Nov. 7, 2023
Year End Money Moves to Make
Welcome back to another episode of the If Money Were Easy podcast. Today, Mary Beth and Neela dive into some financial items to check in on before the end of the year. They explore what to focus on when creating a 2024 budget and what to account for when eyeing future spending. They also discuss how to approach your charitable giving, understanding your "why", and help define which causes are truly meaningful to you. As the year end approaches, be sure to listen to this episode and help keep your finances moving in the right direction!
For additional resources, information, and a full transcript of the episode, visit our website. To access our podcast disclosure information, visit this page.
What You'll Learn in this Episode:- Reasons you should evaluate your financial situation before the year ends
- Items you should focus on with your finances
- Things to consider for your 2024 budget
- How to approach next year's budget and tools for tracking spending
- Something specific to think about when deciding which charities to give to
- Ways to prioritize and plan for future spending goals
- The importance of understanding "why" you contribute to retirement planning accounts or 529 plans, and what those numbers mean
- A summary of topics to touch on as the year wraps up
- Empower (formerly Personal Capital)
- YNAB
- Mint.com
- Smart Charitable Giving
- How to Maximize Giving and Save on Taxes with Donor Advised Funds
- Estate Planning Essentials for Parents of Young Children with Bahar Geslin