategy. Unlike human advisors, robo-advisors require minimal interaction and are available 24/7, making them a great option for those who prefer a ha...