Wealth Management: Insights from Money on Acting Rich

Money recently published an article featuring Todd Kesterson, principal with Kaufman Rossin, discussing the habits of wealthy individuals and how they manage their finances.

Kesterson highlights that affluent people often use budgeting as a family education tool, allowing them to plan for expenditures and review financial goals regularly.

Understanding these practices can help businesses and individuals prioritize financial decisions, ensuring long-term stability and growth. It’s crucial to differentiate between needs and wants, a strategy that can greatly impact financial health.

Read the full article on Money.

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