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The NextGen Wealth Weekly Roundup September 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! Copy of THE NEXTGEN WEALTH WEEKLY ROUNDUP 6 28 2019

It has been quite the eventful week! With the attacks on Saudi oil facilities spiking oil prices, and the Fed cutting interest rates Wednesday, stocks are still modestly higher Friday, led by health care and technology. 

There is some relief that the oil prices didn’t go up any higher. Stocks also have remained pretty positive, with the Dow Jones and the S&P 500 not far off record highs. 

Another contributor to this eventful week was the deputy trade negotiators from the U.S. and China resuming face-to-face talks for the first time in almost two months. They will start laying the groundwork for the higher-level negotiations starting early next month. 

The fears of slowing global growth have been eased slightly due to economic stimulus around the world, including the monetary easing by the Federal Reserve this week and European Central Bank last week. This seems to have brought some reassurance, but we will continue to watch how the rate cuts affect the market.

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.

The Best Money Games To Help Kids Learn

First up, we turn to Arrest Your Debt with a very helpful list of games to teach your children about money. Games can be a fun and educational way for children to be introduced to money and how it can be used. As a father himself, Ryan from Arrest Your Debt shares some of the games his children have enjoyed as well as some other practical money games. 

The Best Money Games To Help Kids Learn - Arrest Your Debt

As a father of three young children, I know many of the common struggles parents face when trying to teach kids about money. Luckily there are a ton of great resources and fun money games for kids to learn the basic concepts of personal finance.

Dave Ramsey’s Two Questionable Numbers

Next up, we turn to ESI Money with his thoughts on two numbers Dave Ramsey pushes that he doesn’t fully agree with. One of these is the 12% annual investment returns, which has sparked a lot of controversy online. ESI Money is also skeptical of the 8% retirement withdrawal that Ramsey suggests, and shares some of the problems he has with this theory. 

Dave Ramsey's Two Questionable Numbers - ESI Money

It seems there are two groups when it comes to the subject of Dave Ramsey's financial advice. Group 1 are staunch advocates of Dave's. They love him and his advice to death. They defend him in all circumstances. They are rabid fans, not afraid to share what they've learned and spread the gospel according to ...

The 10 Best Conferences for Women

Next up, we turn to Keeping Up With the Bulls with a comprehensive list of the best conferences for women to attend. Attending a women’s conference can leave you feeling motivated and inspired, which can translate into your personal and professional life. Read on to find out which conferences you should attend!

The 10 Best Conferences for Women

Conferences are an investment of time and money. When you attend a women's conference, you leave inspired and motivated to change the world. You make new connections, rekindle existing relationships and increase your chances of a pay increase. These conferences feel extra special if you're in a male dominated industry and get to spend a day with a room filled with women.

Things We Were Up To This Week

What is an Inverted Yield Curve and How Does it Affect Me?

We're headed for another recession. At least, that's what people are saying, both on the news and elsewhere in the media. However, with an economy that's thriving right now, where is all of this recession talk coming from?

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!

Follow us on social media and be sure to sign up for our monthly newsletter - I can assure you it’s not the same boring financial newsletter you’ve seen before.

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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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