233. Think Like a CFO, A Smarter Way to Plan and Pay for College

1 rich Libsyn https://www.libsyn.com 90 600 233. Think Like a CFO, A Smarter Way to Plan and Pay for College On this episode of CFO at Home, Vince and Paul Compeau from Bridgewise Financial Partners discuss applying a ·think like a CFO· mindset to college planning. Paul shares some of his own personal missteps throughout his college planning process, and describes how to take a CFO-style approach to the process; mapping expected costs year-by-year, identifying funding sources, lowering the bill through school selection and financial-aid strategy, and preparing for what can go wrong. They also talk about the importance of choosing the right school, private college discount rates, and what high school counselors and college financial aid offices do and don·t bring to the table when it comes to college planning. For more on Paul and thinking like a CFO throughout the college planning process, go to .bridgewisefinancialpartners.com and click on ·College·. 01:03 Welcome + Why “Think Like a CFO” for College Planning 01:51 Paul’s Personal College Mistakes (Late Apps, Transfers, Debt) 04:25 The Real Cost of Extra Years: Tuition + Lost Income 07:03 Defining the CFO Mindset: Love for Kids vs. Clear Financial Planning 12:58 Late-Stage Planning (10th Grade): First Steps &amp; Honest Assessment 15:54 Two-Track Strategy: Student Fit Counseling + Financial Aid Planning 17:35 Maximizing Aid: Pick the Right School + Understand the Formulas 21:27 Why Guidance Counselors &amp; Financial Aid Offices Aren’t Your Best Advisors 27:42 Bridgewise College Planning: How They Help + Success Story 29:48 ROI, Selective Client Fit, and Final Takeaways Key Links https://bridgewisecp.bridgewisefinancialpartners.com/ https://www.youtube.com/@bridgewisefinancialpartner2789 https://www.linkedin.com/in/pcompeau/ Contact the Host - vince@thecfoathome.com Want to be a guest on CFO at Home? Send Vince a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500 &nbsp; CFO at Home https://www.thecfoathome.com <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/40127105/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/content/198623565