Starting Off on the Right Foot

What does that even mean? Apparently in ancient times, for those that were superstitious, it was thought that the right foot was luckier than the left.  Today, most of us understand it to mean making a successful start.

Superstitious or not, we can start this year off on the right foot.  To do that, let's look ahead and think about some key financial planning considerations.

Goals: Take a look at the progress made toward your goals.  Do you have updated or new goals? Now's a good time to prioritize and incorporate them into your overall plan.

Balance Sheet:  Life circumstances change. Is your balance sheet positioned to take advantage of market opportunities? Provide a safety net in case of an emergency? It's important to review your assets and debt.

Cash Flow: The beginning of the new year is a good time to evaluate your actual income and expenses, and adjust your spending plan as necessary. Positive cash flow leads to increased savings.

To help you further in making that successful start on that right foot, we've included a checklist of other considerations you may want to review.

If we can be of any assistance or answer any questions you may have, don't hesitate to contact us. We welcome the opportunity to get you on your way to a successful start to this new year.