Link to Owner Dr. Robert B. Pamplin Jr.



This article brought to you courtesy of Matt Stutes, CFP, of Conerstone Wealth Management, Canby Herald Insider Financial Planning Expert.

Matt Stutes, CFP

You visit the doctor for your yearly health exam, so why not treat your finances in the same light with a Mid-year financial wellness check-up. With half of 2019 already behind us, now is a great time to do a mid-year check-up on your financial health.

Below are five tips to help keep your financial wellness in check.

1. Check-In on your Budget

Are you spending more than you are bringing in? Are you paying for old subscriptions that you no longer use? Reviewing your budget monthly or even quarterly allows you to track your spending and make sure you are not running over budget. This will also help you determine how much you can save on a monthly basis.

2. Get your Full Financial Picture

Check in on all of your investment and banking accounts to make sure they are accurate and up to date. Also review your outstanding debt. Often times, debt will be the largest obstacle to overcome in achieving your financial wellness.

3. Check your Retirement Plan Contributions and Allocations

Are you on track to reach your contribution goals? Now would be a good time to check the progress you have made and make adjustments accordingly. As the market and economy changes so will your original investment allocations, a mid-year reallocation may be in order to keep your portfolio risk in check.

4. Check your Credit Score

Everyone is entitled to an annual free credit check by one of the three major credit agencies. Now would be a great time to check that score and develop a plan for

improving over the remaining course of the year.

Securities and advisory services offered through LPL Financial, a registered investment

advisor. Member FINRA/SIPC.

Cornerstone Wealth Management

486 N.W. 2nd Ave.

Canby, OR 97013


Go to top
JSN Time 2 is designed by | powered by JSN Sun Framework