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Weekly Wealth of Knowledge - Week of 4/3/23

April 05, 2023

The Weekly Wealth of Knowledge is your download of this week's most important topics related to our community, financial planning, and the markets.  April is  "financial literacy" month at MONECO. All month long we will be providing you content on the importance of spending, savings, budgeting and investing and how you can empower yourself and family members to better understand financial strategies and topics.

In this issue:

       •  Team MONECO - Fairfield Police Foundation (2 min read)
       •  Supporting The Push For Financial Literacy (3 min read)
       •  Consumer Sentiment Rises (2 min read)

BONUS:Fairfield Police Sunset 5k - Presented by MONECO Advisors

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Team MONECO - Fairfield Police Foundation

By actively participating in our local community, the team at MONECO Advisors has the opportunity to create meaningful and positive impacts in the places where we live, work, and raise our families. As a way to showcase our involvement and support for various organizations, we are shining a weekly spotlight on one group, aiming to raise awareness and recognition for the incredible work they do on a daily basis.

This week we are shining the spotlight on the Fairfield Police Foundation. The Foundation’s purpose is to raise and distribute funds to the Fairfield Police Department for a variety of purposes, including essential equipment, technology and training typically outside the municipal budget, costs associated with officer wellness initiatives, and the continued community funding of the Fairfield Police K9 Unit.

Not only is one of our Advisors, Eric Johnson, a board member of this organization, but MONECO also sponsors the Annual Fairfield Police Sunset 5K. This event donates all proceeds from the event to the Fairfield Police Union Scholarship Fund & the Fairfield Police Foundation. This year the Sunset 5K will be on Wednesday July 19th, 6:30pm-9:30pm at Penfield Beach in Fairfield. We were able to increase the number of participants to 1000 last year and do expect to sell out, so don't delay, sign up today for Fairfield's most memorable night of the summer! Sponsorship opportunities available via the registration link as well.

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Supporting The Push For Financial Literacy

As we kick off "financial literacy" month for April at MONECO, we would like to highlight another group of advisors that are carrying the torch to increase access to financial literacy, both in and out of the office. Representing their roles in the Financial Planning Association of CT, Salim Boutagy and Charlie Rocco, recently submitted a statement of support to the CT Senate on a bill to increase financial curriculums in our schools. Read below to see what they had to say in support of SB.1165!

´╗┐Click to Read Full Article

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Consumer Sentiment Rises

Despite the continued volatility in the markets, recent bank challenges and inflation, consumer sentiment unexpectedly rose in March. Although it is in no way an all clear, the consumer has remained very resilient through this most recent rising interest rate cycle and have continued to spend through it.

Click to Read Full Article´╗┐

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Fairfield Police Sunset 5k - Presented by MONECO Advisors

The 5th Annual Fairfield Police Sunset 5K is Presented by MONECO Advisors and will be held again this year on July 19th at 6:30P.M. All proceeds will be donated to the Fairfield Police Union Scholarship Fund & the Fairfield Police Foundation. You can run (3.1 mile) or walk (1 mile) course. We were able to increase the number of participants to 1000 this year and do expect to sell out, so don't delay, sign up today for Fairfield's most memorable night of the summer! Sponsorship opportunities available via the registration link as well.

Register Today!

The opinions voiced in this material are for general information only and are not intended to provide specific financial or tax advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.