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- How to Teach Your Teens the Principles of Money Management
Teach teens money management: Earn all money, save at least 10%, involve them in family finances, let them shop with a budget, and explain the time value of money.... more
- Annuities: The Swiss Army Knife of Financial Planning
In conclusion, amidst volatile markets and rising interest rates, annuities emerge as versatile tools for legacy, healthcare, long-term care, Social Security, and charitable planning.... more
- Budgeting Wisely: Effective Tips for Multigenerational Families
Through open communication and shared resources, multigenerational families can thrive financially, fostering harmony and security.... more
- Combining Passion and Purpose: Steps to Effective Charitable Giving
Combining passion & purpose in charitable giving leads to impactful philanthropy. Self-reflect, set goals, diversify giving & stay engaged for lasting impact.... more
- Understanding the Order of Saving Money and the Best Saving Vehicles
Save 15% of after-tax earnings; prioritize savings in Emergency Fund, 401(k), Roth IRA, HSA, Brokerage Account, and Life Insurance for optimal growth and tax efficiency.... more
- What is GDP and Why Does It Matter?
GDP is a vital indicator of economic health, guiding decisions for investors, policymakers, and businesses, crucial for understanding market trends.... more
- Tax Efficient Investing is the Quickest Path to Wealth Creation
Tax-efficient investing accelerates wealth creation. Key factors: holding period, hidden taxes in IRAs, proper account allocation, long-term focus, and tax-loss harvesting.... more
- Should You Pay Your Mortgage Off Before Retirement?
Mortgage payoff pre-retirement? It depends on circumstances, priorities, and needs. Analyze for the best fit.... more