Money And Family Around The Holiday Table

PDF: News Letter 2018-11-30

With Thanksgiving over, we are now truly in the middle of the holiday season. How are your holiday decorating, cooking, and shopping going so far? One of the things I look forward to the most at this time of year is spending time with my extended family. Last week I told you that it’s a good time of year to talk about your estate plan; it’s also the time of year you may be asked for financial support from family members.

Many parents provide some sort of financial support for children; but how far should you go, and more importantly how should that financial support end? We all want to give our family the best chance at a financially secure future, but it’s important to ensure that you don’t put your own at risk.  Talking to the children in your life about money starting from a young age can help them start their financial lives off on the right foot.

The markets are ending the year with continued volatility, and you may be wondering if this is the new normal, or if it’s the beginnings of a bear market. The answer could be both, as economic conditions are changing. Let’s wrap up the year by making sure your investments are still working towards your long-term goals.

With financial security comes peace of mind, and peace around the holiday table.

Please feel free to share these articles with your family and friends. They are excellent conversation starters.

This week’s articles are the following:

  • Article 1: How Worried Should You Be About a Stock-Market Selloff?
  • Article 2: How and When to Talk to Your Children About Money
  • Article 3: Dear Young Boys: Let’s Talk About Money
  • Article 4: ’Tis the season for proposals. And no, the bride’s parents aren’t obligated to pay for the wedding.
  • Article 5: Do This One Thing Before the End of the Year to Save Money on Your Taxes
  • Article 6: Spread The Spirit Of Meaningful Giving This Holiday Season

This is Matthew Greiner.

We are going to close out with a quote from Winston Churchill, he said,

“Christmas is a season not only of rejoicing but of reflection.”

From all of us here at the Greiner Group

“Happy Holidays”