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Finance Tips During COVID-19 from Financial Planner // The Exchange #036
Manage episode 332511042 series 3193399
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Hey guys, been a while since my last upload but I hope everyone is doing well and staying safe. Caught up with financial planner Mehul Gandhi to talk the current finances and economic uncertainty during COVID-19.
Mehul is an award-winning financial planning professional who specializes in advanced tax and estate planning for business owners and high net worth families. He is also a senior life insurance advisor, with expertise in creative insurance planning for incorporated individuals.
He's got some great advice for those looking cut back on expenses during this time and tips for anyone looking to invest while the market is down. He's also got tips for those looking to begin saving up an emergency fund. All really important aspects during these challenging times. Thanks Mehul for coming on the pod!
Mehul Gandhi: Instagram: @mgfinancialplanner https://go.oncehub.com/MeetWithMehul
0:11 - About Mehul
1:18 - Importance of having an emergency fund for 3+ months / creating the habit of saving $$$
4:50 - The best time to start saving even when your cashflow is low
7:11 - How much risk to take on when starting a business
9:12 - Easy ways to cut back on expenses as an individual
13:10 - Thoughts on the economy for the next 12-18 months
15:30 - Investment tips during recession/economic downturn
17:51 - Comparing 2020 to 2008 crisis / final thoughts moving forward
23:13 - Mehul's socials
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