In our recent episode of the Virtual U.S. Financial Advisors podcast, we feature Jessica Medina, a former lawyer who became a successful accredited financial counselor. Jessica shares her background in law and regulation and how it has shaped her approach to financial counseling. She highlights the importance of being well-trained and adhering to ethical standards in the field.
The guest delves into the emotional aspect of money, particularly in relation to student loan debt. Jessica stresses the significance of understanding the nature of student loan debt, as it can greatly impact lawyers' careers and financial stability. She emphasizes that not all student loan debt is equal and encourages clients to understand the different types of loans they have and the available strategies for managing them.
To achieve financial awareness and create a personalized financial plan for clients, Jessica places great emphasis on building financial literacy, paying off student loans, and managing other debt. She encourages clients to take control of their finances and create a plan that works for them.
Our guest leaves the listeners with a very important question that every salaried individual must ask themselves. She asks, “If you had better control over your finances, would your credit card bill be as high if you paid it off every month?” The best way to achieve financial freedom is to reflect on your situation and take measures to improve!
Key Takeaways:
(01:37) Jessica's inspiring career transformation
(2:50) Transitioning into a new career path: challenges and opportunities
(8:06) Discover what it takes to become an accredited financial counselor
(9:21) Gain valuable insights into the role of an accredited coach
(13:45) Get a fresh perspective on how to view finances
(17:47) How to think about debt and finance differently?
(20:13) How can private loans be a burden for students?
(24:21) A critical question for salaried people
(26:03) Invest in your financial future with foresight
About Jessica
Jessica Medina is a dynamic and inspiring individual who has transformed her career from a successful lawyer to an Accredited Financial Counselor®. With over 14 years of experience in the DC metro area, Jessica's passion for helping others led her to pursue her true calling in financial coaching. A single mom of twins, she faced the challenges of managing her finances while balancing her demanding job at a law firm. But her determination and drive to create a better future for her family pushed her to achieve financial stability and retire from her legal career.
With the support of the Accredited Financial Counselor® training and examination, Jessica has broadened her knowledge and expertise in the field of personal finance. Today, she works closely with her clients, guiding them on their personal financial journeys and tailoring her advice to their unique circumstances.
You can reach out to her via her website:
https://www.jessicamedinallc.com
LinkedIn:
Disclaimer:
The content has been made available for informational and educational purposes only. The content is not intended as a substitute for professional investment, legal or tax advice. Always seek the advice of your financial advisor or other qualified professionals with any questions you may have regarding your business or personal planning.