06 Jun Spring Cleaning Your Financials

A special thank you to Ariana Waitkavicz from The Weber Group at UBS. Ariana hosted our first Lunch & Learn series called, “Spring Cleaning Your Financials” on June 2nd at Spark Baltimore. Here are the resources she shared during her presentation.

Itemize cash flow/budgeting

1. • Budgeting tool, link accounts to aggregate – https://mint.intuit.com/
   • Budgeting tool, online envelope method – https://www.ynab.com/
   • 50/30/20 Spreadsheet templates – https://www.etsy.com/market/50_30_20_budget
   • Envelope method, physical envelopes – https://www.amazon.com/budget-envelopes/s?k=budget+envelopes

Emergency fund

1. • Compare interest rates for savings accounts – https://www.bankrate.com/banking/savings/best-high-yield-interests-savings-accounts/

Put excess cash to work

1. • Great step by step guide for a beginner looking to open an investment account for the first time – https://www.nerdwallet.com/article/investing/how-to-start-investing#3.-open-an-investment-account

Consolidate where possible

1. • See attachments for educational information regarding consolidating retirement plans, always consult a professional before taking action!
     SIMPLE IRA Plan Factsheet
     SEP IRA Factsheet
     IRS rollover chart – 2023
     IRA rollover guide – 2023

Review beneficiaries & estate documents

• • Megan E. Easter
    Thomas & Libowitz – Attorney
    measter@tandllaw.com
    410-752-2468
  • Tina Lignos
    Sessa & Dorsey – Attorney
    tina@sessadorsey.com
    443-589-5600 x112