It’s a challenging market for homebuyers, but this guide can help you navigate the homebuying process.
AMERIPRISE.COM
5 financials steps for home buyers
It’s open enrollment season for many employers. Here are some things to keep in mind as you evaluate your options for 2021.
CNBC.COM
Open enrollment is coming up — here’s what to watch out for
Work toward your financial goals with personalized advice you can trust, and online tools to track your progress.
Stock market losses can lead to emotional investing decisions. But we here to help you navigate all market conditions. If you’re concerned, let’s talk about the options you have to stay on track toward your goals.
MONEY.USNEWS.COM
How to Recover After Loss in the Stock Market
Let’s Not Talk About Money
"With the pandemic forcing millions of people world-wide into financial distress, a natural response may be to avoid conversations about money at all costs. However, our research suggests that discussing money with your partner in hard times can help your relationship and finances if you approach these discussions the right way.
First, set aside a regularly scheduled time to discuss financial matters. Planned
conversations are more effective because both partners can prepare and anticipate the coming discussion, leading to exchanges that are calmer and more constructive. Further, planned conversations help couples see their financial challenges as a shared problem (e.g., “Our income decreased by 50% last month”) rather than an individual problem (e.g., “You lost your job last month”), and this shared perspective results in greater collaboration, and ultimately, better financial recovery and less relationship conflict".
—Grant Donnelly, assistant professor of marketing at Ohio State University in Columbus, Ohio
This month, like every month, financial advisors are hard at work helping clients like you stay on track to achieving your financial goals.
Monday motivation!
“Our opinions are what we'll be known for; our love is what we'll be remembered for.”
– Bob Goff, author of Love Does
October is Women’s Small Business Month. Keep an eye out for more content for women business owners. If you’re thinking about starting a business, We can help with financial tips and other considerations for getting your new venture off the ground.
“Don't save up love like you're trying to retire on it; give it away like you're made of it.”
– Bob Goff, author of Love Does
National Retirement Security Week is a great time to begin planning for your retirement or to update your existing plans. What are you looking forward to in retirement?
Don't put your career on hold
More money is lost through indecision than wrong decision. The wait-and-see mind-set hinders many people from proactively managing their careers during an economic downturn. They stay with companies due to loyalty, comfort and job security that isn’t always guaranteed. By seeking employment opportunities, individuals can affirm their value, test the economic environment, and make an informed decision regarding their current job situation.
Monday Motivation!
This holiday season – like much of this year – is more complex, even financially. How will your holiday shopping be different this year?
REALSIMPLE.COM
5 Ways to Get Your Pandemic Holiday Spending Under Control
Are you enjoying remote learning yet? Is your kids bedroom floor cleaner than their Google classroom? If so here are some tips on deleting and decluttering.
BUSINESSINSIDER.COM
How to delete a Google Classroom course, or archive it to keep its data and grades
Passing down your financial wisdom can be an enduring gift. What’s one tip you’d share with future generations?
FORBES.COM
Best Ways For Grandparents To Teach Grandkids About Money
Going Without Insurance
"During a downturn, people sometimes look to cut costs by temporarily dropping healthcare coverage. That is particularly common among people who are self employed and are concerned about how the economy is going to affect their business. But without healthcare coverage, one unexpected illness or injury could be financially devastating. Instead, people should review their coverage to see if there are less-expensive plan options".
—Shelly-Ann Eweka, a wealth management director at TIAA in Charlotte, N.C.
Investors are looking past the presidential election and toward a future with a safe and effective COVID-19 vaccine, according to Ameriprise Chief Market Strategist David Joy.
NEWSROOM.AMERIPRISE.COM
Markets Overcome Two Significant Hurdles | Ameriprise Newsroom
This #blackhistorymonth, we remember 2021 as the 60th anniversary of the Freedom Riders, black and white activists who helped end segregation. Who inspires you?
From family to taxes, there are numerous factors to consider when planning where to live in retirement. What’s at the top of your location wish list?
MONEY.USNEWS.COM
The Most Tax-Friendly States to Retire
Required minimum distributions from retirement accounts were waived for 2020 but resume in 2021. Let’s connect on the best RMD strategy for your situation.
MONEY.USNEWS.COM
Start Planning for Your 2021 RMDs Now
No Rainy-Day Fund
A big mistake that many people make in bad times is the same mistake they make during the good times: not putting money aside so they can cover three to six months of expenses. You may not be affected by the downturn yet, but it’s possible you will be. In fact, it’s more possible than it has been in years, since in a recession unemployment and underemployment risks rise. So if you’re still working, don’t put it off any longer. Start saving now!
Dad Joke of the Week:
Yesterday I purchased a world map, gave my wife a dart and said to her "throw this and wherever it lands, I'm taking you for a vacation." Turns out we are spending three weeks behind the refrigerator.
Recent market activity reflects new dynamics. Chief Market Strategist David Joy sums up prices, Q4 earnings and a potential stimulus package.
NEWSROOM.AMERIPRISE.COM
The Market Moving Power of Social Media and Commission Free Trading | Ameriprise Newsroom
