Money Map Tip of the Week

On November 1, 2025, in Latest News, by The Somerville Times
Q: Are there any lessons Halloween can teach us to improve our finances?
A: Yes! Halloween reminds us that scary things lose power when we face them directly. So let’s use the spirit of these classic costumes to scare off some financial bad habits:

👻 Ghost
Disappearing dollars?
✔️ Action: Set a recurring calendar reminder to review your finances each month — before your money vanishes!
💀 Skeleton
No structure?
✔️ Action: Draft or update your will — even a basic one — so your financial skeleton is strong beneath the surface.
🦇 Bat
Flying blind?
✔️ Action: Check your credit report at AnnualCreditReport.com to spot what’s lurking in the dark!
🧙‍♂️ Wizard
Waiting for magic?
✔️ Action: Increase your retirement savings by even 1%. Compound growth makes your money work like magic over time.

This Halloween, don’t just dress up — level up your finances. A few smart moves now can help keep real-life monsters (like debt and confusion) far away!


Any questions? I’m Vincent Hicks, a CPA based in the Cambridge–Somerville area. Reach out at vincent@hickscpasolutions.com or (859) 553-0788.
Disclaimer: This column provides general financial information and should not be considered legal, investment, or tax advice. Always consult a qualified professional for personal guidance.

 

 

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