Jan 18 2023
Start The Year Off Right With These 10 Things
If you’re still working, raise your retirement savingsIf you have a 401(k) account available at work and you’re not currently contributing, tell your HR department you’d like to start (or resume) having contributions deducted from each paycheck. Already in a plan? Increase your annual deduction another percentage point or two. Reassess your budgetMake a home movie of the items in your homeUse your smartphone to take a video of everything in your home. Narrate while taping to give context and to highlight things of value.If you have accumulated a variety of retirement accounts from former employers through the years. Track down those accounts and weigh the benefits of consolidating them into one account.Take advantage of giving strategies that benefit you at tax time.Gather together all the old financial and medical documents you no longer need to refer to and shred them to protect your personal data.If you contribute pretax money to a health care flexible spending account at work, you may lose any money you haven’t used by the end of the year.Spend a few hours rereading your will, power of attorney, estate plans, and other legal documents to see if they are up to date and still reflect your wishes. Find out more about us on our website.Email: dollarsavingdivasCBUS@gmail.comPinterest: luxuryforlesskl/Facebook: dollarsavingdivasCBUSTwitter: luxuryforlessklFollow the podcast on Apple Podcasts, iHeart Radio, or your favorite podcast player.Here's a quick link to help you find our podcast on your Android device.We'd love it if you could please share this podcast with your social media friends! If you liked this episode, please leave us a rating and review for our podcast on iTunes.Discover more podcasts like this at Circle270Media Network -Thanks to Tri-Village Chamber Partnership for the studio recording space.Copyright 2023 Dollar Saving Divas & More
