Join Timothy P. Pope, CFP® as he discusses three key strategies for pilots to maximize their career opportunities. With airline career values easily surpassing the 10 million dollar mark, pilots owe it to themselves to be an active participant in their financial success. Tim points out the importance of tracking your cash and while acknowledging there's a point in your financial journey where that becomes less important. HINT: That's the goal for everyone! Tim then discusses why different systems of budgeting work for different people. Everyone is different and the most important thing is that you use a system that works for you. Lastly, Tim provides an update on the 2024 contribution limits of qualified accounts. Just by stringing a few of these accounts together, you can save quite a bit in a tax advantaged way. Learn which accounts you might have access to and how you can make maximum contributions.
What You'll learn from this episode:

• Why and when it's important to track your cash
• What can you learn from your budget and what to do with that information
• What's the best way for YOU to keep a budget?
• What are the 2024 contribution limits?
• What to watch out for before you maximize your Roth IRA and HSA accounts

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Timothy P. Pope is a Certified Financial Planner™and principal owner of 360 Aviation Advisors, LLC (“360 Aviation Advisors”), a registered investment advisory firm. Investment advisory services are provided through 360 Aviation Advisors, in its separate and individual capacity as a registered investment adviser. Podcast episodes are provided through Pilot’s Portfolio, in its separate and individual capacity.

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