Link to Owner Dr. Robert B. Pamplin Jr.

FONT

MORE STORIES


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

Matt Stures, CFP

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 lifestyle.

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.

Cornerstone Wealth Management

486 N.W. 2nd Avenue

Canby, OR 97013

503-266-7431

www.thecwmgroup.com

*Information in the article was sourced from CFP.net

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