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Have You Saved Enough This Year?

As the year-end approaches, many of us may reflect on our financial goals and wonder if we're on track. If you're falling short of your savings objectives, don’t quit! There's still time to make a significant impact.

1 min
Gretchen Stangier
Personal Finance, Financial Education, Budget, savings, Financial Plan, Financial Goals, Family Planning

Here are five steps to consider before the clock strikes midnight on December 31st:

Review Your Financial Goals: Take a close look at your savings targets and see if they are still realistic and achievable by the end of the year. Make necessary adjustments if needed.

Track Your Expenses: Review your spending habits and identify areas to cut back. Reducing discretionary expenses can free up more funds for savings.

Automate Your Savings: Set up automated transfers to your savings or investment accounts. This “pay yourself first” approach ensures that money is set aside before you can spend it.

Leverage Tax-Advantaged Accounts: Maximize contributions to tax-advantaged accounts like your 401(k), IRA, or HSA. These contributions may offer immediate tax benefits while boosting your long-term financial security.

Seek Professional Guidance: This does not have to be a solo venture. Our film helps individuals and families develop a personalized plan to help accomplish their goals, and we would be happy to help you.

Remember, every step you take now brings you closer to achieving your financial objectives. Let’s finish 2023 strong, financially secure, and ready for what lies ahead!

Feel free to reach out if you have any questions or need assistance. You can contact us by phone (503) 257-0057 or email us at info@stangierwealth.com.

Source: Bill Good Marketing, accessed on 11/14/23

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Gretchen Stangier
Personal Finance, Financial Education, Budget, savings, Financial Plan, Financial Goals, Family Planning
budget, savings, Financial Goals, Spending Habits
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