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MONECO's Weekly Wealth of Knowledge - Week of 8/2/2021

August 03, 2021

The Weekly Wealth of Knowledge is your download of this week's most important topics related to financial planning, the markets, and our community. As we enter August, we welcome in Money month at MONECO Advisors, where we will be highlighting everything related to it, including savings strategies, budgeting, cash flow, debt management and more!

In this issue:

  • Your Emergency Fund: How Much is Enough? (4 min read)
  • Consumer Confidence Hits a Pandemic - era High (2 min read)
  • 8 Ways to Unplug From Technology On Vacation (3 min read) 

If you enjoy our Weekly Wealth of Knowledge, don't forget to check out our content on Facebook, Linkedin, and Twitter! This week, we have Managing Partner, John Rosenau, introducing our latest content and events.

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Your Emergency Fund: How Much is Enough?

One of the most frequent questions we are asked by clients is "Should I have an emergency fund? and "How much should it be?" The answer to the first question is a definitive "yes," but the second question is a bit more complicated. As always, if we can help determining what amount is right for you, do not hesitate to give us a call to discuss.

Click here to read the full article

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Consumer Confidence Hits a Pandemic-Era high

Despite some headwinds that still exist throughout the economy, consumer confidence last month reached a pre-pandemic era high, yet another sign of potential strong future growth for the second half of 2021. Even with the threat of inflation ticking up, consumers were steadfast, stating they would still be confident making big ticket purchases, notably homes, appliances, and cars in the coming months.

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8 Ways to Unplug From Technology On Vacation

For many across the country, August is a prime summer month to go on vacation with friends and family. However, in this day and age, most don't take a vacation from being plugged in while gone. Here at MONECO, we all do our best to help our teammates to not be stressed out about what is going on back in the office and do our best to cover anything they need, so they come back relaxed and recharged. Even so, because we use our devices these days to take pictures, videos, complete banking transactions and so much more, completely unplugging is difficult to do. Here are 8 ways to assist you in making it happen!

Click here to read the full article

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