Doctor with Piggy Bank

Your Fall Financial Checkup Checklist

With only a few months left in 2018, it's time to revisit your finances to see what you need to do to finish out the year strong. Here are four items to consider adding to your fall financial checkup checklist:


1. Revisit the budget. If you created a budget at the beginning of the year, now is a good time to see how it's holding up. Make sure to take note of any unexpected expenses you've incurred over the year, or if you've gone over or under. It's imperative to know how you did this year before creating next year's budget.

2. Consider charitable giving.
If you're looking to minimize your tax expense before the year is over, consider donating to charity. Charitable donations are tax-deductible if you itemize your return, so make sure you keep the receipt.

3. Create a holiday budget.
As a retiree, you're most likely not working a full time job anymore. With the holidays being a couple months away, it's time to create a holiday spending budget; this includes what you can afford to spend on decorations, gifts, special events, etc.

4. Plan for travel.
If you are a snow-bird, now is the time to start planning for your winter trip. Figure out what you need to do to winterize your home and finish up any outstanding obligations you may have before you leave.



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