End of Year Ponderings
As we move into a new year, it’s common to develop a list of things that we’re going to “do better”. The calendar change often gives us that extra push to genuinely change things. Why not make the most of your financial resources in 2023?
Things to consider as the year comes to a close:
1. Revisit your savings rate – can you increase your deferrals into a 401k or make larger monthly contributions to your Roth IRA? Are you ready to begin buying I Series Savings Bonds?
2. Are you paying for subscriptions that you don’t need? It’s easy to build up automatic payments that no longer make sense. Look through your monthly credit card statement or bank statement to find them.
3. Check your costs for internet, cell phone, and streaming services. Internet providers may lower your costs with just a phone call. Are you using all the streaming services you pay for?
4. Want to track your spending this year? We have software that makes it very easy to see your spending by category. Let us know if we can help with this.
5. Remember to find a good place to start compiling the tax documents you will begin receiving soon.
If you need help thinking through any of the above, we’re here to help. Just give us a call or shoot us an email and we’ll set up a time to meet.
TruePath – Growing into the New Year
TruePath is growing the number of people we serve and the services we offer. In addition to financial planning and asset management, we continue to build expertise in tax planning and preparation. Troy has also completed the Dave Ramsey Financial Coach Certification. Please keep us in mind if you talk to friends or family who need any of those services.
If we can help you end this year or start the next more effectively, we’d love to help. May your holiday season be full of faith, family, friends, and joy! God’s Peace!
Joel & Troy
PS - If you do not want to receive this monthly newsletter, please reply with "Unsubscribe" in the subject line.