Feedback Form
Home Features Mastermind Forums About Advertise Blog Network Contact Be An Author

Personal Financial Checkups

Personal Financial Checkups

We are approaching the final quarter of the year and I just want to remind you about something that I consider a very important aspect of any well-balanced financial life.  Make sure that you accomplish frequent financial checkups to ensure that you are on the proper path to develop your assets effectively.  Situations can change very quickly in life and you must consider, on a regular basis, the composition and structure of your personal financial goals, tools and investments.  There are many issues to consider.  Things like getting rid of unnecessary debt, developing proper spending habits, checking your insurance needs, examining your taxes, and determining whether or not you need to rebalance your portfolio. I'm sure you could come up with a number of other areas that, on a personal level, will positively or negatively affect your financial life.  Check it all.

There are numerous methods of determining the best methods of handling our money that didn't exist a decade ago.  Most of us have personal computers at home that can be used to assist your financial development.  There are many software programs that can help guide you by showing where your money is currently going.  These programs can help you determine the best methods of using your cash to enhance your investments.  Determine how much is coming in, how much is going out and establish where the money is going.  It's really that easy.  Once you know those facts, you can make your adjustments. 

One question that you really should ask yourself is whether the investment methods you use are actually working for you to build financial wealth.  If there have been problems, changes in the market trends, an alteration in your personal lifestyle (a new baby, a recent move, a new job, you've just married, just divorced) then make the necessary changes to make sure your money is working to fit your life's changes and goals.  Interest rates are down today and it may be time to consider refinancing your home but only you know whether that's something you should do or not.  Plus, make sure you build at least three to six months worth of living expenses, if you don't already have that amount put away safely.   

Other areas of interest to your personal financial life include your insurance coverage.  If your agent hasn't called you recently, pick up the phone and dial your agent's office and request that you take an inventory of your coverage (home, life, auto) and adjust where needed.  For goodness sake, examine your credit report at least once a year.  It might be a good idea to actually contact the credit agencies twice a year, especially if you are about to make a major purchase.    

Just as you need to develop and then redevelop your short and long term goals throughout the year, so it goes with the state of your financial well-being.  This should not be an unpleasant chore but rather something enjoyable.  Remember, by conducting these occasional checkups, you are insuring that positive financial results are more likely to be attained.   

Anything can happen throughout the year (as this year has shown), which can force you off your fiscal course.  Events that can make a difference in your life occur at a moment's notice.  Just make sure that when unforeseen events occur, you make the needed corrections that will rebalance your financial life.  Plan to make a quick check every three months or so.  This is all part of goal setting that I believe is so important to leading a balanced and prosperous life.  Stay focused and make sure you perform your personal checkups on a regular basis. 





Personal Financial Checkups - To learn more about this author, visit James Dicks's Website.

Like this article? Share it with your friends

Article Feedback
 Article Feedback No article feedback found.
  Leave Your Feedback
article feedback

Article Feedback
Cheryl Matthynssens

Cheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur.  Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well.  A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles.  She opened up a small affiliate site - The Balance Guide-  to help others find resources for mental and emotional well being.  Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com

- Visit Cheryl Matthynssens's Website


To learn more about the Evan Elite Author Program please contact us.

About The Author


James Dicks
(Visit James's Website) For more than a decade, James Dicks has been one of the nation's leading educators on the subject of Real Estate, Stocks, Options, the Foreign Exchange Market and empowering investors to handle their own investments. James is living his dream by helping investors and businesses overcome the hurdles of reaching their financial goals. Millions of people have heard James message of diversification, money management and financial freedom and thousands have attended one of his many free workshops. Increasing investment knowledge is James' goal and he strives to reach this goal by using a common sense approach that investors of all types can utilize on their road to financial freedom. He is the author of the bestselling book FOREX Made Easy Six Ways to Trade the Dollar and his most recent book from McGraw-Hill, Operation Financial Freedom. The newest book, released in April 2006, also from McGraw-Hill, centers on a tremendously hot topic today, Real Estate, How to Buy and Sell Real Estate for Financial Freedom. His newly developed trade recognition software, PremiereTrade AI, is generating interest and sales on an international level. James is a dynamic trainer and motivator, speaking on nationally syndicated radio shows and appearing nationally before thousands of people educating them on personal finance, real estate and investing. As both a former Marine and dedicated family man, He strives to make a positive difference in the lives of every person he meets, and is proud to have served in the United States Marine Corps.

James Dicks is a Platinum author on EvanCarmichael.com
About The Author

View Author Blog
View Author Blog

View Author Video
View Author Video

Free Downloads


James Dicks's

Complete
List Of
Personal-Finance
Articles

Name
Email
If you enjoyed this article, get James Dicks's Complete List of Personal-Finance Articles For FREE!

More James Dicks
Diversification is the Key
Lets Give It All We Got
Are you a saver If not you will be
Facing Foreclosure Listen Up
The FOREX and the Recession
Beware of Job Scams
Time for a REAL Change
Communicate with the people you owe its a winwin for everyone
Personal Financial Checkups
Engaging your Employees
Free Downloads


 
 
 


Evan Elite Authors
John Power  
David Barr  
Stephanie Robey  
Evan Elite Authors

Become An Author
Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details.
Become An Author

Evan's Latest Video
Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media
Evan's Latest Video

Business Opportunities
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"

How to Start An Online Business

Click Here To Learn More
Business Opportunities



Evan's Newsletter
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
Name:
Email:
Evan`s Newsletter

Free Downloads
Valley of Death Icon Valley of Death
Online Marketing Course Icon Online Marketing Course
5 Step Action Plan Icon 5 Step Action Plan
Positive Thinking Icon Positive Thinking
100 Success Tips Icon 100 Success Tips
Free Downloads - Complete List

Entrepreneur Tools and Guides
Choose A PR Topic
Choose A PR Topic
Press Release Builder
 
Write The Press Release
Write The PR
Press Release Builder
 
Entrepreneur Tools and Guides

SEO For Africa
SEO For Africa
Jesline Aguli Gudele, Sudan,
Jesline Aguli
Gudele, Sudan
SEO For Africa

If I Were A Startup...
Jonathan Voigt, $214k to $507k in 2 years
Jonathan Voigt
$214k to $507k in 2 years
Adam and Matthew Toren , $200k to $3.4 Mil in 3 Years
Adam and Matthew Toren
$200k to $3.4 Mil in 3 Years
If I Were A Startup... - Complete List

Famous Entrepreneurs
John Willard Marriott, Marriott
Joyce Hall, Hallmark Cards
Joyce Hall
Hallmark Cards
Famous Entrepreneurs - Complete List

Entrepreneur Advice
Ask Michael Gerber, Reader Questions
Ask Michael Gerber
Reader Questions
T. Harv Eker, Millionaire Mind
T. Harv Eker
Millionaire Mind
Entrepreneur Advice - Complete List

Popular Articles
(Premium Authors)

     How to Identify, Form and Capitalize on Strategic Alliances
By Andrew Nester
     Business Planning, The Process
By Andrew Nester
     How to fail with a web site!
By Andrew Nester

Have A Suggestion?
Toronto Salsa Classes / Toronto Salsa Lessons Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
Have A Suggestion?

More Evan Carmichael
More Information