Here’s what we have on deck today:

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📗 Read: 5 Things to Reflect on this Week

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🎙️ Listen: How To Spend Your Money To Maximize Happiness (By Age!)

5 Things to Reflect on this Week

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Think about these this week and reflect on if they fit into your life.

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1. The Key to Anything in Life Is Longevity & Patience

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The patient investor is the investor who always wins. This goes for any investment." Success doesn't happen overnight. Whether it's your health, your wealth, learning, or managing your energy, patience pays off. It makes success more likely and reduces risks.

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2. Your Desires Control Your Happiness (So Why Not Desire Less?)

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The more you desire, the less happy you become. Chasing endless desires makes you less happy. If you seek fulfillment in things, you'll always want more. Learn to want less, and find happiness in what you have.

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3. If You Can Get the Goalpost to Stop Moving, You Can Win the Game

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The hardest thing to do in personal finance is to get the goalpost to stop moving. Once you can master this, you can win the game of personal finance.

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4. Be Worried Enough to Save in the Short Term and Confident Enough to Invest in the Long Term

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Fear helps us save for tough times. Confidence lets us invest in the future. You need both to create long-term wealth.

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5. Never Sacrifice These Things for Money

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Faith, Family, Fitness. Money isn't worth losing your faith, your family, or your health. These are vital and should never be compromised for financial gain.

Today’s newsletter is brought to you by Empower.

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​Empower is a really helpful free tool for keeping track of your money. It's easy to use, and it helps you see how much money you have and owe. With Empower, you can make smart choices about your finances and reach your money goals.

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I use it every single day and it has changed my energy levels and sleep. Track your Net Worth for Free and use this link. ​

👍 Money Finds

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Social Security Taxation 🧮

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​CNBC highlights a pressing issue facing Social Security beneficiaries: an increase in taxes on their benefits. Due to certain thresholds not being adjusted for inflation, more retirees are finding a significant portion of their Social Security benefits subject to federal income taxes. This article delves into the mechanics of how benefits are taxed and suggests possible strategies for beneficiaries to minimize their tax obligations. It’s a must-read for anyone navigating retirement finances, providing insights into the evolving landscape of Social Security taxation.

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Generational Wealth Shifts 🔄

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​Business Insider explores the dynamic shifts in stock market investments across different generations, with a focus on Millennials and Gen Z. As Baby Boomers age, a significant transfer of wealth to younger generations is underway, impacting investment trends and market dynamics. This piece examines how younger investors are leveraging technology and social media to make investment decisions, potentially reshaping the financial landscape. It's an intriguing look at how generational changes are influencing the stock market and investment strategies.

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Housing Market Outlook 🏠

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​A Wealth of Common Sense presents a comprehensive analysis of the potential downturn in housing prices, outlining the "bear case" for the market. The article assesses various factors that could lead to a decrease in housing prices, including economic trends, interest rate hikes, and changing consumer preferences. It provides a balanced view by considering both short-term and long-term perspectives, offering valuable insights for homeowners, investors, and potential buyers. This analysis is crucial for anyone looking to understand the possible future directions of the housing market.

​The Art of Focus: Find Meaning, Reinvent Yourself and Create Your Ideal Future​

​I Have Too Many Financial Goals How do I Prioritize Them?! - Money Q&A​

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​How To Spend Your Money To Maximize Happiness (By Age!)​

Youtube

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​VTSAX VS. VTI: The Ultimate Showdown of Vanguard Total Stock Market Index Funds​

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