Mid-Year Financial Tune-Up: Simple Steps to Refocus and Refresh Your Financial Plan
Just like a car needs a tune-up to keep running smoothly, your financial life benefits from performing semiannual reviews. June is the perfect time to pause, reflect, and make any adjustments needed to keep your financial goals on track for the rest of the year. If you’ve gotten off track for one reason or another, it’s a great chance to hit a reset button and finish the year strong.
At StillWater Financial Advisors, we walk (or sometimes run) through life alongside our clients—not just once a year during tax season or big transitions, but throughout the entire messy journey. Here’s a simple mid-year financial checklist to help you reset, refocus, and realign your money with what matters most to you.
Planting The Seeds for the Future: Celebrating 529 Day
Each year on May 29th, families, financial professionals, and education advocates across the country recognize 529 Day—a time dedicated to spreading awareness about the benefits of 529 college savings plans. But beyond the tax advantages and investment flexibility, 529 Day is about something much deeper: planting seeds today for the dreams we want to see grow tomorrow.
Saving for education requires intention, patience, and the right environment to thrive. Whether you're a parent, grandparent, other family member or friend, or simply someone who believes in the power of education, 529 Day is the perfect time to start nurturing a brighter future.
Navigating Tax Season: Simple Strategies
Tax season is upon us, and for many it can feel a bit like navigating a maze, closing your eyes, and hoping for the best. To truly have a useful plan it has to address all facets of financial decision making which includes navigating the tax landscape to try and save money wherever possible (legally of course). So, since we are all in the midst of taxes, let’s take a look at some strategies and considerations together.
Taking Control of Your Debt: A Guide to Financial Wellness
Debt is viewed by many as something to be avoided and based on the data, that’s hard to argue against. However, with the price of housing and the way our society functions, debt can be extremely hard to avoid in our modern world.
The truth is that debt is a tool, by itself it is neither good nor bad. Like a hammer, in the right hands and with the right strategy, it can help you build the life you desire. Misused or with misfortune, it can cause great damage.
Let’s focus on some practical steps to effectively deal with your debt in an attainable, empowering way.