Q2 2024 Quarterly Newsletter

Kathy Longo, CFP®, CAP®, CDFA
Thursday, July 18, 2024

Welcome to the July edition of our newsletter! This quarter, we’re excited to bring you insights from the Flourish Team, including our feature article on navigating college savings and understanding 529 plans. As always, we also have the latest market commentary to keep you informed about the financial landscape.

We hope you find this edition helpful and inspiring as you plan for your financial future. Enjoy the read and have a wonderful summer!

Sincerely,

Kathy Longo

CONTINUE READING

Kathy Longo

Kathy Longo is a Certified Financial Planner® practitioner, Chartered Advisor in Philanthropy®, and a Certified Divorce Financial Analyst with over twenty-five years of wealth management experience. She is the founder and president of Flourish Wealth Management, an independent boutique wealth management firm in the Minneapolis area.

Author Archive

Share This Post

Subscribe To Our Newsletter

SIGN-UP TODAY!

Life has a way of surprising us, so it’s important to prioritize building a resilient financial plan.

emergency fund

Planning for the Unexpected: Building a Resilient Financial Plan

Kathy Longo April 21, 2025

Financial success starts with your mindset! Take steps to strengthen your money mindset to empower your decisions.

Financial literacy month

Financial Literacy Month: Tips to Strengthen Your Money Mindset

Kathy Longo April 7, 2025

Market Volatility and Trade Tariffs 2025: What You Should Know

investment management

Market Update: Tariffs, Volatility, and What We’re Watching

Jay Pluimer April 4, 2025

img:is([sizes="auto" i],[sizes^="auto," i]){contain-intrinsic-size:3000px 1500px;}img.wp-smiley,img.emoji{display:inline !important;border:none !important;box-shadow:none !important;height:1em !important;width:1em !important;margin:0 .07em !important;vertical-align:-.1em !important;background:none !important;padding:0 !important;}:root{--wp--preset--aspect-ratio--square:1;--wp--preset--aspect-ratio--4-3:4/3;--wp--preset--aspect-ratio--3-4:3/4;--wp--preset--aspect-ratio--3-2:3/2;--wp--preset--aspect-ratio--2-3:2/3;--wp--preset--aspect-ratio--16-9:16/9;--wp--preset--aspect-ratio--9-16:9/16;--wp--preset--color--black:#000;--wp--preset--color--cyan-bluish-gray:#abb8c3;--wp--preset--color--white:#fff;--wp--preset--color--pale-pink:#f78da7;--wp--preset--color--vivid-red:#cf2e2e;--wp--preset--color--luminous-vivid-orange:#ff6900;--wp--preset--color--luminous-vivid-amber:#fcb900;--wp--preset--color--light-green-cyan:#7bdcb5;--wp--preset--color--vivid-green-cyan:#00d084;--wp--preset--color--pale-cyan-blue:#8ed1fc;--wp--preset--color--vivid-cyan-blue:#0693e3;--wp--preset--color--vivid-purple:#9b51e0;--wp--preset--gradient--vivid-cyan-blue-to-vivid-purple:linear-gradient(135deg,rgba(6,147,227,1) 0%,#9b51e0 100%);--wp--preset--gradient--light-green-cyan-to-vivid-green-cyan:linear-gradient(135deg,#7adcb4 0%,#00d082 100%);--wp--preset--gradient--luminous-vivid-amber-to-luminous-vivid-orange:linear-gradient(135deg,rgba(252,185,0,1) 0%,rgba(255,105,0,1) 100%);--wp--preset--gradient--luminous-vivid-orange-to-vivid-red:linear-gradient(135deg,rgba(255,105,0,1) 0%,#cf2e2e 100%);--wp--preset--gradient--very-light-gray-to-cyan-bluish-gray:linear-gradient(135deg,#eee 0%,#a9b8c3 100%);--wp--preset--gradient--cool-to-warm-spectrum:linear-gradient(135deg,#4aeadc 0%,#9778d1 20%,#cf2aba 40%,#ee2c82 60%,#fb6962 80%,#fef84c 100%);--wp--preset--gradient--blush-light-purple:linear-gradient(135deg,#ffceec 0%,#9896f0 100%);--wp--preset--gradient--blush-bordeaux:linear-gradient(135deg,#fecda5 0%,#fe2d2d 50%,#6b003e 100%);--wp--preset--gradient--luminous-dusk:linear-gradient(135deg,#ffcb70 0%,#c751c0 50%,#4158d0 100%);--wp--preset--gradient--pale-ocean:linear-gradient(135deg,#fff5cb 0%,#b6e3d4 50%,#33a7b5 100%);--wp--preset--gradient--electric-grass:linear-gradient(135deg,#caf880 