Fall Special Account Review

The Fall 4th qrt is the perfect time to reflect on the year and make any necessary adjustments before we reach its end. From now until December 31st, take some extra time to review, correct or polish your finances before the end of the year rolls around!

A good place to start is to review your budget and make any necessary adjustments. By doing this, you can ensure that you have enough money to cover all of your expenses and that you are not overspending.

Check your bank and credit card statements for errors. Take time to review each and every transaction and fee accessed. Pay close attention to the statement fees charged. Look into what those fees are and if there is a way to negotiate those fees down. If you notice any errors in your statements, report them to your bank or credit card company as soon as possible. If you are not careful, banks and credit card companies can end up charging you a lot of money in fees.

Review your insurance policies to ensure they're still appropriate for your needs. As your life changes, so do your insurance needs. Review your policies regularly to make sure they still fit your circumstances. For example, you may need to adjust your coverage if you get married, have a baby, or buy a new home. If you're unsure what coverage you need, talk to an insurance agent or financial advisor.

Another important thing to do as the year comes to a close is to review your goals. This is a good time to reflect on what you have accomplished and set new goals for the upcoming year. If you have not been meeting your goals, now is the time to reassess them and make any necessary changes. Make sure you're on track to meet your savings goals.

Pay off any high-interest debt. This will help you save money in the long run. High-interest debt can be a huge financial burden, and it can take years to pay off if you only make minimum payments. If you have high-interest debt, it's important to focus on paying it off as quickly as possible. Paying off debt is one of the smartest things you can do for your finances, and it will help you save money in the long run.

It's important to take some time for reflection. This is especially true when it comes to our finances. Now is the perfect time to review your books and make any necessary adjustments before the year ends.

CLE Bookkeeping Solutions is offering a discount on all Review Services so that you can get a head start on preparing your finances for 2022. Contact us today to schedule an appointment!