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If you want to save money on taxes and maximize potential financial opportunities, you must act before December 31st. With the holidays fast approaching, here are ten things to consider before the ball drops in Times Square.
Many American consumers today are feeling the sting of rising prices. This “pain” is particularly evident at the grocery store and gas station. Here’s some perspective. According to the Bureau of Labor Statistics consumer price index, $1 in 1970 would have the equivalent purchasing power of about $7 in 2021, an increase of $6 over 51 years. This illustrates the loss of purchasing power we call inflation. Over time, a dollar doesn’t buy nearly as much today as it once did. How does one address inflation?
This July, many of us are celebrating not only our nation’s independence, but our own. As we observe America’s birthday, we might also be reveling in face-to-face gatherings and greater freedom of movement.