Janette L Davis CPA LLC

If we focus more on what’s going on around us than on ourselves, we may end up feeling better about things.

This guide provides targeted tips and strategies to help you increase your retirement savings for the year ahead.

💡 January is National Financial Wellness Month. How confident do you feel about your finances? When we think about financial wellness, it often centers on numbers: #️⃣ Account balances #️⃣ Investment returns #️⃣ Debt levels However, true financial wellness is about more than the numbers. It’s about the sense of confidence that comes from having a thoughtful strategy for today and tomorrow. Think of it like your physical health: 👉 Consistent care and proactive preparations 👉 Regular check-ins and adjustments 👉 Partnering with a professional to stay on track It’s not a “set it and forget it” situation. Financial wellness is an ongoing journey, and having support can make all the difference. As the new year begins, consider giving your financial health a checkup. Whether that’s revisiting your retirement strategy, updating your budget, or discussing your goals, investing in your financial wellness now can lead to greater confidence in you and your family’s future. 🎯 #FinancialWellness #MoneyManagement #WealthBuilding #FinancialGoals

📸 Just like photography, personal finance requires perspective, patience, and adaptability: 📌 Focus on what’s important: Prioritize your long-term goals, like retirement, education, or building generational wealth. 🌟 Capture the good times: Celebrate your financial wins and milestones along the way. 🛠️ Develop from the negatives: Learn from market downturns and unexpected challenges, using them to refine your strategy. 🔄 And if things don’t work out, take another shot: Adjust and adapt. Personal finance is a continuous process, and it’s never too late to make improvements. Our firm is here to help clients remain focused and flexible so that they can capture the best opportunities while navigating life’s unexpected moments. Ready to take your next shot at financial success? Let’s connect. ☎️ #Motivation #SuccessMindset #PositiveVibes

Health insurance premiums are climbing at rates not seen in over a decade, according to an October 2024 report in The Wall Street Journal. Here’s what the numbers looked like for 2024 for average Family Healthcare Coverage: Total Premium: $25,500 😮😮 Employer Share: $19,276 👈👈 Employee Share: $6,296 ‼️ What's Changed? Premium costs have increased 7% for the second year running. Although the Wall Street Journal reported that employers have absorbed much of this increase, deductibles continue to rise, especially impacting smaller businesses. What's Different This Time? Unlike other sectors where price increases are cooling, healthcare costs remain elevated due to the following: ✅ Multi-year contract structures ✅ Higher hospital operating costs ✅ Increased labor expenses ✅ Market pressures Looking ahead: As the landscape evolves, keeping an eye on these changes and being open to new strategies will be key to your financial well-being. #Healthcare #Benefits #Economy #Business #EmployeeBenefits

In the coming year, marketers will reach shoppers through podcasts souped up with video and new sports like Major League Pickleball. But they will also have to address a massive distrust in online overtures.

🎉 Did you know only 30% of Americans make New Year’s resolutions? Most resolutions fade fast, but when it comes to personal finance, a thoughtful approach can make all the difference. Here are three practical strategies to kick off your financial year: 1️⃣ 12 Mini-Resolutions: Break down big goals into manageable monthly tasks. January might be the time to review retirement contributions, and February might be the time to update your beneficiaries. Tackling one thing at a time makes it more achievable. 2️⃣ Reverse Resolutions: Focus on what to stop doing. Maybe it’s cutting impulse buys or ending procrastination on certain decisions. Stopping the right habits can be a game–changer. 3️⃣ Risk Management Focus: Consider reviewing your insurance coverage every year. Also, you might want to take a look at extended care options, especially as you approach retirement. Here’s to a year of financial progress and lasting success! #FinancialGoals #Money2025 #WealthBuilding

Information bias occurs when data or other information is distorted or biased in some way so that it no longer reflects actual reality. Confirmation bias and availability (or recency) bias are two common examples of information bias that can impact financial investors. These and other information biases can lead to poor investment decisions based on irrelevant or excessive information.

The rise of affiliate links, Buy Now buttons, and other technology has made it easier than ever to binge, often with dire consequences.

Five trends will impact the U.S. economy and financial markets in 2025, including jobs, consumption, growth, inflation, and interest rates.