JJ Burns & Company

If you’re thinking about changing jobs or already evaluating a job offer, it’s wise to consider the full compensation package and financial impact first. Ask yourself these 5 questions before you make the switch. #jobsearch #joboffer #careermoves (Source: Kiplinger)

You've devoted your life to building a thriving business. But now you're ready to sell it so you can pursue new opportunities. Your business represents an enormous investment of your time and talents—and it’s oftentimes your biggest asset. Whether your goal is to sell your business outright, sell an ownership stake, or keep it in the family, you need a solid succession plan and exit strategy. JJ Burns can help guide you through the sale and prepare for a smooth transition. We collaborate with you and the legal and tax professionals on your team to identify your options, analyze the financial ramifications, and help ensure you’re ready to take this big step. Take a look at the specific ways we can help + feel free to give us a call and chat with one of our advisors if you have personal or financial questions about selling your business: https://lnkd.in/gcKt7zBE

As of April 2024, roughly 3.5 million workers made the leap, leaving their current roles for new career options. This trend has only grown in popularity in the post-pandemic workplace. If you’re considering a career change, taking action on these thoughts may feel daunting. But, if you're noticing more than a few of the key signs on this list, it could be time to chart a new path. (Source: Forbes)

Looking for a personal finance beach read? We've pulled some options for you—whether you're seeking the latest pop seller, a classic, or entrepreneur inspiration. Happy reading!

For many, summer is a time for relaxation, fun, and adventure. But did you know that certain summertime activities might affect your taxes? The IRS has identified five things you might do this summer that could impact your taxable income next year. 👇 (Source: Kiplinger)

Whether you’re looking to retire abroad or simply see more of the world, there are many benefits of traveling. Experiencing other cultures, getting out of your comfort zone, reducing stress, making new friendships. Travel inspires us to grow. Here are a few essential financial planning tips for those bitten by the travel bug. ✈️ MAKE IT A PRIORITY: At the end of each year, ask yourself what kinds of trips you’d like to experience in the year to come. Begin researching the best time to go, who you'll be traveling with, what the trip will cost, and how you'll pay for it. ✈️ PREPARE YOUR FINANCES: You might be able to cash flow your travel expenses with money from your regular monthly budget. You could decide on a monthly savings target + set up automatic transfers to your savings account. Traveling abroad may require some more in-depth planning, especially if you’re a retiree. A wealth advisor can prove useful here, especially one who really “knows you.” They can recommend the most tax-efficient ways to fund your travel goals without disrupting your long-term financial plan. ✈️ TAKE EXTRA FINANCIAL PRECAUTIONS: Whether you handle the travel plans yourself or work with a travel agent, it’s wise to make refundable arrangements and consider trip cancellation insurance. Life likes to throw curveballs our way. If you come down with the flu the day before your big trip, you want to make sure you can easily change the dates. It's also wise to consider travel health insurance—the right policy may protect you if you get hurt or become ill while traveling and need medical care. Hopefully, you’ll never need it, but if you do, you’ll thank yourself for planning ahead. If you want to experience the benefits of traveling, catching up with your financial advisor should be on your list. Strategic financial planning can help you to fund your next dream vacation without the stress. — JJ Burns, CFP® https://bit.ly/3PgaIRO

Hitting the road this summer? We can't help you if your teen wants to listen to Taylor Swift on repeat...but we *can* offer you some cost-cutting ways to enjoy your road trip. According to a new survey by Experian, travelers intend to drive about 500 miles this summer—with about 11% of them planning to drive up to 1,000 miles. Try to budget for these anticipated costs: https://bit.ly/3VOViXY

Out on the town and looking for fun, free activities for the family? ⛱️ Find a Meetup group for hiking or cycling ⛱️ Take a walking tour ⛱️ Search for free local activities on Eventbrite ⛱️ Find free music, art, and food festivals ⛱️ Look for the freebie days at local museums ⛱️ Go on a photo scavenger hunt ⛱️ Check your credit card benefits for free attractions (Source: Bankrate)

If the methods you've been using to build wealth and reach financial freedom aren't working, it's time for a reset. To truly reach financial freedom, you need to let go of what isn't serving you.

"Freedom lies in being bold." —Robert Frost We each have the opportunity and responsibility to be bold and brave when it comes to defending liberty and justice for all. Happy 4th of July! 🇺🇸