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Distinguishing Financial Needs from Wants

  • mp8325
  • Dec 19, 2024
  • 2 min read

This month, my newsletter explores the following topics:

 

2024 will soon be behind us, giving us a new slate to fill as we visit our financial decisions for the coming year. Don’t hesitate to contact me if you would like to review your opportunities.

 

6 Financial Taboos That Can Prevent You From Building Wealth

Many find money conversations awkward, but ignoring these essential discussions can hinder your path to accumulating wealth. Here are six common financial behaviors considered taboo and strategies to address them effectively.

 

What Are Contingent Beneficiaries?

Here’s how a life insurance contingent beneficiary can prevent delays, complications, and potential financial hardship for your family.

 

Financial Needs Versus Wants: How To Tell Them Apart And Why It's Important

Mastering your finances starts with understanding the fundamental difference between needs and wants. Here’s how to prioritize essential spending, make conscious choices, and avoid common budget pitfalls.

 

IRS Announces New Federal Income Tax Brackets For 2025

The IRS has released the updated federal income tax brackets for 2025, increasing income thresholds and adjusting deductions. How will these changes impact your finances when you file in 2026?

 

 

Michael M. Silverman is a Financial Representative of The Guardian Life Insurance Company of America, New York, NY.  Silver Lining Insurance Agency, Inc. is not an affiliate or subsidiary of Guardian.

 

Links to external sites are provided for your convenience in locating related information and services. Guardian, its subsidiaries, agents, and employees expressly disclaim any responsibility for and do not maintain, control, recommend, or endorse third-party sites, organizations, products, or services, and make no representation as to the completeness, suitability, or quality thereof.

 

6980263.4 Exp. 12/26

 
 
 

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