Gas prices have been rising all summer long, but over the past couple months, there has been some much needed retrenchment. In addition, according to some, there may even be more declines in the upcoming months, while other say we may even see $3.00 gas by year's end.
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:
• Inflation Reduction Act & Tax Credits (3 min read)
• Is $3.00 Gas In Our Future? (2 min read)
• Your Cash Flow Statement (5 min read)
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Inflation Reduction Act & Tax Credits
Now that the Inflation Reduction Act has been signed into law, how will it impact you and your families? One of the bill's main goals is to address climate change and slow down global warming and giving incentives to business to do so. However, there are several parts of the bill that could positively impact you and your families via tax credits for energy efficient home improvements. Read below to see how you could potentially benefit.
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Is $3.00 Gas In Our Future?
Gas prices have been rising all summer long, but over the past couple months, there has been some much needed retrenchment. In addition, according to some, there may even be more declines in the upcoming months, while other say we may even see $3.00 gas by year's end.
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Your Cash Flow Statement
As we continue with the theme of "money" month for August, this week we look at personal cash flow statements. Having a good handle on your cash flow is an integral part of long term financial planning. Read below to find out what you need to know to create one and what should be included. As always, if we could be of any assistance, do not hesitate to reach out.
