Wood Financial Services LLC

Author Archives: admin

What can we do for bees?

On June 12, 2022, Posted by , In Community build, With Comments Off on What can we do for bees?

Now that it’s June, and No Mow May has passed, what can you continue to do for pollinators in general and bees specifically? Easy to hard There are easy things, like simply mowing less frequently and letting dandelions and other flowery weeds live in your yard. There are harder things,…

Learning about accounting and entrepreneurism via National Lemonade Day

On June 11, 2022, Posted by , In Family, With Comments Off on Learning about accounting and entrepreneurism via National Lemonade Day

Have you ever been an entrepreneur? A freelancer? An Uber or Lyft driver? The owner of a rental property? Did you know those are actually all the same thing – you were in charge of your own business. Why be a business owner? As employees today are harder hit by…

Mileage rate change for the second half of 2022

On June 9, 2022, Posted by , In Car ownership,Taxes, With Comments Off on Mileage rate change for the second half of 2022

Anything tax related is messy. Want an example of how messy? How about the fact we’re going to have two different mileage rates for 2022! That’s right, per the IRS today, the last 6 months of 2022 will have different mileage rates than the first 6 months of 2022. Mileage…

Aging and driving – when to give up the keys?

On June 6, 2022, Posted by , In Car ownership,Family, With Comments Off on Aging and driving – when to give up the keys?

Nobody wants to give up their independence. And in American society, nothing represents independence quite the way being able to operate a car does. So when people age, the last thing they want to do is give up the car keys. When I was driving with the kids this weekend,…

Goodhue County nursing home staff unpaid, and not showing up for work

On June 2, 2022, Posted by , In Retirement, With Comments Off on Goodhue County nursing home staff unpaid, and not showing up for work

I hope this the third [1, 2] breaking local news update I have on this long term care issue is the last, but in case anyone is still feeling like “this can’t happen here”, unfortunately our local area is making the news again today with staffing issues at a long…

Olmsted County implications of the nursing home staffing shortages

On June 1, 2022, Posted by , In Family, With Comments Off on Olmsted County implications of the nursing home staffing shortages

Remember that article I just published a week ago, about being prepared for care facility staffing shortages? That article was general to the country, and the closest local implication cited was for northwest Wisconsin, today we have an article specific to here in Rochester, Minnesota. According to KAALTV, Samaritan Bethany…

Wisdom of a Montessori child – Building the habit of saving

On May 30, 2022, Posted by , In Savings, With Comments Off on Wisdom of a Montessori child – Building the habit of saving

It’s probably no surprise to you that my family discusses money openly and frequently. In fact, one of my children approached me in the middle of chore time to interrupt with an idea that just had to come out of their head and be shared. My children know that they…

You and Long Term Care facility worker shortages

On May 29, 2022, Posted by , In Family,Retirement, With Comments Off on You and Long Term Care facility worker shortages

Individuals regularly under-estimate the likelihood and duration of their lifetime long term care needs. As of 2019, 47% of men age 65 and older, and 58% of women in the same age bracket, will need long term care during their lifetime. That’s essentially 50% and 60%! Those stays aren’t short…

How are you planning to fund college?

On May 28, 2022, Posted by , In College, With Comments Off on How are you planning to fund college?

May 29th, also known as 5/29, is 529 awareness day. If you aren’t familiar with this tax-advantaged method of saving for college, I encourage you to read my entire series of #college articles, especially starting with my May 29th post from last year.

Book Review – Can’t Even – Burnout

On May 27, 2022, Posted by , In Family,Know thyself, With Comments Off on Book Review – Can’t Even – Burnout

Current state Burnout is a constant topic by institutional leadership, in tone-deaf ways that still talk about it as an employee problem as if it’s our fault. I associate with a lot of Class A people – those who are internally motivated, going to always do the best that they…