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Financial Planning for Nonprofits
Submitted by JMB Financial Managers on May 27th, 2022
According to the National Council of Nonprofits, about 21% of all nonprofits have an annual budget of $50,000 or less. With this in mind, maximizing the assets and income of the organization is critical, as every cent counts.
15 Ways a Financial Advisor Can Assist a Nonprofit
Submitted by JMB Financial Managers on April 21st, 2022
Most people, wealthy or not, try to support a philanthropic cause, be it big or small. Whether that be through donations, volunteering time, or joining a charity’s board, it is important that the charities individuals choose to support are utilizing resources to make the most of what they are given.
Infographic: What to Consider When Buying Long-Term Care Insurance
Submitted by JMB Financial Managers on February 27th, 2022Home Title Theft: What it is and How to Protect Yourself
Submitted by JMB Financial Managers on February 11th, 20222022 Financial Deadlines to Add to Your Calendar
Submitted by JMB Financial Managers on January 13th, 20227 Mistakes to Avoid in Retirement and How Retirement Planning Can Help
Submitted by JMB Financial Managers on December 22nd, 2021
Only 36% of adults think that they are on track to retire. The main barrier to retiring on time is a lack of proper planning and sufficient savings. However, there are 7 common mistakes that people make when they create their retirement plans:
- Not accounting for longevity
- Not accounting for taxes
- Not staying in shape
- Not adjusting your investments for age
- Not accounting for market ups and downs
- Not having a spending plan
- Not accounting for poor health
We will go into each of these common mistakes in more detail to help you understand how to avoid them in your own retirement planning.
3 Year-End Tax Saving Moves to Make in 2021
Submitted by JMB Financial Managers on November 23rd, 2021
Year-end is quite possibly the most hectic time for small business owners, and 2021 is no different. Even if the year unraveled differently than planned, it is time to look back, measure how the business did, and begin planning for 2022.
It’s also a time to make year-end tax moves to help reduce your tax bill and end the year as fiscally responsible as you possibly can.
Will Inflation Be Permanently Temporary?
Submitted by JMB Financial Managers on November 2nd, 2021
Authored by: Kezia Samuel, Guest Author
Key Takeaways
- Inflation remains an ongoing concern in 2021.
- While inflation is higher and likely to remain elevated due to challenges created by the pandemic, a look into the structural composition and the types of inflation may provide insight into how high inflation may go.
Inflation remains a topic of concern in 2021 as the prices of goods and services have continued to increase. The September inflation report showed consumer prices rose at 5.4%.1
Celebrate Financial Planning Month by Following These 5 Steps
Submitted by JMB Financial Managers on October 19th, 2021
Did you know that half of all Americans would be unable to cover an unexpected expense this month? Unfortunately, financial planning isn't a hot topic for most people, but you can't afford to neglect this important aspect of your life any longer.