The Personal Finance Podcast The 2024 Year End Money Checklist (Do These Before Year End!)
30 snips
Dec 2, 2024 Explore an insightful year-end money checklist focusing on crucial financial practices. Discover strategic spending tips to enhance your financial freedom, from budgeting to negotiating bills. Learn how to optimize your finances for 2024 by maximizing retirement contributions and reviewing tax withholdings. Delve into effective year-end financial planning, including the importance of cybersecurity and the smart use of unexpected bonuses. Embrace these tips to elevate your financial health as you head into the new year!
AI Snips
Chapters
Transcript
Episode notes
Money Automations
- Review savings automations, bill payments, debt payments, and investment contributions.
- Automate these processes to save time and optimize your finances.
Cost Cutting
- Cut costs on housing, food, and transportation, aiming for specific percentages of your income.
- Negotiate bills, check subscriptions, and evaluate spending based on value and necessities.
Net Worth Review
- Review your net worth statement to track progress and ensure assets are increasing while liabilities decrease.
- Use tools like Monarch Money to monitor and manage your net worth effectively.