Mark Parrett and Steven Manuel talk through the 11 things you should be doing to end your financial (calendar) year right. #1 on the list is to plan your goals summit – but then #1 is overtaken by another #1! Don’t miss the surprise ending!
Abraham’s Wallet exists to inspire and equip Biblical family leaders. Please partner with us in inspiring and equipping multi-gen families at https://abrahamswallet.com/donate/
Resources mentioned in this episode:
Our Goals Summit post: https://abrahamswallet.com/2017/12/28/your-family-goals-summit/
Monarch money: https://www.monarchmoney.com/
Flourish… contact us for an invite!
Jeremy Pryor and Steven talk about Truth: https://podcasts.apple.com/us/podcast/seek-those-who-seek-the-truth-with-steven-manuel/id1634281942?i=1000590862724
Our HSA hacking post: https://abrahamswallet.com/2019/07/30/hsa-hacking/ Fsastore.com
Ally Bank: ally.com
Trust and Will 10% off: https://trustandwill.com/advisors/invite/k8f245ca
About Abraham’s Wallet:
AW website: https://abrahamswallet.com/2017/11/27/what-is-abrahams-wallet/
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This Week’s Episode Rundown:
0:00 Steven’s caveat
5:30 1- annual summit
8:49 2- Run a tax projection
10:09 3- Retirement contributions and conversions
20:56 4- Generosity
25:16 5- Max out your HSA
28:01 6- Use FSA money
31:35 7- Check in on your benefits
38:13 8- Consider a bunching strategy
44:10 9- Review your assets to take maximum advantage of tax situations when you have options.
48:43 10- Perform a quick audit of accounts
52:02 11- Update your estate plan
55:39 Review Rundown
1:03:07 Steven prays for your 2023!
