October 2020

Greetings from all of us at Cornerstone.
We are into another holiday season. Christmas decorations are showing up in stores even though Halloween is only days away.  It is a time of year that many begin to think about giving.  You can concentrate on giving to family and friends with gifts and goodies, or giving to charities and organizations with monetary donations and time.  No matter what avenue you take it is a season for thinking of others.  Amidst the giving and gifting that goes on this time of year it is always good to keep in mind the effects it all has on your own budget or financial plan.  Maybe you need a reminder not to go into debt for Christmas, or maybe you can give more than you thought once you look at the numbers.  As you take a look at your holiday plans, take a look at your finances and factor it all in together.  We have found a couple articles that might help you along the way.  

As always, let us know if you have any questions or ideas for upcoming topics.  We would love to hear from you.  Thank you for the privilege of continuing to assist you on your journey to meet  your financial goals.  

Sincerely 
The Cornerstone Team

Tax Benefits of Gifting

Charity Navigator offers a great resource for determining what charities you may want to be active in or help out financially.  They also offer additional information on giving and what to keep in mind.    Read More. 

9 Ways to Keep Holiday Spending Under Control

As the year comes to a close, spending in most households head up - on holiday gifts, entertainment, and depending on where you live, on already high energy costs.  It's easy to lose control.  So make a plan now to minimize debt while putting money where it absolutely needs to go.    Read More.