☀ Summer Travel Tips ☀

July 2018 Newsletter

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Articles We Read This Month

Interest rates at online banks are on the rise. If your cash reserve is earning less than 1%, you can do better.

San Diego recently banned short-term vacation rentals unless it is the owner's primary residence. Cities everywhere are becoming more aggressive with their regulation. Do your homework before purchasing a property for the sole purpose of being a short-term vacation rental.

You may be able to reduce your taxes by investing in economically distressed areas. Opportunity zones were added to the tax code by the TC&JA passed in December, but without enough detail. More information from the IRS is expected to be released soon.

From Our Desk

Term vs. Whole - we recommend one type of life insurance significantly more than the other. Here's why.

People from all walks of life continue to fall victim to Ponzi schemes. Learn how to recognize and avoid them.

Traveling abroad this summer? Read about which credit & debit cards you should bring with you.

Alicia outlines The Financial Planning Process for those who have never met with a planner before.

Protecting Your Money

Tips for safe summer travel : your cybersecurity checklist. Besides packing your bags, getting a pet sitter, and locking up, don't forget to secure your devices.

The PWR Cash Flow System

Our winner from last month's survey was Carlos from San Diego. The responses indicated that most clients are tracking their expenses with Mint.com.

We both track our expenses in a simple, but effective Excel template. Check out the PWR Cash Flow System in our free download section. Alicia wrote about the best way to use it and created a video to walk you through each step.

In the News

Alicia was quoted in the CNBC article "5 ways to make the gig economy work for you". She discusses how independent contractors can manage an uneven income.

PWR's Summer Plans

Alicia and Travis traveled to Asia this summer visiting Tokyo, Osaka, Kyoto, Hong Kong and Macau. Here they are at a Pug Cafe, a popular trend in Asia, where you can hang out with pets.

Linda and Tim signed up for a running series in Memphis. Here they are at their first race, a 5K. The races will get progressively longer, ending with a half marathon in November.

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