3 Tips to be Financially Healthy in the New Year

(1) Establish a List of Goals.  As the year goes by significant events can impact your outlook on life and retirement. Unfortunately, these events sometimes force you to lose sight of your retirement goals. But, with the New Year comes new opportunity. Take a moment to think about what is really important to you; what experiences and memories you want to have and the legacy you want to leave behind. “Who do you want to be a hero to?” Think of the life you want to have or the contributions to make or the self-image that you want to walk around with. Look into the details. What must you accomplish to have that? While “having a comfortable retirement” is a good long-term goal to have, to be in control of that, you want to know what that takes in the way of actions and deeds and money

(2) Get Organized with a Budget.  I know this sounds boring, maybe even painful, but I promise you, the power it gives you is well worth it. Setting budgets is one of the most effective ways to get control over your spending and saving. Unfortunately, without a plan, it’s easy to give into our desire to spend today and save tomorrow. “I will gladly pay you Tuesday for a hamburger, today”- famous words of Popeye’s friend, Blimpy, if memory serves. Without a budget, it’s hard to know what it takes to pay the bills, and what it will take to retire, and how much more you could save. Without a budget, you’re driving blind. As long as we don’t crash all seems good; even if we are going in the wrong direction. Ultimately, creating a more explicit budget will help you save more, gain more control over your money, have a better understanding of how prepared you are to retire and what your options are for improving your retirement.

(3) Make an Appointment with a Trusted Financial Professional.  Writing down your goals and creating a budget is a good place to start, but sometimes you need that extra guidance. If you are like the bulk of humanity, you weren’t trained to create a financial plan and lack the time to build a life plan.

We start all of our relationships with a complimentary, no obligation in-person financial review. We believe in the power of sitting face-to-face and getting to know our clients.  By walking you through these questions we can both get clear what is important to you. We want to know the person behind the numbers and understand your dreams and your vision. Then we can start the process of designing a personalized plan to help you achieve your goals.  And while we use every bit of technology to stay ahead of the curve, we serve our clients the old fashioned way.