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The NextGen Wealth Weekly Roundup December 20, 2019

Welcome to the weekly roundup where I share with you interesting articles from across the web. I hope you enjoy and absolutely feel free to share and pass along.

Our Kansas City Financial Planner Weekly Roundup

Hello everyone and welcome to another edition of the NextGen Wealth Weekly Roundup. Hope you’re having a great week! THE NEXTGEN WEALTH WEEKLY ROUNDUP 12 20 2019

Stocks extended this week’s rally to record highs today, as comments were made by Trump that he had a “very good talk” with the Chinese President Friday, and they hope to arrange a formal signing next month.

The expiration of December stock futures and options, known as quadruple witching, also was helping to push stocks higher today. The impeachment seemed to have little effect on equities, and still saw the major indexes close with gains.

Regardless, stocks had a very solid week and pretty much shrugged off anything negative...which is nice to see this time of the year.

Speaking of this time of the year, if you're anything like me you're starting to get absolutely exhausted with everything going on but can't wait to spend time with family over the holidays.

I hope everyone has their shopping done and is getting ready to take some much needed time off to enjoy time with family and enjoy the holiday season. 

So enough of my commentary, let’s jump in and check out some of the best articles I ran across from the past week. Enjoy the weekend and find some time to relax.

Capsule Wardrobe Experiment: Why I Wore The Same Outfit Every Day For a Week

First up, we turn to iliketodabble with a look into the capsule wardrobe experiment and the results that she had. A capsule wardrobe is basically a limited selection of outfits that take away from some of the daily decision making of choosing what to wear. Continue reading to learn more about this experiment and the result she had wearing the same outfit for a week. 

Capsule Wardrobe Experiment: Why I Wore The Same Outfit Every Day For a Week - I Like To Dabble

December 16, 2019 This page contains affiliate links and we may receive compensation when you click through, purchase or sign up for anything through those links. Read the full disclaimer for more information. Last Updated on My favorite outfit I've ever worn to a job was scrubs when I worked at a surgery center.

The Best Ways To Use An HSA

Next up, we turn to The White Coat Investor with some basic principles on how to use your health savings account. It can be hard to know how exactly to use your HSA and there are some basic things you should know. Read on for some helpful info on how to use it to best benefit you and your financial situation. 

The Best Ways To Use an HSA

This post originally published as one of my regular monthly columns for MD Magazine (Physician's Money Digest). This Q & A grew out of an email I received from a reader. It's all about the best ways to use a Health Savings Account (HSA).

The Ultimate Guide to Unique Engagement Rings

Next up, we turn to Budget Savvy Bride with a helpful guide to finding a unique and special engagement ring. Finding a one-of-a-kind ring can make a proposal even more special, but it can be tough to find the right one. Here is a complete guide to unique engagement rings for you or your significant other. 

The Ultimate Guide to Unique Engagement Rings

This post may contain affiliate links. Click here to learn more. You've found a one-of-a-kind love that you want to spend the rest of your life with, so why not give your partner a one-of-a-kind, unique engagement ring to pop the big question?

How to Become Financially Independent in Five Years

In our final read of the week, we turn to ESI Money with some helpful information on becoming financially independent. He shares some of his personal spending and budgeting, and what he could change to reach financial independence. If you’re looking to reach financial independence as well, this post will help give you the information you need to know. 

How to Become Financially Independent in Five Years - ESI Money

Just a couple things before we get to today's post. First, I'm still trying to give away $50k. You can help me do it here - when you give, I give. Time is running out, so if you want to get the match, now is your chance. Thanks for your consideration!

Things We Were Up To This Week

Do I Need a Backdoor Roth IRA?

No matter how old you are, it's never too late to start thinking about retirement. Although you will want to put money away in a variety of different accounts, one of the most reliable is an IRA.

Wrap Up

Enjoy the weekend and spend time with family and friends. Take a break from work and give your mind some well-deserved rest from the long week. Cherish the time you have with your family and I guarantee it will make your life much happier!

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About the Author

Aurtho Clint Haynes, CFPThis article was written by Clint Haynes, CFP®. Clint is a Certified Financial Planner® and Founder of NextGen Wealth. You can learn more about Clint by reading his full bio here.

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