Last updated 12/15/22
MSA Money Coaches provide thousands of financial consultations each month to members from all different walks of life. Our Trending Topics segment is compiled from current financial news and an analysis of the needs and goals represented by our members each month.
As we wrap up our holiday shopping and try to manage monthly budgets impacted by inflation, it is important to be aware of certain retail sales tactics designed to get you to spend more on products and services. Money Coaches will discuss product pricing trends, the pros and cons of warranties, and then talk about why you might want to check how much money you have been withholding from your paychecks to pay taxes, before the year ends.
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Information provided in this post is for informational purposes only and is not intended to offer specific personalized investment, financial planning, tax, legal, or accounting advice. We recommend that you consult an attorney, tax advisor, or accountant regarding your unique circumstances.
On August 16th, President Biden signed the Inflation Reduction Act, which includes incentives for consumers to purchase energy-efficient products. In this Trending Topics segment, Money Coaches will discuss how these incentives might positively impact budgets and a few caveats you should know.
As we approach the end of the year, there are several financial best practices MSA Money Coaches like to bring to members’ attention. Examples include newly announced 2024 IRS contribution limits for employer-sponsored retirement plans and ideas for reducing spending as the holidays get closer.