Member-only story
Year-End Financial Review and Planning Checklist
As the weather turns colder and the daylight becomes shorter, you may be busy planning for the holiday season. But something else worth focusing your attention on during this season is your finances.
Like your physical health, your financial health needs a check-up at least annually.
Before the year that’s been like no other winds down, take some time to check in on your financial matters.
Review the important items listed below to maintain or improve your financial wellness for the next year and beyond.
2020 Year-End Financial Review
A great place to begin is looking back over the year and assessing how well you stuck to your financial plans. Be sure to include your spouse or partner in these discussions!
Remember, no one but you is grading how well you did this year, so be honest. Then, you can identify what does and doesn’t work so you can keep moving forward.
So, as you consider the questions below, don’t just jot down a yes or no answer; also include reasons for why or why not.
- Did you stick to your monthly budget?
- Was your financial mission statement top of mind when making financial decisions this year?
- Did you follow your investment policy statement when the markets got crazy?
- Were you able to meet your financial goals?
