Your Newsletter of the Month

By Corentin Hugot

Spring is around the corner, and just like nature wakes up, it’s the perfect moment to refresh your financial habits. Whether you’re refining your budget, planning your investments, or simply looking to level up your money game, Finwise is here to guide you.

Let’s make March a month of financial empowerment!

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Things you should not miss this month 📰

Escalation of Trade Tensions

The U.S. imposed 25% tariffs on Canada, Mexico, and EU, with a 10% tariff on Chinese imports sparking retaliation. Delays and negotiations add to market uncertainty.

US Dollar Devaluation Concerns

Economists are wary of the "Mar-a-Lago Accord," a proposal to weaken the US dollar to boost the economy, fearing it could destabilize the global financial system.

Global Stock Markets React to U.S. Tariffs

Following the U.S. tariffs decision, global stock markets experienced substantial declines. Investors expressed concerns over a possible trade war's impact.

Central Banks Face Dilemma With Volatility

Central banks have implemented rate cuts. However, the Federal Reserve has maintained rates at 4.5%, citing concerns over inflation and economic stability.

But what does this mean for me? 🙅

These market fluctuations and trade tensions could result in higher costs for goods and services, especially if tariffs continue to rise. Stock market downturns might affect retirement accounts like 401(k)s and other investments, leading to reduced portfolio values. If you're planning to invest, now may be a time to reconsider your strategy, as volatility could continue. For consumers, the uncertainty in trade relationships and market conditions could result in slower economic growth, which may affect job security and wage growth.

And... the number of the month 👇

$1000 billion

The Department of Government Efficiency (DOGE), led by Elon Musk, aims to cut U.S. federal spending by $1 trillion by July 2026. These savings are expected to come from reducing waste, eliminating redundant agencies, and cutting down on the federal workforce.

Want your own DOGE to optimize your finances? 📢

Try Finwise now

Finwise Product Updates

What's new at Finwise! 😎 Each month get a quick overview about what we did during the last month.

Release Note

This month summary:

Pro plan live
1st audit results delivered
Chat history available

Release Note List

Feature of the Month

Pro audit live ! We’ll provide you with a report on where you're lacking and the potential ROI of your financial decisions.

Book a call

Community Highlight: Small Move, Big Impact

This month, we had an insightful conversation with a wealth manager from Goldman Sachs who is interested in our project. He shared something mind-blowing: even ultra-high-net-worth clients, people with tens of millions of dollars, often don’t take simple, high-impact financial actions.

For example, switching from a Chase checking account (0% interest) to a high-yield savings account (4%) seems obvious, yet many overlook it. Over time, with compound interest, this small change can significantly grow wealth. And if even the wealthiest need this advice, imagine the impact on everyday investors! We are talking about $10 000 difference over 10 years with $20 000 in savings.

Crazy, right? Sometimes, the smallest moves are the biggest game changers!

Tips & Tricks 🤖 With a visual generated by AI.

Tax-Loss Harvesting 💰

Reduce tax bill and optimize investments? Try it :

Sell Underperforming Investments : Offset capital gains by selling losing assets.
Reinvest in Similar Assets : Maintain your portfolio’s allocation by buying a similar investment (not the same).
Reduce Your Taxable Income : You can use up to $3,000 of losses per year to offset ordinary income, with additional losses carrying over to future years.

This method helps investors minimize tax while keeping portfolios balanced and growing! 🚀