About Ben Wacek, CFP®
Ben Wacek is a fee-only, Certified Financial Planner who helps his clients steward their resources in a meaningful way for an affordable price. He uses Biblical principles as he works with his clients to budget, save, and give their money in a way that matches their goals.
Ben has more than seven years of experience as a financial planner and does not have investment minimums allowing him to work with clients of any life stage and net worth. He is based in Minneapolis but utilizes technology to serve clients across the US and around the world.
Ben loves working as a financial planner because of the opportunity that he have to make a difference in peoples’ lives. If he wasn’t a financial planner he likely would have chosen to be either a pastor or a teacher for a similar opportunity to serve others. It is incredibly rewarding for Ben when he is able to help someone develop a plan that helps them to achieve their goals.
Cars are expensive. The average American spends almost $9,000 per year per vehicle on repairs, fuel, insurance, taxes, and car payments. Add on that cars rapidly depreciate in value and it is quick to see why decisions about purchasing a vehicle significantly impact your financial picture. But you aren’t reading this post to be convinced that cars are expensive; you already knew that. Rather, this article focuses on the costs of car ownership that you can control. Namely, this article shares how to eliminate car payments altogether by paying cash for your next vehicle.
The word ‘fiduciary’ is unfamiliar to most. In simplest terms, a fiduciary is someone who works on behalf of a client with their best interests in mind. The reason it hasn’t had much mainstream attention is because, to date, financial planners have not been required to operate as fiduciaries. But that is all about to change. A new standard was recently approved by the Department of Labor (DOL) requiring all financial planners to act as fiduciaries when advising on retirement accounts.
It’s tax season in America. By April 18th, this year’s tax filing deadline, some 250 million individuals and households will have filed their tax returns with the Internal Revenue Service (IRS).