White, Alexander B.2020-12-222020-12-222009-05-01http://hdl.handle.net/10919/101586Financial matters are becoming increasingly complex - tax regulations are always changing, new investment vehicles are constantly being developed, and estate planning laws are constantly being revised. It's easy to get confused and fall into the "One Step Forward, Two Steps Back Syndrome." This syndrome occurs when you make a financial move that is intended to provide certain benefits, but it ends up hurting you without your knowing it. An example is trying to save money by minimizing your annual income taxes ­ while this may lower your income tax bill, it also drastically reduces your future Social Security benefits and the amount you are eligible to invest in a qualified retirement plan. It's hard for one person to keep up with all these changes and manage a business (or family) at the same time. That is why you should consider forming a financial advisory team. Let the experts keep you informed about current financial issues so you can make informed decisions that will help achieve your financial goals.2 pagesapplication/pdfen-USVirginia Cooperative Extension materials are available for public use, re-print, or citation without further permission, provided the use includes credit to the author and to Virginia Cooperative Extension, Virginia Tech, and Virginia State University.Extension publicationhttps://www.pubs.ext.vt.edu/content/dam/pubs_ext_vt_edu/448/448-063/448-063_pdf.pdfFarm managementFinancial planning