What does the 2020 U.S. election mean for your finances?

Will a new or continued presidency affect you financially? The fact is that every president has their own policies and ideas when it comes to taxes. [View this email in your browser]( Every 4 years, everyone is up at night worrying about what a new or continued presidency could mean for their finances. And it’s a valid question because every president has different ideas when it comes to taxes. If you’re not ready for the future, you could easily find yourself caught off guard and bleeding cash in the years to come. At Mvelopes, we don’t want that for you. No matter who is in the White House or what changes, there are some things you can do now to be prepared for whatever is around the corner: - Get at least 1 month ahead on your expenses. In uncertain times, having a financial cushion makes it easier to pivot when circumstances change - Right-size Tax Withholdings It's your money--stop loaning it to the government without interest. Make sure you withhold just enough that you don't get fined for it. If you’re not familiar with Tax Withholdings, [here’s a great place to start.]( - [Reduce Tax Liability]( It's open enrollment season--open an FSA/HSA and follow other advice in our tax tips video [here](. With these tips, you can be prepared for whatever is coming next, whether it be good or bad. Make sure you don’t get caught unprepared. To your financial peace of mind, Your friends at Mvelopes P.S. Make sure to stay tuned! We’ll be sending more easy to follow finance tips straight to your inbox in the coming weeks about how to eliminate debt, save more, and gain financial peace of mind. P.P.S. We want to make sure you have all the tools you need to gain financial peace of mind, eliminate your debts, and save more of your income. That’s why we created Mvelopes, and if you’re not already using our tools, we invite you to [sign up today]( We have tools designed to help you easily create a budget in less than 15 minutes and we also have a learning center that will teach you everything you need to know to be a Smart Spender. [Sign up today!]( Copyright © 2020 Mvelopes, All rights reserved. Want to change how you receive these emails? You can [unsubscribe from this list](.