5 Simple Steps To Check Your Financial Health For The New Year

RADICALFIRE.COM

When is the last time you checked your financial health? 

Steps To Check Your Financial Health

Check Your Housing Situation

Check if you can find a cheaper place to live within the area you´re currently living in, or move to another  beautiful part of the country that is less expensive.

Know Your Net Worth

It’s important to compare yourself with previous years so that you can see which direction your net worth is moving.

Know Where Your  Money Is Going

The goal is to get a good understanding of your money habits. Where is your money coming from and where is it going?

Build An Emergency Fund

An emergency fund is basically building up a buffer so that when something unexpected happens, you don’t have to go back into debt to cover the expenses.

Invest

When you start investing, take into account your personal preferences and current situation.

FOR MORE ABOUT THIS POST, VISIT RADICAL FIRE