Learn about instilling financial literacy in children and get the latest on inflation trends. Discover insights to help your family's financial future in our newest newsletter.
In the midst of the summer fun, our family is staying busy with a mix of work, play, and planning for the future. It's a balancing act, but one that we approach with enthusiasm and a positive outlook. Whether it's tackling goals at work, supporting the kids' summer activities, exploring the great outdoors, or preparing for upcoming milestones, we are enjoying the journey every step of the way.
As your financial advisor, I'm here to help you navigate your own journey towards your unique financial goals. By constantly monitoring economic trends and market conditions, I aim to ensure that your investment strategy remains aligned with your long-term objectives. I am committed to providing you with the personalized guidance and support needed to make informed financial decisions and achieve the life you envision. Together, we can work towards building a solid foundation for your financial future, season after season.
Yours truly,
June Inflation Update: A Closer Look at Consumer Price Trends
The latest inflation data shows encouraging signs for consumers, with the Consumer Price Index (CPI) rising 3% in June 2024 compared to a year ago, down from 3.3% in May. This marks a significant decrease from the pandemic-era peak of 9.1% in 2022. Notably, households are experiencing relief in staple expenses like groceries and gasoline. For a detailed breakdown of these trends and their potential impact on your financial planning, check out CNBC's article here.
Teaching Kids About Finances
In a recent conversation, I was reminded of the importance of teaching kids about money from a young age. When my twins were around 7, I introduced them to the "Rule of 72" which is a simple way to calculate how long it takes to double your money. By showing them the power of compound interest, they began to understand why consistently saving and investing, even small amounts, can make a huge impact over the long-term.
Fast forward to today, and the twins (now 14) are putting a portion of their allowance into investment accounts. While they may not fully grasp all the nuances yet, engaging them early on these topics plants a seed. My goal is for them to build strong financial habits that will serve them well into adulthood. For more on this topic, check out my latest blog post.
Financial Advice is offered through Certus Wealth Management LLC, a Registered Investment Adviser.
This message and any attachments are solely for the intended recipient and may contain confidential or privileged information. If you are not the intended recipient, any disclosure, copying, use, or distribution of the information included in this message and any attachments is prohibited. If you have received this communication in error, please notify us by reply email and immediately and permanently delete this message and any attachments. Thank you.
This material prepared by Certus Wealth Management, LLC (“Certus Wealth”) is for informational purposes only. It is not intended to serve as a substitute for personalized investment advice or as a recommendation or solicitation of any particular security, strategy or investment product. Opinions expressed by Certus Wealth are based on economic or market conditions at the time this material was written. Economies and markets fluctuate. Actual economic or market events may turn out differently than anticipated. Facts presented have been obtained from sources believed to be reliable. Certus Wealth, however, cannot guarantee the accuracy or completeness of such information, and certain information presented here may have been condensed or summarized from its original source. Certus Wealth does not provide tax or legal advice, and nothing contained in these materials should be taken as tax or legal advice.
Certus Wealth Management, 1025 Alameda de las Pulgas, Ste. 102, Belmont, CA 94002, (650) 232-2023