Welcome to the Linden Oak Wealth Partners blog.
As a mother and professional, I understand the many roles women fulfill every day and the unique challenges we face when planning for our future.
I also know that as women, we need to be making the smart, strategic decisions that remove barriers and help us look toward our futures. In my job as a financial planner, I try to create an atmosphere of financial literacy and empowerment, especially during times of transition.
With the Linden Oak blog, my goal is to create a financial conversation with you that is uncomplicated, providing advice and encouragement so you can look to your future with confidence.
Some of the topics I hope to cover include:
Retirement and investment planning
Elder care planning
We at Linden Oak work to build lasting relationships in an empowering environment. I hope our blog will empower you as well. In that spirit, let’s take a look at fall finances.
Fall Finance Check-in
Every season is the season to be financially literate. But fall has its own sets of challenges. As we enter the autumn season, we begin to focus on the upcoming winter holidays that include a whirlwind of merry making, obligations, expenses and quite a bit of fatigue. Make sure you are ready for the upcoming rush with a fall finance check-in.
Prepare for Weather
In many areas, the winter season brings weather challenges. Are you ready? Winterizing your home and car are short-term, simple preparations that can save you a lot of stress and financial worry. But you need to do it now, in the fall.
If you purchased a new home this year, double check insulation, plumbing, roof and gutters before the first snow. Don’t panic, now. You still have time to get it done. But don’t put it off too much longer, either.
Prepare for Gifting
Consider your holiday shopping strategy now. List specific dollar amounts for gifts this holiday season. Shop earlier for gifts – perusing the malls throughout the fall alleviates some of the stress that comes with last minute shopping in winter, and it can make the hunt for the perfect gift a lot more fun while preventing hasty, potentially costly decision making.
Every winter we are bombarded with requests for donations. Planning your donation list in the fall not only prevents you from being overwhelmed when requests come in, you can take the time to consider which charities mean the most to you and gift accordingly. You can also plan for those tax deductions you’ll want to take when tax time rolls around.
Open a Holiday Savings for the next year this fall. Ask your bank or credit union about their holiday savings accounts and see if you can start tucking in for the following year right now. This will give you a bit of a cushion for the next holiday season coming up.
Prepare for the New Year
We are in the last quarter of the year, so it’s not too early to plan for the next. Start by checking on your employment benefits.Most companies will have the overview of the New Year’s benefit packages ready by fall, giving you time to review your health plans, retirement plans and other options. Check in to see if you have money in your flex spending health account or vacation hours so you can use them before they are lost.
Check in with your personal insurance coverages, too, from auto and home, to life and disability. Life changes may mean you need different policies, or you may find that you are eligible for discounts you were unaware of.
Prepare with a Financial Planner
Even if you’ve not done it before, schedule a consultation with a financial advisor to discuss your concerns. An excellent financial planner listens to your circumstances, discusses your goals and shares how his or her services can aid you in reaching those goals. When you have a plan put together for every season, you’ll feel empowered all year long. And that’s the way you deserve to feel.
Linden Oak Wealth Partners offers fee-only financial advising customized for women, in particular, women in transition. Our goal is to create an environment where financial planning is efficient, simplified and easy to understand. We want clients to feel empowered and engaged every step of the way. Please contact us to schedule an initial consultation today.
Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital.
The views expressed in this blog post are as of the date of the posting and are subject to change based on market and other conditions. This blog contains certain statements that may be deemed forward-looking statements. Please note that any such statements are not guarantees of any future performance and actual results or developments may differ materially from those projected.
Please note that nothing in this blog post should be construed as an offer to sell or the solicitation of an offer to purchase an interest in any security or separate account. Nothing is intended to be, and you should not consider anything to be, investment, accounting, tax or legal advice. If you would like investment, accounting, tax or legal advice, you should consult with your own financial advisors, accountants or attorneys regarding your individual circumstances and needs. No advice may be rendered by Linden Oak Wealth Partners unless a client service agreement is in place.
If you have any questions regarding this blog post, please contact us.