2021 is finally here! We all tend to feel like we are starting with a clean slate as we kick off the new year. It feels like a new beginning...
From a financial perspective, it is a great time to take stock of your family’s current savings plan and ask yourself if there is room to save more or if you are missing opportunities to save in a more tax-efficient way. Here are a few of our favorite tips that are often overlooked.
Would you build a house without architectural plans? Would you take an extended road trip without GPS? Yet we often invest our money without a strategy (roadmap) in mind. When we generalize goals over longer time horizons, we have no idea if they are realistic or if we are on track to accomplish them in a time frame that we have in mind. Instead we live in fear that things won’t work out the way we hope they will. What’s wrong with that?
More than anyone, busy women understand the value of time. Many of our clients are busy women who feel responsible for the well-being of their families. Hence, it stands to reason that the time/value of money is pretty darn important as it is a critical element that allows us to take care of ourselves and our families. It is no surprise our clients also know that life’s financial implications for women are different than for men.
Jenifer Aronson is the Founder of Mosaic Fi.