As we turn the calendar to July and hit the halfway point of the year, now is a great time to take care of things that you might normally forget about. Change your smoke detector batteries, check your HVAC filter, and also-check your finances! The halfway mark of the year is a great time to review your finances and ensure that you are on track to meet your financial goals for the year.

This week Greenspring’s Women & Wealth group hosted a Conversation Circle to discuss our own relationships with money. If you aren’t familiar with a Conversation Circle it is an opportunity for a small group to come together for a facilitated discussion to share stories and experiences. The Circle allows us to self-reflect as well as draw wisdom from others. As Wealth Managers it is second nature to ask our clients questions to draw out what their greatest fears and concerns are about money so that we can determine the best way we can help. As was the case with the cobbler whose children had no shoes, we often don’t pause to examine our own relationship with money.

With the fall and winter holiday season rapidly approaching, many are prepping to host their traditional family gatherings in new and creative ways in light of the COVID-19 pandemic. While the settings may be different this year, and we may be gathering virtually, one thing is unlikely to change: when family and friends gather, uncomfortable topics will come up in conversation. One of those topics is likely money and personal finances. In July of 2019, TD Ameritrade conducted a study that asked participants about their comfort levels discussing certain issues, primarily focusing on money/personal finances.

Here are some helpful tips to help you build and repair your financial reputation for a long-lasting impact.