Last updated 1/13/23
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 kick off 2023 and consider our New Year’s resolutions, it’s hard to listen to the national news without hearing reports on the likelihood of a recession and continued market volatility. In this Trending Topics segment, Money Coaches discuss how you might prepare your finances if business and economic growth slow down. They’ll also talk about how you might manage your emotions and your actions when investment markets are volatile.
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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.
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.