Tag Archives: Investing

Episode 11 – How a Financial Plan Can Measure Your Goals and Earnings – Part Three

One of the many benefits of a financial plan is that it allows you to measure your success while maximizing your money. 

In this episode, Mike Guarino expands on these benefits to help IT professionals make the most of their plans.

In this episode, you will learn:

  • What over-investing is and how it can impact a financial plan
  • The effect of the market on those who are looking to retire this year 
  • How to maximize a 401(k) while reducing tax burdens 
  • What’s a flexible spending account and what are its benefits 
  • And more!

Tune in to learn how Mike Guarino can help you elaborate a plan according to your goals, wants, and wishes! 

Resources: Guarino Wealth Management 

Episode 10: Align Your Spending to Your Goals – Part Two

When it comes to financial planning, identifying mistakes early and making sure your goals are realistic are some small but important adjustments to make.

In this episode of Rewire and Retire, Mike Guarino explains the importance of keeping your spending in line with your financial goals.

In this episode, you will learn:

  • How a financial plan can help you detect potential money mistakes 
  • Why it’s important to consider timing when planning for retirement 
  • Different ways to align your spending to your goals
  • Why asset accumulation is important for retirement
  • And more!

Tune in to learn how to align your spending with your goals! 

Resources:  Guarino Wealth Management

Episode 9 – The Benefits of Financial Planning: Part 1

“Will I be prepared to retire at age ___?”

 A financial advisor can help you answer that question AND show you how to get there.

In this new mini-series, Mike Guarino explains the benefits of financial planning. You will learn how an advisor can help you articulate your goals and figure out if they’re realistic for your retirement timeline.

In this episode, you will learn:

  • The five steps of financial planning 
  • The benefits of outsourcing your financial planning
  • The differences between goals, wants, and wishes
  • And more!

Tune in now to learn about the many perks of financial planning!

Resources:  Mike Guarino | Guarino Wealth Management 


Episode 7 – 7 Financial Challenges That IT Executive and Professionals Face: Part 3

While you might feel a great sense of pride in the company you work for, the company stock might not be the right fit for your portfolio.

In this episode, Mike Guarino explains why IT professionals tend to hang onto company stocks, what risks come with being over-concentrated, and how to move towards diversification.

In this episode, you will learn:

  • Reasons why IT professionals are hesitant to sell company stocks
  • How investors use taxes to justify for holding onto a stock
  • Why you shouldn’t keep a stock just because it pays a good dividend
  • And more!

Tune in to learn why it’s time to move towards diversification!

Resources:  Guarino Wealth Management | Email | Free Report: The 7 Financial Challenges IT Executives and Professionals Face

Episode 6 – How to be Financially Flexible During the COVID-19 Pandemic

IT professionals, is there anything you’ve learned while working from home during this period of self-isolation? Has this time allowed you to rethink and reorganize your finances?

Today, Mike Guarino explores the importance of flexibility when it comes to goal-setting and financial planning alike. While touching on the current COVID-19 crisis, Mike discusses why reconsidering your financial strategy from time to time is essential and why your plan can become your guiding light during times like these.

In this episode, you will learn:

  • Why financial plans are custom-made
  • The importance of having a professional revise your financial plan
  • What to do with your 401(k) if you’re unemployed during COVID-19
  • And more!

Tune in now to learn how you can navigate these unprecedented times with flexibility!

Resources:  Mike Guarino | Guarino Wealth Management | mike3@guarinowealth.com  | 973-625-1112

Episode 5 – How Do Your Emotions Influence Your Financial Decisions?

Everyone has some kind of emotional tie to money. How do your emotions influence your financial decisions?

In this episode, Mike Guarino conducts a mock interview with his co-host, Aric Johnson, to demonstrate how our past experiences and different mindsets can impact our money decisions. Mike also explains why a financial plan can help people forge ahead with confidence even if they’re still feeling anxious from past money mistakes.

In this episode, you will learn:

  • What behavioral finance is and how it can help an advisor get to know their clients
  • What factors in life influence our outlook on money
  • The difference between an abundance mindset and a scarcity mindset
  • Steps for overcoming emotional hurdles when budgeting and investing
  • Why a financial plan focuses on results rather than performance
  • And more!

Tune in now to get insight into how your emotions impact your money decisions.

Resources:  Guarino Wealth Management | Email 

Untold Stories by Alexander Nakarada | Music promoted by Free Stock Music | Attribution 4.0 International (CC BY 4.0)

Episode 4 – 7 Financial Challenges That IT Executives and Professionals Face: Part 2

Are you an IT professional who’s often looking to the left and right when you’re deciding whether to sell a stock?

In part two of this mini-series, Mike Guarino explains why it’s important for you to stay in your lane instead of letting FOMO (fear of missing out) influence your decisions. Mike also shares strategies that IT people can use to stay out of a higher tax bracket when their stock options are coming due. 

In this episode, you will learn:

  • What timing strategies Mike uses to help IT people keep money off the tax radar
  • What financial information HR can and can’t give to IT professionals
  • Examples of how IT professionals tend to get influenced by FOMO
  • How to overcome external pressures as you make decisions about whether to sell a stock
  • And more!

Tune in now to learn timing strategies and FOMO-free ways to make solid financial decisions!

Resources:  Guarino Wealth Management | Email | Mike Guarino on LinkedIn | Free Report: The 7 Financial Challenges IT Executives and Professionals Face

Episode 3 – 7 Financial Challenges That IT Executive and Professionals Face: Part 1

Most of today’s IT professionals deal with hectic work schedules and equally busy home lives as they care for children and aging parents. Would outsourcing your financial planning free up your time?

In this episode, Mike Guarino, also known as “Money Mike,” begins his multi-part series on the financial challenges that IT professionals face. Part one pinpoints why IT professionals and executives have complicated financial pictures, why outsourcing your planning might be the solution you’ve been looking for, and why Mike cautions you against having an overconcentrated position in your company’s stock.

In this episode, you will learn:

  • What makes up the financial picture for IT executives and professionals
  • The process Mike follows to break down how complicated the financial picture really is
  • Why is it  important to not be overconcentrated in your company’s stock
  • An easy tip for any IT professional who is currently overconcentrated
  • And more!

Tune in now to learn potential solutions to IT professionals’ financial challenges and how to get Mike’s white paper.


Guarino Wealth Management | Email 

Episode 2 – IT Professionals, Work With the Person Who Gets You

IT was a world that Mike Guarino used to sleep, eat, and breathe in. He knows that IT professionals have hectic schedules; they’re constantly putting their days on hold to resolve spontaneous issues. Their time is extremely precious.

In this episode, Mike discusses his planning process that is tailored to solve IT professionals’ unique challenges. Mike also discusses why he is adamant about helping IT people diversify their portfolios.

In this episode, you will learn:

  • How Mike’s experience helps him serve IT professionals
  • The dangers of being heavily invested in one stock
  • What it looks like to work with Guarino Wealth management
  • And more!

Tune in now to learn about a financial planning process that is designed for busy IT professionals. 


Guarino Wealth Management | Email


In this special episode, we share updates on how we are responding to the COVID-19 situation, how we’re assisting our clients, and what actions we’re advising investors to take during this time of uncertainty. 

Tune in now to learn how the markets are being affected and what we’re doing to help clients during this tumultuous time.

Resources: Guarino Wealth Management