friends on FIRE
friends on FIRE
friends on FIRE
#077 | The 2021 financial checklist to ensure you stay on track
35 minutes Posted Dec 30, 2020 at 5:05 am.
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It’s hard to remember all the things you need to do throughout the year, so having a checklist really helps.  This is comparable to a home maintenance checklist for your house.  It’s hard to remember you need to change your air filter in November and cut the ivy off the trees a few times a year.  If you have a checklist, you’re on a much better path to accomplish your goals for the year.  

We’ve created a starter checklist to then take and customize for your personal needs and goals.  Download the checklist, remove the things that don’t apply to you, add additional unique custom items that apply to you and we would never know, and then manage and track your progress throughout the year.  Remember, what gets measured gets better!

We talk through this checklist at a high level and share some thought-starters and recommendations on each of the items on it. Most of the items are self-explanatory, but we also share which podcast episodes could be helpful if you need additional details and inspiration.  The sections of the 2021 financial checklist include:

  • Financial Management and Organization
  • Retirement Savings
  • Savings and Investments
  • Debt Payoff
  • Employer Benefits
  • Cutting Expenses
  • Credit and Credit Card Management
  • Wills and Estate Management
  • Taxes
  • Giving and Giving Away

Top 3 takeaways:

  1. Download and use this checklist, it’s helpful.
  2. Make the important financial responsibilities part of your routine. When they become habitual, it won’t seem like work.
  3. Keep at it and celebrate your successes throughout the year.

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Other Links

Maggie’s Blog: Mostly Minimal Life

Mike’s Book: Your New Relationship with Money