Here are some smart money moves to make before the end of the year

Here are some smart money moves to make before the end of the year  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  VIEW IN BROWSER | SUBSCRIBE WED, DEC 09, 2020 YOUR WEALTH Editor's Note It's December and that means many people may be checking their holiday shopping list to see what gifts to get family and friends. Financial advisors, however, say this is actually the right time to step back and assess which year-end financial moves you need to make now and revisit your money plans to set yourself up for a prosperous 2021. That means weighing in on your short- and long-term money goals to see if they are still on track for next year. Certain strategies, particularly when it comes to retirement and tax savings, should be high on your financial to-do list, advisors say. CNBC reporter Lorie Konish spoke with a few financial experts and they offered investors some smart money moves to make before the end of the year. Kara Swisher, Grain Management's David Grain, Siemens' Barbara Humpton, Deere & Co's Jahmy Hindman, XCOM's Paul Jacobs and more leaders on the frontlines of innovation come together on December 10 for a CNBC @Work Spotlight event. They'll explore 5G tech connecting the world and how we can propel into this new, transformative era of work. For more details: cnbcevents.com/workspotlight For more cool stuff like this, please follow me on Twitter @jimpavia and check out CNBC's Financial Advisor Hub and CNBC + Acorns Invest in You: Ready. Set. Grow. Jim Pavia @JIMPAVIA Here are some smart money moves to make before the end of the year For many, 2020 was a challenging year. That might prompt you to look at your financial situation differently. Advisors say these money moves still make sense. Biden's presidency could be a game changer for impact investing. Here's what experts are watching President-elect Joe Biden wants to make the environment a big priority. Here's how much progress experts expect, and how that will impact investments. Here's how your taxes would change if Schumer's call for $50,000 student loan forgiveness is adopted Senate Minority Leader Chuck Schumer, D-N.Y., called on President-elect Joe Biden to cancel up to $50,000 in student loans. Here are the potential tax impacts. Here's how you can size up climate change to tap into smart investment opportunities The Fed has named climate change a stability risk. How does an investor tackle the huge topic of climate change to tap its opportunities? How long it could take to knock down your credit card debt if you pay 15% of your monthly income Many Americans share one common burden: credit card debt. Getting out from under those balances can be easier or harder depending on where you live. Is your advisor prepared for cyber attacks? Here's what you need to know Cybercrime is on the rise and financial firms are among the biggest targets. Investor cash is at risk. You can claim a bigger tax break for cash donations in 2020. Why that might not be the best strategy This year, you can make a cash donation to charity and write off up to 100% of your adjusted gross income. Sounds good, but it's not tax-efficient. Avoid the hype, don't be tempted to invest in companies developing a Covid vaccine, advisors warn Tempted to invest in the companies that may have developed a successful Covid vaccine? You should probably resist, financial advisors say. Gold vs Bitcoin, German stocks at new highs, Biotech breaks half-decade of consolidation Welcome to Big Trends Monthly with Josh Brown and JC Parets of All Star Charts. We're breaking down the latest monthly closing candlestick charts to reveal the most meaningful market moves around the world... CONTRIBUTORS Sharon Epperson @sharon_epperson Josh Brown @ReformedBroker Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel   Digital Products Feedback Privacy Policy CNBC Events   © 2020 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS