News & Updates

As a small business owner, you're always looking for ways to maximize your profits and grow your company. But did you know that there could be hidden expenses lurking in your business that are silently eating into your bottom line? These sneaky costs can add up quickly and prevent you from being as profitable as possible. We want to share some of the most common hidden expenses that small businesses face and tips on identifying and managing them. By the end, you'll better understand your true business costs and be on your way to boosting your profitability.

Being in a devoted relationship means blending your lives in more ways than one, not just emotionally, but also navigating complex processes such as combining your finances. How do you and your partner want to manage money together? There’s no one-size-fits-all solution, but most modern couples settle on one of a few common approaches to […] The post Finding the Right Financial Fit: How Do Couples Split Finances? appeared first on Five Pine Wealth Management.

You’ve worked hard to build wealth and hope to leave a legacy for family or friends after your death. But what if you could see those loved ones benefit from your resources while you are still alive? Let’s explore the possibilities and tax details around gifting your money or assets before you pass away.  The […] The post Now or Later: How to Weigh Giving During Life vs. Giving Through Your Will appeared first on Five Pine Wealth Management.

“In this world, nothing is certain except death and taxes.” You’ve likely heard this famous quote from Benjamin Franklin, written in a letter to a friend as he neared the end of his life. Death is indeed a certainty for each of us, and this knowledge can make it easier to prepare for the end […] The post Safeguarding Your Future: How to Prepare Financially for the Death of a Spouse appeared first on Five Pine Wealth Management.

You understand the importance of financial planning, and making decisions to manage and protect your wealth so that you (and potentially your partner!) can enjoy your retirement for years to come. But an often overlooked fact when financial planning — and one that has a significant impact on the planning process — is that women […] The post How To Prepare for the Future: A Guide to Financial Planning for Women appeared first on Five Pine Wealth Management.

Getting married is such an exciting time! You’ve found your soulmate and are ready to build a life together. While you may be caught up in wedding planning bliss, one of the less romantic but critical conversations you need to have is about your finances.  Marriage is not just a union of hearts; it’s also […] The post Making Cents of It All: How to Combine Finances After Marriage appeared first on Five Pine Wealth Management.

You’ve built a thriving business and poured your heart and soul into it, and now it’s time to sell and reap the rewards. Congratulations! That’s a monumental step, not just in terms of the immediate financial windfall but also for your long-term financial health. It’s an exhilarating, albeit slightly nerve-wracking, phase.  But before you pop […] The post Profit Preservation: Tax-Deferred Strategies for Selling Your Business appeared first on Five Pine Wealth Management.

Have you ever heard of time preference? It’s not a concept that’s commonly referred to, but it has been researched and studied in economics for centuries, linked to things like consumer behavior and interest rates. You’re probably more familiar with the opposing concepts of immediate rewards or delayed gratification — time preference refers to which […] The post High or Low Time Preference: How Does It Impact Your Financial Planning? appeared first on Five Pine Wealth Management.

Credit cards often evoke a mix of emotions, from love to hate, and understandably so.  On the bright side, strategically using credit cards can afford you opportunities you might not have otherwise—an upgrade to first class on a long flight, a free stay at a luxury hotel, or simply earning cash back on your spending. […] The post 4 Common Credit Card Mistakes to Steer Clear of (And Tips for Avoiding Them!) appeared first on Five Pine Wealth Management.