The Accumulus Money Mentor
A Service Created to Build a Financial Plan for Millennials & Gen Z-ers in Their 20’s & 30’s
WHY choose our Money Mentoring Service?
You invested hard in your education. You’re working hard to accelerate your career. But your debt is a constant pain point and it doesn’t seem like you’ll ever be able to build wealth. We’ve been there. No matter where you are on your financial journey, we can help. We’ll discuss whether it makes sense to cut costs, get a roommate, save up cash or pay off loans. We’ll talk about your goals to start a business, buy a home or retire early.
Let’s be honest – when it comes to money, nobody feels comfortable talking about it! We’ve talked with hundreds of people just like you about their finances and can let you know where you stand. We’ll answer your questions objectively, and offer actionable advice. If you’ve ever felt overwhelmed by personal finance, connecting with us is by far the best place to start.
Most successful people are successful because someone showed them the ropes. Don’t wait until your 30’s or 40’s to take charge of your money. Talking with a mentor now will help you develop your goals, prioritise your plans and take action. Whether you’re in dire straights or feeling good about your progress, a short conversation once in a while will make you feel confident about your finances.
MEET THE FOUNDERS
Tomas O’Driscoll & Simon Thompson are both quite simply, a wealth of knowledge when it comes to money matters. They created the Money Mentor service to provide Millennials and Gen Z-ers with the basic knowledge they need to take control of their finances.
As Certified Planners with over 40 years of combined experience on paying off debt, saving money and building wealth, Simon & Tomas are passionate about helping young people lay a solid financial foundation and pave the way to achieving financial freedom for themselves.
WE’RE HERE TO HELP, EVERY STEP OF THE WAY
When you choose to work with us as your Money Mentor, here’s an idea of what to expect.
After you read a few post on our Life and Money Ireland blog site, check out our resources below and Google ‘compound interest’ (often referred to as the ‘Eighth Wonder of The World’), you’ll be ready to talk shop and learn more about money than you ever thought possible.
One-on-one phone or video call based mentoring conversations will put your newfound financial knowledge into action. Each month, we’ll provide specific advice on what you should focus on and which resources you can leverage to achieve your goals.
WE HELP PEOPLE CONQUER THEIR FINANCES
What We’ll Cover…
Our conversations are like chats with an old friend. Whether you want to take a deep dive into changing your spending and saving habits or just apply some general wealth-building tactics to your current lifestyle, we’ll help you get started and stay on track. Our goal is to work with you to tackle the most critical financial topics, including the following:
Goal-setting – Following a tried and tested process
Budgeting & Saving – Design a budget that makes room for the things you love most, and gets rid of the stuff you don’t.
Debt Repayment – We’ll help you refinance your loans or credit card debt and make a plan to pay it off while still having a life.
Credit Cards – We will show you how you can use a credit card in a way that helps you achieve your goals and optimize your use of cash throughout the month
Investment Education – We are not money managers but can show you how to set up an investment account, decide which type(s) you should have, and set up a strategy for achieving your long-term goals.
Retirement Planning – We will help you navigate the various steps along your journey like; long term investing, tax planning, protecting your plan (insurance) and setting up your estate plans to ensure you achieve your various goals.
We’ll Focus on Your Goals.
When you’re just starting out in your career, it’s important to establish what you are looking to create and identify your short, medium and longer-term goals. We can help you figure these out, what they should look like and review them on our calls. Keeping you motivated to stay on track with your money goals and following a process is our number one goal as a money mentor. Whenever you want to run something by us, whether it’s advice on how much to spend on property, how much you should contribute to a savings/pension plan, we’ll see how your long-term goals are impacted.
We’ll Make a Plan Together.
So, you want to pay off all your loans, have 3-6 months’ expenses in a savings account, and save up a lump sum for your future lifestyle in retirement? Sounds like a plan. But how will you get there? It’s critical to develop specific targets – every year, every month, and even every week – that will work in concert to help you achieve those long-term goals. We’ll help you figure out what to do with each salary payment and how to measure your progress, even if your long-term goals seem too distant to be relevant.
We’ll Be Here To Help.
Just when you think nobody will care when you finally pay off your credit card balance, save the last €100 you needed to top off your emergency fund, save a deposit for your own property, think again. We’ll be here to celebrate every win with you, and keep you motivated. If you consider ditching your goals, we’ll give you alternatives and ideas you may not have considered. We can talk about anything, celebrate your accomplishments, and avoid bad decisions. Time is on your side – so let’s make the most of it.
Our Money Mentor Plan includes:
– An introductory financial review and goal-setting meeting
– Monthly check-ins to monitor your progress and adjust your plan if needed
– 24/7 email access to ask any questions or discuss challenges