Every October, financial professionals and organizations across the country come together to observe National Financial Planning Month. This annual initiative, established by the Financial Planning Association (FPA), serves as a powerful reminder that financial wellness isn't just about having money—it's about having a plan.
With upcoming changes to tax policy in 2026 that may limit your charitable deductions combined with the SALT cap increase to $40,000, this year presents a unique opportunity to maximize your charitable impact while optimizing tax benefits. Here’s a look at two common vehicles that are used to make larger gifts.
Travel marketing sells us beautiful beaches and iconic landmarks, but the most profound journeys offer something far more valuable than Instagram photos—they fundamentally shift how we see ourselves and the world around us. Transformative travel doesn't require exotic destinations or unlimited budgets; it requires openness to experiences that challenge your assumptions and expand your understanding of what it means to be human.
The 60-day rollover rule for IRAs offers a solution for short-term cash crunches, but extreme caution should be exercised when considering this strategy. Read on for how it works and how to avoid the potential pitfalls.
The average person checks their phone 96 times per day and spends over 7 hours staring at screens. If you find yourself mindlessly scrolling, feeling anxious when separated from your devices, or struggling to focus on real-world activities, it might be time for a digital detox.
Setting big goals is exciting, but life has a way of throwing us off course before we even get started. Whether it’s getting sick, missing a week, or simply losing momentum, those setbacks can make us feel like we’ve failed. But what if you could set goals that adapt to life’s interruptions instead of falling apart when things don’t go as planned? Here’s a new approach to goal-setting that lets you stay on track—even when life gets in the way—so you can actually achieve your goals this year.
With the holiday season upon us and the end of the year approaching, we pause to give thanks for our blessings and the people in our lives. It is also a time when charitable giving often comes to mind. The tax benefits associated with charitable giving could potentially enhance your ability to give and should be considered as part of your year-end tax planning.
In the hustle and bustle of daily life, it’s easy to overlook the power of gratitude. Many of us equate prosperity with financial success, but true prosperity encompasses much more—emotional well-being, strong relationships, a fulfilling career, and a sense of purpose. Interestingly, gratitude can act as a catalyst for achieving all these facets of prosperity.
In 2002, I published my book, "The Intersection of Joy and Money," where I discussed the 5 truths of money, including the idea that money is energy. Back then, I advocated for socially responsible investing, which has since evolved into what we now call ESG (Environmental, Social, Governance) investing. At that time, less than 1% of global assets were invested in ESG funds. Fast forward to 2020, and that number has skyrocketed to 35.9%!
In today's rapidly changing financial landscape, staying informed is more crucial than ever. John’s latest economic update dives into the key trends and insights shaping the markets in the 3rd quarter of 2024. Whether you're a seasoned investor, business owner or just curious about the economy's direction, this analysis provides the essential information to keep you ahead of the curve.
