Sophia Bera is a highly sought-after financial planner and speaker who’s shaking up the financial industry by eliminating asset minimum requirements and changing the conversation from retirement planning to financial independence for Gen Y. Besides contributing her financial insights to AOL’s Daily Finance website and being quoted frequently by publications such as Money Magazine, Forbes, InvestmentNews, The Huffington Post, and more, the website www.MoneyUnder30.com named her one of The Top Financial Advisors for Millennials. She is the founder of Gen Y Planning, Sophia Bera.
Do not be afraid of taking risks because it can cut off upside potential and opportunities.– Sophia Bera
Sophia enjoys helping people with financing and getting clarification around their financial goals so that they can match their money with their values to live a great life. She has a heart for making financial planning approachable and trouble-free and says to not be afraid of starting something new because you never know the doors that may open. Success Habit: Networking, talking to people, creating connections, and building her community.
Sophia’s One Idea
Sophia is an actor turned financial planner. She was a theatre major in college and during that time, all of her friends started going to her for advice about money. She then started taking her CFP class to become a Certified Financial Planner. Sophia wanted to help Millennials with their money so that she could make financial planning more fun and accessible to Gen Y.
Sophia charges an initial planning fee followed by a monthly subscription model and gearing her financial plans toward actionable advice. She makes sure that people are saving for their goals and plan for their future. Sophia also does a lot of career coaching with her clients and answers a lot of key questions about life changes. She tries to be a personal trainer for peoples’ finances and help them maximize their current financial situation.
When starting your business in finance, Sophia emphasizes to make sure you have your own personal economy in order before you make the leap to entrepreneurship. Build up your emergency savings, make sure you have proper life insurance coverage if you have kids, and get rid of any high interest credit card debt can help you when launching your business.
4 Moves To Start A New Business
If they were to start another business today, they would concentrate on this key factor:
- Get a website right away.
- Let people know what you are doing.
- Be nice to people.
- Have an abundance mentality.
- Figure out what’s the life you want to live and how can you build a business around that life.
Suitcase Entrepreneur by Natalie Sisson
“What You Should Have Learned About Money But Never Did” by Sophia Bera