financial illiteracy - THE RIDGEWOOD BLOG.

November 28,2016

the staff of the Ridgewood blog

Ridgewood NJ, The Financial Planning Association of New Jersey (FPANJ) is launching a new, five-part video series to stress the importance of learning about your money, and how a Certified Financial Planner(TM) can play a role in reaching your financial goals.

The series features “man on the street” interviews with people, asking them questions based on the following topics:

Estate Planning
Taxes
College Planning
Social Security
Health Care

“These are topics that everyone – regardless of their income – is impacted by every day, whether or not they want to think about it,” said FPANJ President Rob Rafano. “The purpose is to demonstrate all of the various issues that CFP®s help clients handle, and why not knowing what you don’t know can keep you from building wealth, planning for retirement and so much more.”

The first installment of the Know Your Moneyseries will be on Estate Planning, and can be viewed on the FPANJ’s You Tube Channel. Its debut coincides with a presentation on December 13 on Estate Planning issuesregarding elder law that every CFP® should be aware of.

“We are hoping that this will start the conversation among consumers about how to get started learning more about their finances, saving and investing more, and leaning on the expertise of financial professionals to get them there,” Rafano said, adding, “we are also relying on our local media to help educate the public, as there is always something happening in the news that these videos relate to.”