Tony Steuer Recommends 12-13-2024

Here are my top 10 recommendations for the week from (experienced) people who are passionate about changing the way we think about money and who are qualified and unbiased sources.

Every Moment Matters: Lessons in Living Boldly and Unapologetically by Tina Powell for the Sassy Septuagenarian presented by Keena Pettijohn . An inspiring story about facing cancer. Seasons of resilience. The power of connection. Exploring passions and giving back. Read it on (LinkedIn).

Mitigating Longevity Risks Via Past, Present & Future Tontines & Annuities with Moshe Arye Milevsky and Laurence Kotlikoff on the Economics Matters Podcast. Check it out on (YouTube).

Intentional Budgeting with Zach Whelchel and Tony Steuer, CLU, LA, CPFFE on The Get Ready Money Podcast. Be intentional with your money (and your spending). Why budgeting is the foundation of a sound financial plan. Allocate your money to your values. Why budgeting is for everyone. Check out the podcast (here).

Do This Immediately If You Have Student Loans And A Wake Up Call For Black Women with Dr. Sonia Lewis and Naseema McElroy on the Financially Intentional Podcast. Make sense of the ever-changing student loan landscape. We dive into everything from loan forgiveness programs to practical steps you can take today to reclaim your financial future. Sonia’s no-nonsense approach and her deep understanding of how student debt impacts Black women are both empowering and inspiring. Check it out on (YouTube).

Tips for College Financial Planning with Brad Baldridge and Misty Lynch, CFP® on the Demystifying Money Podcast. Critical advice for families navigating the financial maze of college preparation. Strategic borrowing for education with an emphasis on long-term impacts. Variability in college expenses and the importance of understanding the difference between sticker price and actual cost. Early-stage versus late-stage college planning and the importance of starting early. Listen on (Apple Podcasts).

Discovering Hidden Treasures While Sailing Through Year-End Finances with 💛 Virginia Asher, MS, CFP® (US and Canada) and myself on the Plunder the SEASon's Booty: Yer Holiday Treasure Map To WHealth, a Pirate Whealth Sessions interview series event. I talked about the how to find missing money (unclaimed property). We also talked about smart money tips for the holiday season. Check out the replay weekend December 13-16, 2024, registration required (here).

Working moms are still more likely to handle child care. It costs them $20,000 a year in lost wages, reports show by Jessica Dickler on CNBC.com. Despite making major strides in the workplace, as women approach their 40s, caretaking responsibilities continue to drag down labor force participation. Read it (here).

Charting Markets: A Look at 2024 from the Novel Investor. The story of 2024 began with worries about market concentration in the Magnificent Seven only to have the least techy sectors stand out by year’s end. Diversification still matters. If market history has taught us anything is that diversification matters most when the consensus believes it matters not. Its benefits pay off when we least expect it. Check it out (here).

Insurance companies aren't the main villain of the U.S. health system by Noah Smith on Noahpinion. It's mostly the providers overcharging you, not the middlemen. A whole lot of people — maybe even most people — seem to regard health insurance companies as the main villains in the system, when in fact they’re only a very minor source of the problems. Read the article (here).

The downfall of Synapse: Is your money really safe with a fintech bank? By Ivana Pino for Yahoo! Finance. With the rising popularity of fintechs, should you be concerned? Here’s a closer look at what led to the downfall of Synapse and what you can do to ensure your deposits are protected. Read it (here).

Give the gift of financial literacy.

The Get Ready Library provides access to all of my books along with 150+ worksheets to organize and monitor all areas of your financial life. It’s your all access pass to all of my content. Check it out (here).

If you like this, please share it.

Which recommendation was your favorite?

Do you have a recommendation? DM or leave in the comments.

Until next week, let’s change the way we think about money.

Tony

P.S. Join The Get Ready Money Club to receive weekly action items, podcast notifications and recommendations via email (here).