Northbridge Wealth

5 Year-End Financial Resolutions To Consider Thinking about how to get your finances in order can be a daunting task, so I’ve laid out five manageable financial resolutions to consider.

7 Gift Ideas To Enhance Your Loved Ones’ Financial Literacy Are you thinking of what to give your friends and family this holiday season? Here are 7 gift ideas to enhance their financial literacy.

What Are You Thankful For? 5 Questions To Gauge Your Financial Health Consider these five questions to gauge your financial health as you reflect on the things you are thankful for this year.

4 Estate-Planning Ideas to Blunt the Sunset of Trump Tax Cuts Unless Congress takes action, the lifetime estate and gift tax exemption will decrease significantly at the end of 2025. Donor-advisor funds, charitable remainder trusts, and SLATs can help reduce the impact.

Disposable Income | Meaning, Importance, Tips, And Strategies Disposable income is the amount left after subtracting taxes from gross income. Learn budgeting tips and other strategies to increase your disposable income.

8 Opportunities In Your Paycheck You May Be Missing Let's examine some of the opportunities and potential pitfalls in your paycheck and how they can affect your financial well-being:

Heading Into Retirement With Student Loans Before you sign or cosign for a loan, make sure you know the dangers

Recently Received An Inheritance? Here’s How To Approach Investing It Discussion of inheritances and how to think about your inherited assets in the context of your overall financial goals.

How to Leave Grandkids Your Retirement Savings—and Not a Huge Tax Bill The new rules for inherited IRAs might warrant a rewrite of your estate plan.

Make This Simple Move to Get More Return on Your Cash A CD ladder can help savers navigate high interest rates by providing access to cash at predictable intervals.

The 10 Years Before Retirement Are Critical. How to Be Ready. While retirement planning is a decadeslong endeavor, the way you handle your final decade before leaving the workforce will have a critical impact on how ready you’ll be when that day finally arrives.

What’s Your Wealth Building Long Game? There are no shortcuts when it comes to building wealth. It’s all about your long game, which requires planning, consistency, patience and discipline.

Try Improving Your Relationship With A Financial Date Night Financial date night can make money management exciting and empowering, while strengthening and deepening your relationship in the process.

Tom Brady’s Decisions Tell Us A Lot About Retirement Planning NFL champion quarterback Tom Brady retired last week. Some might just say it’s déjà vu all over again. Perhaps, but it shows that Brady may be the G.O.A.T. of football, but a lot like the rest of us. Retirement is simply not as clear cut as it used to be.

Why the investment sky is not falling Let us take stock of what has occurred and what is occurring now. Perhaps by focusing on getting the big things right, we can reduce the chances that the smaller things get in our way.

7 Ways to Minimize Your 2022 Taxes by Dec. 31 Don't pay more than needed by checking out these tax-reducing steps.

5 financial gift ideas for teens and kids The holiday season is upon us and with it the eternal struggle of what to buy for the special kids on our list. This year, instead, try balancing your purchases at the mall with a financial gift that keeps on giving.

Buy That House. Your Retired Self Will Thank You. Retired homeowners are in a much better financial position than their peers who have rented.

What the Fed’s Rate Increases Mean for Your Financial Plans How to reorder your priorities on debt, spending and savings to survive in a high-rate world.

The Best Way To Take Required Minimum Distributions (RMDs) Answers to the most common required minimum distribution questions, including: timing withdrawals, reinvesting RMDs, and even how to legally avoid paying tax on distributions.

The Top 5 IRA Reminders For Year-End 2022 If you miss your RMD deadline, you will owe the IRS an excise tax of 50% of any shortfall.

9 Questions To Ask Before You Take Social Security The right time to take Social Security is different for everyone, and it varies depending on your financial plan and needs.

It Now Costs $300,000 to Raise a Child A middle-income family might spend more than $18,000 a year on average, as inflation hits food, housing, haircuts and sports, Brookings analysis finds

9 Money Moves To Prepare For Rising Inflation Inflation may be with us for a long time. These strategies can help you manage the rising costs of living and how it impacts your checkbook.

How To Create A Financial Wellness Checklist As we continue to deal with financial stress due to soaring inflation, higher gas prices and rising food costs, taking inventory of your current finances and preparing for the unexpected can help you make more informed decisions about your finances and set new financial goals.

How To Create Your Worst-Case Scenario Budget The pandemic taught us all many things. It has especially taught us how quickly life can change and how easy it is to lose your income. Here's how to prepare better.

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• Client referral engagement
• Working with advisory team to implement established service model tasks
• Maintaining advisor calendars and social media posts
• Cross trained within various industry disciplines

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3 pieces of advice about planning for pregnancy Raising a child isn't cheap — the average cost was around $287,000 over 18 years. There are many financial implications to think through, from taking time off work, budgeting for childcare, and saving for long-term goals like college. Here's what to plan for when you're expecting.

Inherit An IRA? Are You Affected By New 2022 RMD Tables? 2022 may bring a transition for those who have been taking life expectancy distributions from inherited IRAs.

Understanding the sunk cost fallacy: A cognitive bias that influences future spending based on past investments When it comes to investments, the sunk cost fallacy can keep you attached to a failing investment because of the time and money you've already invested. This is how you avoid falling into that trap.