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Summer Financial Fitness

We’re about half way through the Summer and it’s a good time to remind you that your financial fitness should not slack off just because the rhythm of life is different. Too often we see people fall of their financial fitness regime because of vacations. It’s easy to spend more, save less, lose track of your expenses and just get off your financial plan during the Summer months. If that happens, when Fall comes, you have to dig yourself out of a hole that happened while you were not paying attention.

Instead, may I suggest that you do a mid-year check-up on your financial goals and progress now? Review the financial goals you set at the beginning of the year and measure your progress. For example, if one of your goals was to save $XX this year, check to see if you’re 50% of the way there. If not, what do you need to stop doing, start doing and keep doing. Another goal might have been to pay off non house debt. Again, check to see if you’re making progress. The point is that it’s easy to let the Summer months slide by and get off your financial path to freedom. Please take the time this week to do an honest review of your progress year to date and take action to adjust your actions if necessary. If you’re on track, good for you. Keep up the good work.

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