Base Wealth Management

Before making a major purchase, don’t just ask, “Can I afford it?” Ask, “What changes after I pay for it?” A thoughtful pause can help you weigh cash reserves, timing, future costs, and tradeoffs before money leaves your account.

Read the full article:https://basewealthmanagement.com/blog/what-to-check-before-making-a-large-purchase-from-savings/

What to Check Before Making a Large Purchase From Savings Learn what to review before using savings for a large purchase, including cash reserves, opportunity costs, and long-term goals.

Helping with college costs can be a meaningful gift, but it should fit within your broader financial plan. Before committing, consider the impact on retirement, cash flow, taxes, and family expectations. Read the full article: https://basewealthmanagement.com/blog/what-to-review-before-helping-a-child-or-grandchild-with-college-costs/

What to Review Before Helping a Child or Grandchild With College Costs Review tuition gifts, 529 plans, loans, and family support before helping with college costs and losing sight of long-term goals.