How to prepare your finances for new year: Budgeting, retirement, estate planning advice

Stock futures indicate a higher market open as investors anticipate a potential Federal Reserve interest rate cut, which could significantly impact market trends for the rest of the year. In Metro Detroit, families are advised to conduct year-end financial checkups amidst inflation and tariffs. Financial advisor Andrew Nemes offers tips on budgeting, retirement planning, charitable giving, estate planning, and insurance review, emphasizing the importance of adjusting financial strategies to align with current needs and future goals.