Week 38: Financial Planning

Agents who don't plan financially burn out or go broke. Set up the financial foundations that let you build wealth long-term.

Learning Objectives

• ✓Set up quarterly tax payments
• ✓Build an emergency fund and savings plan
• ✓Understand business deductions
• ✓Plan for retirement as a self-employed agent

• Set up a separate business bank account if you haven't
• Calculate your estimated quarterly tax payment
• List all potential business deductions
• Set up automatic savings (aim for 20% of each commission)
• Schedule a meeting with a CPA who works with agents