Chambers emphasizes the importance of family involvement in teaching kids the value of persistence and savings, highlighting the long-term benefits of these early lessons as they transition into adulthood.
She shares practical tips for parents, grandparents, and educators on how to introduce kids to basic financial concepts through everyday activities. Whether it's starting with a piggy bank, setting up a 529 plan for future education expenses, or involving children in chores to earn and save money, these foundational steps can set the stage for lifelong financial success. Maximizing Your Financial Spring Cleaning with Nicole Strbich: Fiduciary Voices #FinLit Series4/5/2024
Nicole emphasizes the importance of assessing tax returns and seizing opportunities for optimization, whether adjusting withholdings, leveraging tax-advantaged accounts, or strategizing for future tax changes. For business owners, Nicole underscores the significance of proactive tax planning throughout the year, anticipating legislative changes and aligning financial goals with tax-efficient strategies, to mitigate stress during tax season. She also highlights the value of guidance from fiduciary advisors to navigate these complex financial landscapes effectively.
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