Arlington Heights Finance Director Retires, Marking Another Shift in Village Hall Leadership

AND Tune Up Your Finances & What Trump Has Promised to the Crypto World

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Arlington Heights Finance Director Retires, Marking Another Shift in Village Hall Leadership

Tune Up Your Finances: The Case for Treating Money Like Your Dream Car

Ahead of the Election: What Trump Has Promised to the Crypto World

Finance

Longtime Arlington Heights Finance Director Tom Kuehne will retire in February, capping a 21-year tenure marked by stability and strategic fiscal planning. Overseeing projects like new village buildings, pension reform, and consistent tax levies, Kuehne helped steer the village’s budget since 2003, with his latest proposal recommending a 2.46% property tax increase. His retirement follows other recent leadership changes, including Charles Witherington-Perkins, the village’s director of planning and community development, who will officially step down in mid-November after nearly 35 years of service.

TECH

Money remains a major source of stress, with 80% of Americans feeling financial anxiety and a third experiencing severe worry, according to a 2024 Discover survey. Neon Money Club co-founder Luke Bailey believes that shifting perspective can empower people to take control of their finances. On Yahoo Finance’s Financial Freestyle, Bailey explained that his goal is to make saving and investing as appealing as other aspirations. “If asked about a dream car or home, most people would have an answer,” he said. “But when asked about their ideal investment portfolio, many don’t. Maybe it’s time to approach finances with the same vision."

CRYPTO

On Election Night, as Donald Trump celebrated his potential victory at Mar-a-Lago, he was joined by notable supporters like Elon Musk, Robert F. Kennedy Jr., and Howard Lutnick, all of whom share ties to the crypto industry. Though Trump had largely avoided discussing crypto until recently, he has relied on significant financial backing from the sector for his campaign and PACs. This support came in exchange for major promises to the crypto world. As his victory appeared imminent, digital asset markets surged, with Bitcoin hitting a record over $75,000, while crypto-linked stocks like Coinbase and MicroStrategy also saw gains.

Written by Harper Reynolds From Strategic Business Capital Team