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"Rather than just looking at individual balances. Lucas: I think that is a great actionable step. Let's talk about debt. Specifically, the snowball method versus the avalanche method. The snowball method involves paying off the smallest balances first, regardless of interest rate. The avalanche method targets the highest interest rates first. Luna: Mathematically, the avalanche is always better because you save more on interest. But psychologically, the snowball gives faster wins, which builds mo"

"For others, it might be one page that, you know, is simple and gets to the point. And I think, in general, just having a policy in place is more important than not having one. And so the things that should be included in that are what AI platforms that employees can use and under what licenses. So is that, you know, ChatGPT Enterprise? Is that Microsoft Copilot? Is that Cloud Enterprise? Making sure that they're authorized users under those licenses and that the company has vetted, you know, the platforms that the employees are accessing. It should also include what information can be inputted into the AI system, right? And what information should never be inputted into it, right? And so for some companies, that might mean no customer confidential information goes into AI, social security numbers, personal health and protected health information, trade secrets and sensitive financial information. Like that's just a list of things that you might consider having a hard ban on putting into AI as inputs. But, you know, it really just depends on the company's business, what AI platforms they're using and what those licenses say. You know, additionally in the policy, think about how you want AI and human interaction to exist in your company, right? Do you need to require human review on certain functions like HR, like legal, like customer communications, compliance? Like having a policy that says, like, you can't just use this AI platform to completely replace that human review may be necessary for certain companies. And then lastly, I think a good policy always includes some sort of audit procedure, right? To make sure that the policy is working, to make sure that employees are complying with the policy. And so figuring out, you know, on a regular basis, whether that's quarterly, annually, how do we audit this policy and make sure it still works for our business and that our employees are following it. And is there an off-the-shelf one that people can start with and tailor to their company's needs? That's a good question. I'm sure you could put it into chat GPT or cloud and have them create it for you."

"And the way you could be gifting is you don't just have to give cash, right? A lot of people think, like, I have to sell something in my portfolio. No, you can give your kids highly appreciated stock because guess what? Their tax bracket is very different than your tax bracket. And so, you know, there's a lot of things and a lot of ways you can gift that won't impact you at all, you know, in any material way, but will have a huge impact on the kid. And so Josh and I tell people all the time, clients all the time, like, you can just give them appreciated stock and they can open an account here or wherever you have your money. And you can just move shares into their account and tell them, look, my expectation is for you to keep that money invested in your name and go it over time."

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