Scott Snider, CFP®, CRPC® Mellen Money Management
- 232 Southern Oak Drive, Ponte Vedra, FL 32081
- (904) 580-4698
About Scott Snider, CFP®, CRPC®
Helping clients simplify the complexities of their personal finances in a meaningful way is what drives Scott and his business. Ever since he witnessed the stressful effect the dot-com market crash had on home life as a kid, Scott knew there was a place for him in the financial services industry. He was confident in his ability to help other families avoid the same financial regrets his Dad and Mom suffered. After completing his BS in Finance at Miami University in 2006, Scott hasn’t looked back and has been giving sound financial advice to clients ever since.
Scott originally started Mellen Money Management with the purpose of providing conflict-free advice, and emphasize the impact major life transitions have on household finances. However, Scott’s desire to help a group desperate for good advice compelled him to offer a service that is lacking in the financial planning industry — advice on student loans and college affordability. Our country is currently saddled with $1.4-trillion in student loans. Unfortunately, it’s an elephant in the room most of us have ignored way too long. Rather than bury his head in the sand, Scott made a conscious decision to help young professionals and families manage the cost of college. For most, the cost of a higher education is competing with other financial priorities, and juggling all those pieces is a daunting task for anyone that is unprepared. Everyday problems like saving enough for retirement, having money set aside for a rainy day, buying a house, selecting the right healthcare plan, and more.
To put this issue into perspective, the amount of money required to pay off student loans, especially for professional degrees in Medicine and Law, is often more of a burden to a young professional’s budget than their mortgage payment. When Scott realized the harsh reality his generation is facing, it dawned on him, why aren’t more financial advisors offering a comprehensive service that is the root of the problem for the modern day professional? Shouldn’t there be an expert helping families get in front of this issue with a well-thought-out plan? This is how Mellen Money Management got started. With proper guidance, student loan borrowers and parents with college-bound kids gain the assurance necessary in order to maximize their financial resources across the board.
Student loans are an enticing way to cover the cost of education. With over a trillion in student debt distributed among the students of America and wages stagnating, however, the student loan picture for those seeking higher education is relatively bleak. For this reason, most students are better off avoiding student loans altogether if possible.
You made it! Whether you’re just finishing up high school, graduating from university, or transitioning out of an apprenticeship—taking the leap into a new career is an exciting step. It’s one of the biggest markers of adulthood. You’ve prepared your whole life for this moment. Congratulations, you’re now a contributing member of society.
Retirement may sound like something that is way off in the distance for you. It may seem even incomprehensible to think about at your current stage in life. While these are common thoughts and feelings for many people, we hope that this article explains why it is so critical to start planning for retirement today. Below you will find several tips about important aspects of retirement planning.