Thanksgiving is over, which means the time to find gifts for all of your friends, family, and loved ones is now in full force.
It can be a stressful time of year, but it doesn’t need to be. ‘Tis the season where we reflect on those in our lives, what they mean to us, and everything they’ve done to help make us successful.
There is no shortage of gift ideas out there for your friends, parents, kids, cousins, aunts, uncles, and neighbors. From the latest in electronic technology to a fresh BBQ grill set, you can always find something tangible to gift those who mean the most to you. While those commodities are all well and good, are they actually all that useful? Most times, people use their new Christmas gift for such a short period of time before it gets outdated, broken, or simply forgotten about.
This holiday season, you should consider getting your loved ones something a little more valuable, particularly if they are apt at saving money, investing, or just being financially minded.
If you know that your husband, wife, brother, or even your parents happen to be financially savvy, there are a few things you might want to consider. Whether they are a young professional or they’re gearing up for retirement, there are plenty of financially savvy gift ideas out there to consider.
If you’re looking for the perfect holiday gift for the financial guru in your life, then look no further. In this blog, we’ll be taking a look at a few examples in order to make a splash and give a gift that is more useful than anything they’ve ever received before.
At Tactical Wealth, we don’t have any hot Black Friday or Cyber Monday deals; what we have instead is a way for you to take part in the gift that keeps on giving. Our Fixed Income Fund is a unique, smart investment which helps to provide a stable, reliable monthly income throughout its entire lifespan. If you really want to give a gift worth giving, contact Tactical Wealth to learn more about our Fixed Income Fund. We can help set you or your loved one up with financial security and peace of mind for the long-term.
For The Kids
One thing you might want to consider is teaching your children about the importance of finances and savings at an early age. The holiday season is a perfect opportunity to do just that. While they may be dreaming about the latest toy or video game, you can give them a gift that will set them up for success long ahead of time. Here are a few options
- Savings Bonds: Yes, these things are still around, and they are sure to make a great gift for the financially savvy kid in your life. By opening a treasury bond in your name (or your child’s name) through the U.S. government, you are essentially giving a loan to the government. In return, they’ll repay you (with interest) at a later time of your choosing. It can be as soon as 12 months or as long as 30 years. This is a great option to introduce your kids to savings, interest rates, and investing in general.
- College Fund: Another great gift idea for your kids, nieces, or nephews, is to set up a college fund. Because of the harrowing statistics revolving around student debt, which has now eclipsed the $1.3 trillion mark in the United States, it would be a wise decision to start and contribute to a college tuition fund at a young age. It may not be what they were looking for initially, but there’s no doubt that they’ll be thanking you later.
For The Grown Ups
Now that you have a few financial gift ideas for the youngsters, it’s time to start considering the real financial gurus that you know. Maybe you have a brother that has been saving for retirement since his 20’s. Maybe your wife has completely paid off her debt and is now living with true peace of mind. If that’s the case, then you should consider these gift ideas.
- IRA Contributions: The financial savvy adult in your life probably has (or at least should have) an Individual Retirement Account (IRA) set up already. Well, this holiday season you can help them fund that bad boy by giving them money specifically for that purpose. Many younger professionals contribute regularly to their own IRA, but they may not be at a point in their life where they can contribute the annual maximum ($5,500). You can help them reach that benchmark and help alleviate the financial pressures they may be feeling.
- Finance Books: There is no shortage of inspiring books about people coming from nothing into something, all thanks to a few savvy financial moves. Well, if you know someone who aspires to this type of financial success, consider putting one of these inspirational tales in their stocking. From financial moneybags like Warren Buffet to economists like Thomas Sowell, there are a number of options out there which can help your loved one with their goals.
- Coffee Maker: No, this gift idea isn’t going to help bring millions to your friends and family. But it is an absolute necessity for the on-the-go business person with money on the mind. The quest toward financial security is a long and arduous road, so it’s important to stay alert and ambitious all the way through. Besides, who doesn’t love coffee?
For The Others
Maybe the young professional or retiree in your life already has everything they need financially, and they’re simply looking for a way to generate more wealth while experiencing peace of mind. Well if that’s the case, then the best gift you can give them is our number. At Tactical Wealth, our fixed income fund is truly a better investment than annuities, stocks, and bonds, providing our clients with a stable stream of income every month at a high rate of return that never changes.
It’s simple to understand, there are never any management fees, and your risk is mitigated by pooled investments, diversified holdings, and an established contingency reserve.
See why the Fixed Income Fund is better and give your loved ones the gift that truly keeps on giving this holiday season.