9 Things You Need to Do Before 2023 Ends!
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 6 October 2023
⏱️ 32 minutes
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| 0:00.0 | Nine things to do before you close out, 2023. |
| 0:09.8 | Brent, I am excited about this because we love a little bit of good planning. |
| 0:15.0 | They can have big effects in the future and there's no better time to think about, |
| 0:19.3 | okay, here we are, we're winding up, we're coming close to the end of the year. |
| 0:22.8 | Are there things and decisions that I could be making that come tax time next year, |
| 0:28.3 | January of next year, I've set myself up well to move into the future. |
| 0:32.8 | Well, I find it interesting that most people wait until New Year's resolution time to make all |
| 0:37.6 | their goals and plans, but the reality is, is if you can attack the year end, you actually get |
| 0:44.0 | much more immediate benefits. Think about this, you might actually get lots of tax savings |
| 0:48.4 | that when you file your taxes in April, you'll be pleasantly surprised. Also, |
| 0:52.4 | everything that you do here in the fourth quarter could accelerate how much more money you have |
| 0:57.2 | going towards retirement and getting your army of dollar bills to catch traction. |
| 1:01.6 | Now, for those of you that are brand new to the money guy show, maybe you've not hung out with us, |
| 1:05.3 | we have this little thing that we like to talk about a lot called the financial order of operations. |
| 1:10.3 | It is a nine step tried and true way to walk through how to figure out what to do with your |
| 1:16.6 | next dollar. If you want the free deliverable, you can go check it out at moneyguide.com slash resources. |
| 1:21.3 | But as we're thinking through some things and ideas you ought to be noodling on as we move towards |
| 1:27.2 | the end of the year, we thought, man, wouldn't it be interesting if we use the financial order of |
| 1:31.6 | operations kind of as our metric, as our rubric to walk through. Okay, what are the things that I'd |
| 1:37.6 | be thinking about? How do I make sure that nothing slips through the cracks? Well, it makes sense because |
| 1:41.5 | there's a better way to do money. And this is, in a lot of ways, the financial order of operations |
| 1:45.9 | is your instruction manual on how to do money better. So I want to jump right in because |
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