The start of a new year is a great time for a financial check-up and to consider the various factors influencing your financial planning. In addition to reflecting on the prior year, many are motivated in January to consider making financial resolutions for the future.
To help uncover areas of consideration and move toward impactful improvements, we are offering this checklist. It covers fundamental considerations, including:
- Personal issues
- Cash flow issues
- Asset and debt issues
- Tax issues
- Insurance issues
- Legal issues
This can help you get started looking at your progress toward your goals, consider any new goals you may want to set for yourself, evaluate your insurance coverages to make sure your risks are minimized, revisit your assets and debt, and evaluate whether your risk tolerance continues to be appropriate.
Sometimes the incremental changes that occur year-to-year may not seem like a big deal. In reality, though, they can add up.
Click HERE for “What Issues Should I Consider at The Start of The Year?”