What Steps of a Financial Checkup
August 26, 2009
Financial planners suggest that at least once per year you complete a full financial checkup.
Just as your doctor tells you to regularly schedule an exam to ensure good physical health, so too should you conduct a financial review to ensure the health of your finances.
A financial checkup equates to a regular review of all your financial interests and holdings. The purpose of this review is to ensure you are making continued progress toward your financial goals. Each time you conduct a review, you may need to make some minor adjustments to your plan to make certain your strategies remain on track.
Normally, you are advised to review your finances annually. However, any time you experience a life-changing event, you should complete a full financial review. For example, if you change jobs, get married, have a baby, get divorced, Read more