Blogs

Tips for the New Year

My bank sent me an email with some good advice for the new year, ways to get ahead financially in the new year.  Although this might not be new to some of you, if is a good reminder of some basics.  Here are three of the suggestions.

  1. This year we will know where our money is going:
    • No more ignoring the balance or avoiding the app…
    • Start tracking expenses regularly, identifying all of them and understanding where our money goes. This way, we can avoid surprises at the end of the month.
    • Make it a habit to open your banking app or look at the website every week.
  1. This year we will create a smart budget and stick to it
    • When we are  really in control of our financial management, it gives us a sense of security. Creating a budget is an empowering tool that helps us achieve our goals. Don’t leave the numbers “up in the air” and just drift along—take control and manage your money.
  1. This year we will set money aside and save regularly
    • It’s worth setting a monthly amount to put aside as savings, making it part of your regular routine.  Start with an amount that’s realistic (after reviewing your budget and seeing where you can cut back)—even a small amount each month. The goal is to build an important habit of saving.

Read more here (in Hebrew – use your browser to translate as needed)

“The Economist”: Israel is OECD’s third best economy in 2025

“Many have been impressed that Israel was ranked third by UK journal “The Economist,” in its index examining OECD economies. And indeed, under the title “Which economy did best in 2025?,” Israel came in third behind Portugal and Ireland. But what is the significance of such a high ranking in this index, and is it a cause for celebration?”

Read more here:

Implications:  

You may live in Israel or spend part of the year there.  When you see the Israeli stock market results from 2025 you may believe that Israel is ahead of other countries financially.  By articles like the one above, you can understand that Israel’s real strength lies in the resilience of its economy and people.  

 

Dear Friends and Clients,

A – Coming up on February 8th is our first webinar of the year, featuring Debbie Sassen.

Debbie, after finishing university, was an international banker in London, then an executive at The Bank of Israel, our Central Bank, and is now the happy advisor to many executives, particularly women. She helps clients break through their professional ‘Glass Ceilings’ and at the same time improve their quality of life. Debbie practices what she preaches, as the mother of eight children and many grandchildren. Her husband is a Technologist, who was an executive in private industry, and is now a well-known Torah educator and science writer.

If you need some new ideas and a boost, this is it!

Press here for more information and to register: 

 Press Here to read the annual summary from 21st Century Advisors, our Swiss based partners providing portfolio management in the USA and Europe.

 Press Here for important information from one of the great community Israeli Chesed organizatons, Lema’an Achai, concerning the new procedures for getting 35% tax refunds for contributions to Israeli approved charities, plus to get an idea of what this outstanding organization accomplishes.

Press Here to see Suzy Kahati’s recent memo about properly completing the annual Form 101, which needs to be completed by every employee in Israel at the beginning of each year. This determines how one’s wages are taxed by the employer.

 Press Here to view a recent short video that Avi and Mark made to help tax preparers do proactive discussions with clients in advance of real estate sales. Here is the link to our other videos. https://www.youtube.com/channel/UCQvDcSijAlsqFgrYJ13zbEA

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