Get Back on Financial Track

August 12, 2016

Five financial fixes you can do today.

Financial planning is about creating a roadmap customized for you. While there may be specific reasons why you should borrow versus pay cash or lease instead of buy, these five fixes apply to everyone. 

  1. Organize your financial documents. Create a binder or file your documents for easy access. 
  2. Make a spending plan. Know your fixed and discretionary expenses.
  3. Review your debt. Know the interest rate you are paying.
  4. Make your savings automatic. Something is better than nothing.
  5. Contribute enough to your employer-sponsored retirement plan to get the company match. If you don’t have a retirement plan through your employer, open an IRA and refer to fix #4.

For personalized financial advice for your particular situation, schedule a complementary consultation with us today.