| Here are a few ideas.
Inventory all monthly subscriptions, then annualize
It’s easy to accumulate $6.99 subscriptions to various services. One way to get a feel for these is to inventory them. Then annualize the monthly fee. $40 per month can seem reasonable but $480 per year might make us think twice about how much we value the service. It can also inspire us to find less costly alternatives.
Organize old retirement accounts
If you’ve changed jobs over the years, you could have old retirement accounts. Often, we delay reviewing them because we don’t know where to start. After some analysis, it might be beneficial to consolidate them.
Review beneficiaries
As we accumulate assets, investments, and insurance policies is important that the beneficiary arrangements are reviewed. As we go through different phases of life, our needs in this area change. We never know when this area of planning is going to matter.
Nexus Elite Financial Planning
If you feel disorganized or want to know if you’re on track, consider engaging in a financial planning process. |
