TheLiveBigWay® Digest – Scientific Spending and Saving

Can I Take a Rain Check?

It’s likely that at some point, you’ve had to ask someone for a rain check when it’s been more desirable to accept an offer at a later date rather than in the present moment. In a similar way, when you set aside money for a rainy day, you are serving your future self by being prepared for unexpected financial hurdles. These funds collectively make up your emergency fund – read on to learn more about creative ways to contribute to your emergency fund, when to utilize the funds, and more.

The Science of Spending

What if there was a way to increase your happiness and satisfaction without much work, energy, or effort? Would you want to find out more? Science supports that it is, indeed, possible to achieve more happiness by taking an objective look at how you’re spending your money. Read on to learn more about what the emerging field of positive psychology says about how we can increase our happiness by changing how we spend our money.

TY

National 529 College Savings Plan Day 

Planning for the ever increasing education costs is a topic we frequently discuss with our Clients; it can be tricky to decide when and how to start saving because of the unknown factors that make estimating college costs challenging. In honor of National 529 College Savings Plan Day on May 29^th, we thought it would be an excellent time to revisit the topic and share our thoughts on the best available plans:

• National 529 College Savings Plan Day: We share details on the two forms of 529 plans and what to consider as you decide how best to save.
• Saving for Competing Desires: We explore considerations related to the decision to contribute your child’s education fund vs. your retirement fund.

Thank You for Joining Our Magical Event 

Earlier this week, the Yeske Buie team had the pleasure of hosting our Clients, Centers of Influence, and Friends to an event in Tysons, Virginia. The event included insightful conversations, tasty appetizers, a message of appreciation from Elissa and Dave, and a lot of laughs. We hope our guests enjoyed the evening as much as we did! And mark your calendars, west coast friends and colleagues – we’ll be hosting a similar event in San Francisco on September 12^th. For now, we hope you enjoy revisiting this week’s event via the gallery of photos on our website.

TY

Tax Return Request

If you haven’t done so already, we would like to remind you to please send us a copy of your 2017 Federal and State Tax Returns to help us better serve you throughout the year. We are best able to perform tax related analysis with your most current tax return. Exactly how the information is used varies from Client to Client but may include analyzing Roth conversions, updating retirement capital projections, calculating tax projections, and tracking tax data that can impact investment decisions. You may send the documents to us using any of the secure methods described here.