Panelists discuss financial wellness
Tis’ the season for shopping, so what better time to evaluate your money habits… and that’s just what the Health and Wellness council did this past Wednesday morning. There was an introduction from committee chair, Bridget Lovett, who reminded listeners that financial wellness is, indeed, part of health and wellness.
The speaker panel consisted of four guests: Ora Demorrow, Wealth Management Advisor, Merrill Lynch, Holly Novak, Certified Financial Health Counselor, Mitch Clark, Tax Accountant, WhippleWood CPA’s, and Jeff Miller, Financial Advisor, Merrill Lynch.
Each panelist actively engaged and informed the audience. We summarized their expertise with a list of helpful financial tips:
A few more thoughts…
“There are so many things to buy, so many ways to buy, and so many places to buy. The market has changed so much in the past 15 years,” Novak stated.
“It’s a great idea to spend a couple hours every six months planning for your retirement. We spend so much time planning our vacations… spend time planning retirement,” said Miller.
Clark mentioned it’s a great idea to be proactive with your taxes and look into some tax breaks that may be going away very soon. Some may be on the 2016 ballot.
And lastly, from Novak: “Princeton did a study on wealth and happiness – yes, money does make us happy, but only up to $75,000 a year. After that, it doesn’t make any difference.”
The Health and Wellness Council is a group of forward thinking, proactive chamber members. Their speaker series is the 4th Wednesday morning, each month, from 7:15 – 9 AM. For more information on getting involved, please contact committee chair Bridget Lovett: firstname.lastname@example.org or staff liaison Brian Bartony: email@example.com.