Financial Checklist                                                          click here for printable version

 

____ Do you have an emergency fund? (3 months of living expenses)

–––– Do you current expenses exceed current income?

–––– Do you budget?

____ Do you communicate and save for common goals?

____ Have you reviewed your credit history?

____ Are you carrying consumer debt along with investments or cash accounts?

____ Do you contribute annually to an IRA, Roth IRA, 401(k)?

____ Have you changed your benefits to reflect your new family life changes?

____ Do you have a will?

____ Do you have a durable Power of Attorney for health care or financial matters?

____ Have you changed your beneficiary designations for life insurance, retirement plans?

____ Have you reviewed all insurances ? (life, disability, health, hazard, auto, business, renters, homeowners)

____ Have you adjusted your W-2, W-4 after reviewing?

____ Do you need to refinance, take out a home equity line, re-title your home?

____ Have you recently reviewed your investments?

____ Have you matched your risk threshold, time horizons, rates of return, or diversification?

____ Are you holding onto "loser" stocks or mutual funds?

____ Are you investing before paying off all consumer debts?