The Weekly Wealth of Knowledge is your download of this week’s most important topics related to our community, financial planning, the markets and more! In July, we continue with the theme of the month, “independence.” Our content all month long will be highlighting all of the benefits of working with an independent financial services firm like Moneco and ways to pursue financial stability.
In this issue:
- Moneco Insights – Financial Education For Divorcees (3 min read)
- Sunset 5k Another Huge Success! (2 min read)
- Unemployment Claims Rise (2 min read)
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Moneco Insights – Financial Education For Divorcees
As we continue with the theme of “independence” all month long, this week our Insights team looks at financial education for those confronted with a divorce. Financial challenges can be particularly daunting during this time. For many, the end of a marriage marks the beginning of a new financial reality, one that requires careful planning and education. As always, if you have any questions, give us a call.
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Sunset 5k Another Huge Success!!
Well the 6th Annual Fairfield Police Sunset 5k – Presented by Moneco Advisors was the most successful yet, but also the most challenging. Mother Nature added some serious adversity that forced us to postpone the race by one hour while several severe storm cells passed overhead. In typical fashion however, Moneco clients, their friends, family and the greater Fairfield community did not give up on us or the running of the race and our post food truck rodeo. Once the skies cleared, we were off and as you can tell from the pictures below, there were no quitters last week. The preliminary numbers indicate that the funds raised to benefit the Farfield Police Foundation and The Fairfield Police Union Scholarship Fund are the highest we have ever achieved. Thanks goes out to everyone that pitched in, our vendors, clients, team members and sponsors. We could not have done it without you and look forward to hosting you all again next year!
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Unemployment Claims Rise
Last week the U.S. Bureau of Labor Statistics released the jobless claims number that came in higher than expected and at the highest levels since November of 2021. This continued softening of the jobs environment, has once again given the markets hope that the FED may be poised for a rate cut during their September meeting. If you have any questions, do not hesitate to reach out.
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