Simple Path Financial is a financial planning company that was founded in 2016 by J.L. Collins, the author of the book “The Simple Path to Wealth.” The company’s mission is to help people achieve financial freedom by providing them with simple, affordable, and effective financial planning services.
Simple Path Financial offers a variety of financial planning services, including:
- Financial planning consultations: Simple Path Financial offers one-on-one financial planning consultations with certified financial planners. During these consultations, a CFP will help you assess your financial situation and develop a financial plan to reach your goals.
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- Digital financial planning: Simple Path Financial also offers a digital financial planning service that allows you to create and manage your own financial plan online. This service is designed to be more affordable than traditional financial planning services, and it is still personalized to your individual needs.
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- Personal finance education: Simple Path Financial also offers a variety of personal finance education resources, including blog posts, podcasts, and online courses. These resources can help you learn more about personal finance and how to make better financial decisions.
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Simple Path Financial has a number of advantages over other financial planning companies. First, the company’s fees are very reasonable. Financial planning consultations start at just $199, and the digital financial planning service costs $199 per year. Second, Simple Path Financial’s financial planners are certified financial planners (CFPs), which means that they have met the highest standards of education and experience in the financial planning industry. Third, Simple Path Financial’s services are designed to be simple and easy to understand. This makes it a good choice for people who are not familiar with financial planning or who want to take control of their own financial future.
However, Simple Path Financial also has a few disadvantages. First, the company does not offer investment advice. This means that you will need to find a separate investment advisor if you want help with your investments. Second, Simple Path Financial’s services are not available to people who live outside of the United States.
Overall, Simple Path Financial is a good choice for people who are looking for affordable, simple, and effective financial planning services. The company’s fees are very reasonable, its financial planners are certified financial planners, and its services are designed to be simple and easy to understand. However, Simple Path Financial does not offer investment advice and its services are not available to people who live outside of the United States.
Here are some additional pros and cons of Simple Path Financial:
Pros:
- Affordable fees
- Certified financial planners
- Simple and easy to understand services
- Variety of financial planning services
- Personal finance education resources
Cons:
- Does not offer investment advice
- Services are not available to people who live outside of the United States
- Some customers have complained about the length of time it takes to get started with the company
If you are looking for affordable, simple, and effective financial planning services, Simple Path Financial is a good option to consider. However, it is important to weigh the pros and cons of the company before making a decision.
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