0%,#71ce7e 100%);--wp--preset--gradient--midnight:linear-gradient(135deg,#020381 0%,#2874fc 100%);--wp--preset--font-size--small:13px;--wp--preset--font-size--medium:20px;--wp--preset--font-size--large:36px;--wp--preset--font-size--x-large:42px;--wp--preset--spacing--20:.44rem;--wp--preset--spacing--30:.67rem;--wp--preset--spacing--40:1rem;--wp--preset--spacing--50:1.5rem;--wp--preset--spacing--60:2.25rem;--wp--preset--spacing--70:3.38rem;--wp--preset--spacing--80:5.06rem;--wp--preset--shadow--natural:6px 6px 9px rgba(0,0,0,.2);--wp--preset--shadow--deep:12px 12px 50px rgba(0,0,0,.4);--wp--preset--shadow--sharp:6px 6px 0px rgba(0,0,0,.2);--wp--preset--shadow--outlined:6px 6px 0px -3px rgba(255,255,255,1),6px 6px rgba(0,0,0,1);--wp--preset--shadow--crisp:6px 6px 0px rgba(0,0,0,1);}:root{--wp--style--global--content-size:800px;--wp--style--global--wide-size:1200px;}:where(body){margin:0;}.wp-site-blocks > .alignleft{float:left;margin-right:2em;}.wp-site-blocks > .alignright{float:right;margin-left:2em;}.wp-site-blocks > .aligncenter{justify-content:center;margin-left:auto;margin-right:auto;}:where(.wp-site-blocks) > *{margin-block-start:24px;margin-block-end:0;}:where(.wp-site-blocks) > :first-child{margin-block-start:0;}:where(.wp-site-blocks) > :last-child{margin-block-end:0;}:root{--wp--style--block-gap:24px;}:root :where(.is-layout-flow) > :first-child{margin-block-start:0;}:root :where(.is-layout-flow) > :last-child{margin-block-end:0;}:root :where(.is-layout-flow) > *{margin-block-start:24px;margin-block-end:0;}:root :where(.is-layout-constrained) > :first-child{margin-block-start:0;}:root :where(.is-layout-constrained) > :last-child{margin-block-end:0;}:root :where(.is-layout-constrained) > *{margin-block-start:24px;margin-block-end:0;}:root :where(.is-layout-flex){gap:24px;}:root :where(.is-layout-grid){gap:24px;}.is-layout-flow > .alignleft{float:left;margin-inline-start:0;margin-inline-end:2em;}.is-layout-flow > .alignright{float:right;margin-inline-start:2em;margin-inline-end:0;}.is-layout-flow > .aligncenter{margin-left:auto !important;margin-right:auto !important;}.is-layout-constrained > .alignleft{float:left;margin-inline-start:0;margin-inline-end:2em;}.is-layout-constrained > .alignright{float:right;margin-inline-start:2em;margin-inline-end:0;}.is-layout-constrained > .aligncenter{margin-left:auto !important;margin-right:auto !important;}.is-layout-constrained > :where(:not(.alignleft):not(.alignright):not(.alignfull)){max-width:var(--wp--style--global--content-size);margin-left:auto !important;margin-right:auto !important;}.is-layout-constrained > .alignwide{max-width:var(--wp--style--global--wide-size);}body .is-layout-flex{display:flex;}.is-layout-flex{flex-wrap:wrap;align-items:center;}.is-layout-flex > :is(*,div){margin:0;}body .is-layout-grid{display:grid;}.is-layout-grid > :is(*,div){margin:0;}body{padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;}a:where(:not(.wp-element-button)){text-decoration:underline;}:root :where(.wp-element-button,.wp-block-button__link){background-color:#32373c;border-width:0;color:#fff;font-family:inherit;font-size:inherit;line-height:inherit;padding:calc(.667em + 2px) calc(1.333em + 2px);text-decoration:none;}.has-black-color{color:var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-color{color:var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-color{color:var(--wp--preset--color--white) !important;}.has-pale-pink-color{color:var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-color{color:var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-color{color:var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-color{color:var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-color{color:var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-color{color:var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