Savor Financial

PSA: Custodians might have earlier deadlines for some of your end-of-year financial planning tasks than 12/31. Custodians have been sending out their processing timeline for December. This is a screenshot for one of the custodians that I work with. Make sure you get your Roth conversions, IRA contributions, or other tasks started before the deadlines hit!

Thank you Brian O'Connell for including my thoughts on specific features of Solo 401(k) accounts! This is a great Solo 401(k) 101 for anyone who wants to know more about what they are. https://lnkd.in/gfJ3KbZh

THE BEST PASSIVE INVESTMENT BY FAR!!! Do I have your attention? Well I'm not exaggerating when I say that TIME is the best passive investment. If your calendar looks anything like mine, you’re juggling more tasks than time, leaving little room for those important but non-urgent priorities—like personal finance and financial planning. But what if we could turn time into an ally instead of a constraint? In my latest article, I explore how busy young families can harness the power of micro-actions to take control of their financial future, one small step at a time. Think of it as slow cooking your way to financial success—simple, steady actions that build up over time. 🚀 Ready to make your financial journey more manageable and less daunting? Read the full blog to discover the power of consistency, habits, and compounding in transforming your financial future. It all starts with a single step.

You might've noticed that we didn't send out a newsletter for June. That's because I was in Asia with my family! We had a great time visiting Japan for the first time and catching up with family and friends back in China. But this newsletter is not about the sights and the food. Instead, it’s about how “having an emergency fund means you can turn emergencies into inconveniences.” Buckle up, it's a wild ride. #Emergencyfund #Financialplanning

I have joined the Forbes Advisor Investing and Retirement Advisory Board, a group of experienced, vetted financial professionals at Forbes Advisor who support its mission to help readers make simpler, smarter and less stressful decisions about investing and retirement. Read more here: https://lnkd.in/eBxrgc4r 

Look up quality appliance recommendations on Reddit. Not financial advice.

🚀 Step by Step to Financial Freedom: Understanding the Hierarchy of Financial Needs 🔍 All models have limitations, and while no advice fits everyone universally, certain frameworks stand out for their utility. Among them, the hierarchy of financial needs is a powerful tool that resonates deeply with me. 🔝 Inspired by Maslow's well-known Hierarchy of Needs, the financial version adapts these psychological insights to our financial lives. It provides a clear path from meeting basic needs to achieving ultimate financial freedom and even crafting a lasting legacy. 💡 This article dives deep into how this hierarchy can help you: - Identify where you currently stand in your financial journey. - Set practical short-term goals that are achievable and impactful. - Motivate yourself to ascend to the next level, enhancing your financial well-being. 📊 From ensuring your cash flow exceeds your expenses, safeguarding against financial shocks, to strategically building wealth and beyond, each step is designed to bring you closer to the freedom that financial security can offer. 🔗 Dive into the full article here and start mapping out your journey to financial freedom today! 👥 I’m eager to hear how you apply these strategies in your own life or how you plan to move up in your financial journey. Let’s discuss in the comments! #FinancialPlanning #WealthBuilding #FinancialFreedom

Did I write about procrastination? Yes. Did I procrastinate while writing about procrastination? Also yes. 🕒✍️ But here's the twist - diving deep into the world of delays and dawdling brought me face-to-face with a profound realization: procrastination doesn't just affect the minor parts of our lives; it has a significant impact on our financial wellbeing too. In my latest article, "Overcoming Procrastination: Unlocking Your Path to Financial Empowerment," I share a candid journey through the maze of procrastination, particularly how it intertwines with managing our finances. 💡💼 If you've ever found yourself putting off financial decisions or tasks, this article might just be the nudge you need. Let's embark on a journey to financial empowerment together, one step at a time. #FinancialWellness #TimeManagement #Procrastination #FinancialPlanning #Empowerment

Hey! Just a friendly reminder that your business needs dedicated emergency savings too!