<description>&lt;p&gt;In this episode, Ryan Burklo and Alex Collins discuss the intricacies of college planning, focusing on Ryan's personal experience with his daughter touring the University of Arizona. They explore various funding strategies for education, emphasizing the importance of flexibility in financial planning. The conversation also touches on navigating the FAFSA process, the emotional aspects of financial decisions, and the significance of seeking advice from knowledgeable sources.&lt;/p&gt; &lt;p class="MsoNormal"&gt;Check out our website:  beerandmoney.net&lt;/p&gt; &lt;p class="MsoNormal"&gt;Find us on YouTube: https://www.youtube.com/@beerandmoney&lt;/p&gt; &lt;p class="MsoNormal"&gt;Subscribe to our newsletter: &lt;a href= "https://www.quantifiedfinancial.com/subscribe-now"&gt;https://www.quantifiedfinancial.com/subscribe-now&lt;/a&gt;&lt;/p&gt; &lt;p class="MsoNormal"&gt;Check out our Instagram: &lt;a title= "https://urldefense.com/v3/__https://www.instagram.com/ryanburklofinance?igsh=ZTJzN3Jnajd5M2Mw__;!!C6wd9N_no7dm!LWL-ZofoxpsgXaXkWBewNlPNICiASyQ-nakjD4k3ItM8uFTMDM2Nn6p2m_UopvobeT1RqaB22-Ep1qhpdK9xdKghJMBjo3hPYKin$" href= "https://urldefense.com/v3/__https:/www.instagram.com/ryanburklofinance?igsh=ZTJzN3Jnajd5M2Mw__;!!C6wd9N_no7dm!LWL-ZofoxpsgXaXkWBewNlPNICiASyQ-nakjD4k3ItM8uFTMDM2Nn6p2m_UopvobeT1RqaB22-Ep1qhpdK9xdKghJMBjo3hPYKin$" target="_blank" rel= "noopener"&gt;https://www.instagram.com/ryanburklofinance?igsh=ZTJzN3Jnajd5M2Mw&lt;/a&gt;&lt;/p&gt; &lt;p class="MsoNormal"&gt;Ryan Burklo's LinkedIn profile: &lt;a href= "https://www.linkedin.com/in/ryanburklo/"&gt;https://www.linkedin.com/in/ryanburklo/&lt;/a&gt;&lt;/p&gt; &lt;p class="MsoNormal"&gt;Alex Collin's LinkedIn profile: &lt;a href= "https://www.linkedin.com/in/alexandercollins/"&gt;https://www.linkedin.com/in/alexandercollins/&lt;/a&gt;&lt;/p&gt; &lt;p class="MsoNormal"&gt;For a quick assessment of your current financial life go to: &lt;a title= "https://www.livingbalancesheet.com/lbsVision/lite/RyanBurklo" href="https://www.livingbalancesheet.com/lbsVision/lite/RyanBurklo" target="_blank" rel= "noopener"&gt;https://www.livingbalancesheet.com/lbsVision/lite/RyanBurklo&lt;/a&gt;&lt;/p&gt; &lt;p class="MsoNormal"&gt;Check out Ryan's LinkedIn Post: &lt;a href= "https://www.linkedin.com/posts/ryanburklo_college-financialplanning-collegeplanning-activity-7386038522945875970-DjOZ?utm_source=share&amp;utm_medium=member_desktop&amp;rcm=ACoAAAPeigABAS2_RpYsoJM-YinxpGfnD1wyNRc"&gt; https://www.linkedin.com/posts/ryanburklo_college-financialplanning-collegeplanning-activity-7386038522945875970-DjOZ?utm_source=share&amp;utm_medium=member_desktop&amp;rcm=ACoAAAPeigABAS2_RpYsoJM-YinxpGfnD1wyNRc&lt;/a&gt;&lt;/p&gt; &lt;p class="MsoNormal"&gt; &lt;/p&gt; &lt;p class="MsoNormal" style= "margin-bottom: 0in; line-height: normal;"&gt;&lt;span style= "font-size: 12.0pt;"&gt;#collegeplanning&lt;/span&gt;&lt;/p&gt; &lt;p class="MsoNormal" style= "margin-bottom: 0in; line-height: normal;"&gt;&lt;span style= "font-size: 12.0pt;"&gt;#financialplanning&lt;/span&gt;&lt;/p&gt; &lt;p class="MsoNormal" style= "margin-bottom: 0in; line-height: normal;"&gt;&lt;span style= "font-size: 12.0pt;"&gt;#FAFSA&lt;/span&gt;&lt;/p&gt; &lt;p class="MsoNormal" style= "margin-bottom: 0in; line-height: normal;"&gt;&lt;span style= "font-size: 12.0pt;"&gt;#educationfunding&lt;/span&gt;&lt;/p&gt; &lt;p class="MsoNormal" style= "margin-bottom: 0in; line-height: normal;"&gt;&lt;span style= "font-size: 12.0pt;"&gt;#flexibility&lt;/span&gt;&lt;/p&gt; &lt;p class="MsoNormal" style= "margin-bottom: 0in; line-height: normal;"&gt;&lt;span style= "font-size: 12.0pt;"&gt;#scholarships&lt;/span&gt;&lt;/p&gt; &lt;p class="MsoNormal" style= "margin-bottom: 0in; line-height: normal;"&gt;&lt;span style= "font-size: 12.0pt;"&gt;#emotionalfinance&lt;/span&gt;&lt;/p&gt; &lt;p class="MsoNormal" style= "margin-bottom: 0in; line-height: normal;"&gt;&lt;span style= "font-size: 12.0pt;"&gt;#personalfinance&lt;/span&gt;&lt;/p&gt; &lt;p class="MsoNormal" style= "margin-bottom: 0in; line-height: normal;"&gt;&lt;span style= "font-size: 12.0pt;"&gt;#investmentstrategies&lt;/span&gt;&lt;/p&gt; &lt;p class="MsoNormal" style= "margin-bottom: 0in; line-height: normal;"&gt;&lt;span style= "font-size: 12.0pt;"&gt;#studentloans&lt;/span&gt;&lt;/p&gt; &lt;p class="MsoNormal" style= "margin-bottom: 0in; line-height: normal;"&gt; &lt;/p&gt; &lt;p&gt;Takeaways&lt;/p&gt; &lt;p&gt;The importance of personal experience in college planning.&lt;br /&gt; Flexibility in funding options can lead to better financial outcomes.&lt;br /&gt; FAFSA is a crucial step in the college funding process.&lt;br /&gt; Emotional aspects of financial planning can affect decision-making.&lt;br /&gt; There are multiple ways to fund education, and no one-size-fits-all solution exists.&lt;br /&gt; Networking and experiences gained in college can be as valuable as education itself.&lt;br /&gt; It's essential to seek advice from trusted and knowledgeable sources.&lt;br /&gt; Avoid cookie-cutter financial plans; tailor them to individual goals.&lt;br /&gt; Understanding the implications of financial decisions is key to effective planning.&lt;br /&gt; Engaging with others about their funding strategies can provide new insights.&lt;/p&gt; &lt;p&gt;Chapters&lt;/p&gt; &lt;p&gt;00:00 Introduction to College Planning&lt;br /&gt; 01:01 Touring the University of Arizona&lt;br /&gt; 03:07 Funding College Education&lt;br /&gt; 06:02 Exploring Different Funding Options&lt;br /&gt; 11:09 Navigating FAFSA and Scholarships&lt;br /&gt; 13:41 Understanding Financial Assets for FAFSA&lt;br /&gt; 15:53 Personal Experiences with College Funding&lt;br /&gt; 20:46 The Importance of Seeking Financial Advice&lt;/p&gt;</description>

