What Financial Steps Might T-Mobile Employees Take in August?

By Kevin Estes

It’s August! Summer has absolutely flown by.

August Financial Steps for T-Mobile Employees

Potential steps T-Mobile employees may take in August include:

• Shop for Back to School

• Review financial independence plan

• Take summer vacation and attend camps

• Submit dependent care reimbursements

Shop for Back to School

For families with students, it’s important to get a jump on Back to School shopping.

Consider purchasing items on the school supply list as soon as they come out. It’s possible THE LIST (or a list) has already been posted so be sure to check with the school(s). Items can sell out quickly.

It’s also worth purchasing new school clothes early. No-one wants to find out on the first day of school that a garment is the wrong size!

Whether families use:

• online shopping,

• curbside pickup, or

• trips to retailers,

buying early can prevent tears.

Review Financial Independence Plan

Wasn’t summer wonderful?

Did it help clarify your vision of the future?

Now might be a good time to revisit your plans and forecasts!

For years, my family used a simple forecast for net worth and spending. Check out the complimentary financial independence course if you’re interested in learning more.

Take Summer Vacation and Attend Camp(s)

There may still be time to take that last vacation!

If possible, take a break. A few days away or even a staycation can help everyone recharge!

Submit Dependent Care Reimbursements

Summer camps are expensive!

When our daughter was little, a large percentage of our dependent care expenses hit in the summer.

If you’re enrolled in the Dependent Care Flexible Savings Account (FSA), now might be a good time to submit for reimbursements. Digital receipts can help expedite the process.

What’s Missing?

Is anything missing from this list? If so, please let me know!

If you’re interested in a review of your specific situation…

Disclaimer

In addition to the usual disclaimers, neither this post nor this image includes any financial, tax, or legal advice.