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When it comes to planning for your education, there is no better vehicle than a 529. A 529 is a tax-advantaged account designed to help pay for education. 529 Plans grow tax-deferred, and withdrawals are tax-free if they are used for qualified educational expenses. The downside if proceeds are not used for qualified educational expenses, any earnings will come out as ordinary income and a 10% penalty is tacked on. However, recent legislative changes now allow for greater flexibility with leftover or unused 529 plan funds!

You have probably witnessed a tweet or some financial ‘expert’ on TikTok pose the question, “Would you rather have a million dollars today or a penny doubled every day for 30 days?” The purpose of this question is that today many people are inclined towards instant gratification due to one-day amazon prime shipping, subscription services, and on-demand entertainment. Not only is the $1,000,000 gift today significant, but if I don’t have to wait 30 days, sign me up! Heck, maybe I’ll even invest it. Obviously, this hypothetical exercise is meant to make you think it through. Why bother asking the question if the answer is so obvious?

Springtime is almost here! Spring brings a sense of renewal and optimism after the long dreary winter months. As the warmer weather moves in, we tend to find ourselves feeling more motivated, ready to clear out the old and bring in the new! Spring cleaning is a popular tradition for many, as it provides a chance to clear out any stagnant clutter and stale air. We kick off the season with scrubbing, organizing, and decluttering all of the physical aspects of our home and lives.

Cash is truly a horrible investment. I’m not talking about folding paper; I'm talking about savings accounts, money markets, and short-term CDs. In the same breath that I say cash is trash, I could also say cash is king. Cash is king as it is the single most important financial planning tool.

Stellantis, formally Chrysler, employees will be eligible to receive annual profit-sharing. As a result, approximately 40,500 U.S. hourly workers will receive up to $14,760 in profit sharing.

Ford Motor Company employees will be eligible to receive their annual profit-sharing check on March 10th. Approximately 56,000 U.S. hourly workers will receive up to $9,176 in profit sharing.

It's that time of year again when most General Motors employees will be eligible to receive their annual profit-sharing check on February 24th. Here's what you should know!

Procrastination is a quiet yet effective enemy to all of our ambitions - especially our most meaningful and rewarding ambitions that require a long period of sustained thought, discipline, and effort to convert from pure mental desires into physical realities. Furthermore, it is essentially impossible to avoid procrastinating on the necessary actions/decisions that contribute to accomplishing a pleasant desire while lacking awareness of the cause-effect relationships that enable the realization of the desire. Although someone may not be seemingly procrastinating in the general sense while engaging in unnecessary (unproductive) actions to achieve a desire - they are unknowingly procrastinating on the necessary (productive) actions by lacking awareness of such actions (causes) involved in the cause-effect relationships.