MPACT Financial Group, LLC

June is a smart time to check in on the money habits you’ve built so far this year. Poor financial habits can quietly derail savings, increase debt, and limit future options, but small changes can help you get back on track before year-end.

Build a budget: Track income and expenses for at least 30 days to see where your money actually goes.
Automate savings: Set up payday transfers so you are saving before the money can be spent.
Face debt directly: Review balances, terms, and interest rates so you can prioritize repayment strategically.
Small habit changes today can reshape your financial future. Here’s where to start: https://bit.ly/4fdHvFD

How to keep bad financial habits from becoming permanent The first step in addressing poor financial habits is recognizing that meaningful change begins with individual actions.

Identity theft can happen fast, but a few smart habits can make you harder to target.

Lock your credit: A credit freeze at all three bureaus can help prevent new accounts from being opened in your name.
Strengthen logins: Use unique passwords, a password manager, and two-factor authentication whenever possible.
Stay alert: Review financial accounts and credit reports regularly so you can catch suspicious activity early.
Read the full checklist of steps to help protect your personal and financial data: https://bit.ly/3RhIs5P

Tips to protect your personal financial information Taking strides to protect personal data is important to safeguard one’s financial security.

“Our debt to the heroic men and valiant women in the service of our country can never be repaid. They have earned our undying gratitude. America will never forget their sacrifices." - Harry S. Truman

We will always remember 🤍

Not all inheritances are gifts—some assets can burden your heirs with hidden costs and family feuds. Without careful planning, assets meant to help your family could instead become a burden:
Plan early: Work with an estate attorney to identify assets that may cause complications—like timeshares or businesses—and decide how to handle them.
Talk it out: Discuss your wishes with heirs now to prevent conflict and confusion later.
Keep it simple: Cash and investment accounts are easiest to divide and least likely to spark disputes.
Source: https://bit.ly/jqeljkhiTh

7 Things You Should Never Leave to Your Kids or Grandkids Leaving these assets to your loved ones may be more trouble than it’s worth. Here's how to avoid adding to their grief after you're gone.

A will isn’t a “set it and forget it” document, and an outdated plan can create stress for the people you care about.

Review every few years: Even without major changes, laws, finances, and family needs can shift over time.
Act after life events: Marriage, divorce, a new child, a death, or a major financial change may be a reason to revisit your documents.
Check the details: Beneficiaries, executors, trustees, and guardians should still reflect your current wishes.
Learn which life moments may call for an estate plan review: https://bit.ly/4fsrR9g

Legal-Ease: How often should I update my estate plan? Most people think, “I already have a will, so I’m good, right?” But this is not necessarily the case. Creating an estate plan is a great first step, but it’s not a “set it and forget it” kind of deal. Life changes, and your estate plan should also change when needed to keep up. So how of...

Happy Mother’s Day to women who lead with love, strength, patience, and endless care. Today, we celebrate all the mothers and mother figures who shape lives in ways words can never fully capture.

We wish you a day filled with appreciation, joy, and the love you so deeply deserve. 💐

Peace talks between the U.S. and Iran just sent oil prices tumbling 8%, and stocks surging. A potential deal to reopen the Strait of Hormuz could bring relief at the gas pump and on airfare. Read what's in the proposed agreement and what happens next: https://bit.ly/4ey7V4K

Oil prices plunge and stocks rally on reports that the US and Iran are close to a peace deal US oil prices fell nearly 10% on Wednesday after news that a peace deal could be close. Stocks jumped and bond yields tumbled.

Most people want to age at home, but few plan for what that really takes.

A Common Gap: Even an end-of-life care doctor struggled to get her own parents to plan.
• Small Changes Matter: Simple home updates, like grab bars and stair ramps, can help support independence and avoid bigger setbacks.
• Why It’s Missed: Limited time and training for providers, plus system constraints, mean these conversations often don’t happen.
One physician’s story highlights a gap many families face. See what could help change it: https://bit.ly/4d43fkq

Opinion | My Parents Are Old. They Need to Plan for It. (Gift Article) A few small changes to their home and habits will make it much more likely that they can age in their own home.

Mortgage rates above 6% aren’t ideal, but they may be creating a more favorable market for buyers. Here’s the silver lining:

Less Competition: Higher rates have sidelined some buyers, reducing bidding wars and giving you more time to decide.
More Negotiating Power: Homes are sitting on the market longer, opening the door to price cuts, closing cost credits, and other concessions.
Flexibility on Rates: Locking in the right home now and revisiting the financing later may be smarter than waiting for a perfect rate that may never come.
See how to navigate today’s market with a more strategic approach: https://bit.ly/4vY9f72

Mortgage Rates Are Up Again. 3 Reasons You Should Buy a Home Anyway After dropping earlier this year, mortgage rates have crept back up. Here's why buyers shouldn't be deterred.