Ep 34: Top 5 Money Moves to Make Before the Ball Drops

In this final episode of 2024, host Jason Blumstein, CFA (aka Big Bo), CEO & Founder of Julius Wealth Advisors, is here to help you finish the year strong and set the stage for a winning 2025. With his signature mix of wit, wisdom, and practical advice, Jason dives into the Top 5 Money Moves you need to make before December 31st.

We’ll explore:

• How to maximize tax-advantaged accounts like 401(k)s, IRAs, and HSAs
• The power of tax-loss harvesting to turn losers into financial wins
• Why budgeting is like watching game film — painful but essential
• How to avoid leaving money on the table with FSAs
• The impact of giving with intention and aligning your wealth with your values

And in the Bo Know$ segment, Jason wraps up the year with a motivational finale, comparing your financial game plan to preparing for a Super Bowl victory. Learn how setting clear, intentional goals today can make 2025 your championship season.

If you’re ready to make smart, actionable moves and start the new year on offense, this is the episode for you. Let’s get after it!

Chapters

01:54 Top Five Money Moves for 2024

02:21 Preparing for a Winning 2025

03:05 Maximizing Tax Advantage Accounts

07:14 Tax Loss Harvesting Strategies

10:28 Maximizing Your Finances for 2025

13:20 Utilizing Flexible Spending Accounts

14:47 Intentional Charitable Giving

17:33 Setting Intentional Financial Goals for 2025

Disclosure:The content is developed from sources believed to be providing accurate information. The information in this podcast is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. Julius Wealth Advisors, LLC (“JWA”) is a registered investment adviser located in Englewood Cliffs, NJ. Registration as an investment adviser does not imply a certain level of skill or training.  The publication of The Big Bo $how should not be construed by any consumer or prospective client as JWA’s solicitation or attempt to effect transactions in securities, or the rendering of personalized investment advice over the Internet. A copy of JWA’s current written disclosure statement as set forth on Form ADV, discussing JWA’s business operations, services, and fees is available from JWA upon written request.  JWA does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein.  All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly. JWA is neither your attorneys nor your accountants and no portion of this podcast should be interpreted by you as legal, accounting, or tax advice.  We recommend that you seek the advice of a qualified attorney and accountant.