STM Asset Management

Mid-year is a good time to review your financial strategy, especially if you’ve recently experienced a major life event. When income, family structure, taxes, or risk exposure change, your strategy should evolve too.

Here are a few life events that may signal it’s time for a review:

🔵 Career Changes or Income Shifts - Promotions, new roles, or job transitions can alter retirement strategy, benefits, and overall income stability.
🔵 Marriage or Partnership Changes - Combining finances with a spouse or long-term partner affects debt management, retirement strategy, and investing goals.
🔵 Divorce or Separation - Asset division, new housing costs, and changing household income may require adjustments to savings rates, investment risk levels, and long-term retirement timelines.
🔵 Birth or Adoption of a Child - Adding a dependent introduces new long-term expenses and planning considerations.
🔵 Inheritance or Windfall Events - Sudden liquidity can strengthen long-term planning if integrated thoughtfully.
🔵 Home Purchase or Relocation - Housing decisions influence overall liquidity and debt, and often require long-term planning to manage.

Life events often reshape financial reality faster than markets do. If you’d like to discuss how recent life changes may affect your strategy, feel free to reach out. We’re always here to help.

Inflation has been a major topic of conversation over the past several years. But another, more subtle force is affecting household budgets: shrinkflation. Swipe through for a breakdown of how they differ and how each is felt in everyday life.

We hope this breakdown is helpful. If you have questions about your overall financial strategy, don’t hesitate to reach out. We can help you evaluate your current strategy and make adjustments where needed.

When the U.S. Mint halted new penny production in late 2025, many business owners and consumers are evaluating what this change means for day-to-day transactions. As the supply of pennies gradually declines, the shift toward rounding cash payments to the nearest nickel is expected to become standard practice. Swipe to learn more.

As payment practices continue to evolve, staying informed matters. If you have questions about how this shift may affect your budgeting, tax reporting, or business operations, contact us for guidance.

June is a wonderful time to celebrate the kind of community spirit that reminds us how much good exists in the world. This month, we are sharing a story that proves kindness has no age limit and that one act of generosity can change everything.

At Louisa County High School in Virginia, a group of teenage automotive students spend their semesters doing something truly remarkable. Instead of simply learning how to repair cars in an insulated classroom, they restore donated vehicles and give them away to single parents in need of reliable transportation. In partnership with the nonprofit Giving Words, the program has given away over 60 cars and repaired more than 260, one garage door reveal at a time.

For recipients like Jessica Rader, a single mom of three, the gift was far more than a set of wheels. It opened the door to full-time work, independence, and peace of mind. These students’ actions are a wonderful reminder of the lasting impacts that acts of kindness can have on our communities.

Read the full story here:

https://www.goodnewsnetwork.org/high-school-students-repair-cars-to-give-them-away-to-single-moms-youre-really-making-a-change-in-the-world/