Beer & Money

Ryan Burklo & Alex Collins

Episode 327 - How Ryan is funding his kid's college education

NOV 17, 202525 MIN
Beer & Money

Episode 327 - How Ryan is funding his kid's college education

NOV 17, 202525 MIN

Description

In this episode, Ryan Burklo and Alex Collins discuss the intricacies of college planning, focusing on Ryan's personal experience with his daughter touring the University of Arizona. They explore various funding strategies for education, emphasizing the importance of flexibility in financial planning. The conversation also touches on navigating the FAFSA process, the emotional aspects of financial decisions, and the significance of seeking advice from knowledgeable sources. Check out our website: beerandmoney.net Find us on YouTube: https://www.youtube.com/@beerandmoney Subscribe to our newsletter: https://www.quantifiedfinancial.com/subscribe-now Check out our Instagram: https://www.instagram.com/ryanburklofinance?igsh=ZTJzN3Jnajd5M2Mw Ryan Burklo's LinkedIn profile: https://www.linkedin.com/in/ryanburklo/ Alex Collin's LinkedIn profile: https://www.linkedin.com/in/alexandercollins/ For a quick assessment of your current financial life go to: https://www.livingbalancesheet.com/lbsVision/lite/RyanBurklo Check out Ryan's LinkedIn Post: https://www.linkedin.com/posts/ryanburklo_college-financialplanning-collegeplanning-activity-7386038522945875970-DjOZ?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAPeigABAS2_RpYsoJM-YinxpGfnD1wyNRc #collegeplanning #financialplanning #FAFSA #educationfunding #flexibility #scholarships #emotionalfinance #personalfinance #investmentstrategies #studentloans Takeaways The importance of personal experience in college planning. Flexibility in funding options can lead to better financial outcomes. FAFSA is a crucial step in the college funding process. Emotional aspects of financial planning can affect decision-making. There are multiple ways to fund education, and no one-size-fits-all solution exists. Networking and experiences gained in college can be as valuable as education itself. It's essential to seek advice from trusted and knowledgeable sources. Avoid cookie-cutter financial plans; tailor them to individual goals. Understanding the implications of financial decisions is key to effective planning. Engaging with others about their funding strategies can provide new insights. Chapters 00:00 Introduction to College Planning 01:01 Touring the University of Arizona 03:07 Funding College Education 06:02 Exploring Different Funding Options 11:09 Navigating FAFSA and Scholarships 13:41 Understanding Financial Assets for FAFSA 15:53 Personal Experiences with College Funding 20:46 The Importance of Seeking Financial Advice