4 money moves to make before the end of the year

Economic Overview - The holiday season in 2025 reflects economic uncertainty characterized by rising tariffs, a cooling job market, and persistent inflation, yet an AI investment boom and strong spending from high-income households contributed to growth in certain sectors [1] - An affordability crisis continues to affect many consumers, indicating a divide in economic experiences across different demographics [1] Financial Tips for Year-End - Experts recommend taking stock of personal finances at year-end, reflecting on achievements and setting future goals, despite the challenging economic environment [3][4] - Reviewing spending habits and adjusting budgets to align with personal values is advised, along with assessing emergency funds and debt repayment plans [4][5] Tax Preparation - Preparation for tax season should begin early, including ensuring correct withholdings to avoid large tax liabilities and organizing receipts for deductible expenses [6] - Utilizing tax-advantaged accounts, such as Flexible Spending Accounts and 529 education savings plans, is encouraged to maximize financial benefits [7]