TheLiveBigWay® Digest: Let’s Talk Money, Honey

Let’s Talk Money, Honey

Love can make the world go round! But when you think about your favorite memories with your sweetheart, do you think about your financial conversations? Probably not. Money talk with your significant other is an important part of a healthy relationship, although it can also be a major stressor. Taking the time to have pillow talk that includes money talk can help to enhance your relationship and avoid conflict down the road. As we approach Valentine’s Day, we share some financial conversation starters for you to consider to get started in making money talk an intimate part of your relationship.

Modern Day Literacy – More Than Just Words

Books, newspapers, emails, websites, dialogues – words are all around us. Literacy is nothing less than a survival skill in today’s United States. But what about money? Isn’t that all around us as well? Credit cards, mortgages, auto loans, tax returns, college savings plans, 401(k)s . . . Is financial literacy any less of a necessary skill than orthographic literacy today? As we continue to explore various aspects of money talk in this edition of the Digest, we take a deeper look at the reality of modern day literacy.

Featured FinTech

FinTech, or Financial Technology, refers to the innovative use of technology to streamline financial activities. While you may initially visualize FinTech as fancy smart phone apps, consider, also, how ATMs replaced bank tellers or how credit cards eased the burden of carrying cash – that’s FinTech! With an abundance of technologies available these days, we’d like to share with you some of the FinTech products that are catching our eye and highlight them in this space we’re calling Featured FinTech.

In light of today’s Valentine’s Day theme, we share a summary about a popular goal planning app that we think provides an interactive and motivating platform for implementing a couple’s financial goals.

An Invitation to Our Virginia Event

The Yeske Buie story is a compilation of extraordinary relationships from its past and present, with a pledge to continue the story by nurturing extraordinary relationships in the future. Regardless of whether our relationship has spanned two months or twenty years, we consider every moment together to be an opportunity to elevate our connection, and we hope to have another opportunity to do so at our next social gathering! Join us on Thursday, March 7th from 5:00 – 8:00pm at Bazin’s Next Door in Vienna, VA for a celebration of your past, present, and future with Yeske Buie.

How You Will Receive Your 1099

As you begin collecting your tax documents to prepare your 2018 returns, we’d like to offer a few notes about tax information for your Yeske Buie accounts.

• On the Tax Reports page of your Client Private Page®, you will find reports for your taxable accounts (for planning purposes only) and transaction reports for your IRA(s). To complete your tax return, please refer to your Schwab 1099 for dividends, interest, and capital gains in your taxable account(s), and your 1099-R for any distributions from your IRA(s).
• Schwab will be posting 1099s to the Statements tab of your Schwab Alliance account throughout the month of February. Step-by-step instructions for accessing the online forms can be found here. If you have elected to receive printed forms, you will be notified via email when the forms have been mailed. And if you have any trouble at all accessing your forms, please don’t hesitate to give us a call so we can help.