-color{color:var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-color{color:var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-color{color:var(--wp--preset--color--vivid-purple) !important;}.has-black-background-color{background-color:var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-background-color{background-color:var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-background-color{background-color:var(--wp--preset--color--white) !important;}.has-pale-pink-background-color{background-color:var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-background-color{background-color:var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-background-color{background-color:var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-background-color{background-color:var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-background-color{background-color:var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-background-color{background-color:var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-background-color{background-color:var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-background-color{background-color:var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-background-color{background-color:var(--wp--preset--color--vivid-purple) !important;}.has-black-border-color{border-color:var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-border-color{border-color:var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-border-color{border-color:var(--wp--preset--color--white) !important;}.has-pale-pink-border-color{border-color:var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-border-color{border-color:var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-border-color{border-color:var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-border-color{border-color:var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-border-color{border-color:var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-border-color{border-color:var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-border-color{border-color:var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-border-color{border-color:var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-border-color{border-color:var(--wp--preset--color--vivid-purple) !important;}.has-vivid-cyan-blue-to-vivid-purple-gradient-background{background:var(--wp--preset--gradient--vivid-cyan-blue-to-vivid-purple) !important;}.has-light-green-cyan-to-vivid-green-cyan-gradient-background{background:var(--wp--preset--gradient--light-green-cyan-to-vivid-green-cyan) !important;}.has-luminous-vivid-amber-to-luminous-vivid-orange-gradient-background{background:var(--wp--preset--gradient--luminous-vivid-amber-to-luminous-vivid-orange) !important;}.has-luminous-vivid-orange-to-vivid-red-gradient-background{background:var(--wp--preset--gradient--luminous-vivid-orange-to-vivid-red) !important;}.has-very-light-gray-to-cyan-bluish-gray-gradient-background{background:var(--wp--preset--gradient--very-light-gray-to-cyan-bluish-gray) !important;}.has-cool-to-warm-spectrum-gradient-background{background:var(--wp--preset--gradient--cool-to-warm-spectrum) !important;}.has-blush-light-purple-gradient-background{background:var(--wp--preset--gradient--blush-light-purple) !important;}.has-blush-bordeaux-gradient-background{background:var(--wp--preset--gradient--blush-bordeaux) !important;}.has-luminous-dusk-gradient-background{background:var(--wp--preset--gradient--luminous-dusk) !important;}.has-pale-ocean-gradient-background{background:var(--wp--preset--gradient--pale-ocean) !important;}.has-electric-grass-gradient-background{background:var(--wp--preset--gradient--electric-grass) !important;}.has-midnight-gradient-background{background:var(--wp--preset--gradient--midnight) !important;}.has-small-font-size{font-size:var(--wp--preset--font-size--small) !important;}.has-medium-font-size{font-size:var(--wp--preset--font-size--medium) !important;}.has-large-font-size{font-size:var(--wp--preset--font-size--large) !important;}.has-x-large-font-size{font-size:var(--wp--preset--font-size--x-large) !important;}:root :where(.wp-block-pullquote){font-size:1.5em;line-height:1.6;}#pojo-a11y-toolbar .pojo-a11y-toolbar-toggle a{background-color:#0f4b5a;color:#d6f5ff;}#pojo-a11y-toolbar .pojo-a11y-toolbar-overlay,#pojo-a11y-toolbar .pojo-a11y-toolbar-overlay ul.pojo-a11y-toolbar-items.pojo-a11y-links{border-color:#0f4b5a;}body.pojo-a11y-focusable a:focus{outline-style:solid !important;outline-width:1px !important;outline-color:#f00 !important;}#pojo-a11y-toolbar{top:200px !important;}#pojo-a11y-toolbar .pojo-a11y-toolbar-overlay{background-color:#fff;}#pojo-a11y-toolbar .pojo-a11y-toolbar-overlay ul.pojo-a11y-toolbar-items li.pojo-a11y-toolbar-item a,#pojo-a11y-toolbar .pojo-a11y-toolbar-overlay p.pojo-a11y-toolbar-title{color:#333;}#pojo-a11y-toolbar .pojo-a11y-toolbar-overlay ul.pojo-a11y-toolbar-items li.pojo-a11y-toolbar-item a.active{background-color:#105f72;color:#105f72;}@media (max-width: 767px){#pojo-a11y-toolbar{top:140px !important;}}.e-con.e-parent:nth-of-type(n+4):not(.e-lazyloaded):not(.e-no-lazyload),.e-con.e-parent:nth-of-type(n+4):not(.e-lazyloaded):not(.e-no-lazyload) *{background-image:none !important;}@media screen and (max-height: 1024px){.e-con.e-parent:nth-of-type(n+3):not(.e-lazyloaded):not(.e-no-lazyload),.e-con.e-parent:nth-of-type(n+3):not(.e-lazyloaded):not(.e-no-lazyload) *{background-image:none !important;}.e-con.e-parent:nth-of-type(n+3):not(.e-lazyloaded):not(.e-no-lazyload).nitro-lazy,.e-con.e-parent:nth-of-type(n+3):not(.e-lazyloaded):not(.e-no-lazyload) *.nitro-lazy{background-image:none !important;}}@media screen and (max-height: 640px){.e-con.e-parent:nth-of-type(n+2):not(.e-lazyloaded):not(.e-no-lazyload),.e-con.e-parent:nth-of-type(n+2):not(.e-lazyloaded):not(.e-no-lazyload) *{background-image:none !important;}.e-con.e-parent:nth-of-type(n+2):not(.e-lazyloaded):not(.e-no-lazyload).nitro-lazy,.e-con.e-parent:nth-of-type(n+2):not(.e-lazyloaded):not(.e-no-lazyload) *.nitro-lazy{background-image:none !important;}}.e-con.e-parent:nth-of-type(n+4):not(.e-lazyloaded):not(.e-no-lazyload).nitro-lazy,.e-con.e-parent:nth-of-type(n+4):not(.e-lazyloaded):not(.e-no-lazyload) *.nitro-lazy{background-image:none !important;}#uc_logo_grid_elementor_43f242c{display:grid;}#uc_logo_grid_elementor_43f242c .ue-logo-title{width:100%;position:absolute;bottom:0;text-align:center;left:0;}#uc_logo_grid_elementor_43f242c div.logo-grid-item{text-align:center;display:flex;flex-direction:column;justify-content:center;align-items:center;overflow:hidden;position:relative;transition:.3s;}#uc_logo_grid_elementor_43f242c div.logo-grid-item img{width:100%;object-fit:contain;display:block;mix-blend-mode:normal;position:absolute;top:0;left:0;right:0;bottom:0;height:100%;transition:.3s;}#uc_logo_grid_elementor_43f242c a{display:block;display:flex;position:absolute;top:0;left:0;right:0;bottom:0;cursor:pointer;justify-content:center;align-items:center;}#uc_simple_list_menu_elementor_2c4045e{text-align:left;}#uc_simple_list_menu_elementor_2c4045e ul{padding:0;list-style:none;margin:0;}#uc_simple_list_menu_elementor_2c4045e ul li{padding:0;list-style:none;margin:0;}#uc_simple_list_menu_elementor_2c4045e ul li.current_page_item{background-color:rgba(255,255,255,0);}#uc_simple_list_menu_elementor_2c4045e ul ul li.current_page_item{background-color:rgba(255,255,255,0);}#uc_simple_list_menu_elementor_2c4045e ul ul ul li.current_page_item{background-color:#e6e6e6;}#uc_simple_list_menu_elementor_2c4045e ul li:last-child{border-bottom:none;}#uc_simple_list_menu_elementor_2c4045e ul li a{text-decoration:none;display:block;}#uc_simple_list_menu_elementor_9b645e8{text-align:left;}#uc_simple_list_menu_elementor_9b645e8 