Roberts CPA - June 2025

Say Yes to the Celebration, Not the Overspending CELEBRATE YOUR LOVED ONES WITHOUT BREAKING THE BANK

When wedding season rolls around and birthday invites start stacking up, it’s easy to feel like your wallet is under attack. Between flights, gifts, and party attire, the cost of celebrating your loved ones can add up fast. But with planning and savvy spending, you can still show up for the big moments without blowing your budget. Plan ahead like a pro. Before you say "yes" to every invitation, take a moment to map out your year. Write down weddings, birthdays, baby showers, and graduations you hope to attend. Once you see them

Be honest about your budget. Money can be a tricky subject, but being upfront about your financial situation can help you avoid unnecessary stress. If an event is out of your budget, have an honest conversation with the host. Most people will be understanding and actually appreciate your transparency. Be sure to express gratitude and excitement for their big day, even if you can’t be there in person. Stay connected in creative ways.

Just because you can’t attend doesn’t mean you can’t celebrate! Send a thoughtful gift within your budget, offer to help with planning, or schedule a video call to toast their milestone. Your presence matters more than your presents, and true friends will appreciate any effort you make to share in their joy. Ultimately, celebrating your friends and family shouldn’t come with financial stress. The best memories don’t come from the most expensive gifts or the fanciest flights. They’re built on laughter, love, and the moments you share, no matter what that looks like.

all in one place, estimating your total spending is easier. Set a realistic budget for each event, and don’t forget to factor in travel, gifts, and attire. Always do your research and verify prices for flights, hotel rooms, and registry gifts. Cut costs without cutting fun. Once you have a budget, look for ways to trim expenses without missing out on the fun. Instead of buying a new outfit for every event, consider re-wearing something you already own or borrowing from a friend. If travel is involved, check if you can split an Airbnb or crash on a friend’s couch.

CASH BEYOND CAREERS

Surprising Sources of Stars’ Wealth

A music icon with a millions-generating side career. A famous artist whose cash didn’t come from canvases. A seasoned journalist with a seven-figure family inheritance. Here are tales of three celebrities who built their finances in ways beyond what made them famous. From Stage to Spirits A music star since the early ’70s, singer Sammy Hagar is best known for his stadium-filled stint as the frontman of Van Halen in the ‘80s and ‘90s. However, this legendary frontman has made more money from tequila than he ever has from tunes. His Cabo Wabo brand — named after his already successful chain of clubs and restaurants — became popular enough for him to sell an 80% share of the company for $80 million. Considering that his income

also includes royalties from the 27 million albums he’s sold with Van Halen, it doesn't appear he’ll need to busk on the streets for money any time soon. Happy Trees, Art for Free If you were an ‘80s/’90s kid, you likely remember “The Joy of Painting,” a PBS show hosted by big-haired artist Bob Ross. Millions of viewers embraced his calm demeanor and frequent references to “happy little trees,” … and it didn’t earn him a dime. Instead of accepting a salary for his work on TV, Ross built most of his fortune by marketing art supplies while giving away most of the paintings he created on air to charity. A TV Anchor’s Stunning Safety Net As one of the most recognized names in television news, Anderson Cooper has helped build CNN into a cultural institution and his bank account into a $200 million success story. Although that figure ensures he’ll never need to apply on Indeed if CNN ever goes off the air, a $1.5 million inheritance also cushions his livelihood — a sum supplied by his late mother, fashion industry icon Gloria Vanderbilt.

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