With the end of the year right around the corner, now is the time to review your personal finances and get them back on track. This process does not have to be daunting or time consuming, but rather a healthy exercise to
reboot personal finances.
Whether your goal is to consolidate/eliminate debt or find
ways to save more, the following steps are a good place to start:
Track your Money: Establishing and sticking to a budget will help ensure that you do not overspend and help you understand what you are spending your money on.
Consolidate Accounts: By consolidating accounts you may
be able to avoid paying fees on multiple accounts. Less accounts to keep track of will help streamline your finances.
Check/Repair Credit: With the Cyber Security age in full swing, make sure you are checking your credit score for accuracy. If anything looks suspicious be persistent in correcting your report.
Evaluate Insurance Policies: Be proactive and review your
policies annually to make sure they still fit your needs and
Review Retirement: Are you on track to Retire? If not, take a
look at boosting your retirement contributions to get you back on track.
Manage Investments: With the increase in market volatility
recently, it is a great time to review and possibly rebalance
your investment portfolio.
As you prepare for the coming year, please feel free to reach out to us to discuss any financial issues.
Whatever your planning may entail, we wish you a happy,
healthy, and prosperous 2019!
*Information in the article was sourced from CFP.net
Securities and advisoryservices offered through LPL Financial, a registered investment
advisor. Member FINRA/SIPC.
CORNERSTONE WEALTH MANAGEMENT
486 NW 2nd Ave.
Canby, OR 97013