It’s a new year! Which means it’s a great time to do a new year money checkup.

Perhaps you’ve set some goals for the year, or maybe you just want to make this year even better than the previous one.

Whatever your reason may be, a new year money checkup can help you find places to improve your financial life and make changes for the future. 

Think of this checkup as a to-do list.

No, you don’t have to do everything on this to-do list, but this list will give you ideas for improvement. You may also find some things you would normally forget about or overlook.

The new year is a great time to do a financial health checkup because you can set goals, and it’s also a natural time to start planning for the future. You should use it as a time to look forward and plan money moves that will help you for years to come.

I personally like going through a financial checkup checklist at least once a year. I typically do one around the new year because it’s simply an easy time to remember to do it.

But, you can go through this list any time of the year — just remember to do a checkup at least once a year. [Read more…]