ul{padding:0;list-style:none;margin:0;}#uc_simple_list_menu_elementor_9b645e8 ul li{padding:0;list-style:none;margin:0;}#uc_simple_list_menu_elementor_9b645e8 ul li.current_page_item{background-color:rgba(255,255,255,0);}#uc_simple_list_menu_elementor_9b645e8 ul ul li.current_page_item{background-color:rgba(255,255,255,0);}#uc_simple_list_menu_elementor_9b645e8 ul ul ul li.current_page_item{background-color:#e6e6e6;}#uc_simple_list_menu_elementor_9b645e8 ul li:last-child{border-bottom:none;}#uc_simple_list_menu_elementor_9b645e8 ul li a{text-decoration:none;display:block;}#uc_simple_list_menu_elementor_fc59808{text-align:left;}#uc_simple_list_menu_elementor_fc59808 ul{padding:0;list-style:none;margin:0;}#uc_simple_list_menu_elementor_fc59808 ul li{padding:0;list-style:none;margin:0;}#uc_simple_list_menu_elementor_fc59808 ul li.current_page_item{background-color:rgba(255,255,255,0);}#uc_simple_list_menu_elementor_fc59808 ul ul li.current_page_item{background-color:rgba(255,255,255,0);}#uc_simple_list_menu_elementor_fc59808 ul ul ul li.current_page_item{background-color:#e6e6e6;}#uc_simple_list_menu_elementor_fc59808 ul li:last-child{border-bottom:none;}#uc_simple_list_menu_elementor_fc59808 ul li a{text-decoration:none;display:block;}#uc_simple_list_menu_elementor_5d79708{text-align:left;}#uc_simple_list_menu_elementor_5d79708 ul{padding:0;list-style:none;margin:0;}#uc_simple_list_menu_elementor_5d79708 ul li{padding:0;list-style:none;margin:0;}#uc_simple_list_menu_elementor_5d79708 ul li.current_page_item{background-color:rgba(255,255,255,0);}#uc_simple_list_menu_elementor_5d79708 ul ul li.current_page_item{background-color:rgba(255,255,255,0);}#uc_simple_list_menu_elementor_5d79708 ul ul ul li.current_page_item{background-color:#e6e6e6;}#uc_simple_list_menu_elementor_5d79708 ul li:last-child{border-bottom:none;}#uc_simple_list_menu_elementor_5d79708 ul li a{text-decoration:none;display:block;}#uc_simple_list_menu_elementor_4f5927a{text-align:left;}#uc_simple_list_menu_elementor_4f5927a ul{padding:0;list-style:none;margin:0;}#uc_simple_list_menu_elementor_4f5927a ul li{padding:0;list-style:none;margin:0;}#uc_simple_list_menu_elementor_4f5927a ul li.current_page_item{background-color:rgba(255,255,255,0);}#uc_simple_list_menu_elementor_4f5927a ul ul li.current_page_item{background-color:rgba(255,255,255,0);}#uc_simple_list_menu_elementor_4f5927a ul ul ul li.current_page_item{background-color:#e6e6e6;}#uc_simple_list_menu_elementor_4f5927a ul li:last-child{border-bottom:none;}#uc_simple_list_menu_elementor_4f5927a ul li a{text-decoration:none;display:block;}#uc_simple_list_menu_elementor_659c60d{text-align:center;}#uc_simple_list_menu_elementor_659c60d ul{padding:0;list-style:none;margin:0;}#uc_simple_list_menu_elementor_659c60d ul li{padding:0;list-style:none;margin:0;}#uc_simple_list_menu_elementor_659c60d ul li.current_page_item{background-color:rgba(255,255,255,0);}#uc_simple_list_menu_elementor_659c60d ul ul li.current_page_item{background-color:rgba(255,255,255,0);}#uc_simple_list_menu_elementor_659c60d ul ul ul li.current_page_item{background-color:#e6e6e6;}#uc_simple_list_menu_elementor_659c60d ul li:last-child{border-bottom:none;}#uc_simple_list_menu_elementor_659c60d ul li a{text-decoration:none;display:block;}

Q2 2024 Quarterly Newsletter

CONTINUE READING

Kathy Longo

Share This Post

Subscribe To Our Newsletter

Planning for the Unexpected: Building a Resilient Financial Plan

Financial Literacy Month: Tips to Strengthen Your Money Mindset

Market Update: Tariffs, Volatility, and What We’re Watching

Listen to Flourish Financially on Your Favorite Streaming Service

Who We Are

Services

Resources

Clients

Contact

Flourish Financially with Kathy Longo

Join Our Mailing List

Kathy Longo Recognized as One of Money’s Best Financial Planners of 2024