this is why you need to do a year end review

This is why you need to do a year end review, simply put, “What gets measured gets done.”

As 2021 comes to an end, take the time to do a financial evaluation on how well you handled your money.

• Consider your losses as well as your wins.

Did you stick to your budget? And if not, what was the reason?

Were you able to meet your financial goals?

Have you identified any excessive or unnecessary spending?

Identify this will help you know if you need to increase your income or reduce your expenses as your plan your 2022 budget.

• The purpose of conducting a thorough review of your personal finances is to check whether you’ve made progress with your financial goals and what needs to be adjusted for 2022.

If you need any help on getting started with this send us an email to thefemvestors@gmail.com for tips to get you started.