Make the most of your money.
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From rising inflation and interest rates to supply chain issues and more, the economy has no doubt been through the wringer lately, bringing most of us along for the ride (through no choice of our own). To further understand the factors you should be aware of when the economy is less than stellar, West Michigan Woman tapped the expertise of Melissa Jean Stewart, CFP®, Founder, ClearVista Advisors.
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Whether it's through your Pinterest board, saved posts on Instagram or a good old fashioned mood board of magazine clippings, plenty of us have the ultimate dream vacation planned out in our heads ... that one trip you say you'll eventually take "someday." And life, as it so often does, happens. Either your budget doesn't allow for a trip or other high priority commitments take precedence.
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When selecting a personal representative to carry out the terms of your will, consider the role's many responsibilities.
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Preparing your heirs for sudden wealth can help prevent unwise spending.
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You've found yourself feeling down, and end up doing some online shopping—perhaps for items you don't need, with money you don't necessarily have. You're hoping a simple "treat yourself" purchase will enhance your mood, and maybe it does (for a brief moment) ... but then you're left feeling regretful. Sound familiar? You may be engaging in emotional spending.