Our very own Marcus Holzberg, CFP® was recently featured in an article from CBS News about financial planning moves to make and avoid in 2024.
In this article, the author goes into detail about some financial planning moves to avoid in 2024 in order to continue building wealth for the long term. Among some of those suggestions are overspending on credit cards, utilizing high-interest debt, not maxing out your 401(k), not diversifying your investments, and staying overly concentrated.
Marcus commented on not getting complacent with money issues. As he says,
"...don't let multiple problems you have with your financial life compound, or say, 'It'll sort itself out.' If you have questions or concerns about your financial life, make 2024 the year where you get financially organized and figure out the issues you may be having."
This article goes hand-in-hand with our recent blog post What Financial Planning Items Should I Consider to Start 2024 Off Right?
If you have questions about ways to make your budgeting more effective, talk with a financial advisor. You can schedule a complimentary, no-obligation call with us here!
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About the Author
Holzberg Wealth Management is a family-owned and operated financial planning and investment management firm based in Marin County, CA. As your financial advisors, we serve you as a fiduciary and are fee-only, so we never receive commissions of any kind. We help individuals and families like you in the greater San Francisco Bay Area and virtually nationwide with the financial decision-making process to organize, grow, and protect your assets.
** This writing is for informational purposes only. The author and Holzberg Wealth Management do not guarantee or otherwise promise any results that may be obtained from using this report. No reader should make any investment decision without first consulting their financial advisor and conducting their own research and due diligence. These commentaries, analyses, opinions, and recommendations represent the personal and subjective views of the author and do not constitute a recommendation, offer, or solicitation to make any securities transaction. The information provided in this report is obtained from sources that the author believes to be reliable. External links to third parties are being provided for informational purposes only. Holzberg Wealth Management is not affiliated with the third-party websites linked to, unless otherwise explicitly stated, and does not constitute an endorsement or approval by Holzberg Wealth Management of any of the third party’s products, services, or opinions.